B.E.S.-LIEGE: 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.S.-LIEGE
Largest movements
- Receivables within one year -€1,156
down €1,156 (-4.2%), from €27,442 to €26,287
of which Trade receivables: -€1,133
- Cash -€600
down €600 (-77.2%), from €778 to €177
mainly Net result for the year (-€2,537)
- Profit (loss) carried forward -€2,537
down €2,537 (-3.7%), from -€68,072 to -€70,609
- Trade debts +€594
up €594 (+2.6%), from €22,706 to €23,300
- Gross operating margin +€846
up €846 (+27.0%), from -€3,130 to -€2,284
- Depreciation +€115
up €115 (+161.3%), from €72 to €187
- Financial charges -€57
no longer reported in 2025 (was €57)
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 | €29,200 | €27,257 | -€1,943 | -6.7% |
| Fixed assets | 21/28 | €980 | €793 | -€187 | -19.1% |
| Tangible fixed assets | 22/27 | €748 | €561 | -€187 | -25.0% |
| Plant, machinery and equipment | 23 | €748 | €561 | -€187 | -25.0% |
| Financial fixed assets | 28 | €232 | €232 | = | 0.0% |
| Current assets | 29/58 | €28,220 | €26,464 | -€1,756 | -6.2% |
| Amounts receivable within one year | 40/41 | €27,442 | €26,287 | -€1,156 | -4.2% |
| Trade receivables | 40 | €27,257 | €26,124 | -€1,133 | -4.2% |
| Other amounts receivable | 41 | €185 | €163 | -€22 | -12.2% |
| Cash at bank and in hand | 54/58 | €778 | €177 | -€600 | -77.2% |
| Total equity and liabilities | 10/49 | €29,200 | €27,257 | -€1,943 | -6.7% |
| Equity | 10/15 | -€47,612 | -€50,149 | -€2,537 | -5.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€68,072 | -€70,609 | -€2,537 | -3.7% |
| Amounts payable | 17/49 | €76,812 | €77,406 | +€594 | +0.8% |
| Amounts payable within one year | 42/48 | €76,812 | €77,406 | +€594 | +0.8% |
| Trade debts | 44 | €22,706 | €23,300 | +€594 | +2.6% |
| Suppliers | 440/4 | €22,706 | €23,300 | +€594 | +2.6% |
| Other amounts payable | 47/48 | €54,106 | €54,106 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €72 | €187 | +€115 | +161.3% |
| Other operating charges | 640/8 | €64 | €66 | +€2 | +3.0% |
| Gross operating margin | 9900 | -€3,130 | -€2,284 | +€846 | +27.0% |
| Operating profit (loss) | 9901 | -€3,265 | -€2,537 | +€728 | +22.3% |
| Financial charges | 65/66B | €57 | - | -€57 | |
| Recurring financial charges | 65 | €57 | - | -€57 | |
| Profit (loss) for the period before taxes | 9903 | -€3,322 | -€2,537 | +€785 | +23.6% |
| Profit (loss) for the period | 9904 | -€3,322 | -€2,537 | +€785 | +23.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,322 | -€2,537 | +€785 | +23.6% |
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 6 October 2026 via checked.be.