BEPA DEVINCK: 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 DEVINCK
Largest movements
- Tangible fixed assets -€35,720
down €35,720 (-2.2%), from €1.6m to €1.6m
- Other debts +€94,167
up €94,167 (+9.6%), from €976,485 to €1.1m
- Profit (loss) carried forward -€66,423
down €66,423 (-32.4%), from -€204,906 to -€271,328
- Debts after one year -€61,450
down €61,450 (-8.0%), from €767,966 to €706,516
- Depreciation +€10,840
up €10,840 (+18.6%), from €58,216 to €69,056
- Other operating charges +€1,897
up €1,897 (+36.8%), from €5,149 to €7,047
- Financial charges -€811
down €811 (-6.9%), from €11,829 to €11,018
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 | €1,629,739 | €1,591,057 | -€38,683 | -2.4% |
| Fixed assets | 21/28 | €1,604,340 | €1,568,620 | -€35,720 | -2.2% |
| Tangible fixed assets | 22/27 | €1,604,340 | €1,568,620 | -€35,720 | -2.2% |
| Land and buildings | 22 | €1,604,340 | €1,568,620 | -€35,720 | -2.2% |
| Current assets | 29/58 | €25,400 | €22,437 | -€2,963 | -11.7% |
| Amounts receivable within one year | 40/41 | €1,797 | €1,797 | = | 0.0% |
| Other amounts receivable | 41 | €1,797 | €1,797 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €23,192 | €20,640 | -€2,553 | -11.0% |
| Deferred charges and accrued income | 490/1 | €410 | €0 | -€410 | -100.0% |
| Total equity and liabilities | 10/49 | €1,629,739 | €1,591,057 | -€38,683 | -2.4% |
| Equity | 10/15 | -€184,906 | -€251,328 | -€66,423 | -35.9% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€204,906 | -€271,328 | -€66,423 | -32.4% |
| Amounts payable | 17/49 | €1,814,645 | €1,842,385 | +€27,740 | +1.5% |
| Amounts payable after more than one year | 17 | €767,966 | €706,516 | -€61,450 | -8.0% |
| Financial debts | 170/4 | €767,966 | €706,516 | -€61,450 | -8.0% |
| Amounts payable within one year | 42/48 | €1,046,679 | €1,135,869 | +€89,190 | +8.5% |
| Current portion of amounts payable after more than one year | 42 | €60,661 | €61,450 | +€789 | +1.3% |
| Trade debts | 44 | €9,533 | €3,767 | -€5,766 | -60.5% |
| Suppliers | 440/4 | €9,533 | €3,767 | -€5,766 | -60.5% |
| Other amounts payable | 47/48 | €976,485 | €1,070,652 | +€94,167 | +9.6% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €58,216 | €69,056 | +€10,840 | +18.6% |
| Other operating charges | 640/8 | €5,149 | €7,047 | +€1,897 | +36.8% |
| Gross operating margin | 9900 | €20,865 | €20,675 | -€190 | -0.9% |
| Operating profit (loss) | 9901 | -€42,501 | -€55,428 | -€12,928 | -30.4% |
| Financial income | 75/76B | €95 | €23 | -€72 | -75.9% |
| Recurring financial income | 75 | €95 | €23 | -€72 | -75.9% |
| Financial charges | 65/66B | €11,829 | €11,018 | -€811 | -6.9% |
| Recurring financial charges | 65 | €11,829 | €11,018 | -€811 | -6.9% |
| Profit (loss) for the period before taxes | 9903 | -€54,234 | -€66,423 | -€12,189 | -22.5% |
| Profit (loss) for the period | 9904 | -€54,234 | -€66,423 | -€12,189 | -22.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€54,234 | -€66,423 | -€12,189 | -22.5% |
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 3 October 2026 via checked.be.