BeAs: 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.
BeAs
Largest movements
- Current investments +€280,000
new in 2025: €280,000
- Cash -€209,503
down €209,503 (-83.7%), from €250,366 to €40,863
mainly Contributions, distributions and other (-€417,373) and Current investments (-€280,000)
- Tangible fixed assets -€5,632
down €5,632 (-23.3%), from €24,187 to €18,554
of which Furniture and vehicles: -€6,223
- Other debts +€356,956
up €356,956 (+18451.3%), from €1,935 to €358,891
- Reserves -€299,206
down €299,206 (-100.0%), from €299,206 to €0
- Tax, wage and social debts +€4,858
up €4,858 (+173.5%), from €2,800 to €7,658
of which Taxes: +€5,958
- Gross operating margin -€100,073
down €100,073 (-38.4%), from €260,439 to €160,366
- Taxes -€26,057
down €26,057 (-44.7%), from €58,250 to €32,193
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 | €311,661 | €375,801 | +€64,140 | +20.6% |
| Fixed assets | 21/28 | €26,687 | €21,054 | -€5,632 | -21.1% |
| Tangible fixed assets | 22/27 | €24,187 | €18,554 | -€5,632 | -23.3% |
| Land and buildings | 22 | €15,380 | €10,760 | -€4,620 | -30.0% |
| Plant, machinery and equipment | 23 | €2,570 | €7,781 | +€5,211 | +202.7% |
| Furniture and vehicles | 24 | €6,236 | €13 | -€6,223 | -99.8% |
| Financial fixed assets | 28 | €2,500 | €2,500 | = | 0.0% |
| Current assets | 29/58 | €284,974 | €354,746 | +€69,772 | +24.5% |
| Amounts receivable within one year | 40/41 | €29,596 | €32,110 | +€2,514 | +8.5% |
| Trade receivables | 40 | €14,428 | €16,553 | +€2,125 | +14.7% |
| Other amounts receivable | 41 | €15,169 | €15,558 | +€389 | +2.6% |
| Current investments | 50/53 | - | €280,000 | +€280,000 | |
| Cash at bank and in hand | 54/58 | €250,366 | €40,863 | -€209,503 | -83.7% |
| Deferred charges and accrued income | 490/1 | €5,012 | €1,773 | -€3,239 | -64.6% |
| Total equity and liabilities | 10/49 | €311,661 | €375,801 | +€64,140 | +20.6% |
| Equity | 10/15 | €304,206 | €5,000 | -€299,206 | -98.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €299,206 | €0 | -€299,206 | -100.0% |
| Distributable reserves | 133 | €299,206 | €0 | -€299,206 | -100.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €7,455 | €370,801 | +€363,346 | +4874.0% |
| Amounts payable within one year | 42/48 | €5,702 | €368,904 | +€363,202 | +6370.0% |
| Financial debts | 43 | - | €2,037 | +€2,037 | |
| Credit institutions | 430/8 | - | €2,037 | +€2,037 | |
| Trade debts | 44 | €967 | €319 | -€649 | -67.1% |
| Suppliers | 440/4 | €967 | €319 | -€649 | -67.1% |
| Taxes, remuneration and social security | 45 | €2,800 | €7,658 | +€4,858 | +173.5% |
| Taxes | 450/3 | €1,700 | €7,658 | +€5,958 | +350.4% |
| Remuneration and social security | 454/9 | €1,100 | €0 | -€1,100 | -100.0% |
| Other amounts payable | 47/48 | €1,935 | €358,891 | +€356,956 | +18451.3% |
| Accrued charges and deferred income | 492/3 | €1,753 | €1,896 | +€143 | +8.2% |
| Non-recurring operating income | 76A | - | €10,310 | +€10,310 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,275 | €6,427 | -€848 | -11.7% |
| Other operating charges | 640/8 | €1,138 | €371 | -€767 | -67.4% |
| Gross operating margin | 9900 | €260,439 | €160,366 | -€100,073 | -38.4% |
| Operating profit (loss) | 9901 | €252,026 | €153,568 | -€98,458 | -39.1% |
| Financial income | 75/76B | €4 | €267 | +€264 | +7493.8% |
| Recurring financial income | 75 | €4 | €267 | +€264 | +7493.8% |
| Financial charges | 65/66B | €2,005 | €3,475 | +€1,470 | +73.4% |
| Recurring financial charges | 65 | €2,005 | €3,475 | +€1,470 | +73.4% |
| Profit (loss) for the period before taxes | 9903 | €250,025 | €150,360 | -€99,665 | -39.9% |
| Income taxes | 67/77 | €58,250 | €32,193 | -€26,057 | -44.7% |
| Profit (loss) for the period | 9904 | €191,775 | €118,168 | -€73,607 | -38.4% |
| Profit (loss) for the period to be appropriated | 9905 | €191,775 | €118,168 | -€73,607 | -38.4% |
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 12 October 2026 via checked.be.