BE.TAX: 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.TAX
Largest movements
- Cash +€18,489
up €18,489 (+7.9%), from €232,854 to €251,343
mainly Depreciation (+€96,696) and Debts after one year (+€24,900)
- Receivables within one year +€9,493
up €9,493 (+178%), from €5,319 to €14,812
of which Other amounts receivable: +€13,866
- Deferred charges and accrued income +€6,205
new in 2025: €6,205
- Debts after one year +€24,900
up €24,900 (+628%), from €3,966 to €28,865
- Tax, wage and social debts -€17,105
down €17,105 (-23.1%), from €73,895 to €56,790
of which Taxes: -€16,359
- Reserves +€10,140
up €10,140 (+5.2%), from €195,140 to €205,280
of which Distributable reserves: +€10,140
- Accrued charges and deferred income +€6,470
new in 2025: €6,470
- Current portion of long-term debt +€4,570
up €4,570 (+39.4%), from €11,609 to €16,179
- Staff costs +€34,043
up €34,043 (+9.6%), from €355,083 to €389,127
- Gross operating margin +€30,155
up €30,155 (+6.3%), from €481,870 to €512,024
- Depreciation +€20,662
up €20,662 (+27.2%), from €76,034 to €96,696
- Taxes -€13,821
down €13,821 (-74.0%), from €18,677 to €4,856
- Other operating charges +€8,387
up €8,387 (+457%), from €1,835 to €10,222
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 | €382,259 | €414,360 | +€32,101 | +8.4% |
| Fixed assets | 21/28 | €144,086 | €141,999 | -€2,086 | -1.4% |
| Intangible fixed assets | 21 | €7,000 | €3,000 | -€4,000 | -57.1% |
| Tangible fixed assets | 22/27 | €136,656 | €138,569 | +€1,914 | +1.4% |
| Plant, machinery and equipment | 23 | €671 | €1,269 | +€598 | +89.1% |
| Furniture and vehicles | 24 | €135,984 | €137,300 | +€1,316 | +1.0% |
| Financial fixed assets | 28 | €430 | €430 | = | 0.0% |
| Current assets | 29/58 | €238,173 | €272,360 | +€34,187 | +14.4% |
| Amounts receivable within one year | 40/41 | €5,319 | €14,812 | +€9,493 | +178% |
| Trade receivables | 40 | €4,373 | - | -€4,373 | |
| Other amounts receivable | 41 | €946 | €14,812 | +€13,866 | +1,466% |
| Cash at bank and in hand | 54/58 | €232,854 | €251,343 | +€18,489 | +7.9% |
| Deferred charges and accrued income | 490/1 | - | €6,205 | +€6,205 | |
| Total equity and liabilities | 10/49 | €382,259 | €414,360 | +€32,101 | +8.4% |
| Equity | 10/15 | €221,125 | €231,272 | +€10,147 | +4.6% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Contributions outside capital | 11 | €25,000 | €25,000 | = | 0.0% |
| Other | 1109/19 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €195,140 | €205,280 | +€10,140 | +5.2% |
| Non-distributable reserves | 130/1 | €2,500 | €2,500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,500 | €2,500 | = | 0.0% |
| Distributable reserves | 133 | €192,640 | €202,780 | +€10,140 | +5.3% |
| Profit (loss) carried forward | 14 | €985 | €992 | +€7 | +0.7% |
| Amounts payable | 17/49 | €161,133 | €183,087 | +€21,954 | +13.6% |
| Amounts payable after more than one year | 17 | €3,966 | €28,865 | +€24,900 | +628% |
| Financial debts | 170/4 | €3,966 | €28,865 | +€24,900 | +628% |
| Amounts payable within one year | 42/48 | €157,168 | €147,752 | -€9,416 | -6.0% |
| Current portion of amounts payable after more than one year | 42 | €11,609 | €16,179 | +€4,570 | +39.4% |
| Trade debts | 44 | €96 | €2,146 | +€2,050 | +2,140% |
| Suppliers | 440/4 | €96 | €2,146 | +€2,050 | +2,140% |
| Taxes, remuneration and social security | 45 | €73,895 | €56,790 | -€17,105 | -23.1% |
| Taxes | 450/3 | €25,478 | €9,120 | -€16,359 | -64.2% |
| Remuneration and social security | 454/9 | €48,417 | €47,670 | -€746 | -1.5% |
| Other amounts payable | 47/48 | €71,568 | €72,636 | +€1,069 | +1.5% |
| Accrued charges and deferred income | 492/3 | - | €6,470 | +€6,470 | |
| Non-recurring operating income | 76A | €4,959 | €2,955 | -€2,003 | -40.4% |
| Remuneration, social security and pensions | 62 | €355,083 | €389,127 | +€34,043 | +9.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €76,034 | €96,696 | +€20,662 | +27.2% |
| Other operating charges | 640/8 | €1,835 | €10,222 | +€8,387 | +457% |
| Gross operating margin | 9900 | €481,870 | €512,024 | +€30,155 | +6.3% |
| Operating profit (loss) | 9901 | €48,917 | €15,979 | -€32,938 | -67.3% |
| Financial income | 75/76B | €7,167 | €1,116 | -€6,051 | -84.4% |
| Recurring financial income | 75 | €7,167 | €1,116 | -€6,051 | -84.4% |
| Financial charges | 65/66B | €797 | €2,092 | +€1,295 | +162% |
| Recurring financial charges | 65 | €797 | €2,092 | +€1,295 | +162% |
| Profit (loss) for the period before taxes | 9903 | €55,286 | €15,003 | -€40,283 | -72.9% |
| Income taxes | 67/77 | €18,677 | €4,856 | -€13,821 | -74.0% |
| Profit (loss) for the period | 9904 | €36,609 | €10,147 | -€26,462 | -72.3% |
| Profit (loss) for the period to be appropriated | 9905 | €36,609 | €10,147 | -€26,462 | -72.3% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.