B&E Collectief: 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.
B&E Collectief
Largest movements
- Stocks and contracts +€29,917
up €29,917 (+311.5%), from €9,603 to €39,520
of which Contracts in progress: +€30,000
- Receivables within one year -€18,446
down €18,446 (-41.4%), from €44,552 to €26,107
of which Trade receivables: -€23,805
- Tangible fixed assets -€17,569
down €17,569 (-52.7%), from €33,359 to €15,790
of which Furniture and vehicles: -€28,178
- Cash +€8,962
up €8,962 (+992.4%), from €903 to €9,865
mainly Receivables within one year (+€18,446) and Tax, wage and social debts (+€13,515)
- Tax, wage and social debts +€13,515
up €13,515 (+607.4%), from €2,225 to €15,740
of which Remuneration and social security: +€12,628
- Trade debts +€10,895
up €10,895 (+41.7%), from €26,154 to €37,049
- Reserves -€9,050
down €9,050 (-38.2%), from €23,684 to €14,634
- Current portion of long-term debt -€7,722
down €7,722 (-100.0%), from €7,722 to €0
- Debts after one year -€4,514
down €4,514 (-27.8%), from €16,214 to €11,700
- Staff costs +€30,073
new in 2025: €30,073
- Gross operating margin +€22,651
up €22,651 (+62.2%), from €36,419 to €59,070
- Depreciation -€6,010
down €6,010 (-40.7%), from €14,758 to €8,747
- Other operating charges +€4,114
up €4,114 (+164.5%), from €2,502 to €6,616
- Taxes -€1,139
down €1,139 (-24.1%), from €4,719 to €3,579
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 | €89,066 | €92,310 | +€3,244 | +3.6% |
| Fixed assets | 21/28 | €33,359 | €15,790 | -€17,569 | -52.7% |
| Tangible fixed assets | 22/27 | €33,359 | €15,790 | -€17,569 | -52.7% |
| Plant, machinery and equipment | 23 | €1,361 | €11,969 | +€10,609 | +779.6% |
| Furniture and vehicles | 24 | €31,998 | €3,820 | -€28,178 | -88.1% |
| Current assets | 29/58 | €55,707 | €76,520 | +€20,813 | +37.4% |
| Stocks and contracts in progress | 3 | €9,603 | €39,520 | +€29,917 | +311.5% |
| Stocks | 30/36 | €9,603 | €9,520 | -€83 | -0.9% |
| Contracts in progress | 37 | - | €30,000 | +€30,000 | |
| Amounts receivable within one year | 40/41 | €44,552 | €26,107 | -€18,446 | -41.4% |
| Trade receivables | 40 | €38,891 | €15,087 | -€23,805 | -61.2% |
| Other amounts receivable | 41 | €5,661 | €11,020 | +€5,359 | +94.7% |
| Cash at bank and in hand | 54/58 | €903 | €9,865 | +€8,962 | +992.4% |
| Deferred charges and accrued income | 490/1 | €649 | €1,028 | +€379 | +58.4% |
| Total equity and liabilities | 10/49 | €89,066 | €92,310 | +€3,244 | +3.6% |
| Equity | 10/15 | €26,684 | €17,634 | -€9,050 | -33.9% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €23,684 | €14,634 | -€9,050 | -38.2% |
| Distributable reserves | 133 | €23,684 | €14,634 | -€9,050 | -38.2% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €62,381 | €74,676 | +€12,294 | +19.7% |
| Amounts payable after more than one year | 17 | €16,214 | €11,700 | -€4,514 | -27.8% |
| Financial debts | 170/4 | €16,214 | €11,700 | -€4,514 | -27.8% |
| Amounts payable within one year | 42/48 | €46,167 | €62,976 | +€16,809 | +36.4% |
| Current portion of amounts payable after more than one year | 42 | €7,722 | €0 | -€7,722 | -100.0% |
| Trade debts | 44 | €26,154 | €37,049 | +€10,895 | +41.7% |
| Suppliers | 440/4 | €26,154 | €37,049 | +€10,895 | +41.7% |
| Taxes, remuneration and social security | 45 | €2,225 | €15,740 | +€13,515 | +607.4% |
| Taxes | 450/3 | €2,225 | €3,111 | +€886 | +39.8% |
| Remuneration and social security | 454/9 | - | €12,628 | +€12,628 | |
| Other amounts payable | 47/48 | €10,066 | €10,187 | +€120 | +1.2% |
| Remuneration, social security and pensions | 62 | - | €30,073 | +€30,073 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,758 | €8,747 | -€6,010 | -40.7% |
| Other operating charges | 640/8 | €2,502 | €6,616 | +€4,114 | +164.5% |
| Gross operating margin | 9900 | €36,419 | €59,070 | +€22,651 | +62.2% |
| Operating profit (loss) | 9901 | €19,160 | €13,634 | -€5,526 | -28.8% |
| Financial income | 75/76B | €1,141 | €665 | -€475 | -41.7% |
| Recurring financial income | 75 | €1,141 | €665 | -€475 | -41.7% |
| Financial charges | 65/66B | €1,060 | €2,123 | +€1,063 | +100.4% |
| Recurring financial charges | 65 | €1,060 | €998 | -€62 | -5.8% |
| Non-recurring financial charges | 66B | - | €1,125 | +€1,125 | |
| Profit (loss) for the period before taxes | 9903 | €19,241 | €12,176 | -€7,065 | -36.7% |
| Income taxes | 67/77 | €4,719 | €3,579 | -€1,139 | -24.1% |
| Profit (loss) for the period | 9904 | €14,522 | €8,597 | -€5,926 | -40.8% |
| Profit (loss) for the period to be appropriated | 9905 | €14,522 | €8,597 | -€5,926 | -40.8% |
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 8 October 2026 via checked.be.