Be29th: 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.
Be29th
Largest movements
- Cash +€123,799
new in 2025: €123,799
mainly Deferred charges and accrued income (+€56,509) and Net result for the year (+€40,447)
- Deferred charges and accrued income -€56,509
down €56,509 (-99.6%), from €56,750 to €241
- Receivables within one year -€26,011
down €26,011 (-99.8%), from €26,074 to €64
of which Trade receivables: -€14,449
- Tangible fixed assets +€1,380
up €1,380 (+66.5%), from €2,074 to €3,453
- Reserves +€40,447
up €40,447 (+76.6%), from €52,811 to €93,258
- Tax, wage and social debts +€4,963
up €4,963 (+20.6%), from €24,112 to €29,075
- Trade debts -€2,752
down €2,752 (-69.2%), from €3,976 to €1,224
- Gross operating margin -€18,372
down €18,372 (-24.1%), from €76,383 to €58,011
- Taxes -€4,521
down €4,521 (-21.7%), from €20,870 to €16,349
- Staff costs -€1,954
down €1,954 (-82.7%), from €2,364 to €410
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 | €84,898 | €127,557 | +€42,659 | +50.2% |
| Fixed assets | 21/28 | €2,074 | €3,453 | +€1,380 | +66.5% |
| Tangible fixed assets | 22/27 | €2,074 | €3,453 | +€1,380 | +66.5% |
| Furniture and vehicles | 24 | €2,074 | €3,453 | +€1,380 | +66.5% |
| Current assets | 29/58 | €82,824 | €124,104 | +€41,279 | +49.8% |
| Amounts receivable within one year | 40/41 | €26,074 | €64 | -€26,011 | -99.8% |
| Trade receivables | 40 | €14,484 | €35 | -€14,449 | -99.8% |
| Other amounts receivable | 41 | €11,590 | €29 | -€11,562 | -99.8% |
| Cash at bank and in hand | 54/58 | - | €123,799 | +€123,799 | |
| Deferred charges and accrued income | 490/1 | €56,750 | €241 | -€56,509 | -99.6% |
| Total equity and liabilities | 10/49 | €84,898 | €127,557 | +€42,659 | +50.2% |
| Equity | 10/15 | €56,811 | €97,258 | +€40,447 | +71.2% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €52,811 | €93,258 | +€40,447 | +76.6% |
| Distributable reserves | 133 | €52,811 | €93,258 | +€40,447 | +76.6% |
| Amounts payable | 17/49 | €28,087 | €30,299 | +€2,212 | +7.9% |
| Amounts payable within one year | 42/48 | €28,087 | €30,299 | +€2,212 | +7.9% |
| Trade debts | 44 | €3,976 | €1,224 | -€2,752 | -69.2% |
| Suppliers | 440/4 | €3,976 | €1,224 | -€2,752 | -69.2% |
| Taxes, remuneration and social security | 45 | €24,112 | €29,075 | +€4,963 | +20.6% |
| Taxes | 450/3 | €24,112 | €29,075 | +€4,963 | +20.6% |
| Remuneration, social security and pensions | 62 | €2,364 | €410 | -€1,954 | -82.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €126 | €562 | +€436 | +345.5% |
| Other operating charges | 640/8 | - | €63 | +€63 | |
| Gross operating margin | 9900 | €76,383 | €58,011 | -€18,372 | -24.1% |
| Operating profit (loss) | 9901 | €73,893 | €56,975 | -€16,917 | -22.9% |
| Financial income | 75/76B | €10 | €1 | -€9 | -90.8% |
| Recurring financial income | 75 | €10 | €1 | -€9 | -90.8% |
| Financial charges | 65/66B | €222 | €180 | -€42 | -19.0% |
| Recurring financial charges | 65 | €222 | €180 | -€42 | -19.0% |
| Profit (loss) for the period before taxes | 9903 | €73,681 | €56,796 | -€16,884 | -22.9% |
| Income taxes | 67/77 | €20,870 | €16,349 | -€4,521 | -21.7% |
| Profit (loss) for the period | 9904 | €52,811 | €40,447 | -€12,364 | -23.4% |
| Profit (loss) for the period to be appropriated | 9905 | €52,811 | €40,447 | -€12,364 | -23.4% |
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 8 October 2026 via checked.be.