BESST: 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.
BESST
Largest movements
- Cash -€114,737
down €114,737 (-70.9%), from €161,792 to €47,056
mainly Contributions, distributions and other (-€143,529) and Net result for the year (-€46,479)
- Tangible fixed assets -€27,030
down €27,030 (-8.6%), from €315,213 to €288,182
of which Land and buildings: -€14,850
- Receivables within one year -€12,475
down €12,475 (-34.4%), from €36,290 to €23,815
of which Other amounts receivable: -€20,210
- Reserves -€184,637
down €184,637 (-82.8%), from €222,870 to €38,233
of which Distributable reserves: -€184,637
- Other debts +€38,866
up €38,866 (+16,513%), from €235 to €39,101
- Tax, wage and social debts +€23,053
up €23,053 (+313%), from €7,362 to €30,415
of which Taxes: +€19,982
- Debts after one year -€20,943
down €20,943 (-8.5%), from €245,523 to €224,580
- Profit (loss) carried forward -€5,371
down €5,371, from €0 to -€5,371
- Gross operating margin -€289,670
down €289,670, from €281,783 to -€7,886
- Taxes -€59,427
down €59,427 (-99.2%), from €59,912 to €485
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €528,493 | €374,161 | -€154,333 | -29.2% |
| Fixed assets | 21/28 | €315,213 | €288,182 | -€27,030 | -8.6% |
| Tangible fixed assets | 22/27 | €315,213 | €288,182 | -€27,030 | -8.6% |
| Land and buildings | 22 | €254,542 | €239,692 | -€14,850 | -5.8% |
| Plant, machinery and equipment | 23 | €25,812 | €23,126 | -€2,686 | -10.4% |
| Furniture and vehicles | 24 | €3,909 | €1,655 | -€2,254 | -57.7% |
| Leasing and similar rights | 25 | €28,676 | €21,686 | -€6,990 | -24.4% |
| Other tangible fixed assets | 26 | €2,274 | €2,023 | -€251 | -11.0% |
| Current assets | 29/58 | €213,281 | €85,979 | -€127,302 | -59.7% |
| Stocks and contracts in progress | 3 | €5,276 | €5,005 | -€272 | -5.2% |
| Stocks | 30/36 | €5,276 | €5,005 | -€272 | -5.2% |
| Amounts receivable within one year | 40/41 | €36,290 | €23,815 | -€12,475 | -34.4% |
| Trade receivables | 40 | €11,351 | €19,086 | +€7,735 | +68.1% |
| Other amounts receivable | 41 | €24,939 | €4,729 | -€20,210 | -81.0% |
| Cash at bank and in hand | 54/58 | €161,792 | €47,056 | -€114,737 | -70.9% |
| Deferred charges and accrued income | 490/1 | €9,922 | €10,103 | +€181 | +1.8% |
| Total equity and liabilities | 10/49 | €528,493 | €374,161 | -€154,333 | -29.2% |
| Equity | 10/15 | €242,870 | €52,862 | -€190,008 | -78.2% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €222,870 | €38,233 | -€184,637 | -82.8% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €36,233 | €36,233 | = | 0.0% |
| Distributable reserves | 133 | €184,637 | €0 | -€184,637 | -100% |
| Profit (loss) carried forward | 14 | €0 | -€5,371 | -€5,371 | |
| Amounts payable | 17/49 | €285,623 | €321,299 | +€35,675 | +12.5% |
| Amounts payable after more than one year | 17 | €245,523 | €224,580 | -€20,943 | -8.5% |
| Financial debts | 170/4 | €245,523 | €224,580 | -€20,943 | -8.5% |
| Amounts payable within one year | 42/48 | €40,100 | €96,718 | +€56,618 | +141% |
| Current portion of amounts payable after more than one year | 42 | €23,912 | €20,943 | -€2,969 | -12.4% |
| Trade debts | 44 | €8,591 | €6,260 | -€2,331 | -27.1% |
| Suppliers | 440/4 | €8,591 | €6,260 | -€2,331 | -27.1% |
| Taxes, remuneration and social security | 45 | €7,362 | €30,415 | +€23,053 | +313% |
| Taxes | 450/3 | €7,362 | €27,344 | +€19,982 | +271% |
| Remuneration and social security | 454/9 | - | €3,071 | +€3,071 | |
| Other amounts payable | 47/48 | €235 | €39,101 | +€38,866 | +16,513% |
| Non-recurring operating income | 76A | €2,715 | €0 | -€2,715 | -100% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,858 | €27,905 | +€1,047 | +3.9% |
| Other operating charges | 640/8 | €4,420 | €4,643 | +€224 | +5.1% |
| Gross operating margin | 9900 | €281,783 | -€7,886 | -€289,670 | |
| Operating profit (loss) | 9901 | €250,506 | -€40,435 | -€290,941 | |
| Financial income | 75/76B | €2,688 | €31 | -€2,657 | -98.9% |
| Recurring financial income | 75 | €2,688 | €31 | -€2,657 | -98.9% |
| Financial charges | 65/66B | €6,218 | €5,590 | -€628 | -10.1% |
| Recurring financial charges | 65 | €6,218 | €5,590 | -€628 | -10.1% |
| Profit (loss) for the period before taxes | 9903 | €246,976 | -€45,994 | -€292,970 | |
| Income taxes | 67/77 | €59,912 | €485 | -€59,427 | -99.2% |
| Profit (loss) for the period | 9904 | €187,065 | -€46,479 | -€233,543 | |
| Transfer to tax-exempt reserves | 689 | €7,733 | €0 | -€7,733 | -100% |
| Profit (loss) for the period to be appropriated | 9905 | €179,332 | -€46,479 | -€225,810 |
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 18 October 2026 via checked.be.