BESST-M: 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-M
Largest movements
- Receivables within one year +€8,961
up €8,961 (+306%), from €2,929 to €11,891
of which Trade receivables: +€9,405
- Tangible fixed assets -€3,490
down €3,490 (-39.4%), from €8,851 to €5,361
of which Other tangible fixed assets: -€1,891
- Cash -€777
down €777 (-2.2%), from €34,658 to €33,881
mainly Contributions, distributions and other (-€20,000) and Receivables within one year (-€8,961)
- Other debts +€20,000
up €20,000, from €0 to €20,000
- Reserves -€19,016
down €19,016 (-71.6%), from €26,541 to €7,524
- Tax, wage and social debts +€3,145
up €3,145 (+3,767%), from €83 to €3,228
- Trade debts +€551
up €551 (+25.5%), from €2,157 to €2,708
- Gross operating margin -€20,014
down €20,014 (-72.7%), from €27,512 to €7,497
- Taxes -€3,866
down €3,866 (-82.2%), from €4,703 to €838
- Depreciation -€477
down €477 (-12.0%), from €3,967 to €3,490
- Financial charges -€404
down €404 (-18.5%), from €2,191 to €1,786
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 | €47,381 | €52,061 | +€4,679 | +9.9% |
| Fixed assets | 21/28 | €8,851 | €5,361 | -€3,490 | -39.4% |
| Tangible fixed assets | 22/27 | €8,851 | €5,361 | -€3,490 | -39.4% |
| Furniture and vehicles | 24 | €3,255 | €1,656 | -€1,599 | -49.1% |
| Other tangible fixed assets | 26 | €5,596 | €3,705 | -€1,891 | -33.8% |
| Current assets | 29/58 | €38,530 | €46,699 | +€8,169 | +21.2% |
| Amounts receivable within one year | 40/41 | €2,929 | €11,891 | +€8,961 | +306% |
| Trade receivables | 40 | €1,459 | €10,864 | +€9,405 | +644% |
| Other amounts receivable | 41 | €1,470 | €1,027 | -€443 | -30.1% |
| Cash at bank and in hand | 54/58 | €34,658 | €33,881 | -€777 | -2.2% |
| Deferred charges and accrued income | 490/1 | €942 | €927 | -€15 | -1.6% |
| Total equity and liabilities | 10/49 | €47,381 | €52,061 | +€4,679 | +9.9% |
| Equity | 10/15 | €45,141 | €26,124 | -€19,016 | -42.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €26,541 | €7,524 | -€19,016 | -71.6% |
| Distributable reserves | 133 | €26,541 | €7,524 | -€19,016 | -71.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €2,241 | €25,936 | +€23,696 | +1,058% |
| Amounts payable within one year | 42/48 | €2,241 | €25,936 | +€23,696 | +1,058% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €2,157 | €2,708 | +€551 | +25.5% |
| Suppliers | 440/4 | €2,157 | €2,708 | +€551 | +25.5% |
| Taxes, remuneration and social security | 45 | €83 | €3,228 | +€3,145 | +3,767% |
| Taxes | 450/3 | €83 | €3,228 | +€3,145 | +3,767% |
| Other amounts payable | 47/48 | €0 | €20,000 | +€20,000 | |
| Remuneration, social security and pensions | 62 | - | €0 | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,967 | €3,490 | -€477 | -12.0% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Non-recurring operating charges | 66A | €1,022 | - | -€1,022 | |
| Gross operating margin | 9900 | €27,512 | €7,497 | -€20,014 | -72.7% |
| Operating profit (loss) | 9901 | €22,136 | €3,608 | -€18,528 | -83.7% |
| Financial income | 75/76B | €44 | €0 | -€44 | -99.1% |
| Recurring financial income | 75 | €44 | €0 | -€44 | -99.1% |
| Financial charges | 65/66B | €2,191 | €1,786 | -€404 | -18.5% |
| Recurring financial charges | 65 | €2,191 | €1,786 | -€404 | -18.5% |
| Profit (loss) for the period before taxes | 9903 | €19,989 | €1,821 | -€18,167 | -90.9% |
| Income taxes | 67/77 | €4,703 | €838 | -€3,866 | -82.2% |
| Profit (loss) for the period | 9904 | €15,285 | €984 | -€14,302 | -93.6% |
| Profit (loss) for the period to be appropriated | 9905 | €15,285 | €984 | -€14,302 | -93.6% |
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.