BEPA BERENDONCK: 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.
BEPA BERENDONCK
Largest movements
- Tangible fixed assets -€35,161
down €35,161 (-4.5%), from €775,471 to €740,310
- Profit (loss) carried forward -€28,918
down €28,918 (-22.1%), from -€130,998 to -€159,916
- Other debts +€21,965
up €21,965 (+61.3%), from €35,830 to €57,795
- Debts after one year -€14,029
down €14,029 (-7.3%), from €193,301 to €179,272
- Reserves -€9,875
down €9,875 (-4.1%), from €241,291 to €231,416
of which Tax-exempt reserves: -€9,875
- Gross operating margin +€3,928
up €3,928 (+80.4%), from -€4,888 to -€960
- Depreciation -€2,751
down €2,751 (-7.3%), from €37,912 to €35,161
- Financial charges -€2,236
down €2,236 (-47.8%), from €4,681 to €2,444
- Financial income -€1,310
down €1,310 (-100%), from €1,310 to €0
- Other operating charges +€340
up €340 (+10.7%), from €3,180 to €3,519
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 | €778,134 | €742,666 | -€35,468 | -4.6% |
| Fixed assets | 21/28 | €775,471 | €740,310 | -€35,161 | -4.5% |
| Tangible fixed assets | 22/27 | €775,471 | €740,310 | -€35,161 | -4.5% |
| Land and buildings | 22 | €775,471 | €740,310 | -€35,161 | -4.5% |
| Current assets | 29/58 | €2,663 | €2,356 | -€307 | -11.5% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Other amounts receivable | 291 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €2,327 | €0 | -€2,327 | -100% |
| Trade receivables | 40 | €2,327 | €0 | -€2,327 | -100% |
| Cash at bank and in hand | 54/58 | €200 | €2,213 | +€2,013 | +1,005% |
| Deferred charges and accrued income | 490/1 | €136 | €142 | +€7 | +4.9% |
| Total equity and liabilities | 10/49 | €778,134 | €742,666 | -€35,468 | -4.6% |
| Equity | 10/15 | €477,293 | €438,500 | -€38,793 | -8.1% |
| Contributions | 10/11 | €367,000 | €367,000 | = | 0.0% |
| Capital | 10 | €367,000 | €367,000 | = | 0.0% |
| Issued capital | 100 | €367,000 | €367,000 | = | 0.0% |
| Reserves | 13 | €241,291 | €231,416 | -€9,875 | -4.1% |
| Non-distributable reserves | 130/1 | €6,268 | €6,268 | = | 0.0% |
| Legal reserve | 130 | €6,268 | €6,268 | = | 0.0% |
| Tax-exempt reserves | 132 | €165,023 | €155,148 | -€9,875 | -6.0% |
| Distributable reserves | 133 | €70,000 | €70,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€130,998 | -€159,916 | -€28,918 | -22.1% |
| Provisions and deferred taxes | 16 | €55,008 | €51,716 | -€3,292 | -6.0% |
| Deferred taxes | 168 | €55,008 | €51,716 | -€3,292 | -6.0% |
| Amounts payable | 17/49 | €245,833 | €252,449 | +€6,616 | +2.7% |
| Amounts payable after more than one year | 17 | €193,301 | €179,272 | -€14,029 | -7.3% |
| Financial debts | 170/4 | €193,301 | €179,272 | -€14,029 | -7.3% |
| Amounts payable within one year | 42/48 | €52,532 | €72,986 | +€20,454 | +38.9% |
| Current portion of amounts payable after more than one year | 42 | €13,864 | €15,191 | +€1,327 | +9.6% |
| Trade debts | 44 | €2,838 | €0 | -€2,838 | -100% |
| Suppliers | 440/4 | €2,838 | €0 | -€2,838 | -100% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other amounts payable | 47/48 | €35,830 | €57,795 | +€21,965 | +61.3% |
| Accrued charges and deferred income | 492/3 | €0 | €192 | +€192 | |
| Non-recurring operating income | 76A | €127 | €0 | -€127 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,912 | €35,161 | -€2,751 | -7.3% |
| Other operating charges | 640/8 | €3,180 | €3,519 | +€340 | +10.7% |
| Gross operating margin | 9900 | -€4,888 | -€960 | +€3,928 | +80.4% |
| Operating profit (loss) | 9901 | -€45,979 | -€39,640 | +€6,339 | +13.8% |
| Financial income | 75/76B | €1,310 | €0 | -€1,310 | -100% |
| Recurring financial income | 75 | €1,310 | €0 | -€1,310 | -100% |
| Financial charges | 65/66B | €4,681 | €2,444 | -€2,236 | -47.8% |
| Recurring financial charges | 65 | €4,681 | €2,444 | -€2,236 | -47.8% |
| Profit (loss) for the period before taxes | 9903 | -€49,350 | -€42,085 | +€7,266 | +14.7% |
| Transfer from deferred taxes | 780 | €3,292 | €3,292 | = | 0.0% |
| Profit (loss) for the period | 9904 | -€46,059 | -€38,793 | +€7,266 | +15.8% |
| Transfer from tax-exempt reserves | 789 | €9,875 | €9,875 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€36,184 | -€28,918 | +€7,266 | +20.1% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.