BE-MIE: 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-MIE
Largest movements
- Financial fixed assets -€805,183
down €805,183 (-43.5%), from €1.9m to €1.0m
- Reserves -€379,740
down €379,740 (-36.7%), from €1.0m to €655,759
- Debts after one year -€260,000
down €260,000 (-100%), from €260,000 to €0
- Current portion of long-term debt -€100,000
down €100,000 (-100%), from €100,000 to €0
- Profit (loss) carried forward -€33,501
new in 2025: -€33,501
- Other debts -€28,250
down €28,250 (-16.3%), from €173,582 to €145,332
- Financial charges +€552,365
up €552,365 (+8,551%), from €6,460 to €558,825
of which Non-recurring financial charges: +€555,183
- Financial income +€136,182
up €136,182 (+3,479%), from €3,914 to €140,096
- Purchases and services -€13,823
down €13,823 (-33.1%), from €41,758 to €27,935
- Turnover -€8,842
down €8,842 (-12.5%), from €70,820 to €61,978
- Gross operating margin +€7,828
up €7,828 (+21.5%), from €36,482 to €44,310
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 | €2,185,535 | €1,375,101 | -€810,434 | -37.1% |
| Fixed assets | 21/28 | €2,143,490 | €1,333,839 | -€809,651 | -37.8% |
| Tangible fixed assets | 22/27 | €293,490 | €289,022 | -€4,468 | -1.5% |
| Land and buildings | 22 | €265,864 | €265,669 | -€195 | -0.1% |
| Furniture and vehicles | 24 | €15,820 | €11,547 | -€4,273 | -27.0% |
| Other tangible fixed assets | 26 | €11,806 | €11,806 | -€0 | 0.0% |
| Financial fixed assets | 28 | €1,850,000 | €1,044,817 | -€805,183 | -43.5% |
| Current assets | 29/58 | €42,045 | €41,262 | -€783 | -1.9% |
| Amounts receivable within one year | 40/41 | €6,828 | €26,970 | +€20,142 | +295% |
| Trade receivables | 40 | €2,828 | €5,130 | +€2,302 | +81.4% |
| Other amounts receivable | 41 | €4,001 | €21,839 | +€17,838 | +446% |
| Cash at bank and in hand | 54/58 | €29,933 | €14,073 | -€15,860 | -53.0% |
| Deferred charges and accrued income | 490/1 | €5,284 | €220 | -€5,064 | -95.8% |
| Total equity and liabilities | 10/49 | €2,185,535 | €1,375,101 | -€810,434 | -37.1% |
| Equity | 10/15 | €1,640,155 | €1,226,914 | -€413,241 | -25.2% |
| Contributions | 10/11 | €604,656 | €604,656 | -€0 | 0.0% |
| Reserves | 13 | €1,035,499 | €655,759 | -€379,740 | -36.7% |
| Distributable reserves | 133 | €1,035,499 | €655,759 | -€379,740 | -36.7% |
| Profit (loss) carried forward | 14 | - | -€33,501 | -€33,501 | |
| Amounts payable | 17/49 | €545,380 | €148,187 | -€397,193 | -72.8% |
| Amounts payable after more than one year | 17 | €260,000 | €0 | -€260,000 | -100% |
| Financial debts | 170/4 | €260,000 | €0 | -€260,000 | -100% |
| Amounts payable within one year | 42/48 | €285,380 | €148,187 | -€137,193 | -48.1% |
| Current portion of amounts payable after more than one year | 42 | €100,000 | €0 | -€100,000 | -100% |
| Trade debts | 44 | €1,873 | €441 | -€1,432 | -76.5% |
| Suppliers | 440/4 | €1,873 | €441 | -€1,432 | -76.5% |
| Taxes, remuneration and social security | 45 | €9,925 | €2,415 | -€7,510 | -75.7% |
| Taxes | 450/3 | €9,925 | €2,415 | -€7,510 | -75.7% |
| Other amounts payable | 47/48 | €173,582 | €145,332 | -€28,250 | -16.3% |
| Turnover | 70 | €70,820 | €61,978 | -€8,842 | -12.5% |
| Non-recurring operating income | 76A | - | €2,986 | +€2,986 | |
| Goods, raw materials, services and sundry goods | 60/61 | €41,758 | €27,935 | -€13,823 | -33.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,073 | €4,467 | +€394 | +9.7% |
| Other operating charges | 640/8 | €3,093 | €1,161 | -€1,932 | -62.5% |
| Non-recurring operating charges | 66A | - | €27,000 | +€27,000 | |
| Gross operating margin | 9900 | €36,482 | €44,310 | +€7,828 | +21.5% |
| Operating profit (loss) | 9901 | €29,316 | €11,682 | -€17,634 | -60.2% |
| Financial income | 75/76B | €3,914 | €140,096 | +€136,182 | +3,479% |
| Recurring financial income | 75 | €3,914 | €140,096 | +€136,182 | +3,479% |
| Financial charges | 65/66B | €6,460 | €558,825 | +€552,365 | +8,551% |
| Recurring financial charges | 65 | €6,460 | €3,642 | -€2,818 | -43.6% |
| Non-recurring financial charges | 66B | - | €555,183 | +€555,183 | |
| Profit (loss) for the period before taxes | 9903 | €26,771 | -€407,047 | -€433,818 | |
| Income taxes | 67/77 | €9,249 | €6,194 | -€3,055 | -33.0% |
| Profit (loss) for the period | 9904 | €17,522 | -€413,241 | -€430,763 | |
| Transfer from tax-exempt reserves | 789 | €0 | - | = | |
| Profit (loss) for the period to be appropriated | 9905 | €17,522 | -€413,241 | -€430,763 |
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 22 October 2026 via checked.be.