BEST PARTNERS: what changed
BEST PARTNERS
Largest movements
- Tangible fixed assets +€68,930
up €68,930 (+11.2%), from €615,920 to €684,851
of which Land and buildings: +€66,453
- Cash -€35,398
down €35,398 (-37.7%), from €93,876 to €58,478
mainly Investment in fixed assets (net) (-€153,913) and Trade debts (-€45,648)
- Receivables within one year -€33,436
down €33,436 (-19.2%), from €174,012 to €140,576
of which Other amounts receivable: -€42,955
- Reserves +€66,488
up €66,488 (+24.7%), from €268,933 to €335,421
- Trade debts -€45,648
down €45,648 (-33.4%), from €136,465 to €90,818
- Tax, wage and social debts +€32,421
up €32,421 (+61.8%), from €52,425 to €84,846
of which Remuneration and social security: +€18,201
- Debts after one year -€23,371
down €23,371 (-7.1%), from €330,414 to €307,044
- Other debts -€15,061
down €15,061 (-74.3%), from €20,270 to €5,209
- Gross operating margin +€49,068
up €49,068 (+5.3%), from €922,365 to €971,433
- Depreciation +€14,243
up €14,243 (+20.1%), from €70,740 to €84,982
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €892,757 | €892,854 | +€97 | 0.0% |
| Fixed assets | 21/28 | €615,920 | €684,851 | +€68,930 | +11.2% |
| Tangible fixed assets | 22/27 | €615,920 | €684,851 | +€68,930 | +11.2% |
| Land and buildings | 22 | €517,088 | €583,541 | +€66,453 | +12.9% |
| Plant, machinery and equipment | 23 | €31,750 | €29,303 | -€2,447 | -7.7% |
| Furniture and vehicles | 24 | €67,082 | €72,007 | +€4,925 | +7.3% |
| Current assets | 29/58 | €276,837 | €208,003 | -€68,834 | -24.9% |
| Stocks and contracts in progress | 3 | €8,925 | €8,925 | = | 0.0% |
| Stocks | 30/36 | €8,925 | €8,925 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €174,012 | €140,576 | -€33,436 | -19.2% |
| Trade receivables | 40 | €114,658 | €124,177 | +€9,519 | +8.3% |
| Other amounts receivable | 41 | €59,354 | €16,399 | -€42,955 | -72.4% |
| Current investments | 50/53 | €24 | €24 | -€1 | -2.1% |
| Cash at bank and in hand | 54/58 | €93,876 | €58,478 | -€35,398 | -37.7% |
| Total equity and liabilities | 10/49 | €892,757 | €892,854 | +€97 | 0.0% |
| Equity | 10/15 | €295,143 | €361,631 | +€66,488 | +22.5% |
| Contributions | 10/11 | €74,036 | €74,036 | = | 0.0% |
| Reserves | 13 | €268,933 | €335,421 | +€66,488 | +24.7% |
| Distributable reserves | 133 | €268,933 | €335,421 | +€66,488 | +24.7% |
| Profit (loss) carried forward | 14 | -€47,825 | -€47,825 | = | 0.0% |
| Amounts payable | 17/49 | €597,614 | €531,222 | -€66,391 | -11.1% |
| Amounts payable after more than one year | 17 | €330,414 | €307,044 | -€23,371 | -7.1% |
| Financial debts | 170/4 | €330,414 | €307,044 | -€23,371 | -7.1% |
| Amounts payable within one year | 42/48 | €267,199 | €224,179 | -€43,021 | -16.1% |
| Current portion of amounts payable after more than one year | 42 | €58,040 | €43,306 | -€14,734 | -25.4% |
| Trade debts | 44 | €136,465 | €90,818 | -€45,648 | -33.4% |
| Suppliers | 440/4 | €136,465 | €90,818 | -€45,648 | -33.4% |
| Taxes, remuneration and social security | 45 | €52,425 | €84,846 | +€32,421 | +61.8% |
| Taxes | 450/3 | €9,845 | €24,066 | +€14,221 | +144% |
| Remuneration and social security | 454/9 | €42,579 | €60,780 | +€18,201 | +42.7% |
| Other amounts payable | 47/48 | €20,270 | €5,209 | -€15,061 | -74.3% |
| Remuneration, social security and pensions | 62 | €756,452 | €761,227 | +€4,775 | +0.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €70,740 | €84,982 | +€14,243 | +20.1% |
| Other operating charges | 640/8 | €6,443 | €6,560 | +€116 | +1.8% |
| Non-recurring operating charges | 66A | - | €9,755 | +€9,755 | |
| Gross operating margin | 9900 | €922,365 | €971,433 | +€49,068 | +5.3% |
| Operating profit (loss) | 9901 | €88,730 | €108,909 | +€20,179 | +22.7% |
| Financial income | 75/76B | €4,303 | €112 | -€4,191 | -97.4% |
| Recurring financial income | 75 | €4,303 | €112 | -€4,191 | -97.4% |
| Financial charges | 65/66B | €20,651 | €14,333 | -€6,318 | -30.6% |
| Recurring financial charges | 65 | €20,651 | €14,333 | -€6,318 | -30.6% |
| Profit (loss) for the period before taxes | 9903 | €72,381 | €94,688 | +€22,307 | +30.8% |
| Income taxes | 67/77 | €23,980 | €28,200 | +€4,220 | +17.6% |
| Profit (loss) for the period | 9904 | €48,402 | €66,488 | +€18,086 | +37.4% |
| Profit (loss) for the period to be appropriated | 9905 | €48,402 | €66,488 | +€18,086 | +37.4% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.