Be-Tough: 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-Tough
Largest movements
- Receivables within one year +€137,782
up €137,782 (+87.3%), from €157,788 to €295,570
of which Trade receivables: +€126,679
- Cash -€27,748
down €27,748 (-93.6%), from €29,648 to €1,901
mainly Receivables within one year (-€137,782) and Debts after one year (-€6,196)
- Tangible fixed assets -€6,844
down €6,844 (-31.9%), from €21,445 to €14,600
- Profit (loss) carried forward +€75,858
up €75,858 (+108,044%), from €70 to €75,928
- Trade debts +€22,190
up €22,190 (+114%), from €19,519 to €41,709
- Tax, wage and social debts +€11,123
up €11,123 (+62.9%), from €17,684 to €28,807
- Debts after one year -€6,196
down €6,196 (-43.2%), from €14,351 to €8,155
- Gross operating margin +€26,428
up €26,428 (+31.2%), from €84,611 to €111,039
- Other operating charges -€5,526
down €5,526 (-83.4%), from €6,625 to €1,099
- Taxes +€4,391
up €4,391 (+18.9%), from €23,252 to €27,643
- Depreciation -€2,600
down €2,600 (-26.4%), from €9,858 to €7,258
- Financial income +€1,184
up €1,184 (+93.9%), from €1,261 to €2,445
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 | €209,166 | €312,418 | +€103,252 | +49.4% |
| Fixed assets | 21/28 | €21,445 | €14,600 | -€6,844 | -31.9% |
| Tangible fixed assets | 22/27 | €21,445 | €14,600 | -€6,844 | -31.9% |
| Furniture and vehicles | 24 | €21,445 | €14,600 | -€6,844 | -31.9% |
| Current assets | 29/58 | €187,721 | €297,817 | +€110,096 | +58.6% |
| Amounts receivable within one year | 40/41 | €157,788 | €295,570 | +€137,782 | +87.3% |
| Trade receivables | 40 | €122,545 | €249,224 | +€126,679 | +103% |
| Other amounts receivable | 41 | €35,242 | €46,346 | +€11,104 | +31.5% |
| Cash at bank and in hand | 54/58 | €29,648 | €1,901 | -€27,748 | -93.6% |
| Deferred charges and accrued income | 490/1 | €285 | €347 | +€61 | +21.4% |
| Total equity and liabilities | 10/49 | €209,166 | €312,418 | +€103,252 | +49.4% |
| Equity | 10/15 | €131,693 | €207,550 | +€75,858 | +57.6% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €119,223 | €119,223 | = | 0.0% |
| Distributable reserves | 133 | €119,223 | €119,223 | = | 0.0% |
| Profit (loss) carried forward | 14 | €70 | €75,928 | +€75,858 | +108,044% |
| Amounts payable | 17/49 | €77,473 | €104,867 | +€27,394 | +35.4% |
| Amounts payable after more than one year | 17 | €14,351 | €8,155 | -€6,196 | -43.2% |
| Financial debts | 170/4 | €14,351 | €8,155 | -€6,196 | -43.2% |
| Amounts payable within one year | 42/48 | €63,122 | €96,712 | +€33,590 | +53.2% |
| Current portion of amounts payable after more than one year | 42 | €25,919 | €26,196 | +€277 | +1.1% |
| Trade debts | 44 | €19,519 | €41,709 | +€22,190 | +114% |
| Suppliers | 440/4 | €19,519 | €41,709 | +€22,190 | +114% |
| Taxes, remuneration and social security | 45 | €17,684 | €28,807 | +€11,123 | +62.9% |
| Taxes | 450/3 | €17,684 | €28,807 | +€11,123 | +62.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,858 | €7,258 | -€2,600 | -26.4% |
| Other operating charges | 640/8 | €6,625 | €1,099 | -€5,526 | -83.4% |
| Gross operating margin | 9900 | €84,611 | €111,039 | +€26,428 | +31.2% |
| Operating profit (loss) | 9901 | €68,128 | €102,682 | +€34,554 | +50.7% |
| Financial income | 75/76B | €1,261 | €2,445 | +€1,184 | +93.9% |
| Recurring financial income | 75 | €1,261 | €2,445 | +€1,184 | +93.9% |
| Financial charges | 65/66B | €1,868 | €1,627 | -€241 | -12.9% |
| Recurring financial charges | 65 | €1,868 | €1,627 | -€241 | -12.9% |
| Profit (loss) for the period before taxes | 9903 | €67,521 | €103,501 | +€35,979 | +53.3% |
| Income taxes | 67/77 | €23,252 | €27,643 | +€4,391 | +18.9% |
| Profit (loss) for the period | 9904 | €44,269 | €75,858 | +€31,589 | +71.4% |
| Profit (loss) for the period to be appropriated | 9905 | €44,269 | €75,858 | +€31,589 | +71.4% |
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 25 October 2026 via checked.be.