BEST MANAGEMENT: 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 MANAGEMENT
Largest movements
- Cash -€22,748
down €22,748 (-37.2%), from €61,154 to €38,405
mainly Debts after one year (-€10,846) and Accrued charges and deferred income (-€10,068)
- Tangible fixed assets -€15,314
down €15,314 (-5.2%), from €292,676 to €277,362
of which Land and buildings: -€12,597
- Receivables after one year -€5,000
down €5,000 (-28.6%), from €17,500 to €12,500
- Receivables within one year +€4,640
up €4,640 (+77.9%), from €5,957 to €10,598
of which Trade receivables: +€3,252
- Debts after one year -€10,846
down €10,846 (-7.1%), from €152,155 to €141,309
- Accrued charges and deferred income -€10,068
down €10,068 (-99.1%), from €10,162 to €94
- Advances received -€9,255
no longer reported in 2025 (was €9,255)
- Reserves -€5,362
down €5,362 (-2.8%), from €194,479 to €189,117
of which Distributable reserves: -€2,821
- Gross operating margin +€17,928
up €17,928, from -€3,350 to €14,578
- Financial charges -€1,095
down €1,095 (-25.3%), from €4,329 to €3,234
- Financial income -€213
down €213 (-22.4%), from €953 to €740
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 | €377,287 | €339,481 | -€37,806 | -10.0% |
| Fixed assets | 21/28 | €292,676 | €277,362 | -€15,314 | -5.2% |
| Tangible fixed assets | 22/27 | €292,676 | €277,362 | -€15,314 | -5.2% |
| Land and buildings | 22 | €286,609 | €274,012 | -€12,597 | -4.4% |
| Plant, machinery and equipment | 23 | €4,614 | €2,210 | -€2,404 | -52.1% |
| Furniture and vehicles | 24 | €1,453 | €1,140 | -€313 | -21.6% |
| Current assets | 29/58 | €84,611 | €62,119 | -€22,492 | -26.6% |
| Amounts receivable after more than one year | 29 | €17,500 | €12,500 | -€5,000 | -28.6% |
| Other amounts receivable | 291 | €17,500 | €12,500 | -€5,000 | -28.6% |
| Amounts receivable within one year | 40/41 | €5,957 | €10,598 | +€4,640 | +77.9% |
| Trade receivables | 40 | €3,623 | €6,875 | +€3,252 | +89.8% |
| Other amounts receivable | 41 | €2,334 | €3,722 | +€1,388 | +59.5% |
| Cash at bank and in hand | 54/58 | €61,154 | €38,405 | -€22,748 | -37.2% |
| Deferred charges and accrued income | 490/1 | €0 | €616 | +€616 | |
| Total equity and liabilities | 10/49 | €377,287 | €339,481 | -€37,806 | -10.0% |
| Equity | 10/15 | €178,248 | €172,264 | -€5,984 | -3.4% |
| Contributions | 10/11 | €6,500 | €6,500 | = | 0.0% |
| Reserves | 13 | €194,479 | €189,117 | -€5,362 | -2.8% |
| Non-distributable reserves | 130/1 | €1,900 | €1,900 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,900 | €1,900 | = | 0.0% |
| Tax-exempt reserves | 132 | €48,679 | €46,138 | -€2,541 | -5.2% |
| Distributable reserves | 133 | €143,900 | €141,079 | -€2,821 | -2.0% |
| Profit (loss) carried forward | 14 | -€22,731 | -€23,352 | -€621 | -2.7% |
| Provisions and deferred taxes | 16 | €16,087 | €15,240 | -€847 | -5.3% |
| Deferred taxes | 168 | €16,087 | €15,240 | -€847 | -5.3% |
| Amounts payable | 17/49 | €182,952 | €151,977 | -€30,975 | -16.9% |
| Amounts payable after more than one year | 17 | €152,155 | €141,309 | -€10,846 | -7.1% |
| Financial debts | 170/4 | €152,155 | €141,309 | -€10,846 | -7.1% |
| Amounts payable within one year | 42/48 | €20,635 | €10,574 | -€10,061 | -48.8% |
| Current portion of amounts payable after more than one year | 42 | €9,154 | €9,331 | +€178 | +1.9% |
| Trade debts | 44 | €1,961 | €1,243 | -€718 | -36.6% |
| Suppliers | 440/4 | €1,961 | €1,243 | -€718 | -36.6% |
| Advances received on contracts in progress | 46 | €9,255 | - | -€9,255 | |
| Taxes, remuneration and social security | 45 | €266 | - | -€266 | |
| Taxes | 450/3 | €266 | - | -€266 | |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €10,162 | €94 | -€10,068 | -99.1% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,250 | €15,314 | +€64 | +0.4% |
| Other operating charges | 640/8 | €726 | €779 | +€53 | +7.3% |
| Gross operating margin | 9900 | -€3,350 | €14,578 | +€17,928 | |
| Operating profit (loss) | 9901 | -€19,325 | -€1,514 | +€17,811 | +92.2% |
| Financial income | 75/76B | €953 | €740 | -€213 | -22.4% |
| Recurring financial income | 75 | €953 | €740 | -€213 | -22.4% |
| Financial charges | 65/66B | €4,329 | €3,234 | -€1,095 | -25.3% |
| Recurring financial charges | 65 | €4,329 | €3,234 | -€1,095 | -25.3% |
| Profit (loss) for the period before taxes | 9903 | -€22,702 | -€4,009 | +€18,693 | +82.3% |
| Transfer from deferred taxes | 780 | €0 | €847 | +€847 | |
| Income taxes | 67/77 | €29 | - | -€29 | |
| Profit (loss) for the period | 9904 | -€22,731 | -€3,162 | +€19,569 | +86.1% |
| Transfer from tax-exempt reserves | 789 | €0 | €2,541 | +€2,541 | |
| Profit (loss) for the period to be appropriated | 9905 | -€22,731 | -€621 | +€22,110 | +97.3% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.