BEGOSTAR: 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.
BEGOSTAR
Largest movements
- Cash +€14,133
up €14,133 (+25.3%), from €55,758 to €69,891
mainly Net result for the year (+€14,623) and Receivables within one year (+€4,762)
- Receivables within one year -€4,762
down €4,762 (-37.4%), from €12,729 to €7,967
of which Trade receivables: -€4,780
- Reserves +€14,500
up €14,500 (+38.2%), from €38,000 to €52,500
- Other debts -€6,341
down €6,341 (-69.0%), from €9,194 to €2,853
- Tax, wage and social debts +€1,722
up €1,722 (+24.8%), from €6,945 to €8,668
of which Taxes: +€1,722
- Gross operating margin +€4,651
up €4,651 (+25.7%), from €18,097 to €22,748
- Taxes +€1,159
up €1,159 (+23.6%), from €4,919 to €6,079
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 | €68,760 | €78,133 | +€9,373 | +13.6% |
| Fixed assets | 21/28 | €230 | €230 | = | 0.0% |
| Financial fixed assets | 28 | €230 | €230 | = | 0.0% |
| Current assets | 29/58 | €68,530 | €77,903 | +€9,373 | +13.7% |
| Amounts receivable within one year | 40/41 | €12,729 | €7,967 | -€4,762 | -37.4% |
| Trade receivables | 40 | €12,729 | €7,950 | -€4,780 | -37.5% |
| Other amounts receivable | 41 | - | €17 | +€17 | |
| Cash at bank and in hand | 54/58 | €55,758 | €69,891 | +€14,133 | +25.3% |
| Deferred charges and accrued income | 490/1 | €44 | €45 | +€1 | +3.4% |
| Total equity and liabilities | 10/49 | €68,760 | €78,133 | +€9,373 | +13.6% |
| Equity | 10/15 | €50,813 | €65,436 | +€14,623 | +28.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €38,000 | €52,500 | +€14,500 | +38.2% |
| Distributable reserves | 133 | €38,000 | €52,500 | +€14,500 | +38.2% |
| Profit (loss) carried forward | 14 | €6,613 | €6,736 | +€123 | +1.9% |
| Amounts payable | 17/49 | €17,947 | €12,697 | -€5,250 | -29.3% |
| Amounts payable within one year | 42/48 | €17,947 | €12,697 | -€5,250 | -29.3% |
| Trade debts | 44 | €1,808 | €1,177 | -€631 | -34.9% |
| Suppliers | 440/4 | €1,808 | €1,177 | -€631 | -34.9% |
| Taxes, remuneration and social security | 45 | €6,945 | €8,668 | +€1,722 | +24.8% |
| Taxes | 450/3 | €5,445 | €7,168 | +€1,722 | +31.6% |
| Remuneration and social security | 454/9 | €1,500 | €1,500 | = | 0.0% |
| Other amounts payable | 47/48 | €9,194 | €2,853 | -€6,341 | -69.0% |
| Other operating charges | 640/8 | €1,894 | €1,881 | -€13 | -0.7% |
| Gross operating margin | 9900 | €18,097 | €22,748 | +€4,651 | +25.7% |
| Operating profit (loss) | 9901 | €16,202 | €20,867 | +€4,664 | +28.8% |
| Financial charges | 65/66B | €46 | €165 | +€120 | +261.4% |
| Recurring financial charges | 65 | €46 | €165 | +€120 | +261.4% |
| Profit (loss) for the period before taxes | 9903 | €16,157 | €20,702 | +€4,545 | +28.1% |
| Income taxes | 67/77 | €4,919 | €6,079 | +€1,159 | +23.6% |
| Profit (loss) for the period | 9904 | €11,237 | €14,623 | +€3,385 | +30.1% |
| Profit (loss) for the period to be appropriated | 9905 | €11,237 | €14,623 | +€3,385 | +30.1% |
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 12 October 2026 via checked.be.