BEWA: 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.
BEWA
Largest movements
- Receivables within one year -€43,623
down €43,623 (-31.6%), from €137,846 to €94,224
of which Trade receivables: -€51,514
- Cash +€25,505
up €25,505 (+1925.5%), from €1,325 to €26,830
mainly Receivables within one year (+€43,623) and Tax, wage and social debts (+€7,915)
- Other debts -€16,984
down €16,984 (-18.4%), from €92,339 to €75,355
- Tax, wage and social debts +€7,915
up €7,915 (+110.7%), from €7,148 to €15,063
of which Remuneration and social security: +€6,571
- Short-term financial debts -€7,903
no longer reported in 2023 (was €7,903)
- Trade debts -€1,808
down €1,808 (-4.3%), from €42,271 to €40,463
- Staff costs +€3,413
up €3,413 (+9.1%), from €37,611 to €41,024
- Gross operating margin +€2,941
up €2,941 (+6.8%), from €43,403 to €46,345
- Other operating charges +€982
up €982 (+120.5%), from €815 to €1,797
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €165,414 | €146,679 | -€18,735 | -11.3% |
| Fixed assets | 21/28 | €6,898 | €5,495 | -€1,403 | -20.3% |
| Tangible fixed assets | 22/27 | €6,898 | €5,495 | -€1,403 | -20.3% |
| Plant, machinery and equipment | 23 | €2,749 | €2,281 | -€468 | -17.0% |
| Furniture and vehicles | 24 | €4,149 | €3,213 | -€936 | -22.6% |
| Current assets | 29/58 | €158,516 | €141,184 | -€17,332 | -10.9% |
| Stocks and contracts in progress | 3 | €18,417 | €19,438 | +€1,021 | +5.5% |
| Stocks | 30/36 | €18,417 | €19,438 | +€1,021 | +5.5% |
| Amounts receivable within one year | 40/41 | €137,846 | €94,224 | -€43,623 | -31.6% |
| Trade receivables | 40 | €134,463 | €82,949 | -€51,514 | -38.3% |
| Other amounts receivable | 41 | €3,383 | €11,274 | +€7,891 | +233.2% |
| Cash at bank and in hand | 54/58 | €1,325 | €26,830 | +€25,505 | +1925.5% |
| Deferred charges and accrued income | 490/1 | €928 | €693 | -€235 | -25.4% |
| Total equity and liabilities | 10/49 | €165,414 | €146,679 | -€18,735 | -11.3% |
| Equity | 10/15 | €15,753 | €15,799 | +€45 | +0.3% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €12,881 | €12,881 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €11,022 | €11,022 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€15,720 | -€15,675 | +€45 | +0.3% |
| Amounts payable | 17/49 | €149,661 | €130,880 | -€18,780 | -12.5% |
| Amounts payable within one year | 42/48 | €149,661 | €130,880 | -€18,780 | -12.5% |
| Financial debts | 43 | €7,903 | - | -€7,903 | |
| Credit institutions | 430/8 | €7,903 | - | -€7,903 | |
| Trade debts | 44 | €42,271 | €40,463 | -€1,808 | -4.3% |
| Suppliers | 440/4 | €42,271 | €40,463 | -€1,808 | -4.3% |
| Taxes, remuneration and social security | 45 | €7,148 | €15,063 | +€7,915 | +110.7% |
| Taxes | 450/3 | €712 | €2,056 | +€1,344 | +188.8% |
| Remuneration and social security | 454/9 | €6,436 | €13,007 | +€6,571 | +102.1% |
| Other amounts payable | 47/48 | €92,339 | €75,355 | -€16,984 | -18.4% |
| Remuneration, social security and pensions | 62 | €37,611 | €41,024 | +€3,413 | +9.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €997 | €1,403 | +€406 | +40.8% |
| Other operating charges | 640/8 | €815 | €1,797 | +€982 | +120.5% |
| Gross operating margin | 9900 | €43,403 | €46,345 | +€2,941 | +6.8% |
| Operating profit (loss) | 9901 | €3,980 | €2,121 | -€1,860 | -46.7% |
| Financial income | 75/76B | €48 | €74 | +€26 | +54.7% |
| Recurring financial income | 75 | €48 | €74 | +€26 | +54.7% |
| Financial charges | 65/66B | €1,747 | €2,150 | +€403 | +23.1% |
| Recurring financial charges | 65 | €1,747 | €2,150 | +€403 | +23.1% |
| Profit (loss) for the period before taxes | 9903 | €2,282 | €45 | -€2,237 | -98.0% |
| Profit (loss) for the period | 9904 | €2,282 | €45 | -€2,237 | -98.0% |
| Profit (loss) for the period to be appropriated | 9905 | €2,282 | €45 | -€2,237 | -98.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.