BEEBONDS: 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.
BEEBONDS
Largest movements
- Cash +€60,908
up €60,908 (+78.5%), from €77,552 to €138,460
mainly Net result for the year (+€93,585) and Receivables within one year (+€55,262)
- Receivables within one year -€55,262
down €55,262 (-25.2%), from €219,082 to €163,820
of which Trade receivables: -€59,905
- Deferred charges and accrued income +€7,701
up €7,701 (+79.2%), from €9,721 to €17,422
- Profit (loss) carried forward +€93,585
up €93,585 (+24.7%), from -€379,078 to -€285,493
- Trade debts -€37,616
down €37,616 (-38.2%), from €98,521 to €60,905
- Short-term financial debts -€33,189
no longer reported in 2025 (was €33,189)
- Tax, wage and social debts -€10,197
down €10,197 (-32.6%), from €31,304 to €21,107
of which Taxes: -€6,370
- Gross operating margin +€161,845
up €161,845, from -€9,579 to €152,266
- Financial income +€79,798
up €79,798 (+1,480%), from €5,391 to €85,189
of which Financial income: +€84,033
- Financial charges -€22,560
down €22,560 (-33.1%), from €68,061 to €45,501
of which Financial charges: -€21,089
- Staff costs -€20,973
down €20,973 (-17.9%), from €117,173 to €96,200
- Depreciation -€2,909
no longer reported in 2025 (was €2,909)
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 | €329,647 | €342,994 | +€13,347 | +4.0% |
| Fixed assets | 21/28 | €23,292 | €23,292 | +€0 | 0.0% |
| Intangible fixed assets | 21 | €482 | €482 | -€0 | 0.0% |
| Tangible fixed assets | 22/27 | €2,810 | €2,810 | +€0 | 0.0% |
| Furniture and vehicles | 24 | €2,810 | €2,810 | +€0 | 0.0% |
| Financial fixed assets | 28 | €20,000 | €20,000 | = | 0.0% |
| Current assets | 29/58 | €306,355 | €319,702 | +€13,347 | +4.4% |
| Amounts receivable within one year | 40/41 | €219,082 | €163,820 | -€55,262 | -25.2% |
| Trade receivables | 40 | €189,130 | €129,225 | -€59,905 | -31.7% |
| Other amounts receivable | 41 | €29,952 | €34,595 | +€4,643 | +15.5% |
| Cash at bank and in hand | 54/58 | €77,552 | €138,460 | +€60,908 | +78.5% |
| Deferred charges and accrued income | 490/1 | €9,721 | €17,422 | +€7,701 | +79.2% |
| Total equity and liabilities | 10/49 | €329,647 | €342,994 | +€13,347 | +4.0% |
| Equity | 10/15 | -€371,018 | -€277,433 | +€93,585 | +25.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | - | €6,200 | +€6,200 | |
| Issued capital | 100 | - | €6,200 | +€6,200 | |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€379,078 | -€285,493 | +€93,585 | +24.7% |
| Amounts payable | 17/49 | €700,664 | €620,427 | -€80,237 | -11.5% |
| Amounts payable after more than one year | 17 | €37,650 | €37,650 | -€0 | 0.0% |
| Financial debts | 170/4 | €37,650 | €37,650 | -€0 | 0.0% |
| Amounts payable within one year | 42/48 | €663,014 | €582,012 | -€81,002 | -12.2% |
| Financial debts | 43 | €33,189 | - | -€33,189 | |
| Credit institutions | 430/8 | €33,189 | - | -€33,189 | |
| Trade debts | 44 | €98,521 | €60,905 | -€37,616 | -38.2% |
| Suppliers | 440/4 | €98,521 | €60,905 | -€37,616 | -38.2% |
| Taxes, remuneration and social security | 45 | €31,304 | €21,107 | -€10,197 | -32.6% |
| Taxes | 450/3 | €17,408 | €11,038 | -€6,370 | -36.6% |
| Remuneration and social security | 454/9 | €13,896 | €10,069 | -€3,827 | -27.5% |
| Other amounts payable | 47/48 | €500,000 | €500,000 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | - | €765 | +€765 | |
| Remuneration, social security and pensions | 62 | €117,173 | €96,200 | -€20,973 | -17.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,909 | - | -€2,909 | |
| Other operating charges | 640/8 | €1,883 | €2,169 | +€286 | +15.2% |
| Gross operating margin | 9900 | -€9,579 | €152,266 | +€161,845 | |
| Operating profit (loss) | 9901 | -€131,544 | €53,897 | +€185,441 | |
| Financial income | 75/76B | €5,391 | €85,189 | +€79,798 | +1,480% |
| Recurring financial income | 75 | €1,156 | €85,189 | +€84,033 | +7,272% |
| Non-recurring financial income | 76B | €4,235 | - | -€4,235 | |
| Financial charges | 65/66B | €68,061 | €45,501 | -€22,560 | -33.1% |
| Recurring financial charges | 65 | €66,590 | €45,501 | -€21,089 | -31.7% |
| Non-recurring financial charges | 66B | €1,470 | - | -€1,470 | |
| Profit (loss) for the period before taxes | 9903 | -€194,214 | €93,585 | +€287,799 | |
| Income taxes | 67/77 | €143 | - | -€143 | |
| Profit (loss) for the period | 9904 | -€194,357 | €93,585 | +€287,942 | |
| Profit (loss) for the period to be appropriated | 9905 | -€194,357 | €93,585 | +€287,942 |
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 27 October 2026 via checked.be.