BE-2-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-2-BE
Largest movements
- Cash -€32,947
down €32,947 (-29.4%), from €112,016 to €79,069
mainly Contributions, distributions and other (-€61,894) and Other debts (-€22,530)
- Receivables within one year +€6,061
up €6,061 (+39.2%), from €15,477 to €21,538
of which Trade receivables: +€4,902
- Tangible fixed assets +€5,806
new in 2025: €5,806
- Other debts -€22,530
down €22,530 (-26.6%), from €84,766 to €62,236
- Tax, wage and social debts +€1,885
up €1,885 (+17.6%), from €10,692 to €12,577
of which Remuneration and social security: +€1,924
- Gross operating margin +€10,826
up €10,826 (+15.1%), from €71,468 to €82,294
- Financial income -€8,366
down €8,366 (-99.8%), from €8,386 to €20
- Depreciation +€1,058
new in 2025: €1,058
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 | €127,614 | €106,551 | -€21,063 | -16.5% |
| Fixed assets | 21/28 | - | €5,806 | +€5,806 | |
| Tangible fixed assets | 22/27 | - | €5,806 | +€5,806 | |
| Furniture and vehicles | 24 | - | €5,806 | +€5,806 | |
| Current assets | 29/58 | €127,614 | €100,745 | -€26,869 | -21.1% |
| Amounts receivable within one year | 40/41 | €15,477 | €21,538 | +€6,061 | +39.2% |
| Trade receivables | 40 | €13,577 | €18,480 | +€4,902 | +36.1% |
| Other amounts receivable | 41 | €1,899 | €3,058 | +€1,159 | +61.0% |
| Cash at bank and in hand | 54/58 | €112,016 | €79,069 | -€32,947 | -29.4% |
| Deferred charges and accrued income | 490/1 | €122 | €138 | +€16 | +13.4% |
| Total equity and liabilities | 10/49 | €127,614 | €106,551 | -€21,063 | -16.5% |
| Equity | 10/15 | €30,109 | €30,109 | = | 0.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €25,109 | €25,109 | = | 0.0% |
| Amounts payable | 17/49 | €97,506 | €76,443 | -€21,063 | -21.6% |
| Amounts payable within one year | 42/48 | €97,506 | €76,443 | -€21,063 | -21.6% |
| Trade debts | 44 | €2,048 | €1,630 | -€418 | -20.4% |
| Suppliers | 440/4 | €2,048 | €1,630 | -€418 | -20.4% |
| Taxes, remuneration and social security | 45 | €10,692 | €12,577 | +€1,885 | +17.6% |
| Taxes | 450/3 | €8,510 | €8,471 | -€39 | -0.5% |
| Remuneration and social security | 454/9 | €2,182 | €4,106 | +€1,924 | +88.2% |
| Other amounts payable | 47/48 | €84,766 | €62,236 | -€22,530 | -26.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €1,058 | +€1,058 | |
| Other operating charges | 640/8 | €433 | €446 | +€12 | +2.9% |
| Gross operating margin | 9900 | €71,468 | €82,294 | +€10,826 | +15.1% |
| Operating profit (loss) | 9901 | €71,035 | €80,791 | +€9,756 | +13.7% |
| Financial income | 75/76B | €8,386 | €20 | -€8,366 | -99.8% |
| Recurring financial income | 75 | €8,386 | €20 | -€8,366 | -99.8% |
| Financial charges | 65/66B | €71 | €76 | +€5 | +7.5% |
| Recurring financial charges | 65 | €71 | €76 | +€5 | +7.5% |
| Profit (loss) for the period before taxes | 9903 | €79,350 | €80,735 | +€1,385 | +1.7% |
| Income taxes | 67/77 | €18,101 | €18,841 | +€740 | +4.1% |
| Profit (loss) for the period | 9904 | €61,249 | €61,894 | +€645 | +1.1% |
| Profit (loss) for the period to be appropriated | 9905 | €61,249 | €61,894 | +€645 | +1.1% |
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.