BEPROD: 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.
BEPROD
Largest movements
- Receivables within one year +€6,944
up €6,944 (+8.0%), from €87,219 to €94,163
of which Other amounts receivable: +€4,444
- Cash -€3,876
down €3,876 (-27.9%), from €13,907 to €10,031
mainly Contributions, distributions and other (-€15,000) and Receivables within one year (-€6,944)
- Deferred charges and accrued income -€3,028
down €3,028 (-46.3%), from €6,534 to €3,506
- Tangible fixed assets -€2,914
down €2,914 (-9.5%), from €30,604 to €27,690
of which Plant, machinery and equipment: -€3,948
- Debts after one year -€6,516
down €6,516 (-52.4%), from €12,436 to €5,919
- Other debts +€6,500
up €6,500 (+76.5%), from €8,500 to €15,000
- Tax, wage and social debts -€1,832
down €1,832 (-18.8%), from €9,757 to €7,925
of which Remuneration and social security: -€975
- Gross operating margin -€21,471
down €21,471 (-38.9%), from €55,173 to €33,702
- Taxes -€4,947
down €4,947 (-40.7%), from €12,141 to €7,194
- Staff costs -€2,643
down €2,643 (-23.5%), from €11,266 to €8,622
- Financial charges -€1,715
down €1,715 (-57.5%), from €2,985 to €1,270
- Depreciation +€1,019
up €1,019 (+24.1%), from €4,219 to €5,238
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 | €138,264 | €135,391 | -€2,874 | -2.1% |
| Fixed assets | 21/28 | €30,604 | €27,690 | -€2,914 | -9.5% |
| Tangible fixed assets | 22/27 | €30,604 | €27,690 | -€2,914 | -9.5% |
| Plant, machinery and equipment | 23 | €29,988 | €26,040 | -€3,948 | -13.2% |
| Furniture and vehicles | 24 | €617 | €1,650 | +€1,034 | +167.6% |
| Current assets | 29/58 | €107,660 | €107,701 | +€41 | 0.0% |
| Amounts receivable within one year | 40/41 | €87,219 | €94,163 | +€6,944 | +8.0% |
| Trade receivables | 40 | - | €2,500 | +€2,500 | |
| Other amounts receivable | 41 | €87,219 | €91,663 | +€4,444 | +5.1% |
| Cash at bank and in hand | 54/58 | €13,907 | €10,031 | -€3,876 | -27.9% |
| Deferred charges and accrued income | 490/1 | €6,534 | €3,506 | -€3,028 | -46.3% |
| Total equity and liabilities | 10/49 | €138,264 | €135,391 | -€2,874 | -2.1% |
| Equity | 10/15 | €93,501 | €93,016 | -€486 | -0.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €87,218 | €86,732 | -€486 | -0.6% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €85,358 | €84,872 | -€486 | -0.6% |
| Profit (loss) carried forward | 14 | €84 | €84 | = | 0.0% |
| Amounts payable | 17/49 | €44,763 | €42,375 | -€2,388 | -5.3% |
| Amounts payable after more than one year | 17 | €12,436 | €5,919 | -€6,516 | -52.4% |
| Financial debts | 170/4 | €12,436 | €5,919 | -€6,516 | -52.4% |
| Amounts payable within one year | 42/48 | €31,645 | €36,456 | +€4,810 | +15.2% |
| Current portion of amounts payable after more than one year | 42 | €5,889 | €6,110 | +€221 | +3.8% |
| Trade debts | 44 | €7,499 | €7,420 | -€79 | -1.1% |
| Suppliers | 440/4 | €7,499 | €7,420 | -€79 | -1.1% |
| Taxes, remuneration and social security | 45 | €9,757 | €7,925 | -€1,832 | -18.8% |
| Taxes | 450/3 | €8,564 | €7,707 | -€857 | -10.0% |
| Remuneration and social security | 454/9 | €1,193 | €218 | -€975 | -81.7% |
| Other amounts payable | 47/48 | €8,500 | €15,000 | +€6,500 | +76.5% |
| Accrued charges and deferred income | 492/3 | €682 | - | -€682 | |
| Remuneration, social security and pensions | 62 | €11,266 | €8,622 | -€2,643 | -23.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,219 | €5,238 | +€1,019 | +24.1% |
| Other operating charges | 640/8 | €1,896 | €1,545 | -€351 | -18.5% |
| Gross operating margin | 9900 | €55,173 | €33,702 | -€21,471 | -38.9% |
| Operating profit (loss) | 9901 | €37,792 | €18,297 | -€19,496 | -51.6% |
| Financial income | 75/76B | €5,181 | €4,681 | -€499 | -9.6% |
| Recurring financial income | 75 | €5,181 | €4,681 | -€499 | -9.6% |
| Financial charges | 65/66B | €2,985 | €1,270 | -€1,715 | -57.5% |
| Recurring financial charges | 65 | €2,985 | €1,270 | -€1,715 | -57.5% |
| Profit (loss) for the period before taxes | 9903 | €39,988 | €21,708 | -€18,280 | -45.7% |
| Income taxes | 67/77 | €12,141 | €7,194 | -€4,947 | -40.7% |
| Profit (loss) for the period | 9904 | €27,847 | €14,514 | -€13,333 | -47.9% |
| Profit (loss) for the period to be appropriated | 9905 | €27,847 | €14,514 | -€13,333 | -47.9% |
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 6 October 2026 via checked.be.