BESYB: 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.
What changed
BESYB
NACE 68.203, Renting and operating of own or leased non-residential real estate, excluding land
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€98,675
2024 · -€114,933+€16,258
Equity
€317,272
2024 · €415,947-€98,675
Cash
€7,529
2024 · €23,035-€15,506
Balance sheet total
€1.8m
2024 · €1.8m+€2,890
Largest movements
Assets
No asset line moved by more than 1% of the balance sheet total.
Equity and liabilities
- Profit (loss) carried forward -€93,299
down €93,299 (-19.1%), from -€487,692 to -€580,991
- Short-term financial debts +€52,009
up €52,009 (+4.2%), from €1.3m to €1.3m
- Debts after one year +€34,400
up €34,400 (+78.3%), from €43,913 to €78,313
- Tax, wage and social debts +€30,930
new in 2025: €30,930
Income statement
- Gross operating margin +€34,544
up €34,544 (+174.2%), from €19,831 to €54,375
- Depreciation +€8,019
up €8,019 (+15.5%), from €51,740 to €59,759
- Financial charges +€5,502
up €5,502 (+7.5%), from €73,563 to €79,065
- Other operating charges +€4,761
up €4,761 (+42.3%), from €11,257 to €16,018
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.
Result 2024
-€114,933
Gross operating margin
+€34,544
Depreciation
-€8,019
Other operating charges
-€4,761
Financial income
-€4
Financial charges
-€5,502
Result 2025
-€98,675
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.
From operations
-€40,753
Investment
-€61,162
Financing
+€86,409
Cash 2024
€23,035
From operations (derived)
-€40,753
Net result for the year
-€98,675
Depreciation
+€59,759
Deferred charges and accrued income
-€16,993
Provisions
-€1,792
Tax, wage and social debts
+€30,930
Other debts
+€173
Accrued charges and deferred income
-€14,155
Investment (derived)
-€61,162
Investment in fixed assets (net)
-€61,162
Financing
+€86,409
Debts after one year
+€34,400
Short-term financial debts
+€52,009
Cash 2025
€7,529
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,787,990 | €1,790,880 | +€2,890 | +0.2% |
| Fixed assets | 21/28 | €1,764,477 | €1,765,880 | +€1,403 | +0.1% |
| Tangible fixed assets | 22/27 | €1,764,227 | €1,765,630 | +€1,403 | +0.1% |
| Land and buildings | 22 | €1,754,897 | €1,756,342 | +€1,445 | +0.1% |
| Plant, machinery and equipment | 23 | €2,284 | €3,905 | +€1,621 | +71.0% |
| Furniture and vehicles | 24 | €7,046 | €5,383 | -€1,663 | -23.6% |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €23,513 | €25,000 | +€1,487 | +6.3% |
| Amounts receivable within one year | 40/41 | €179 | €179 | = | 0.0% |
| Trade receivables | 40 | €179 | €179 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €23,035 | €7,529 | -€15,506 | -67.3% |
| Deferred charges and accrued income | 490/1 | €299 | €17,292 | +€16,993 | +5683.3% |
| Total equity and liabilities | 10/49 | €1,787,990 | €1,790,880 | +€2,890 | +0.2% |
| Equity | 10/15 | €415,947 | €317,272 | -€98,675 | -23.7% |
| Contributions | 10/11 | €695,954 | €695,954 | = | 0.0% |
| Capital | 10 | €695,954 | €695,954 | = | 0.0% |
| Issued capital | 100 | €695,954 | €695,954 | = | 0.0% |
| Revaluation surpluses | 12 | €40,527 | €40,527 | = | 0.0% |
| Reserves | 13 | €167,158 | €161,782 | -€5,376 | -3.2% |
| Non-distributable reserves | 130/1 | €1,593 | €1,593 | = | 0.0% |
| Legal reserve | 130 | €1,593 | €1,593 | = | 0.0% |
| Tax-exempt reserves | 132 | €165,565 | €160,189 | -€5,376 | -3.2% |
| Profit (loss) carried forward | 14 | -€487,692 | -€580,991 | -€93,299 | -19.1% |
| Provisions and deferred taxes | 16 | €55,188 | €53,396 | -€1,792 | -3.2% |
| Deferred taxes | 168 | €55,188 | €53,396 | -€1,792 | -3.2% |
| Amounts payable | 17/49 | €1,316,855 | €1,420,212 | +€103,357 | +7.8% |
| Amounts payable after more than one year | 17 | €43,913 | €78,313 | +€34,400 | +78.3% |
| Financial debts | 170/4 | €43,913 | €78,313 | +€34,400 | +78.3% |
| Amounts payable within one year | 42/48 | €1,251,631 | €1,334,743 | +€83,112 | +6.6% |
| Financial debts | 43 | €1,250,000 | €1,302,009 | +€52,009 | +4.2% |
| Credit institutions | 430/8 | €1,250,000 | €1,302,009 | +€52,009 | +4.2% |
| Taxes, remuneration and social security | 45 | - | €30,930 | +€30,930 | |
| Taxes | 450/3 | - | €30,930 | +€30,930 | |
| Other amounts payable | 47/48 | €1,631 | €1,804 | +€173 | +10.6% |
| Accrued charges and deferred income | 492/3 | €21,311 | €7,156 | -€14,155 | -66.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €51,740 | €59,759 | +€8,019 | +15.5% |
| Other operating charges | 640/8 | €11,257 | €16,018 | +€4,761 | +42.3% |
| Gross operating margin | 9900 | €19,831 | €54,375 | +€34,544 | +174.2% |
| Operating profit (loss) | 9901 | -€43,166 | -€21,402 | +€21,764 | +50.4% |
| Financial income | 75/76B | €4 | - | -€4 | |
| Recurring financial income | 75 | €4 | - | -€4 | |
| Financial charges | 65/66B | €73,563 | €79,065 | +€5,502 | +7.5% |
| Recurring financial charges | 65 | €73,563 | €79,065 | +€5,502 | +7.5% |
| Profit (loss) for the period before taxes | 9903 | -€116,725 | -€100,467 | +€16,258 | +13.9% |
| Transfer from deferred taxes | 780 | €1,792 | €1,792 | = | 0.0% |
| Profit (loss) for the period | 9904 | -€114,933 | -€98,675 | +€16,258 | +14.1% |
| Transfer from tax-exempt reserves | 789 | €5,376 | €5,376 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€109,557 | -€93,299 | +€16,258 | +14.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.