BE TIME: 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 TIME
Largest movements
- Tangible fixed assets +€42,680
up €42,680 (+43.0%), from €99,255 to €141,935
of which Leasing and similar rights: +€50,094
- Receivables within one year +€15,955
up €15,955 (+103.1%), from €15,476 to €31,431
- Cash +€4,688
up €4,688 (+269.6%), from €1,739 to €6,427
mainly Depreciation (+€58,519) and Debts after one year (+€34,353)
- Debts after one year +€34,353
up €34,353 (+76.0%), from €45,191 to €79,544
- Current portion of long-term debt +€19,356
up €19,356 (+68.6%), from €28,212 to €47,568
- Tax, wage and social debts +€6,552
up €6,552 (+27.4%), from €23,923 to €30,476
of which Taxes: +€5,147
- Trade debts +€6,170
up €6,170 (+26.5%), from €23,255 to €29,425
- Other debts -€6,139
down €6,139 (-23.5%), from €26,130 to €19,992
- Gross operating margin +€57,371
up €57,371 (+42.4%), from €135,248 to €192,619
- Staff costs +€28,401
up €28,401 (+37.5%), from €75,733 to €104,134
- Financial charges +€15,863
up €15,863 (+1132.5%), from €1,401 to €17,263
- Depreciation +€10,714
up €10,714 (+22.4%), from €47,805 to €58,519
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 | €120,691 | €185,042 | +€64,352 | +53.3% |
| Fixed assets | 21/28 | €99,255 | €141,935 | +€42,680 | +43.0% |
| Tangible fixed assets | 22/27 | €99,255 | €141,935 | +€42,680 | +43.0% |
| Furniture and vehicles | 24 | €10,074 | €2,660 | -€7,413 | -73.6% |
| Leasing and similar rights | 25 | €89,181 | €139,275 | +€50,094 | +56.2% |
| Current assets | 29/58 | €21,436 | €43,107 | +€21,672 | +101.1% |
| Amounts receivable within one year | 40/41 | €15,476 | €31,431 | +€15,955 | +103.1% |
| Trade receivables | 40 | €15,476 | €31,431 | +€15,955 | +103.1% |
| Cash at bank and in hand | 54/58 | €1,739 | €6,427 | +€4,688 | +269.6% |
| Deferred charges and accrued income | 490/1 | €4,221 | €5,250 | +€1,029 | +24.4% |
| Total equity and liabilities | 10/49 | €120,691 | €185,042 | +€64,352 | +53.3% |
| Equity | 10/15 | -€26,021 | -€21,961 | +€4,059 | +15.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€46,481 | -€42,421 | +€4,059 | +8.7% |
| Amounts payable | 17/49 | €146,711 | €207,004 | +€60,292 | +41.1% |
| Amounts payable after more than one year | 17 | €45,191 | €79,544 | +€34,353 | +76.0% |
| Financial debts | 170/4 | €45,191 | €79,544 | +€34,353 | +76.0% |
| Amounts payable within one year | 42/48 | €101,520 | €127,460 | +€25,940 | +25.6% |
| Current portion of amounts payable after more than one year | 42 | €28,212 | €47,568 | +€19,356 | +68.6% |
| Trade debts | 44 | €23,255 | €29,425 | +€6,170 | +26.5% |
| Suppliers | 440/4 | €23,255 | €29,425 | +€6,170 | +26.5% |
| Taxes, remuneration and social security | 45 | €23,923 | €30,476 | +€6,552 | +27.4% |
| Taxes | 450/3 | €7,221 | €12,368 | +€5,147 | +71.3% |
| Remuneration and social security | 454/9 | €16,703 | €18,108 | +€1,406 | +8.4% |
| Other amounts payable | 47/48 | €26,130 | €19,992 | -€6,139 | -23.5% |
| Remuneration, social security and pensions | 62 | €75,733 | €104,134 | +€28,401 | +37.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €47,805 | €58,519 | +€10,714 | +22.4% |
| Other operating charges | 640/8 | €8,492 | €8,586 | +€94 | +1.1% |
| Gross operating margin | 9900 | €135,248 | €192,619 | +€57,371 | +42.4% |
| Operating profit (loss) | 9901 | €3,219 | €21,380 | +€18,161 | +564.2% |
| Financial income | 75/76B | - | €13 | +€13 | |
| Recurring financial income | 75 | - | €13 | +€13 | |
| Financial charges | 65/66B | €1,401 | €17,263 | +€15,863 | +1132.5% |
| Recurring financial charges | 65 | €1,401 | €17,263 | +€15,863 | +1132.5% |
| Profit (loss) for the period before taxes | 9903 | €1,818 | €4,130 | +€2,312 | +127.2% |
| Income taxes | 67/77 | - | €71 | +€71 | |
| Profit (loss) for the period | 9904 | €1,818 | €4,059 | +€2,241 | +123.3% |
| Profit (loss) for the period to be appropriated | 9905 | €1,818 | €4,059 | +€2,241 | +123.3% |
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 7 October 2026 via checked.be.