BEP: 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.
BEP
Largest movements
- Cash +€12,581
up €12,581 (+33.7%), from €37,367 to €49,947
mainly Net result for the year (+€14,607) and Depreciation (+€777)
- Tangible fixed assets -€777
down €777 (-40.7%), from €1,909 to €1,132
of which Furniture and vehicles: -€392
- Reserves +€14,607
up €14,607 (+40.5%), from €36,088 to €50,694
- Other debts -€2,900
down €2,900 (-56.9%), from €5,096 to €2,195
- Gross operating margin -€1,374
down €1,374 (-6.0%), from €22,733 to €21,359
- Depreciation +€355
up €355 (+84.2%), from €422 to €777
- Taxes -€340
down €340 (-6.5%), from €5,193 to €4,853
- Other operating charges +€264
up €264 (+40.7%), from €649 to €913
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 | €47,529 | €58,969 | +€11,440 | +24.1% |
| Fixed assets | 21/28 | €1,909 | €1,132 | -€777 | -40.7% |
| Tangible fixed assets | 22/27 | €1,909 | €1,132 | -€777 | -40.7% |
| Plant, machinery and equipment | 23 | €995 | €610 | -€385 | -38.7% |
| Furniture and vehicles | 24 | €914 | €523 | -€392 | -42.9% |
| Current assets | 29/58 | €45,620 | €57,837 | +€12,217 | +26.8% |
| Amounts receivable within one year | 40/41 | €7,610 | €7,737 | +€127 | +1.7% |
| Trade receivables | 40 | €7,302 | €7,282 | -€20 | -0.3% |
| Other amounts receivable | 41 | €307 | €455 | +€147 | +47.9% |
| Cash at bank and in hand | 54/58 | €37,367 | €49,947 | +€12,581 | +33.7% |
| Deferred charges and accrued income | 490/1 | €644 | €153 | -€491 | -76.2% |
| Total equity and liabilities | 10/49 | €47,529 | €58,969 | +€11,440 | +24.1% |
| Equity | 10/15 | €39,088 | €53,694 | +€14,607 | +37.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €36,088 | €50,694 | +€14,607 | +40.5% |
| Distributable reserves | 133 | €36,088 | €50,694 | +€14,607 | +40.5% |
| Amounts payable | 17/49 | €8,441 | €5,275 | -€3,167 | -37.5% |
| Amounts payable within one year | 42/48 | €8,441 | €5,275 | -€3,167 | -37.5% |
| Trade debts | 44 | €1,088 | €1,044 | -€44 | -4.1% |
| Suppliers | 440/4 | €1,088 | €1,044 | -€44 | -4.1% |
| Taxes, remuneration and social security | 45 | €2,258 | €2,036 | -€222 | -9.8% |
| Taxes | 450/3 | €2,258 | €2,036 | -€222 | -9.8% |
| Other amounts payable | 47/48 | €5,096 | €2,195 | -€2,900 | -56.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €422 | €777 | +€355 | +84.2% |
| Other operating charges | 640/8 | €649 | €913 | +€264 | +40.7% |
| Gross operating margin | 9900 | €22,733 | €21,359 | -€1,374 | -6.0% |
| Operating profit (loss) | 9901 | €21,662 | €19,669 | -€1,994 | -9.2% |
| Financial income | 75/76B | €24 | - | -€24 | |
| Recurring financial income | 75 | €24 | - | -€24 | |
| Financial charges | 65/66B | €184 | €209 | +€25 | +13.8% |
| Recurring financial charges | 65 | €184 | €209 | +€25 | +13.8% |
| Profit (loss) for the period before taxes | 9903 | €21,503 | €19,460 | -€2,043 | -9.5% |
| Income taxes | 67/77 | €5,193 | €4,853 | -€340 | -6.5% |
| Profit (loss) for the period | 9904 | €16,310 | €14,607 | -€1,703 | -10.4% |
| Profit (loss) for the period to be appropriated | 9905 | €16,310 | €14,607 | -€1,703 | -10.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.