BE & CHANGE: what changed
BE & CHANGE
Largest movements
- Cash -€26,360
down €26,360 (-60.8%), from €43,379 to €17,020
mainly Net result for the year (-€43,558) and Tax, wage and social debts (-€10,192)
- Receivables within one year -€20,288
down €20,288 (-84.0%), from €24,160 to €3,872
of which Trade receivables: -€15,125
- Profit (loss) carried forward -€43,558
down €43,558, from €34,434 to -€9,124
- Other debts +€11,596
new in 2025: €11,596
- Tax, wage and social debts -€10,192
down €10,192 (-50.4%), from €20,242 to €10,050
of which Taxes: -€10,192
- Trade debts -€5,036
no longer reported in 2025 (was €5,036)
- Financial charges +€55,771
up €55,771 (+4,599%), from €1,213 to €56,984
- Gross operating margin -€41,842
down €41,842 (-73.8%), from €56,667 to €14,825
- Taxes -€12,061
down €12,061 (-98.4%), from €12,257 to €196
- Other operating charges -€3,156
down €3,156 (-76.2%), from €4,141 to €985
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €70,145 | €22,955 | -€47,190 | -67.3% |
| Fixed assets | 21/28 | €2,026 | €1,580 | -€446 | -22.0% |
| Tangible fixed assets | 22/27 | €1,481 | €1,035 | -€446 | -30.1% |
| Furniture and vehicles | 24 | €229 | €0 | -€229 | -100% |
| Other tangible fixed assets | 26 | €1,252 | €1,035 | -€217 | -17.3% |
| Financial fixed assets | 28 | €545 | €545 | = | 0.0% |
| Current assets | 29/58 | €68,119 | €21,375 | -€46,744 | -68.6% |
| Amounts receivable within one year | 40/41 | €24,160 | €3,872 | -€20,288 | -84.0% |
| Trade receivables | 40 | €15,125 | - | -€15,125 | |
| Other amounts receivable | 41 | €9,035 | €3,872 | -€5,163 | -57.1% |
| Cash at bank and in hand | 54/58 | €43,379 | €17,020 | -€26,360 | -60.8% |
| Deferred charges and accrued income | 490/1 | €579 | €483 | -€96 | -16.6% |
| Total equity and liabilities | 10/49 | €70,145 | €22,955 | -€47,190 | -67.3% |
| Equity | 10/15 | €44,867 | €1,309 | -€43,558 | -97.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €5,433 | €5,433 | = | 0.0% |
| Distributable reserves | 133 | €5,433 | €5,433 | = | 0.0% |
| Profit (loss) carried forward | 14 | €34,434 | -€9,124 | -€43,558 | |
| Amounts payable | 17/49 | €25,278 | €21,646 | -€3,632 | -14.4% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Other amounts payable | 178/9 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €25,278 | €21,646 | -€3,632 | -14.4% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €5,036 | - | -€5,036 | |
| Suppliers | 440/4 | €5,036 | - | -€5,036 | |
| Taxes, remuneration and social security | 45 | €20,242 | €10,050 | -€10,192 | -50.4% |
| Taxes | 450/3 | €20,242 | €10,050 | -€10,192 | -50.4% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | - | €11,596 | +€11,596 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €817 | €446 | -€371 | -45.4% |
| Other operating charges | 640/8 | €4,141 | €985 | -€3,156 | -76.2% |
| Gross operating margin | 9900 | €56,667 | €14,825 | -€41,842 | -73.8% |
| Operating profit (loss) | 9901 | €51,709 | €13,393 | -€38,316 | -74.1% |
| Financial income | 75/76B | €40 | €228 | +€188 | +472% |
| Recurring financial income | 75 | €40 | €228 | +€188 | +472% |
| Financial charges | 65/66B | €1,213 | €56,984 | +€55,771 | +4,599% |
| Recurring financial charges | 65 | €1,213 | €56,984 | +€55,771 | +4,599% |
| Profit (loss) for the period before taxes | 9903 | €50,536 | -€43,362 | -€93,898 | |
| Income taxes | 67/77 | €12,257 | €196 | -€12,061 | -98.4% |
| Profit (loss) for the period | 9904 | €38,279 | -€43,558 | -€81,837 | |
| Profit (loss) for the period to be appropriated | 9905 | €38,279 | -€43,558 | -€81,837 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.