BeSt: 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.
BeSt
Largest movements
- Financial fixed assets -€250,000
no longer reported in 2025 (was €250,000)
- Stocks and contracts -€215,868
down €215,868 (-26.7%), from €809,237 to €593,369
- Cash -€20,161
down €20,161 (-38.7%), from €52,136 to €31,975
mainly Other debts (-€563,934)
- Other debts -€563,934
down €563,934 (-60.7%), from €928,555 to €364,621
- Trade debts +€51,578
up €51,578 (+86.0%), from €59,971 to €111,549
- Gross operating margin +€16,411
up €16,411 (+180.4%), from €9,097 to €25,508
- Taxes +€7,367
up €7,367 (+1617.1%), from €456 to €7,822
- Financial income -€2,945
down €2,945 (-48.4%), from €6,081 to €3,136
- Financial charges -€2,308
down €2,308 (-28.4%), from €8,132 to €5,824
- Other operating charges +€770
up €770 (+38.5%), from €2,002 to €2,772
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 | €1,242,332 | €744,951 | -€497,381 | -40.0% |
| Fixed assets | 21/28 | €256,379 | €6,486 | -€249,893 | -97.5% |
| Tangible fixed assets | 22/27 | €6,379 | €6,486 | +€107 | +1.7% |
| Plant, machinery and equipment | 23 | €816 | €522 | -€293 | -36.0% |
| Furniture and vehicles | 24 | €5,563 | €5,964 | +€401 | +7.2% |
| Financial fixed assets | 28 | €250,000 | - | -€250,000 | |
| Current assets | 29/58 | €985,953 | €738,465 | -€247,488 | -25.1% |
| Stocks and contracts in progress | 3 | €809,237 | €593,369 | -€215,868 | -26.7% |
| Stocks | 30/36 | €809,237 | €593,369 | -€215,868 | -26.7% |
| Amounts receivable within one year | 40/41 | €115,429 | €106,704 | -€8,725 | -7.6% |
| Trade receivables | 40 | €111,132 | €105,793 | -€5,338 | -4.8% |
| Other amounts receivable | 41 | €4,297 | €910 | -€3,387 | -78.8% |
| Cash at bank and in hand | 54/58 | €52,136 | €31,975 | -€20,161 | -38.7% |
| Deferred charges and accrued income | 490/1 | €9,152 | €6,418 | -€2,734 | -29.9% |
| Total equity and liabilities | 10/49 | €1,242,332 | €744,951 | -€497,381 | -40.0% |
| Equity | 10/15 | €242,424 | €252,282 | +€9,858 | +4.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €263,500 | €263,500 | = | 0.0% |
| Distributable reserves | 133 | €263,500 | €263,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€27,276 | -€17,418 | +€9,858 | +36.1% |
| Amounts payable | 17/49 | €999,908 | €492,669 | -€507,239 | -50.7% |
| Amounts payable within one year | 42/48 | €992,924 | €485,571 | -€507,353 | -51.1% |
| Trade debts | 44 | €59,971 | €111,549 | +€51,578 | +86.0% |
| Suppliers | 440/4 | €59,971 | €111,549 | +€51,578 | +86.0% |
| Taxes, remuneration and social security | 45 | €4,398 | €9,401 | +€5,004 | +113.8% |
| Taxes | 450/3 | €4,398 | €9,401 | +€5,004 | +113.8% |
| Other amounts payable | 47/48 | €928,555 | €364,621 | -€563,934 | -60.7% |
| Accrued charges and deferred income | 492/3 | €6,984 | €7,098 | +€114 | +1.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,820 | €2,367 | +€548 | +30.1% |
| Other operating charges | 640/8 | €2,002 | €2,772 | +€770 | +38.5% |
| Gross operating margin | 9900 | €9,097 | €25,508 | +€16,411 | +180.4% |
| Operating profit (loss) | 9901 | €5,275 | €20,368 | +€15,093 | +286.1% |
| Financial income | 75/76B | €6,081 | €3,136 | -€2,945 | -48.4% |
| Recurring financial income | 75 | €6,081 | €3,136 | -€2,945 | -48.4% |
| Financial charges | 65/66B | €8,132 | €5,824 | -€2,308 | -28.4% |
| Recurring financial charges | 65 | €8,132 | €5,824 | -€2,308 | -28.4% |
| Profit (loss) for the period before taxes | 9903 | €3,224 | €17,680 | +€14,457 | +448.4% |
| Income taxes | 67/77 | €456 | €7,822 | +€7,367 | +1617.1% |
| Profit (loss) for the period | 9904 | €2,768 | €9,858 | +€7,090 | +256.1% |
| Profit (loss) for the period to be appropriated | 9905 | €2,768 | €9,858 | +€7,090 | +256.1% |
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 11 October 2026 via checked.be.