BE UP: 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 UP
Largest movements
- Cash -€121,659
down €121,659 (-50.9%), from €239,036 to €117,377
mainly Contributions, distributions and other (-€100,000) and Receivables within one year (-€83,060)
- Receivables within one year +€83,060
up €83,060 (+144.9%), from €57,308 to €140,367
- Tangible fixed assets -€34,532
down €34,532 (-43.5%), from €79,351 to €44,819
of which Furniture and vehicles: -€31,951
- Current investments +€7,500
up €7,500 (+60.0%), from €12,500 to €20,000
- Other debts -€23,490
down €23,490 (-17.4%), from €134,883 to €111,392
- Tax, wage and social debts -€21,419
down €21,419 (-28.2%), from €75,954 to €54,535
of which Taxes: -€22,152
- Debts after one year -€12,938
down €12,938 (-59.1%), from €21,876 to €8,938
- Profit (loss) carried forward -€9,726
down €9,726 (-7.2%), from €134,282 to €124,556
- Gross operating margin +€5,726
up €5,726 (+2.0%), from €279,554 to €285,279
- Taxes +€3,422
up €3,422 (+12.0%), from €28,573 to €31,995
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 | €390,350 | €324,040 | -€66,310 | -17.0% |
| Fixed assets | 21/28 | €79,556 | €45,024 | -€34,532 | -43.4% |
| Tangible fixed assets | 22/27 | €79,351 | €44,819 | -€34,532 | -43.5% |
| Furniture and vehicles | 24 | €61,237 | €29,286 | -€31,951 | -52.2% |
| Other tangible fixed assets | 26 | €18,114 | €15,534 | -€2,581 | -14.2% |
| Financial fixed assets | 28 | €205 | €205 | = | 0.0% |
| Current assets | 29/58 | €310,794 | €279,016 | -€31,778 | -10.2% |
| Amounts receivable within one year | 40/41 | €57,308 | €140,367 | +€83,060 | +144.9% |
| Trade receivables | 40 | €57,308 | €140,367 | +€83,060 | +144.9% |
| Current investments | 50/53 | €12,500 | €20,000 | +€7,500 | +60.0% |
| Cash at bank and in hand | 54/58 | €239,036 | €117,377 | -€121,659 | -50.9% |
| Deferred charges and accrued income | 490/1 | €1,950 | €1,271 | -€679 | -34.8% |
| Total equity and liabilities | 10/49 | €390,350 | €324,040 | -€66,310 | -17.0% |
| Equity | 10/15 | €136,282 | €126,556 | -€9,726 | -7.1% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €134,282 | €124,556 | -€9,726 | -7.2% |
| Amounts payable | 17/49 | €254,068 | €197,484 | -€56,584 | -22.3% |
| Amounts payable after more than one year | 17 | €21,876 | €8,938 | -€12,938 | -59.1% |
| Financial debts | 170/4 | €21,876 | €8,938 | -€12,938 | -59.1% |
| Amounts payable within one year | 42/48 | €232,192 | €188,546 | -€43,646 | -18.8% |
| Current portion of amounts payable after more than one year | 42 | €12,397 | €12,938 | +€541 | +4.4% |
| Trade debts | 44 | €8,958 | €9,680 | +€722 | +8.1% |
| Suppliers | 440/4 | €8,958 | €9,680 | +€722 | +8.1% |
| Taxes, remuneration and social security | 45 | €75,954 | €54,535 | -€21,419 | -28.2% |
| Taxes | 450/3 | €55,377 | €33,225 | -€22,152 | -40.0% |
| Remuneration and social security | 454/9 | €20,577 | €21,311 | +€733 | +3.6% |
| Other amounts payable | 47/48 | €134,883 | €111,392 | -€23,490 | -17.4% |
| Remuneration, social security and pensions | 62 | €111,462 | €113,743 | +€2,281 | +2.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €40,314 | €41,558 | +€1,243 | +3.1% |
| Other operating charges | 640/8 | €2,680 | €1,235 | -€1,446 | -53.9% |
| Gross operating margin | 9900 | €279,554 | €285,279 | +€5,726 | +2.0% |
| Operating profit (loss) | 9901 | €125,097 | €128,744 | +€3,647 | +2.9% |
| Financial income | 75/76B | €4 | €5 | +€1 | +29.5% |
| Recurring financial income | 75 | €4 | €5 | +€1 | +29.5% |
| Financial charges | 65/66B | €4,248 | €6,481 | +€2,233 | +52.6% |
| Recurring financial charges | 65 | €4,248 | €6,481 | +€2,233 | +52.6% |
| Profit (loss) for the period before taxes | 9903 | €120,853 | €122,269 | +€1,416 | +1.2% |
| Income taxes | 67/77 | €28,573 | €31,995 | +€3,422 | +12.0% |
| Profit (loss) for the period | 9904 | €92,280 | €90,274 | -€2,006 | -2.2% |
| Profit (loss) for the period to be appropriated | 9905 | €92,280 | €90,274 | -€2,006 | -2.2% |
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 3 October 2026 via checked.be.