BeSte: 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.
BeSte
Largest movements
- Cash +€67,614
up €67,614 (+31.6%), from €214,182 to €281,795
mainly Net result for the year (+€97,526) and Depreciation (+€59,256)
- Tangible fixed assets -€48,993
down €48,993 (-8.1%), from €602,234 to €553,241
of which Land and buildings: -€51,572
- Receivables within one year +€47,378
up €47,378 (+36.7%), from €129,050 to €176,428
of which Other amounts receivable: +€42,281
- Reserves +€97,526
up €97,526 (+33.1%), from €295,034 to €392,560
of which Distributable reserves: +€97,526
- Debts after one year -€44,164
down €44,164 (-8.0%), from €549,991 to €505,827
- Gross operating margin -€12,450
down €12,450 (-3.5%), from €353,564 to €341,114
- Depreciation -€5,623
down €5,623 (-8.7%), from €64,879 to €59,256
- Staff costs -€4,513
down €4,513 (-3.3%), from €138,469 to €133,955
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 | €1,002,910 | €1,067,470 | +€64,560 | +6.4% |
| Fixed assets | 21/28 | €602,234 | €553,241 | -€48,993 | -8.1% |
| Tangible fixed assets | 22/27 | €602,234 | €553,241 | -€48,993 | -8.1% |
| Land and buildings | 22 | €579,685 | €528,113 | -€51,572 | -8.9% |
| Plant, machinery and equipment | 23 | €12,109 | €25,128 | +€13,019 | +107.5% |
| Furniture and vehicles | 24 | €10,440 | €0 | -€10,440 | -100.0% |
| Current assets | 29/58 | €400,676 | €514,229 | +€113,553 | +28.3% |
| Stocks and contracts in progress | 3 | €5,000 | €5,000 | = | 0.0% |
| Stocks | 30/36 | €5,000 | €5,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €129,050 | €176,428 | +€47,378 | +36.7% |
| Trade receivables | 40 | €19,657 | €24,753 | +€5,096 | +25.9% |
| Other amounts receivable | 41 | €109,393 | €151,674 | +€42,281 | +38.7% |
| Current investments | 50/53 | €50,152 | €50,656 | +€505 | +1.0% |
| Cash at bank and in hand | 54/58 | €214,182 | €281,795 | +€67,614 | +31.6% |
| Deferred charges and accrued income | 490/1 | €2,293 | €350 | -€1,943 | -84.7% |
| Total equity and liabilities | 10/49 | €1,002,910 | €1,067,470 | +€64,560 | +6.4% |
| Equity | 10/15 | €307,434 | €404,960 | +€97,526 | +31.7% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €295,034 | €392,560 | +€97,526 | +33.1% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €295,034 | €392,560 | +€97,526 | +33.1% |
| Amounts payable | 17/49 | €695,476 | €662,510 | -€32,966 | -4.7% |
| Amounts payable after more than one year | 17 | €549,991 | €505,827 | -€44,164 | -8.0% |
| Financial debts | 170/4 | €549,991 | €505,827 | -€44,164 | -8.0% |
| Amounts payable within one year | 42/48 | €139,113 | €150,311 | +€11,198 | +8.0% |
| Current portion of amounts payable after more than one year | 42 | €70,027 | €72,423 | +€2,396 | +3.4% |
| Trade debts | 44 | €22,471 | €21,871 | -€600 | -2.7% |
| Suppliers | 440/4 | €22,471 | €21,871 | -€600 | -2.7% |
| Advances received on contracts in progress | 46 | €2,225 | €5,494 | +€3,269 | +146.9% |
| Taxes, remuneration and social security | 45 | €44,390 | €50,523 | +€6,133 | +13.8% |
| Taxes | 450/3 | €17,600 | €24,164 | +€6,564 | +37.3% |
| Remuneration and social security | 454/9 | €26,790 | €26,359 | -€431 | -1.6% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €6,372 | €6,372 | = | 0.0% |
| Non-recurring operating income | 76A | - | €16,709 | +€16,709 | |
| Remuneration, social security and pensions | 62 | €138,469 | €133,955 | -€4,513 | -3.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €64,879 | €59,256 | -€5,623 | -8.7% |
| Other operating charges | 640/8 | €4,970 | €5,226 | +€256 | +5.1% |
| Gross operating margin | 9900 | €353,564 | €341,114 | -€12,450 | -3.5% |
| Operating profit (loss) | 9901 | €145,246 | €142,677 | -€2,569 | -1.8% |
| Financial income | 75/76B | €7,039 | €7,234 | +€194 | +2.8% |
| Recurring financial income | 75 | €7,039 | €7,234 | +€194 | +2.8% |
| Financial charges | 65/66B | €13,757 | €13,195 | -€562 | -4.1% |
| Recurring financial charges | 65 | €13,757 | €13,195 | -€562 | -4.1% |
| Profit (loss) for the period before taxes | 9903 | €138,529 | €136,716 | -€1,813 | -1.3% |
| Income taxes | 67/77 | €40,889 | €39,190 | -€1,700 | -4.2% |
| Profit (loss) for the period | 9904 | €97,640 | €97,526 | -€114 | -0.1% |
| Profit (loss) for the period to be appropriated | 9905 | €97,640 | €97,526 | -€114 | -0.1% |
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 8 October 2026 via checked.be.