B.E.RENOVATION: 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.RENOVATION
Largest movements
- Receivables within one year +€64,887
up €64,887 (+1422.2%), from €4,563 to €69,450
of which Trade receivables: +€62,891
- Cash +€6,677
up €6,677 (+86.1%), from €7,758 to €14,435
mainly Trade debts (+€46,975) and Net result for the year (+€19,093)
- Tangible fixed assets -€1,725
down €1,725 (-15.8%), from €10,947 to €9,222
of which Furniture and vehicles: -€1,466
- Trade debts +€46,975
up €46,975 (+93950.0%), from €50 to €47,025
- Profit (loss) carried forward +€19,093
up €19,093 (+2387.4%), from €800 to €19,892
- Tax, wage and social debts +€6,545
up €6,545 (+135.2%), from €4,840 to €11,385
of which Taxes: +€4,740
- Other debts -€2,774
down €2,774 (-18.3%), from €15,128 to €12,354
- Gross operating margin +€24,725
up €24,725 (+435.1%), from €5,682 to €30,408
- Taxes +€4,573
up €4,573 (+2127.6%), from €215 to €4,788
- Other operating charges +€697
new in 2025: €697
- Depreciation +€370
up €370 (+6.9%), from €5,356 to €5,725
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 | €23,317 | €93,156 | +€69,839 | +299.5% |
| Fixed assets | 21/28 | €10,997 | €9,272 | -€1,725 | -15.7% |
| Tangible fixed assets | 22/27 | €10,947 | €9,222 | -€1,725 | -15.8% |
| Plant, machinery and equipment | 23 | €794 | €535 | -€259 | -32.6% |
| Furniture and vehicles | 24 | €10,153 | €8,687 | -€1,466 | -14.4% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €12,320 | €83,885 | +€71,564 | +580.9% |
| Amounts receivable within one year | 40/41 | €4,563 | €69,450 | +€64,887 | +1422.2% |
| Trade receivables | 40 | €2,073 | €64,964 | +€62,891 | +3033.2% |
| Other amounts receivable | 41 | €2,489 | €4,485 | +€1,996 | +80.2% |
| Cash at bank and in hand | 54/58 | €7,758 | €14,435 | +€6,677 | +86.1% |
| Total equity and liabilities | 10/49 | €23,317 | €93,156 | +€69,839 | +299.5% |
| Equity | 10/15 | €3,300 | €22,392 | +€19,093 | +578.6% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €800 | €19,892 | +€19,093 | +2387.4% |
| Amounts payable | 17/49 | €20,018 | €70,764 | +€50,746 | +253.5% |
| Amounts payable within one year | 42/48 | €20,018 | €70,764 | +€50,746 | +253.5% |
| Trade debts | 44 | €50 | €47,025 | +€46,975 | +93950.0% |
| Suppliers | 440/4 | €50 | €47,025 | +€46,975 | +93950.0% |
| Taxes, remuneration and social security | 45 | €4,840 | €11,385 | +€6,545 | +135.2% |
| Taxes | 450/3 | €60 | €4,800 | +€4,740 | +7889.6% |
| Remuneration and social security | 454/9 | €4,780 | €6,585 | +€1,805 | +37.8% |
| Other amounts payable | 47/48 | €15,128 | €12,354 | -€2,774 | -18.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,356 | €5,725 | +€370 | +6.9% |
| Other operating charges | 640/8 | - | €697 | +€697 | |
| Gross operating margin | 9900 | €5,682 | €30,408 | +€24,725 | +435.1% |
| Operating profit (loss) | 9901 | €327 | €23,985 | +€23,659 | +7245.0% |
| Financial charges | 65/66B | €86 | €104 | +€18 | +21.0% |
| Recurring financial charges | 65 | €86 | €104 | +€18 | +21.0% |
| Profit (loss) for the period before taxes | 9903 | €240 | €23,881 | +€23,640 | +9837.9% |
| Income taxes | 67/77 | €215 | €4,788 | +€4,573 | +2127.6% |
| Profit (loss) for the period | 9904 | €25 | €19,093 | +€19,067 | +75216.0% |
| Profit (loss) for the period to be appropriated | 9905 | €25 | €19,093 | +€19,067 | +75216.0% |
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 5 October 2026 via checked.be.