BEFI INTERNATIONAL: 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.
BEFI INTERNATIONAL
Largest movements
- Receivables within one year +€52,416
up €52,416 (+231%), from €22,677 to €75,093
- Deferred charges and accrued income +€42,000
up €42,000 (+42.0%), from €100,000 to €142,000
- Tangible fixed assets -€26,565
down €26,565 (-11.5%), from €231,356 to €204,791
- Debts after one year +€122,640
up €122,640 (+20.6%), from €595,448 to €718,088
- Trade debts -€60,939
down €60,939 (-83.6%), from €72,885 to €11,946
- Financial charges +€19,840
up €19,840 (+35.2%), from €56,368 to €76,208
- Other operating charges +€4,450
new in 2025: €4,450
- Gross operating margin -€3,202
down €3,202 (-3.0%), from €107,503 to €104,301
- Depreciation -€3,040
down €3,040 (-10.3%), from €29,605 to €26,565
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 | €1,066,266 | €1,126,157 | +€59,891 | +5.6% |
| Fixed assets | 21/28 | €934,732 | €908,166 | -€26,566 | -2.8% |
| Tangible fixed assets | 22/27 | €231,356 | €204,791 | -€26,565 | -11.5% |
| Land and buildings | 22 | €231,356 | €204,791 | -€26,565 | -11.5% |
| Financial fixed assets | 28 | €703,376 | €703,375 | -€1 | 0.0% |
| Current assets | 29/58 | €131,534 | €217,991 | +€86,457 | +65.7% |
| Amounts receivable within one year | 40/41 | €22,677 | €75,093 | +€52,416 | +231% |
| Other amounts receivable | 41 | €22,677 | €75,093 | +€52,416 | +231% |
| Cash at bank and in hand | 54/58 | €8,857 | €898 | -€7,959 | -89.9% |
| Deferred charges and accrued income | 490/1 | €100,000 | €142,000 | +€42,000 | +42.0% |
| Total equity and liabilities | 10/49 | €1,066,266 | €1,126,157 | +€59,891 | +5.6% |
| Equity | 10/15 | €287,791 | €280,869 | -€6,922 | -2.4% |
| Contributions | 10/11 | €74,368 | €74,368 | -€0 | 0.0% |
| Capital | 10 | €74,368 | €74,368 | -€0 | 0.0% |
| Issued capital | 100 | €74,368 | €74,368 | -€0 | 0.0% |
| Revaluation surpluses | 12 | €200,000 | €200,000 | = | 0.0% |
| Reserves | 13 | €7,437 | €7,437 | +€0 | 0.0% |
| Non-distributable reserves | 130/1 | €7,437 | €7,437 | +€0 | 0.0% |
| Legal reserve | 130 | €7,437 | €7,437 | +€0 | 0.0% |
| Profit (loss) carried forward | 14 | €5,986 | -€936 | -€6,922 | |
| Provisions and deferred taxes | 16 | €100 | €100 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €100 | €100 | = | 0.0% |
| Other liabilities and charges | 164/5 | €100 | €100 | = | 0.0% |
| Amounts payable | 17/49 | €778,375 | €845,188 | +€66,813 | +8.6% |
| Amounts payable after more than one year | 17 | €595,448 | €718,088 | +€122,640 | +20.6% |
| Financial debts | 170/4 | €595,448 | €718,088 | +€122,640 | +20.6% |
| Amounts payable within one year | 42/48 | €182,927 | €127,100 | -€55,827 | -30.5% |
| Current portion of amounts payable after more than one year | 42 | - | €6,912 | +€6,912 | |
| Trade debts | 44 | €72,885 | €11,946 | -€60,939 | -83.6% |
| Suppliers | 440/4 | €72,885 | €11,946 | -€60,939 | -83.6% |
| Taxes, remuneration and social security | 45 | €95 | €95 | +€0 | +0.1% |
| Taxes | 450/3 | €95 | €95 | +€0 | +0.1% |
| Other amounts payable | 47/48 | €109,947 | €108,147 | -€1,800 | -1.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,605 | €26,565 | -€3,040 | -10.3% |
| Other operating charges | 640/8 | - | €4,450 | +€4,450 | |
| Non-recurring operating charges | 66A | - | €4,000 | +€4,000 | |
| Gross operating margin | 9900 | €107,503 | €104,301 | -€3,202 | -3.0% |
| Operating profit (loss) | 9901 | €77,898 | €69,286 | -€8,612 | -11.1% |
| Financial charges | 65/66B | €56,368 | €76,208 | +€19,840 | +35.2% |
| Recurring financial charges | 65 | €56,368 | €76,208 | +€19,840 | +35.2% |
| Profit (loss) for the period before taxes | 9903 | €21,531 | -€6,922 | -€28,453 | |
| Profit (loss) for the period | 9904 | €21,531 | -€6,922 | -€28,453 | |
| Profit (loss) for the period to be appropriated | 9905 | €21,531 | -€6,922 | -€28,453 |
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 19 October 2026 via checked.be.