2BE.ADVISED: 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.
2BE.ADVISED
Largest movements
- Receivables within one year -€71,460
down €71,460 (-65.4%), from €109,271 to €37,811
of which Trade receivables: -€71,460
- Cash +€35,828
up €35,828 (+2,136%), from €1,677 to €37,505
mainly Receivables within one year (+€71,460) and Other debts (+€23,110)
- Financial fixed assets +€5,000
up €5,000 (+1.9%), from €267,801 to €272,801
- Current portion of long-term debt -€23,249
no longer reported in 2025 (was €23,249)
- Other debts +€23,110
up €23,110 (+21.8%), from €105,823 to €128,933
- Trade debts -€15,967
down €15,967 (-89.3%), from €17,883 to €1,916
- Tax, wage and social debts -€12,824
down €12,824 (-44.0%), from €29,157 to €16,333
of which Taxes: -€12,984
- Gross operating margin -€76,673
down €76,673 (-94.7%), from €80,959 to €4,287
- Taxes -€23,158
down €23,158 (-97.9%), from €23,649 to €491
- Financial charges -€6,974
down €6,974 (-76.5%), from €9,112 to €2,138
- Depreciation +€1,091
up €1,091 (+63.5%), from €1,718 to €2,809
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.
Derived cash bridge
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 | €392,810 | €361,705 | -€31,104 | -7.9% |
| Fixed assets | 21/28 | €273,061 | €277,589 | +€4,527 | +1.7% |
| Tangible fixed assets | 22/27 | €5,261 | €4,788 | -€473 | -9.0% |
| Plant, machinery and equipment | 23 | €4,060 | €4,081 | +€21 | +0.5% |
| Furniture and vehicles | 24 | €1,200 | €707 | -€493 | -41.1% |
| Financial fixed assets | 28 | €267,801 | €272,801 | +€5,000 | +1.9% |
| Current assets | 29/58 | €119,748 | €84,117 | -€35,632 | -29.8% |
| Amounts receivable within one year | 40/41 | €109,271 | €37,811 | -€71,460 | -65.4% |
| Trade receivables | 40 | €108,598 | €37,138 | -€71,460 | -65.8% |
| Other amounts receivable | 41 | €674 | €674 | = | 0.0% |
| Current investments | 50/53 | €8,800 | €8,800 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €1,677 | €37,505 | +€35,828 | +2,136% |
| Total equity and liabilities | 10/49 | €392,810 | €361,705 | -€31,104 | -7.9% |
| Equity | 10/15 | €216,697 | €214,524 | -€2,174 | -1.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €210,497 | €208,324 | -€2,174 | -1.0% |
| Distributable reserves | 133 | €210,497 | €208,324 | -€2,174 | -1.0% |
| Amounts payable | 17/49 | €176,112 | €147,182 | -€28,931 | -16.4% |
| Amounts payable within one year | 42/48 | €176,112 | €147,182 | -€28,931 | -16.4% |
| Current portion of amounts payable after more than one year | 42 | €23,249 | - | -€23,249 | |
| Trade debts | 44 | €17,883 | €1,916 | -€15,967 | -89.3% |
| Suppliers | 440/4 | €17,883 | €1,916 | -€15,967 | -89.3% |
| Taxes, remuneration and social security | 45 | €29,157 | €16,333 | -€12,824 | -44.0% |
| Taxes | 450/3 | €28,837 | €15,853 | -€12,984 | -45.0% |
| Remuneration and social security | 454/9 | €320 | €480 | +€160 | +50.0% |
| Other amounts payable | 47/48 | €105,823 | €128,933 | +€23,110 | +21.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,718 | €2,809 | +€1,091 | +63.5% |
| Other operating charges | 640/8 | €997 | €1,027 | +€31 | +3.1% |
| Gross operating margin | 9900 | €80,959 | €4,287 | -€76,673 | -94.7% |
| Operating profit (loss) | 9901 | €78,245 | €450 | -€77,795 | -99.4% |
| Financial income | 75/76B | €5 | €5 | -€0 | -0.4% |
| Recurring financial income | 75 | €5 | €5 | -€0 | -0.4% |
| Financial charges | 65/66B | €9,112 | €2,138 | -€6,974 | -76.5% |
| Recurring financial charges | 65 | €9,112 | €2,138 | -€6,974 | -76.5% |
| Profit (loss) for the period before taxes | 9903 | €69,138 | -€1,682 | -€70,820 | |
| Income taxes | 67/77 | €23,649 | €491 | -€23,158 | -97.9% |
| Profit (loss) for the period | 9904 | €45,489 | -€2,174 | -€47,663 | |
| Profit (loss) for the period to be appropriated | 9905 | €45,489 | -€2,174 | -€47,663 |
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 26 October 2026 via checked.be.