03BEHEER: 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.
What changed
03BEHEER
NACE 68.310, Real estate agency activities
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€164,141
2024 · €199,792-€35,651
Equity
€570,438
2024 · €406,297+€164,141
Cash
€71,150
2024 · €77,489-€6,339
Balance sheet total
€1.3m
2024 · €1.4m-€128,343
Largest movements
Assets
- Intangible fixed assets -€177,567
down €177,567 (-16.5%), from €1.1m to €901,836
- Receivables within one year +€52,700
up €52,700 (+126.3%), from €41,742 to €94,441
of which Other amounts receivable: +€47,073
Equity and liabilities
- Debts after one year -€174,172
down €174,172 (-36.0%), from €484,463 to €310,291
- Reserves +€164,141
up €164,141 (+105.0%), from €156,297 to €320,438
of which Distributable reserves: +€164,141
- Other debts -€107,597
down €107,597 (-100.0%), from €107,597 to €0
- Accrued charges and deferred income -€14,465
down €14,465 (-100.0%), from €14,465 to €0
Income statement
- Gross operating margin -€144,636
down €144,636 (-6.7%), from €2.2m to €2.0m
- Staff costs -€79,518
down €79,518 (-4.9%), from €1.6m to €1.5m
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.
Result 2024
€199,792
Gross operating margin
-€144,636
Staff costs
+€79,518
Depreciation
+€15,535
Other operating charges
+€12,654
Financial income
+€29
Financial charges
+€5,909
Taxes
-€4,661
Result 2025
€164,141
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.
From operations
+€181,000
Investment
-€16,659
Financing
-€170,680
Cash 2024
€77,489
From operations (derived)
+€181,000
Net result for the year
+€164,141
Depreciation
+€201,673
Receivables after one year
-€3,182
Receivables within one year
-€52,700
Deferred charges and accrued income
-€7,127
Trade debts
+€5,316
Tax, wage and social debts
-€5,059
Other debts
-€107,597
Accrued charges and deferred income
-€14,465
Investment (derived)
-€16,659
Investment in fixed assets (net)
-€16,659
Financing
-€170,680
Debts after one year
-€174,172
Current portion of long-term debt
+€2,430
Short-term financial debts
+€1,062
Cash 2025
€71,150
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,428,718 | €1,300,375 | -€128,343 | -9.0% |
| Fixed assets | 21/28 | €1,226,263 | €1,041,250 | -€185,014 | -15.1% |
| Intangible fixed assets | 21 | €1,079,402 | €901,836 | -€177,567 | -16.5% |
| Tangible fixed assets | 22/27 | €120,465 | €113,018 | -€7,447 | -6.2% |
| Plant, machinery and equipment | 23 | €14,561 | €10,997 | -€3,563 | -24.5% |
| Furniture and vehicles | 24 | €22,194 | €31,187 | +€8,993 | +40.5% |
| Other tangible fixed assets | 26 | €83,711 | €70,834 | -€12,877 | -15.4% |
| Financial fixed assets | 28 | €26,396 | €26,396 | = | 0.0% |
| Current assets | 29/58 | €202,455 | €259,125 | +€56,671 | +28.0% |
| Amounts receivable after more than one year | 29 | €50,000 | €53,182 | +€3,182 | +6.4% |
| Other amounts receivable | 291 | €50,000 | €53,182 | +€3,182 | +6.4% |
| Amounts receivable within one year | 40/41 | €41,742 | €94,441 | +€52,700 | +126.3% |
| Trade receivables | 40 | €3,884 | €9,511 | +€5,627 | +144.9% |
| Other amounts receivable | 41 | €37,857 | €84,930 | +€47,073 | +124.3% |
| Cash at bank and in hand | 54/58 | €77,489 | €71,150 | -€6,339 | -8.2% |
| Deferred charges and accrued income | 490/1 | €33,224 | €40,352 | +€7,127 | +21.5% |
| Total equity and liabilities | 10/49 | €1,428,718 | €1,300,375 | -€128,343 | -9.0% |
| Equity | 10/15 | €406,297 | €570,438 | +€164,141 | +40.4% |
| Contributions | 10/11 | €250,000 | €250,000 | = | 0.0% |
| Capital | 10 | €250,000 | €250,000 | = | 0.0% |
| Issued capital | 100 | €250,000 | €250,000 | = | 0.0% |
| Reserves | 13 | €156,297 | €320,438 | +€164,141 | +105.0% |
| Non-distributable reserves | 130/1 | €25,000 | €25,000 | = | 0.0% |
| Legal reserve | 130 | €25,000 | €25,000 | = | 0.0% |
| Distributable reserves | 133 | €131,297 | €295,438 | +€164,141 | +125.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €1,022,422 | €729,938 | -€292,484 | -28.6% |
| Amounts payable after more than one year | 17 | €484,463 | €310,291 | -€174,172 | -36.0% |
| Financial debts | 170/4 | €484,463 | €310,291 | -€174,172 | -36.0% |
| Amounts payable within one year | 42/48 | €523,494 | €419,647 | -€103,847 | -19.8% |
| Current portion of amounts payable after more than one year | 42 | €186,154 | €188,585 | +€2,430 | +1.3% |
| Financial debts | 43 | €40,938 | €42,000 | +€1,062 | +2.6% |
| Credit institutions | 430/8 | €40,938 | €42,000 | +€1,062 | +2.6% |
| Trade debts | 44 | €17,536 | €22,852 | +€5,316 | +30.3% |
| Suppliers | 440/4 | €17,536 | €22,852 | +€5,316 | +30.3% |
| Taxes, remuneration and social security | 45 | €171,269 | €166,210 | -€5,059 | -3.0% |
| Taxes | 450/3 | €15,408 | €4,168 | -€11,239 | -72.9% |
| Remuneration and social security | 454/9 | €155,861 | €162,042 | +€6,181 | +4.0% |
| Other amounts payable | 47/48 | €107,597 | €0 | -€107,597 | -100.0% |
| Accrued charges and deferred income | 492/3 | €14,465 | €0 | -€14,465 | -100.0% |
| Remuneration, social security and pensions | 62 | €1,616,708 | €1,537,190 | -€79,518 | -4.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €217,208 | €201,673 | -€15,535 | -7.2% |
| Other operating charges | 640/8 | €27,442 | €14,788 | -€12,654 | -46.1% |
| Gross operating margin | 9900 | €2,156,345 | €2,011,709 | -€144,636 | -6.7% |
| Operating profit (loss) | 9901 | €294,988 | €258,059 | -€36,928 | -12.5% |
| Financial income | 75/76B | €2,563 | €2,591 | +€29 | +1.1% |
| Recurring financial income | 75 | €2,563 | €2,591 | +€29 | +1.1% |
| Financial charges | 65/66B | €18,250 | €12,341 | -€5,909 | -32.4% |
| Recurring financial charges | 65 | €18,250 | €12,341 | -€5,909 | -32.4% |
| Profit (loss) for the period before taxes | 9903 | €279,300 | €248,309 | -€30,991 | -11.1% |
| Income taxes | 67/77 | €79,508 | €84,168 | +€4,661 | +5.9% |
| Profit (loss) for the period | 9904 | €199,792 | €164,141 | -€35,651 | -17.8% |
| Profit (loss) for the period to be appropriated | 9905 | €199,792 | €164,141 | -€35,651 | -17.8% |
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 6 October 2026 via checked.be.