BEG-IN: 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.
BEG-IN
Largest movements
- Tangible fixed assets -€9,418
down €9,418 (-32.6%), from €28,903 to €19,485
- Cash -€2,287
down €2,287 (-20.8%), from €11,008 to €8,721
mainly Net result for the year (-€8,241) and Debts after one year (-€5,834)
- Receivables within one year +€849
up €849 (+204%), from €416 to €1,265
- Profit (loss) carried forward -€8,241
down €8,241 (-53.1%), from €15,514 to €7,273
- Debts after one year -€5,834
down €5,834 (-51.2%), from €11,385 to €5,552
- Other debts +€2,210
up €2,210 (+59.9%), from €3,688 to €5,898
- Trade debts +€623
up €623 (+457%), from €136 to €759
- Gross operating margin +€2,931
up €2,931 (+393%), from €745 to €3,676
- Depreciation -€578
down €578 (-5.4%), from €10,609 to €10,031
- Other operating charges +€224
up €224 (+25.9%), from €865 to €1,089
- Financial charges -€212
down €212 (-24.4%), from €868 to €656
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 | €40,370 | €29,569 | -€10,801 | -26.8% |
| Fixed assets | 21/28 | €28,903 | €19,485 | -€9,418 | -32.6% |
| Tangible fixed assets | 22/27 | €28,903 | €19,485 | -€9,418 | -32.6% |
| Furniture and vehicles | 24 | €28,903 | €19,485 | -€9,418 | -32.6% |
| Current assets | 29/58 | €11,467 | €10,085 | -€1,382 | -12.1% |
| Amounts receivable within one year | 40/41 | €416 | €1,265 | +€849 | +204% |
| Trade receivables | 40 | €416 | €1,265 | +€849 | +204% |
| Cash at bank and in hand | 54/58 | €11,008 | €8,721 | -€2,287 | -20.8% |
| Deferred charges and accrued income | 490/1 | €43 | €99 | +€55 | +128% |
| Total equity and liabilities | 10/49 | €40,370 | €29,569 | -€10,801 | -26.8% |
| Equity | 10/15 | €17,514 | €9,273 | -€8,241 | -47.1% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €15,514 | €7,273 | -€8,241 | -53.1% |
| Amounts payable | 17/49 | €22,856 | €20,296 | -€2,560 | -11.2% |
| Amounts payable after more than one year | 17 | €11,385 | €5,552 | -€5,834 | -51.2% |
| Financial debts | 170/4 | €11,385 | €5,552 | -€5,834 | -51.2% |
| Amounts payable within one year | 42/48 | €11,471 | €14,494 | +€3,023 | +26.4% |
| Current portion of amounts payable after more than one year | 42 | €5,610 | €5,834 | +€224 | +4.0% |
| Trade debts | 44 | €136 | €759 | +€623 | +457% |
| Suppliers | 440/4 | €136 | €759 | +€623 | +457% |
| Taxes, remuneration and social security | 45 | €2,037 | €2,004 | -€33 | -1.6% |
| Taxes | 450/3 | €2,037 | €2,004 | -€33 | -1.6% |
| Other amounts payable | 47/48 | €3,688 | €5,898 | +€2,210 | +59.9% |
| Accrued charges and deferred income | 492/3 | - | €250 | +€250 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,609 | €10,031 | -€578 | -5.4% |
| Other operating charges | 640/8 | €865 | €1,089 | +€224 | +25.9% |
| Gross operating margin | 9900 | €745 | €3,676 | +€2,931 | +393% |
| Operating profit (loss) | 9901 | -€10,729 | -€7,444 | +€3,285 | +30.6% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €868 | €656 | -€212 | -24.4% |
| Recurring financial charges | 65 | €868 | €656 | -€212 | -24.4% |
| Profit (loss) for the period before taxes | 9903 | -€11,596 | -€8,100 | +€3,496 | +30.1% |
| Income taxes | 67/77 | €142 | €141 | -€1 | -0.4% |
| Profit (loss) for the period | 9904 | -€11,737 | -€8,241 | +€3,497 | +29.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€11,737 | -€8,241 | +€3,497 | +29.8% |
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 16 October 2026 via checked.be.