BEVEST: 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.
BEVEST
Largest movements
- Tangible fixed assets -€29,301
down €29,301 (-14.5%), from €201,657 to €172,355
- Cash -€14,004
down €14,004 (-48.9%), from €28,635 to €14,631
mainly Debts after one year (-€122,424) and Current portion of long-term debt (-€7,581)
- Receivables within one year -€11,090
down €11,090 (-70.7%), from €15,677 to €4,588
of which Trade receivables: -€12,792
- Debts after one year -€122,424
down €122,424 (-17.3%), from €707,011 to €584,587
- Profit (loss) carried forward +€77,101
up €77,101 (+14.4%), from -€534,104 to -€457,003
- Current portion of long-term debt -€7,581
down €7,581 (-79.4%), from €9,547 to €1,966
- Gross operating margin -€68,455
down €68,455 (-35.6%), from €192,169 to €123,714
- Other operating charges +€4,165
up €4,165 (+18.1%), from €23,059 to €27,223
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 | €245,969 | €191,573 | -€54,395 | -22.1% |
| Fixed assets | 21/28 | €201,657 | €172,355 | -€29,301 | -14.5% |
| Tangible fixed assets | 22/27 | €201,657 | €172,355 | -€29,301 | -14.5% |
| Land and buildings | 22 | €201,657 | €172,355 | -€29,301 | -14.5% |
| Current assets | 29/58 | €44,312 | €19,218 | -€25,094 | -56.6% |
| Amounts receivable within one year | 40/41 | €15,677 | €4,588 | -€11,090 | -70.7% |
| Trade receivables | 40 | €12,792 | €0 | -€12,792 | -100.0% |
| Other amounts receivable | 41 | €2,885 | €4,588 | +€1,702 | +59.0% |
| Cash at bank and in hand | 54/58 | €28,635 | €14,631 | -€14,004 | -48.9% |
| Total equity and liabilities | 10/49 | €245,969 | €191,573 | -€54,395 | -22.1% |
| Equity | 10/15 | -€472,131 | -€395,030 | +€77,101 | +16.3% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€534,104 | -€457,003 | +€77,101 | +14.4% |
| Amounts payable | 17/49 | €718,099 | €586,603 | -€131,497 | -18.3% |
| Amounts payable after more than one year | 17 | €707,011 | €584,587 | -€122,424 | -17.3% |
| Financial debts | 170/4 | €707,011 | €584,587 | -€122,424 | -17.3% |
| Amounts payable within one year | 42/48 | €11,089 | €2,016 | -€9,073 | -81.8% |
| Current portion of amounts payable after more than one year | 42 | €9,547 | €1,966 | -€7,581 | -79.4% |
| Trade debts | 44 | €1,392 | €0 | -€1,392 | -100.0% |
| Suppliers | 440/4 | €1,392 | €0 | -€1,392 | -100.0% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other amounts payable | 47/48 | €150 | €50 | -€100 | -66.7% |
| Non-recurring operating income | 76A | €19,181 | €788 | -€18,393 | -95.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,314 | €12,938 | -€1,376 | -9.6% |
| Other operating charges | 640/8 | €23,059 | €27,223 | +€4,165 | +18.1% |
| Gross operating margin | 9900 | €192,169 | €123,714 | -€68,455 | -35.6% |
| Operating profit (loss) | 9901 | €154,797 | €83,553 | -€71,244 | -46.0% |
| Financial income | 75/76B | €378 | €219 | -€159 | -42.1% |
| Recurring financial income | 75 | €378 | €219 | -€159 | -42.1% |
| Financial charges | 65/66B | €7,101 | €6,671 | -€430 | -6.1% |
| Recurring financial charges | 65 | €7,101 | €6,671 | -€430 | -6.1% |
| Profit (loss) for the period before taxes | 9903 | €148,075 | €77,101 | -€70,973 | -47.9% |
| Profit (loss) for the period | 9904 | €148,075 | €77,101 | -€70,973 | -47.9% |
| Profit (loss) for the period to be appropriated | 9905 | €148,075 | €77,101 | -€70,973 | -47.9% |
Source: filed annual accounts (NBB), fiscal years ended 30 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.