BYSIX: 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.
BYSIX
Largest movements
- Cash +€72,873
up €72,873 (+66.9%), from €108,964 to €181,836
mainly Net result for the year (+€113,949) and Other debts (+€35,858)
- Stocks and contracts +€21,525
new in 2025: €21,525
- Receivables within one year +€16,951
up €16,951 (+559.7%), from €3,029 to €19,980
of which Other amounts receivable: +€17,249
- Deferred charges and accrued income +€4,965
up €4,965 (+171.0%), from €2,903 to €7,868
- Reserves +€65,930
up €65,930 (+49.6%), from €132,797 to €198,727
- Other debts +€35,858
up €35,858 (+209.2%), from €17,143 to €53,001
- Tax, wage and social debts +€22,675
up €22,675 (+38.0%), from €59,631 to €82,305
of which Taxes: +€22,675
- Debts after one year -€5,078
down €5,078 (-59.0%), from €8,603 to €3,525
- Profit (loss) carried forward -€4,982
down €4,982 (-100.0%), from €4,982 to €0
- Gross operating margin +€27,164
up €27,164 (+14.7%), from €184,395 to €211,559
- Financial charges +€15,419
up €15,419 (+41.7%), from €37,012 to €52,431
- Other operating charges -€13,579
down €13,579 (-94.4%), from €14,378 to €799
- Taxes +€12,936
up €12,936 (+35.8%), from €36,142 to €49,079
- Financial income +€5,956
up €5,956 (+134.5%), from €4,429 to €10,385
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 | €298,545 | €413,929 | +€115,384 | +38.6% |
| Fixed assets | 21/28 | €20,133 | €19,203 | -€930 | -4.6% |
| Intangible fixed assets | 21 | €7,764 | €5,764 | -€2,000 | -25.8% |
| Tangible fixed assets | 22/27 | €7,868 | €8,938 | +€1,070 | +13.6% |
| Furniture and vehicles | 24 | €3,992 | €6,060 | +€2,069 | +51.8% |
| Other tangible fixed assets | 26 | €3,877 | €2,878 | -€999 | -25.8% |
| Financial fixed assets | 28 | €4,500 | €4,500 | = | 0.0% |
| Current assets | 29/58 | €278,412 | €394,726 | +€116,314 | +41.8% |
| Amounts receivable after more than one year | 29 | €163,517 | €163,517 | = | 0.0% |
| Other amounts receivable | 291 | €163,517 | €163,517 | = | 0.0% |
| Stocks and contracts in progress | 3 | - | €21,525 | +€21,525 | |
| Stocks | 30/36 | - | €21,525 | +€21,525 | |
| Amounts receivable within one year | 40/41 | €3,029 | €19,980 | +€16,951 | +559.7% |
| Trade receivables | 40 | €600 | €303 | -€298 | -49.6% |
| Other amounts receivable | 41 | €2,429 | €19,678 | +€17,249 | +710.2% |
| Cash at bank and in hand | 54/58 | €108,964 | €181,836 | +€72,873 | +66.9% |
| Deferred charges and accrued income | 490/1 | €2,903 | €7,868 | +€4,965 | +171.0% |
| Total equity and liabilities | 10/49 | €298,545 | €413,929 | +€115,384 | +38.6% |
| Equity | 10/15 | €157,778 | €218,727 | +€60,949 | +38.6% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €132,797 | €198,727 | +€65,930 | +49.6% |
| Distributable reserves | 133 | €132,797 | €198,727 | +€65,930 | +49.6% |
| Profit (loss) carried forward | 14 | €4,982 | €0 | -€4,982 | -100.0% |
| Amounts payable | 17/49 | €140,767 | €195,202 | +€54,435 | +38.7% |
| Amounts payable after more than one year | 17 | €8,603 | €3,525 | -€5,078 | -59.0% |
| Financial debts | 170/4 | €8,603 | €3,525 | -€5,078 | -59.0% |
| Amounts payable within one year | 42/48 | €131,663 | €191,676 | +€60,013 | +45.6% |
| Current portion of amounts payable after more than one year | 42 | €4,836 | €5,078 | +€242 | +5.0% |
| Financial debts | 43 | €40,637 | €41,172 | +€536 | +1.3% |
| Credit institutions | 430/8 | €40,000 | €40,000 | = | 0.0% |
| Other loans | 439 | €637 | €1,172 | +€536 | +84.1% |
| Trade debts | 44 | €9,417 | €10,120 | +€703 | +7.5% |
| Suppliers | 440/4 | €9,417 | €10,120 | +€703 | +7.5% |
| Taxes, remuneration and social security | 45 | €59,631 | €82,305 | +€22,675 | +38.0% |
| Taxes | 450/3 | €59,631 | €82,305 | +€22,675 | +38.0% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €17,143 | €53,001 | +€35,858 | +209.2% |
| Accrued charges and deferred income | 492/3 | €500 | €0 | -€500 | -100.0% |
| Remuneration, social security and pensions | 62 | €1,700 | €0 | -€1,700 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,078 | €5,686 | +€608 | +12.0% |
| Other operating charges | 640/8 | €14,378 | €799 | -€13,579 | -94.4% |
| Gross operating margin | 9900 | €184,395 | €211,559 | +€27,164 | +14.7% |
| Operating profit (loss) | 9901 | €163,240 | €205,074 | +€41,834 | +25.6% |
| Financial income | 75/76B | €4,429 | €10,385 | +€5,956 | +134.5% |
| Recurring financial income | 75 | €4,429 | €10,385 | +€5,956 | +134.5% |
| Financial charges | 65/66B | €37,012 | €52,431 | +€15,419 | +41.7% |
| Recurring financial charges | 65 | €37,012 | €52,431 | +€15,419 | +41.7% |
| Profit (loss) for the period before taxes | 9903 | €130,657 | €163,028 | +€32,371 | +24.8% |
| Income taxes | 67/77 | €36,142 | €49,079 | +€12,936 | +35.8% |
| Profit (loss) for the period | 9904 | €94,515 | €113,949 | +€19,434 | +20.6% |
| Profit (loss) for the period to be appropriated | 9905 | €94,515 | €113,949 | +€19,434 | +20.6% |
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 28 September 2026 via checked.be.