Bebat: 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.
What changed
Bebat
NACE 38.210, Materials recovery from waste
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
-€1.8m
2023 · -€2.8m+€1.1m
Equity
€50.7m
2023 · €52.5m-€1.8m
Cash
€8.3m
2023 · €9.3m-€1.0m
Balance sheet total
€127.8m
2023 · €126.7m+€1.1m
Largest movements
Assets
- Current investments -€4.8m
down €4.8m (-4.9%), from €97.7m to €92.8m
- Tangible fixed assets +€3.8m
up €3.8m (+64.3%), from €5.9m to €9.6m
of which Land and buildings: +€6.5m
- Receivables within one year +€2.5m
up €2.5m (+26.2%), from €9.3m to €11.8m
of which Trade receivables: +€2.0m
Equity and liabilities
- Provisions +€3.4m
up €3.4m (+5.7%), from €59.8m to €63.2m
- Reserves -€1.8m
down €1.8m (-3.3%), from €52.5m to €50.7m
Income statement
- Services and other goods +€3.8m
up €3.8m (+15.9%), from €23.7m to €27.5m
- Financial income +€3.4m
up €3.4m (+292.7%), from €1.2m to €4.6m
of which Non-recurring financial income: +€2.8m
- Other operating charges -€3.3m
down €3.3m (-61.3%), from €5.4m to €2.1m
- Turnover -€2.3m
down €2.3m (-8.5%), from €26.7m to €24.4m
- Depreciation +€1.6m
up €1.6m (+149.0%), from €1.1m to €2.6m
From the 2023 result to the 2024 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.
Result 2023
-€2.8m
Turnover
-€2.3m
Other operating income
+€778,669
Services and other goods
-€3.8m
Staff costs
-€396,965
Depreciation
-€1.6m
Write-downs
-€130,021
Other operating charges
+€3.3m
Other operating items
+€3.0m
Financial income
+€3.4m
Financial charges
-€1.3m
Result 2024
-€1.8m
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
+€1.3m
Investment
-€2.3m
Financing
€0
Cash 2023
€9.3m
From operations (derived)
+€1.3m
Net result for the year
-€1.8m
Depreciation
+€2.6m
Receivables within one year
-€2.5m
Deferred charges and accrued income
-€53,349
Provisions
+€3.4m
Debts within one year
-€526,719
Accrued charges and deferred income
+€3,170
Investment (derived)
-€2.3m
Investment in fixed assets (net)
-€7.1m
Current investments
+€4.8m
Cash 2024
€8.3m
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €126,683,144 | €127,809,942 | +€1.1m | +0.9% |
| Fixed assets | 21/28 | €10,069,932 | €14,565,984 | +€4.5m | +44.6% |
| Intangible fixed assets | 21 | €361,867 | €1,089,029 | +€727,162 | +200.9% |
| Tangible fixed assets | 22/27 | €5,865,165 | €9,634,055 | +€3.8m | +64.3% |
| Land and buildings | 22 | €2,542,922 | €9,020,942 | +€6.5m | +254.7% |
| Plant, machinery and equipment | 23 | €377,026 | €499,915 | +€122,888 | +32.6% |
| Furniture and vehicles | 24 | €73,718 | €113,198 | +€39,480 | +53.6% |
| Assets under construction and advance payments | 27 | €2,871,500 | €0 | -€2.9m | -100.0% |
| Financial fixed assets | 28 | €3,842,901 | €3,842,901 | = | 0.0% |
| Affiliated companies | 280/1 | €3,702,539 | €3,702,539 | = | 0.0% |
| Participating interests | 280 | €3,702,539 | €3,702,539 | = | 0.0% |
| Companies linked by participating interests | 282/3 | €140,000 | €140,000 | = | 0.0% |
| Participating interests | 282 | €140,000 | €140,000 | = | 0.0% |
| Other financial fixed assets | 284/8 | €361 | €361 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €361 | €361 | = | 0.0% |
| Current assets | 29/58 | €116,613,212 | €113,243,958 | -€3.4m | -2.9% |
| Stocks and contracts in progress | 3 | €0 | €0 | = | |
| Amounts receivable within one year | 40/41 | €9,339,665 | €11,790,730 | +€2.5m | +26.2% |
| Trade receivables | 40 | €9,339,359 | €11,345,214 | +€2.0m | +21.5% |
| Other amounts receivable | 41 | €306 | €445,515 | +€445,209 | +145464.7% |
| Current investments | 50/53 | €97,659,295 | €92,831,310 | -€4.8m | -4.9% |
| Cash at bank and in hand | 54/58 | €9,324,580 | €8,278,898 | -€1.0m | -11.2% |
| Deferred charges and accrued income | 490/1 | €289,672 | €343,021 | +€53,349 | +18.4% |
| Total equity and liabilities | 10/49 | €126,683,144 | €127,809,942 | +€1.1m | +0.9% |
| Equity | 10/15 | €52,481,400 | €50,724,084 | -€1.8m | -3.3% |
| Reserves | 13 | €52,481,400 | €50,724,084 | -€1.8m | -3.3% |
| Provisions and deferred taxes | 16 | €59,767,230 | €63,174,892 | +€3.4m | +5.7% |
| Provisions for liabilities and charges | 160/5 | €59,767,230 | €63,174,892 | +€3.4m | +5.7% |
| Other liabilities and charges | 164/5 | €59,767,230 | €63,174,892 | +€3.4m | +5.7% |
| Amounts payable | 17/49 | €14,434,515 | €13,910,966 | -€523,549 | -3.6% |
| Amounts payable within one year | 42/48 | €14,434,475 | €13,907,756 | -€526,719 | -3.6% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €7,616,075 | €8,686,840 | +€1.1m | +14.1% |
| Suppliers | 440/4 | €7,616,075 | €8,686,840 | +€1.1m | +14.1% |
| Advances received on contracts in progress | 46 | €10,098 | €10,098 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €2,275,035 | €2,027,027 | -€248,007 | -10.9% |
| Taxes | 450/3 | €1,409,568 | €1,022,236 | -€387,332 | -27.5% |
| Remuneration and social security | 454/9 | €865,467 | €1,004,791 | +€139,324 | +16.1% |
| Accrued charges and deferred income | 492/3 | €40 | €3,210 | +€3,170 | +7924.4% |
| Operating income | 70/76A | €28,774,555 | €33,662,160 | +€4.9m | +17.0% |
| Turnover | 70 | €26,694,933 | €24,428,169 | -€2.3m | -8.5% |
| Other operating income | 74 | €1,783,282 | €2,561,951 | +€778,669 | +43.7% |
| Non-recurring operating income | 76A | - | €6,382,719 | +€6.4m | |
| Operating charges | 60/66A | €34,591,909 | €40,515,954 | +€5.9m | +17.1% |
| Services and other goods | 61 | €23,739,896 | €27,517,268 | +€3.8m | +15.9% |
| Remuneration, social security and pensions | 62 | €4,314,764 | €4,711,728 | +€396,965 | +9.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,060,513 | €2,640,600 | +€1.6m | +149.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €11,431 | €141,453 | +€130,021 | +1137.4% |
| Other operating charges | 640/8 | €5,421,759 | €2,097,243 | -€3.3m | -61.3% |
| Operating profit (loss) | 9901 | -€5,817,354 | -€6,853,795 | -€1.0m | -17.8% |
| Financial income | 75/76B | €1,174,749 | €4,612,733 | +€3.4m | +292.7% |
| Recurring financial income | 75 | €1,174,749 | €1,764,308 | +€589,559 | +50.2% |
| Income from current assets | 751 | €1,125,371 | €1,566,641 | +€441,269 | +39.2% |
| Other financial income | 752/9 | €49,377 | €197,668 | +€148,290 | +300.3% |
| Non-recurring financial income | 76B | - | €2,848,425 | +€2.8m | |
| Financial charges | 65/66B | -€1,804,710 | -€483,746 | +€1.3m | +73.2% |
| Recurring financial charges | 65 | -€1,804,710 | -€483,746 | +€1.3m | +73.2% |
| Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals) | 651 | -€2,315,902 | -€578,641 | +€1.7m | +75.0% |
| Other financial charges | 652/9 | €511,192 | €94,895 | -€416,297 | -81.4% |
| Profit (loss) for the period before taxes | 9903 | -€2,837,895 | -€1,757,316 | +€1.1m | +38.1% |
| Profit (loss) for the period | 9904 | -€2,837,895 | -€1,757,316 | +€1.1m | +38.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,837,895 | -€1,757,316 | +€1.1m | +38.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.