BIY GROUP: 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.
BIY GROUP
Largest movements
- Receivables within one year +€22,410
up €22,410 (+32.9%), from €68,203 to €90,613
- Financial fixed assets +€9,000
new in 2024: €9,000
- Cash -€4,925
down €4,925 (-71.4%), from €6,895 to €1,970
mainly Receivables within one year (-€22,410) and Investment in fixed assets (net) (-€14,785)
- Tangible fixed assets -€2,466
down €2,466 (-7.5%), from €32,897 to €30,431
- Trade debts +€14,320
up €14,320 (+20.0%), from €71,526 to €85,845
- Profit (loss) carried forward +€11,644
up €11,644 (+88.8%), from €13,112 to €24,756
- Tax, wage and social debts -€10,080
down €10,080 (-50.6%), from €19,902 to €9,822
of which Remuneration and social security: -€11,420
- Other debts +€8,135
up €8,135 (+559.4%), from €1,454 to €9,590
- Other operating charges -€5,717
down €5,717 (-76.3%), from €7,496 to €1,779
- Depreciation +€4,231
up €4,231 (+105.2%), from €4,020 to €8,251
- Staff costs +€1,503
new in 2024: €1,503
- Gross operating margin -€1,277
down €1,277 (-4.5%), from €28,610 to €27,332
- Financial charges +€380
up €380 (+54.9%), from €692 to €1,071
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €107,994 | €132,013 | +€24,019 | +22.2% |
| Fixed assets | 21/28 | €32,897 | €39,431 | +€6,534 | +19.9% |
| Tangible fixed assets | 22/27 | €32,897 | €30,431 | -€2,466 | -7.5% |
| Furniture and vehicles | 24 | €32,897 | €30,431 | -€2,466 | -7.5% |
| Financial fixed assets | 28 | - | €9,000 | +€9,000 | |
| Current assets | 29/58 | €75,098 | €92,583 | +€17,485 | +23.3% |
| Amounts receivable within one year | 40/41 | €68,203 | €90,613 | +€22,410 | +32.9% |
| Trade receivables | 40 | €68,203 | €90,613 | +€22,410 | +32.9% |
| Cash at bank and in hand | 54/58 | €6,895 | €1,970 | -€4,925 | -71.4% |
| Total equity and liabilities | 10/49 | €107,994 | €132,013 | +€24,019 | +22.2% |
| Equity | 10/15 | €15,112 | €26,756 | +€11,644 | +77.0% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €13,112 | €24,756 | +€11,644 | +88.8% |
| Amounts payable | 17/49 | €92,882 | €105,257 | +€12,375 | +13.3% |
| Amounts payable within one year | 42/48 | €92,882 | €105,257 | +€12,375 | +13.3% |
| Trade debts | 44 | €71,526 | €85,845 | +€14,320 | +20.0% |
| Suppliers | 440/4 | €71,526 | €85,845 | +€14,320 | +20.0% |
| Taxes, remuneration and social security | 45 | €19,902 | €9,822 | -€10,080 | -50.6% |
| Taxes | 450/3 | €6,035 | €7,374 | +€1,339 | +22.2% |
| Remuneration and social security | 454/9 | €13,867 | €2,448 | -€11,420 | -82.3% |
| Other amounts payable | 47/48 | €1,454 | €9,590 | +€8,135 | +559.4% |
| Remuneration, social security and pensions | 62 | - | €1,503 | +€1,503 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,020 | €8,251 | +€4,231 | +105.2% |
| Other operating charges | 640/8 | €7,496 | €1,779 | -€5,717 | -76.3% |
| Gross operating margin | 9900 | €28,610 | €27,332 | -€1,277 | -4.5% |
| Operating profit (loss) | 9901 | €17,093 | €15,799 | -€1,295 | -7.6% |
| Financial charges | 65/66B | €692 | €1,071 | +€380 | +54.9% |
| Recurring financial charges | 65 | €692 | €1,071 | +€380 | +54.9% |
| Profit (loss) for the period before taxes | 9903 | €16,402 | €14,727 | -€1,674 | -10.2% |
| Income taxes | 67/77 | €3,289 | €3,084 | -€206 | -6.3% |
| Profit (loss) for the period | 9904 | €13,112 | €11,644 | -€1,468 | -11.2% |
| Profit (loss) for the period to be appropriated | 9905 | €13,112 | €11,644 | -€1,468 | -11.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.