DE BIE: 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.
DE BIE
Largest movements
- Current investments +€500,000
new in 2025: €500,000
- Cash -€112,834
down €112,834 (-47.5%), from €237,539 to €124,705
mainly Current investments (-€500,000) and Debts after one year (-€135,567)
- Tangible fixed assets -€79,968
down €79,968 (-69.0%), from €115,918 to €35,949
of which Land and buildings: -€67,862
- Receivables within one year -€37,899
down €37,899 (-38.7%), from €97,924 to €60,025
of which Other amounts receivable: -€24,676
- Reserves +€285,280
up €285,280 (+80.8%), from €352,972 to €638,253
- Debts after one year -€135,567
down €135,567 (-100.0%), from €135,567 to €0
- Profit (loss) carried forward +€83,056
up €83,056, from -€83,056 to €0
- Other debts +€37,481
up €37,481 (+210.5%), from €17,805 to €55,286
- Tax, wage and social debts +€19,682
up €19,682 (+6203.0%), from €317 to €20,000
of which Taxes: +€19,682
- Gross operating margin +€800,422
up €800,422, from -€86,656 to €713,766
- Taxes +€183,111
up €183,111 (+57707.2%), from €317 to €183,428
- Depreciation -€16,718
down €16,718 (-51.3%), from €32,574 to €15,856
- Other operating charges +€7,503
up €7,503 (+168.5%), from €4,453 to €11,957
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 | €451,381 | €720,680 | +€269,299 | +59.7% |
| Fixed assets | 21/28 | €115,918 | €35,949 | -€79,968 | -69.0% |
| Tangible fixed assets | 22/27 | €115,918 | €35,949 | -€79,968 | -69.0% |
| Land and buildings | 22 | €67,862 | €0 | -€67,862 | -100.0% |
| Plant, machinery and equipment | 23 | €17,480 | €16,391 | -€1,089 | -6.2% |
| Furniture and vehicles | 24 | €30,576 | €19,559 | -€11,017 | -36.0% |
| Current assets | 29/58 | €335,463 | €684,731 | +€349,268 | +104.1% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Stocks | 30/36 | €0 | - | = | |
| Contracts in progress | 37 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €97,924 | €60,025 | -€37,899 | -38.7% |
| Trade receivables | 40 | €69,172 | €55,949 | -€13,223 | -19.1% |
| Other amounts receivable | 41 | €28,752 | €4,076 | -€24,676 | -85.8% |
| Current investments | 50/53 | - | €500,000 | +€500,000 | |
| Cash at bank and in hand | 54/58 | €237,539 | €124,705 | -€112,834 | -47.5% |
| Total equity and liabilities | 10/49 | €451,381 | €720,680 | +€269,299 | +59.7% |
| Equity | 10/15 | €276,125 | €644,461 | +€368,336 | +133.4% |
| Contributions | 10/11 | €6,208 | €6,208 | = | 0.0% |
| Reserves | 13 | €352,972 | €638,253 | +€285,280 | +80.8% |
| Distributable reserves | 133 | €352,972 | €638,253 | +€285,280 | +80.8% |
| Profit (loss) carried forward | 14 | -€83,056 | €0 | +€83,056 | |
| Amounts payable | 17/49 | €175,256 | €76,220 | -€99,037 | -56.5% |
| Amounts payable after more than one year | 17 | €135,567 | €0 | -€135,567 | -100.0% |
| Financial debts | 170/4 | €135,567 | €0 | -€135,567 | -100.0% |
| Amounts payable within one year | 42/48 | €38,212 | €75,509 | +€37,296 | +97.6% |
| Current portion of amounts payable after more than one year | 42 | €14,184 | €0 | -€14,184 | -100.0% |
| Trade debts | 44 | €5,905 | €223 | -€5,683 | -96.2% |
| Suppliers | 440/4 | €5,905 | €223 | -€5,683 | -96.2% |
| Taxes, remuneration and social security | 45 | €317 | €20,000 | +€19,682 | +6203.0% |
| Taxes | 450/3 | €317 | €20,000 | +€19,682 | +6203.0% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €17,805 | €55,286 | +€37,481 | +210.5% |
| Accrued charges and deferred income | 492/3 | €1,477 | €711 | -€766 | -51.8% |
| Non-recurring operating income | 76A | - | €809,338 | +€809,338 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,574 | €15,856 | -€16,718 | -51.3% |
| Other operating charges | 640/8 | €4,453 | €11,957 | +€7,503 | +168.5% |
| Gross operating margin | 9900 | -€86,656 | €713,766 | +€800,422 | |
| Operating profit (loss) | 9901 | -€123,683 | €685,953 | +€809,636 | |
| Financial income | 75/76B | €348 | €572 | +€224 | +64.4% |
| Recurring financial income | 75 | €348 | €572 | +€224 | +64.4% |
| Financial charges | 65/66B | €3,572 | €3,464 | -€108 | -3.0% |
| Recurring financial charges | 65 | €3,572 | €3,464 | -€108 | -3.0% |
| Profit (loss) for the period before taxes | 9903 | -€126,907 | €683,061 | +€809,968 | |
| Income taxes | 67/77 | €317 | €183,428 | +€183,111 | +57707.2% |
| Profit (loss) for the period | 9904 | -€127,224 | €499,633 | +€626,858 | |
| Profit (loss) for the period to be appropriated | 9905 | -€127,224 | €499,633 | +€626,858 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.