BE2J: 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.
BE2J
Largest movements
- Current investments +€19,037
up €19,037 (+18.9%), from €100,963 to €120,000
- Tangible fixed assets -€17,881
down €17,881 (-35.3%), from €50,703 to €32,822
of which Furniture and vehicles: -€17,607
- Cash -€7,530
down €7,530 (-16.9%), from €44,435 to €36,906
mainly Contributions, distributions and other (-€19,500) and Current investments (-€19,037)
- Receivables within one year +€6,375
up €6,375 (+67.8%), from €9,402 to €15,777
of which Trade receivables: +€9,198
- Reserves +€10,500
up €10,500 (+6.7%), from €157,500 to €168,000
- Tax, wage and social debts -€8,722
down €8,722 (-51.7%), from €16,871 to €8,150
- Accrued charges and deferred income +€3,567
up €3,567 (+143%), from €2,500 to €6,067
- Other debts -€3,452
down €3,452 (-100%), from €3,452 to €0
- Trade debts -€3,081
down €3,081 (-49.2%), from €6,264 to €3,182
- Gross operating margin +€18,034
up €18,034 (+35.3%), from €51,148 to €69,182
- Depreciation +€15,099
up €15,099 (+334%), from €4,522 to €19,621
- Taxes +€5,862
up €5,862 (+44.1%), from €13,288 to €19,150
- Other operating charges -€4,216
down €4,216 (-79.6%), from €5,298 to €1,082
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 | €215,116 | €214,040 | -€1,076 | -0.5% |
| Fixed assets | 21/28 | €54,871 | €35,251 | -€19,621 | -35.8% |
| Intangible fixed assets | 21 | €4,168 | €2,428 | -€1,740 | -41.7% |
| Tangible fixed assets | 22/27 | €50,703 | €32,822 | -€17,881 | -35.3% |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €49,772 | €32,165 | -€17,607 | -35.4% |
| Other tangible fixed assets | 26 | €932 | €658 | -€274 | -29.4% |
| Current assets | 29/58 | €160,244 | €178,790 | +€18,545 | +11.6% |
| Stocks and contracts in progress | 3 | €2,430 | €2,847 | +€417 | +17.2% |
| Stocks | 30/36 | €2,430 | €2,847 | +€417 | +17.2% |
| Amounts receivable within one year | 40/41 | €9,402 | €15,777 | +€6,375 | +67.8% |
| Trade receivables | 40 | €2,778 | €11,976 | +€9,198 | +331% |
| Other amounts receivable | 41 | €6,624 | €3,800 | -€2,823 | -42.6% |
| Current investments | 50/53 | €100,963 | €120,000 | +€19,037 | +18.9% |
| Cash at bank and in hand | 54/58 | €44,435 | €36,906 | -€7,530 | -16.9% |
| Deferred charges and accrued income | 490/1 | €3,014 | €3,260 | +€246 | +8.2% |
| Total equity and liabilities | 10/49 | €215,116 | €214,040 | -€1,076 | -0.5% |
| Equity | 10/15 | €186,028 | €196,641 | +€10,613 | +5.7% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €157,500 | €168,000 | +€10,500 | +6.7% |
| Distributable reserves | 133 | €157,500 | €168,000 | +€10,500 | +6.7% |
| Profit (loss) carried forward | 14 | €8,528 | €8,641 | +€113 | +1.3% |
| Amounts payable | 17/49 | €29,087 | €17,399 | -€11,688 | -40.2% |
| Amounts payable within one year | 42/48 | €26,587 | €11,332 | -€15,256 | -57.4% |
| Trade debts | 44 | €6,264 | €3,182 | -€3,081 | -49.2% |
| Suppliers | 440/4 | €6,264 | €3,182 | -€3,081 | -49.2% |
| Taxes, remuneration and social security | 45 | €16,871 | €8,150 | -€8,722 | -51.7% |
| Taxes | 450/3 | €16,871 | €8,150 | -€8,722 | -51.7% |
| Other amounts payable | 47/48 | €3,452 | €0 | -€3,452 | -100% |
| Accrued charges and deferred income | 492/3 | €2,500 | €6,067 | +€3,567 | +143% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,522 | €19,621 | +€15,099 | +334% |
| Other operating charges | 640/8 | €5,298 | €1,082 | -€4,216 | -79.6% |
| Gross operating margin | 9900 | €51,148 | €69,182 | +€18,034 | +35.3% |
| Operating profit (loss) | 9901 | €41,328 | €48,478 | +€7,151 | +17.3% |
| Financial income | 75/76B | €1,253 | €832 | -€421 | -33.6% |
| Recurring financial income | 75 | €1,253 | €832 | -€421 | -33.6% |
| Financial charges | 65/66B | €40 | €47 | +€7 | +17.4% |
| Recurring financial charges | 65 | €40 | €47 | +€7 | +17.4% |
| Profit (loss) for the period before taxes | 9903 | €42,541 | €49,263 | +€6,723 | +15.8% |
| Income taxes | 67/77 | €13,288 | €19,150 | +€5,862 | +44.1% |
| Profit (loss) for the period | 9904 | €29,252 | €30,113 | +€861 | +2.9% |
| Profit (loss) for the period to be appropriated | 9905 | €29,252 | €30,113 | +€861 | +2.9% |
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 23 October 2026 via checked.be.