BPI INVEST: what changed
BPI INVEST
Largest movements
- Cash +€12,503
up €12,503 (+268%), from €4,659 to €17,162
mainly Depreciation (+€10,635) and Net result for the year (+€9,949)
- Intangible fixed assets -€10,000
down €10,000 (-25.0%), from €40,000 to €30,000
- Receivables within one year +€3,095
up €3,095 (+20.4%), from €15,178 to €18,273
- Stocks and contracts +€1,933
up €1,933 (+38.8%), from €4,985 to €6,918
- Tangible fixed assets +€1,843
up €1,843 (+215%), from €859 to €2,702
of which Plant, machinery and equipment: +€2,421
- Profit (loss) carried forward +€9,949
up €9,949 (+53.1%), from -€18,730 to -€8,781
- Trade debts +€2,725
up €2,725 (+78.2%), from €3,486 to €6,211
- Tax, wage and social debts -€1,497
down €1,497 (-10.8%), from €13,865 to €12,368
of which Taxes: -€2,655
- Other debts -€1,182
down €1,182 (-2.0%), from €59,881 to €58,699
- Gross operating margin +€6,079
up €6,079 (+17.3%), from €35,100 to €41,179
- Financial charges +€1,533
up €1,533 (+543%), from €283 to €1,816
- Taxes -€859
no longer reported in 2025 (was €859)
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 | €101,886 | €111,881 | +€9,995 | +9.8% |
| Fixed assets | 21/28 | €76,053 | €67,896 | -€8,157 | -10.7% |
| Intangible fixed assets | 21 | €40,000 | €30,000 | -€10,000 | -25.0% |
| Tangible fixed assets | 22/27 | €859 | €2,702 | +€1,843 | +215% |
| Plant, machinery and equipment | 23 | - | €2,421 | +€2,421 | |
| Furniture and vehicles | 24 | €859 | €281 | -€578 | -67.3% |
| Financial fixed assets | 28 | €35,194 | €35,194 | = | 0.0% |
| Current assets | 29/58 | €25,832 | €43,985 | +€18,152 | +70.3% |
| Stocks and contracts in progress | 3 | €4,985 | €6,918 | +€1,933 | +38.8% |
| Stocks | 30/36 | €4,985 | €6,918 | +€1,933 | +38.8% |
| Amounts receivable within one year | 40/41 | €15,178 | €18,273 | +€3,095 | +20.4% |
| Trade receivables | 40 | €15,178 | €18,273 | +€3,095 | +20.4% |
| Cash at bank and in hand | 54/58 | €4,659 | €17,162 | +€12,503 | +268% |
| Deferred charges and accrued income | 490/1 | €1,011 | €1,632 | +€621 | +61.4% |
| Total equity and liabilities | 10/49 | €101,886 | €111,881 | +€9,995 | +9.8% |
| Equity | 10/15 | €24,654 | €34,603 | +€9,949 | +40.4% |
| Reserves | 13 | €43,384 | €43,384 | = | 0.0% |
| Distributable reserves | 133 | €43,384 | €43,384 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€18,730 | -€8,781 | +€9,949 | +53.1% |
| Amounts payable | 17/49 | €77,232 | €77,278 | +€46 | +0.1% |
| Amounts payable within one year | 42/48 | €77,232 | €77,278 | +€46 | +0.1% |
| Trade debts | 44 | €3,486 | €6,211 | +€2,725 | +78.2% |
| Suppliers | 440/4 | €3,486 | €6,211 | +€2,725 | +78.2% |
| Taxes, remuneration and social security | 45 | €13,865 | €12,368 | -€1,497 | -10.8% |
| Taxes | 450/3 | €12,368 | €9,713 | -€2,655 | -21.5% |
| Remuneration and social security | 454/9 | €1,497 | €2,655 | +€1,158 | +77.4% |
| Other amounts payable | 47/48 | €59,881 | €58,699 | -€1,182 | -2.0% |
| Remuneration, social security and pensions | 62 | €17,490 | €17,507 | +€17 | +0.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,578 | €10,635 | +€57 | +0.5% |
| Other operating charges | 640/8 | €1,406 | €1,273 | -€134 | -9.5% |
| Gross operating margin | 9900 | €35,100 | €41,179 | +€6,079 | +17.3% |
| Operating profit (loss) | 9901 | €5,626 | €11,764 | +€6,138 | +109% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €283 | €1,816 | +€1,533 | +543% |
| Recurring financial charges | 65 | €283 | €1,816 | +€1,533 | +543% |
| Profit (loss) for the period before taxes | 9903 | €5,343 | €9,949 | +€4,605 | +86.2% |
| Income taxes | 67/77 | €859 | - | -€859 | |
| Profit (loss) for the period | 9904 | €4,485 | €9,949 | +€5,464 | +122% |
| Profit (loss) for the period to be appropriated | 9905 | €4,485 | €9,949 | +€5,464 | +122% |
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 5 November 2026 via checked.be.