BE CONNEXION: 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 CONNEXION
Largest movements
- Receivables after one year -€47,729
down €47,729 (-79.5%), from €60,000 to €12,271
- Cash +€11,130
up €11,130 (+55.9%), from €19,929 to €31,059
mainly Receivables after one year (+€47,729) and Net result for the year (+€32,068)
- Receivables within one year +€3,215
up €3,215 (+17.5%), from €18,383 to €21,598
of which Trade receivables: +€3,000
- Deferred charges and accrued income -€2,777
down €2,777 (-92.6%), from €2,998 to €220
- Profit (loss) carried forward -€38,932
down €38,932 (-51.3%), from €75,868 to €36,936
- Tax, wage and social debts +€3,682
up €3,682 (+16.2%), from €22,694 to €26,376
- Trade debts -€1,446
down €1,446 (-25.4%), from €5,696 to €4,250
- Gross operating margin +€5,303
up €5,303 (+11.7%), from €45,333 to €50,636
- Other operating charges -€2,773
down €2,773 (-74.7%), from €3,713 to €940
- Financial charges -€626
down €626 (-27.0%), from €2,316 to €1,690
- Taxes +€585
up €585 (+4.9%), from €12,034 to €12,618
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 | €106,443 | €70,146 | -€36,297 | -34.1% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €5,133 | €4,998 | -€135 | -2.6% |
| Tangible fixed assets | 22/27 | €5,133 | €4,998 | -€135 | -2.6% |
| Plant, machinery and equipment | 23 | - | €837 | +€837 | |
| Furniture and vehicles | 24 | €5,133 | €4,161 | -€973 | -19.0% |
| Current assets | 29/58 | €101,309 | €65,148 | -€36,162 | -35.7% |
| Amounts receivable after more than one year | 29 | €60,000 | €12,271 | -€47,729 | -79.5% |
| Other amounts receivable | 291 | €60,000 | €12,271 | -€47,729 | -79.5% |
| Amounts receivable within one year | 40/41 | €18,383 | €21,598 | +€3,215 | +17.5% |
| Trade receivables | 40 | €14,351 | €17,351 | +€3,000 | +20.9% |
| Other amounts receivable | 41 | €4,032 | €4,247 | +€215 | +5.3% |
| Cash at bank and in hand | 54/58 | €19,929 | €31,059 | +€11,130 | +55.9% |
| Deferred charges and accrued income | 490/1 | €2,998 | €220 | -€2,777 | -92.6% |
| Total equity and liabilities | 10/49 | €106,443 | €70,146 | -€36,297 | -34.1% |
| Equity | 10/15 | €77,868 | €38,936 | -€38,932 | -50.0% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €75,868 | €36,936 | -€38,932 | -51.3% |
| Amounts payable | 17/49 | €28,575 | €31,210 | +€2,635 | +9.2% |
| Amounts payable within one year | 42/48 | €28,575 | €30,811 | +€2,236 | +7.8% |
| Trade debts | 44 | €5,696 | €4,250 | -€1,446 | -25.4% |
| Suppliers | 440/4 | €5,696 | €4,250 | -€1,446 | -25.4% |
| Taxes, remuneration and social security | 45 | €22,694 | €26,376 | +€3,682 | +16.2% |
| Taxes | 450/3 | €22,694 | €26,376 | +€3,682 | +16.2% |
| Other amounts payable | 47/48 | €185 | €185 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | - | €400 | +€400 | |
| Remuneration, social security and pensions | 62 | €808 | €550 | -€257 | -31.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,724 | €2,851 | +€126 | +4.6% |
| Other operating charges | 640/8 | €3,713 | €940 | -€2,773 | -74.7% |
| Non-recurring operating charges | 66A | €1,442 | - | -€1,442 | |
| Gross operating margin | 9900 | €45,333 | €50,636 | +€5,303 | +11.7% |
| Operating profit (loss) | 9901 | €36,646 | €46,295 | +€9,649 | +26.3% |
| Financial income | 75/76B | €117 | €81 | -€36 | -31.0% |
| Recurring financial income | 75 | €117 | €81 | -€36 | -31.0% |
| Financial charges | 65/66B | €2,316 | €1,690 | -€626 | -27.0% |
| Recurring financial charges | 65 | €2,316 | €1,690 | -€626 | -27.0% |
| Profit (loss) for the period before taxes | 9903 | €34,447 | €44,686 | +€10,239 | +29.7% |
| Income taxes | 67/77 | €12,034 | €12,618 | +€585 | +4.9% |
| Profit (loss) for the period | 9904 | €22,414 | €32,068 | +€9,654 | +43.1% |
| Profit (loss) for the period to be appropriated | 9905 | €22,414 | €32,068 | +€9,654 | +43.1% |
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 8 October 2026 via checked.be.