BEVAK: 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.
BEVAK
Largest movements
- Stocks and contracts -€46,981
down €46,981 (-100%), from €46,981 to €0
of which Stocks: -€30,692
- Tangible fixed assets -€41,212
down €41,212 (-42.4%), from €97,222 to €56,010
of which Furniture and vehicles: -€37,685
- Receivables within one year -€39,673
down €39,673 (-24.1%), from €164,441 to €124,769
of which Trade receivables: -€98,658
- Cash +€30,503
up €30,503 (+20.3%), from €150,511 to €181,015
mainly Stocks and contracts (+€46,981) and Depreciation (+€44,792)
- Deferred charges and accrued income -€11,743
down €11,743 (-78.3%), from €15,000 to €3,256
- Trade debts -€94,526
down €94,526 (-93.9%), from €100,717 to €6,191
- Debts after one year -€25,265
down €25,265 (-47.4%), from €53,272 to €28,006
- Reserves +€23,400
up €23,400 (+8.8%), from €264,441 to €287,841
of which Distributable reserves: +€23,400
- Other debts -€7,693
down €7,693 (-72.5%), from €10,608 to €2,915
- Gross operating margin -€164,059
down €164,059 (-55.5%), from €295,689 to €131,631
- Staff costs -€89,082
down €89,082 (-74.9%), from €118,942 to €29,860
- Taxes -€23,601
down €23,601 (-57.9%), from €40,741 to €17,141
- Other operating charges +€6,832
up €6,832 (+828%), from €825 to €7,657
- Depreciation -€4,674
down €4,674 (-9.4%), from €49,466 to €44,792
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 | €475,655 | €366,549 | -€109,106 | -22.9% |
| Fixed assets | 21/28 | €98,722 | €57,510 | -€41,212 | -41.7% |
| Tangible fixed assets | 22/27 | €97,222 | €56,010 | -€41,212 | -42.4% |
| Plant, machinery and equipment | 23 | €980 | €768 | -€212 | -21.6% |
| Furniture and vehicles | 24 | €80,996 | €43,312 | -€37,685 | -46.5% |
| Leasing and similar rights | 25 | €15,246 | €8,972 | -€6,274 | -41.1% |
| Other tangible fixed assets | 26 | - | €2,958 | +€2,958 | |
| Financial fixed assets | 28 | €1,500 | €1,500 | = | 0.0% |
| Current assets | 29/58 | €376,934 | €309,039 | -€67,894 | -18.0% |
| Stocks and contracts in progress | 3 | €46,981 | €0 | -€46,981 | -100% |
| Stocks | 30/36 | €30,692 | €0 | -€30,692 | -100% |
| Contracts in progress | 37 | €16,289 | €0 | -€16,289 | -100% |
| Amounts receivable within one year | 40/41 | €164,441 | €124,769 | -€39,673 | -24.1% |
| Trade receivables | 40 | €154,741 | €56,084 | -€98,658 | -63.8% |
| Other amounts receivable | 41 | €9,700 | €68,685 | +€58,985 | +608% |
| Cash at bank and in hand | 54/58 | €150,511 | €181,015 | +€30,503 | +20.3% |
| Deferred charges and accrued income | 490/1 | €15,000 | €3,256 | -€11,743 | -78.3% |
| Total equity and liabilities | 10/49 | €475,655 | €366,549 | -€109,106 | -22.9% |
| Equity | 10/15 | €270,691 | €294,091 | +€23,400 | +8.6% |
| Contributions | 10/11 | €6,250 | €6,250 | = | 0.0% |
| Reserves | 13 | €264,441 | €287,841 | +€23,400 | +8.8% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €262,581 | €285,981 | +€23,400 | +8.9% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €204,964 | €72,458 | -€132,506 | -64.6% |
| Amounts payable after more than one year | 17 | €53,272 | €28,006 | -€25,265 | -47.4% |
| Financial debts | 170/4 | €53,272 | €28,006 | -€25,265 | -47.4% |
| Amounts payable within one year | 42/48 | €150,199 | €43,973 | -€106,226 | -70.7% |
| Current portion of amounts payable after more than one year | 42 | €24,616 | €25,265 | +€649 | +2.6% |
| Trade debts | 44 | €100,717 | €6,191 | -€94,526 | -93.9% |
| Suppliers | 440/4 | €100,717 | €6,191 | -€94,526 | -93.9% |
| Taxes, remuneration and social security | 45 | €14,258 | €9,602 | -€4,657 | -32.7% |
| Taxes | 450/3 | €9,741 | €9,602 | -€140 | -1.4% |
| Remuneration and social security | 454/9 | €4,517 | €0 | -€4,517 | -100% |
| Other amounts payable | 47/48 | €10,608 | €2,915 | -€7,693 | -72.5% |
| Accrued charges and deferred income | 492/3 | €1,493 | €479 | -€1,015 | -67.9% |
| Non-recurring operating income | 76A | - | €5,000 | +€5,000 | |
| Remuneration, social security and pensions | 62 | €118,942 | €29,860 | -€89,082 | -74.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €49,466 | €44,792 | -€4,674 | -9.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | -€2,169 | -€2,169 | |
| Other operating charges | 640/8 | €825 | €7,657 | +€6,832 | +828% |
| Gross operating margin | 9900 | €295,689 | €131,631 | -€164,059 | -55.5% |
| Operating profit (loss) | 9901 | €126,457 | €51,492 | -€74,965 | -59.3% |
| Financial income | 75/76B | €23 | €0 | -€23 | -99.3% |
| Recurring financial income | 75 | €23 | €0 | -€23 | -99.3% |
| Financial charges | 65/66B | €4,220 | €2,408 | -€1,812 | -42.9% |
| Recurring financial charges | 65 | €4,055 | €2,408 | -€1,647 | -40.6% |
| Non-recurring financial charges | 66B | €165 | €0 | -€165 | -100% |
| Profit (loss) for the period before taxes | 9903 | €122,260 | €49,084 | -€73,176 | -59.9% |
| Income taxes | 67/77 | €40,741 | €17,141 | -€23,601 | -57.9% |
| Profit (loss) for the period | 9904 | €81,519 | €31,943 | -€49,575 | -60.8% |
| Profit (loss) for the period to be appropriated | 9905 | €81,519 | €31,943 | -€49,575 | -60.8% |
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 25 October 2026 via checked.be.