De Biestert: 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 Biestert
Largest movements
- Cash +€317,478
up €317,478 (+85.5%), from €371,188 to €688,667
mainly Net result for the year (+€288,934) and Tax, wage and social debts (+€50,707)
- Deferred charges and accrued income +€31,355
up €31,355 (+24.4%), from €128,245 to €159,600
- Reserves +€288,934
up €288,934 (+77.1%), from €374,840 to €663,774
- Tax, wage and social debts +€50,707
up €50,707 (+42.8%), from €118,556 to €169,263
of which Taxes: +€48,547
- Gross operating margin +€85,899
up €85,899 (+28.7%), from €299,217 to €385,116
- Taxes +€22,293
up €22,293 (+32.4%), from €68,895 to €91,188
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 | €510,930 | €853,222 | +€342,292 | +67.0% |
| Fixed assets | 21/28 | €9,113 | €4,955 | -€4,158 | -45.6% |
| Tangible fixed assets | 22/27 | €9,113 | €4,955 | -€4,158 | -45.6% |
| Furniture and vehicles | 24 | €9,113 | €4,955 | -€4,158 | -45.6% |
| Current assets | 29/58 | €501,817 | €848,267 | +€346,450 | +69.0% |
| Amounts receivable within one year | 40/41 | €2,384 | - | -€2,384 | |
| Trade receivables | 40 | €2,384 | - | -€2,384 | |
| Cash at bank and in hand | 54/58 | €371,188 | €688,667 | +€317,478 | +85.5% |
| Deferred charges and accrued income | 490/1 | €128,245 | €159,600 | +€31,355 | +24.4% |
| Total equity and liabilities | 10/49 | €510,930 | €853,222 | +€342,292 | +67.0% |
| Equity | 10/15 | €379,840 | €668,774 | +€288,934 | +76.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €374,840 | €663,774 | +€288,934 | +77.1% |
| Distributable reserves | 133 | €374,840 | €663,774 | +€288,934 | +77.1% |
| Amounts payable | 17/49 | €131,090 | €184,448 | +€53,358 | +40.7% |
| Amounts payable within one year | 42/48 | €131,090 | €181,676 | +€50,586 | +38.6% |
| Trade debts | 44 | €4,295 | €4,062 | -€233 | -5.4% |
| Suppliers | 440/4 | €4,295 | €4,062 | -€233 | -5.4% |
| Taxes, remuneration and social security | 45 | €118,556 | €169,263 | +€50,707 | +42.8% |
| Taxes | 450/3 | €114,236 | €162,783 | +€48,547 | +42.5% |
| Remuneration and social security | 454/9 | €4,320 | €6,480 | +€2,160 | +50.0% |
| Other amounts payable | 47/48 | €8,239 | €8,351 | +€112 | +1.4% |
| Accrued charges and deferred income | 492/3 | - | €2,772 | +€2,772 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,980 | €4,158 | +€1,177 | +39.5% |
| Other operating charges | 640/8 | €453 | €687 | +€234 | +51.5% |
| Gross operating margin | 9900 | €299,217 | €385,116 | +€85,899 | +28.7% |
| Operating profit (loss) | 9901 | €295,784 | €380,272 | +€84,488 | +28.6% |
| Financial charges | 65/66B | €130 | €150 | +€20 | +15.4% |
| Recurring financial charges | 65 | €130 | €150 | +€20 | +15.4% |
| Profit (loss) for the period before taxes | 9903 | €295,654 | €380,122 | +€84,468 | +28.6% |
| Income taxes | 67/77 | €68,895 | €91,188 | +€22,293 | +32.4% |
| Profit (loss) for the period | 9904 | €226,759 | €288,934 | +€62,175 | +27.4% |
| Profit (loss) for the period to be appropriated | 9905 | €226,759 | €288,934 | +€62,175 | +27.4% |
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.