Be-Zen30: 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-Zen30
Largest movements
- Tangible fixed assets +€773,090
up €773,090 (+733.6%), from €105,382 to €878,472
of which Land and buildings: +€420,185
- Cash -€292,596
down €292,596 (-27.9%), from €1.0m to €755,064
mainly Investment in fixed assets (net) (-€785,013) and Trade debts (-€10,003)
- Profit (loss) carried forward +€373,779
up €373,779, from -€80,616 to €293,163
- Tax, wage and social debts +€145,518
new in 2025: €145,518
- Reserves -€26,295
down €26,295 (-3.5%), from €761,561 to €735,266
of which Tax-exempt reserves: -€26,295
- Gross operating margin -€242,687
down €242,687 (-28.7%), from €845,713 to €603,026
- Taxes +€146,362
up €146,362, from €0 to €146,362
- Other operating charges +€90,361
up €90,361 (+1024.6%), from €8,819 to €99,180
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 | €1,153,761 | €1,633,536 | +€479,775 | +41.6% |
| Fixed assets | 21/28 | €105,382 | €878,472 | +€773,090 | +733.6% |
| Tangible fixed assets | 22/27 | €105,382 | €878,472 | +€773,090 | +733.6% |
| Land and buildings | 22 | €105,382 | €525,568 | +€420,185 | +398.7% |
| Plant, machinery and equipment | 23 | - | €352,905 | +€352,905 | |
| Furniture and vehicles | 24 | €0 | - | = | |
| Current assets | 29/58 | €1,048,379 | €755,064 | -€293,315 | -28.0% |
| Amounts receivable within one year | 40/41 | €719 | €0 | -€719 | -100.0% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €719 | €0 | -€719 | -100.0% |
| Cash at bank and in hand | 54/58 | €1,047,659 | €755,064 | -€292,596 | -27.9% |
| Total equity and liabilities | 10/49 | €1,153,761 | €1,633,536 | +€479,775 | +41.6% |
| Equity | 10/15 | €1,003,245 | €1,350,728 | +€347,484 | +34.6% |
| Contributions | 10/11 | €322,300 | €322,300 | = | 0.0% |
| Capital | 10 | €322,300 | €322,300 | = | 0.0% |
| Issued capital | 100 | €322,300 | €322,300 | = | 0.0% |
| Reserves | 13 | €761,561 | €735,266 | -€26,295 | -3.5% |
| Non-distributable reserves | 130/1 | €2,593 | €2,593 | = | 0.0% |
| Legal reserve | 130 | €2,593 | €2,593 | = | 0.0% |
| Tax-exempt reserves | 132 | €758,968 | €732,673 | -€26,295 | -3.5% |
| Profit (loss) carried forward | 14 | -€80,616 | €293,163 | +€373,779 | |
| Amounts payable | 17/49 | €150,517 | €282,808 | +€132,291 | +87.9% |
| Amounts payable after more than one year | 17 | €25,607 | €20,775 | -€4,832 | -18.9% |
| Financial debts | 170/4 | €25,607 | €20,775 | -€4,832 | -18.9% |
| Amounts payable within one year | 42/48 | €124,909 | €262,033 | +€137,124 | +109.8% |
| Current portion of amounts payable after more than one year | 42 | €4,736 | €4,832 | +€96 | +2.0% |
| Trade debts | 44 | €11,418 | €1,415 | -€10,003 | -87.6% |
| Suppliers | 440/4 | €11,418 | €0 | -€11,418 | -100.0% |
| Bills of exchange payable | 441 | - | €1,415 | +€1,415 | |
| Taxes, remuneration and social security | 45 | - | €145,518 | +€145,518 | |
| Taxes | 450/3 | - | €145,518 | +€145,518 | |
| Other amounts payable | 47/48 | €108,755 | €110,267 | +€1,512 | +1.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,823 | €11,923 | -€901 | -7.0% |
| Other operating charges | 640/8 | €8,819 | €99,180 | +€90,361 | +1024.6% |
| Gross operating margin | 9900 | €845,713 | €603,026 | -€242,687 | -28.7% |
| Operating profit (loss) | 9901 | €824,071 | €491,924 | -€332,147 | -40.3% |
| Financial income | 75/76B | €2,398 | €2,811 | +€413 | +17.2% |
| Recurring financial income | 75 | €2,398 | €2,811 | +€413 | +17.2% |
| Financial charges | 65/66B | €984 | €889 | -€94 | -9.6% |
| Recurring financial charges | 65 | €984 | €889 | -€94 | -9.6% |
| Profit (loss) for the period before taxes | 9903 | €825,485 | €493,845 | -€331,640 | -40.2% |
| Income taxes | 67/77 | €0 | €146,362 | +€146,362 | |
| Profit (loss) for the period | 9904 | €825,485 | €347,484 | -€478,002 | -57.9% |
| Transfer from tax-exempt reserves | 789 | - | €26,295 | +€26,295 | |
| Transfer to tax-exempt reserves | 689 | €758,968 | - | -€758,968 | |
| Profit (loss) for the period to be appropriated | 9905 | €66,517 | €373,779 | +€307,262 | +461.9% |
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 11 October 2026 via checked.be.