BE-EXPRESS SERVICES: 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-EXPRESS SERVICES
Largest movements
- Tangible fixed assets -€13,432
down €13,432 (-63.6%), from €21,132 to €7,700
of which Other tangible fixed assets: -€15,256
- Deferred charges and accrued income +€4,365
new in 2025: €4,365
- Receivables within one year -€2,399
down €2,399 (-9.7%), from €24,740 to €22,340
of which Trade receivables: -€2,673
- Cash -€1,793
down €1,793 (-42.4%), from €4,230 to €2,437
mainly Net result for the year (-€12,086) and Deferred charges and accrued income (-€4,365)
- Profit (loss) carried forward -€12,086
down €12,086 (-104.7%), from -€11,543 to -€23,629
- Trade debts -€3,392
down €3,392 (-17.1%), from €19,796 to €16,404
- Current portion of long-term debt +€2,207
new in 2025: €2,207
- Advances received -€570
down €570 (-15.4%), from €3,700 to €3,130
- Tax, wage and social debts +€546
up €546 (+87.1%), from €626 to €1,172
of which Taxes: +€613
- Gross operating margin -€33,178
down €33,178 (-65.7%), from €50,465 to €17,287
- Staff costs -€27,356
down €27,356 (-70.1%), from €39,033 to €11,677
- Other operating charges -€6,458
down €6,458 (-82.7%), from €7,811 to €1,352
- Depreciation -€1,478
down €1,478 (-8.8%), from €16,777 to €15,299
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 | €52,550 | €39,290 | -€13,259 | -25.2% |
| Fixed assets | 21/28 | €23,580 | €10,148 | -€13,432 | -57.0% |
| Tangible fixed assets | 22/27 | €21,132 | €7,700 | -€13,432 | -63.6% |
| Plant, machinery and equipment | 23 | - | €1,825 | +€1,825 | |
| Other tangible fixed assets | 26 | €21,132 | €5,875 | -€15,256 | -72.2% |
| Financial fixed assets | 28 | €2,448 | €2,448 | = | 0.0% |
| Current assets | 29/58 | €28,970 | €29,142 | +€172 | +0.6% |
| Amounts receivable within one year | 40/41 | €24,740 | €22,340 | -€2,399 | -9.7% |
| Trade receivables | 40 | €19,608 | €16,935 | -€2,673 | -13.6% |
| Other amounts receivable | 41 | €5,132 | €5,405 | +€273 | +5.3% |
| Cash at bank and in hand | 54/58 | €4,230 | €2,437 | -€1,793 | -42.4% |
| Deferred charges and accrued income | 490/1 | - | €4,365 | +€4,365 | |
| Total equity and liabilities | 10/49 | €52,550 | €39,290 | -€13,259 | -25.2% |
| Equity | 10/15 | €27,947 | €15,861 | -€12,086 | -43.2% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Contributions outside capital | 11 | €10,000 | €10,000 | = | 0.0% |
| Other | 1109/19 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €29,490 | €29,490 | = | 0.0% |
| Tax-exempt reserves | 132 | €29,490 | €29,490 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€11,543 | -€23,629 | -€12,086 | -104.7% |
| Amounts payable | 17/49 | €24,603 | €23,430 | -€1,174 | -4.8% |
| Amounts payable within one year | 42/48 | €24,603 | €23,430 | -€1,174 | -4.8% |
| Current portion of amounts payable after more than one year | 42 | - | €2,207 | +€2,207 | |
| Financial debts | 43 | €93 | - | -€93 | |
| Credit institutions | 430/8 | €93 | - | -€93 | |
| Trade debts | 44 | €19,796 | €16,404 | -€3,392 | -17.1% |
| Suppliers | 440/4 | €19,796 | €16,404 | -€3,392 | -17.1% |
| Advances received on contracts in progress | 46 | €3,700 | €3,130 | -€570 | -15.4% |
| Taxes, remuneration and social security | 45 | €626 | €1,172 | +€546 | +87.1% |
| Taxes | 450/3 | €559 | €1,172 | +€613 | +109.7% |
| Remuneration and social security | 454/9 | €67 | - | -€67 | |
| Other amounts payable | 47/48 | €389 | €517 | +€128 | +32.9% |
| Non-recurring operating income | 76A | - | €366 | +€366 | |
| Remuneration, social security and pensions | 62 | €39,033 | €11,677 | -€27,356 | -70.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,777 | €15,299 | -€1,478 | -8.8% |
| Other operating charges | 640/8 | €7,811 | €1,352 | -€6,458 | -82.7% |
| Non-recurring operating charges | 66A | €3,657 | €15 | -€3,642 | -99.6% |
| Gross operating margin | 9900 | €50,465 | €17,287 | -€33,178 | -65.7% |
| Operating profit (loss) | 9901 | -€16,814 | -€11,058 | +€5,756 | +34.2% |
| Financial income | 75/76B | €4 | €0 | -€4 | -99.5% |
| Recurring financial income | 75 | €4 | €0 | -€4 | -99.5% |
| Financial charges | 65/66B | €690 | €1,001 | +€311 | +45.1% |
| Recurring financial charges | 65 | €690 | €1,001 | +€311 | +45.1% |
| Profit (loss) for the period before taxes | 9903 | -€17,500 | -€12,059 | +€5,441 | +31.1% |
| Income taxes | 67/77 | - | €27 | +€27 | |
| Profit (loss) for the period | 9904 | -€17,500 | -€12,086 | +€5,414 | +30.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€17,500 | -€12,086 | +€5,414 | +30.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.