BEGLOBAL: 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.
BEGLOBAL
Largest movements
- Cash +€81,069
up €81,069 (+170.0%), from €47,679 to €128,748
mainly Net result for the year (+€101,239) and Tax, wage and social debts (+€44,851)
- Tangible fixed assets +€72,718
up €72,718 (+510.7%), from €14,240 to €86,958
- Receivables within one year +€8,603
up €8,603 (+5.0%), from €171,200 to €179,803
of which Trade receivables: +€8,603
- Reserves +€108,428
new in 2025: €108,428
of which Distributable reserves: +€58,428
- Tax, wage and social debts +€44,851
up €44,851 (+40.6%), from €110,547 to €155,397
of which Taxes: +€38,918
- Profit (loss) carried forward -€29,782
down €29,782 (-36.8%), from €81,022 to €51,239
- Debts after one year +€21,277
new in 2025: €21,277
- Other debts +€11,975
new in 2025: €11,975
- Turnover +€992,326
up €992,326 (+237.8%), from €417,256 to €1.4m
- Gross operating margin +€844,742
up €844,742 (+222.6%), from €379,557 to €1.2m
- Staff costs +€759,009
up €759,009 (+258.8%), from €293,253 to €1.1m
- Purchases and services +€160,531
up €160,531 (+425.8%), from €37,700 to €198,230
- Taxes +€41,646
new in 2025: €41,646
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 | €233,793 | €395,509 | +€161,716 | +69.2% |
| Fixed assets | 21/28 | €14,240 | €86,958 | +€72,718 | +510.7% |
| Tangible fixed assets | 22/27 | €14,240 | €86,958 | +€72,718 | +510.7% |
| Furniture and vehicles | 24 | €14,240 | €86,958 | +€72,718 | +510.7% |
| Current assets | 29/58 | €219,553 | €308,551 | +€88,998 | +40.5% |
| Amounts receivable within one year | 40/41 | €171,200 | €179,803 | +€8,603 | +5.0% |
| Trade receivables | 40 | €171,200 | €179,803 | +€8,603 | +5.0% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €47,679 | €128,748 | +€81,069 | +170.0% |
| Deferred charges and accrued income | 490/1 | €674 | - | -€674 | |
| Total equity and liabilities | 10/49 | €233,793 | €395,509 | +€161,716 | +69.2% |
| Equity | 10/15 | €86,022 | €164,668 | +€78,646 | +91.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | - | €108,428 | +€108,428 | |
| Non-distributable reserves | 130/1 | - | €50,000 | +€50,000 | |
| Reserves not available under the articles | 1311 | - | €50,000 | +€50,000 | |
| Distributable reserves | 133 | - | €58,428 | +€58,428 | |
| Profit (loss) carried forward | 14 | €81,022 | €51,239 | -€29,782 | -36.8% |
| Amounts payable | 17/49 | €147,771 | €230,841 | +€83,070 | +56.2% |
| Amounts payable after more than one year | 17 | - | €21,277 | +€21,277 | |
| Financial debts | 170/4 | - | €21,277 | +€21,277 | |
| Amounts payable within one year | 42/48 | €147,771 | €209,565 | +€61,793 | +41.8% |
| Trade debts | 44 | €37,225 | €42,192 | +€4,968 | +13.3% |
| Suppliers | 440/4 | €37,225 | €42,192 | +€4,968 | +13.3% |
| Taxes, remuneration and social security | 45 | €110,547 | €155,397 | +€44,851 | +40.6% |
| Taxes | 450/3 | €21,759 | €60,677 | +€38,918 | +178.9% |
| Remuneration and social security | 454/9 | €88,788 | €94,720 | +€5,933 | +6.7% |
| Other amounts payable | 47/48 | - | €11,975 | +€11,975 | |
| Turnover | 70 | €417,256 | €1,409,582 | +€992,326 | +237.8% |
| Non-recurring operating income | 76A | - | €12,996 | +€12,996 | |
| Goods, raw materials, services and sundry goods | 60/61 | €37,700 | €198,230 | +€160,531 | +425.8% |
| Remuneration, social security and pensions | 62 | €293,253 | €1,052,262 | +€759,009 | +258.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,560 | €22,630 | +€19,070 | +535.7% |
| Other operating charges | 640/8 | €2,029 | €6,326 | +€4,297 | +211.7% |
| Gross operating margin | 9900 | €379,557 | €1,224,298 | +€844,742 | +222.6% |
| Operating profit (loss) | 9901 | €80,714 | €143,081 | +€62,367 | +77.3% |
| Financial income | 75/76B | €419 | - | -€419 | |
| Recurring financial income | 75 | €419 | - | -€419 | |
| Financial charges | 65/66B | €111 | €195 | +€85 | +76.6% |
| Recurring financial charges | 65 | €111 | €195 | +€85 | +76.6% |
| Profit (loss) for the period before taxes | 9903 | €81,022 | €142,885 | +€61,863 | +76.4% |
| Income taxes | 67/77 | - | €41,646 | +€41,646 | |
| Profit (loss) for the period | 9904 | €81,022 | €101,239 | +€20,218 | +25.0% |
| Profit (loss) for the period to be appropriated | 9905 | €81,022 | €101,239 | +€20,218 | +25.0% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.