DE BIERNOOT: 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 BIERNOOT
Largest movements
- Cash -€36,740
down €36,740 (-17.6%), from €208,606 to €171,866
mainly Other debts (-€19,816) and Net result for the year (-€10,975)
- Other debts -€19,816
down €19,816 (-31.0%), from €63,907 to €44,091
- Reserves -€10,975
down €10,975 (-8.2%), from €133,130 to €122,155
of which Distributable reserves: -€10,975
- Trade debts -€2,493
down €2,493 (-55.4%), from €4,503 to €2,009
- Gross operating margin -€5,111
down €5,111 (-368%), from -€1,389 to -€6,501
- Other operating charges -€775
down €775 (-16.5%), from €4,684 to €3,909
- Financial charges -€311
down €311 (-64.5%), from €482 to €171
- Depreciation +€195
new in 2025: €195
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 | €209,726 | €174,959 | -€34,767 | -16.6% |
| Fixed assets | 21/28 | €74 | €1,837 | +€1,763 | +2,370% |
| Tangible fixed assets | 22/27 | - | €863 | +€863 | |
| Plant, machinery and equipment | 23 | - | €863 | +€863 | |
| Financial fixed assets | 28 | €74 | €974 | +€900 | +1,210% |
| Current assets | 29/58 | €209,651 | €173,122 | -€36,529 | -17.4% |
| Cash at bank and in hand | 54/58 | €208,606 | €171,866 | -€36,740 | -17.6% |
| Deferred charges and accrued income | 490/1 | €1,045 | €1,256 | +€210 | +20.1% |
| Total equity and liabilities | 10/49 | €209,726 | €174,959 | -€34,767 | -16.6% |
| Equity | 10/15 | €139,327 | €128,353 | -€10,975 | -7.9% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €133,130 | €122,155 | -€10,975 | -8.2% |
| Non-distributable reserves | 130/1 | €418 | €418 | = | 0.0% |
| Reserves not available under the articles | 1311 | €418 | €418 | = | 0.0% |
| Distributable reserves | 133 | €132,712 | €121,737 | -€10,975 | -8.3% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €70,398 | €46,606 | -€23,792 | -33.8% |
| Amounts payable within one year | 42/48 | €70,398 | €46,606 | -€23,792 | -33.8% |
| Trade debts | 44 | €4,503 | €2,009 | -€2,493 | -55.4% |
| Suppliers | 440/4 | €4,503 | €2,009 | -€2,493 | -55.4% |
| Taxes, remuneration and social security | 45 | €1,989 | €506 | -€1,483 | -74.6% |
| Taxes | 450/3 | €1,989 | €506 | -€1,483 | -74.6% |
| Other amounts payable | 47/48 | €63,907 | €44,091 | -€19,816 | -31.0% |
| Remuneration, social security and pensions | 62 | €227 | €232 | +€5 | +2.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €195 | +€195 | |
| Other operating charges | 640/8 | €4,684 | €3,909 | -€775 | -16.5% |
| Gross operating margin | 9900 | -€1,389 | -€6,501 | -€5,111 | -368% |
| Operating profit (loss) | 9901 | -€6,300 | -€10,836 | -€4,536 | -72.0% |
| Financial income | 75/76B | €39 | €33 | -€7 | -17.3% |
| Recurring financial income | 75 | €39 | €33 | -€7 | -17.3% |
| Financial charges | 65/66B | €482 | €171 | -€311 | -64.5% |
| Recurring financial charges | 65 | €482 | €171 | -€311 | -64.5% |
| Profit (loss) for the period before taxes | 9903 | -€6,743 | -€10,975 | -€4,232 | -62.8% |
| Profit (loss) for the period | 9904 | -€6,743 | -€10,975 | -€4,232 | -62.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,743 | -€10,975 | -€4,232 | -62.8% |
Source: filed annual accounts (NBB), financial 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 October 2026 via checked.be.