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BEBEX: 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

BEBEX

BE 0469.595.014
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€19,588
2024 · -€14,171+€33,759
Equity
€117,897
2024 · €98,309+€19,588
Cash
-
not filed
Balance sheet total
€285,133
2024 · €335,292-€50,159

Largest movements

2024 to 2025
Assets
  • Receivables within one year -€46,581

    down €46,581 (-93.8%), from €49,671 to €3,090

    of which Trade receivables: -€48,895

  • Tangible fixed assets -€3,578

    down €3,578 (-1.3%), from €285,621 to €282,043

    of which Land and buildings: -€3,301

Equity and liabilities
  • Other debts -€62,117

    no longer reported in 2025 (was €62,117)

  • Debts after one year -€24,614

    down €24,614 (-14.8%), from €166,155 to €141,540

  • Profit (loss) carried forward +€19,588

    up €19,588 (+24.6%), from €79,717 to €99,305

  • Short-term financial debts +€16,896

    up €16,896 (+7047.8%), from €240 to €17,136

Income statement
  • Gross operating margin +€21,063

    up €21,063 (+167.9%), from €12,547 to €33,610

  • Taxes -€13,618

    down €13,618 (-84.8%), from €16,058 to €2,440

  • Depreciation -€5,430

    down €5,430 (-60.3%), from €9,008 to €3,578

  • Financial charges +€5,371

    up €5,371 (+352.3%), from €1,525 to €6,895

  • Other operating charges +€660

    up €660 (+517.8%), from €127 to €787

From the 2024 result to the 2025 result

effect on the 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 2024 -€14,171
Gross operating margin +€21,063
Staff costs -€322
Depreciation +€5,430
Other operating charges -€660
Financial charges -€5,371
Taxes +€13,618
Result 2025 €19,588

Cash bridge derived

cash 2024 to 2025

Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.

Every line side by side 32 lines
Line Code 2024 2025 Change %
Total assets 20/58 €335,292 €285,133 -€50,159 -15.0%
Fixed assets 21/28 €285,621 €282,043 -€3,578 -1.3%
Tangible fixed assets 22/27 €285,621 €282,043 -€3,578 -1.3%
Land and buildings 22 €283,009 €279,708 -€3,301 -1.2%
Other tangible fixed assets 26 €2,613 €2,335 -€277 -10.6%
Current assets 29/58 €49,671 €3,090 -€46,581 -93.8%
Amounts receivable within one year 40/41 €49,671 €3,090 -€46,581 -93.8%
Trade receivables 40 €48,895 - -€48,895
Other amounts receivable 41 €776 €3,090 +€2,314 +298.2%
Total equity and liabilities 10/49 €335,292 €285,133 -€50,159 -15.0%
Equity 10/15 €98,309 €117,897 +€19,588 +19.9%
Contributions 10/11 €18,592 €18,592 = 0.0%
Profit (loss) carried forward 14 €79,717 €99,305 +€19,588 +24.6%
Amounts payable 17/49 €236,984 €167,236 -€69,747 -29.4%
Amounts payable after more than one year 17 €166,155 €141,540 -€24,614 -14.8%
Financial debts 170/4 €166,155 €141,540 -€24,614 -14.8%
Amounts payable within one year 42/48 €70,829 €25,696 -€45,133 -63.7%
Current portion of amounts payable after more than one year 42 €8,473 €8,560 +€87 +1.0%
Financial debts 43 €240 €17,136 +€16,896 +7047.8%
Credit institutions 430/8 €240 €17,136 +€16,896 +7047.8%
Other amounts payable 47/48 €62,117 - -€62,117
Remuneration, social security and pensions 62 - €322 +€322
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €9,008 €3,578 -€5,430 -60.3%
Other operating charges 640/8 €127 €787 +€660 +517.8%
Gross operating margin 9900 €12,547 €33,610 +€21,063 +167.9%
Operating profit (loss) 9901 €3,412 €28,923 +€25,511 +747.8%
Financial charges 65/66B €1,525 €6,895 +€5,371 +352.3%
Recurring financial charges 65 €1,525 €6,895 +€5,371 +352.3%
Profit (loss) for the period before taxes 9903 €1,887 €22,028 +€20,141 +1067.4%
Income taxes 67/77 €16,058 €2,440 -€13,618 -84.8%
Profit (loss) for the period 9904 -€14,171 €19,588 +€33,759
Profit (loss) for the period to be appropriated 9905 -€14,171 €19,588 +€33,759

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 28 September 2026 via checked.be.