BEPA TER BIEST: 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 TER BIEST
Largest movements
- Financial fixed assets -€34,948
down €34,948 (-34.9%), from €100,000 to €65,052
- Receivables within one year +€20,586
up €20,586 (+12.9%), from €159,595 to €180,181
of which Other amounts receivable: +€29,171
- Trade debts -€46,508
down €46,508 (-62.8%), from €74,025 to €27,517
- Debts after one year +€32,909
up €32,909 (+465%), from €7,073 to €39,982
- Revaluation surpluses -€23,302
down €23,302 (-4.8%), from €486,680 to €463,378
- Reserves +€14,541
up €14,541 (+13.5%), from €107,605 to €122,146
of which Distributable reserves: +€14,541
- Tax, wage and social debts +€8,831
up €8,831 (+175%), from €5,052 to €13,884
- Gross operating margin -€8,537
down €8,537 (-24.5%), from €34,856 to €26,318
- Taxes +€1,744
up €1,744 (+38.9%), from €4,485 to €6,229
- Other operating charges -€421
down €421 (-4.7%), from €8,858 to €8,437
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 | €870,886 | €856,890 | -€13,996 | -1.6% |
| Fixed assets | 21/28 | €702,219 | €674,244 | -€27,975 | -4.0% |
| Tangible fixed assets | 22/27 | €602,219 | €609,192 | +€6,973 | +1.2% |
| Land and buildings | 22 | €601,342 | €608,828 | +€7,486 | +1.2% |
| Furniture and vehicles | 24 | €877 | €363 | -€513 | -58.6% |
| Financial fixed assets | 28 | €100,000 | €65,052 | -€34,948 | -34.9% |
| Current assets | 29/58 | €168,667 | €182,646 | +€13,979 | +8.3% |
| Amounts receivable within one year | 40/41 | €159,595 | €180,181 | +€20,586 | +12.9% |
| Trade receivables | 40 | €27,121 | €18,536 | -€8,585 | -31.7% |
| Other amounts receivable | 41 | €132,474 | €161,645 | +€29,171 | +22.0% |
| Cash at bank and in hand | 54/58 | €814 | €216 | -€598 | -73.5% |
| Deferred charges and accrued income | 490/1 | €8,258 | €2,250 | -€6,008 | -72.8% |
| Total equity and liabilities | 10/49 | €870,886 | €856,890 | -€13,996 | -1.6% |
| Equity | 10/15 | €762,285 | €753,524 | -€8,761 | -1.1% |
| Contributions | 10/11 | €168,000 | €168,000 | = | 0.0% |
| Contributions outside capital | 11 | €168,000 | €168,000 | = | 0.0% |
| Other | 1109/19 | €168,000 | €168,000 | = | 0.0% |
| Revaluation surpluses | 12 | €486,680 | €463,378 | -€23,302 | -4.8% |
| Reserves | 13 | €107,605 | €122,146 | +€14,541 | +13.5% |
| Non-distributable reserves | 130/1 | €1,391 | €1,391 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,391 | €1,391 | = | 0.0% |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Distributable reserves | 133 | €87,464 | €102,005 | +€14,541 | +16.6% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €108,601 | €103,367 | -€5,235 | -4.8% |
| Amounts payable after more than one year | 17 | €7,073 | €39,982 | +€32,909 | +465% |
| Financial debts | 170/4 | €7,073 | €39,982 | +€32,909 | +465% |
| Amounts payable within one year | 42/48 | €101,347 | €57,494 | -€43,853 | -43.3% |
| Current portion of amounts payable after more than one year | 42 | €22,269 | €15,714 | -€6,555 | -29.4% |
| Financial debts | 43 | - | €380 | +€380 | |
| Credit institutions | 430/8 | - | €380 | +€380 | |
| Trade debts | 44 | €74,025 | €27,517 | -€46,508 | -62.8% |
| Suppliers | 440/4 | €74,025 | €27,517 | -€46,508 | -62.8% |
| Taxes, remuneration and social security | 45 | €5,052 | €13,884 | +€8,831 | +175% |
| Taxes | 450/3 | €5,052 | €13,884 | +€8,831 | +175% |
| Accrued charges and deferred income | 492/3 | €182 | €5,890 | +€5,709 | +3,139% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,510 | €24,591 | +€81 | +0.3% |
| Other operating charges | 640/8 | €8,858 | €8,437 | -€421 | -4.7% |
| Gross operating margin | 9900 | €34,856 | €26,318 | -€8,537 | -24.5% |
| Operating profit (loss) | 9901 | €1,488 | -€6,710 | -€8,198 | |
| Financial income | 75/76B | €7,205 | €7,090 | -€115 | -1.6% |
| Recurring financial income | 75 | €7,205 | €7,090 | -€115 | -1.6% |
| Financial charges | 65/66B | €2,938 | €2,913 | -€25 | -0.9% |
| Recurring financial charges | 65 | €2,938 | €2,913 | -€25 | -0.9% |
| Profit (loss) for the period before taxes | 9903 | €5,755 | -€2,532 | -€8,288 | |
| Income taxes | 67/77 | €4,485 | €6,229 | +€1,744 | +38.9% |
| Profit (loss) for the period | 9904 | €1,270 | -€8,761 | -€10,031 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,270 | -€8,761 | -€10,031 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.