BEEHIVE: 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.
BEEHIVE
Largest movements
- Cash +€1,390
up €1,390 (+26.8%), from €5,186 to €6,576
mainly Net result for the year (+€3,019) and Trade debts (+€177)
- Receivables within one year +€387
up €387 (+3.5%), from €11,117 to €11,504
of which Trade receivables: +€2,771
- Stocks and contracts +€232
up €232 (+165%), from €141 to €373
- Profit (loss) carried forward +€3,019
up €3,019 (+977%), from €309 to €3,328
- Tax, wage and social debts -€1,251
down €1,251 (-23.1%), from €5,428 to €4,177
- Financial income -€2,474
down €2,474 (-97.3%), from €2,543 to €69
- Financial charges -€94
down €94 (-44.2%), from €212 to €118
- Other operating charges -€56
down €56 (-10.7%), from €521 to €465
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 | €16,773 | €18,775 | +€2,002 | +11.9% |
| Current assets | 29/58 | €16,773 | €18,775 | +€2,002 | +11.9% |
| Stocks and contracts in progress | 3 | €141 | €373 | +€232 | +165% |
| Stocks | 30/36 | €141 | €373 | +€232 | +165% |
| Amounts receivable within one year | 40/41 | €11,117 | €11,504 | +€387 | +3.5% |
| Trade receivables | 40 | €8,653 | €11,424 | +€2,771 | +32.0% |
| Other amounts receivable | 41 | €2,464 | €80 | -€2,384 | -96.8% |
| Cash at bank and in hand | 54/58 | €5,186 | €6,576 | +€1,390 | +26.8% |
| Deferred charges and accrued income | 490/1 | €329 | €322 | -€8 | -2.3% |
| Total equity and liabilities | 10/49 | €16,773 | €18,775 | +€2,002 | +11.9% |
| Equity | 10/15 | €7,390 | €10,408 | +€3,019 | +40.9% |
| Contributions | 10/11 | €7,000 | €7,000 | = | 0.0% |
| Reserves | 13 | €80 | €80 | = | 0.0% |
| Distributable reserves | 133 | €80 | €80 | = | 0.0% |
| Profit (loss) carried forward | 14 | €309 | €3,328 | +€3,019 | +977% |
| Amounts payable | 17/49 | €9,384 | €8,367 | -€1,017 | -10.8% |
| Amounts payable within one year | 42/48 | €9,359 | €8,367 | -€992 | -10.6% |
| Trade debts | 44 | €3,931 | €4,107 | +€177 | +4.5% |
| Suppliers | 440/4 | €3,931 | €4,107 | +€177 | +4.5% |
| Taxes, remuneration and social security | 45 | €5,428 | €4,177 | -€1,251 | -23.1% |
| Taxes | 450/3 | €5,428 | €4,177 | -€1,251 | -23.1% |
| Other amounts payable | 47/48 | - | €83 | +€83 | |
| Accrued charges and deferred income | 492/3 | €25 | €0 | -€25 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | - | = | |
| Other operating charges | 640/8 | €521 | €465 | -€56 | -10.7% |
| Gross operating margin | 9900 | €3,699 | €3,674 | -€25 | -0.7% |
| Operating profit (loss) | 9901 | €3,178 | €3,209 | +€31 | +1.0% |
| Financial income | 75/76B | €2,543 | €69 | -€2,474 | -97.3% |
| Recurring financial income | 75 | €2,543 | €69 | -€2,474 | -97.3% |
| Financial charges | 65/66B | €212 | €118 | -€94 | -44.2% |
| Recurring financial charges | 65 | €212 | €118 | -€94 | -44.2% |
| Profit (loss) for the period before taxes | 9903 | €5,509 | €3,160 | -€2,349 | -42.6% |
| Income taxes | 67/77 | €140 | €141 | +€1 | +1.0% |
| Profit (loss) for the period | 9904 | €5,370 | €3,019 | -€2,351 | -43.8% |
| Profit (loss) for the period to be appropriated | 9905 | €5,370 | €3,019 | -€2,351 | -43.8% |
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 14 October 2026 via checked.be.