BEWELL@BE: what changed
Two financial 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.
BEWELL@BE
Largest movements
- Tangible fixed assets -€28,411
down €28,411 (-12.8%), from €221,652 to €193,241
of which Land and buildings: -€17,699
- Cash +€12,021
up €12,021 (+12.8%), from €94,007 to €106,028
mainly Depreciation (+€36,351) and Net result for the year (+€10,123)
- Deferred charges and accrued income +€8,251
new in 2025: €8,251
- Debts after one year -€17,985
down €17,985 (-10.6%), from €169,005 to €151,020
- Tax, wage and social debts -€11,099
down €11,099 (-44.7%), from €24,813 to €13,715
of which Remuneration and social security: -€7,444
- Profit (loss) carried forward +€10,123
up €10,123 (+86.5%), from €11,708 to €21,831
- Advances received +€9,925
new in 2025: €9,925
- Other debts +€3,778
up €3,778 (+55.9%), from €6,765 to €10,543
- Depreciation +€9,571
up €9,571 (+35.7%), from €26,781 to €36,351
- Gross operating margin +€6,799
up €6,799 (+6.8%), from €99,983 to €106,782
- Taxes -€1,190
down €1,190 (-27.5%), from €4,322 to €3,132
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 | €332,580 | €325,320 | -€7,259 | -2.2% |
| Fixed assets | 21/28 | €221,702 | €193,291 | -€28,411 | -12.8% |
| Tangible fixed assets | 22/27 | €221,652 | €193,241 | -€28,411 | -12.8% |
| Land and buildings | 22 | €151,745 | €134,047 | -€17,699 | -11.7% |
| Plant, machinery and equipment | 23 | €18,613 | €21,165 | +€2,552 | +13.7% |
| Furniture and vehicles | 24 | €13,946 | €4,824 | -€9,122 | -65.4% |
| Leasing and similar rights | 25 | €37,348 | €33,205 | -€4,143 | -11.1% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €110,878 | €132,030 | +€21,152 | +19.1% |
| Stocks and contracts in progress | 3 | €15,005 | €13,040 | -€1,965 | -13.1% |
| Stocks | 30/36 | €15,005 | €13,040 | -€1,965 | -13.1% |
| Amounts receivable within one year | 40/41 | €1,865 | €4,710 | +€2,845 | +152.5% |
| Trade receivables | 40 | €533 | €2,513 | +€1,980 | +371.7% |
| Other amounts receivable | 41 | €1,333 | €2,198 | +€865 | +64.9% |
| Cash at bank and in hand | 54/58 | €94,007 | €106,028 | +€12,021 | +12.8% |
| Deferred charges and accrued income | 490/1 | - | €8,251 | +€8,251 | |
| Total equity and liabilities | 10/49 | €332,580 | €325,320 | -€7,259 | -2.2% |
| Equity | 10/15 | €109,628 | €119,751 | +€10,123 | +9.2% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €95,920 | €95,920 | = | 0.0% |
| Non-distributable reserves | 130/1 | €200 | €200 | = | 0.0% |
| Reserves not available under the articles | 1311 | €200 | €200 | = | 0.0% |
| Tax-exempt reserves | 132 | €320 | €320 | = | 0.0% |
| Distributable reserves | 133 | €95,400 | €95,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | €11,708 | €21,831 | +€10,123 | +86.5% |
| Provisions and deferred taxes | 16 | €2,622 | €0 | -€2,622 | -100.0% |
| Provisions for liabilities and charges | 160/5 | €2,622 | €0 | -€2,622 | -100.0% |
| Major repairs and maintenance | 162 | €2,622 | €0 | -€2,622 | -100.0% |
| Amounts payable | 17/49 | €220,329 | €205,569 | -€14,760 | -6.7% |
| Amounts payable after more than one year | 17 | €169,005 | €151,020 | -€17,985 | -10.6% |
| Financial debts | 170/4 | €169,005 | €151,020 | -€17,985 | -10.6% |
| Amounts payable within one year | 42/48 | €48,943 | €52,167 | +€3,225 | +6.6% |
| Financial debts | 43 | €17,365 | €17,985 | +€620 | +3.6% |
| Credit institutions | 430/8 | €17,365 | €17,985 | +€620 | +3.6% |
| Advances received on contracts in progress | 46 | - | €9,925 | +€9,925 | |
| Taxes, remuneration and social security | 45 | €24,813 | €13,715 | -€11,099 | -44.7% |
| Taxes | 450/3 | €10,874 | €7,219 | -€3,655 | -33.6% |
| Remuneration and social security | 454/9 | €13,940 | €6,496 | -€7,444 | -53.4% |
| Other amounts payable | 47/48 | €6,765 | €10,543 | +€3,778 | +55.9% |
| Accrued charges and deferred income | 492/3 | €2,382 | €2,382 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €48,041 | €47,395 | -€646 | -1.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,781 | €36,351 | +€9,571 | +35.7% |
| Other operating charges | 640/8 | €3,267 | €3,368 | +€101 | +3.1% |
| Gross operating margin | 9900 | €99,983 | €106,782 | +€6,799 | +6.8% |
| Operating profit (loss) | 9901 | €21,894 | €19,667 | -€2,226 | -10.2% |
| Financial income | 75/76B | €134 | €454 | +€320 | +239.4% |
| Recurring financial income | 75 | €134 | €454 | +€320 | +239.4% |
| Financial charges | 65/66B | €7,288 | €6,866 | -€422 | -5.8% |
| Recurring financial charges | 65 | €7,288 | €6,866 | -€422 | -5.8% |
| Profit (loss) for the period before taxes | 9903 | €14,739 | €13,255 | -€1,484 | -10.1% |
| Income taxes | 67/77 | €4,322 | €3,132 | -€1,190 | -27.5% |
| Profit (loss) for the period | 9904 | €10,417 | €10,123 | -€294 | -2.8% |
| Profit (loss) for the period to be appropriated | 9905 | €10,417 | €10,123 | -€294 | -2.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.