BEJA: 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.
BEJA
Largest movements
- Tangible fixed assets +€506,155
up €506,155 (+515%), from €98,247 to €604,402
of which Land and buildings: +€472,486
- Cash -€314,443
down €314,443 (-93.4%), from €336,520 to €22,077
mainly Investment in fixed assets (net) (-€552,001) and Trade debts (-€82,714)
- Receivables after one year +€51,000
new in 2025: €51,000
- Receivables within one year +€11,934
up €11,934 (+24.3%), from €49,083 to €61,016
of which Trade receivables: +€21,002
- Debts after one year +€329,650
up €329,650 (+302%), from €109,143 to €438,793
of which Financial debts: +€419,650
- Trade debts -€82,714
down €82,714 (-81.8%), from €101,107 to €18,393
- Short-term financial debts +€37,465
up €37,465 (+330%), from €11,357 to €48,822
- Tax, wage and social debts -€24,473
down €24,473 (-31.7%), from €77,088 to €52,614
of which Taxes: -€27,361
- Profit (loss) carried forward -€8,408
down €8,408 (-5.5%), from €154,105 to €145,697
- Staff costs +€72,026
up €72,026 (+11.3%), from €634,954 to €706,979
- Gross operating margin +€33,556
up €33,556 (+4.2%), from €804,422 to €837,978
- Depreciation +€12,113
up €12,113 (+35.9%), from €33,733 to €45,846
- Taxes +€9,273
up €9,273 (+79.3%), from €11,686 to €20,959
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.
Derived cash bridge
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 | €510,275 | €765,226 | +€254,951 | +50.0% |
| Fixed assets | 21/28 | €118,264 | €624,419 | +€506,155 | +428% |
| Tangible fixed assets | 22/27 | €98,247 | €604,402 | +€506,155 | +515% |
| Land and buildings | 22 | - | €472,486 | +€472,486 | |
| Plant, machinery and equipment | 23 | €84,605 | €89,575 | +€4,970 | +5.9% |
| Furniture and vehicles | 24 | €12,939 | €20,221 | +€7,282 | +56.3% |
| Leasing and similar rights | 25 | €703 | €490 | -€213 | -30.3% |
| Other tangible fixed assets | 26 | - | €21,630 | +€21,630 | |
| Financial fixed assets | 28 | €20,017 | €20,017 | = | 0.0% |
| Current assets | 29/58 | €392,010 | €140,807 | -€251,204 | -64.1% |
| Amounts receivable after more than one year | 29 | - | €51,000 | +€51,000 | |
| Trade receivables | 290 | - | €51,000 | +€51,000 | |
| Stocks and contracts in progress | 3 | €6,408 | €6,713 | +€305 | +4.8% |
| Stocks | 30/36 | €6,408 | €6,713 | +€305 | +4.8% |
| Amounts receivable within one year | 40/41 | €49,083 | €61,016 | +€11,934 | +24.3% |
| Trade receivables | 40 | €38,583 | €59,585 | +€21,002 | +54.4% |
| Other amounts receivable | 41 | €10,500 | €1,431 | -€9,069 | -86.4% |
| Cash at bank and in hand | 54/58 | €336,520 | €22,077 | -€314,443 | -93.4% |
| Total equity and liabilities | 10/49 | €510,275 | €765,226 | +€254,951 | +50.0% |
| Equity | 10/15 | €192,554 | €184,146 | -€8,408 | -4.4% |
| Contributions | 10/11 | €34,953 | €34,953 | = | 0.0% |
| Reserves | 13 | €3,496 | €3,496 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,496 | €3,496 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,496 | €3,496 | = | 0.0% |
| Profit (loss) carried forward | 14 | €154,105 | €145,697 | -€8,408 | -5.5% |
| Amounts payable | 17/49 | €317,721 | €581,080 | +€263,359 | +82.9% |
| Amounts payable after more than one year | 17 | €109,143 | €438,793 | +€329,650 | +302% |
| Financial debts | 170/4 | €19,143 | €438,793 | +€419,650 | +2,192% |
| Other amounts payable | 178/9 | €90,000 | - | -€90,000 | |
| Amounts payable within one year | 42/48 | €208,578 | €142,287 | -€66,291 | -31.8% |
| Financial debts | 43 | €11,357 | €48,822 | +€37,465 | +330% |
| Credit institutions | 430/8 | €11,357 | €48,822 | +€37,465 | +330% |
| Trade debts | 44 | €101,107 | €18,393 | -€82,714 | -81.8% |
| Suppliers | 440/4 | €101,107 | €18,393 | -€82,714 | -81.8% |
| Taxes, remuneration and social security | 45 | €77,088 | €52,614 | -€24,473 | -31.7% |
| Taxes | 450/3 | €47,517 | €20,156 | -€27,361 | -57.6% |
| Remuneration and social security | 454/9 | €29,571 | €32,459 | +€2,888 | +9.8% |
| Other amounts payable | 47/48 | €19,026 | €22,458 | +€3,432 | +18.0% |
| Remuneration, social security and pensions | 62 | €634,954 | €706,979 | +€72,026 | +11.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,733 | €45,846 | +€12,113 | +35.9% |
| Other operating charges | 640/8 | €74,160 | €75,864 | +€1,705 | +2.3% |
| Non-recurring operating charges | 66A | €76 | €500 | +€424 | +558% |
| Gross operating margin | 9900 | €804,422 | €837,978 | +€33,556 | +4.2% |
| Operating profit (loss) | 9901 | €61,500 | €8,788 | -€52,712 | -85.7% |
| Financial income | 75/76B | €423 | €4,287 | +€3,864 | +913% |
| Recurring financial income | 75 | €423 | €4,287 | +€3,864 | +913% |
| Financial charges | 65/66B | €1,529 | €524 | -€1,005 | -65.7% |
| Recurring financial charges | 65 | €1,529 | €524 | -€1,005 | -65.7% |
| Profit (loss) for the period before taxes | 9903 | €60,394 | €12,551 | -€47,843 | -79.2% |
| Income taxes | 67/77 | €11,686 | €20,959 | +€9,273 | +79.3% |
| Profit (loss) for the period | 9904 | €48,708 | -€8,408 | -€57,116 | |
| Profit (loss) for the period to be appropriated | 9905 | €48,708 | -€8,408 | -€57,116 |
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 27 October 2026 via checked.be.