BESJAN: 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.
BESJAN
Largest movements
- Financial fixed assets -€63,656
no longer reported in 2026 (was €63,656)
- Intangible fixed assets +€35,198
new in 2026: €35,198
- Receivables within one year -€27,014
down €27,014 (-94.8%), from €28,481 to €1,467
of which Trade receivables: -€21,000
- Cash -€19,301
down €19,301 (-45.3%), from €42,640 to €23,339
mainly Other debts (-€39,800) and Contributions, distributions and other (-€16,860)
- Deferred charges and accrued income +€3,347
up €3,347 (+510%), from €656 to €4,003
- Other debts -€39,800
down €39,800 (-95.5%), from €41,660 to €1,860
- Reserves -€16,860
down €16,860 (-27.2%), from €62,044 to €45,184
of which Distributable reserves: -€15,000
- Tax, wage and social debts +€16,686
up €16,686 (+239%), from €6,968 to €23,654
of which Remuneration and social security: +€12,046
- Profit (loss) carried forward -€13,294
new in 2026: -€13,294
- Current portion of long-term debt -€12,502
no longer reported in 2026 (was €12,502)
- Financial income -€50,721
down €50,721 (-99.6%), from €50,933 to €212
- Financial charges -€26,129
down €26,129 (-95.0%), from €27,516 to €1,387
- Staff costs +€13,981
new in 2026: €13,981
- Depreciation +€5,333
up €5,333 (+178%), from €2,996 to €8,329
- Taxes -€3,691
down €3,691 (-80.4%), from €4,590 to €898
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €148,138 | €76,918 | -€71,221 | -48.1% |
| Fixed assets | 21/28 | €76,362 | €44,902 | -€31,460 | -41.2% |
| Intangible fixed assets | 21 | - | €35,198 | +€35,198 | |
| Tangible fixed assets | 22/27 | €12,706 | €9,704 | -€3,002 | -23.6% |
| Plant, machinery and equipment | 23 | €1,952 | €5,343 | +€3,391 | +174% |
| Furniture and vehicles | 24 | €10,754 | €4,361 | -€6,393 | -59.4% |
| Financial fixed assets | 28 | €63,656 | - | -€63,656 | |
| Current assets | 29/58 | €71,777 | €32,016 | -€39,761 | -55.4% |
| Stocks and contracts in progress | 3 | - | €3,207 | +€3,207 | |
| Stocks | 30/36 | - | €3,207 | +€3,207 | |
| Amounts receivable within one year | 40/41 | €28,481 | €1,467 | -€27,014 | -94.8% |
| Trade receivables | 40 | €21,000 | - | -€21,000 | |
| Other amounts receivable | 41 | €7,481 | €1,467 | -€6,014 | -80.4% |
| Cash at bank and in hand | 54/58 | €42,640 | €23,339 | -€19,301 | -45.3% |
| Deferred charges and accrued income | 490/1 | €656 | €4,003 | +€3,347 | +510% |
| Total equity and liabilities | 10/49 | €148,138 | €76,918 | -€71,221 | -48.1% |
| Equity | 10/15 | €68,244 | €38,089 | -€30,154 | -44.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €62,044 | €45,184 | -€16,860 | -27.2% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | €60,184 | €45,184 | -€15,000 | -24.9% |
| Profit (loss) carried forward | 14 | - | -€13,294 | -€13,294 | |
| Amounts payable | 17/49 | €79,895 | €38,829 | -€41,066 | -51.4% |
| Amounts payable within one year | 42/48 | €79,740 | €38,174 | -€41,567 | -52.1% |
| Current portion of amounts payable after more than one year | 42 | €12,502 | - | -€12,502 | |
| Trade debts | 44 | €18,610 | €12,660 | -€5,950 | -32.0% |
| Suppliers | 440/4 | €18,610 | €12,660 | -€5,950 | -32.0% |
| Taxes, remuneration and social security | 45 | €6,968 | €23,654 | +€16,686 | +239% |
| Taxes | 450/3 | €6,968 | €11,608 | +€4,639 | +66.6% |
| Remuneration and social security | 454/9 | - | €12,046 | +€12,046 | |
| Other amounts payable | 47/48 | €41,660 | €1,860 | -€39,800 | -95.5% |
| Accrued charges and deferred income | 492/3 | €154 | €655 | +€501 | +324% |
| Remuneration, social security and pensions | 62 | - | €13,981 | +€13,981 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,996 | €8,329 | +€5,333 | +178% |
| Other operating charges | 640/8 | €603 | €621 | +€17 | +2.9% |
| Gross operating margin | 9900 | €10,049 | €11,710 | +€1,661 | +16.5% |
| Operating profit (loss) | 9901 | €6,449 | -€11,221 | -€17,670 | |
| Financial income | 75/76B | €50,933 | €212 | -€50,721 | -99.6% |
| Recurring financial income | 75 | €50,933 | €212 | -€50,721 | -99.6% |
| Financial charges | 65/66B | €27,516 | €1,387 | -€26,129 | -95.0% |
| Recurring financial charges | 65 | €27,516 | €1,387 | -€26,129 | -95.0% |
| Profit (loss) for the period before taxes | 9903 | €29,866 | -€12,396 | -€42,263 | |
| Income taxes | 67/77 | €4,590 | €898 | -€3,691 | -80.4% |
| Profit (loss) for the period | 9904 | €25,277 | -€13,294 | -€38,571 | |
| Profit (loss) for the period to be appropriated | 9905 | €25,277 | -€13,294 | -€38,571 |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.