BEWAVE: 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.
BEWAVE
Largest movements
- Receivables within one year -€19,631
down €19,631 (-34.5%), from €56,941 to €37,310
of which Trade receivables: -€15,419
- Tangible fixed assets -€8,933
down €8,933 (-31.1%), from €28,687 to €19,754
of which Furniture and vehicles: -€8,260
- Cash +€3,640
up €3,640 (+234.4%), from €1,553 to €5,192
mainly Receivables within one year (+€19,631) and Depreciation (+€10,526)
- Profit (loss) carried forward -€9,688
down €9,688 (-24.6%), from €39,433 to €29,745
- Tax, wage and social debts -€8,336
down €8,336 (-71.2%), from €11,709 to €3,373
of which Taxes: -€6,336
- Debts after one year -€6,126
down €6,126 (-36.9%), from €16,624 to €10,498
- Trade debts -€1,285
down €1,285 (-22.4%), from €5,739 to €4,455
- Gross operating margin -€9,358
down €9,358 (-56.6%), from €16,531 to €7,173
- Taxes -€1,957
down €1,957 (-83.8%), from €2,337 to €379
- Other operating charges +€1,238
up €1,238 (+117.2%), from €1,056 to €2,295
- Financial charges +€843
up €843 (+29.9%), from €2,825 to €3,668
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 | €87,329 | €62,257 | -€25,072 | -28.7% |
| Fixed assets | 21/28 | €28,687 | €19,754 | -€8,933 | -31.1% |
| Tangible fixed assets | 22/27 | €28,687 | €19,754 | -€8,933 | -31.1% |
| Plant, machinery and equipment | 23 | €2,442 | €1,769 | -€673 | -27.6% |
| Furniture and vehicles | 24 | €26,245 | €17,986 | -€8,260 | -31.5% |
| Current assets | 29/58 | €58,642 | €42,502 | -€16,139 | -27.5% |
| Amounts receivable within one year | 40/41 | €56,941 | €37,310 | -€19,631 | -34.5% |
| Trade receivables | 40 | €21,017 | €5,597 | -€15,419 | -73.4% |
| Other amounts receivable | 41 | €35,925 | €31,713 | -€4,212 | -11.7% |
| Cash at bank and in hand | 54/58 | €1,553 | €5,192 | +€3,640 | +234.4% |
| Deferred charges and accrued income | 490/1 | €148 | - | -€148 | |
| Total equity and liabilities | 10/49 | €87,329 | €62,257 | -€25,072 | -28.7% |
| Equity | 10/15 | €47,493 | €37,805 | -€9,688 | -20.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | €6,200 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €39,433 | €29,745 | -€9,688 | -24.6% |
| Amounts payable | 17/49 | €39,836 | €24,452 | -€15,384 | -38.6% |
| Amounts payable after more than one year | 17 | €16,624 | €10,498 | -€6,126 | -36.9% |
| Financial debts | 170/4 | €16,624 | €10,498 | -€6,126 | -36.9% |
| Amounts payable within one year | 42/48 | €23,212 | €13,954 | -€9,258 | -39.9% |
| Current portion of amounts payable after more than one year | 42 | €5,764 | €6,126 | +€363 | +6.3% |
| Trade debts | 44 | €5,739 | €4,455 | -€1,285 | -22.4% |
| Suppliers | 440/4 | €5,739 | €4,455 | -€1,285 | -22.4% |
| Taxes, remuneration and social security | 45 | €11,709 | €3,373 | -€8,336 | -71.2% |
| Taxes | 450/3 | €9,709 | €3,373 | -€6,336 | -65.3% |
| Remuneration and social security | 454/9 | €2,000 | - | -€2,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,530 | €10,526 | -€4 | 0.0% |
| Other operating charges | 640/8 | €1,056 | €2,295 | +€1,238 | +117.2% |
| Gross operating margin | 9900 | €16,531 | €7,173 | -€9,358 | -56.6% |
| Operating profit (loss) | 9901 | €4,944 | -€5,648 | -€10,592 | |
| Financial income | 75/76B | €5 | €8 | +€2 | +46.8% |
| Recurring financial income | 75 | €5 | €8 | +€2 | +46.8% |
| Financial charges | 65/66B | €2,825 | €3,668 | +€843 | +29.9% |
| Recurring financial charges | 65 | €2,825 | €3,668 | +€843 | +29.9% |
| Profit (loss) for the period before taxes | 9903 | €2,124 | -€9,309 | -€11,433 | |
| Income taxes | 67/77 | €2,337 | €379 | -€1,957 | -83.8% |
| Profit (loss) for the period | 9904 | -€212 | -€9,688 | -€9,476 | -4461.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€212 | -€9,688 | -€9,476 | -4461.2% |
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 4 October 2026 via checked.be.