BEWEAR: 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.
BEWEAR
Largest movements
- Tangible fixed assets +€949,101
up €949,101 (+272.6%), from €348,205 to €1.3m
of which Land and buildings: +€968,721
- Receivables within one year -€339,818
down €339,818 (-72.9%), from €465,838 to €126,020
of which Other amounts receivable: -€199,917
- Cash -€78,085
down €78,085 (-63.6%), from €122,769 to €44,684
mainly Investment in fixed assets (net) (-€1.0m) and Trade debts (-€117,101)
- Debts after one year +€465,560
up €465,560 (+188.1%), from €247,495 to €713,055
- Reserves +€201,529
up €201,529 (+59.2%), from €340,312 to €541,841
- Trade debts -€117,101
down €117,101 (-98.1%), from €119,314 to €2,213
- Accrued charges and deferred income -€75,000
no longer reported in 2025 (was €75,000)
- Other debts +€22,939
up €22,939 (+84.8%), from €27,061 to €50,000
- Gross operating margin +€41,771
up €41,771 (+14.4%), from €290,617 to €332,388
- Depreciation +€20,000
up €20,000 (+64.7%), from €30,899 to €50,899
- Financial charges +€12,097
up €12,097 (+125.4%), from €9,643 to €21,740
- Financial income +€10,652
new in 2025: €10,652
- Taxes +€6,636
up €6,636 (+11.1%), from €59,915 to €66,551
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 | €936,812 | €1,468,010 | +€531,198 | +56.7% |
| Fixed assets | 21/28 | €348,205 | €1,297,306 | +€949,101 | +272.6% |
| Tangible fixed assets | 22/27 | €348,205 | €1,297,306 | +€949,101 | +272.6% |
| Land and buildings | 22 | €250,106 | €1,218,827 | +€968,721 | +387.3% |
| Furniture and vehicles | 24 | €98,099 | €78,479 | -€19,620 | -20.0% |
| Current assets | 29/58 | €588,607 | €170,704 | -€417,903 | -71.0% |
| Amounts receivable within one year | 40/41 | €465,838 | €126,020 | -€339,818 | -72.9% |
| Trade receivables | 40 | €265,838 | €125,937 | -€139,901 | -52.6% |
| Other amounts receivable | 41 | €200,000 | €83 | -€199,917 | -100.0% |
| Cash at bank and in hand | 54/58 | €122,769 | €44,684 | -€78,085 | -63.6% |
| Total equity and liabilities | 10/49 | €936,812 | €1,468,010 | +€531,198 | +56.7% |
| Equity | 10/15 | €360,772 | €562,301 | +€201,529 | +55.9% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Outside capital | 11 | €20,460 | €20,460 | = | 0.0% |
| Other | 1109/19 | €20,460 | €20,460 | = | 0.0% |
| Reserves | 13 | €340,312 | €541,841 | +€201,529 | +59.2% |
| Distributable reserves | 133 | €340,312 | €541,841 | +€201,529 | +59.2% |
| Amounts payable | 17/49 | €576,040 | €905,709 | +€329,669 | +57.2% |
| Amounts payable after more than one year | 17 | €247,495 | €713,055 | +€465,560 | +188.1% |
| Financial debts | 170/4 | €247,495 | €713,055 | +€465,560 | +188.1% |
| Amounts payable within one year | 42/48 | €253,545 | €192,654 | -€60,891 | -24.0% |
| Current portion of amounts payable after more than one year | 42 | €51,268 | €73,799 | +€22,531 | +43.9% |
| Trade debts | 44 | €119,314 | €2,213 | -€117,101 | -98.1% |
| Suppliers | 440/4 | €119,314 | €2,213 | -€117,101 | -98.1% |
| Taxes, remuneration and social security | 45 | €55,902 | €66,642 | +€10,740 | +19.2% |
| Taxes | 450/3 | €55,902 | €66,642 | +€10,740 | +19.2% |
| Other amounts payable | 47/48 | €27,061 | €50,000 | +€22,939 | +84.8% |
| Accrued charges and deferred income | 492/3 | €75,000 | - | -€75,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,899 | €50,899 | +€20,000 | +64.7% |
| Other operating charges | 640/8 | €4,342 | €2,321 | -€2,021 | -46.5% |
| Gross operating margin | 9900 | €290,617 | €332,388 | +€41,771 | +14.4% |
| Operating profit (loss) | 9901 | €255,376 | €279,168 | +€23,792 | +9.3% |
| Financial income | 75/76B | - | €10,652 | +€10,652 | |
| Recurring financial income | 75 | - | €10,652 | +€10,652 | |
| Financial charges | 65/66B | €9,643 | €21,740 | +€12,097 | +125.4% |
| Recurring financial charges | 65 | €9,643 | €21,740 | +€12,097 | +125.4% |
| Profit (loss) for the period before taxes | 9903 | €245,733 | €268,080 | +€22,347 | +9.1% |
| Income taxes | 67/77 | €59,915 | €66,551 | +€6,636 | +11.1% |
| Profit (loss) for the period | 9904 | €185,818 | €201,529 | +€15,711 | +8.5% |
| Profit (loss) for the period to be appropriated | 9905 | €185,818 | €201,529 | +€15,711 | +8.5% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.