BEHEER E & S: 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.
BEHEER E & S
Largest movements
- Tangible fixed assets -€240,349
down €240,349 (-37.7%), from €638,241 to €397,892
of which Land and buildings: -€186,482
- Receivables within one year +€125,876
up €125,876 (+14619.7%), from €861 to €126,737
- Cash -€13,165
down €13,165 (-36.5%), from €36,036 to €22,871
mainly Debts after one year (-€178,151) and Receivables within one year (-€125,876)
- Debts after one year -€178,151
down €178,151 (-43.8%), from €406,877 to €228,726
of which Financial debts: -€178,151
- Reserves +€28,625
up €28,625 (+30.0%), from €95,474 to €124,099
- Current portion of long-term debt +€24,302
up €24,302 (+26.1%), from €93,196 to €117,498
- Tax, wage and social debts -€11,858
down €11,858 (-59.2%), from €20,019 to €8,161
- Depreciation +€28,522
up €28,522 (+73.5%), from €38,827 to €67,349
- Gross operating margin +€7,763
up €7,763 (+6.8%), from €113,577 to €121,340
- Taxes -€6,208
down €6,208 (-31.6%), from €19,638 to €13,429
- Other operating charges -€2,534
down €2,534 (-90.6%), from €2,797 to €263
- Financial charges -€1,345
down €1,345 (-10.2%), from €13,141 to €11,796
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 | €689,693 | €556,256 | -€133,437 | -19.3% |
| Fixed assets | 21/28 | €638,241 | €397,892 | -€240,349 | -37.7% |
| Tangible fixed assets | 22/27 | €638,241 | €397,892 | -€240,349 | -37.7% |
| Land and buildings | 22 | €439,079 | €252,598 | -€186,482 | -42.5% |
| Furniture and vehicles | 24 | €199,162 | €145,295 | -€53,867 | -27.0% |
| Current assets | 29/58 | €51,451 | €158,363 | +€106,912 | +207.8% |
| Stocks and contracts in progress | 3 | €8,711 | €5,770 | -€2,941 | -33.8% |
| Stocks | 30/36 | €8,711 | €5,770 | -€2,941 | -33.8% |
| Amounts receivable within one year | 40/41 | €861 | €126,737 | +€125,876 | +14619.7% |
| Trade receivables | 40 | €861 | €126,737 | +€125,876 | +14619.7% |
| Cash at bank and in hand | 54/58 | €36,036 | €22,871 | -€13,165 | -36.5% |
| Deferred charges and accrued income | 490/1 | €5,843 | €2,985 | -€2,858 | -48.9% |
| Total equity and liabilities | 10/49 | €689,693 | €556,256 | -€133,437 | -19.3% |
| Equity | 10/15 | €114,074 | €142,699 | +€28,625 | +25.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €95,474 | €124,099 | +€28,625 | +30.0% |
| Distributable reserves | 133 | €95,474 | €124,099 | +€28,625 | +30.0% |
| Amounts payable | 17/49 | €575,619 | €413,557 | -€162,062 | -28.2% |
| Amounts payable after more than one year | 17 | €406,877 | €228,726 | -€178,151 | -43.8% |
| Financial debts | 170/4 | €394,877 | €216,726 | -€178,151 | -45.1% |
| Other amounts payable | 178/9 | €12,000 | €12,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €168,742 | €184,831 | +€16,090 | +9.5% |
| Current portion of amounts payable after more than one year | 42 | €93,196 | €117,498 | +€24,302 | +26.1% |
| Trade debts | 44 | €1,604 | €4,887 | +€3,283 | +204.6% |
| Suppliers | 440/4 | €1,604 | €4,887 | +€3,283 | +204.6% |
| Taxes, remuneration and social security | 45 | €20,019 | €8,161 | -€11,858 | -59.2% |
| Taxes | 450/3 | €20,019 | €8,161 | -€11,858 | -59.2% |
| Other amounts payable | 47/48 | €53,923 | €54,285 | +€362 | +0.7% |
| Non-recurring operating income | 76A | €8,345 | €22,513 | +€14,169 | +169.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,827 | €67,349 | +€28,522 | +73.5% |
| Other operating charges | 640/8 | €2,797 | €263 | -€2,534 | -90.6% |
| Gross operating margin | 9900 | €113,577 | €121,340 | +€7,763 | +6.8% |
| Operating profit (loss) | 9901 | €71,953 | €53,729 | -€18,225 | -25.3% |
| Financial income | 75/76B | €237 | €122 | -€115 | -48.4% |
| Recurring financial income | 75 | €237 | €122 | -€115 | -48.4% |
| Financial charges | 65/66B | €13,141 | €11,796 | -€1,345 | -10.2% |
| Recurring financial charges | 65 | €13,141 | €11,796 | -€1,345 | -10.2% |
| Profit (loss) for the period before taxes | 9903 | €59,049 | €42,054 | -€16,995 | -28.8% |
| Income taxes | 67/77 | €19,638 | €13,429 | -€6,208 | -31.6% |
| Profit (loss) for the period | 9904 | €39,412 | €28,625 | -€10,787 | -27.4% |
| Profit (loss) for the period to be appropriated | 9905 | €39,412 | €28,625 | -€10,787 | -27.4% |
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 30 September 2026 via checked.be.