BEVANTI: 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.
BEVANTI
Largest movements
- Tangible fixed assets +€1.0m
up €1.0m (+33.2%), from €3.1m to €4.2m
of which Assets under construction and advance payments: +€1.4m
- Cash -€150,802
down €150,802 (-57.4%), from €262,583 to €111,781
mainly Investment in fixed assets (net) (-€1.2m) and Current investments (-€125,000)
- Current investments +€125,000
up €125,000 (+27.8%), from €450,000 to €575,000
- Receivables within one year +€112,749
up €112,749 (+6,212%), from €1,815 to €114,564
of which Other amounts receivable: +€104,083
- Debts after one year +€819,643
up €819,643 (+70.8%), from €1.2m to €2.0m
of which Financial debts: +€649,143
- Reserves +€278,128
up €278,128 (+13.7%), from €2.0m to €2.3m
of which Distributable reserves: +€197,000
- Other debts -€62,441
down €62,441 (-37.3%), from €167,525 to €105,084
- Gross operating margin +€176,961
up €176,961 (+45.9%), from €385,472 to €562,433
- Other operating charges +€28,554
up €28,554 (+68.9%), from €41,449 to €70,003
- Depreciation -€13,119
down €13,119 (-9.5%), from €137,977 to €124,859
- Taxes -€11,757
down €11,757 (-20.0%), from €58,777 to €47,019
- Financial charges +€11,576
up €11,576 (+42.5%), from €27,249 to €38,825
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 | €3,859,215 | €4,973,663 | +€1.1m | +28.9% |
| Fixed assets | 21/28 | €3,127,386 | €4,167,137 | +€1.0m | +33.2% |
| Tangible fixed assets | 22/27 | €3,127,386 | €4,166,137 | +€1.0m | +33.2% |
| Land and buildings | 22 | €3,127,386 | €2,759,872 | -€367,515 | -11.8% |
| Assets under construction and advance payments | 27 | - | €1,406,265 | +€1.4m | |
| Financial fixed assets | 28 | - | €1,000 | +€1,000 | |
| Current assets | 29/58 | €731,829 | €806,526 | +€74,697 | +10.2% |
| Amounts receivable within one year | 40/41 | €1,815 | €114,564 | +€112,749 | +6,212% |
| Trade receivables | 40 | €1,815 | €10,481 | +€8,666 | +477% |
| Other amounts receivable | 41 | - | €104,083 | +€104,083 | |
| Current investments | 50/53 | €450,000 | €575,000 | +€125,000 | +27.8% |
| Cash at bank and in hand | 54/58 | €262,583 | €111,781 | -€150,802 | -57.4% |
| Deferred charges and accrued income | 490/1 | €17,431 | €5,181 | -€12,250 | -70.3% |
| Total equity and liabilities | 10/49 | €3,859,215 | €4,973,663 | +€1.1m | +28.9% |
| Equity | 10/15 | €2,345,010 | €2,623,593 | +€278,582 | +11.9% |
| Contributions | 10/11 | €309,545 | €309,545 | = | 0.0% |
| Reserves | 13 | €2,035,213 | €2,313,342 | +€278,128 | +13.7% |
| Tax-exempt reserves | 132 | €208,213 | €289,342 | +€81,128 | +39.0% |
| Distributable reserves | 133 | €1,827,000 | €2,024,000 | +€197,000 | +10.8% |
| Profit (loss) carried forward | 14 | €252 | €706 | +€454 | +180% |
| Provisions and deferred taxes | 16 | €76,164 | €90,197 | +€14,033 | +18.4% |
| Deferred taxes | 168 | €76,164 | €90,197 | +€14,033 | +18.4% |
| Amounts payable | 17/49 | €1,438,041 | €2,259,873 | +€821,833 | +57.1% |
| Amounts payable after more than one year | 17 | €1,158,142 | €1,977,785 | +€819,643 | +70.8% |
| Financial debts | 170/4 | €928,642 | €1,577,785 | +€649,143 | +69.9% |
| Other amounts payable | 178/9 | €229,500 | €400,000 | +€170,500 | +74.3% |
| Amounts payable within one year | 42/48 | €255,627 | €246,913 | -€8,714 | -3.4% |
| Current portion of amounts payable after more than one year | 42 | €74,886 | €113,699 | +€38,813 | +51.8% |
| Trade debts | 44 | €2,825 | €28,122 | +€25,297 | +895% |
| Suppliers | 440/4 | €2,825 | €28,122 | +€25,297 | +895% |
| Taxes, remuneration and social security | 45 | €10,391 | €8 | -€10,383 | -99.9% |
| Taxes | 450/3 | €10,391 | €8 | -€10,383 | -99.9% |
| Other amounts payable | 47/48 | €167,525 | €105,084 | -€62,441 | -37.3% |
| Accrued charges and deferred income | 492/3 | €24,271 | €35,176 | +€10,904 | +44.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €137,977 | €124,859 | -€13,119 | -9.5% |
| Other operating charges | 640/8 | €41,449 | €70,003 | +€28,554 | +68.9% |
| Gross operating margin | 9900 | €385,472 | €562,433 | +€176,961 | +45.9% |
| Operating profit (loss) | 9901 | €206,046 | €367,572 | +€161,526 | +78.4% |
| Financial income | 75/76B | €12,598 | €10,888 | -€1,711 | -13.6% |
| Recurring financial income | 75 | €12,598 | €10,888 | -€1,711 | -13.6% |
| Financial charges | 65/66B | €27,249 | €38,825 | +€11,576 | +42.5% |
| Recurring financial charges | 65 | €27,249 | €38,825 | +€11,576 | +42.5% |
| Profit (loss) for the period before taxes | 9903 | €191,395 | €339,634 | +€148,239 | +77.5% |
| Transfer from deferred taxes | 780 | €6,788 | €28,046 | +€21,257 | +313% |
| Transfer to deferred taxes | 680 | - | €42,079 | +€42,079 | |
| Income taxes | 67/77 | €58,777 | €47,019 | -€11,757 | -20.0% |
| Profit (loss) for the period | 9904 | €139,407 | €278,582 | +€139,176 | +99.8% |
| Transfer from tax-exempt reserves | 789 | €16,457 | €84,137 | +€67,680 | +411% |
| Transfer to tax-exempt reserves | 689 | - | €165,266 | +€165,266 | |
| Profit (loss) for the period to be appropriated | 9905 | €155,864 | €197,454 | +€41,590 | +26.7% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.