BISTRO M: what changed
Two financial 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.
BISTRO M
Largest movements
- Receivables within one year +€32,700
up €32,700 (+553.6%), from €5,907 to €38,607
of which Trade receivables: +€31,610
- Tangible fixed assets -€9,254
down €9,254 (-64.8%), from €14,272 to €5,018
of which Plant, machinery and equipment: -€7,346
- Cash +€7,808
up €7,808 (+130.8%), from €5,972 to €13,779
mainly Other debts (+€24,923) and Advances received (+€13,795)
- Other debts +€24,923
up €24,923 (+32.2%), from €77,478 to €102,401
- Advances received +€13,795
up €13,795 (+615.9%), from €2,240 to €16,035
- Profit (loss) carried forward +€13,687
up €13,687 (+11.8%), from -€115,843 to -€102,157
- Trade debts -€13,442
down €13,442 (-42.2%), from €31,842 to €18,400
- Tax, wage and social debts -€7,613
down €7,613 (-60.2%), from €12,651 to €5,038
of which Taxes: -€5,835
- Gross operating margin +€37,337
up €37,337 (+174.4%), from €21,413 to €58,750
- Staff costs -€19,907
down €19,907 (-42.5%), from €46,799 to €26,891
- Depreciation -€2,430
down €2,430 (-20.8%), from €11,684 to €9,254
- Other operating charges +€1,356
up €1,356 (+24.8%), from €5,470 to €6,826
- Financial charges +€1,130
up €1,130 (+106.0%), from €1,066 to €2,197
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 | €27,926 | €59,027 | +€31,101 | +111.4% |
| Fixed assets | 21/28 | €15,172 | €5,918 | -€9,254 | -61.0% |
| Tangible fixed assets | 22/27 | €14,272 | €5,018 | -€9,254 | -64.8% |
| Plant, machinery and equipment | 23 | €11,788 | €4,442 | -€7,346 | -62.3% |
| Furniture and vehicles | 24 | €2,054 | €561 | -€1,493 | -72.7% |
| Other tangible fixed assets | 26 | €430 | €15 | -€414 | -96.4% |
| Financial fixed assets | 28 | €900 | €900 | = | 0.0% |
| Current assets | 29/58 | €12,754 | €53,108 | +€40,355 | +316.4% |
| Stocks and contracts in progress | 3 | €500 | €500 | = | 0.0% |
| Stocks | 30/36 | €500 | €500 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €5,907 | €38,607 | +€32,700 | +553.6% |
| Trade receivables | 40 | €5,869 | €37,479 | +€31,610 | +538.6% |
| Other amounts receivable | 41 | €38 | €1,128 | +€1,090 | +2874.6% |
| Cash at bank and in hand | 54/58 | €5,972 | €13,779 | +€7,808 | +130.8% |
| Deferred charges and accrued income | 490/1 | €376 | €222 | -€153 | -40.8% |
| Total equity and liabilities | 10/49 | €27,926 | €59,027 | +€31,101 | +111.4% |
| Equity | 10/15 | -€97,243 | -€83,557 | +€13,687 | +14.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€115,843 | -€102,157 | +€13,687 | +11.8% |
| Amounts payable | 17/49 | €125,169 | €142,583 | +€17,414 | +13.9% |
| Amounts payable within one year | 42/48 | €124,211 | €141,874 | +€17,662 | +14.2% |
| Trade debts | 44 | €31,842 | €18,400 | -€13,442 | -42.2% |
| Suppliers | 440/4 | €31,842 | €18,400 | -€13,442 | -42.2% |
| Advances received on contracts in progress | 46 | €2,240 | €16,035 | +€13,795 | +615.9% |
| Taxes, remuneration and social security | 45 | €12,651 | €5,038 | -€7,613 | -60.2% |
| Taxes | 450/3 | €8,931 | €3,096 | -€5,835 | -65.3% |
| Remuneration and social security | 454/9 | €3,721 | €1,942 | -€1,779 | -47.8% |
| Other amounts payable | 47/48 | €77,478 | €102,401 | +€24,923 | +32.2% |
| Accrued charges and deferred income | 492/3 | €958 | €710 | -€248 | -25.9% |
| Remuneration, social security and pensions | 62 | €46,799 | €26,891 | -€19,907 | -42.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,684 | €9,254 | -€2,430 | -20.8% |
| Other operating charges | 640/8 | €5,470 | €6,826 | +€1,356 | +24.8% |
| Non-recurring operating charges | 66A | €4,000 | - | -€4,000 | |
| Gross operating margin | 9900 | €21,413 | €58,750 | +€37,337 | +174.4% |
| Operating profit (loss) | 9901 | -€46,539 | €15,779 | +€62,318 | |
| Financial income | 75/76B | €14 | €105 | +€91 | +647.0% |
| Recurring financial income | 75 | €14 | €105 | +€91 | +647.0% |
| Financial charges | 65/66B | €1,066 | €2,197 | +€1,130 | +106.0% |
| Recurring financial charges | 65 | €1,066 | €2,197 | +€1,130 | +106.0% |
| Profit (loss) for the period before taxes | 9903 | -€47,592 | €13,687 | +€61,278 | |
| Profit (loss) for the period | 9904 | -€47,592 | €13,687 | +€61,278 | |
| Profit (loss) for the period to be appropriated | 9905 | -€47,592 | €13,687 | +€61,278 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.