B.E. VEILIGHEID: 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. VEILIGHEID
Largest movements
- Stocks and contracts +€202,592
up €202,592 (+32.4%), from €624,595 to €827,188
- Receivables within one year +€12,968
up €12,968 (+2,013%), from €644 to €13,613
- Cash -€10,127
down €10,127 (-28.2%), from €35,860 to €25,733
mainly Stocks and contracts (-€202,592) and Receivables within one year (-€12,968)
- Other debts +€204,605
up €204,605 (+29.4%), from €695,601 to €900,206
- Other operating charges -€9,220
down €9,220 (-88.8%), from €10,387 to €1,167
- Gross operating margin -€7,128
down €7,128 (-91.3%), from €7,808 to €680
- Taxes +€779
new in 2024: €779
- Depreciation +€107
up €107 (+82.5%), from €130 to €237
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €662,655 | €867,852 | +€205,197 | +31.0% |
| Fixed assets | 21/28 | €1,556 | €1,319 | -€237 | -15.2% |
| Tangible fixed assets | 22/27 | €1,056 | €819 | -€237 | -22.5% |
| Furniture and vehicles | 24 | €1,056 | €819 | -€237 | -22.5% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €661,099 | €866,533 | +€205,434 | +31.1% |
| Stocks and contracts in progress | 3 | €624,595 | €827,188 | +€202,592 | +32.4% |
| Stocks | 30/36 | €624,595 | €827,188 | +€202,592 | +32.4% |
| Amounts receivable within one year | 40/41 | €644 | €13,613 | +€12,968 | +2,013% |
| Trade receivables | 40 | €644 | €13,613 | +€12,968 | +2,013% |
| Cash at bank and in hand | 54/58 | €35,860 | €25,733 | -€10,127 | -28.2% |
| Total equity and liabilities | 10/49 | €662,655 | €867,852 | +€205,197 | +31.0% |
| Equity | 10/15 | -€36,164 | -€38,512 | -€2,348 | -6.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €31,682 | €31,682 | = | 0.0% |
| Non-distributable reserves | 130/1 | - | €1,860 | +€1,860 | |
| Reserves not available under the articles | 1311 | - | €1,860 | +€1,860 | |
| Distributable reserves | 133 | €31,682 | €29,822 | -€1,860 | -5.9% |
| Profit (loss) carried forward | 14 | -€86,446 | -€88,794 | -€2,348 | -2.7% |
| Amounts payable | 17/49 | €698,819 | €906,364 | +€207,545 | +29.7% |
| Amounts payable within one year | 42/48 | €697,658 | €906,364 | +€208,706 | +29.9% |
| Trade debts | 44 | €415 | €1,682 | +€1,267 | +305% |
| Suppliers | 440/4 | €415 | €1,682 | +€1,267 | +305% |
| Taxes, remuneration and social security | 45 | €1,642 | €4,476 | +€2,834 | +173% |
| Taxes | 450/3 | €1,642 | €4,476 | +€2,834 | +173% |
| Other amounts payable | 47/48 | €695,601 | €900,206 | +€204,605 | +29.4% |
| Accrued charges and deferred income | 492/3 | €1,162 | - | -€1,162 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €130 | €237 | +€107 | +82.5% |
| Other operating charges | 640/8 | €10,387 | €1,167 | -€9,220 | -88.8% |
| Gross operating margin | 9900 | €7,808 | €680 | -€7,128 | -91.3% |
| Operating profit (loss) | 9901 | -€2,710 | -€724 | +€1,986 | +73.3% |
| Financial charges | 65/66B | €120 | €136 | +€16 | +12.9% |
| Recurring financial charges | 65 | €120 | €136 | +€16 | +12.9% |
| Profit (loss) for the period before taxes | 9903 | -€2,830 | -€859 | +€1,970 | +69.6% |
| Income taxes | 67/77 | - | €779 | +€779 | |
| Profit (loss) for the period | 9904 | -€2,830 | -€1,638 | +€1,192 | +42.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,830 | -€1,638 | +€1,192 | +42.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.