BEVECE: 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.
BEVECE
Largest movements
- Tangible fixed assets -€27,283
down €27,283 (-14.0%), from €195,253 to €167,969
of which Land and buildings: -€18,786
- Receivables after one year +€15,000
new in 2025: €15,000
- Cash -€7,575
down €7,575 (-34.4%), from €22,043 to €14,469
mainly Debts after one year (-€19,582) and Receivables after one year (-€15,000)
- Debts after one year -€19,582
down €19,582 (-27.2%), from €72,039 to €52,457
- Reserves +€17,125
up €17,125 (+21.4%), from €80,156 to €97,282
- Other debts -€12,092
down €12,092 (-75.2%), from €16,091 to €3,998
- Current portion of long-term debt -€8,134
down €8,134 (-29.3%), from €27,716 to €19,582
- Gross operating margin -€8,354
down €8,354 (-11.8%), from €70,587 to €62,233
- Taxes -€2,025
down €2,025 (-22.3%), from €9,089 to €7,064
- Financial charges +€779
up €779 (+27.9%), from €2,793 to €3,572
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 | €222,841 | €202,855 | -€19,986 | -9.0% |
| Fixed assets | 21/28 | €195,253 | €167,969 | -€27,283 | -14.0% |
| Tangible fixed assets | 22/27 | €195,253 | €167,969 | -€27,283 | -14.0% |
| Land and buildings | 22 | €170,174 | €151,389 | -€18,786 | -11.0% |
| Plant, machinery and equipment | 23 | €454 | €116 | -€338 | -74.5% |
| Furniture and vehicles | 24 | €24,624 | €16,465 | -€8,159 | -33.1% |
| Current assets | 29/58 | €27,588 | €34,886 | +€7,298 | +26.5% |
| Amounts receivable after more than one year | 29 | - | €15,000 | +€15,000 | |
| Other amounts receivable | 291 | - | €15,000 | +€15,000 | |
| Amounts receivable within one year | 40/41 | €5,545 | €5,417 | -€128 | -2.3% |
| Trade receivables | 40 | €4,259 | €4,592 | +€333 | +7.8% |
| Other amounts receivable | 41 | €1,286 | €825 | -€461 | -35.8% |
| Cash at bank and in hand | 54/58 | €22,043 | €14,469 | -€7,575 | -34.4% |
| Total equity and liabilities | 10/49 | €222,841 | €202,855 | -€19,986 | -9.0% |
| Equity | 10/15 | €98,756 | €115,882 | +€17,125 | +17.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €80,156 | €97,282 | +€17,125 | +21.4% |
| Distributable reserves | 133 | €80,156 | €97,282 | +€17,125 | +21.4% |
| Amounts payable | 17/49 | €124,085 | €86,974 | -€37,111 | -29.9% |
| Amounts payable after more than one year | 17 | €72,039 | €52,457 | -€19,582 | -27.2% |
| Financial debts | 170/4 | €72,039 | €52,457 | -€19,582 | -27.2% |
| Amounts payable within one year | 42/48 | €52,046 | €34,517 | -€17,529 | -33.7% |
| Current portion of amounts payable after more than one year | 42 | €27,716 | €19,582 | -€8,134 | -29.3% |
| Trade debts | 44 | €1,519 | €3,427 | +€1,907 | +126% |
| Suppliers | 440/4 | €1,519 | €3,427 | +€1,907 | +126% |
| Taxes, remuneration and social security | 45 | €6,720 | €7,510 | +€790 | +11.8% |
| Taxes | 450/3 | €6,720 | €7,510 | +€790 | +11.8% |
| Other amounts payable | 47/48 | €16,091 | €3,998 | -€12,092 | -75.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,891 | €32,097 | +€206 | +0.6% |
| Other operating charges | 640/8 | €3,214 | €2,757 | -€457 | -14.2% |
| Gross operating margin | 9900 | €70,587 | €62,233 | -€8,354 | -11.8% |
| Operating profit (loss) | 9901 | €35,482 | €27,379 | -€8,103 | -22.8% |
| Financial income | 75/76B | €57 | €382 | +€325 | +565% |
| Recurring financial income | 75 | €57 | €382 | +€325 | +565% |
| Financial charges | 65/66B | €2,793 | €3,572 | +€779 | +27.9% |
| Recurring financial charges | 65 | €2,793 | €3,572 | +€779 | +27.9% |
| Profit (loss) for the period before taxes | 9903 | €32,747 | €24,189 | -€8,558 | -26.1% |
| Income taxes | 67/77 | €9,089 | €7,064 | -€2,025 | -22.3% |
| Profit (loss) for the period | 9904 | €23,658 | €17,125 | -€6,533 | -27.6% |
| Profit (loss) for the period to be appropriated | 9905 | €23,658 | €17,125 | -€6,533 | -27.6% |
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 14 October 2026 via checked.be.