BIXIDIS: what changed
BIXIDIS
Largest movements
- Tangible fixed assets +€44,478
up €44,478 (+23.6%), from €188,667 to €233,145
of which Furniture and vehicles: +€50,076
- Cash -€41,787
down €41,787 (-21.5%), from €194,118 to €152,331
mainly Trade debts (-€76,526) and Investment in fixed assets (net) (-€57,699)
- Receivables within one year +€36,191
up €36,191 (+26.8%), from €134,803 to €170,994
of which Trade receivables: +€59,826
- Reserves +€213,032
up €213,032 (+10.6%), from €2.0m to €2.2m
- Profit (loss) carried forward -€85,213
no longer reported in 2025 (was €85,213)
- Trade debts -€76,526
down €76,526 (-69.5%), from €110,078 to €33,553
- Gross operating margin -€95,762
down €95,762 (-32.0%), from €299,097 to €203,335
- Taxes -€23,231
down €23,231 (-28.0%), from €83,099 to €59,869
- Depreciation -€8,122
down €8,122 (-38.1%), from €21,342 to €13,221
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 | €2,591,333 | €2,632,282 | +€40,949 | +1.6% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €2,258,667 | €2,303,145 | +€44,478 | +2.0% |
| Tangible fixed assets | 22/27 | €188,667 | €233,145 | +€44,478 | +23.6% |
| Furniture and vehicles | 24 | €26,730 | €76,807 | +€50,076 | +187% |
| Other tangible fixed assets | 26 | €161,937 | €156,338 | -€5,598 | -3.5% |
| Financial fixed assets | 28 | €2,070,000 | €2,070,000 | = | 0.0% |
| Current assets | 29/58 | €332,666 | €329,137 | -€3,529 | -1.1% |
| Amounts receivable within one year | 40/41 | €134,803 | €170,994 | +€36,191 | +26.8% |
| Trade receivables | 40 | €101,869 | €161,695 | +€59,826 | +58.7% |
| Other amounts receivable | 41 | €32,934 | €9,299 | -€23,635 | -71.8% |
| Cash at bank and in hand | 54/58 | €194,118 | €152,331 | -€41,787 | -21.5% |
| Deferred charges and accrued income | 490/1 | €3,745 | €5,812 | +€2,067 | +55.2% |
| Total equity and liabilities | 10/49 | €2,591,333 | €2,632,282 | +€40,949 | +1.6% |
| Equity | 10/15 | €2,147,368 | €2,275,186 | +€127,819 | +6.0% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €2,012,155 | €2,225,186 | +€213,032 | +10.6% |
| Distributable reserves | 133 | €2,012,155 | €2,225,186 | +€213,032 | +10.6% |
| Profit (loss) carried forward | 14 | €85,213 | - | -€85,213 | |
| Amounts payable | 17/49 | €443,965 | €357,096 | -€86,869 | -19.6% |
| Amounts payable within one year | 42/48 | €443,679 | €357,096 | -€86,583 | -19.5% |
| Financial debts | 43 | €20,488 | €20,548 | +€60 | +0.3% |
| Credit institutions | 430/8 | €20,488 | €20,548 | +€60 | +0.3% |
| Trade debts | 44 | €110,078 | €33,553 | -€76,526 | -69.5% |
| Suppliers | 440/4 | €110,078 | €33,553 | -€76,526 | -69.5% |
| Taxes, remuneration and social security | 45 | €38,245 | €51,770 | +€13,524 | +35.4% |
| Taxes | 450/3 | €33,608 | €46,061 | +€12,454 | +37.1% |
| Remuneration and social security | 454/9 | €4,638 | €5,708 | +€1,071 | +23.1% |
| Other amounts payable | 47/48 | €274,867 | €251,226 | -€23,642 | -8.6% |
| Accrued charges and deferred income | 492/3 | €286 | - | -€286 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,342 | €13,221 | -€8,122 | -38.1% |
| Other operating charges | 640/8 | €1,265 | €1,102 | -€163 | -12.9% |
| Gross operating margin | 9900 | €299,097 | €203,335 | -€95,762 | -32.0% |
| Operating profit (loss) | 9901 | €276,490 | €189,013 | -€87,477 | -31.6% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €1,609 | €1,326 | -€283 | -17.6% |
| Recurring financial charges | 65 | €1,609 | €1,326 | -€283 | -17.6% |
| Profit (loss) for the period before taxes | 9903 | €274,881 | €187,687 | -€87,194 | -31.7% |
| Income taxes | 67/77 | €83,099 | €59,869 | -€23,231 | -28.0% |
| Profit (loss) for the period | 9904 | €191,782 | €127,819 | -€63,964 | -33.4% |
| Profit (loss) for the period to be appropriated | 9905 | €191,782 | €127,819 | -€63,964 | -33.4% |
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 6 November 2026 via checked.be.