PIBIOC: 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.
PIBIOC
Largest movements
No asset line moved by more than 1% of the balance sheet total.
- Current portion of long-term debt -€3.0m
no longer reported in 2025 (was €3.0m)
- Debts after one year +€3.0m
new in 2025: €3.0m
- Financial income -€2.9m
down €2.9m (-100.0%), from €2.9m to €0
- Financial charges -€59,489
down €59,489 (-35.3%), from €168,474 to €108,985
- Services and other goods +€59,073
up €59,073 (+219.4%), from €26,923 to €85,996
- Turnover +€21,000
up €21,000 (+17.5%), from €120,000 to €141,000
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 | €21,183,403 | €21,123,405 | -€59,998 | -0.3% |
| Fixed assets | 21/28 | €21,000,000 | €21,000,000 | = | 0.0% |
| Financial fixed assets | 28 | €21,000,000 | €21,000,000 | = | 0.0% |
| Affiliated companies | 280/1 | €21,000,000 | €21,000,000 | = | 0.0% |
| Participating interests | 280 | €21,000,000 | €21,000,000 | = | 0.0% |
| Current assets | 29/58 | €183,403 | €123,405 | -€59,998 | -32.7% |
| Cash at bank and in hand | 54/58 | €183,403 | €123,405 | -€59,998 | -32.7% |
| Total equity and liabilities | 10/49 | €21,183,403 | €21,123,405 | -€59,998 | -0.3% |
| Equity | 10/15 | €18,120,435 | €18,065,312 | -€55,123 | -0.3% |
| Contributions | 10/11 | €8,000,000 | €8,000,000 | = | 0.0% |
| Reserves | 13 | €10,120,435 | €10,065,312 | -€55,123 | -0.5% |
| Distributable reserves | 133 | €10,120,435 | €10,065,312 | -€55,123 | -0.5% |
| Amounts payable | 17/49 | €3,062,968 | €3,058,093 | -€4,875 | -0.2% |
| Amounts payable after more than one year | 17 | - | €2,985,000 | +€3.0m | |
| Financial debts | 170/4 | - | €2,985,000 | +€3.0m | |
| Other loans | 174 | - | €2,985,000 | +€3.0m | |
| Amounts payable within one year | 42/48 | €3,007,871 | €16,231 | -€3.0m | -99.5% |
| Current portion of amounts payable after more than one year | 42 | €3,000,000 | - | -€3.0m | |
| Trade debts | 44 | €3,057 | €15,176 | +€12,119 | +396.4% |
| Suppliers | 440/4 | €3,057 | €15,176 | +€12,119 | +396.4% |
| Taxes, remuneration and social security | 45 | €4,814 | €683 | -€4,131 | -85.8% |
| Taxes | 450/3 | €4,814 | €683 | -€4,131 | -85.8% |
| Other amounts payable | 47/48 | - | €372 | +€372 | |
| Accrued charges and deferred income | 492/3 | €55,097 | €56,862 | +€1,765 | +3.2% |
| Operating income | 70/76A | €120,000 | €141,000 | +€21,000 | +17.5% |
| Turnover | 70 | €120,000 | €141,000 | +€21,000 | +17.5% |
| Operating charges | 60/66A | €28,031 | €87,138 | +€59,108 | +210.9% |
| Services and other goods | 61 | €26,923 | €85,996 | +€59,073 | +219.4% |
| Other operating charges | 640/8 | €1,108 | €1,143 | +€35 | +3.1% |
| Operating profit (loss) | 9901 | €91,969 | €53,862 | -€38,108 | -41.4% |
| Financial income | 75/76B | €2,900,000 | €0 | -€2.9m | -100.0% |
| Recurring financial income | 75 | €2,900,000 | €0 | -€2.9m | -100.0% |
| Income from financial fixed assets | 750 | €2,900,000 | - | -€2.9m | |
| Other financial income | 752/9 | - | €0 | +€0 | |
| Financial charges | 65/66B | €168,474 | €108,985 | -€59,489 | -35.3% |
| Recurring financial charges | 65 | €168,474 | €108,985 | -€59,489 | -35.3% |
| Debt charges | 650 | €167,208 | €107,980 | -€59,228 | -35.4% |
| Other financial charges | 652/9 | €1,266 | €1,005 | -€261 | -20.6% |
| Profit (loss) for the period before taxes | 9903 | €2,823,495 | -€55,123 | -€2.9m | |
| Profit (loss) for the period | 9904 | €2,823,495 | -€55,123 | -€2.9m | |
| Profit (loss) for the period to be appropriated | 9905 | €2,823,495 | -€55,123 | -€2.9m |
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 11 October 2026 via checked.be.