BEPA HALIMEX: 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 HALIMEX
Largest movements
- Cash +€14,338
up €14,338 (+591.2%), from €2,425 to €16,763
mainly Net result for the year (+€40,590) and Tax, wage and social debts (+€24,439)
- Tangible fixed assets +€2,256
new in 2025: €2,256
- Receivables within one year +€2,197
up €2,197 (+26.4%), from €8,316 to €10,513
- Deferred charges and accrued income +€1,873
new in 2025: €1,873
- Other debts -€46,256
down €46,256 (-24.5%), from €188,480 to €142,223
- Profit (loss) carried forward +€40,590
up €40,590 (+20.0%), from -€203,001 to -€162,411
- Tax, wage and social debts +€24,439
up €24,439 (+440.8%), from €5,544 to €29,983
- Trade debts +€1,891
up €1,891 (+169.1%), from €1,119 to €3,010
- Gross operating margin +€38,213
up €38,213 (+179.1%), from €21,336 to €59,549
- Taxes +€14,066
up €14,066 (+354.4%), from €3,969 to €18,035
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 | €10,741 | €31,405 | +€20,664 | +192.4% |
| Fixed assets | 21/28 | - | €2,256 | +€2,256 | |
| Tangible fixed assets | 22/27 | - | €2,256 | +€2,256 | |
| Furniture and vehicles | 24 | - | €2,256 | +€2,256 | |
| Current assets | 29/58 | €10,741 | €29,149 | +€18,408 | +171.4% |
| Amounts receivable within one year | 40/41 | €8,316 | €10,513 | +€2,197 | +26.4% |
| Trade receivables | 40 | €8,316 | €10,513 | +€2,197 | +26.4% |
| Cash at bank and in hand | 54/58 | €2,425 | €16,763 | +€14,338 | +591.2% |
| Deferred charges and accrued income | 490/1 | - | €1,873 | +€1,873 | |
| Total equity and liabilities | 10/49 | €10,741 | €31,405 | +€20,664 | +192.4% |
| Equity | 10/15 | -€184,401 | -€143,811 | +€40,590 | +22.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€203,001 | -€162,411 | +€40,590 | +20.0% |
| Amounts payable | 17/49 | €195,142 | €175,216 | -€19,926 | -10.2% |
| Amounts payable within one year | 42/48 | €195,142 | €175,216 | -€19,926 | -10.2% |
| Trade debts | 44 | €1,119 | €3,010 | +€1,891 | +169.1% |
| Suppliers | 440/4 | €1,119 | €3,010 | +€1,891 | +169.1% |
| Taxes, remuneration and social security | 45 | €5,544 | €29,983 | +€24,439 | +440.8% |
| Taxes | 450/3 | €5,544 | €29,983 | +€24,439 | +440.8% |
| Other amounts payable | 47/48 | €188,480 | €142,223 | -€46,256 | -24.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €344 | +€344 | |
| Other operating charges | 640/8 | €898 | €528 | -€370 | -41.2% |
| Gross operating margin | 9900 | €21,336 | €59,549 | +€38,213 | +179.1% |
| Operating profit (loss) | 9901 | €20,438 | €58,678 | +€38,239 | +187.1% |
| Financial charges | 65/66B | €47 | €52 | +€5 | +10.3% |
| Recurring financial charges | 65 | €47 | €52 | +€5 | +10.3% |
| Profit (loss) for the period before taxes | 9903 | €20,391 | €58,625 | +€38,234 | +187.5% |
| Income taxes | 67/77 | €3,969 | €18,035 | +€14,066 | +354.4% |
| Profit (loss) for the period | 9904 | €16,422 | €40,590 | +€24,168 | +147.2% |
| Profit (loss) for the period to be appropriated | 9905 | €16,422 | €40,590 | +€24,168 | +147.2% |
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.