GROEP BIELEN: what changed
GROEP BIELEN
Largest movements
- Cash -€55,594
down €55,594 (-57.7%), from €96,294 to €40,700
mainly Contributions, distributions and other (-€89,747) and Debts after one year (-€69,655)
- Tangible fixed assets -€39,544
down €39,544 (-14.8%), from €266,835 to €227,291
of which Land and buildings: -€20,073
- Receivables within one year +€18,929
up €18,929 (+12.9%), from €146,233 to €165,162
of which Other amounts receivable: +€18,914
- Debts after one year -€69,655
down €69,655 (-18.8%), from €370,309 to €300,653
of which Other amounts payable: -€35,500
- Other debts +€20,120
up €20,120 (+126%), from €15,942 to €36,062
- Tax, wage and social debts -€15,057
down €15,057 (-28.7%), from €52,408 to €37,351
- Depreciation -€4,073
down €4,073 (-9.3%), from €43,618 to €39,544
- Gross operating margin +€2,753
up €2,753 (+2.4%), from €115,855 to €118,608
- Taxes +€2,695
up €2,695 (+16.2%), from €16,616 to €19,311
- Financial charges -€2,482
down €2,482 (-34.6%), from €7,164 to €4,682
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,272,384 | €1,196,174 | -€76,210 | -6.0% |
| Fixed assets | 21/28 | €1,029,857 | €990,313 | -€39,544 | -3.8% |
| Tangible fixed assets | 22/27 | €266,835 | €227,291 | -€39,544 | -14.8% |
| Land and buildings | 22 | €134,771 | €114,699 | -€20,073 | -14.9% |
| Plant, machinery and equipment | 23 | €132,064 | €112,592 | -€19,472 | -14.7% |
| Financial fixed assets | 28 | €763,022 | €763,022 | = | 0.0% |
| Current assets | 29/58 | €242,528 | €205,862 | -€36,666 | -15.1% |
| Amounts receivable within one year | 40/41 | €146,233 | €165,162 | +€18,929 | +12.9% |
| Trade receivables | 40 | €8,111 | €8,126 | +€15 | +0.2% |
| Other amounts receivable | 41 | €138,122 | €157,036 | +€18,914 | +13.7% |
| Cash at bank and in hand | 54/58 | €96,294 | €40,700 | -€55,594 | -57.7% |
| Total equity and liabilities | 10/49 | €1,272,384 | €1,196,174 | -€76,210 | -6.0% |
| Equity | 10/15 | €729,798 | €729,773 | -€24 | 0.0% |
| Contributions | 10/11 | €425,000 | €425,000 | = | 0.0% |
| Capital | 10 | €425,000 | €425,000 | = | 0.0% |
| Issued capital | 100 | €425,000 | €425,000 | = | 0.0% |
| Reserves | 13 | €304,798 | €304,773 | -€24 | 0.0% |
| Non-distributable reserves | 130/1 | €42,500 | €42,500 | = | 0.0% |
| Legal reserve | 130 | €42,500 | €42,500 | = | 0.0% |
| Tax-exempt reserves | 132 | €75,528 | €65,322 | -€10,206 | -13.5% |
| Distributable reserves | 133 | €186,769 | €196,951 | +€10,182 | +5.5% |
| Provisions and deferred taxes | 16 | €25,176 | €21,774 | -€3,402 | -13.5% |
| Deferred taxes | 168 | €25,176 | €21,774 | -€3,402 | -13.5% |
| Amounts payable | 17/49 | €517,411 | €444,627 | -€72,784 | -14.1% |
| Amounts payable after more than one year | 17 | €370,309 | €300,653 | -€69,655 | -18.8% |
| Financial debts | 170/4 | €84,559 | €50,404 | -€34,155 | -40.4% |
| Other amounts payable | 178/9 | €285,750 | €250,250 | -€35,500 | -12.4% |
| Amounts payable within one year | 42/48 | €147,102 | €143,973 | -€3,129 | -2.1% |
| Current portion of amounts payable after more than one year | 42 | €53,786 | €54,155 | +€369 | +0.7% |
| Trade debts | 44 | €9,467 | €905 | -€8,561 | -90.4% |
| Suppliers | 440/4 | €9,467 | €905 | -€8,561 | -90.4% |
| Advances received on contracts in progress | 46 | €15,500 | €15,500 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €52,408 | €37,351 | -€15,057 | -28.7% |
| Taxes | 450/3 | €52,408 | €37,351 | -€15,057 | -28.7% |
| Other amounts payable | 47/48 | €15,942 | €36,062 | +€20,120 | +126% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €43,618 | €39,544 | -€4,073 | -9.3% |
| Other operating charges | 640/8 | €18,603 | €18,749 | +€146 | +0.8% |
| Gross operating margin | 9900 | €115,855 | €118,608 | +€2,753 | +2.4% |
| Operating profit (loss) | 9901 | €53,634 | €60,314 | +€6,680 | +12.5% |
| Financial income | 75/76B | €50,000 | €50,000 | = | 0.0% |
| Recurring financial income | 75 | €50,000 | €50,000 | = | 0.0% |
| Financial charges | 65/66B | €7,164 | €4,682 | -€2,482 | -34.6% |
| Recurring financial charges | 65 | €7,164 | €4,682 | -€2,482 | -34.6% |
| Profit (loss) for the period before taxes | 9903 | €96,470 | €105,632 | +€9,162 | +9.5% |
| Transfer from deferred taxes | 780 | €3,402 | €3,402 | = | 0.0% |
| Income taxes | 67/77 | €16,616 | €19,311 | +€2,695 | +16.2% |
| Profit (loss) for the period | 9904 | €83,256 | €89,723 | +€6,467 | +7.8% |
| Transfer from tax-exempt reserves | 789 | €10,206 | €10,206 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €93,462 | €99,929 | +€6,467 | +6.9% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.