'T BIEKE: 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.
'T BIEKE
Largest movements
- Receivables within one year -€24,580
down €24,580 (-19.0%), from €129,271 to €104,692
of which Trade receivables: -€21,691
- Cash +€20,953
up €20,953 (+16.9%), from €124,023 to €144,976
mainly Net result for the year (+€55,775) and Receivables within one year (+€24,580)
- Tangible fixed assets -€5,460
down €5,460 (-22.0%), from €24,853 to €19,393
- Reserves +€39,630
up €39,630 (+20.3%), from €195,518 to €235,148
of which Distributable reserves: +€39,905
- Tax, wage and social debts -€20,917
down €20,917 (-63.8%), from €32,808 to €11,891
- Trade debts -€20,743
down €20,743 (-82.3%), from €25,190 to €4,447
- Debts after one year -€8,859
down €8,859 (-62.6%), from €14,151 to €5,291
- Taxes -€6,743
down €6,743 (-20.1%), from €33,588 to €26,844
- Depreciation +€993
up €993 (+10.5%), from €9,433 to €10,426
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 | €282,649 | €271,928 | -€10,721 | -3.8% |
| Fixed assets | 21/28 | €27,282 | €21,822 | -€5,460 | -20.0% |
| Tangible fixed assets | 22/27 | €24,853 | €19,393 | -€5,460 | -22.0% |
| Furniture and vehicles | 24 | €24,853 | €19,393 | -€5,460 | -22.0% |
| Financial fixed assets | 28 | €2,429 | €2,429 | = | 0.0% |
| Current assets | 29/58 | €255,367 | €250,106 | -€5,261 | -2.1% |
| Amounts receivable within one year | 40/41 | €129,271 | €104,692 | -€24,580 | -19.0% |
| Trade receivables | 40 | €51,015 | €29,324 | -€21,691 | -42.5% |
| Other amounts receivable | 41 | €78,256 | €75,368 | -€2,889 | -3.7% |
| Cash at bank and in hand | 54/58 | €124,023 | €144,976 | +€20,953 | +16.9% |
| Deferred charges and accrued income | 490/1 | €2,073 | €438 | -€1,635 | -78.8% |
| Total equity and liabilities | 10/49 | €282,649 | €271,928 | -€10,721 | -3.8% |
| Equity | 10/15 | €201,718 | €241,348 | +€39,630 | +19.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €195,518 | €235,148 | +€39,630 | +20.3% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €824 | €549 | -€275 | -33.4% |
| Distributable reserves | 133 | €192,834 | €232,739 | +€39,905 | +20.7% |
| Provisions and deferred taxes | 16 | €183 | €91 | -€92 | -50.1% |
| Deferred taxes | 168 | €183 | €91 | -€92 | -50.1% |
| Amounts payable | 17/49 | €80,748 | €30,489 | -€50,259 | -62.2% |
| Amounts payable after more than one year | 17 | €14,151 | €5,291 | -€8,859 | -62.6% |
| Financial debts | 170/4 | €14,151 | €5,291 | -€8,859 | -62.6% |
| Amounts payable within one year | 42/48 | €66,597 | €25,197 | -€41,400 | -62.2% |
| Current portion of amounts payable after more than one year | 42 | €8,599 | €8,859 | +€261 | +3.0% |
| Trade debts | 44 | €25,190 | €4,447 | -€20,743 | -82.3% |
| Suppliers | 440/4 | €25,190 | €4,447 | -€20,743 | -82.3% |
| Taxes, remuneration and social security | 45 | €32,808 | €11,891 | -€20,917 | -63.8% |
| Taxes | 450/3 | €32,808 | €11,891 | -€20,917 | -63.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,433 | €10,426 | +€993 | +10.5% |
| Other operating charges | 640/8 | €827 | €1,418 | +€592 | +71.6% |
| Gross operating margin | 9900 | €91,441 | €90,799 | -€641 | -0.7% |
| Operating profit (loss) | 9901 | €81,181 | €78,955 | -€2,227 | -2.7% |
| Financial income | 75/76B | €4,649 | €4,245 | -€403 | -8.7% |
| Recurring financial income | 75 | €4,649 | €4,245 | -€403 | -8.7% |
| Financial charges | 65/66B | €975 | €673 | -€302 | -31.0% |
| Recurring financial charges | 65 | €975 | €673 | -€302 | -31.0% |
| Profit (loss) for the period before taxes | 9903 | €84,855 | €82,527 | -€2,328 | -2.7% |
| Transfer from deferred taxes | 780 | €92 | €92 | = | 0.0% |
| Income taxes | 67/77 | €33,588 | €26,844 | -€6,743 | -20.1% |
| Profit (loss) for the period | 9904 | €51,359 | €55,775 | +€4,415 | +8.6% |
| Transfer from tax-exempt reserves | 789 | €275 | €275 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €51,635 | €56,050 | +€4,415 | +8.6% |
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 7 October 2026 via checked.be.