Be Lo: 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 Lo
Largest movements
- Receivables within one year +€61,010
up €61,010 (+136%), from €44,765 to €105,775
of which Other amounts receivable: +€64,339
- Cash -€23,144
down €23,144 (-51.8%), from €44,675 to €21,531
mainly Receivables within one year (-€61,010) and Tax, wage and social debts (-€7,358)
- Deferred charges and accrued income +€4,000
new in 2025: €4,000
- Stocks and contracts +€2,862
up €2,862 (+6.4%), from €45,042 to €47,904
- Reserves +€42,751
up €42,751 (+56.3%), from €75,975 to €118,726
- Trade debts +€9,557
up €9,557 (+1,084%), from €882 to €10,439
- Tax, wage and social debts -€7,358
down €7,358 (-62.0%), from €11,859 to €4,501
- Gross operating margin +€10,008
up €10,008 (+21.7%), from €46,077 to €56,085
- Taxes +€3,355
up €3,355 (+25.8%), from €12,986 to €16,341
- Financial income +€2,289
up €2,289 (+301%), from €760 to €3,048
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.
Derived cash bridge
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 | €137,296 | €182,030 | +€44,734 | +32.6% |
| Fixed assets | 21/28 | €2,813 | €2,820 | +€6 | +0.2% |
| Financial fixed assets | 28 | €2,813 | €2,820 | +€6 | +0.2% |
| Current assets | 29/58 | €134,483 | €179,210 | +€44,728 | +33.3% |
| Stocks and contracts in progress | 3 | €45,042 | €47,904 | +€2,862 | +6.4% |
| Stocks | 30/36 | €45,042 | €47,904 | +€2,862 | +6.4% |
| Amounts receivable within one year | 40/41 | €44,765 | €105,775 | +€61,010 | +136% |
| Trade receivables | 40 | €9,212 | €5,882 | -€3,329 | -36.1% |
| Other amounts receivable | 41 | €35,554 | €99,893 | +€64,339 | +181% |
| Cash at bank and in hand | 54/58 | €44,675 | €21,531 | -€23,144 | -51.8% |
| Deferred charges and accrued income | 490/1 | - | €4,000 | +€4,000 | |
| Total equity and liabilities | 10/49 | €137,296 | €182,030 | +€44,734 | +32.6% |
| Equity | 10/15 | €124,339 | €167,090 | +€42,751 | +34.4% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €75,975 | €118,726 | +€42,751 | +56.3% |
| Distributable reserves | 133 | €75,975 | €118,726 | +€42,751 | +56.3% |
| Profit (loss) carried forward | 14 | €35,964 | €35,964 | = | 0.0% |
| Amounts payable | 17/49 | €12,957 | €14,940 | +€1,983 | +15.3% |
| Amounts payable within one year | 42/48 | €12,957 | €14,940 | +€1,983 | +15.3% |
| Trade debts | 44 | €882 | €10,439 | +€9,557 | +1,084% |
| Suppliers | 440/4 | €882 | €10,439 | +€9,557 | +1,084% |
| Taxes, remuneration and social security | 45 | €11,859 | €4,501 | -€7,358 | -62.0% |
| Taxes | 450/3 | €11,859 | €4,501 | -€7,358 | -62.0% |
| Other amounts payable | 47/48 | €216 | - | -€216 | |
| Gross operating margin | 9900 | €46,077 | €56,085 | +€10,008 | +21.7% |
| Operating profit (loss) | 9901 | €46,077 | €56,085 | +€10,008 | +21.7% |
| Financial income | 75/76B | €760 | €3,048 | +€2,289 | +301% |
| Recurring financial income | 75 | €760 | €3,048 | +€2,289 | +301% |
| Financial charges | 65/66B | €52 | €42 | -€10 | -18.8% |
| Recurring financial charges | 65 | €52 | €42 | -€10 | -18.8% |
| Profit (loss) for the period before taxes | 9903 | €46,785 | €59,091 | +€12,307 | +26.3% |
| Income taxes | 67/77 | €12,986 | €16,341 | +€3,355 | +25.8% |
| Profit (loss) for the period | 9904 | €33,799 | €42,751 | +€8,952 | +26.5% |
| Profit (loss) for the period to be appropriated | 9905 | €33,799 | €42,751 | +€8,952 | +26.5% |
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 28 October 2026 via checked.be.