BEST Projects: 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 Projects
Largest movements
- Receivables within one year -€664,415
down €664,415 (-27.1%), from €2.5m to €1.8m
of which Other amounts receivable: -€664,415
- Stocks and contracts +€611,675
up €611,675 (+20.8%), from €2.9m to €3.6m
of which Stocks: +€614,575
- Receivables after one year +€251,798
new in 2025: €251,798
- Other debts -€2.1m
down €2.1m (-96.2%), from €2.2m to €84,942
- Debts after one year +€1.9m
new in 2025: €1.9m
- Trade debts +€493,226
up €493,226 (+49.3%), from €1.0m to €1.5m
- Staff costs -€35,434
down €35,434 (-89.4%), from €39,643 to €4,209
- Financial charges -€11,359
down €11,359 (-19.0%), from €59,663 to €48,304
- Financial income +€4,201
up €4,201 (+23.6%), from €17,832 to €22,033
- Gross operating margin +€3,602
up €3,602 (+25.7%), from -€14,019 to -€10,417
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 | €5,389,961 | €5,589,025 | +€199,064 | +3.7% |
| Current assets | 29/58 | €5,389,961 | €5,589,025 | +€199,064 | +3.7% |
| Amounts receivable after more than one year | 29 | - | €251,798 | +€251,798 | |
| Other amounts receivable | 291 | - | €251,798 | +€251,798 | |
| Stocks and contracts in progress | 3 | €2,938,541 | €3,550,216 | +€611,675 | +20.8% |
| Stocks | 30/36 | €1,655,341 | €2,269,916 | +€614,575 | +37.1% |
| Contracts in progress | 37 | €1,283,200 | €1,280,300 | -€2,900 | -0.2% |
| Amounts receivable within one year | 40/41 | €2,451,372 | €1,786,958 | -€664,415 | -27.1% |
| Trade receivables | 40 | €1,205,970 | €1,205,970 | = | 0.0% |
| Other amounts receivable | 41 | €1,245,402 | €580,988 | -€664,415 | -53.3% |
| Cash at bank and in hand | 54/58 | €47 | €52 | +€5 | +10.6% |
| Total equity and liabilities | 10/49 | €5,389,961 | €5,589,025 | +€199,064 | +3.7% |
| Equity | 10/15 | €520,004 | €477,959 | -€42,045 | -8.1% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €458,004 | €415,959 | -€42,045 | -9.2% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €451,804 | €409,759 | -€42,045 | -9.3% |
| Amounts payable | 17/49 | €4,869,957 | €5,111,066 | +€241,109 | +5.0% |
| Amounts payable after more than one year | 17 | - | €1,913,828 | +€1.9m | |
| Other amounts payable | 178/9 | - | €1,913,828 | +€1.9m | |
| Amounts payable within one year | 42/48 | €4,867,840 | €3,186,895 | -€1.7m | -34.5% |
| Financial debts | 43 | €1,575,847 | €1,563,621 | -€12,225 | -0.8% |
| Credit institutions | 430/8 | €1,575,847 | €1,563,621 | -€12,225 | -0.8% |
| Trade debts | 44 | €1,000,063 | €1,493,289 | +€493,226 | +49.3% |
| Suppliers | 440/4 | €1,000,063 | €1,493,289 | +€493,226 | +49.3% |
| Taxes, remuneration and social security | 45 | €83,242 | €45,043 | -€38,200 | -45.9% |
| Taxes | 450/3 | €73,250 | €40,001 | -€33,249 | -45.4% |
| Remuneration and social security | 454/9 | €9,992 | €5,041 | -€4,951 | -49.5% |
| Other amounts payable | 47/48 | €2,208,688 | €84,942 | -€2.1m | -96.2% |
| Accrued charges and deferred income | 492/3 | €2,117 | €10,343 | +€8,226 | +389% |
| Remuneration, social security and pensions | 62 | €39,643 | €4,209 | -€35,434 | -89.4% |
| Other operating charges | 640/8 | €1,030 | €1,148 | +€119 | +11.5% |
| Gross operating margin | 9900 | -€14,019 | -€10,417 | +€3,602 | +25.7% |
| Operating profit (loss) | 9901 | -€54,691 | -€15,775 | +€38,917 | +71.2% |
| Financial income | 75/76B | €17,832 | €22,033 | +€4,201 | +23.6% |
| Recurring financial income | 75 | €17,832 | €22,033 | +€4,201 | +23.6% |
| Financial charges | 65/66B | €59,663 | €48,304 | -€11,359 | -19.0% |
| Recurring financial charges | 65 | €59,663 | €48,304 | -€11,359 | -19.0% |
| Profit (loss) for the period before taxes | 9903 | -€96,522 | -€42,045 | +€54,477 | +56.4% |
| Profit (loss) for the period | 9904 | -€96,522 | -€42,045 | +€54,477 | +56.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€96,522 | -€42,045 | +€54,477 | +56.4% |
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 14 October 2026 via checked.be.