BESS Navagne: 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.
What changed
BESS Navagne
NACE 64.210, Activities of holding companies
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€1.2m
2024 · -€8,577-€1.2m
Equity
-€1.1m
2024 · €39,637-€1.2m
Cash
€636,706
2024 · €46,279+€590,427
Balance sheet total
€78.3m
2024 · €46,949+€78.3m
Largest movements
Assets
- Financial fixed assets +€76.2m
new in 2025: €76.2m
- Current investments +€1.5m
new in 2025: €1.5m
Equity and liabilities
- Debts after one year +€53.2m
new in 2025: €53.2m
- Current portion of long-term debt +€26.2m
new in 2025: €26.2m
- Profit (loss) carried forward -€1.2m
down €1.2m (-5,383%), from -€21,863 to -€1.2m
Income statement
- Financial income +€10.4m
new in 2025: €10.4m
- Financial charges +€10.0m
up €10.0m (+1,930,563%), from €520 to €10.0m
- Gross operating margin -€1.6m
down €1.6m (-21,290%), from -€7,396 to -€1.6m
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.
Result 2024
-€8,577
Gross operating margin
-€1.6m
Depreciation
-€0
Other operating charges
-€100
Financial income
+€10.4m
Financial charges
-€10.0m
Result 2025
-€1.2m
raises the resultlowers the result
Derived cash bridge
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.
From operations
-€1.2m
Investment
-€77.7m
Financing
+€79.4m
Cash 2024
€46,279
From operations (derived)
-€1.2m
Net result for the year
-€1.2m
Depreciation
+€273
Smaller working-capital items
+€193
Investment (derived)
-€77.7m
Investment in fixed assets (net)
-€76.2m
Current investments
-€1.5m
Financing
+€79.4m
Debts after one year
+€53.2m
Current portion of long-term debt
+€26.2m
Cash 2025
€636,706
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €46,949 | €78,339,443 | +€78.3m | +166,762% |
| Formation expenses | 20 | €387 | €114 | -€273 | -70.6% |
| Fixed assets | 21/28 | - | €76,175,517 | +€76.2m | |
| Financial fixed assets | 28 | - | €76,175,517 | +€76.2m | |
| Current assets | 29/58 | €46,562 | €2,163,812 | +€2.1m | +4,547% |
| Amounts receivable within one year | 40/41 | €282 | €9,796 | +€9,514 | +3,368% |
| Other amounts receivable | 41 | €282 | €9,796 | +€9,514 | +3,368% |
| Current investments | 50/53 | - | €1,500,000 | +€1.5m | |
| Cash at bank and in hand | 54/58 | €46,279 | €636,706 | +€590,427 | +1,276% |
| Deferred charges and accrued income | 490/1 | - | €17,310 | +€17,310 | |
| Total equity and liabilities | 10/49 | €46,949 | €78,339,443 | +€78.3m | +166,762% |
| Equity | 10/15 | €39,637 | -€1,137,297 | -€1.2m | |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€21,863 | -€1,198,797 | -€1.2m | -5,383% |
| Amounts payable | 17/49 | €7,312 | €79,476,739 | +€79.5m | +1,086,865% |
| Amounts payable after more than one year | 17 | - | €53,242,411 | +€53.2m | |
| Financial debts | 170/4 | - | €53,242,411 | +€53.2m | |
| Amounts payable within one year | 42/48 | €7,312 | €26,234,328 | +€26.2m | +358,694% |
| Current portion of amounts payable after more than one year | 42 | - | €26,200,000 | +€26.2m | |
| Trade debts | 44 | €7,312 | €0 | -€7,312 | -100% |
| Suppliers | 440/4 | €7,312 | €0 | -€7,312 | -100% |
| Other amounts payable | 47/48 | - | €34,328 | +€34,328 | |
| Goods, raw materials, services and sundry goods | 60/61 | €7,396 | - | -€7,396 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €273 | €273 | +€0 | 0.0% |
| Other operating charges | 640/8 | €387 | €487 | +€100 | +25.8% |
| Gross operating margin | 9900 | -€7,396 | -€1,582,054 | -€1.6m | -21,290% |
| Operating profit (loss) | 9901 | -€8,057 | -€1,582,815 | -€1.6m | -19,545% |
| Financial income | 75/76B | - | €10,447,450 | +€10.4m | |
| Recurring financial income | 75 | - | €10,447,450 | +€10.4m | |
| Financial charges | 65/66B | €520 | €10,041,569 | +€10.0m | +1,930,563% |
| Recurring financial charges | 65 | €520 | €10,041,569 | +€10.0m | +1,930,563% |
| Profit (loss) for the period before taxes | 9903 | -€8,577 | -€1,176,933 | -€1.2m | -13,622% |
| Profit (loss) for the period | 9904 | -€8,577 | -€1,176,933 | -€1.2m | -13,622% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,577 | -€1,176,933 | -€1.2m | -13,622% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.