BESELGA: what changed
BESELGA
Largest movements
- Receivables within one year -€48,998
down €48,998 (-32.6%), from €150,086 to €101,088
of which Trade receivables: -€29,093
- Tangible fixed assets -€6,578
down €6,578 (-48.1%), from €13,689 to €7,111
of which Plant, machinery and equipment: -€4,279
- Reserves -€88,682
down €88,682 (-55.6%), from €159,491 to €70,809
of which Distributable reserves: -€88,682
- Profit (loss) carried forward +€48,878
up €48,878 (+91.2%), from -€53,584 to -€4,705
- Other debts -€20,884
down €20,884 (-20.6%), from €101,583 to €80,698
- Trade debts +€8,497
up €8,497 (+41.8%), from €20,316 to €28,813
- Financial charges -€14,045
down €14,045 (-85.6%), from €16,412 to €2,368
of which Financial charges: -€14,051
- Financial income +€1,919
up €1,919 (+5,515%), from €35 to €1,953
- Other operating charges +€602
up €602 (+53.5%), from €1,126 to €1,728
- Gross operating margin -€570
down €570 (-2.0%), from -€28,865 to -€29,435
- Staff costs +€568
up €568 (+200%), from €284 to €852
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
Cash or the result is not a separate line in both sets of accounts. So the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €240,028 | €186,317 | -€53,712 | -22.4% |
| Fixed assets | 21/28 | €24,291 | €17,713 | -€6,578 | -27.1% |
| Tangible fixed assets | 22/27 | €13,689 | €7,111 | -€6,578 | -48.1% |
| Plant, machinery and equipment | 23 | €8,133 | €3,854 | -€4,279 | -52.6% |
| Furniture and vehicles | 24 | €5,556 | €3,257 | -€2,299 | -41.4% |
| Financial fixed assets | 28 | €10,602 | €10,602 | = | 0.0% |
| Current assets | 29/58 | €215,737 | €168,603 | -€47,134 | -21.8% |
| Amounts receivable after more than one year | 29 | €65,000 | €65,000 | = | 0.0% |
| Trade receivables | 290 | €65,000 | €65,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €150,086 | €101,088 | -€48,998 | -32.6% |
| Trade receivables | 40 | €40,000 | €10,908 | -€29,093 | -72.7% |
| Other amounts receivable | 41 | €110,086 | €90,180 | -€19,905 | -18.1% |
| Deferred charges and accrued income | 490/1 | €652 | €2,516 | +€1,864 | +286% |
| Total equity and liabilities | 10/49 | €240,028 | €186,317 | -€53,712 | -22.4% |
| Equity | 10/15 | €112,107 | €72,303 | -€39,804 | -35.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Contributions outside capital | 11 | €6,200 | €6,200 | = | 0.0% |
| Other | 1109/19 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €159,491 | €70,809 | -€88,682 | -55.6% |
| 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 | €157,631 | €68,949 | -€88,682 | -56.3% |
| Profit (loss) carried forward | 14 | -€53,584 | -€4,705 | +€48,878 | +91.2% |
| Amounts payable | 17/49 | €127,921 | €114,013 | -€13,908 | -10.9% |
| Amounts payable within one year | 42/48 | €127,921 | €114,013 | -€13,908 | -10.9% |
| Financial debts | 43 | €5,853 | €3,974 | -€1,880 | -32.1% |
| Credit institutions | 430/8 | €5,853 | - | -€5,853 | |
| Other loans | 439 | - | €3,974 | +€3,974 | |
| Trade debts | 44 | €20,316 | €28,813 | +€8,497 | +41.8% |
| Suppliers | 440/4 | €20,316 | €28,813 | +€8,497 | +41.8% |
| Taxes, remuneration and social security | 45 | €169 | €528 | +€359 | +212% |
| Taxes | 450/3 | €169 | €528 | +€359 | +212% |
| Other amounts payable | 47/48 | €101,583 | €80,698 | -€20,884 | -20.6% |
| Non-recurring operating income | 76A | €3,108 | - | -€3,108 | |
| Remuneration, social security and pensions | 62 | €284 | €852 | +€568 | +200% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,932 | €6,578 | -€354 | -5.1% |
| Other operating charges | 640/8 | €1,126 | €1,728 | +€602 | +53.5% |
| Gross operating margin | 9900 | -€28,865 | -€29,435 | -€570 | -2.0% |
| Operating profit (loss) | 9901 | -€37,206 | -€38,593 | -€1,386 | -3.7% |
| Financial income | 75/76B | €35 | €1,953 | +€1,919 | +5,515% |
| Recurring financial income | 75 | €35 | €1,953 | +€1,919 | +5,515% |
| Financial charges | 65/66B | €16,412 | €2,368 | -€14,045 | -85.6% |
| Recurring financial charges | 65 | €16,412 | €2,362 | -€14,051 | -85.6% |
| Non-recurring financial charges | 66B | - | €6 | +€6 | |
| Profit (loss) for the period before taxes | 9903 | -€53,584 | -€39,007 | +€14,577 | +27.2% |
| Profit (loss) for the period | 9904 | -€53,584 | -€39,007 | +€14,577 | +27.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€53,584 | -€39,007 | +€14,577 | +27.2% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.