BEVEX: 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.
BEVEX
Largest movements
- Receivables within one year -€14,664
down €14,664 (-31.9%), from €45,984 to €31,320
of which Trade receivables: -€15,440
- Tangible fixed assets -€9,665
down €9,665 (-3.6%), from €267,973 to €258,308
of which Land and buildings: -€6,477
- Cash -€3,473
down €3,473 (-75.7%), from €4,587 to €1,114
mainly Trade debts (-€15,754) and Debts after one year (-€14,467)
- Trade debts -€15,754
down €15,754 (-70.7%), from €22,290 to €6,536
- Debts after one year -€14,467
down €14,467 (-6.2%), from €232,740 to €218,273
- Tax, wage and social debts -€9,690
down €9,690 (-84.6%), from €11,460 to €1,770
of which Taxes: -€11,460
- Short-term financial debts +€8,238
up €8,238 (+32.8%), from €25,085 to €33,323
- Gross operating margin -€8,491
down €8,491 (-23.3%), from €36,462 to €27,971
- Taxes -€1,463
down €1,463 (-41.0%), from €3,570 to €2,107
- Depreciation +€1,054
up €1,054 (+9.3%), from €11,318 to €12,372
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 | €322,382 | €294,551 | -€27,831 | -8.6% |
| Fixed assets | 21/28 | €271,173 | €261,508 | -€9,665 | -3.6% |
| Tangible fixed assets | 22/27 | €267,973 | €258,308 | -€9,665 | -3.6% |
| Land and buildings | 22 | €248,816 | €242,339 | -€6,477 | -2.6% |
| Plant, machinery and equipment | 23 | €18,595 | €13,897 | -€4,698 | -25.3% |
| Furniture and vehicles | 24 | €563 | €2,073 | +€1,510 | +268.3% |
| Financial fixed assets | 28 | €3,200 | €3,200 | = | 0.0% |
| Current assets | 29/58 | €51,208 | €33,043 | -€18,165 | -35.5% |
| Amounts receivable within one year | 40/41 | €45,984 | €31,320 | -€14,664 | -31.9% |
| Trade receivables | 40 | €42,138 | €26,698 | -€15,440 | -36.6% |
| Other amounts receivable | 41 | €3,846 | €4,622 | +€776 | +20.2% |
| Cash at bank and in hand | 54/58 | €4,587 | €1,114 | -€3,473 | -75.7% |
| Deferred charges and accrued income | 490/1 | €637 | €609 | -€28 | -4.4% |
| Total equity and liabilities | 10/49 | €322,382 | €294,551 | -€27,831 | -8.6% |
| Equity | 10/15 | €833 | €1,335 | +€502 | +60.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,367 | -€4,865 | +€502 | +9.4% |
| Amounts payable | 17/49 | €321,549 | €293,216 | -€28,333 | -8.8% |
| Amounts payable after more than one year | 17 | €232,740 | €218,273 | -€14,467 | -6.2% |
| Financial debts | 170/4 | €232,740 | €218,273 | -€14,467 | -6.2% |
| Amounts payable within one year | 42/48 | €88,809 | €74,943 | -€13,865 | -15.6% |
| Current portion of amounts payable after more than one year | 42 | €14,869 | €15,223 | +€354 | +2.4% |
| Financial debts | 43 | €25,085 | €33,323 | +€8,238 | +32.8% |
| Credit institutions | 430/8 | €25,085 | €33,323 | +€8,238 | +32.8% |
| Trade debts | 44 | €22,290 | €6,536 | -€15,754 | -70.7% |
| Suppliers | 440/4 | €22,290 | €6,536 | -€15,754 | -70.7% |
| Taxes, remuneration and social security | 45 | €11,460 | €1,770 | -€9,690 | -84.6% |
| Taxes | 450/3 | €11,460 | - | -€11,460 | |
| Remuneration and social security | 454/9 | - | €1,770 | +€1,770 | |
| Other amounts payable | 47/48 | €15,105 | €18,092 | +€2,987 | +19.8% |
| Non-recurring operating income | 76A | €9,902 | - | -€9,902 | |
| Remuneration, social security and pensions | 62 | - | €88 | +€88 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,318 | €12,372 | +€1,054 | +9.3% |
| Other operating charges | 640/8 | €2,560 | €2,778 | +€218 | +8.5% |
| Gross operating margin | 9900 | €36,462 | €27,971 | -€8,491 | -23.3% |
| Operating profit (loss) | 9901 | €22,584 | €12,733 | -€9,851 | -43.6% |
| Financial income | 75/76B | €12 | €0 | -€11 | -97.7% |
| Recurring financial income | 75 | €12 | €0 | -€11 | -97.7% |
| Financial charges | 65/66B | €10,263 | €10,124 | -€139 | -1.4% |
| Recurring financial charges | 65 | €10,263 | €10,124 | -€139 | -1.4% |
| Profit (loss) for the period before taxes | 9903 | €12,333 | €2,609 | -€9,724 | -78.8% |
| Income taxes | 67/77 | €3,570 | €2,107 | -€1,463 | -41.0% |
| Profit (loss) for the period | 9904 | €8,763 | €502 | -€8,261 | -94.3% |
| Profit (loss) for the period to be appropriated | 9905 | €8,763 | €502 | -€8,261 | -94.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.