BEJA MANAGEMENT: 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 MANAGEMENT
Largest movements
- Receivables within one year -€42,439
down €42,439 (-68.9%), from €61,565 to €19,126
of which Trade receivables: -€56,975
- Cash +€21,711
up €21,711 (+6.3%), from €342,385 to €364,096
mainly Receivables within one year (+€42,439) and Net result for the year (+€22,686)
- Tangible fixed assets -€13,784
down €13,784 (-19.1%), from €72,046 to €58,262
of which Furniture and vehicles: -€6,928
- Reserves -€38,858
down €38,858 (-12.6%), from €309,179 to €270,321
- Other debts +€7,281
up €7,281 (+14.2%), from €51,184 to €58,465
- Tax, wage and social debts +€6,085
up €6,085 (+69.8%), from €8,722 to €14,807
of which Remuneration and social security: +€4,464
- Debts after one year -€5,958
down €5,958 (-15.6%), from €38,160 to €32,202
- Gross operating margin -€24,698
down €24,698 (-33.3%), from €74,236 to €49,538
- Taxes -€6,207
down €6,207 (-40.3%), from €15,411 to €9,204
- Depreciation -€2,824
down €2,824 (-15.9%), from €17,806 to €14,982
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 | €477,706 | €442,670 | -€35,036 | -7.3% |
| Fixed assets | 21/28 | €72,046 | €58,262 | -€13,784 | -19.1% |
| Tangible fixed assets | 22/27 | €72,046 | €58,262 | -€13,784 | -19.1% |
| Land and buildings | 22 | €37,271 | €31,980 | -€5,291 | -14.2% |
| Plant, machinery and equipment | 23 | €6,262 | €4,697 | -€1,565 | -25.0% |
| Furniture and vehicles | 24 | €28,513 | €21,585 | -€6,928 | -24.3% |
| Current assets | 29/58 | €405,660 | €384,408 | -€21,252 | -5.2% |
| Amounts receivable within one year | 40/41 | €61,565 | €19,126 | -€42,439 | -68.9% |
| Trade receivables | 40 | €56,975 | - | -€56,975 | |
| Other amounts receivable | 41 | €4,590 | €19,126 | +€14,536 | +317% |
| Cash at bank and in hand | 54/58 | €342,385 | €364,096 | +€21,711 | +6.3% |
| Deferred charges and accrued income | 490/1 | €1,710 | €1,186 | -€524 | -30.6% |
| Total equity and liabilities | 10/49 | €477,706 | €442,670 | -€35,036 | -7.3% |
| Equity | 10/15 | €321,460 | €282,602 | -€38,858 | -12.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | - | -€6,200 | |
| Issued capital | 100 | €6,200 | - | -€6,200 | |
| Reserves | 13 | €309,179 | €270,321 | -€38,858 | -12.6% |
| Distributable reserves | 133 | €309,179 | €270,321 | -€38,858 | -12.6% |
| Profit (loss) carried forward | 14 | €6,081 | €6,081 | = | 0.0% |
| Provisions and deferred taxes | 16 | €42,142 | €42,142 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €42,142 | €42,142 | = | 0.0% |
| Pensions and similar obligations | 160 | €42,142 | €42,142 | = | 0.0% |
| Amounts payable | 17/49 | €114,104 | €117,926 | +€3,822 | +3.3% |
| Amounts payable after more than one year | 17 | €38,160 | €32,202 | -€5,958 | -15.6% |
| Financial debts | 170/4 | €38,160 | €32,202 | -€5,958 | -15.6% |
| Amounts payable within one year | 42/48 | €74,580 | €84,168 | +€9,588 | +12.9% |
| Current portion of amounts payable after more than one year | 42 | €5,278 | €5,492 | +€214 | +4.1% |
| Trade debts | 44 | €9,396 | €5,404 | -€3,992 | -42.5% |
| Suppliers | 440/4 | €9,396 | €5,404 | -€3,992 | -42.5% |
| Taxes, remuneration and social security | 45 | €8,722 | €14,807 | +€6,085 | +69.8% |
| Taxes | 450/3 | €8,722 | €10,343 | +€1,621 | +18.6% |
| Remuneration and social security | 454/9 | - | €4,464 | +€4,464 | |
| Other amounts payable | 47/48 | €51,184 | €58,465 | +€7,281 | +14.2% |
| Accrued charges and deferred income | 492/3 | €1,364 | €1,556 | +€192 | +14.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,806 | €14,982 | -€2,824 | -15.9% |
| Other operating charges | 640/8 | €126 | €528 | +€402 | +319% |
| Gross operating margin | 9900 | €74,236 | €49,538 | -€24,698 | -33.3% |
| Operating profit (loss) | 9901 | €56,304 | €34,028 | -€22,276 | -39.6% |
| Financial income | 75/76B | €2 | €79 | +€77 | +3,850% |
| Recurring financial income | 75 | €2 | €79 | +€77 | +3,850% |
| Financial charges | 65/66B | €2,104 | €2,217 | +€113 | +5.4% |
| Recurring financial charges | 65 | €2,104 | €2,217 | +€113 | +5.4% |
| Profit (loss) for the period before taxes | 9903 | €54,202 | €31,890 | -€22,312 | -41.2% |
| Income taxes | 67/77 | €15,411 | €9,204 | -€6,207 | -40.3% |
| Profit (loss) for the period | 9904 | €38,791 | €22,686 | -€16,105 | -41.5% |
| Profit (loss) for the period to be appropriated | 9905 | €38,791 | €22,686 | -€16,105 | -41.5% |
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 17 October 2026 via checked.be.