BE@: 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.
BE@
Largest movements
- Receivables within one year +€17,547
up €17,547 (+6.8%), from €257,221 to €274,768
- Tangible fixed assets -€7,602
down €7,602 (-5.4%), from €141,949 to €134,347
- Reserves +€7,477
up €7,477 (+16.1%), from €46,508 to €53,985
of which Distributable reserves: +€7,477
- Other operating charges -€1,232
down €1,232 (-70.3%), from €1,752 to €520
- Financial income -€666
down €666 (-4.4%), from €15,001 to €14,335
- Gross operating margin -€343
down €343 (-2.4%), from €14,501 to €14,158
- Taxes -€193
down €193 (-7.3%), from €2,662 to €2,469
- Financial charges +€152
up €152 (+1.5%), from €10,274 to €10,426
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €399,170 | €409,116 | +€9,946 | +2.5% |
| Fixed assets | 21/28 | €141,949 | €134,347 | -€7,602 | -5.4% |
| Tangible fixed assets | 22/27 | €141,949 | €134,347 | -€7,602 | -5.4% |
| Land and buildings | 22 | €141,949 | €134,347 | -€7,602 | -5.4% |
| Current assets | 29/58 | €257,221 | €274,768 | +€17,547 | +6.8% |
| Amounts receivable within one year | 40/41 | €257,221 | €274,768 | +€17,547 | +6.8% |
| Other amounts receivable | 41 | €257,221 | €274,768 | +€17,547 | +6.8% |
| Total equity and liabilities | 10/49 | €399,170 | €409,116 | +€9,946 | +2.5% |
| Equity | 10/15 | €146,508 | €153,985 | +€7,477 | +5.1% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Capital | 10 | €100,000 | €100,000 | = | 0.0% |
| Issued capital | 100 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €46,508 | €53,985 | +€7,477 | +16.1% |
| Non-distributable reserves | 130/1 | €10,000 | €10,000 | = | 0.0% |
| Legal reserve | 130 | €10,000 | €10,000 | = | 0.0% |
| Distributable reserves | 133 | €36,508 | €43,985 | +€7,477 | +20.5% |
| Amounts payable | 17/49 | €252,662 | €255,130 | +€2,469 | +1.0% |
| Amounts payable after more than one year | 17 | €250,000 | €250,000 | = | 0.0% |
| Financial debts | 170/4 | €250,000 | €250,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €2,662 | €5,130 | +€2,469 | +92.7% |
| Taxes, remuneration and social security | 45 | €2,662 | €5,130 | +€2,469 | +92.7% |
| Taxes | 450/3 | €2,662 | €5,130 | +€2,469 | +92.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,602 | €7,602 | = | 0.0% |
| Other operating charges | 640/8 | €1,752 | €520 | -€1,232 | -70.3% |
| Gross operating margin | 9900 | €14,501 | €14,158 | -€343 | -2.4% |
| Operating profit (loss) | 9901 | €5,148 | €6,037 | +€889 | +17.3% |
| Financial income | 75/76B | €15,001 | €14,335 | -€666 | -4.4% |
| Recurring financial income | 75 | €15,001 | €14,335 | -€666 | -4.4% |
| Financial charges | 65/66B | €10,274 | €10,426 | +€152 | +1.5% |
| Recurring financial charges | 65 | €10,274 | €10,426 | +€152 | +1.5% |
| Profit (loss) for the period before taxes | 9903 | €9,874 | €9,946 | +€71 | +0.7% |
| Income taxes | 67/77 | €2,662 | €2,469 | -€193 | -7.3% |
| Profit (loss) for the period | 9904 | €7,213 | €7,477 | +€264 | +3.7% |
| Profit (loss) for the period to be appropriated | 9905 | €7,213 | €7,477 | +€264 | +3.7% |
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 28 September 2026 via checked.be.