BEE Operation Services: 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.
BEE Operation Services
Largest movements
- Receivables within one year +€368,020
up €368,020 (+39.7%), from €926,286 to €1.3m
of which Trade receivables: +€366,473
- Deferred charges and accrued income +€158,078
up €158,078 (+1026.1%), from €15,405 to €173,484
- Stocks and contracts +€52,702
up €52,702 (+54.1%), from €97,354 to €150,055
- Cash -€51,005
down €51,005 (-87.5%), from €58,291 to €7,285
mainly Net result for the year (-€523,185) and Receivables within one year (-€368,020)
- Trade debts +€713,751
up €713,751 (+78.3%), from €911,248 to €1.6m
- Profit (loss) carried forward -€523,185
down €523,185 (-152.8%), from -€342,391 to -€865,576
- Other debts +€268,640
up €268,640 (+107.9%), from €248,858 to €517,497
- Tax, wage and social debts +€54,923
up €54,923 (+17.4%), from €314,958 to €369,881
of which Remuneration and social security: +€86,129
- Turnover -€4.2m
no longer reported in 2025 (was €4.2m)
- Purchases and services -€3.1m
no longer reported in 2025 (was €3.1m)
- Staff costs +€400,713
up €400,713 (+24.7%), from €1.6m to €2.0m
- Gross operating margin +€260,689
up €260,689 (+19.9%), from €1.3m to €1.6m
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 | €1,201,859 | €1,717,532 | +€515,674 | +42.9% |
| Formation expenses | 20 | €1,076 | €807 | -€269 | -25.0% |
| Fixed assets | 21/28 | €103,446 | €91,595 | -€11,851 | -11.5% |
| Tangible fixed assets | 22/27 | €103,446 | €91,595 | -€11,851 | -11.5% |
| Plant, machinery and equipment | 23 | €103,446 | €80,205 | -€23,241 | -22.5% |
| Furniture and vehicles | 24 | - | €11,390 | +€11,390 | |
| Leasing and similar rights | 25 | - | €0 | = | |
| Current assets | 29/58 | €1,097,336 | €1,625,130 | +€527,794 | +48.1% |
| Stocks and contracts in progress | 3 | €97,354 | €150,055 | +€52,702 | +54.1% |
| Stocks | 30/36 | €97,354 | €150,055 | +€52,702 | +54.1% |
| Amounts receivable within one year | 40/41 | €926,286 | €1,294,306 | +€368,020 | +39.7% |
| Trade receivables | 40 | €924,066 | €1,290,539 | +€366,473 | +39.7% |
| Other amounts receivable | 41 | €2,220 | €3,767 | +€1,547 | +69.7% |
| Cash at bank and in hand | 54/58 | €58,291 | €7,285 | -€51,005 | -87.5% |
| Deferred charges and accrued income | 490/1 | €15,405 | €173,484 | +€158,078 | +1026.1% |
| Total equity and liabilities | 10/49 | €1,201,859 | €1,717,532 | +€515,674 | +42.9% |
| Equity | 10/15 | -€280,391 | -€803,576 | -€523,185 | -186.6% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€342,391 | -€865,576 | -€523,185 | -152.8% |
| Amounts payable | 17/49 | €1,482,249 | €2,521,108 | +€1.0m | +70.1% |
| Amounts payable within one year | 42/48 | €1,475,064 | €2,512,377 | +€1.0m | +70.3% |
| Trade debts | 44 | €911,248 | €1,624,999 | +€713,751 | +78.3% |
| Suppliers | 440/4 | €911,248 | €1,624,999 | +€713,751 | +78.3% |
| Taxes, remuneration and social security | 45 | €314,958 | €369,881 | +€54,923 | +17.4% |
| Taxes | 450/3 | €174,758 | €143,553 | -€31,205 | -17.9% |
| Remuneration and social security | 454/9 | €140,200 | €226,328 | +€86,129 | +61.4% |
| Other amounts payable | 47/48 | €248,858 | €517,497 | +€268,640 | +107.9% |
| Accrued charges and deferred income | 492/3 | €7,185 | €8,731 | +€1,545 | +21.5% |
| Turnover | 70 | €4,212,669 | - | -€4.2m | |
| Goods, raw materials, services and sundry goods | 60/61 | €3,131,737 | - | -€3.1m | |
| Remuneration, social security and pensions | 62 | €1,620,252 | €2,020,965 | +€400,713 | +24.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,405 | €46,101 | +€26,696 | +137.6% |
| Other operating charges | 640/8 | €1,119 | €1,262 | +€142 | +12.7% |
| Gross operating margin | 9900 | €1,308,644 | €1,569,332 | +€260,689 | +19.9% |
| Operating profit (loss) | 9901 | -€332,133 | -€498,995 | -€166,862 | -50.2% |
| Financial income | 75/76B | €22 | €0 | -€22 | -99.9% |
| Recurring financial income | 75 | €22 | €0 | -€22 | -99.9% |
| Financial charges | 65/66B | €10,280 | €24,190 | +€13,910 | +135.3% |
| Recurring financial charges | 65 | €10,280 | €24,190 | +€13,910 | +135.3% |
| Profit (loss) for the period before taxes | 9903 | -€342,391 | -€523,185 | -€180,794 | -52.8% |
| Profit (loss) for the period | 9904 | -€342,391 | -€523,185 | -€180,794 | -52.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€342,391 | -€523,185 | -€180,794 | -52.8% |
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 29 September 2026 via checked.be.