BEBUCON: 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.
BEBUCON
Largest movements
- Tangible fixed assets +€630,956
up €630,956 (+194%), from €325,085 to €956,041
of which Land and buildings: +€631,916
- Cash -€44,544
down €44,544 (-66.4%), from €67,100 to €22,556
mainly Investment in fixed assets (net) (-€632,952) and Debts after one year (-€12,508)
- Receivables within one year -€10,000
down €10,000 (-100%), from €10,000 to €0
- Short-term financial debts +€489,637
new in 2025: €489,637
- Other debts +€88,434
up €88,434 (+176%), from €50,126 to €138,560
- Trade debts +€14,506
up €14,506 (+441%), from €3,287 to €17,794
- Debts after one year -€12,508
down €12,508 (-12.5%), from €100,008 to €87,500
of which Financial debts: -€12,508
- Gross operating margin +€24,291
up €24,291 (+118%), from €20,621 to €44,912
- Other operating charges +€15,079
up €15,079 (+423%), from €3,567 to €18,646
- Taxes +€8,886
up €8,886, from -€5,508 to €3,378
- Financial charges +€8,556
up €8,556 (+79.0%), from €10,823 to €19,379
- Staff costs -€554
down €554 (-40.7%), from €1,361 to €807
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 | €402,184 | €978,597 | +€576,412 | +143% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €325,085 | €956,041 | +€630,956 | +194% |
| Tangible fixed assets | 22/27 | €325,085 | €956,041 | +€630,956 | +194% |
| Land and buildings | 22 | €322,646 | €954,562 | +€631,916 | +196% |
| Furniture and vehicles | 24 | €2,439 | €1,479 | -€960 | -39.4% |
| Current assets | 29/58 | €77,100 | €22,556 | -€54,544 | -70.7% |
| Amounts receivable within one year | 40/41 | €10,000 | €0 | -€10,000 | -100% |
| Other amounts receivable | 41 | €10,000 | €0 | -€10,000 | -100% |
| Cash at bank and in hand | 54/58 | €67,100 | €22,556 | -€44,544 | -66.4% |
| Total equity and liabilities | 10/49 | €402,184 | €978,597 | +€576,412 | +143% |
| Equity | 10/15 | €212,510 | €213,217 | +€707 | +0.3% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €29,403 | €29,403 | = | 0.0% |
| Distributable reserves | 133 | €29,403 | €29,403 | = | 0.0% |
| Profit (loss) carried forward | 14 | €163,107 | €163,814 | +€707 | +0.4% |
| Amounts payable | 17/49 | €189,674 | €765,380 | +€575,706 | +304% |
| Amounts payable after more than one year | 17 | €100,008 | €87,500 | -€12,508 | -12.5% |
| Financial debts | 170/4 | €12,508 | - | -€12,508 | |
| Trade debts | 175 | €87,500 | €87,500 | = | 0.0% |
| Amounts payable within one year | 42/48 | €89,666 | €677,880 | +€588,213 | +656% |
| Current portion of amounts payable after more than one year | 42 | €32,288 | €30,008 | -€2,280 | -7.1% |
| Financial debts | 43 | - | €489,637 | +€489,637 | |
| Credit institutions | 430/8 | - | €489,637 | +€489,637 | |
| Trade debts | 44 | €3,287 | €17,794 | +€14,506 | +441% |
| Suppliers | 440/4 | €3,287 | €17,794 | +€14,506 | +441% |
| Taxes, remuneration and social security | 45 | €3,965 | €1,881 | -€2,084 | -52.6% |
| Taxes | 450/3 | €3,965 | - | -€3,965 | |
| Remuneration and social security | 454/9 | - | €1,881 | +€1,881 | |
| Other amounts payable | 47/48 | €50,126 | €138,560 | +€88,434 | +176% |
| Non-recurring operating income | 76A | €2,400 | - | -€2,400 | |
| Remuneration, social security and pensions | 62 | €1,361 | €807 | -€554 | -40.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,928 | €1,996 | +€69 | +3.6% |
| Other operating charges | 640/8 | €3,567 | €18,646 | +€15,079 | +423% |
| Gross operating margin | 9900 | €20,621 | €44,912 | +€24,291 | +118% |
| Operating profit (loss) | 9901 | €13,766 | €23,464 | +€9,698 | +70.4% |
| Financial charges | 65/66B | €10,823 | €19,379 | +€8,556 | +79.0% |
| Recurring financial charges | 65 | €10,823 | €19,379 | +€8,556 | +79.0% |
| Profit (loss) for the period before taxes | 9903 | €2,942 | €4,085 | +€1,142 | +38.8% |
| Income taxes | 67/77 | -€5,508 | €3,378 | +€8,886 | |
| Profit (loss) for the period | 9904 | €8,450 | €707 | -€7,743 | -91.6% |
| Profit (loss) for the period to be appropriated | 9905 | €8,450 | €707 | -€7,743 | -91.6% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.