BESB: 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.
BESB
Largest movements
- Cash +€50,431
new in 2025: €50,431
mainly Net result for the year (+€54,841) and Receivables within one year (+€13,490)
- Receivables after one year +€22,626
up €22,626 (+13.1%), from €172,380 to €195,006
- Receivables within one year -€13,490
down €13,490 (-53.8%), from €25,060 to €11,570
of which Trade receivables: -€13,490
- Tangible fixed assets -€10,512
down €10,512 (-39.9%), from €26,348 to €15,836
of which Furniture and vehicles: -€11,615
- Current investments -€8,731
no longer reported in 2025 (was €8,731)
- Profit (loss) carried forward +€54,841
up €54,841 (+33.4%), from €164,170 to €219,012
- Debts after one year -€9,424
down €9,424 (-59.3%), from €15,894 to €6,470
- Other debts -€3,066
down €3,066 (-11.2%), from €27,454 to €24,388
- Gross operating margin +€47,245
up €47,245 (+137.4%), from €34,396 to €81,641
- Taxes +€11,883
up €11,883 (+157.2%), from €7,559 to €19,442
- Depreciation -€1,960
down €1,960 (-13.1%), from €15,022 to €13,061
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 | €233,240 | €273,672 | +€40,432 | +17.3% |
| Fixed assets | 21/28 | €26,348 | €15,836 | -€10,512 | -39.9% |
| Tangible fixed assets | 22/27 | €26,348 | €15,836 | -€10,512 | -39.9% |
| Plant, machinery and equipment | 23 | - | €1,103 | +€1,103 | |
| Furniture and vehicles | 24 | €26,348 | €14,733 | -€11,615 | -44.1% |
| Current assets | 29/58 | €206,891 | €257,836 | +€50,944 | +24.6% |
| Amounts receivable after more than one year | 29 | €172,380 | €195,006 | +€22,626 | +13.1% |
| Other amounts receivable | 291 | €172,380 | €195,006 | +€22,626 | +13.1% |
| Amounts receivable within one year | 40/41 | €25,060 | €11,570 | -€13,490 | -53.8% |
| Trade receivables | 40 | €22,619 | €9,129 | -€13,490 | -59.6% |
| Other amounts receivable | 41 | €2,441 | €2,441 | = | 0.0% |
| Current investments | 50/53 | €8,731 | - | -€8,731 | |
| Cash at bank and in hand | 54/58 | - | €50,431 | +€50,431 | |
| Deferred charges and accrued income | 490/1 | €720 | €828 | +€108 | +15.0% |
| Total equity and liabilities | 10/49 | €233,240 | €273,672 | +€40,432 | +17.3% |
| Equity | 10/15 | €165,670 | €220,512 | +€54,841 | +33.1% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €164,170 | €219,012 | +€54,841 | +33.4% |
| Amounts payable | 17/49 | €67,569 | €53,160 | -€14,409 | -21.3% |
| Amounts payable after more than one year | 17 | €15,894 | €6,470 | -€9,424 | -59.3% |
| Financial debts | 170/4 | €15,894 | €6,470 | -€9,424 | -59.3% |
| Amounts payable within one year | 42/48 | €51,676 | €46,690 | -€4,986 | -9.6% |
| Current portion of amounts payable after more than one year | 42 | €9,096 | €9,424 | +€327 | +3.6% |
| Trade debts | 44 | €641 | €630 | -€12 | -1.8% |
| Suppliers | 440/4 | €641 | €630 | -€12 | -1.8% |
| Taxes, remuneration and social security | 45 | €14,484 | €12,248 | -€2,235 | -15.4% |
| Taxes | 450/3 | €14,484 | €12,248 | -€2,235 | -15.4% |
| Other amounts payable | 47/48 | €27,454 | €24,388 | -€3,066 | -11.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,022 | €13,061 | -€1,960 | -13.1% |
| Other operating charges | 640/8 | €1,375 | €1,165 | -€211 | -15.3% |
| Gross operating margin | 9900 | €34,396 | €81,641 | +€47,245 | +137.4% |
| Operating profit (loss) | 9901 | €17,999 | €67,415 | +€49,416 | +274.5% |
| Financial income | 75/76B | €8,186 | €7,626 | -€560 | -6.8% |
| Recurring financial income | 75 | €8,186 | €7,626 | -€560 | -6.8% |
| Financial charges | 65/66B | €1,292 | €758 | -€534 | -41.3% |
| Recurring financial charges | 65 | €1,292 | €758 | -€534 | -41.3% |
| Profit (loss) for the period before taxes | 9903 | €24,894 | €74,283 | +€49,390 | +198.4% |
| Income taxes | 67/77 | €7,559 | €19,442 | +€11,883 | +157.2% |
| Profit (loss) for the period | 9904 | €17,335 | €54,841 | +€37,507 | +216.4% |
| Profit (loss) for the period to be appropriated | 9905 | €17,335 | €54,841 | +€37,507 | +216.4% |
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.