BIX: 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.
BIX
Largest movements
- Tangible fixed assets -€87,795
down €87,795 (-16.0%), from €548,964 to €461,168
- Deferred charges and accrued income +€32,692
up €32,692 (+109.0%), from €30,000 to €62,692
- Receivables after one year -€21,712
down €21,712 (-15.7%), from €137,932 to €116,219
- Cash +€20,479
up €20,479 (+17.5%), from €117,297 to €137,776
mainly Trade debts (+€91,448) and Depreciation (+€87,795)
- Trade debts +€91,448
up €91,448 (+91.2%), from €100,229 to €191,677
- Debts after one year -€59,670
down €59,670 (-15.2%), from €391,857 to €332,188
of which Financial debts: -€59,670
- Reserves -€32,478
down €32,478 (-15.9%), from €203,818 to €171,339
of which Distributable reserves: -€32,478
- Tax, wage and social debts -€28,122
down €28,122 (-19.7%), from €143,054 to €114,932
of which Remuneration and social security: -€24,393
- Profit (loss) carried forward -€17,919
down €17,919 (-61.6%), from -€29,071 to -€46,990
- Gross operating margin -€88,565
down €88,565 (-7.1%), from €1.2m to €1.2m
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 | €942,378 | €885,080 | -€57,298 | -6.1% |
| Fixed assets | 21/28 | €550,681 | €462,886 | -€87,795 | -15.9% |
| Tangible fixed assets | 22/27 | €548,964 | €461,168 | -€87,795 | -16.0% |
| Land and buildings | 22 | €178,394 | €146,394 | -€32,001 | -17.9% |
| Plant, machinery and equipment | 23 | €99,941 | €73,758 | -€26,182 | -26.2% |
| Furniture and vehicles | 24 | €17,706 | €12,308 | -€5,398 | -30.5% |
| Other tangible fixed assets | 26 | €252,923 | €228,708 | -€24,215 | -9.6% |
| Financial fixed assets | 28 | €1,718 | €1,718 | = | 0.0% |
| Current assets | 29/58 | €391,697 | €422,194 | +€30,497 | +7.8% |
| Amounts receivable after more than one year | 29 | €137,932 | €116,219 | -€21,712 | -15.7% |
| Other amounts receivable | 291 | €137,932 | €116,219 | -€21,712 | -15.7% |
| Stocks and contracts in progress | 3 | €46,785 | €52,195 | +€5,410 | +11.6% |
| Stocks | 30/36 | €46,785 | €52,195 | +€5,410 | +11.6% |
| Amounts receivable within one year | 40/41 | €59,683 | €53,312 | -€6,371 | -10.7% |
| Trade receivables | 40 | €21,188 | €10,320 | -€10,869 | -51.3% |
| Other amounts receivable | 41 | €38,494 | €42,992 | +€4,498 | +11.7% |
| Cash at bank and in hand | 54/58 | €117,297 | €137,776 | +€20,479 | +17.5% |
| Deferred charges and accrued income | 490/1 | €30,000 | €62,692 | +€32,692 | +109.0% |
| Total equity and liabilities | 10/49 | €942,378 | €885,080 | -€57,298 | -6.1% |
| Equity | 10/15 | €193,347 | €142,950 | -€50,397 | -26.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Other | 1109/19 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €203,818 | €171,339 | -€32,478 | -15.9% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €201,958 | €169,479 | -€32,478 | -16.1% |
| Profit (loss) carried forward | 14 | -€29,071 | -€46,990 | -€17,919 | -61.6% |
| Amounts payable | 17/49 | €749,031 | €742,130 | -€6,901 | -0.9% |
| Amounts payable after more than one year | 17 | €391,857 | €332,188 | -€59,670 | -15.2% |
| Financial debts | 170/4 | €375,357 | €315,688 | -€59,670 | -15.9% |
| Trade debts | 175 | €16,500 | €16,500 | = | 0.0% |
| Amounts payable within one year | 42/48 | €357,113 | €409,942 | +€52,829 | +14.8% |
| Current portion of amounts payable after more than one year | 42 | €68,865 | €58,218 | -€10,647 | -15.5% |
| Trade debts | 44 | €100,229 | €191,677 | +€91,448 | +91.2% |
| Suppliers | 440/4 | €100,229 | €191,677 | +€91,448 | +91.2% |
| Advances received on contracts in progress | 46 | €3,497 | €3,497 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €143,054 | €114,932 | -€28,122 | -19.7% |
| Taxes | 450/3 | €12,451 | €8,723 | -€3,729 | -29.9% |
| Remuneration and social security | 454/9 | €130,603 | €106,209 | -€24,393 | -18.7% |
| Other amounts payable | 47/48 | €41,469 | €41,619 | +€150 | +0.4% |
| Accrued charges and deferred income | 492/3 | €60 | - | -€60 | |
| Remuneration, social security and pensions | 62 | €1,086,746 | €1,075,595 | -€11,152 | -1.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €86,989 | €87,795 | +€807 | +0.9% |
| Other operating charges | 640/8 | €4,827 | €2,795 | -€2,032 | -42.1% |
| Gross operating margin | 9900 | €1,247,130 | €1,158,565 | -€88,565 | -7.1% |
| Operating profit (loss) | 9901 | €68,568 | -€7,620 | -€76,188 | |
| Financial income | 75/76B | €434 | €83 | -€351 | -80.8% |
| Recurring financial income | 75 | €434 | €83 | -€351 | -80.8% |
| Financial charges | 65/66B | €12,435 | €10,173 | -€2,261 | -18.2% |
| Recurring financial charges | 65 | €12,435 | €10,173 | -€2,261 | -18.2% |
| Profit (loss) for the period before taxes | 9903 | €56,567 | -€17,710 | -€74,277 | |
| Income taxes | 67/77 | €9,805 | €209 | -€9,596 | -97.9% |
| Profit (loss) for the period | 9904 | €46,762 | -€17,919 | -€64,681 | |
| Profit (loss) for the period to be appropriated | 9905 | €46,762 | -€17,919 | -€64,681 |
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 11 October 2026 via checked.be.