BE FIRST ONE: 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 FIRST ONE
Largest movements
- Tangible fixed assets +€3,886
up €3,886 (+74.7%), from €5,200 to €9,086
of which Furniture and vehicles: +€4,120
- Cash +€2,050
up €2,050 (+3607.8%), from €57 to €2,107
mainly Net result for the year (+€10,220) and Depreciation (+€2,577)
- Receivables within one year -€1,718
down €1,718 (-33.2%), from €5,181 to €3,462
of which Other amounts receivable: -€1,691
- Stocks and contracts +€334
new in 2025: €334
- Profit (loss) carried forward +€10,220
up €10,220 (+21.3%), from -€48,070 to -€37,850
- Other debts -€6,245
down €6,245 (-17.8%), from €35,009 to €28,764
- Tax, wage and social debts +€1,128
new in 2025: €1,128
- Trade debts -€551
down €551 (-18.0%), from €3,058 to €2,508
- Gross operating margin +€12,369
up €12,369 (+648.0%), from €1,909 to €14,277
- Depreciation +€1,185
up €1,185 (+85.1%), from €1,392 to €2,577
- Financial charges +€356
up €356 (+471.1%), from €76 to €431
- Other operating charges +€251
up €251 (+31.5%), from €798 to €1,049
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 | €10,457 | €15,009 | +€4,552 | +43.5% |
| Fixed assets | 21/28 | €5,220 | €9,106 | +€3,886 | +74.4% |
| Tangible fixed assets | 22/27 | €5,200 | €9,086 | +€3,886 | +74.7% |
| Plant, machinery and equipment | 23 | €920 | €686 | -€234 | -25.4% |
| Furniture and vehicles | 24 | €4,280 | €8,400 | +€4,120 | +96.3% |
| Financial fixed assets | 28 | €20 | €20 | = | 0.0% |
| Current assets | 29/58 | €5,237 | €5,904 | +€666 | +12.7% |
| Stocks and contracts in progress | 3 | - | €334 | +€334 | |
| Stocks | 30/36 | - | €334 | +€334 | |
| Amounts receivable within one year | 40/41 | €5,181 | €3,462 | -€1,718 | -33.2% |
| Trade receivables | 40 | €3,380 | €3,352 | -€28 | -0.8% |
| Other amounts receivable | 41 | €1,801 | €110 | -€1,691 | -93.9% |
| Cash at bank and in hand | 54/58 | €57 | €2,107 | +€2,050 | +3607.8% |
| Total equity and liabilities | 10/49 | €10,457 | €15,009 | +€4,552 | +43.5% |
| Equity | 10/15 | -€27,610 | -€17,390 | +€10,220 | +37.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€48,070 | -€37,850 | +€10,220 | +21.3% |
| Amounts payable | 17/49 | €38,067 | €32,399 | -€5,668 | -14.9% |
| Amounts payable within one year | 42/48 | €38,067 | €32,399 | -€5,668 | -14.9% |
| Trade debts | 44 | €3,058 | €2,508 | -€551 | -18.0% |
| Suppliers | 440/4 | €3,058 | €2,508 | -€551 | -18.0% |
| Taxes, remuneration and social security | 45 | - | €1,128 | +€1,128 | |
| Taxes | 450/3 | - | €1,128 | +€1,128 | |
| Other amounts payable | 47/48 | €35,009 | €28,764 | -€6,245 | -17.8% |
| Non-recurring operating income | 76A | - | €968 | +€968 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,392 | €2,577 | +€1,185 | +85.1% |
| Other operating charges | 640/8 | €798 | €1,049 | +€251 | +31.5% |
| Gross operating margin | 9900 | €1,909 | €14,277 | +€12,369 | +648.0% |
| Operating profit (loss) | 9901 | -€281 | €10,652 | +€10,933 | |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €76 | €431 | +€356 | +471.1% |
| Recurring financial charges | 65 | €76 | €431 | +€356 | +471.1% |
| Profit (loss) for the period before taxes | 9903 | -€357 | €10,220 | +€10,577 | |
| Profit (loss) for the period | 9904 | -€357 | €10,220 | +€10,577 | |
| Profit (loss) for the period to be appropriated | 9905 | -€357 | €10,220 | +€10,577 |
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 3 October 2026 via checked.be.