BYFAR: 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.
BYFAR
Largest movements
- Cash -€143,358
down €143,358 (-67.9%), from €211,226 to €67,868
mainly Contributions, distributions and other (-€310,000) and Other debts (-€130,778)
- Receivables within one year +€27,490
up €27,490 (+49.5%), from €55,540 to €83,030
of which Trade receivables: +€22,205
- Deferred charges and accrued income +€4,652
up €4,652 (+1300.8%), from €358 to €5,010
- Tangible fixed assets +€4,037
up €4,037 (+169.4%), from €2,383 to €6,419
- Other debts -€130,778
down €130,778 (-62.7%), from €208,661 to €77,884
- Tax, wage and social debts +€21,843
up €21,843 (+43.1%), from €50,732 to €72,576
of which Taxes: +€25,843
- Gross operating margin +€7,688
up €7,688 (+2.5%), from €305,135 to €312,824
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 | €280,896 | €173,717 | -€107,179 | -38.2% |
| Fixed assets | 21/28 | €13,773 | €17,809 | +€4,037 | +29.3% |
| Tangible fixed assets | 22/27 | €2,383 | €6,419 | +€4,037 | +169.4% |
| Plant, machinery and equipment | 23 | €2,383 | €6,419 | +€4,037 | +169.4% |
| Financial fixed assets | 28 | €11,390 | €11,390 | = | 0.0% |
| Current assets | 29/58 | €267,123 | €155,907 | -€111,216 | -41.6% |
| Amounts receivable within one year | 40/41 | €55,540 | €83,030 | +€27,490 | +49.5% |
| Trade receivables | 40 | €55,540 | €77,745 | +€22,205 | +40.0% |
| Other amounts receivable | 41 | - | €5,285 | +€5,285 | |
| Cash at bank and in hand | 54/58 | €211,226 | €67,868 | -€143,358 | -67.9% |
| Deferred charges and accrued income | 490/1 | €358 | €5,010 | +€4,652 | +1300.8% |
| Total equity and liabilities | 10/49 | €280,896 | €173,717 | -€107,179 | -38.2% |
| Equity | 10/15 | €20,460 | €23,257 | +€2,797 | +13.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €2,797 | +€2,797 | |
| Amounts payable | 17/49 | €260,436 | €150,459 | -€109,977 | -42.2% |
| Amounts payable within one year | 42/48 | €260,436 | €150,459 | -€109,977 | -42.2% |
| Trade debts | 44 | €1,043 | - | -€1,043 | |
| Suppliers | 440/4 | €1,043 | - | -€1,043 | |
| Taxes, remuneration and social security | 45 | €50,732 | €72,576 | +€21,843 | +43.1% |
| Taxes | 450/3 | €46,732 | €72,576 | +€25,843 | +55.3% |
| Remuneration and social security | 454/9 | €4,000 | - | -€4,000 | |
| Other amounts payable | 47/48 | €208,661 | €77,884 | -€130,778 | -62.7% |
| Non-recurring operating income | 76A | - | €479 | +€479 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,051 | €2,342 | +€291 | +14.2% |
| Other operating charges | 640/8 | €511 | €2,214 | +€1,702 | +333.0% |
| Gross operating margin | 9900 | €305,135 | €312,824 | +€7,688 | +2.5% |
| Operating profit (loss) | 9901 | €302,573 | €308,268 | +€5,695 | +1.9% |
| Financial income | 75/76B | €80,000 | €80,000 | = | 0.0% |
| Recurring financial income | 75 | €80,000 | €80,000 | = | 0.0% |
| Financial charges | 65/66B | €1,123 | €1,189 | +€66 | +5.9% |
| Recurring financial charges | 65 | €1,123 | €1,189 | +€66 | +5.9% |
| Profit (loss) for the period before taxes | 9903 | €381,451 | €387,079 | +€5,628 | +1.5% |
| Income taxes | 67/77 | €72,818 | €74,281 | +€1,463 | +2.0% |
| Profit (loss) for the period | 9904 | €308,632 | €312,797 | +€4,165 | +1.3% |
| Profit (loss) for the period to be appropriated | 9905 | €308,632 | €312,797 | +€4,165 | +1.3% |
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.