beGX: 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.
beGX
Largest movements
- Cash -€27,892
down €27,892 (-48.0%), from €58,093 to €30,201
mainly Tax, wage and social debts (-€20,942) and Trade debts (-€18,034)
- Tangible fixed assets -€20,865
down €20,865 (-28.1%), from €74,299 to €53,434
of which Plant, machinery and equipment: -€11,100
- Tax, wage and social debts -€20,942
down €20,942 (-40.3%), from €51,963 to €31,021
of which Taxes: -€12,287
- Trade debts -€18,034
down €18,034 (-58.9%), from €30,619 to €12,585
- Other debts +€10,833
up €10,833 (+24.5%), from €44,285 to €55,118
- Debts after one year -€9,061
no longer reported in 2025 (was €9,061)
- Current portion of long-term debt -€5,674
down €5,674 (-25.0%), from €22,735 to €17,061
- Gross operating margin -€110,191
down €110,191 (-45.1%), from €244,578 to €134,387
- Write-downs -€36,815
down €36,815, from €18,567 to -€18,247
- Staff costs -€19,915
down €19,915 (-14.0%), from €142,543 to €122,628
- Taxes -€12,120
down €12,120 (-89.7%), from €13,514 to €1,394
- Depreciation -€4,201
down €4,201 (-12.3%), from €34,014 to €29,813
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 | €282,126 | €232,834 | -€49,292 | -17.5% |
| Fixed assets | 21/28 | €74,499 | €54,856 | -€19,643 | -26.4% |
| Intangible fixed assets | 21 | - | €1,222 | +€1,222 | |
| Tangible fixed assets | 22/27 | €74,299 | €53,434 | -€20,865 | -28.1% |
| Plant, machinery and equipment | 23 | €45,787 | €34,687 | -€11,100 | -24.2% |
| Furniture and vehicles | 24 | €23,224 | €14,133 | -€9,091 | -39.1% |
| Other tangible fixed assets | 26 | €5,288 | €4,614 | -€674 | -12.7% |
| Financial fixed assets | 28 | €200 | €200 | = | 0.0% |
| Current assets | 29/58 | €207,627 | €177,979 | -€29,648 | -14.3% |
| Amounts receivable within one year | 40/41 | €143,864 | €141,715 | -€2,148 | -1.5% |
| Trade receivables | 40 | €143,107 | €139,208 | -€3,899 | -2.7% |
| Other amounts receivable | 41 | €757 | €2,507 | +€1,751 | +231.4% |
| Cash at bank and in hand | 54/58 | €58,093 | €30,201 | -€27,892 | -48.0% |
| Deferred charges and accrued income | 490/1 | €5,670 | €6,063 | +€393 | +6.9% |
| Total equity and liabilities | 10/49 | €282,126 | €232,834 | -€49,292 | -17.5% |
| Equity | 10/15 | €119,564 | €115,513 | -€4,051 | -3.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €97,810 | €97,810 | = | 0.0% |
| Distributable reserves | 133 | €97,810 | €97,810 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,154 | -€897 | -€4,051 | |
| Amounts payable | 17/49 | €162,562 | €117,322 | -€45,240 | -27.8% |
| Amounts payable after more than one year | 17 | €9,061 | - | -€9,061 | |
| Financial debts | 170/4 | €9,061 | - | -€9,061 | |
| Amounts payable within one year | 42/48 | €149,603 | €115,785 | -€33,817 | -22.6% |
| Current portion of amounts payable after more than one year | 42 | €22,735 | €17,061 | -€5,674 | -25.0% |
| Trade debts | 44 | €30,619 | €12,585 | -€18,034 | -58.9% |
| Suppliers | 440/4 | €30,619 | €12,585 | -€18,034 | -58.9% |
| Taxes, remuneration and social security | 45 | €51,963 | €31,021 | -€20,942 | -40.3% |
| Taxes | 450/3 | €23,683 | €11,396 | -€12,287 | -51.9% |
| Remuneration and social security | 454/9 | €28,280 | €19,625 | -€8,655 | -30.6% |
| Other amounts payable | 47/48 | €44,285 | €55,118 | +€10,833 | +24.5% |
| Accrued charges and deferred income | 492/3 | €3,899 | €1,537 | -€2,362 | -60.6% |
| Non-recurring operating income | 76A | - | €2,400 | +€2,400 | |
| Remuneration, social security and pensions | 62 | €142,543 | €122,628 | -€19,915 | -14.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,014 | €29,813 | -€4,201 | -12.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €18,567 | -€18,247 | -€36,815 | |
| Other operating charges | 640/8 | €2,673 | €1,540 | -€1,132 | -42.4% |
| Non-recurring operating charges | 66A | €10,958 | - | -€10,958 | |
| Gross operating margin | 9900 | €244,578 | €134,387 | -€110,191 | -45.1% |
| Operating profit (loss) | 9901 | €35,822 | -€1,347 | -€37,169 | |
| Financial income | 75/76B | €15 | €5 | -€10 | -67.3% |
| Recurring financial income | 75 | €15 | €5 | -€10 | -67.3% |
| Financial charges | 65/66B | €2,109 | €1,315 | -€795 | -37.7% |
| Recurring financial charges | 65 | €2,109 | €1,315 | -€795 | -37.7% |
| Profit (loss) for the period before taxes | 9903 | €33,727 | -€2,657 | -€36,384 | |
| Income taxes | 67/77 | €13,514 | €1,394 | -€12,120 | -89.7% |
| Profit (loss) for the period | 9904 | €20,213 | -€4,051 | -€24,264 | |
| Profit (loss) for the period to be appropriated | 9905 | €20,213 | -€4,051 | -€24,264 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.