BE.SURE: 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.SURE
Largest movements
- Cash +€98,949
up €98,949 (+83.4%), from €118,590 to €217,539
mainly Debts after one year (+€80,000) and Receivables within one year (+€35,582)
- Receivables within one year -€35,582
down €35,582 (-11.7%), from €303,907 to €268,325
of which Trade receivables: -€55,021
- Tangible fixed assets -€5,846
down €5,846 (-7.5%), from €78,054 to €72,208
of which Furniture and vehicles: -€3,517
- Debts after one year +€80,000
up €80,000 (+164.6%), from €48,601 to €128,601
of which Financial debts: +€80,000
- Trade debts -€48,450
down €48,450 (-79.2%), from €61,150 to €12,700
- Reserves +€33,900
up €33,900 (+11.0%), from €307,674 to €341,575
- Tax, wage and social debts -€8,011
down €8,011 (-8.6%), from €92,690 to €84,679
of which Remuneration and social security: -€4,852
- Gross operating margin -€114,216
down €114,216 (-17.4%), from €657,144 to €542,929
- Taxes -€33,618
down €33,618 (-57.4%), from €58,518 to €24,900
- Staff costs -€32,638
down €32,638 (-7.0%), from €466,279 to €433,641
- Depreciation +€9,472
up €9,472 (+65.5%), from €14,466 to €23,938
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 | €520,730 | €578,516 | +€57,786 | +11.1% |
| Fixed assets | 21/28 | €79,154 | €73,308 | -€5,846 | -7.4% |
| Tangible fixed assets | 22/27 | €78,054 | €72,208 | -€5,846 | -7.5% |
| Plant, machinery and equipment | 23 | €3,518 | €1,189 | -€2,329 | -66.2% |
| Furniture and vehicles | 24 | €74,536 | €71,018 | -€3,517 | -4.7% |
| Financial fixed assets | 28 | €1,100 | €1,100 | = | 0.0% |
| Current assets | 29/58 | €441,577 | €505,209 | +€63,632 | +14.4% |
| Amounts receivable within one year | 40/41 | €303,907 | €268,325 | -€35,582 | -11.7% |
| Trade receivables | 40 | €273,313 | €218,292 | -€55,021 | -20.1% |
| Other amounts receivable | 41 | €30,594 | €50,033 | +€19,439 | +63.5% |
| Cash at bank and in hand | 54/58 | €118,590 | €217,539 | +€98,949 | +83.4% |
| Deferred charges and accrued income | 490/1 | €19,079 | €19,345 | +€265 | +1.4% |
| Total equity and liabilities | 10/49 | €520,730 | €578,516 | +€57,786 | +11.1% |
| Equity | 10/15 | €317,674 | €351,575 | +€33,900 | +10.7% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €307,674 | €341,575 | +€33,900 | +11.0% |
| Distributable reserves | 133 | €307,674 | €341,575 | +€33,900 | +11.0% |
| Amounts payable | 17/49 | €203,056 | €226,942 | +€23,886 | +11.8% |
| Amounts payable after more than one year | 17 | €48,601 | €128,601 | +€80,000 | +164.6% |
| Financial debts | 170/4 | - | €80,000 | +€80,000 | |
| Other amounts payable | 178/9 | €48,601 | €48,601 | = | 0.0% |
| Amounts payable within one year | 42/48 | €154,416 | €98,129 | -€56,287 | -36.5% |
| Trade debts | 44 | €61,150 | €12,700 | -€48,450 | -79.2% |
| Suppliers | 440/4 | €61,150 | €12,700 | -€48,450 | -79.2% |
| Taxes, remuneration and social security | 45 | €92,690 | €84,679 | -€8,011 | -8.6% |
| Taxes | 450/3 | €36,460 | €33,300 | -€3,159 | -8.7% |
| Remuneration and social security | 454/9 | €56,230 | €51,379 | -€4,852 | -8.6% |
| Other amounts payable | 47/48 | €576 | €750 | +€175 | +30.3% |
| Accrued charges and deferred income | 492/3 | €39 | €211 | +€173 | +444.1% |
| Non-recurring operating income | 76A | €6,021 | €4,117 | -€1,904 | -31.6% |
| Remuneration, social security and pensions | 62 | €466,279 | €433,641 | -€32,638 | -7.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,466 | €23,938 | +€9,472 | +65.5% |
| Other operating charges | 640/8 | €2,412 | €1,767 | -€645 | -26.7% |
| Non-recurring operating charges | 66A | - | €18,892 | +€18,892 | |
| Gross operating margin | 9900 | €657,144 | €542,929 | -€114,216 | -17.4% |
| Operating profit (loss) | 9901 | €173,987 | €64,691 | -€109,296 | -62.8% |
| Financial income | 75/76B | €3 | €1 | -€2 | -57.6% |
| Recurring financial income | 75 | €3 | €1 | -€2 | -57.6% |
| Financial charges | 65/66B | €4,833 | €5,892 | +€1,059 | +21.9% |
| Recurring financial charges | 65 | €4,833 | €5,892 | +€1,059 | +21.9% |
| Profit (loss) for the period before taxes | 9903 | €169,158 | €58,801 | -€110,358 | -65.2% |
| Income taxes | 67/77 | €58,518 | €24,900 | -€33,618 | -57.4% |
| Profit (loss) for the period | 9904 | €110,640 | €33,900 | -€76,740 | -69.4% |
| Profit (loss) for the period to be appropriated | 9905 | €110,640 | €33,900 | -€76,740 | -69.4% |
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.