BESIDE: 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.
BESIDE
Largest movements
- Tangible fixed assets -€69,320
down €69,320 (-12.8%), from €543,429 to €474,109
of which Land and buildings: -€36,865
- Receivables within one year +€51,609
up €51,609 (+326.4%), from €15,812 to €67,421
of which Other amounts receivable: +€52,352
- Cash +€20,021
up €20,021 (+12.3%), from €163,277 to €183,298
mainly Depreciation (+€69,320) and Net result for the year (+€41,658)
- Debts after one year -€46,809
down €46,809 (-18.3%), from €256,056 to €209,247
- Reserves +€30,000
up €30,000 (+34.1%), from €87,912 to €117,912
- Gross operating margin -€12,039
down €12,039 (-7.1%), from €168,687 to €156,648
- Taxes +€10,423
up €10,423 (+51.7%), from €20,158 to €30,582
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 | €731,316 | €733,626 | +€2,310 | +0.3% |
| Fixed assets | 21/28 | €548,429 | €479,109 | -€69,320 | -12.6% |
| Tangible fixed assets | 22/27 | €543,429 | €474,109 | -€69,320 | -12.8% |
| Land and buildings | 22 | €464,900 | €428,035 | -€36,865 | -7.9% |
| Plant, machinery and equipment | 23 | €1,352 | €129 | -€1,223 | -90.5% |
| Furniture and vehicles | 24 | €77,178 | €45,945 | -€31,232 | -40.5% |
| Financial fixed assets | 28 | €5,000 | €5,000 | = | 0.0% |
| Current assets | 29/58 | €182,887 | €254,516 | +€71,630 | +39.2% |
| Stocks and contracts in progress | 3 | €3,797 | €3,797 | = | 0.0% |
| Stocks | 30/36 | €3,797 | €3,797 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €15,812 | €67,421 | +€51,609 | +326.4% |
| Trade receivables | 40 | €743 | - | -€743 | |
| Other amounts receivable | 41 | €15,069 | €67,421 | +€52,352 | +347.4% |
| Cash at bank and in hand | 54/58 | €163,277 | €183,298 | +€20,021 | +12.3% |
| Total equity and liabilities | 10/49 | €731,316 | €733,626 | +€2,310 | +0.3% |
| Equity | 10/15 | €406,840 | €441,355 | +€34,515 | +8.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €87,912 | €117,912 | +€30,000 | +34.1% |
| Distributable reserves | 133 | €87,912 | €117,912 | +€30,000 | +34.1% |
| Profit (loss) carried forward | 14 | €300,328 | €304,843 | +€4,515 | +1.5% |
| Amounts payable | 17/49 | €324,476 | €292,271 | -€32,205 | -9.9% |
| Amounts payable after more than one year | 17 | €256,056 | €209,247 | -€46,809 | -18.3% |
| Financial debts | 170/4 | €256,056 | €209,247 | -€46,809 | -18.3% |
| Amounts payable within one year | 42/48 | €68,420 | €83,024 | +€14,603 | +21.3% |
| Current portion of amounts payable after more than one year | 42 | €52,970 | €48,375 | -€4,594 | -8.7% |
| Trade debts | 44 | €5,500 | €12,624 | +€7,124 | +129.5% |
| Suppliers | 440/4 | €5,500 | €12,624 | +€7,124 | +129.5% |
| Taxes, remuneration and social security | 45 | €2,808 | €7,739 | +€4,931 | +175.6% |
| Taxes | 450/3 | €1,287 | €3,000 | +€1,713 | +133.1% |
| Remuneration and social security | 454/9 | €1,521 | €4,739 | +€3,218 | +211.6% |
| Other amounts payable | 47/48 | €7,143 | €14,286 | +€7,143 | +100.0% |
| Remuneration, social security and pensions | 62 | €10,521 | €10,363 | -€158 | -1.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €69,320 | €69,320 | = | 0.0% |
| Other operating charges | 640/8 | €2,343 | €2,415 | +€72 | +3.1% |
| Gross operating margin | 9900 | €168,687 | €156,648 | -€12,039 | -7.1% |
| Operating profit (loss) | 9901 | €86,502 | €74,549 | -€11,953 | -13.8% |
| Financial income | 75/76B | €161 | €1,741 | +€1,580 | +983.6% |
| Recurring financial income | 75 | €161 | €1,741 | +€1,580 | +983.6% |
| Financial charges | 65/66B | €5,565 | €4,051 | -€1,514 | -27.2% |
| Recurring financial charges | 65 | €5,565 | €4,051 | -€1,514 | -27.2% |
| Profit (loss) for the period before taxes | 9903 | €81,098 | €72,239 | -€8,859 | -10.9% |
| Income taxes | 67/77 | €20,158 | €30,582 | +€10,423 | +51.7% |
| Profit (loss) for the period | 9904 | €60,940 | €41,658 | -€19,283 | -31.6% |
| Profit (loss) for the period to be appropriated | 9905 | €60,940 | €41,658 | -€19,283 | -31.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.