Bezef Automation: 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.
Bezef Automation
Largest movements
- Stocks and contracts +€234,789
up €234,789 (+99.8%), from €235,300 to €470,089
- Cash -€40,103
down €40,103 (-91.6%), from €43,763 to €3,659
mainly Stocks and contracts (-€234,789) and Tax, wage and social debts (-€2,421)
- Tangible fixed assets -€5,234
down €5,234 (-49.0%), from €10,687 to €5,453
of which Furniture and vehicles: -€4,283
- Other debts +€105,827
up €105,827 (+104%), from €101,465 to €207,292
- Reserves +€78,691
up €78,691 (+36.8%), from €214,041 to €292,732
- Trade debts +€6,369
up €6,369 (+405%), from €1,573 to €7,943
- Gross operating margin -€19,354
down €19,354 (-13.9%), from €139,524 to €120,171
- Taxes -€14,350
down €14,350 (-34.3%), from €41,858 to €27,508
- Financial charges +€6,145
up €6,145 (+133%), from €4,622 to €10,767
- Financial income +€2,282
up €2,282 (+382%), from €597 to €2,879
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 | €329,851 | €518,198 | +€188,347 | +57.1% |
| Fixed assets | 21/28 | €10,687 | €5,453 | -€5,234 | -49.0% |
| Tangible fixed assets | 22/27 | €10,687 | €5,453 | -€5,234 | -49.0% |
| Plant, machinery and equipment | 23 | €1,928 | €977 | -€951 | -49.3% |
| Furniture and vehicles | 24 | €8,759 | €4,476 | -€4,283 | -48.9% |
| Current assets | 29/58 | €319,165 | €512,746 | +€193,581 | +60.7% |
| Stocks and contracts in progress | 3 | €235,300 | €470,089 | +€234,789 | +99.8% |
| Stocks | 30/36 | €235,300 | €470,089 | +€234,789 | +99.8% |
| Amounts receivable within one year | 40/41 | €39,986 | €38,921 | -€1,065 | -2.7% |
| Trade receivables | 40 | €39,986 | €34,744 | -€5,242 | -13.1% |
| Other amounts receivable | 41 | - | €4,177 | +€4,177 | |
| Cash at bank and in hand | 54/58 | €43,763 | €3,659 | -€40,103 | -91.6% |
| Deferred charges and accrued income | 490/1 | €116 | €77 | -€39 | -33.9% |
| Total equity and liabilities | 10/49 | €329,851 | €518,198 | +€188,347 | +57.1% |
| Equity | 10/15 | €219,041 | €297,732 | +€78,691 | +35.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €214,041 | €292,732 | +€78,691 | +36.8% |
| Distributable reserves | 133 | €214,041 | €292,732 | +€78,691 | +36.8% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €110,810 | €220,466 | +€109,656 | +99.0% |
| Amounts payable within one year | 42/48 | €110,650 | €220,427 | +€109,776 | +99.2% |
| Trade debts | 44 | €1,573 | €7,943 | +€6,369 | +405% |
| Suppliers | 440/4 | €1,573 | €7,943 | +€6,369 | +405% |
| Taxes, remuneration and social security | 45 | €7,613 | €5,192 | -€2,421 | -31.8% |
| Taxes | 450/3 | €7,613 | €5,192 | -€2,421 | -31.8% |
| Other amounts payable | 47/48 | €101,465 | €207,292 | +€105,827 | +104% |
| Accrued charges and deferred income | 492/3 | €160 | €40 | -€120 | -75.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,048 | €5,234 | +€186 | +3.7% |
| Other operating charges | 640/8 | €692 | €850 | +€157 | +22.7% |
| Gross operating margin | 9900 | €139,524 | €120,171 | -€19,354 | -13.9% |
| Operating profit (loss) | 9901 | €133,784 | €114,087 | -€19,698 | -14.7% |
| Financial income | 75/76B | €597 | €2,879 | +€2,282 | +382% |
| Recurring financial income | 75 | €597 | €2,879 | +€2,282 | +382% |
| Financial charges | 65/66B | €4,622 | €10,767 | +€6,145 | +133% |
| Recurring financial charges | 65 | €4,622 | €10,767 | +€6,145 | +133% |
| Profit (loss) for the period before taxes | 9903 | €129,759 | €106,199 | -€23,561 | -18.2% |
| Income taxes | 67/77 | €41,858 | €27,508 | -€14,350 | -34.3% |
| Profit (loss) for the period | 9904 | €87,902 | €78,691 | -€9,211 | -10.5% |
| Profit (loss) for the period to be appropriated | 9905 | €87,902 | €78,691 | -€9,211 | -10.5% |
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 23 October 2026 via checked.be.