BE IVAN: 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 IVAN
Largest movements
- Receivables within one year +€9,007
up €9,007 (+13.6%), from €66,161 to €75,168
of which Other amounts receivable: +€36,486
- Cash +€3,405
up €3,405 (+1100.1%), from €310 to €3,714
mainly Net result for the year (+€44,212) and Tax, wage and social debts (+€12,527)
- Trade debts -€55,728
down €55,728 (-80.5%), from €69,215 to €13,486
- Profit (loss) carried forward +€44,212
up €44,212 (+534.6%), from €8,270 to €52,482
- Tax, wage and social debts +€12,527
up €12,527 (+330.7%), from €3,788 to €16,315
- Debts after one year +€11,789
new in 2025: €11,789
- Gross operating margin +€50,649
up €50,649 (+308.8%), from €16,401 to €67,050
- Taxes +€8,739
up €8,739 (+230.7%), from €3,788 to €12,527
- Depreciation +€7,065
up €7,065 (+354.0%), from €1,996 to €9,060
- Other operating charges -€1,425
down €1,425 (-63.7%), from €2,237 to €812
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 | €86,273 | €99,073 | +€12,800 | +14.8% |
| Fixed assets | 21/28 | €19,803 | €20,191 | +€388 | +2.0% |
| Tangible fixed assets | 22/27 | €19,803 | €20,191 | +€388 | +2.0% |
| Furniture and vehicles | 24 | €19,803 | €20,191 | +€388 | +2.0% |
| Current assets | 29/58 | €66,470 | €78,882 | +€12,412 | +18.7% |
| Amounts receivable within one year | 40/41 | €66,161 | €75,168 | +€9,007 | +13.6% |
| Trade receivables | 40 | €27,479 | - | -€27,479 | |
| Other amounts receivable | 41 | €38,682 | €75,168 | +€36,486 | +94.3% |
| Cash at bank and in hand | 54/58 | €310 | €3,714 | +€3,405 | +1100.1% |
| Total equity and liabilities | 10/49 | €86,273 | €99,073 | +€12,800 | +14.8% |
| Equity | 10/15 | €13,270 | €57,482 | +€44,212 | +333.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €8,270 | €52,482 | +€44,212 | +534.6% |
| Amounts payable | 17/49 | €73,003 | €41,591 | -€31,412 | -43.0% |
| Amounts payable after more than one year | 17 | - | €11,789 | +€11,789 | |
| Financial debts | 170/4 | - | €11,789 | +€11,789 | |
| Amounts payable within one year | 42/48 | €73,003 | €29,802 | -€43,201 | -59.2% |
| Trade debts | 44 | €69,215 | €13,486 | -€55,728 | -80.5% |
| Suppliers | 440/4 | €69,215 | €13,486 | -€55,728 | -80.5% |
| Taxes, remuneration and social security | 45 | €3,788 | €16,315 | +€12,527 | +330.7% |
| Taxes | 450/3 | €3,788 | €16,315 | +€12,527 | +330.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,996 | €9,060 | +€7,065 | +354.0% |
| Other operating charges | 640/8 | €2,237 | €812 | -€1,425 | -63.7% |
| Gross operating margin | 9900 | €16,401 | €67,050 | +€50,649 | +308.8% |
| Operating profit (loss) | 9901 | €12,168 | €57,178 | +€45,010 | +369.9% |
| Financial charges | 65/66B | €110 | €439 | +€329 | +299.8% |
| Recurring financial charges | 65 | €110 | €439 | +€329 | +299.8% |
| Profit (loss) for the period before taxes | 9903 | €12,059 | €56,739 | +€44,681 | +370.5% |
| Income taxes | 67/77 | €3,788 | €12,527 | +€8,739 | +230.7% |
| Profit (loss) for the period | 9904 | €8,270 | €44,212 | +€35,942 | +434.6% |
| Profit (loss) for the period to be appropriated | 9905 | €8,270 | €44,212 | +€35,942 | +434.6% |
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 9 October 2026 via checked.be.