BEPA: 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.
BEPA
Largest movements
- Receivables within one year +€9,140
up €9,140 (+181.0%), from €5,050 to €14,190
- Cash +€1,667
up €1,667 (+75.4%), from €2,211 to €3,878
mainly Net result for the year (+€11,067) and Tax, wage and social debts (+€5,379)
- Reserves +€11,067
up €11,067 (+59.5%), from €18,592 to €29,659
- Other debts -€5,655
down €5,655 (-9.1%), from €61,847 to €56,192
- Tax, wage and social debts +€5,379
up €5,379 (+1892.0%), from €284 to €5,664
- Gross operating margin +€15,165
up €15,165 (+230.2%), from €6,589 to €21,753
- Taxes +€5,381
up €5,381 (+1892.4%), from €284 to €5,665
- Other operating charges -€252
down €252 (-29.8%), from €847 to €595
- Financial charges -€246
down €246 (-5.3%), from €4,677 to €4,431
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 | €104,103 | €114,910 | +€10,807 | +10.4% |
| Fixed assets | 21/28 | €95,194 | €95,194 | = | 0.0% |
| Financial fixed assets | 28 | €95,194 | €95,194 | = | 0.0% |
| Current assets | 29/58 | €8,908 | €19,715 | +€10,807 | +121.3% |
| Stocks and contracts in progress | 3 | €1,648 | €1,648 | = | 0.0% |
| Stocks | 30/36 | €1,648 | €1,648 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €5,050 | €14,190 | +€9,140 | +181.0% |
| Trade receivables | 40 | €5,050 | €14,190 | +€9,140 | +181.0% |
| Cash at bank and in hand | 54/58 | €2,211 | €3,878 | +€1,667 | +75.4% |
| Total equity and liabilities | 10/49 | €104,103 | €114,910 | +€10,807 | +10.4% |
| Equity | 10/15 | €41,408 | €52,475 | +€11,067 | +26.7% |
| Contributions | 10/11 | €0 | - | = | |
| Reserves | 13 | €18,592 | €29,659 | +€11,067 | +59.5% |
| Distributable reserves | 133 | €18,592 | €29,659 | +€11,067 | +59.5% |
| Profit (loss) carried forward | 14 | €22,816 | €22,816 | = | 0.0% |
| Amounts payable | 17/49 | €62,694 | €62,434 | -€260 | -0.4% |
| Amounts payable within one year | 42/48 | €62,195 | €61,921 | -€274 | -0.4% |
| Trade debts | 44 | €64 | €66 | +€2 | +3.0% |
| Suppliers | 440/4 | €64 | €66 | +€2 | +3.0% |
| Taxes, remuneration and social security | 45 | €284 | €5,664 | +€5,379 | +1892.0% |
| Taxes | 450/3 | €284 | €5,664 | +€5,379 | +1892.0% |
| Other amounts payable | 47/48 | €61,847 | €56,192 | -€5,655 | -9.1% |
| Accrued charges and deferred income | 492/3 | €499 | €513 | +€14 | +2.8% |
| Other operating charges | 640/8 | €847 | €595 | -€252 | -29.8% |
| Gross operating margin | 9900 | €6,589 | €21,753 | +€15,165 | +230.2% |
| Operating profit (loss) | 9901 | €5,742 | €21,159 | +€15,417 | +268.5% |
| Financial income | 75/76B | €2 | €5 | +€3 | +140.4% |
| Recurring financial income | 75 | €2 | €5 | +€3 | +140.4% |
| Financial charges | 65/66B | €4,677 | €4,431 | -€246 | -5.3% |
| Recurring financial charges | 65 | €4,677 | €4,431 | -€246 | -5.3% |
| Profit (loss) for the period before taxes | 9903 | €1,067 | €16,732 | +€15,665 | +1467.8% |
| Income taxes | 67/77 | €284 | €5,665 | +€5,381 | +1892.4% |
| Profit (loss) for the period | 9904 | €783 | €11,067 | +€10,284 | +1313.6% |
| Profit (loss) for the period to be appropriated | 9905 | €783 | €11,067 | +€10,284 | +1313.6% |
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.