BEVERS: what changed
Two fiscal 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.
BEVERS
Largest movements
- Receivables within one year +€154,956
up €154,956 (+34.4%), from €449,827 to €604,783
of which Trade receivables: +€134,538
- Stocks and contracts -€37,228
down €37,228 (-50.1%), from €74,251 to €37,023
- Tangible fixed assets -€19,754
down €19,754 (-12.6%), from €156,808 to €137,054
of which Leasing and similar rights: -€14,858
- Deferred charges and accrued income +€17,179
up €17,179 (+356.6%), from €4,818 to €21,997
- Cash -€14,503
down €14,503 (-27.9%), from €51,984 to €37,482
mainly Receivables within one year (-€154,956) and Trade debts (-€49,901)
- Reserves +€133,961
up €133,961 (+183.5%), from €73,021 to €206,982
of which Distributable reserves: +€136,761
- Trade debts -€49,901
down €49,901 (-16.0%), from €312,527 to €262,625
- Other debts +€24,234
up €24,234, from €0 to €24,234
- Debts after one year -€20,595
down €20,595 (-18.3%), from €112,282 to €91,687
- Gross operating margin +€325,282
up €325,282 (+50.2%), from €647,446 to €972,728
- Taxes +€31,715
up €31,715 (+1645.9%), from €1,927 to €33,642
- Staff costs -€13,630
down €13,630 (-1.9%), from €729,895 to €716,265
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.
Cash bridge derived
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 | €740,688 | €841,338 | +€100,650 | +13.6% |
| Fixed assets | 21/28 | €159,808 | €140,054 | -€19,754 | -12.4% |
| Tangible fixed assets | 22/27 | €156,808 | €137,054 | -€19,754 | -12.6% |
| Plant, machinery and equipment | 23 | €594 | €425 | -€169 | -28.4% |
| Furniture and vehicles | 24 | €9,355 | €6,917 | -€2,439 | -26.1% |
| Leasing and similar rights | 25 | €144,571 | €129,713 | -€14,858 | -10.3% |
| Other tangible fixed assets | 26 | €2,288 | €0 | -€2,288 | -100.0% |
| Financial fixed assets | 28 | €3,000 | €3,000 | = | 0.0% |
| Current assets | 29/58 | €580,880 | €701,284 | +€120,404 | +20.7% |
| Stocks and contracts in progress | 3 | €74,251 | €37,023 | -€37,228 | -50.1% |
| Stocks | 30/36 | €74,251 | €37,023 | -€37,228 | -50.1% |
| Amounts receivable within one year | 40/41 | €449,827 | €604,783 | +€154,956 | +34.4% |
| Trade receivables | 40 | €416,761 | €551,300 | +€134,538 | +32.3% |
| Other amounts receivable | 41 | €33,065 | €53,483 | +€20,418 | +61.8% |
| Cash at bank and in hand | 54/58 | €51,984 | €37,482 | -€14,503 | -27.9% |
| Deferred charges and accrued income | 490/1 | €4,818 | €21,997 | +€17,179 | +356.6% |
| Total equity and liabilities | 10/49 | €740,688 | €841,338 | +€100,650 | +13.6% |
| Equity | 10/15 | €93,585 | €227,545 | +€133,961 | +143.1% |
| Contributions | 10/11 | €20,563 | €20,563 | = | 0.0% |
| Reserves | 13 | €73,021 | €206,982 | +€133,961 | +183.5% |
| Non-distributable reserves | 130/1 | €2,800 | €0 | -€2,800 | -100.0% |
| Reserves not available under the articles | 1311 | €2,800 | €0 | -€2,800 | -100.0% |
| Tax-exempt reserves | 132 | €21,531 | €21,531 | = | 0.0% |
| Distributable reserves | 133 | €48,690 | €185,451 | +€136,761 | +280.9% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €647,104 | €613,793 | -€33,311 | -5.1% |
| Amounts payable after more than one year | 17 | €112,282 | €91,687 | -€20,595 | -18.3% |
| Financial debts | 170/4 | €112,282 | €91,687 | -€20,595 | -18.3% |
| Amounts payable within one year | 42/48 | €534,822 | €522,106 | -€12,716 | -2.4% |
| Current portion of amounts payable after more than one year | 42 | €36,000 | €41,472 | +€5,473 | +15.2% |
| Financial debts | 43 | €111,836 | €111,817 | -€19 | 0.0% |
| Credit institutions | 430/8 | €111,836 | €111,817 | -€19 | 0.0% |
| Trade debts | 44 | €312,527 | €262,625 | -€49,901 | -16.0% |
| Suppliers | 440/4 | €312,527 | €262,625 | -€49,901 | -16.0% |
| Taxes, remuneration and social security | 45 | €74,460 | €81,957 | +€7,497 | +10.1% |
| Taxes | 450/3 | €7,023 | €21,660 | +€14,637 | +208.4% |
| Remuneration and social security | 454/9 | €67,436 | €60,297 | -€7,139 | -10.6% |
| Other amounts payable | 47/48 | €0 | €24,234 | +€24,234 | |
| Non-recurring operating income | 76A | €1,240 | €826 | -€413 | -33.3% |
| Remuneration, social security and pensions | 62 | €729,895 | €716,265 | -€13,630 | -1.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,155 | €48,024 | +€8,869 | +22.7% |
| Other operating charges | 640/8 | €11,893 | €11,044 | -€849 | -7.1% |
| Gross operating margin | 9900 | €647,446 | €972,728 | +€325,282 | +50.2% |
| Operating profit (loss) | 9901 | -€133,497 | €197,396 | +€330,893 | |
| Financial income | 75/76B | €2 | €282 | +€281 | +16599.4% |
| Recurring financial income | 75 | €2 | €282 | +€281 | +16599.4% |
| Financial charges | 65/66B | €12,273 | €14,075 | +€1,802 | +14.7% |
| Recurring financial charges | 65 | €12,273 | €14,075 | +€1,802 | +14.7% |
| Profit (loss) for the period before taxes | 9903 | -€145,768 | €183,603 | +€329,371 | |
| Income taxes | 67/77 | €1,927 | €33,642 | +€31,715 | +1645.9% |
| Profit (loss) for the period | 9904 | -€147,695 | €149,961 | +€297,656 | |
| Profit (loss) for the period to be appropriated | 9905 | -€147,695 | €149,961 | +€297,656 |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.