BYLIV: what changed
Two financial 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.
BYLIV
Largest movements
- Stocks and contracts -€99,741
down €99,741 (-29.9%), from €333,232 to €233,491
- Tangible fixed assets -€41,239
down €41,239 (-44.8%), from €92,000 to €50,761
of which Plant, machinery and equipment: -€35,380
- Receivables within one year -€28,583
down €28,583 (-95.6%), from €29,910 to €1,327
of which Trade receivables: -€24,030
- Cash +€15,171
up €15,171 (+49.9%), from €30,426 to €45,598
mainly Stocks and contracts (+€99,741) and Short-term financial debts (+€50,000)
- Profit (loss) carried forward -€126,629
down €126,629 (-273%), from -€46,357 to -€172,985
- Other debts -€53,406
down €53,406 (-17.5%), from €304,322 to €250,915
- Short-term financial debts +€50,000
new in 2025: €50,000
- Trade debts -€11,923
down €11,923 (-68.6%), from €17,384 to €5,461
- Debts after one year -€9,857
down €9,857 (-14.8%), from €66,545 to €56,688
- Gross operating margin -€162,780
down €162,780, from €114,334 to -€48,447
- Depreciation -€26,364
down €26,364 (-73.6%), from €35,810 to €9,446
- Financial charges -€14,131
down €14,131 (-54.5%), from €25,945 to €11,814
- Taxes +€5,720
up €5,720 (+16,282%), from €35 to €5,755
- Staff costs -€4,731
down €4,731 (-9.1%), from €51,989 to €47,258
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.
Derived cash bridge
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 | €492,001 | €338,557 | -€153,444 | -31.2% |
| Fixed assets | 21/28 | €92,000 | €50,761 | -€41,239 | -44.8% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €92,000 | €50,761 | -€41,239 | -44.8% |
| Plant, machinery and equipment | 23 | €54,697 | €19,317 | -€35,380 | -64.7% |
| Furniture and vehicles | 24 | €1,382 | €296 | -€1,085 | -78.6% |
| Other tangible fixed assets | 26 | €35,921 | €31,148 | -€4,773 | -13.3% |
| Current assets | 29/58 | €400,002 | €287,796 | -€112,206 | -28.1% |
| Stocks and contracts in progress | 3 | €333,232 | €233,491 | -€99,741 | -29.9% |
| Stocks | 30/36 | €333,232 | €233,491 | -€99,741 | -29.9% |
| Amounts receivable within one year | 40/41 | €29,910 | €1,327 | -€28,583 | -95.6% |
| Trade receivables | 40 | €24,853 | €822 | -€24,030 | -96.7% |
| Other amounts receivable | 41 | €5,057 | €504 | -€4,553 | -90.0% |
| Cash at bank and in hand | 54/58 | €30,426 | €45,598 | +€15,171 | +49.9% |
| Deferred charges and accrued income | 490/1 | €6,433 | €7,380 | +€947 | +14.7% |
| Total equity and liabilities | 10/49 | €492,001 | €338,557 | -€153,444 | -31.2% |
| Equity | 10/15 | €56,456 | -€70,173 | -€126,629 | |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €2,813 | €2,813 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,813 | €2,813 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,813 | €2,813 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€46,357 | -€172,985 | -€126,629 | -273% |
| Amounts payable | 17/49 | €435,545 | €408,729 | -€26,816 | -6.2% |
| Amounts payable after more than one year | 17 | €66,545 | €56,688 | -€9,857 | -14.8% |
| Financial debts | 170/4 | €66,545 | €56,688 | -€9,857 | -14.8% |
| Amounts payable within one year | 42/48 | €369,000 | €352,041 | -€16,959 | -4.6% |
| Current portion of amounts payable after more than one year | 42 | €9,723 | €9,857 | +€134 | +1.4% |
| Financial debts | 43 | - | €50,000 | +€50,000 | |
| Credit institutions | 430/8 | - | €50,000 | +€50,000 | |
| Trade debts | 44 | €17,384 | €5,461 | -€11,923 | -68.6% |
| Suppliers | 440/4 | €17,384 | €5,461 | -€11,923 | -68.6% |
| Advances received on contracts in progress | 46 | - | €2,977 | +€2,977 | |
| Taxes, remuneration and social security | 45 | €37,572 | €32,831 | -€4,741 | -12.6% |
| Taxes | 450/3 | €33,900 | €30,266 | -€3,634 | -10.7% |
| Remuneration and social security | 454/9 | €3,672 | €2,565 | -€1,107 | -30.2% |
| Other amounts payable | 47/48 | €304,322 | €250,915 | -€53,406 | -17.5% |
| Remuneration, social security and pensions | 62 | €51,989 | €47,258 | -€4,731 | -9.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,810 | €9,446 | -€26,364 | -73.6% |
| Other operating charges | 640/8 | €1,633 | €5,628 | +€3,995 | +245% |
| Gross operating margin | 9900 | €114,334 | -€48,447 | -€162,780 | |
| Operating profit (loss) | 9901 | €24,902 | -€110,778 | -€135,680 | |
| Financial income | 75/76B | €2,419 | €1,718 | -€701 | -29.0% |
| Recurring financial income | 75 | €2,419 | €1,718 | -€701 | -29.0% |
| Financial charges | 65/66B | €25,945 | €11,814 | -€14,131 | -54.5% |
| Recurring financial charges | 65 | €25,945 | €11,814 | -€14,131 | -54.5% |
| Profit (loss) for the period before taxes | 9903 | €1,376 | -€120,874 | -€122,250 | |
| Income taxes | 67/77 | €35 | €5,755 | +€5,720 | +16,282% |
| Profit (loss) for the period | 9904 | €1,341 | -€126,629 | -€127,970 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,341 | -€126,629 | -€127,970 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.