BESUN: 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.
BESUN
Largest movements
- Deferred charges and accrued income +€27,904
up €27,904 (+12,069%), from €231 to €28,135
- Receivables within one year -€14,733
down €14,733 (-91.7%), from €16,063 to €1,329
of which Trade receivables: -€15,048
- Tangible fixed assets -€9,868
down €9,868 (-65.1%), from €15,150 to €5,282
- Cash +€5,403
up €5,403 (+11.8%), from €45,803 to €51,206
mainly Net result for the year (+€22,970) and Receivables within one year (+€14,733)
- Intangible fixed assets -€2,307
down €2,307 (-42.5%), from €5,432 to €3,126
- Trade debts -€25,146
down €25,146 (-92.5%), from €27,194 to €2,049
- Reserves +€22,970
up €22,970 (+99.2%), from €23,151 to €46,121
- Other debts +€10,818
up €10,818 (+95.2%), from €11,363 to €22,182
- Tax, wage and social debts -€2,243
down €2,243 (-15.0%), from €14,971 to €12,728
- Gross operating margin +€3,756
up €3,756 (+9.6%), from €39,270 to €43,026
- Financial charges +€3,041
up €3,041 (+26,016%), from €12 to €3,053
- Depreciation -€2,358
down €2,358 (-42.6%), from €5,537 to €3,179
- Taxes +€2,249
up €2,249 (+23.8%), from €9,436 to €11,684
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 | €82,679 | €89,079 | +€6,399 | +7.7% |
| Fixed assets | 21/28 | €20,583 | €8,408 | -€12,174 | -59.1% |
| Intangible fixed assets | 21 | €5,432 | €3,126 | -€2,307 | -42.5% |
| Tangible fixed assets | 22/27 | €15,150 | €5,282 | -€9,868 | -65.1% |
| Furniture and vehicles | 24 | €15,150 | €5,282 | -€9,868 | -65.1% |
| Current assets | 29/58 | €62,097 | €80,670 | +€18,574 | +29.9% |
| Amounts receivable within one year | 40/41 | €16,063 | €1,329 | -€14,733 | -91.7% |
| Trade receivables | 40 | €16,061 | €1,013 | -€15,048 | -93.7% |
| Other amounts receivable | 41 | €1 | €316 | +€314 | +23,643% |
| Cash at bank and in hand | 54/58 | €45,803 | €51,206 | +€5,403 | +11.8% |
| Deferred charges and accrued income | 490/1 | €231 | €28,135 | +€27,904 | +12,069% |
| Total equity and liabilities | 10/49 | €82,679 | €89,079 | +€6,399 | +7.7% |
| Equity | 10/15 | €29,151 | €52,121 | +€22,970 | +78.8% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Contributions outside capital | 11 | €6,000 | €6,000 | = | 0.0% |
| Other | 1109/19 | €6,000 | €6,000 | = | 0.0% |
| Reserves | 13 | €23,151 | €46,121 | +€22,970 | +99.2% |
| Distributable reserves | 133 | €23,151 | €46,121 | +€22,970 | +99.2% |
| Amounts payable | 17/49 | €53,528 | €36,958 | -€16,570 | -31.0% |
| Amounts payable within one year | 42/48 | €53,528 | €36,958 | -€16,570 | -31.0% |
| Trade debts | 44 | €27,194 | €2,049 | -€25,146 | -92.5% |
| Suppliers | 440/4 | €27,194 | €2,049 | -€25,146 | -92.5% |
| Taxes, remuneration and social security | 45 | €14,971 | €12,728 | -€2,243 | -15.0% |
| Taxes | 450/3 | €14,971 | €12,728 | -€2,243 | -15.0% |
| Other amounts payable | 47/48 | €11,363 | €22,182 | +€10,818 | +95.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,537 | €3,179 | -€2,358 | -42.6% |
| Other operating charges | 640/8 | €1,135 | €1,040 | -€96 | -8.4% |
| Non-recurring operating charges | 66A | - | €1,101 | +€1,101 | |
| Gross operating margin | 9900 | €39,270 | €43,026 | +€3,756 | +9.6% |
| Operating profit (loss) | 9901 | €32,597 | €37,707 | +€5,110 | +15.7% |
| Financial income | 75/76B | €1 | €0 | -€1 | -98.8% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -98.8% |
| Financial charges | 65/66B | €12 | €3,053 | +€3,041 | +26,016% |
| Recurring financial charges | 65 | €12 | €3,053 | +€3,041 | +26,016% |
| Profit (loss) for the period before taxes | 9903 | €32,586 | €34,654 | +€2,068 | +6.3% |
| Income taxes | 67/77 | €9,436 | €11,684 | +€2,249 | +23.8% |
| Profit (loss) for the period | 9904 | €23,151 | €22,970 | -€181 | -0.8% |
| Profit (loss) for the period to be appropriated | 9905 | €23,151 | €22,970 | -€181 | -0.8% |
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 23 October 2026 via checked.be.