BEPA Kalanebu: 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 Kalanebu
Largest movements
- Tangible fixed assets -€42,114
down €42,114 (-1.5%), from €2.9m to €2.8m
of which Furniture and vehicles: -€22,060
- Debts after one year -€231,034
down €231,034 (-13.6%), from €1.7m to €1.5m
- Short-term financial debts +€50,000
up €50,000, from €0 to €50,000
of which Credit institutions: +€50,000
- Other debts +€38,796
up €38,796 (+8.1%), from €476,543 to €515,339
- Reserves +€37,500
up €37,500 (+13.3%), from €281,216 to €318,716
of which Distributable reserves: +€45,246
- Trade debts +€32,602
up €32,602 (+416%), from €7,828 to €40,431
- Gross operating margin +€33,290
up €33,290 (+12.0%), from €277,756 to €311,046
- Depreciation +€6,176
up €6,176 (+3.6%), from €173,669 to €179,845
- Taxes +€4,118
up €4,118 (+56.3%), from €7,320 to €11,438
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 | €2,945,272 | €2,888,727 | -€56,545 | -1.9% |
| Fixed assets | 21/28 | €2,889,352 | €2,847,238 | -€42,114 | -1.5% |
| Tangible fixed assets | 22/27 | €2,889,352 | €2,847,238 | -€42,114 | -1.5% |
| Land and buildings | 22 | €2,821,275 | €2,801,365 | -€19,910 | -0.7% |
| Plant, machinery and equipment | 23 | €144 | €0 | -€144 | -100% |
| Furniture and vehicles | 24 | €67,933 | €45,873 | -€22,060 | -32.5% |
| Current assets | 29/58 | €55,919 | €41,489 | -€14,430 | -25.8% |
| Amounts receivable within one year | 40/41 | €5,811 | €3,141 | -€2,669 | -45.9% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €5,811 | €3,141 | -€2,669 | -45.9% |
| Cash at bank and in hand | 54/58 | €46,603 | €34,154 | -€12,449 | -26.7% |
| Deferred charges and accrued income | 490/1 | €3,505 | €4,194 | +€689 | +19.6% |
| Total equity and liabilities | 10/49 | €2,945,272 | €2,888,727 | -€56,545 | -1.9% |
| Equity | 10/15 | €358,676 | €396,176 | +€37,500 | +10.5% |
| Contributions | 10/11 | €77,459 | €77,459 | = | 0.0% |
| Reserves | 13 | €281,216 | €318,716 | +€37,500 | +13.3% |
| Non-distributable reserves | 130/1 | €7,746 | €0 | -€7,746 | -100% |
| Reserves not available under the articles | 1311 | €7,746 | €0 | -€7,746 | -100% |
| Distributable reserves | 133 | €273,470 | €318,716 | +€45,246 | +16.5% |
| Amounts payable | 17/49 | €2,586,596 | €2,492,551 | -€94,045 | -3.6% |
| Amounts payable after more than one year | 17 | €1,701,350 | €1,470,315 | -€231,034 | -13.6% |
| Financial debts | 170/4 | €1,701,350 | €1,470,315 | -€231,034 | -13.6% |
| Amounts payable within one year | 42/48 | €875,817 | €1,011,081 | +€135,264 | +15.4% |
| Current portion of amounts payable after more than one year | 42 | €379,529 | €386,034 | +€6,505 | +1.7% |
| Financial debts | 43 | €0 | €50,000 | +€50,000 | |
| Credit institutions | 430/8 | - | €50,000 | +€50,000 | |
| Other loans | 439 | €0 | - | = | |
| Trade debts | 44 | €7,828 | €40,431 | +€32,602 | +416% |
| Suppliers | 440/4 | €7,828 | €40,431 | +€32,602 | +416% |
| Taxes, remuneration and social security | 45 | €11,917 | €19,278 | +€7,361 | +61.8% |
| Taxes | 450/3 | €3,917 | €15,278 | +€11,361 | +290% |
| Remuneration and social security | 454/9 | €8,000 | €4,000 | -€4,000 | -50.0% |
| Other amounts payable | 47/48 | €476,543 | €515,339 | +€38,796 | +8.1% |
| Accrued charges and deferred income | 492/3 | €9,429 | €11,155 | +€1,726 | +18.3% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €173,669 | €179,845 | +€6,176 | +3.6% |
| Other operating charges | 640/8 | €23,894 | €26,299 | +€2,405 | +10.1% |
| Gross operating margin | 9900 | €277,756 | €311,046 | +€33,290 | +12.0% |
| Operating profit (loss) | 9901 | €80,194 | €104,902 | +€24,708 | +30.8% |
| Financial income | 75/76B | €79 | €35 | -€44 | -55.3% |
| Recurring financial income | 75 | €79 | €35 | -€44 | -55.3% |
| Financial charges | 65/66B | €54,740 | €55,999 | +€1,259 | +2.3% |
| Recurring financial charges | 65 | €54,740 | €55,999 | +€1,259 | +2.3% |
| Profit (loss) for the period before taxes | 9903 | €25,532 | €48,938 | +€23,406 | +91.7% |
| Income taxes | 67/77 | €7,320 | €11,438 | +€4,118 | +56.3% |
| Profit (loss) for the period | 9904 | €18,212 | €37,500 | +€19,288 | +106% |
| Profit (loss) for the period to be appropriated | 9905 | €18,212 | €37,500 | +€19,288 | +106% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.