BEHIELS & Co: what changed
BEHIELS & Co
Largest movements
- Deferred charges and accrued income -€35,041
down €35,041 (-93.2%), from €37,580 to €2,539
- Current investments -€32,611
down €32,611 (-100%), from €32,611 to €0
- Cash +€27,653
up €27,653 (+33.2%), from €83,392 to €111,044
mainly Deferred charges and accrued income (+€35,041) and Current investments (+€32,611)
- Tangible fixed assets -€21,498
down €21,498 (-11.5%), from €186,626 to €165,128
of which Furniture and vehicles: -€14,883
- Receivables within one year +€6,514
up €6,514 (+31.6%), from €20,591 to €27,105
of which Other amounts receivable: +€4,161
- Debts after one year -€18,494
down €18,494 (-33.3%), from €55,607 to €37,112
- Reserves -€15,537
down €15,537 (-8.2%), from €190,538 to €175,001
- Other debts -€11,227
down €11,227 (-20.6%), from €54,480 to €43,253
- Tax, wage and social debts -€9,054
down €9,054 (-43.4%), from €20,858 to €11,804
of which Remuneration and social security: -€9,000
- Gross operating margin -€26,460
down €26,460 (-31.6%), from €83,714 to €57,254
- Depreciation +€14,451
up €14,451 (+132%), from €10,982 to €25,433
- Taxes -€6,162
down €6,162 (-41.2%), from €14,973 to €8,811
- Financial charges -€1,388
down €1,388 (-38.8%), from €3,578 to €2,190
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €360,799 | €305,817 | -€54,983 | -15.2% |
| Fixed assets | 21/28 | €186,626 | €165,128 | -€21,498 | -11.5% |
| Tangible fixed assets | 22/27 | €186,626 | €165,128 | -€21,498 | -11.5% |
| Land and buildings | 22 | €106,446 | €98,224 | -€8,222 | -7.7% |
| Plant, machinery and equipment | 23 | €3,257 | €4,864 | +€1,607 | +49.3% |
| Furniture and vehicles | 24 | €76,923 | €62,040 | -€14,883 | -19.3% |
| Current assets | 29/58 | €174,173 | €140,689 | -€33,485 | -19.2% |
| Amounts receivable within one year | 40/41 | €20,591 | €27,105 | +€6,514 | +31.6% |
| Trade receivables | 40 | €20,161 | €22,513 | +€2,353 | +11.7% |
| Other amounts receivable | 41 | €431 | €4,592 | +€4,161 | +966% |
| Current investments | 50/53 | €32,611 | €0 | -€32,611 | -100% |
| Cash at bank and in hand | 54/58 | €83,392 | €111,044 | +€27,653 | +33.2% |
| Deferred charges and accrued income | 490/1 | €37,580 | €2,539 | -€35,041 | -93.2% |
| Total equity and liabilities | 10/49 | €360,799 | €305,817 | -€54,983 | -15.2% |
| Equity | 10/15 | €209,138 | €193,601 | -€15,537 | -7.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €190,538 | €175,001 | -€15,537 | -8.2% |
| Distributable reserves | 133 | €190,538 | €175,001 | -€15,537 | -8.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €151,661 | €112,216 | -€39,446 | -26.0% |
| Amounts payable after more than one year | 17 | €55,607 | €37,112 | -€18,494 | -33.3% |
| Financial debts | 170/4 | €55,607 | €37,112 | -€18,494 | -33.3% |
| Amounts payable within one year | 42/48 | €96,055 | €75,104 | -€20,951 | -21.8% |
| Current portion of amounts payable after more than one year | 42 | €17,922 | €18,494 | +€572 | +3.2% |
| Trade debts | 44 | €2,795 | €1,552 | -€1,242 | -44.5% |
| Suppliers | 440/4 | €2,795 | €1,552 | -€1,242 | -44.5% |
| Taxes, remuneration and social security | 45 | €20,858 | €11,804 | -€9,054 | -43.4% |
| Taxes | 450/3 | €2,858 | €2,804 | -€54 | -1.9% |
| Remuneration and social security | 454/9 | €18,000 | €9,000 | -€9,000 | -50.0% |
| Other amounts payable | 47/48 | €54,480 | €43,253 | -€11,227 | -20.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,982 | €25,433 | +€14,451 | +132% |
| Other operating charges | 640/8 | €1,862 | €2,367 | +€504 | +27.1% |
| Non-recurring operating charges | 66A | €13,513 | €0 | -€13,513 | -100% |
| Gross operating margin | 9900 | €83,714 | €57,254 | -€26,460 | -31.6% |
| Operating profit (loss) | 9901 | €57,357 | €29,454 | -€27,902 | -48.6% |
| Financial income | 75/76B | €868 | €1,010 | +€142 | +16.4% |
| Recurring financial income | 75 | €868 | €1,010 | +€142 | +16.4% |
| Financial charges | 65/66B | €3,578 | €2,190 | -€1,388 | -38.8% |
| Recurring financial charges | 65 | €3,578 | €2,190 | -€1,388 | -38.8% |
| Profit (loss) for the period before taxes | 9903 | €54,646 | €28,274 | -€26,372 | -48.3% |
| Income taxes | 67/77 | €14,973 | €8,811 | -€6,162 | -41.2% |
| Profit (loss) for the period | 9904 | €39,674 | €19,463 | -€20,210 | -50.9% |
| Profit (loss) for the period to be appropriated | 9905 | €39,674 | €19,463 | -€20,210 | -50.9% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.