BE-HUB: 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-HUB
Largest movements
- Tangible fixed assets -€23,805
down €23,805 (-7.8%), from €304,438 to €280,632
- Debts after one year -€19,793
down €19,793 (-7.8%), from €254,865 to €235,072
- Other debts -€4,800
down €4,800 (-14.4%), from €33,246 to €28,446
- Gross operating margin -€2,248
down €2,248 (-5.4%), from €41,818 to €39,570
- Other operating charges -€1,326
down €1,326 (-15.6%), from €8,486 to €7,159
- Taxes -€646
down €646 (-53.6%), from €1,205 to €559
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 | €309,773 | €288,282 | -€21,490 | -6.9% |
| Formation expenses | 20 | €559 | €264 | -€295 | -52.7% |
| Fixed assets | 21/28 | €304,438 | €280,632 | -€23,805 | -7.8% |
| Tangible fixed assets | 22/27 | €304,438 | €280,632 | -€23,805 | -7.8% |
| Land and buildings | 22 | €304,438 | €280,632 | -€23,805 | -7.8% |
| Current assets | 29/58 | €4,776 | €7,386 | +€2,610 | +54.7% |
| Cash at bank and in hand | 54/58 | €4,776 | €7,386 | +€2,610 | +54.7% |
| Total equity and liabilities | 10/49 | €309,773 | €288,282 | -€21,490 | -6.9% |
| Equity | 10/15 | -€8,020 | -€6,484 | +€1,537 | +19.2% |
| Contributions | 10/11 | €17,000 | €17,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€25,020 | -€23,484 | +€1,537 | +6.1% |
| Amounts payable | 17/49 | €317,793 | €294,766 | -€23,027 | -7.2% |
| Amounts payable after more than one year | 17 | €254,865 | €235,072 | -€19,793 | -7.8% |
| Financial debts | 170/4 | €254,865 | €235,072 | -€19,793 | -7.8% |
| Amounts payable within one year | 42/48 | €60,828 | €57,595 | -€3,234 | -5.3% |
| Current portion of amounts payable after more than one year | 42 | €19,373 | €19,793 | +€420 | +2.2% |
| Trade debts | 44 | €7,004 | €7,591 | +€587 | +8.4% |
| Suppliers | 440/4 | €7,004 | €7,591 | +€587 | +8.4% |
| Taxes, remuneration and social security | 45 | €1,205 | €1,765 | +€559 | +46.4% |
| Taxes | 450/3 | €1,205 | €1,765 | +€559 | +46.4% |
| Other amounts payable | 47/48 | €33,246 | €28,446 | -€4,800 | -14.4% |
| Accrued charges and deferred income | 492/3 | €2,100 | €2,100 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,100 | €24,100 | = | 0.0% |
| Other operating charges | 640/8 | €8,486 | €7,159 | -€1,326 | -15.6% |
| Gross operating margin | 9900 | €41,818 | €39,570 | -€2,248 | -5.4% |
| Operating profit (loss) | 9901 | €9,232 | €8,310 | -€921 | -10.0% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €6,609 | €6,214 | -€394 | -6.0% |
| Recurring financial charges | 65 | €6,609 | €6,214 | -€394 | -6.0% |
| Profit (loss) for the period before taxes | 9903 | €2,623 | €2,096 | -€527 | -20.1% |
| Income taxes | 67/77 | €1,205 | €559 | -€646 | -53.6% |
| Profit (loss) for the period | 9904 | €1,417 | €1,537 | +€119 | +8.4% |
| Profit (loss) for the period to be appropriated | 9905 | €1,417 | €1,537 | +€119 | +8.4% |
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 10 October 2026 via checked.be.