BEPA VAN THORRE: 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 VAN THORRE
Largest movements
- Tangible fixed assets -€50,597
down €50,597 (-4.3%), from €1.2m to €1.1m
of which Land and buildings: -€50,156
- Current investments +€38,836
up €38,836 (+68.9%), from €56,387 to €95,223
- Reserves -€14,254
down €14,254 (-2.5%), from €570,121 to €555,867
- Gross operating margin -€9,174
down €9,174 (-16.2%), from €56,467 to €47,293
- Other operating charges +€2,015
up €2,015 (+22.4%), from €9,006 to €11,022
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 | €1,246,675 | €1,232,363 | -€14,311 | -1.1% |
| Fixed assets | 21/28 | €1,181,336 | €1,130,739 | -€50,597 | -4.3% |
| Tangible fixed assets | 22/27 | €1,181,336 | €1,130,739 | -€50,597 | -4.3% |
| Land and buildings | 22 | €1,180,436 | €1,130,280 | -€50,156 | -4.2% |
| Furniture and vehicles | 24 | €559 | €279 | -€280 | -50.1% |
| Other tangible fixed assets | 26 | €341 | €180 | -€161 | -47.2% |
| Current assets | 29/58 | €65,338 | €101,624 | +€36,286 | +55.5% |
| Amounts receivable within one year | 40/41 | €160 | €57 | -€103 | -64.5% |
| Trade receivables | 40 | €160 | €0 | -€160 | -100% |
| Other amounts receivable | 41 | - | €57 | +€57 | |
| Current investments | 50/53 | €56,387 | €95,223 | +€38,836 | +68.9% |
| Cash at bank and in hand | 54/58 | €5,464 | €4,782 | -€682 | -12.5% |
| Deferred charges and accrued income | 490/1 | €3,328 | €1,562 | -€1,766 | -53.1% |
| Total equity and liabilities | 10/49 | €1,246,675 | €1,232,363 | -€14,311 | -1.1% |
| Equity | 10/15 | €932,421 | €918,167 | -€14,254 | -1.5% |
| Contributions | 10/11 | €362,300 | €362,300 | = | 0.0% |
| Reserves | 13 | €570,121 | €555,867 | -€14,254 | -2.5% |
| Distributable reserves | 133 | €570,121 | €555,867 | -€14,254 | -2.5% |
| Amounts payable | 17/49 | €314,254 | €314,196 | -€58 | 0.0% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Other amounts payable | 178/9 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €313,168 | €310,647 | -€2,521 | -0.8% |
| Trade debts | 44 | €214 | €2,018 | +€1,803 | +841% |
| Suppliers | 440/4 | €214 | €2,018 | +€1,803 | +841% |
| Taxes, remuneration and social security | 45 | €147 | €79 | -€68 | -46.3% |
| Taxes | 450/3 | €147 | €79 | -€68 | -46.3% |
| Other amounts payable | 47/48 | €312,807 | €308,551 | -€4,256 | -1.4% |
| Accrued charges and deferred income | 492/3 | €1,085 | €3,548 | +€2,463 | +227% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €50,498 | €50,597 | +€99 | +0.2% |
| Other operating charges | 640/8 | €9,006 | €11,022 | +€2,015 | +22.4% |
| Gross operating margin | 9900 | €56,467 | €47,293 | -€9,174 | -16.2% |
| Operating profit (loss) | 9901 | -€3,038 | -€14,326 | -€11,288 | -372% |
| Financial income | 75/76B | €85 | €319 | +€234 | +276% |
| Recurring financial income | 75 | €85 | €319 | +€234 | +276% |
| Financial charges | 65/66B | €61 | €72 | +€11 | +18.0% |
| Recurring financial charges | 65 | €61 | €72 | +€11 | +18.0% |
| Profit (loss) for the period before taxes | 9903 | -€3,014 | -€14,079 | -€11,065 | -367% |
| Income taxes | 67/77 | €172 | €175 | +€2 | +1.4% |
| Profit (loss) for the period | 9904 | -€3,186 | -€14,254 | -€11,068 | -347% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,186 | -€14,254 | -€11,068 | -347% |
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 26 October 2026 via checked.be.