BEX GROUP: 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.
BEX GROUP
Largest movements
- Receivables within one year -€27,167
down €27,167 (-48.1%), from €56,444 to €29,276
of which Other amounts receivable: -€22,755
- Tangible fixed assets -€12,409
down €12,409 (-36.4%), from €34,072 to €21,663
of which Furniture and vehicles: -€11,978
- Cash -€2,422
down €2,422 (-5.6%), from €43,232 to €40,810
mainly Net result for the year (-€23,610) and Debts after one year (-€13,608)
- Profit (loss) carried forward -€23,610
down €23,610 (-28.4%), from €83,238 to €59,628
- Debts after one year -€13,608
no longer reported in 2025 (was €13,608)
- Other debts -€7,759
down €7,759 (-54.5%), from €14,229 to €6,471
- Tax, wage and social debts +€2,940
up €2,940 (+93.8%), from €3,135 to €6,075
of which Remuneration and social security: +€1,737
- Gross operating margin +€25,242
up €25,242 (+316%), from €7,986 to €33,228
- Financial charges +€22,537
up €22,537 (+2,871%), from €785 to €23,322
- Staff costs +€14,038
up €14,038 (+265%), from €5,301 to €19,340
- Depreciation +€1,278
up €1,278 (+10.3%), from €12,431 to €13,709
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.
Derived cash bridge
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 | €133,972 | €92,124 | -€41,848 | -31.2% |
| Fixed assets | 21/28 | €34,072 | €21,663 | -€12,409 | -36.4% |
| Tangible fixed assets | 22/27 | €34,072 | €21,663 | -€12,409 | -36.4% |
| Plant, machinery and equipment | 23 | €4,218 | €3,786 | -€431 | -10.2% |
| Furniture and vehicles | 24 | €29,855 | €17,877 | -€11,978 | -40.1% |
| Current assets | 29/58 | €99,899 | €70,460 | -€29,439 | -29.5% |
| Amounts receivable within one year | 40/41 | €56,444 | €29,276 | -€27,167 | -48.1% |
| Trade receivables | 40 | €33,689 | €29,276 | -€4,412 | -13.1% |
| Other amounts receivable | 41 | €22,755 | - | -€22,755 | |
| Cash at bank and in hand | 54/58 | €43,232 | €40,810 | -€2,422 | -5.6% |
| Deferred charges and accrued income | 490/1 | €224 | €374 | +€150 | +66.9% |
| Total equity and liabilities | 10/49 | €133,972 | €92,124 | -€41,848 | -31.2% |
| Equity | 10/15 | €89,438 | €65,828 | -€23,610 | -26.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €83,238 | €59,628 | -€23,610 | -28.4% |
| Amounts payable | 17/49 | €44,534 | €26,296 | -€18,238 | -41.0% |
| Amounts payable after more than one year | 17 | €13,608 | - | -€13,608 | |
| Financial debts | 170/4 | €13,608 | - | -€13,608 | |
| Amounts payable within one year | 42/48 | €30,926 | €26,212 | -€4,713 | -15.2% |
| Current portion of amounts payable after more than one year | 42 | €13,350 | €13,608 | +€258 | +1.9% |
| Trade debts | 44 | €211 | €59 | -€152 | -72.1% |
| Suppliers | 440/4 | €211 | €59 | -€152 | -72.1% |
| Taxes, remuneration and social security | 45 | €3,135 | €6,075 | +€2,940 | +93.8% |
| Taxes | 450/3 | €890 | €2,092 | +€1,203 | +135% |
| Remuneration and social security | 454/9 | €2,245 | €3,982 | +€1,737 | +77.4% |
| Other amounts payable | 47/48 | €14,229 | €6,471 | -€7,759 | -54.5% |
| Accrued charges and deferred income | 492/3 | - | €83 | +€83 | |
| Remuneration, social security and pensions | 62 | €5,301 | €19,340 | +€14,038 | +265% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,431 | €13,709 | +€1,278 | +10.3% |
| Other operating charges | 640/8 | €464 | €467 | +€3 | +0.6% |
| Gross operating margin | 9900 | €7,986 | €33,228 | +€25,242 | +316% |
| Operating profit (loss) | 9901 | -€10,211 | -€288 | +€9,923 | +97.2% |
| Financial income | 75/76B | €5 | €0 | -€5 | -99.8% |
| Recurring financial income | 75 | €5 | €0 | -€5 | -99.8% |
| Financial charges | 65/66B | €785 | €23,322 | +€22,537 | +2,871% |
| Recurring financial charges | 65 | €785 | €23,322 | +€22,537 | +2,871% |
| Profit (loss) for the period before taxes | 9903 | -€10,991 | -€23,610 | -€12,619 | -115% |
| Profit (loss) for the period | 9904 | -€10,991 | -€23,610 | -€12,619 | -115% |
| Profit (loss) for the period to be appropriated | 9905 | -€10,991 | -€23,610 | -€12,619 | -115% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.