BE CHANGE: what changed
BE CHANGE
Largest movements
- Current investments -€40,000
down €40,000 (-80.0%), from €50,000 to €10,000
- Cash +€23,226
up €23,226 (+409%), from €5,675 to €28,901
mainly Current investments (+€40,000) and Deferred charges and accrued income (+€364)
- Receivables within one year +€9,994
up €9,994 (+213%), from €4,698 to €14,692
of which Other amounts receivable: +€10,601
- Reserves -€3,545
down €3,545 (-6.6%), from €53,607 to €50,062
- Profit (loss) carried forward -€2,495
new in 2025: -€2,495
- Trade debts -€1,000
down €1,000 (-92.5%), from €1,082 to €82
- Gross operating margin -€9,873
down €9,873, from €3,754 to -€6,119
- Taxes -€1,541
down €1,541 (-88.5%), from €1,742 to €200
- Other operating charges -€715
down €715 (-50.7%), from €1,411 to €696
- Financial income +€121
up €121 (+13.0%), from €931 to €1,052
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 | €62,336 | €55,192 | -€7,143 | -11.5% |
| Current assets | 29/58 | €62,336 | €55,192 | -€7,143 | -11.5% |
| Amounts receivable within one year | 40/41 | €4,698 | €14,692 | +€9,994 | +213% |
| Trade receivables | 40 | €4,637 | €4,029 | -€608 | -13.1% |
| Other amounts receivable | 41 | €61 | €10,663 | +€10,601 | +17,294% |
| Current investments | 50/53 | €50,000 | €10,000 | -€40,000 | -80.0% |
| Cash at bank and in hand | 54/58 | €5,675 | €28,901 | +€23,226 | +409% |
| Deferred charges and accrued income | 490/1 | €1,963 | €1,600 | -€364 | -18.5% |
| Total equity and liabilities | 10/49 | €62,336 | €55,192 | -€7,143 | -11.5% |
| Equity | 10/15 | €59,807 | €53,767 | -€6,041 | -10.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €53,607 | €50,062 | -€3,545 | -6.6% |
| Distributable reserves | 133 | €53,607 | €50,062 | -€3,545 | -6.6% |
| Profit (loss) carried forward | 14 | - | -€2,495 | -€2,495 | |
| Amounts payable | 17/49 | €2,529 | €1,426 | -€1,103 | -43.6% |
| Amounts payable within one year | 42/48 | €2,529 | €1,426 | -€1,103 | -43.6% |
| Financial debts | 43 | €15 | €59 | +€44 | +296% |
| Credit institutions | 430/8 | €15 | €59 | +€44 | +296% |
| Trade debts | 44 | €1,082 | €82 | -€1,000 | -92.5% |
| Suppliers | 440/4 | €1,082 | €82 | -€1,000 | -92.5% |
| Taxes, remuneration and social security | 45 | €147 | €0 | -€147 | -100% |
| Taxes | 450/3 | €147 | €0 | -€147 | -100% |
| Other amounts payable | 47/48 | €1,285 | €1,285 | = | 0.0% |
| Other operating charges | 640/8 | €1,411 | €696 | -€715 | -50.7% |
| Gross operating margin | 9900 | €3,754 | -€6,119 | -€9,873 | |
| Operating profit (loss) | 9901 | €2,343 | -€6,814 | -€9,158 | |
| Financial income | 75/76B | €931 | €1,052 | +€121 | +13.0% |
| Recurring financial income | 75 | €931 | €1,052 | +€121 | +13.0% |
| Financial charges | 65/66B | €79 | €77 | -€2 | -2.0% |
| Recurring financial charges | 65 | €79 | €77 | -€2 | -2.0% |
| Profit (loss) for the period before taxes | 9903 | €3,195 | -€5,840 | -€9,035 | |
| Income taxes | 67/77 | €1,742 | €200 | -€1,541 | -88.5% |
| Profit (loss) for the period | 9904 | €1,453 | -€6,041 | -€7,494 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,453 | -€6,041 | -€7,494 |
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 3 November 2026 via checked.be.