BEVATRANS: 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.
BEVATRANS
Largest movements
- Tangible fixed assets +€311,347
up €311,347 (+65.3%), from €477,044 to €788,392
of which Leasing and similar rights: +€173,514
- Receivables within one year +€237,480
up €237,480 (+65.7%), from €361,644 to €599,124
of which Trade receivables: +€194,302
- Cash -€37,544
down €37,544 (-37.7%), from €99,507 to €61,963
mainly Investment in fixed assets (net) (-€605,393) and Receivables within one year (-€237,480)
- Debts after one year +€283,720
up €283,720 (+102%), from €277,435 to €561,155
of which Financial debts: +€143,720
- Trade debts +€168,310
up €168,310 (+116%), from €145,525 to €313,836
- Reserves +€39,117
up €39,117 (+45.2%), from €86,459 to €125,576
of which Distributable reserves: +€44,117
- Current portion of long-term debt +€35,529
up €35,529 (+28.0%), from €126,881 to €162,410
- Gross operating margin +€267,534
up €267,534 (+29.4%), from €910,177 to €1.2m
- Depreciation +€149,396
up €149,396 (+103%), from €144,649 to €294,045
- Staff costs +€91,131
up €91,131 (+16.8%), from €542,661 to €633,792
- Other operating charges +€17,060
up €17,060 (+12.1%), from €141,520 to €158,580
- Financial charges +€13,453
up €13,453 (+118%), from €11,447 to €24,899
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 | €999,175 | €1,514,318 | +€515,142 | +51.6% |
| Fixed assets | 21/28 | €477,666 | €789,014 | +€311,347 | +65.2% |
| Tangible fixed assets | 22/27 | €477,044 | €788,392 | +€311,347 | +65.3% |
| Land and buildings | 22 | €44,421 | €39,877 | -€4,544 | -10.2% |
| Plant, machinery and equipment | 23 | €8,507 | €6,668 | -€1,839 | -21.6% |
| Furniture and vehicles | 24 | €102,623 | €246,839 | +€144,216 | +141% |
| Leasing and similar rights | 25 | €321,493 | €495,007 | +€173,514 | +54.0% |
| Financial fixed assets | 28 | €622 | €622 | = | 0.0% |
| Current assets | 29/58 | €521,509 | €725,304 | +€203,795 | +39.1% |
| Amounts receivable within one year | 40/41 | €361,644 | €599,124 | +€237,480 | +65.7% |
| Trade receivables | 40 | €335,909 | €530,211 | +€194,302 | +57.8% |
| Other amounts receivable | 41 | €25,735 | €68,913 | +€43,178 | +168% |
| Cash at bank and in hand | 54/58 | €99,507 | €61,963 | -€37,544 | -37.7% |
| Deferred charges and accrued income | 490/1 | €60,357 | €64,217 | +€3,859 | +6.4% |
| Total equity and liabilities | 10/49 | €999,175 | €1,514,318 | +€515,142 | +51.6% |
| Equity | 10/15 | €359,515 | €398,632 | +€39,117 | +10.9% |
| Contributions | 10/11 | €84,300 | €84,300 | = | 0.0% |
| Reserves | 13 | €86,459 | €125,576 | +€39,117 | +45.2% |
| Tax-exempt reserves | 132 | €71,693 | €66,693 | -€5,000 | -7.0% |
| Distributable reserves | 133 | €14,766 | €58,883 | +€44,117 | +299% |
| Profit (loss) carried forward | 14 | €188,757 | €188,757 | = | 0.0% |
| Amounts payable | 17/49 | €639,660 | €1,115,685 | +€476,025 | +74.4% |
| Amounts payable after more than one year | 17 | €277,435 | €561,155 | +€283,720 | +102% |
| Financial debts | 170/4 | €277,435 | €421,155 | +€143,720 | +51.8% |
| Trade debts | 175 | - | €140,000 | +€140,000 | |
| Amounts payable within one year | 42/48 | €341,775 | €548,690 | +€206,915 | +60.5% |
| Current portion of amounts payable after more than one year | 42 | €126,881 | €162,410 | +€35,529 | +28.0% |
| Trade debts | 44 | €145,525 | €313,836 | +€168,310 | +116% |
| Suppliers | 440/4 | €145,525 | €313,836 | +€168,310 | +116% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €64,869 | €72,445 | +€7,576 | +11.7% |
| Taxes | 450/3 | €5,941 | €12,532 | +€6,590 | +111% |
| Remuneration and social security | 454/9 | €58,927 | €59,913 | +€986 | +1.7% |
| Other amounts payable | 47/48 | €4,500 | €0 | -€4,500 | -100% |
| Accrued charges and deferred income | 492/3 | €20,450 | €5,840 | -€14,609 | -71.4% |
| Remuneration, social security and pensions | 62 | €542,661 | €633,792 | +€91,131 | +16.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €144,649 | €294,045 | +€149,396 | +103% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €2,280 | €0 | -€2,280 | -100% |
| Other operating charges | 640/8 | €141,520 | €158,580 | +€17,060 | +12.1% |
| Non-recurring operating charges | 66A | €2,804 | €0 | -€2,804 | -100% |
| Gross operating margin | 9900 | €910,177 | €1,177,711 | +€267,534 | +29.4% |
| Operating profit (loss) | 9901 | €76,263 | €91,294 | +€15,031 | +19.7% |
| Financial income | 75/76B | €17 | €0 | -€17 | -100% |
| Recurring financial income | 75 | €17 | €0 | -€17 | -100% |
| Financial charges | 65/66B | €11,447 | €24,899 | +€13,453 | +118% |
| Recurring financial charges | 65 | €11,447 | €24,899 | +€13,453 | +118% |
| Profit (loss) for the period before taxes | 9903 | €64,834 | €66,395 | +€1,561 | +2.4% |
| Income taxes | 67/77 | €17,027 | €27,278 | +€10,251 | +60.2% |
| Profit (loss) for the period | 9904 | €47,807 | €39,117 | -€8,690 | -18.2% |
| Transfer from tax-exempt reserves | 789 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €52,807 | €44,117 | -€8,690 | -16.5% |
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 13 October 2026 via checked.be.