DE BIE BART: 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.
DE BIE BART
Largest movements
- Tangible fixed assets -€42,521
down €42,521 (-3.4%), from €1.3m to €1.2m
of which Furniture and vehicles: -€33,342
- Accrued charges and deferred income -€31,214
no longer reported in 2025 (was €31,214)
- Current portion of long-term debt -€20,900
down €20,900 (-34.7%), from €60,210 to €39,310
- Tax, wage and social debts -€20,416
down €20,416 (-96.7%), from €21,111 to €695
- Reserves +€14,112
up €14,112 (+8.4%), from €167,220 to €181,332
of which Distributable reserves: +€24,032
- Trade debts +€13,636
up €13,636 (+2897.4%), from €471 to €14,106
- Other operating charges -€18,226
down €18,226 (-85.1%), from €21,411 to €3,184
- Financial income +€9,886
up €9,886 (+628.6%), from €1,573 to €11,459
- Taxes +€6,861
up €6,861 (+137.6%), from €4,986 to €11,848
- Depreciation +€3,561
up €3,561 (+4.4%), from €80,339 to €83,900
- Financial charges -€3,394
down €3,394 (-9.8%), from €34,744 to €31,349
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 | €1,349,845 | €1,298,236 | -€51,608 | -3.8% |
| Fixed assets | 21/28 | €1,261,722 | €1,219,201 | -€42,521 | -3.4% |
| Tangible fixed assets | 22/27 | €1,261,722 | €1,219,201 | -€42,521 | -3.4% |
| Land and buildings | 22 | €1,169,241 | €1,158,051 | -€11,191 | -1.0% |
| Plant, machinery and equipment | 23 | €6,679 | €8,691 | +€2,012 | +30.1% |
| Furniture and vehicles | 24 | €85,802 | €52,460 | -€33,342 | -38.9% |
| Current assets | 29/58 | €88,122 | €79,035 | -€9,087 | -10.3% |
| Amounts receivable within one year | 40/41 | €73,750 | €61,130 | -€12,620 | -17.1% |
| Trade receivables | 40 | €23,151 | €27,892 | +€4,741 | +20.5% |
| Other amounts receivable | 41 | €50,599 | €33,238 | -€17,361 | -34.3% |
| Cash at bank and in hand | 54/58 | €5,561 | €10,310 | +€4,749 | +85.4% |
| Deferred charges and accrued income | 490/1 | €8,812 | €7,595 | -€1,217 | -13.8% |
| Total equity and liabilities | 10/49 | €1,349,845 | €1,298,236 | -€51,608 | -3.8% |
| Equity | 10/15 | €805,712 | €819,823 | +€14,112 | +1.8% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €167,220 | €181,332 | +€14,112 | +8.4% |
| Non-distributable reserves | 130/1 | €9,920 | - | -€9,920 | |
| Reserves not available under the articles | 1311 | €9,920 | - | -€9,920 | |
| Distributable reserves | 133 | €157,300 | €181,332 | +€24,032 | +15.3% |
| Profit (loss) carried forward | 14 | €618,492 | €618,492 | = | 0.0% |
| Amounts payable | 17/49 | €544,133 | €478,413 | -€65,720 | -12.1% |
| Amounts payable after more than one year | 17 | €421,511 | €415,885 | -€5,626 | -1.3% |
| Financial debts | 170/4 | €421,511 | €415,885 | -€5,626 | -1.3% |
| Amounts payable within one year | 42/48 | €91,408 | €62,528 | -€28,880 | -31.6% |
| Current portion of amounts payable after more than one year | 42 | €60,210 | €39,310 | -€20,900 | -34.7% |
| Financial debts | 43 | - | €8,417 | +€8,417 | |
| Other loans | 439 | - | €8,417 | +€8,417 | |
| Trade debts | 44 | €471 | €14,106 | +€13,636 | +2897.4% |
| Suppliers | 440/4 | €471 | €14,106 | +€13,636 | +2897.4% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €21,111 | €695 | -€20,416 | -96.7% |
| Taxes | 450/3 | €21,111 | €695 | -€20,416 | -96.7% |
| Other amounts payable | 47/48 | €9,617 | - | -€9,617 | |
| Accrued charges and deferred income | 492/3 | €31,214 | - | -€31,214 | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €80,339 | €83,900 | +€3,561 | +4.4% |
| Other operating charges | 640/8 | €21,411 | €3,184 | -€18,226 | -85.1% |
| Gross operating margin | 9900 | €130,362 | €132,933 | +€2,572 | +2.0% |
| Operating profit (loss) | 9901 | €28,612 | €45,850 | +€17,237 | +60.2% |
| Financial income | 75/76B | €1,573 | €11,459 | +€9,886 | +628.6% |
| Recurring financial income | 75 | €1,573 | €11,459 | +€9,886 | +628.6% |
| Financial charges | 65/66B | €34,744 | €31,349 | -€3,394 | -9.8% |
| Recurring financial charges | 65 | €34,744 | €31,349 | -€3,394 | -9.8% |
| Profit (loss) for the period before taxes | 9903 | -€4,559 | €25,959 | +€30,518 | |
| Income taxes | 67/77 | €4,986 | €11,848 | +€6,861 | +137.6% |
| Profit (loss) for the period | 9904 | -€9,545 | €14,112 | +€23,656 | |
| Profit (loss) for the period to be appropriated | 9905 | -€9,545 | €14,112 | +€23,656 |
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 2 October 2026 via checked.be.