BEPOPLAST: 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.
BEPOPLAST
Largest movements
- Cash -€232,772
down €232,772 (-55.1%), from €422,835 to €190,063
mainly Other debts (-€175,000) and Trade debts (-€161,710)
- Stocks and contracts +€95,653
up €95,653 (+47.2%), from €202,864 to €298,517
- Receivables within one year -€57,380
down €57,380 (-47.4%), from €121,078 to €63,698
of which Trade receivables: -€55,132
- Tangible fixed assets -€26,014
down €26,014 (-29.6%), from €87,783 to €61,769
of which Plant, machinery and equipment: -€14,543
- Other debts -€175,000
no longer reported in 2025 (was €175,000)
- Trade debts -€161,710
down €161,710 (-74.4%), from €217,368 to €55,658
- Profit (loss) carried forward +€79,087
up €79,087 (+83.0%), from €95,268 to €174,355
- Tax, wage and social debts +€37,345
up €37,345 (+304%), from €12,305 to €49,650
of which Taxes: +€37,368
- Gross operating margin -€152,602
down €152,602 (-32.6%), from €467,892 to €315,290
- Write-downs -€68,859
no longer reported in 2025 (was €68,859)
- Taxes +€25,027
up €25,027 (+411%), from €6,090 to €31,116
- Depreciation +€10,917
up €10,917 (+47.6%), from €22,915 to €33,832
- Financial charges -€10,218
down €10,218 (-29.5%), from €34,690 to €24,472
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 | €837,441 | €617,163 | -€220,278 | -26.3% |
| Fixed assets | 21/28 | €87,783 | €61,769 | -€26,014 | -29.6% |
| Tangible fixed assets | 22/27 | €87,783 | €61,769 | -€26,014 | -29.6% |
| Land and buildings | 22 | €3,196 | €452 | -€2,744 | -85.9% |
| Plant, machinery and equipment | 23 | €65,550 | €51,007 | -€14,543 | -22.2% |
| Furniture and vehicles | 24 | €19,038 | €10,310 | -€8,727 | -45.8% |
| Current assets | 29/58 | €749,658 | €555,394 | -€194,264 | -25.9% |
| Stocks and contracts in progress | 3 | €202,864 | €298,517 | +€95,653 | +47.2% |
| Stocks | 30/36 | €202,864 | €298,517 | +€95,653 | +47.2% |
| Amounts receivable within one year | 40/41 | €121,078 | €63,698 | -€57,380 | -47.4% |
| Trade receivables | 40 | €114,075 | €58,943 | -€55,132 | -48.3% |
| Other amounts receivable | 41 | €7,003 | €4,756 | -€2,248 | -32.1% |
| Cash at bank and in hand | 54/58 | €422,835 | €190,063 | -€232,772 | -55.1% |
| Deferred charges and accrued income | 490/1 | €2,882 | €3,116 | +€234 | +8.1% |
| Total equity and liabilities | 10/49 | €837,441 | €617,163 | -€220,278 | -26.3% |
| Equity | 10/15 | €432,768 | €511,855 | +€79,087 | +18.3% |
| Contributions | 10/11 | €337,500 | €337,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €95,268 | €174,355 | +€79,087 | +83.0% |
| Amounts payable | 17/49 | €404,673 | €105,308 | -€299,365 | -74.0% |
| Amounts payable within one year | 42/48 | €404,673 | €105,308 | -€299,365 | -74.0% |
| Trade debts | 44 | €217,368 | €55,658 | -€161,710 | -74.4% |
| Suppliers | 440/4 | €217,368 | €55,658 | -€161,710 | -74.4% |
| Taxes, remuneration and social security | 45 | €12,305 | €49,650 | +€37,345 | +304% |
| Taxes | 450/3 | €1,451 | €38,819 | +€37,368 | +2,575% |
| Remuneration and social security | 454/9 | €10,853 | €10,831 | -€23 | -0.2% |
| Other amounts payable | 47/48 | €175,000 | - | -€175,000 | |
| Non-recurring operating income | 76A | €123,733 | €1,620 | -€122,113 | -98.7% |
| Remuneration, social security and pensions | 62 | €156,746 | €156,268 | -€479 | -0.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,915 | €33,832 | +€10,917 | +47.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €68,859 | - | -€68,859 | |
| Other operating charges | 640/8 | €2,258 | €1,478 | -€781 | -34.6% |
| Gross operating margin | 9900 | €467,892 | €315,290 | -€152,602 | -32.6% |
| Operating profit (loss) | 9901 | €217,113 | €123,712 | -€93,401 | -43.0% |
| Financial income | 75/76B | €13,149 | €10,963 | -€2,186 | -16.6% |
| Recurring financial income | 75 | €13,149 | €10,963 | -€2,186 | -16.6% |
| Financial charges | 65/66B | €34,690 | €24,472 | -€10,218 | -29.5% |
| Recurring financial charges | 65 | €34,690 | €24,472 | -€10,218 | -29.5% |
| Profit (loss) for the period before taxes | 9903 | €195,572 | €110,203 | -€85,369 | -43.7% |
| Income taxes | 67/77 | €6,090 | €31,116 | +€25,027 | +411% |
| Profit (loss) for the period | 9904 | €189,482 | €79,087 | -€110,395 | -58.3% |
| Profit (loss) for the period to be appropriated | 9905 | €189,482 | €79,087 | -€110,395 | -58.3% |
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 19 October 2026 via checked.be.