BISTREAU: what changed
Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
BISTREAU
Largest movements
- Tangible fixed assets -€11,929
down €11,929 (-100.0%), from €11,929 to €0
of which Plant, machinery and equipment: -€11,929
- Receivables within one year +€8,169
up €8,169 (+189.6%), from €4,309 to €12,478
of which Other amounts receivable: +€4,675
- Cash -€1,602
down €1,602 (-88.2%), from €1,817 to €214
mainly Receivables within one year (-€8,169) and Current portion of long-term debt (-€6,931)
- Deferred charges and accrued income -€950
down €950 (-90.0%), from €1,056 to €106
- Current portion of long-term debt -€6,931
down €6,931 (-100.0%), from €6,931 to €0
- Other debts +€4,781
up €4,781 (+17.8%), from €26,872 to €31,653
- Profit (loss) carried forward -€3,905
down €3,905 (-7.3%), from -€53,338 to -€57,243
- Advances received -€1,813
down €1,813 (-100.0%), from €1,813 to €0
- Tax, wage and social debts +€1,762
up €1,762 (+1010.1%), from €174 to €1,936
of which Taxes: +€1,762
- Gross operating margin +€7,694
up €7,694, from -€5,424 to €2,270
- Depreciation -€5,062
down €5,062 (-100.0%), from €5,062 to €0
- Other operating charges +€2,735
up €2,735 (+361.3%), from €757 to €3,492
- Staff costs -€2,299
down €2,299 (-100.0%), from €2,299 to €0
- Financial charges -€274
down €274 (-50.6%), from €542 to €268
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €23,771 | €17,459 | -€6,313 | -26.6% |
| Fixed assets | 21/28 | €11,929 | €0 | -€11,929 | -100.0% |
| Tangible fixed assets | 22/27 | €11,929 | €0 | -€11,929 | -100.0% |
| Plant, machinery and equipment | 23 | €11,929 | €0 | -€11,929 | -100.0% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Other tangible fixed assets | 26 | €0 | - | = | |
| Current assets | 29/58 | €11,842 | €17,459 | +€5,617 | +47.4% |
| Amounts receivable within one year | 40/41 | €4,309 | €12,478 | +€8,169 | +189.6% |
| Trade receivables | 40 | €3,852 | €7,347 | +€3,495 | +90.7% |
| Other amounts receivable | 41 | €457 | €5,132 | +€4,675 | +1022.0% |
| Current investments | 50/53 | €4,660 | €4,660 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €1,817 | €214 | -€1,602 | -88.2% |
| Deferred charges and accrued income | 490/1 | €1,056 | €106 | -€950 | -90.0% |
| Total equity and liabilities | 10/49 | €23,771 | €17,459 | -€6,313 | -26.6% |
| Equity | 10/15 | -€13,515 | -€17,420 | -€3,905 | -28.9% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €21,273 | €21,273 | = | 0.0% |
| Distributable reserves | 133 | €21,273 | €21,273 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€53,338 | -€57,243 | -€3,905 | -7.3% |
| Amounts payable | 17/49 | €37,286 | €34,878 | -€2,408 | -6.5% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €37,286 | €34,878 | -€2,408 | -6.5% |
| Current portion of amounts payable after more than one year | 42 | €6,931 | €0 | -€6,931 | -100.0% |
| Trade debts | 44 | €1,496 | €1,290 | -€206 | -13.8% |
| Suppliers | 440/4 | €1,496 | €1,290 | -€206 | -13.8% |
| Advances received on contracts in progress | 46 | €1,813 | €0 | -€1,813 | -100.0% |
| Taxes, remuneration and social security | 45 | €174 | €1,936 | +€1,762 | +1010.1% |
| Taxes | 450/3 | €174 | €1,936 | +€1,762 | +1010.1% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €26,872 | €31,653 | +€4,781 | +17.8% |
| Remuneration, social security and pensions | 62 | €2,299 | €0 | -€2,299 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,062 | €0 | -€5,062 | -100.0% |
| Other operating charges | 640/8 | €757 | €3,492 | +€2,735 | +361.3% |
| Non-recurring operating charges | 66A | - | €2,274 | +€2,274 | |
| Gross operating margin | 9900 | -€5,424 | €2,270 | +€7,694 | |
| Operating profit (loss) | 9901 | -€13,542 | -€3,496 | +€10,046 | +74.2% |
| Financial income | 75/76B | €1 | €0 | -€1 | -99.3% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -99.3% |
| Financial charges | 65/66B | €542 | €268 | -€274 | -50.6% |
| Recurring financial charges | 65 | €542 | €268 | -€274 | -50.6% |
| Profit (loss) for the period before taxes | 9903 | -€14,082 | -€3,764 | +€10,319 | +73.3% |
| Income taxes | 67/77 | €174 | €141 | -€33 | -19.2% |
| Profit (loss) for the period | 9904 | -€14,257 | -€3,905 | +€10,352 | +72.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€14,257 | -€3,905 | +€10,352 | +72.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.