BYRON: 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.
BYRON
Largest movements
- Tangible fixed assets +€60,518
up €60,518 (+10.9%), from €556,626 to €617,144
of which Land and buildings: +€503,521
- Cash +€20,906
up €20,906 (+92.2%), from €22,682 to €43,588
mainly Debts after one year (+€68,323) and Depreciation (+€39,878)
- Debts after one year +€68,323
up €68,323 (+12.2%), from €557,853 to €626,175
of which Financial debts: +€68,323
- Trade debts -€21,177
down €21,177 (-25.9%), from €81,914 to €60,738
- Tax, wage and social debts +€13,371
up €13,371 (+2286.1%), from €585 to €13,956
of which Taxes: +€13,651
- Current portion of long-term debt +€9,638
up €9,638 (+107.5%), from €8,963 to €18,601
- Gross operating margin +€27,690
up €27,690 (+91.0%), from €30,440 to €58,130
- Depreciation +€23,854
up €23,854 (+148.9%), from €16,024 to €39,878
- Financial income -€3,800
down €3,800 (-95.5%), from €3,979 to €179
- Financial charges +€1,821
up €1,821 (+114.3%), from €1,594 to €3,414
- Other operating charges +€916
up €916 (+297.7%), from €308 to €1,224
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 | €680,592 | €755,356 | +€74,764 | +11.0% |
| Formation expenses | 20 | €1,778 | €935 | -€843 | -47.4% |
| Fixed assets | 21/28 | €556,977 | €617,381 | +€60,404 | +10.8% |
| Intangible fixed assets | 21 | €351 | €237 | -€114 | -32.4% |
| Tangible fixed assets | 22/27 | €556,626 | €617,144 | +€60,518 | +10.9% |
| Land and buildings | 22 | - | €503,521 | +€503,521 | |
| Plant, machinery and equipment | 23 | €16,264 | €10,494 | -€5,770 | -35.5% |
| Furniture and vehicles | 24 | - | €83,916 | +€83,916 | |
| Leasing and similar rights | 25 | €28,562 | €19,212 | -€9,350 | -32.7% |
| Assets under construction and advance payments | 27 | €511,799 | €0 | -€511,799 | -100.0% |
| Current assets | 29/58 | €121,837 | €137,041 | +€15,204 | +12.5% |
| Stocks and contracts in progress | 3 | €53,397 | €54,444 | +€1,046 | +2.0% |
| Stocks | 30/36 | €53,397 | €54,444 | +€1,046 | +2.0% |
| Amounts receivable within one year | 40/41 | €41,571 | €35,448 | -€6,123 | -14.7% |
| Trade receivables | 40 | €39,471 | €35,448 | -€4,023 | -10.2% |
| Other amounts receivable | 41 | €2,100 | €0 | -€2,100 | -100.0% |
| Cash at bank and in hand | 54/58 | €22,682 | €43,588 | +€20,906 | +92.2% |
| Deferred charges and accrued income | 490/1 | €4,186 | €3,561 | -€625 | -14.9% |
| Total equity and liabilities | 10/49 | €680,592 | €755,356 | +€74,764 | +11.0% |
| Equity | 10/15 | €27,396 | €32,235 | +€4,839 | +17.7% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€22,604 | -€17,765 | +€4,839 | +21.4% |
| Amounts payable | 17/49 | €653,196 | €723,121 | +€69,925 | +10.7% |
| Amounts payable after more than one year | 17 | €557,853 | €626,175 | +€68,323 | +12.2% |
| Financial debts | 170/4 | €20,853 | €89,175 | +€68,323 | +327.6% |
| Other amounts payable | 178/9 | €537,000 | €537,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €91,860 | €94,911 | +€3,050 | +3.3% |
| Current portion of amounts payable after more than one year | 42 | €8,963 | €18,601 | +€9,638 | +107.5% |
| Trade debts | 44 | €81,914 | €60,738 | -€21,177 | -25.9% |
| Suppliers | 440/4 | €81,914 | €60,738 | -€21,177 | -25.9% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €585 | €13,956 | +€13,371 | +2286.1% |
| Taxes | 450/3 | €14 | €13,664 | +€13,651 | +100967.8% |
| Remuneration and social security | 454/9 | €571 | €292 | -€280 | -48.9% |
| Other amounts payable | 47/48 | €398 | €1,616 | +€1,218 | +305.6% |
| Accrued charges and deferred income | 492/3 | €3,483 | €2,035 | -€1,448 | -41.6% |
| Remuneration, social security and pensions | 62 | €9,334 | €8,953 | -€381 | -4.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,024 | €39,878 | +€23,854 | +148.9% |
| Other operating charges | 640/8 | €308 | €1,224 | +€916 | +297.7% |
| Gross operating margin | 9900 | €30,440 | €58,130 | +€27,690 | +91.0% |
| Operating profit (loss) | 9901 | €4,774 | €8,075 | +€3,300 | +69.1% |
| Financial income | 75/76B | €3,979 | €179 | -€3,800 | -95.5% |
| Recurring financial income | 75 | €3,979 | €179 | -€3,800 | -95.5% |
| Financial charges | 65/66B | €1,594 | €3,414 | +€1,821 | +114.3% |
| Recurring financial charges | 65 | €1,594 | €3,414 | +€1,821 | +114.3% |
| Profit (loss) for the period before taxes | 9903 | €7,160 | €4,839 | -€2,320 | -32.4% |
| Profit (loss) for the period | 9904 | €7,160 | €4,839 | -€2,320 | -32.4% |
| Profit (loss) for the period to be appropriated | 9905 | €7,160 | €4,839 | -€2,320 | -32.4% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.