Biyout: 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.
Biyout
Largest movements
- Stocks and contracts +€20,142
up €20,142 (+10.7%), from €188,069 to €208,210
- Receivables within one year +€19,849
up €19,849 (+406.2%), from €4,886 to €24,735
of which Trade receivables: +€19,364
- Cash -€4,227
down €4,227 (-99.1%), from €4,268 to €40
mainly Stocks and contracts (-€20,142) and Receivables within one year (-€19,849)
- Other debts +€35,284
up €35,284 (+17.8%), from €198,002 to €233,286
- Profit (loss) carried forward -€11,997
down €11,997 (-36.8%), from -€32,599 to -€44,596
- Trade debts +€7,629
up €7,629 (+70.3%), from €10,858 to €18,486
- Debts after one year +€6,000
new in 2025: €6,000
- Gross operating margin +€20,909
up €20,909 (+66.6%), from -€31,392 to -€10,483
- Other operating charges +€392
up €392 (+54.3%), from €722 to €1,114
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 | €198,345 | €233,883 | +€35,537 | +17.9% |
| Fixed assets | 21/28 | €1,123 | €843 | -€280 | -24.9% |
| Tangible fixed assets | 22/27 | €1,123 | €843 | -€280 | -24.9% |
| Furniture and vehicles | 24 | €1,123 | €843 | -€280 | -24.9% |
| Current assets | 29/58 | €197,222 | €233,040 | +€35,817 | +18.2% |
| Stocks and contracts in progress | 3 | €188,069 | €208,210 | +€20,142 | +10.7% |
| Stocks | 30/36 | €188,069 | €208,210 | +€20,142 | +10.7% |
| Amounts receivable within one year | 40/41 | €4,886 | €24,735 | +€19,849 | +406.2% |
| Trade receivables | 40 | €4,797 | €24,161 | +€19,364 | +403.7% |
| Other amounts receivable | 41 | €89 | €574 | +€485 | +544.8% |
| Cash at bank and in hand | 54/58 | €4,268 | €40 | -€4,227 | -99.1% |
| Deferred charges and accrued income | 490/1 | - | €54 | +€54 | |
| Total equity and liabilities | 10/49 | €198,345 | €233,883 | +€35,537 | +17.9% |
| Equity | 10/15 | -€11,893 | -€23,889 | -€11,997 | -100.9% |
| Contributions | 10/11 | €7,350 | €7,350 | = | 0.0% |
| Reserves | 13 | €13,356 | €13,356 | = | 0.0% |
| Distributable reserves | 133 | €13,356 | €13,356 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€32,599 | -€44,596 | -€11,997 | -36.8% |
| Amounts payable | 17/49 | €210,238 | €257,772 | +€47,534 | +22.6% |
| Amounts payable after more than one year | 17 | - | €6,000 | +€6,000 | |
| Other amounts payable | 178/9 | - | €6,000 | +€6,000 | |
| Amounts payable within one year | 42/48 | €210,238 | €251,772 | +€41,534 | +19.8% |
| Trade debts | 44 | €10,858 | €18,486 | +€7,629 | +70.3% |
| Suppliers | 440/4 | €10,858 | €18,486 | +€7,629 | +70.3% |
| Taxes, remuneration and social security | 45 | €1,379 | - | -€1,379 | |
| Taxes | 450/3 | €1,379 | - | -€1,379 | |
| Other amounts payable | 47/48 | €198,002 | €233,286 | +€35,284 | +17.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €277 | €280 | +€3 | +1.1% |
| Other operating charges | 640/8 | €722 | €1,114 | +€392 | +54.3% |
| Gross operating margin | 9900 | -€31,392 | -€10,483 | +€20,909 | +66.6% |
| Operating profit (loss) | 9901 | -€32,391 | -€11,876 | +€20,514 | +63.3% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €209 | €120 | -€88 | -42.4% |
| Recurring financial charges | 65 | €209 | €120 | -€88 | -42.4% |
| Profit (loss) for the period before taxes | 9903 | -€32,599 | -€11,997 | +€20,603 | +63.2% |
| Profit (loss) for the period | 9904 | -€32,599 | -€11,997 | +€20,603 | +63.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€32,599 | -€11,997 | +€20,603 | +63.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.