BE SITED: 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 SITED
Largest movements
- Receivables within one year -€272
down €272 (-14.9%), from €1,833 to €1,561
- Other debts -€693
down €693 (-56.1%), from €1,235 to €542
- Profit (loss) carried forward +€336
up €336 (+19.3%), from -€1,737 to -€1,401
- Write-downs -€914
no longer reported in 2025 (was €914)
- Gross operating margin -€901
down €901 (-66.4%), from €1,357 to €456
- Turnover -€350
down €350 (-24.4%), from €1,435 to €1,085
- Purchases and services -€149
down €149 (-11.7%), from €1,278 to €1,128
- Financial charges +€51
up €51 (+10.9%), from €466 to €517
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 | €20,273 | €19,996 | -€277 | -1.4% |
| Current assets | 29/58 | €20,273 | €19,996 | -€277 | -1.4% |
| Stocks and contracts in progress | 3 | €17,662 | €17,662 | = | 0.0% |
| Stocks | 30/36 | €17,662 | €17,662 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €1,833 | €1,561 | -€272 | -14.9% |
| Trade receivables | 40 | €1,833 | €1,561 | -€272 | -14.9% |
| Cash at bank and in hand | 54/58 | €65 | €51 | -€14 | -21.8% |
| Deferred charges and accrued income | 490/1 | €713 | €723 | +€9 | +1.3% |
| Total equity and liabilities | 10/49 | €20,273 | €19,996 | -€277 | -1.4% |
| Equity | 10/15 | €16,863 | €17,199 | +€336 | +2.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,737 | -€1,401 | +€336 | +19.3% |
| Amounts payable | 17/49 | €3,410 | €2,797 | -€613 | -18.0% |
| Amounts payable within one year | 42/48 | €3,410 | €2,797 | -€613 | -18.0% |
| Financial debts | 43 | €2,175 | €2,101 | -€74 | -3.4% |
| Credit institutions | 430/8 | €2,175 | €2,101 | -€74 | -3.4% |
| Trade debts | 44 | - | €154 | +€154 | |
| Suppliers | 440/4 | - | €154 | +€154 | |
| Other amounts payable | 47/48 | €1,235 | €542 | -€693 | -56.1% |
| Turnover | 70 | €1,435 | €1,085 | -€350 | -24.4% |
| Non-recurring operating income | 76A | €1,200 | - | -€1,200 | |
| Goods, raw materials, services and sundry goods | 60/61 | €1,278 | €1,128 | -€149 | -11.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €914 | - | -€914 | |
| Gross operating margin | 9900 | €1,357 | €456 | -€901 | -66.4% |
| Operating profit (loss) | 9901 | €444 | €456 | +€13 | +2.8% |
| Financial income | 75/76B | €397 | €397 | = | 0.0% |
| Recurring financial income | 75 | €397 | €397 | = | 0.0% |
| Non-recurring financial income | 76B | €397 | €397 | = | 0.0% |
| Financial charges | 65/66B | €466 | €517 | +€51 | +10.9% |
| Recurring financial charges | 65 | €466 | €517 | +€51 | +10.9% |
| Profit (loss) for the period before taxes | 9903 | €374 | €336 | -€38 | -10.3% |
| Profit (loss) for the period | 9904 | €374 | €336 | -€38 | -10.3% |
| Profit (loss) for the period to be appropriated | 9905 | €374 | €336 | -€38 | -10.3% |
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 17 October 2026 via checked.be.