BE PROJETS: 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 PROJETS
Largest movements
- Receivables within one year -€50,478
down €50,478 (-47.4%), from €106,579 to €56,102
of which Trade receivables: -€54,269
- Tangible fixed assets +€6,155
new in 2025: €6,155
- Cash +€5,092
up €5,092 (+51.2%), from €9,937 to €15,029
mainly Receivables within one year (+€50,478) and Net result for the year (+€20,313)
- Trade debts -€47,861
down €47,861 (-56.3%), from €85,076 to €37,215
- Profit (loss) carried forward +€20,313
up €20,313 (+269.7%), from €7,531 to €27,844
- Advances received -€19,407
down €19,407 (-92.8%), from €20,907 to €1,500
- Tax, wage and social debts +€9,452
up €9,452 (+2361.0%), from €400 to €9,853
- Other debts -€1,500
no longer reported in 2025 (was €1,500)
- Gross operating margin +€15,511
up €15,511 (+128.8%), from €12,040 to €27,551
- Taxes +€10,499
up €10,499 (+2622.4%), from €400 to €10,899
- Financial income +€5,268
up €5,268 (+349.2%), from €1,509 to €6,777
- Financial charges -€4,658
down €4,658 (-73.7%), from €6,324 to €1,665
- Depreciation +€663
new in 2025: €663
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 | €117,414 | €78,412 | -€39,002 | -33.2% |
| Fixed assets | 21/28 | €175 | €6,330 | +€6,155 | +3517.3% |
| Tangible fixed assets | 22/27 | - | €6,155 | +€6,155 | |
| Plant, machinery and equipment | 23 | - | €6,155 | +€6,155 | |
| Financial fixed assets | 28 | €175 | €175 | = | 0.0% |
| Current assets | 29/58 | €117,239 | €72,082 | -€45,157 | -38.5% |
| Amounts receivable within one year | 40/41 | €106,579 | €56,102 | -€50,478 | -47.4% |
| Trade receivables | 40 | €75,170 | €20,901 | -€54,269 | -72.2% |
| Other amounts receivable | 41 | €31,410 | €35,200 | +€3,791 | +12.1% |
| Cash at bank and in hand | 54/58 | €9,937 | €15,029 | +€5,092 | +51.2% |
| Deferred charges and accrued income | 490/1 | €723 | €951 | +€229 | +31.7% |
| Total equity and liabilities | 10/49 | €117,414 | €78,412 | -€39,002 | -33.2% |
| Equity | 10/15 | €9,531 | €29,844 | +€20,313 | +213.1% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Outside capital | 11 | €2,000 | €2,000 | = | 0.0% |
| Other | 1109/19 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €7,531 | €27,844 | +€20,313 | +269.7% |
| Amounts payable | 17/49 | €107,883 | €48,568 | -€59,315 | -55.0% |
| Amounts payable within one year | 42/48 | €107,883 | €48,568 | -€59,315 | -55.0% |
| Trade debts | 44 | €85,076 | €37,215 | -€47,861 | -56.3% |
| Suppliers | 440/4 | €85,076 | €37,215 | -€47,861 | -56.3% |
| Advances received on contracts in progress | 46 | €20,907 | €1,500 | -€19,407 | -92.8% |
| Taxes, remuneration and social security | 45 | €400 | €9,853 | +€9,452 | +2361.0% |
| Taxes | 450/3 | €400 | €9,853 | +€9,452 | +2361.0% |
| Other amounts payable | 47/48 | €1,500 | - | -€1,500 | |
| Remuneration, social security and pensions | 62 | €255 | - | -€255 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €663 | +€663 | |
| Other operating charges | 640/8 | €150 | €787 | +€637 | +424.7% |
| Gross operating margin | 9900 | €12,040 | €27,551 | +€15,511 | +128.8% |
| Operating profit (loss) | 9901 | €11,634 | €26,101 | +€14,467 | +124.3% |
| Financial income | 75/76B | €1,509 | €6,777 | +€5,268 | +349.2% |
| Recurring financial income | 75 | €1,509 | €6,777 | +€5,268 | +349.2% |
| Financial charges | 65/66B | €6,324 | €1,665 | -€4,658 | -73.7% |
| Recurring financial charges | 65 | €6,324 | €1,665 | -€4,658 | -73.7% |
| Profit (loss) for the period before taxes | 9903 | €6,819 | €31,213 | +€24,393 | +357.7% |
| Income taxes | 67/77 | €400 | €10,899 | +€10,499 | +2622.4% |
| Profit (loss) for the period | 9904 | €6,419 | €20,313 | +€13,894 | +216.5% |
| Profit (loss) for the period to be appropriated | 9905 | €6,419 | €20,313 | +€13,894 | +216.5% |
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 4 October 2026 via checked.be.