BEPAT: 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.
BEPAT
Largest movements
- Receivables within one year -€22,981
down €22,981 (-27.3%), from €84,274 to €61,294
- Cash +€3,771
up €3,771 (+19.6%), from €19,263 to €23,033
mainly Receivables within one year (+€22,981) and Deferred charges and accrued income (+€257)
- Trade debts -€11,494
down €11,494 (-60.1%), from €19,126 to €7,632
- Tax, wage and social debts -€6,175
down €6,175 (-27.3%), from €22,582 to €16,407
of which Taxes: -€7,390
- Staff costs +€11,342
up €11,342 (+43.8%), from €25,920 to €37,261
- Financial charges -€6,626
down €6,626 (-79.8%), from €8,299 to €1,673
- Gross operating margin +€2,158
up €2,158 (+5.6%), from €38,409 to €40,568
- Turnover +€2,064
up €2,064 (+1.4%), from €142,715 to €144,779
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 | €105,994 | €87,726 | -€18,268 | -17.2% |
| Fixed assets | 21/28 | - | €399 | +€399 | |
| Tangible fixed assets | 22/27 | - | €399 | +€399 | |
| Furniture and vehicles | 24 | - | €399 | +€399 | |
| Current assets | 29/58 | €105,994 | €87,327 | -€18,667 | -17.6% |
| Stocks and contracts in progress | 3 | €2,200 | €3,000 | +€800 | +36.4% |
| Stocks | 30/36 | €2,200 | €3,000 | +€800 | +36.4% |
| Amounts receivable within one year | 40/41 | €84,274 | €61,294 | -€22,981 | -27.3% |
| Other amounts receivable | 41 | €84,274 | €61,294 | -€22,981 | -27.3% |
| Cash at bank and in hand | 54/58 | €19,263 | €23,033 | +€3,771 | +19.6% |
| Deferred charges and accrued income | 490/1 | €257 | - | -€257 | |
| Total equity and liabilities | 10/49 | €105,994 | €87,726 | -€18,268 | -17.2% |
| Equity | 10/15 | €64,287 | €63,688 | -€599 | -0.9% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Profit (loss) carried forward | 14 | €43,827 | €43,228 | -€599 | -1.4% |
| Amounts payable | 17/49 | €41,708 | €24,039 | -€17,669 | -42.4% |
| Amounts payable within one year | 42/48 | €41,708 | €24,039 | -€17,669 | -42.4% |
| Trade debts | 44 | €19,126 | €7,632 | -€11,494 | -60.1% |
| Suppliers | 440/4 | €19,126 | €7,632 | -€11,494 | -60.1% |
| Taxes, remuneration and social security | 45 | €22,582 | €16,407 | -€6,175 | -27.3% |
| Taxes | 450/3 | €19,393 | €12,003 | -€7,390 | -38.1% |
| Remuneration and social security | 454/9 | €3,188 | €4,404 | +€1,216 | +38.1% |
| Turnover | 70 | €142,715 | €144,779 | +€2,064 | +1.4% |
| Remuneration, social security and pensions | 62 | €25,920 | €37,261 | +€11,342 | +43.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €200 | +€200 | |
| Other operating charges | 640/8 | €3,318 | €1,903 | -€1,415 | -42.6% |
| Gross operating margin | 9900 | €38,409 | €40,568 | +€2,158 | +5.6% |
| Operating profit (loss) | 9901 | €9,171 | €1,203 | -€7,968 | -86.9% |
| Financial charges | 65/66B | €8,299 | €1,673 | -€6,626 | -79.8% |
| Recurring financial charges | 65 | €8,299 | €1,673 | -€6,626 | -79.8% |
| Profit (loss) for the period before taxes | 9903 | €872 | -€470 | -€1,342 | |
| Income taxes | 67/77 | €128 | €129 | +€0 | +0.3% |
| Profit (loss) for the period | 9904 | €744 | -€599 | -€1,343 | |
| Profit (loss) for the period to be appropriated | 9905 | €744 | -€599 | -€1,343 |
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.