BISTRONOVA: what changed
BISTRONOVA
Largest movements
- Deferred charges and accrued income +€18,092
up €18,092 (+585%), from €3,090 to €21,183
- Cash -€6,458
down €6,458 (-43.2%), from €14,957 to €8,499
mainly Deferred charges and accrued income (-€18,092) and Investment in fixed assets (net) (-€6,517)
- Tangible fixed assets +€5,217
up €5,217 (+81.1%), from €6,434 to €11,651
of which Land and buildings: +€7,124
- Stocks and contracts +€2,686
up €2,686 (+60.7%), from €4,422 to €7,108
- Receivables within one year -€566
down €566 (-21.3%), from €2,660 to €2,094
of which Trade receivables: -€292
- Accrued charges and deferred income +€22,765
new in 2025: €22,765
- Tax, wage and social debts -€3,681
down €3,681 (-32.6%), from €11,305 to €7,624
of which Taxes: -€3,188
- Other debts -€3,111
down €3,111 (-2.0%), from €158,565 to €155,454
- Profit (loss) carried forward +€2,938
up €2,938 (+1.7%), from -€170,049 to -€167,111
- Gross operating margin -€4,571
down €4,571 (-5.2%), from €88,102 to €83,531
- Staff costs -€4,285
down €4,285 (-5.3%), from €80,592 to €76,308
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €35,163 | €54,135 | +€18,971 | +54.0% |
| Fixed assets | 21/28 | €10,034 | €15,251 | +€5,217 | +52.0% |
| Tangible fixed assets | 22/27 | €6,434 | €11,651 | +€5,217 | +81.1% |
| Land and buildings | 22 | - | €7,124 | +€7,124 | |
| Plant, machinery and equipment | 23 | €3,497 | €2,703 | -€795 | -22.7% |
| Furniture and vehicles | 24 | €2,937 | €1,825 | -€1,112 | -37.9% |
| Financial fixed assets | 28 | €3,600 | €3,600 | = | 0.0% |
| Current assets | 29/58 | €25,129 | €38,883 | +€13,754 | +54.7% |
| Stocks and contracts in progress | 3 | €4,422 | €7,108 | +€2,686 | +60.7% |
| Stocks | 30/36 | €4,422 | €7,108 | +€2,686 | +60.7% |
| Amounts receivable within one year | 40/41 | €2,660 | €2,094 | -€566 | -21.3% |
| Trade receivables | 40 | €2,215 | €1,923 | -€292 | -13.2% |
| Other amounts receivable | 41 | €445 | €171 | -€274 | -61.6% |
| Cash at bank and in hand | 54/58 | €14,957 | €8,499 | -€6,458 | -43.2% |
| Deferred charges and accrued income | 490/1 | €3,090 | €21,183 | +€18,092 | +585% |
| Total equity and liabilities | 10/49 | €35,163 | €54,135 | +€18,971 | +54.0% |
| Equity | 10/15 | -€151,449 | -€148,511 | +€2,938 | +1.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€170,049 | -€167,111 | +€2,938 | +1.7% |
| Amounts payable | 17/49 | €186,612 | €202,645 | +€16,033 | +8.6% |
| Amounts payable within one year | 42/48 | €186,612 | €179,880 | -€6,732 | -3.6% |
| Trade debts | 44 | €16,742 | €16,802 | +€60 | +0.4% |
| Suppliers | 440/4 | €16,742 | €16,802 | +€60 | +0.4% |
| Taxes, remuneration and social security | 45 | €11,305 | €7,624 | -€3,681 | -32.6% |
| Taxes | 450/3 | €3,541 | €353 | -€3,188 | -90.0% |
| Remuneration and social security | 454/9 | €7,765 | €7,271 | -€494 | -6.4% |
| Other amounts payable | 47/48 | €158,565 | €155,454 | -€3,111 | -2.0% |
| Accrued charges and deferred income | 492/3 | - | €22,765 | +€22,765 | |
| Remuneration, social security and pensions | 62 | €80,592 | €76,308 | -€4,285 | -5.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,041 | €1,300 | +€259 | +24.9% |
| Other operating charges | 640/8 | €1,719 | €1,724 | +€5 | +0.3% |
| Non-recurring operating charges | 66A | - | €652 | +€652 | |
| Gross operating margin | 9900 | €88,102 | €83,531 | -€4,571 | -5.2% |
| Operating profit (loss) | 9901 | €4,750 | €3,548 | -€1,202 | -25.3% |
| Financial income | 75/76B | €0 | €1 | +€1 | +1,043% |
| Recurring financial income | 75 | €0 | €1 | +€1 | +1,043% |
| Financial charges | 65/66B | €370 | €610 | +€240 | +64.9% |
| Recurring financial charges | 65 | €370 | €610 | +€240 | +64.9% |
| Profit (loss) for the period before taxes | 9903 | €4,380 | €2,938 | -€1,442 | -32.9% |
| Income taxes | 67/77 | €174 | - | -€174 | |
| Profit (loss) for the period | 9904 | €4,206 | €2,938 | -€1,267 | -30.1% |
| Profit (loss) for the period to be appropriated | 9905 | €4,206 | €2,938 | -€1,267 | -30.1% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.