BEST: 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.
BEST
Largest movements
- Receivables within one year +€16,536
up €16,536 (+23.9%), from €69,267 to €85,803
of which Trade receivables: +€17,410
- Other debts +€19,285
up €19,285 (+49.3%), from €39,098 to €58,383
- Reserves -€18,681
down €18,681 (-40.1%), from €46,536 to €27,855
- Tax, wage and social debts +€9,393
up €9,393 (+148.1%), from €6,342 to €15,736
of which Remuneration and social security: +€8,850
- Trade debts +€5,823
up €5,823 (+16.8%), from €34,733 to €40,556
- Staff costs +€14,266
new in 2025: €14,266
- Taxes -€5,826
down €5,826 (-91.5%), from €6,370 to €544
- Gross operating margin -€3,018
down €3,018 (-14.3%), from €21,142 to €18,124
- Financial charges -€796
down €796 (-51.1%), from €1,557 to €761
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 | €137,214 | €153,035 | +€15,821 | +11.5% |
| Fixed assets | 21/28 | €924 | €394 | -€530 | -57.4% |
| Tangible fixed assets | 22/27 | €924 | €394 | -€530 | -57.4% |
| Plant, machinery and equipment | 23 | €924 | €394 | -€530 | -57.4% |
| Current assets | 29/58 | €136,290 | €152,641 | +€16,351 | +12.0% |
| Amounts receivable after more than one year | 29 | €60,000 | €60,000 | = | 0.0% |
| Other amounts receivable | 291 | €60,000 | €60,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €69,267 | €85,803 | +€16,536 | +23.9% |
| Trade receivables | 40 | €63,221 | €80,631 | +€17,410 | +27.5% |
| Other amounts receivable | 41 | €6,046 | €5,172 | -€874 | -14.5% |
| Cash at bank and in hand | 54/58 | €6,790 | €6,040 | -€750 | -11.0% |
| Deferred charges and accrued income | 490/1 | €233 | €799 | +€565 | +242.3% |
| Total equity and liabilities | 10/49 | €137,214 | €153,035 | +€15,821 | +11.5% |
| Equity | 10/15 | €57,040 | €38,360 | -€18,681 | -32.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €46,536 | €27,855 | -€18,681 | -40.1% |
| Distributable reserves | 133 | €46,536 | €27,855 | -€18,681 | -40.1% |
| Profit (loss) carried forward | 14 | €4,304 | €4,304 | = | 0.0% |
| Amounts payable | 17/49 | €80,174 | €114,675 | +€34,501 | +43.0% |
| Amounts payable within one year | 42/48 | €80,174 | €114,675 | +€34,501 | +43.0% |
| Trade debts | 44 | €34,733 | €40,556 | +€5,823 | +16.8% |
| Suppliers | 440/4 | €34,733 | €40,556 | +€5,823 | +16.8% |
| Taxes, remuneration and social security | 45 | €6,342 | €15,736 | +€9,393 | +148.1% |
| Taxes | 450/3 | €6,342 | €6,886 | +€544 | +8.6% |
| Remuneration and social security | 454/9 | - | €8,850 | +€8,850 | |
| Other amounts payable | 47/48 | €39,098 | €58,383 | +€19,285 | +49.3% |
| Remuneration, social security and pensions | 62 | - | €14,266 | +€14,266 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €530 | €530 | +€0 | 0.0% |
| Other operating charges | 640/8 | €2,387 | €2,264 | -€124 | -5.2% |
| Gross operating margin | 9900 | €21,142 | €18,124 | -€3,018 | -14.3% |
| Operating profit (loss) | 9901 | €18,225 | €1,064 | -€17,161 | -94.2% |
| Financial income | 75/76B | €1,560 | €1,560 | = | 0.0% |
| Recurring financial income | 75 | €1,560 | €1,560 | = | 0.0% |
| Financial charges | 65/66B | €1,557 | €761 | -€796 | -51.1% |
| Recurring financial charges | 65 | €1,557 | €761 | -€796 | -51.1% |
| Profit (loss) for the period before taxes | 9903 | €18,228 | €1,863 | -€16,365 | -89.8% |
| Income taxes | 67/77 | €6,370 | €544 | -€5,826 | -91.5% |
| Profit (loss) for the period | 9904 | €11,858 | €1,319 | -€10,539 | -88.9% |
| Profit (loss) for the period to be appropriated | 9905 | €11,858 | €1,319 | -€10,539 | -88.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.