BE-CLEAR: 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.
BE-CLEAR
Largest movements
- Receivables within one year -€693,976
down €693,976 (-95.2%), from €728,806 to €34,830
of which Other amounts receivable: -€686,287
- Cash -€433,138
down €433,138 (-71.4%), from €606,845 to €173,707
mainly Other debts (-€1.6m) and Current investments (-€45,661)
- Receivables after one year -€368,047
down €368,047 (-21.5%), from €1.7m to €1.3m
- Other debts -€1.6m
down €1.6m (-99.0%), from €1.6m to €16,394
- Reserves +€150,000
up €150,000 (+4.9%), from €3.0m to €3.2m
- Financial income +€26,679
up €26,679 (+32.9%), from €81,195 to €107,874
- Gross operating margin +€18,129
up €18,129 (+18.2%), from €99,744 to €117,873
- Taxes +€2,050
up €2,050 (+4.8%), from €43,075 to €45,125
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 | €5,148,016 | €3,679,908 | -€1.5m | -28.5% |
| Fixed assets | 21/28 | €562,221 | €566,757 | +€4,536 | +0.8% |
| Tangible fixed assets | 22/27 | €562,221 | €566,757 | +€4,536 | +0.8% |
| Land and buildings | 22 | €560,331 | €548,250 | -€12,081 | -2.2% |
| Furniture and vehicles | 24 | €1,890 | €969 | -€921 | -48.7% |
| Other tangible fixed assets | 26 | - | €17,538 | +€17,538 | |
| Current assets | 29/58 | €4,585,795 | €3,113,151 | -€1.5m | -32.1% |
| Amounts receivable after more than one year | 29 | €1,709,786 | €1,341,739 | -€368,047 | -21.5% |
| Other amounts receivable | 291 | €1,709,786 | €1,341,739 | -€368,047 | -21.5% |
| Amounts receivable within one year | 40/41 | €728,806 | €34,830 | -€693,976 | -95.2% |
| Trade receivables | 40 | €32,733 | €25,044 | -€7,689 | -23.5% |
| Other amounts receivable | 41 | €696,073 | €9,786 | -€686,287 | -98.6% |
| Current investments | 50/53 | €1,517,214 | €1,562,875 | +€45,661 | +3.0% |
| Cash at bank and in hand | 54/58 | €606,845 | €173,707 | -€433,138 | -71.4% |
| Deferred charges and accrued income | 490/1 | €23,144 | - | -€23,144 | |
| Total equity and liabilities | 10/49 | €5,148,016 | €3,679,908 | -€1.5m | -28.5% |
| Equity | 10/15 | €3,094,488 | €3,245,526 | +€151,038 | +4.9% |
| Contributions | 10/11 | €44,720 | €44,720 | = | 0.0% |
| Reserves | 13 | €3,033,912 | €3,183,912 | +€150,000 | +4.9% |
| Distributable reserves | 133 | €3,033,912 | €3,183,912 | +€150,000 | +4.9% |
| Profit (loss) carried forward | 14 | €15,856 | €16,894 | +€1,038 | +6.5% |
| Amounts payable | 17/49 | €2,053,528 | €434,382 | -€1.6m | -78.8% |
| Amounts payable after more than one year | 17 | €400,000 | €400,000 | = | 0.0% |
| Financial debts | 170/4 | €400,000 | €400,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €1,653,528 | €34,382 | -€1.6m | -97.9% |
| Trade debts | 44 | €12,902 | €14,975 | +€2,073 | +16.1% |
| Suppliers | 440/4 | €12,902 | €14,975 | +€2,073 | +16.1% |
| Taxes, remuneration and social security | 45 | €6,504 | €3,013 | -€3,491 | -53.7% |
| Taxes | 450/3 | €6,504 | €3,013 | -€3,491 | -53.7% |
| Other amounts payable | 47/48 | €1,634,122 | €16,394 | -€1.6m | -99.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,393 | €13,255 | -€138 | -1.0% |
| Other operating charges | 640/8 | €2,813 | €2,948 | +€135 | +4.8% |
| Gross operating margin | 9900 | €99,744 | €117,873 | +€18,129 | +18.2% |
| Operating profit (loss) | 9901 | €83,538 | €101,670 | +€18,132 | +21.7% |
| Financial income | 75/76B | €81,195 | €107,874 | +€26,679 | +32.9% |
| Recurring financial income | 75 | €81,195 | €107,874 | +€26,679 | +32.9% |
| Financial charges | 65/66B | €11,290 | €12,381 | +€1,091 | +9.7% |
| Recurring financial charges | 65 | €11,290 | €12,381 | +€1,091 | +9.7% |
| Profit (loss) for the period before taxes | 9903 | €153,443 | €197,163 | +€43,720 | +28.5% |
| Income taxes | 67/77 | €43,075 | €45,125 | +€2,050 | +4.8% |
| Profit (loss) for the period | 9904 | €110,368 | €152,038 | +€41,670 | +37.8% |
| Profit (loss) for the period to be appropriated | 9905 | €110,368 | €152,038 | +€41,670 | +37.8% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.