B.E.: 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.
B.E.
Largest movements
- Current investments -€9,959
down €9,959 (-99.6%), from €10,004 to €44
- Receivables within one year -€9,139
down €9,139 (-18.5%), from €49,491 to €40,352
- Tangible fixed assets -€7,105
down €7,105 (-53.1%), from €13,373 to €6,268
- Cash +€2,022
up €2,022 (+67.6%), from €2,993 to €5,015
mainly Other debts (+€47,698) and Current investments (+€9,959)
- Deferred charges and accrued income +€1,583
up €1,583 (+119%), from €1,335 to €2,917
- Other debts +€47,698
up €47,698 (+1,183%), from €4,033 to €51,731
- Profit (loss) carried forward -€44,110
down €44,110, from €42,202 to -€1,908
- Reserves -€27,398
no longer reported in 2025 (was €27,398)
- Gross operating margin -€52,058
down €52,058 (-437%), from -€11,921 to -€63,979
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 | €92,195 | €69,597 | -€22,598 | -24.5% |
| Fixed assets | 21/28 | €28,373 | €21,268 | -€7,105 | -25.0% |
| Tangible fixed assets | 22/27 | €13,373 | €6,268 | -€7,105 | -53.1% |
| Furniture and vehicles | 24 | €13,373 | €6,268 | -€7,105 | -53.1% |
| Financial fixed assets | 28 | €15,000 | €15,000 | = | 0.0% |
| Current assets | 29/58 | €63,823 | €48,329 | -€15,493 | -24.3% |
| Amounts receivable within one year | 40/41 | €49,491 | €40,352 | -€9,139 | -18.5% |
| Trade receivables | 40 | €49,491 | €40,352 | -€9,139 | -18.5% |
| Current investments | 50/53 | €10,004 | €44 | -€9,959 | -99.6% |
| Cash at bank and in hand | 54/58 | €2,993 | €5,015 | +€2,022 | +67.6% |
| Deferred charges and accrued income | 490/1 | €1,335 | €2,917 | +€1,583 | +119% |
| Total equity and liabilities | 10/49 | €92,195 | €69,597 | -€22,598 | -24.5% |
| Equity | 10/15 | €84,900 | €13,392 | -€71,508 | -84.2% |
| Contributions | 10/11 | €15,300 | €15,300 | = | 0.0% |
| Reserves | 13 | €27,398 | - | -€27,398 | |
| Distributable reserves | 133 | €27,398 | - | -€27,398 | |
| Profit (loss) carried forward | 14 | €42,202 | -€1,908 | -€44,110 | |
| Amounts payable | 17/49 | €7,295 | €56,205 | +€48,910 | +670% |
| Amounts payable within one year | 42/48 | €7,295 | €55,755 | +€48,460 | +664% |
| Trade debts | 44 | €1,110 | €1,489 | +€379 | +34.2% |
| Suppliers | 440/4 | €1,110 | €1,489 | +€379 | +34.2% |
| Taxes, remuneration and social security | 45 | €2,152 | €2,535 | +€383 | +17.8% |
| Taxes | 450/3 | €2,152 | €2,535 | +€383 | +17.8% |
| Other amounts payable | 47/48 | €4,033 | €51,731 | +€47,698 | +1,183% |
| Accrued charges and deferred income | 492/3 | - | €450 | +€450 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,105 | €7,105 | = | 0.0% |
| Other operating charges | 640/8 | €118 | €120 | +€2 | +1.7% |
| Gross operating margin | 9900 | -€11,921 | -€63,979 | -€52,058 | -437% |
| Operating profit (loss) | 9901 | -€19,144 | -€71,204 | -€52,060 | -272% |
| Financial income | 75/76B | - | €41 | +€41 | |
| Recurring financial income | 75 | - | €41 | +€41 | |
| Financial charges | 65/66B | €70 | €60 | -€10 | -14.8% |
| Recurring financial charges | 65 | €70 | €60 | -€10 | -14.8% |
| Profit (loss) for the period before taxes | 9903 | -€19,214 | -€71,223 | -€52,009 | -271% |
| Income taxes | 67/77 | €271 | €285 | +€14 | +5.3% |
| Profit (loss) for the period | 9904 | -€19,485 | -€71,508 | -€52,024 | -267% |
| Profit (loss) for the period to be appropriated | 9905 | -€19,485 | -€71,508 | -€52,024 | -267% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.