BEWOW: 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.
BEWOW
Largest movements
- Current investments +€1.0m
new in 2025: €1.0m
- Tangible fixed assets -€500,000
no longer reported in 2025 (was €500,000)
- Cash -€243,835
down €243,835 (-18.5%), from €1.3m to €1.1m
mainly Current investments (-€1.0m)
- Profit (loss) carried forward +€255,779
up €255,779 (+12.8%), from €2.0m to €2.3m
- Financial income -€1.5m
down €1.5m (-84.8%), from €1.8m to €274,795
- Gross operating margin -€6,100
down €6,100 (-88.0%), from -€6,934 to -€13,034
- Taxes +€4,634
up €4,634 (+5310.1%), from €87 to €4,721
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 | €2,072,332 | €2,328,497 | +€256,165 | +12.4% |
| Fixed assets | 21/28 | €751,210 | €251,210 | -€500,000 | -66.6% |
| Tangible fixed assets | 22/27 | €500,000 | - | -€500,000 | |
| Assets under construction and advance payments | 27 | €500,000 | - | -€500,000 | |
| Financial fixed assets | 28 | €251,210 | €251,210 | = | 0.0% |
| Current assets | 29/58 | €1,321,122 | €2,077,287 | +€756,165 | +57.2% |
| Current investments | 50/53 | - | €1,000,000 | +€1.0m | |
| Cash at bank and in hand | 54/58 | €1,321,122 | €1,077,287 | -€243,835 | -18.5% |
| Total equity and liabilities | 10/49 | €2,072,332 | €2,328,497 | +€256,165 | +12.4% |
| Equity | 10/15 | €2,070,760 | €2,326,539 | +€255,779 | +12.4% |
| Contributions | 10/11 | €65,000 | €65,000 | = | 0.0% |
| Capital | 10 | €65,000 | €65,000 | = | 0.0% |
| Issued capital | 100 | €65,000 | €65,000 | = | 0.0% |
| Reserves | 13 | €6,500 | €6,500 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,500 | €6,500 | = | 0.0% |
| Legal reserve | 130 | €6,500 | €6,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,999,260 | €2,255,039 | +€255,779 | +12.8% |
| Amounts payable | 17/49 | €1,572 | €1,958 | +€387 | +24.6% |
| Amounts payable within one year | 42/48 | €1,572 | €1,958 | +€387 | +24.6% |
| Trade debts | 44 | €1,184 | €1,197 | +€13 | +1.1% |
| Suppliers | 440/4 | €1,184 | €1,197 | +€13 | +1.1% |
| Taxes, remuneration and social security | 45 | €87 | €461 | +€373 | +427.9% |
| Taxes | 450/3 | €87 | €461 | +€373 | +427.9% |
| Other amounts payable | 47/48 | €300 | €300 | = | 0.0% |
| Other operating charges | 640/8 | €960 | €968 | +€7 | +0.8% |
| Gross operating margin | 9900 | -€6,934 | -€13,034 | -€6,100 | -88.0% |
| Operating profit (loss) | 9901 | -€7,894 | -€14,002 | -€6,107 | -77.4% |
| Financial income | 75/76B | €1,808,453 | €274,795 | -€1.5m | -84.8% |
| Recurring financial income | 75 | €1,808,453 | €274,795 | -€1.5m | -84.8% |
| Financial charges | 65/66B | €255 | €293 | +€38 | +14.8% |
| Recurring financial charges | 65 | €255 | €293 | +€38 | +14.8% |
| Profit (loss) for the period before taxes | 9903 | €1,800,303 | €260,500 | -€1.5m | -85.5% |
| Income taxes | 67/77 | €87 | €4,721 | +€4,634 | +5310.1% |
| Profit (loss) for the period | 9904 | €1,800,216 | €255,779 | -€1.5m | -85.8% |
| Profit (loss) for the period to be appropriated | 9905 | €1,800,216 | €255,779 | -€1.5m | -85.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.