A3 BEHEER: 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.
A3 BEHEER
Largest movements
- Current investments -€1.2m
down €1.2m (-9.9%), from €11.6m to €10.5m
- Other debts +€1.5m
up €1.5m (+13,275%), from €11,321 to €1.5m
- Reserves -€1.3m
down €1.3m (-7.7%), from €17.2m to €15.9m
- Contributions -€802,282
down €802,282 (-11.9%), from €6.7m to €5.9m
- Short-term financial debts -€503,952
down €503,952 (-100%), from €503,952 to €0
- Financial income -€2.5m
down €2.5m (-89.0%), from €2.8m to €307,770
- Gross operating margin +€125,802
up €125,802 (+114%), from €110,275 to €236,077
- Taxes +€51,081
up €51,081 (+61.7%), from €82,786 to €133,867
- Financial charges +€13,710
up €13,710 (+2,938%), from €467 to €14,177
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 | €24,460,772 | €23,389,559 | -€1.1m | -4.4% |
| Fixed assets | 21/28 | €12,487,145 | €12,487,145 | = | 0.0% |
| Financial fixed assets | 28 | €12,487,145 | €12,487,145 | = | 0.0% |
| Current assets | 29/58 | €11,973,627 | €10,902,414 | -€1.1m | -8.9% |
| Amounts receivable within one year | 40/41 | €125,326 | €83,376 | -€41,950 | -33.5% |
| Trade receivables | 40 | €18,150 | €0 | -€18,150 | -100% |
| Other amounts receivable | 41 | €107,176 | €83,376 | -€23,800 | -22.2% |
| Current investments | 50/53 | €11,604,000 | €10,450,000 | -€1.2m | -9.9% |
| Cash at bank and in hand | 54/58 | €222,224 | €350,348 | +€128,125 | +57.7% |
| Deferred charges and accrued income | 490/1 | €22,077 | €18,690 | -€3,388 | -15.3% |
| Total equity and liabilities | 10/49 | €24,460,772 | €23,389,559 | -€1.1m | -4.4% |
| Equity | 10/15 | €23,936,995 | €21,818,225 | -€2.1m | -8.9% |
| Contributions | 10/11 | €6,735,692 | €5,933,410 | -€802,282 | -11.9% |
| Reserves | 13 | €17,201,303 | €15,884,815 | -€1.3m | -7.7% |
| Distributable reserves | 133 | €17,201,303 | €15,884,815 | -€1.3m | -7.7% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €523,777 | €1,571,333 | +€1.0m | +200% |
| Amounts payable within one year | 42/48 | €523,777 | €1,571,333 | +€1.0m | +200% |
| Financial debts | 43 | €503,952 | €0 | -€503,952 | -100% |
| Credit institutions | 430/8 | €503,952 | €0 | -€503,952 | -100% |
| Trade debts | 44 | €6,838 | €19,210 | +€12,372 | +181% |
| Suppliers | 440/4 | €6,838 | €19,210 | +€12,372 | +181% |
| Taxes, remuneration and social security | 45 | €1,667 | €37,963 | +€36,296 | +2,178% |
| Taxes | 450/3 | €1,667 | €37,963 | +€36,296 | +2,178% |
| Other amounts payable | 47/48 | €11,321 | €1,514,161 | +€1.5m | +13,275% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Other operating charges | 640/8 | €1,427 | €1,265 | -€161 | -11.3% |
| Gross operating margin | 9900 | €110,275 | €236,077 | +€125,802 | +114% |
| Operating profit (loss) | 9901 | €108,849 | €234,812 | +€125,963 | +116% |
| Financial income | 75/76B | €2,810,497 | €307,770 | -€2.5m | -89.0% |
| Recurring financial income | 75 | €2,810,497 | €307,770 | -€2.5m | -89.0% |
| Financial charges | 65/66B | €467 | €14,177 | +€13,710 | +2,938% |
| Recurring financial charges | 65 | €467 | €14,177 | +€13,710 | +2,938% |
| Profit (loss) for the period before taxes | 9903 | €2,918,879 | €528,405 | -€2.4m | -81.9% |
| Income taxes | 67/77 | €82,786 | €133,867 | +€51,081 | +61.7% |
| Profit (loss) for the period | 9904 | €2,836,093 | €394,538 | -€2.4m | -86.1% |
| Profit (loss) for the period to be appropriated | 9905 | €2,836,093 | €394,538 | -€2.4m | -86.1% |
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 24 October 2026 via checked.be.