B & E MANAGEMENT: 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 MANAGEMENT
Largest movements
- Cash -€15,055
down €15,055 (-38.2%), from €39,460 to €24,405
mainly Other debts (-€14,608) and Receivables within one year (-€7,938)
- Receivables within one year +€7,938
up €7,938 (+21.4%), from €37,088 to €45,026
of which Trade receivables: +€9,655
- Tangible fixed assets +€1,832
new in 2025: €1,832
- Other debts -€14,608
down €14,608 (-24.6%), from €59,412 to €44,804
- Reserves +€7,800
up €7,800 (+1040.0%), from €750 to €8,550
of which Distributable reserves: +€7,800
- Tax, wage and social debts +€2,890
up €2,890 (+38634.8%), from €7 to €2,897
- Trade debts -€1,391
down €1,391 (-80.5%), from €1,729 to €337
- Taxes +€2,890
up €2,890 (+286.8%), from €1,007 to €3,897
- Gross operating margin +€1,601
up €1,601 (+11.7%), from €13,695 to €15,296
- Financial charges -€1,070
down €1,070 (-27.9%), from €3,835 to €2,764
- Financial income -€385
down €385 (-94.0%), from €409 to €25
- Other operating charges +€368
up €368 (+95.0%), from €387 to €755
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 | €86,418 | €81,133 | -€5,285 | -6.1% |
| Fixed assets | 21/28 | €9,870 | €11,702 | +€1,832 | +18.6% |
| Tangible fixed assets | 22/27 | - | €1,832 | +€1,832 | |
| Furniture and vehicles | 24 | - | €1,832 | +€1,832 | |
| Financial fixed assets | 28 | €9,870 | €9,870 | = | 0.0% |
| Current assets | 29/58 | €76,548 | €69,431 | -€7,117 | -9.3% |
| Amounts receivable within one year | 40/41 | €37,088 | €45,026 | +€7,938 | +21.4% |
| Trade receivables | 40 | €3,345 | €13,000 | +€9,655 | +288.7% |
| Other amounts receivable | 41 | €33,743 | €32,026 | -€1,717 | -5.1% |
| Cash at bank and in hand | 54/58 | €39,460 | €24,405 | -€15,055 | -38.2% |
| Total equity and liabilities | 10/49 | €86,418 | €81,133 | -€5,285 | -6.1% |
| Equity | 10/15 | €25,270 | €33,095 | +€7,825 | +31.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €750 | €8,550 | +€7,800 | +1040.0% |
| Non-distributable reserves | 130/1 | €750 | €750 | = | 0.0% |
| Reserves not available under the articles | 1311 | €750 | €750 | = | 0.0% |
| Distributable reserves | 133 | - | €7,800 | +€7,800 | |
| Profit (loss) carried forward | 14 | €5,920 | €5,945 | +€25 | +0.4% |
| Amounts payable | 17/49 | €61,148 | €48,039 | -€13,110 | -21.4% |
| Amounts payable within one year | 42/48 | €61,148 | €48,039 | -€13,110 | -21.4% |
| Trade debts | 44 | €1,729 | €337 | -€1,391 | -80.5% |
| Suppliers | 440/4 | €1,729 | €337 | -€1,391 | -80.5% |
| Taxes, remuneration and social security | 45 | €7 | €2,897 | +€2,890 | +38634.8% |
| Taxes | 450/3 | €7 | €2,897 | +€2,890 | +38634.8% |
| Other amounts payable | 47/48 | €59,412 | €44,804 | -€14,608 | -24.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €79 | +€79 | |
| Other operating charges | 640/8 | €387 | €755 | +€368 | +95.0% |
| Gross operating margin | 9900 | €13,695 | €15,296 | +€1,601 | +11.7% |
| Operating profit (loss) | 9901 | €13,307 | €14,462 | +€1,154 | +8.7% |
| Financial income | 75/76B | €409 | €25 | -€385 | -94.0% |
| Recurring financial income | 75 | €409 | €25 | -€385 | -94.0% |
| Financial charges | 65/66B | €3,835 | €2,764 | -€1,070 | -27.9% |
| Recurring financial charges | 65 | €3,835 | €2,764 | -€1,070 | -27.9% |
| Profit (loss) for the period before taxes | 9903 | €9,882 | €11,722 | +€1,840 | +18.6% |
| Income taxes | 67/77 | €1,007 | €3,897 | +€2,890 | +286.8% |
| Profit (loss) for the period | 9904 | €8,874 | €7,825 | -€1,050 | -11.8% |
| Profit (loss) for the period to be appropriated | 9905 | €8,874 | €7,825 | -€1,050 | -11.8% |
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 7 October 2026 via checked.be.