B.V.B.A. BEPA: 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.V.B.A. BEPA
Largest movements
- Receivables within one year +€18,092
up €18,092 (+4.0%), from €453,990 to €472,082
- Tax, wage and social debts +€133,903
up €133,903 (+1,162%), from €11,528 to €145,430
- Provisions -€98,458
no longer reported in 2025 (was €98,458)
- Reserves -€17,976
down €17,976 (-5.9%), from €306,879 to €288,903
of which Tax-exempt reserves: -€295,374
- Taxes +€132,205
up €132,205 (+1,999%), from €6,613 to €138,818
- Gross operating margin -€1,517
new in 2025: -€1,517
- Financial income -€972
down €972 (-3.8%), from €25,377 to €24,405
- Other operating charges -€686
down €686 (-63.2%), from €1,086 to €400
- Financial charges +€80
up €80 (+333%), from €24 to €104
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.
Derived cash bridge
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 | €520,652 | €538,720 | +€18,068 | +3.5% |
| Current assets | 29/58 | €520,652 | €538,720 | +€18,068 | +3.5% |
| Amounts receivable within one year | 40/41 | €453,990 | €472,082 | +€18,092 | +4.0% |
| Other amounts receivable | 41 | €453,990 | €472,082 | +€18,092 | +4.0% |
| Cash at bank and in hand | 54/58 | €66,662 | €66,638 | -€24 | 0.0% |
| Total equity and liabilities | 10/49 | €520,652 | €538,720 | +€18,068 | +3.5% |
| Equity | 10/15 | €410,094 | €392,119 | -€17,976 | -4.4% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €306,879 | €288,903 | -€17,976 | -5.9% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Tax-exempt reserves | 132 | €295,374 | - | -€295,374 | |
| Distributable reserves | 133 | €9,645 | €287,044 | +€277,399 | +2,876% |
| Profit (loss) carried forward | 14 | €84,623 | €84,623 | = | 0.0% |
| Provisions and deferred taxes | 16 | €98,458 | - | -€98,458 | |
| Deferred taxes | 168 | €98,458 | - | -€98,458 | |
| Amounts payable | 17/49 | €12,100 | €146,601 | +€134,501 | +1,112% |
| Amounts payable within one year | 42/48 | €12,100 | €146,601 | +€134,501 | +1,112% |
| Trade debts | 44 | €572 | €1,171 | +€599 | +105% |
| Suppliers | 440/4 | €572 | €1,171 | +€599 | +105% |
| Taxes, remuneration and social security | 45 | €11,528 | €145,430 | +€133,903 | +1,162% |
| Taxes | 450/3 | €11,528 | €145,430 | +€133,903 | +1,162% |
| Other operating charges | 640/8 | €1,086 | €400 | -€686 | -63.2% |
| Gross operating margin | 9900 | - | -€1,517 | -€1,517 | |
| Operating profit (loss) | 9901 | -€1,086 | -€1,917 | -€831 | -76.6% |
| Financial income | 75/76B | €25,377 | €24,405 | -€972 | -3.8% |
| Recurring financial income | 75 | €25,377 | €24,405 | -€972 | -3.8% |
| Financial charges | 65/66B | €24 | €104 | +€80 | +333% |
| Recurring financial charges | 65 | €24 | €104 | +€80 | +333% |
| Profit (loss) for the period before taxes | 9903 | €24,267 | €22,384 | -€1,883 | -7.8% |
| Transfer from deferred taxes | 780 | - | €98,458 | +€98,458 | |
| Income taxes | 67/77 | €6,613 | €138,818 | +€132,205 | +1,999% |
| Profit (loss) for the period | 9904 | €17,655 | -€17,976 | -€35,630 | |
| Transfer from tax-exempt reserves | 789 | - | €295,374 | +€295,374 | |
| Profit (loss) for the period to be appropriated | 9905 | €17,655 | €277,399 | +€259,744 | +1,471% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.