BEG Partner: 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.
BEG Partner
Largest movements
- Cash +€29,081
up €29,081 (+204.1%), from €14,248 to €43,329
mainly Net result for the year (+€43,197) and Other debts (+€13,581)
- Receivables within one year +€24,678
up €24,678 (+72.0%), from €34,293 to €58,971
of which Trade receivables: +€16,847
- Reserves +€41,749
up €41,749 (+55.3%), from €75,496 to €117,245
of which Distributable reserves: +€41,749
- Other debts +€13,581
new in 2025: €13,581
- Tax, wage and social debts -€6,118
down €6,118 (-17.4%), from €35,155 to €29,037
- Gross operating margin -€21,774
down €21,774 (-23.0%), from €94,630 to €72,855
- Taxes -€6,717
down €6,717 (-21.5%), from €31,304 to €24,587
- Depreciation -€2,816
down €2,816 (-46.1%), from €6,107 to €3,291
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 | €217,913 | €269,876 | +€51,963 | +23.8% |
| Fixed assets | 21/28 | €166,839 | €165,175 | -€1,665 | -1.0% |
| Tangible fixed assets | 22/27 | €7,740 | €6,076 | -€1,665 | -21.5% |
| Furniture and vehicles | 24 | €7,117 | €5,752 | -€1,366 | -19.2% |
| Other tangible fixed assets | 26 | €623 | €324 | -€299 | -48.0% |
| Financial fixed assets | 28 | €159,099 | €159,099 | = | 0.0% |
| Current assets | 29/58 | €51,074 | €104,701 | +€53,628 | +105.0% |
| Amounts receivable within one year | 40/41 | €34,293 | €58,971 | +€24,678 | +72.0% |
| Trade receivables | 40 | €7,124 | €23,971 | +€16,847 | +236.5% |
| Other amounts receivable | 41 | €27,169 | €35,000 | +€7,831 | +28.8% |
| Cash at bank and in hand | 54/58 | €14,248 | €43,329 | +€29,081 | +204.1% |
| Deferred charges and accrued income | 490/1 | €2,533 | €2,402 | -€131 | -5.2% |
| Total equity and liabilities | 10/49 | €217,913 | €269,876 | +€51,963 | +23.8% |
| Equity | 10/15 | €179,181 | €221,545 | +€42,364 | +23.6% |
| Contributions | 10/11 | €6,300 | €6,300 | = | 0.0% |
| Reserves | 13 | €75,496 | €117,245 | +€41,749 | +55.3% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €73,636 | €115,385 | +€41,749 | +56.7% |
| Profit (loss) carried forward | 14 | €97,384 | €98,000 | +€616 | +0.6% |
| Amounts payable | 17/49 | €38,732 | €48,331 | +€9,599 | +24.8% |
| Amounts payable within one year | 42/48 | €38,724 | €48,331 | +€9,607 | +24.8% |
| Trade debts | 44 | €3,569 | €5,713 | +€2,143 | +60.0% |
| Suppliers | 440/4 | €3,569 | €5,713 | +€2,143 | +60.0% |
| Taxes, remuneration and social security | 45 | €35,155 | €29,037 | -€6,118 | -17.4% |
| Taxes | 450/3 | €35,155 | €29,037 | -€6,118 | -17.4% |
| Other amounts payable | 47/48 | - | €13,581 | +€13,581 | |
| Accrued charges and deferred income | 492/3 | €8 | - | -€8 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,107 | €3,291 | -€2,816 | -46.1% |
| Other operating charges | 640/8 | €964 | €966 | +€2 | +0.2% |
| Gross operating margin | 9900 | €94,630 | €72,855 | -€21,774 | -23.0% |
| Operating profit (loss) | 9901 | €87,558 | €68,598 | -€18,960 | -21.7% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €1,000 | €814 | -€187 | -18.7% |
| Recurring financial charges | 65 | €1,000 | €814 | -€187 | -18.7% |
| Profit (loss) for the period before taxes | 9903 | €86,558 | €67,785 | -€18,773 | -21.7% |
| Income taxes | 67/77 | €31,304 | €24,587 | -€6,717 | -21.5% |
| Profit (loss) for the period | 9904 | €55,254 | €43,197 | -€12,056 | -21.8% |
| Profit (loss) for the period to be appropriated | 9905 | €55,254 | €43,197 | -€12,056 | -21.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.