Bevalith: 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.
Bevalith
Largest movements
- Receivables within one year +€62,922
up €62,922 (+7.1%), from €881,501 to €944,423
of which Other amounts receivable: +€54,472
- Tangible fixed assets -€30,023
down €30,023 (-4.5%), from €669,568 to €639,545
of which Land and buildings: -€29,897
- Cash -€28,035
down €28,035 (-8.5%), from €330,867 to €302,831
mainly Contributions, distributions and other (-€80,000) and Receivables within one year (-€62,922)
- Other debts +€29,139
up €29,139 (+25.1%), from €116,200 to €145,339
- Write-downs -€16,850
down €16,850 (-100%), from €16,850 to €0
- Financial charges -€3,599
down €3,599 (-85.6%), from €4,203 to €604
- Depreciation -€1,585
down €1,585 (-5.0%), from €31,608 to €30,023
- Financial income -€1,155
down €1,155 (-5.2%), from €22,229 to €21,074
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 | €2,477,010 | €2,498,597 | +€21,586 | +0.9% |
| Fixed assets | 21/28 | €1,136,711 | €1,105,958 | -€30,753 | -2.7% |
| Tangible fixed assets | 22/27 | €669,568 | €639,545 | -€30,023 | -4.5% |
| Land and buildings | 22 | €669,406 | €639,509 | -€29,897 | -4.5% |
| Plant, machinery and equipment | 23 | €162 | €36 | -€126 | -77.7% |
| Financial fixed assets | 28 | €467,143 | €466,413 | -€729 | -0.2% |
| Current assets | 29/58 | €1,340,300 | €1,392,638 | +€52,339 | +3.9% |
| Amounts receivable within one year | 40/41 | €881,501 | €944,423 | +€62,922 | +7.1% |
| Trade receivables | 40 | €41,737 | €50,188 | +€8,450 | +20.2% |
| Other amounts receivable | 41 | €839,764 | €894,236 | +€54,472 | +6.5% |
| Current investments | 50/53 | €50,832 | €71,671 | +€20,839 | +41.0% |
| Cash at bank and in hand | 54/58 | €330,867 | €302,831 | -€28,035 | -8.5% |
| Deferred charges and accrued income | 490/1 | €77,100 | €73,713 | -€3,387 | -4.4% |
| Total equity and liabilities | 10/49 | €2,477,010 | €2,498,597 | +€21,586 | +0.9% |
| Equity | 10/15 | €2,310,114 | €2,311,298 | +€1,184 | +0.1% |
| Contributions | 10/11 | €37,200 | €37,200 | = | 0.0% |
| Reserves | 13 | €2,272,914 | €2,274,098 | +€1,184 | +0.1% |
| Non-distributable reserves | 130/1 | €3,054 | €3,054 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,054 | €3,054 | = | 0.0% |
| Tax-exempt reserves | 132 | €21,477 | €21,477 | = | 0.0% |
| Distributable reserves | 133 | €2,248,383 | €2,249,567 | +€1,184 | +0.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €166,897 | €187,299 | +€20,402 | +12.2% |
| Amounts payable within one year | 42/48 | €166,573 | €187,299 | +€20,726 | +12.4% |
| Trade debts | 44 | €48,435 | €39,903 | -€8,532 | -17.6% |
| Suppliers | 440/4 | €48,435 | €39,903 | -€8,532 | -17.6% |
| Taxes, remuneration and social security | 45 | €1,938 | €2,057 | +€119 | +6.1% |
| Taxes | 450/3 | €1,938 | €2,057 | +€119 | +6.1% |
| Other amounts payable | 47/48 | €116,200 | €145,339 | +€29,139 | +25.1% |
| Accrued charges and deferred income | 492/3 | €323 | €0 | -€323 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,608 | €30,023 | -€1,585 | -5.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €16,850 | €0 | -€16,850 | -100% |
| Other operating charges | 640/8 | €19,372 | €20,004 | +€632 | +3.3% |
| Gross operating margin | 9900 | €110,851 | €111,928 | +€1,076 | +1.0% |
| Operating profit (loss) | 9901 | €43,022 | €61,900 | +€18,878 | +43.9% |
| Financial income | 75/76B | €22,229 | €21,074 | -€1,155 | -5.2% |
| Recurring financial income | 75 | €22,229 | €21,074 | -€1,155 | -5.2% |
| Financial charges | 65/66B | €4,203 | €604 | -€3,599 | -85.6% |
| Recurring financial charges | 65 | €4,203 | €604 | -€3,599 | -85.6% |
| Profit (loss) for the period before taxes | 9903 | €61,048 | €82,371 | +€21,323 | +34.9% |
| Income taxes | 67/77 | €776 | €1,187 | +€411 | +53.0% |
| Profit (loss) for the period | 9904 | €60,272 | €81,184 | +€20,912 | +34.7% |
| Profit (loss) for the period to be appropriated | 9905 | €60,272 | €81,184 | +€20,912 | +34.7% |
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 18 October 2026 via checked.be.