BEZIB: what changed
BEZIB
Largest movements
- Receivables within one year -€251,741
down €251,741 (-65.3%), from €385,795 to €134,054
of which Trade receivables: -€256,899
- Tangible fixed assets +€198,929
up €198,929 (+22.3%), from €892,424 to €1.1m
of which Land and buildings: +€130,174
- Cash -€65,384
down €65,384 (-75.7%), from €86,416 to €21,031
mainly Short-term financial debts (-€373,532) and Investment in fixed assets (net) (-€308,246)
- Debts after one year +€547,149
up €547,149 (+259%), from €211,404 to €758,553
- Short-term financial debts -€373,532
no longer reported in 2025 (was €373,532)
- Reserves -€252,188
down €252,188 (-64.8%), from €389,155 to €136,967
of which Distributable reserves: -€252,188
- Trade debts -€94,540
down €94,540 (-61.2%), from €154,390 to €59,849
- Current portion of long-term debt +€83,391
up €83,391 (+136%), from €61,294 to €144,685
- Gross operating margin -€377,443
down €377,443 (-58.7%), from €643,514 to €266,071
- Taxes -€48,357
down €48,357 (-99.6%), from €48,563 to €207
- Depreciation +€43,646
up €43,646 (+61.8%), from €70,672 to €114,318
- Staff costs +€25,570
up €25,570 (+8.6%), from €297,729 to €323,298
- Other operating charges -€23,974
down €23,974 (-75.0%), from €31,977 to €8,003
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,409,098 | €1,283,270 | -€125,828 | -8.9% |
| Fixed assets | 21/28 | €898,079 | €1,092,008 | +€193,929 | +21.6% |
| Tangible fixed assets | 22/27 | €892,424 | €1,091,353 | +€198,929 | +22.3% |
| Land and buildings | 22 | €691,592 | €821,766 | +€130,174 | +18.8% |
| Plant, machinery and equipment | 23 | €11,285 | €6,917 | -€4,368 | -38.7% |
| Furniture and vehicles | 24 | €31,238 | €67,062 | +€35,824 | +115% |
| Leasing and similar rights | 25 | €158,310 | €195,608 | +€37,298 | +23.6% |
| Financial fixed assets | 28 | €5,655 | €655 | -€5,000 | -88.4% |
| Current assets | 29/58 | €511,018 | €191,262 | -€319,756 | -62.6% |
| Amounts receivable within one year | 40/41 | €385,795 | €134,054 | -€251,741 | -65.3% |
| Trade receivables | 40 | €355,986 | €99,087 | -€256,899 | -72.2% |
| Other amounts receivable | 41 | €29,809 | €34,967 | +€5,158 | +17.3% |
| Current investments | 50/53 | €20,000 | €20,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €86,416 | €21,031 | -€65,384 | -75.7% |
| Deferred charges and accrued income | 490/1 | €18,808 | €16,176 | -€2,632 | -14.0% |
| Total equity and liabilities | 10/49 | €1,409,098 | €1,283,270 | -€125,828 | -8.9% |
| Equity | 10/15 | €502,017 | €274,210 | -€227,807 | -45.4% |
| Contributions | 10/11 | €22,456 | €22,456 | = | 0.0% |
| Reserves | 13 | €389,155 | €136,967 | -€252,188 | -64.8% |
| Tax-exempt reserves | 132 | €26,967 | €26,967 | = | 0.0% |
| Distributable reserves | 133 | €362,188 | €110,000 | -€252,188 | -69.6% |
| Profit (loss) carried forward | 14 | €90,406 | €114,788 | +€24,382 | +27.0% |
| Amounts payable | 17/49 | €907,081 | €1,009,059 | +€101,979 | +11.2% |
| Amounts payable after more than one year | 17 | €211,404 | €758,553 | +€547,149 | +259% |
| Financial debts | 170/4 | €211,404 | €758,553 | +€547,149 | +259% |
| Amounts payable within one year | 42/48 | €688,754 | €232,393 | -€456,360 | -66.3% |
| Current portion of amounts payable after more than one year | 42 | €61,294 | €144,685 | +€83,391 | +136% |
| Financial debts | 43 | €373,532 | - | -€373,532 | |
| Credit institutions | 430/8 | €373,532 | - | -€373,532 | |
| Trade debts | 44 | €154,390 | €59,849 | -€94,540 | -61.2% |
| Suppliers | 440/4 | €154,390 | €59,849 | -€94,540 | -61.2% |
| Taxes, remuneration and social security | 45 | €85,539 | €26,224 | -€59,314 | -69.3% |
| Taxes | 450/3 | €57,557 | €5,059 | -€52,498 | -91.2% |
| Remuneration and social security | 454/9 | €27,982 | €21,166 | -€6,816 | -24.4% |
| Other amounts payable | 47/48 | €14,000 | €1,635 | -€12,365 | -88.3% |
| Accrued charges and deferred income | 492/3 | €6,924 | €18,114 | +€11,190 | +162% |
| Remuneration, social security and pensions | 62 | €297,729 | €323,298 | +€25,570 | +8.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €70,672 | €114,318 | +€43,646 | +61.8% |
| Other operating charges | 640/8 | €31,977 | €8,003 | -€23,974 | -75.0% |
| Gross operating margin | 9900 | €643,514 | €266,071 | -€377,443 | -58.7% |
| Operating profit (loss) | 9901 | €243,136 | -€179,548 | -€422,684 | |
| Financial income | 75/76B | €277 | €221 | -€55 | -20.0% |
| Recurring financial income | 75 | €277 | €221 | -€55 | -20.0% |
| Financial charges | 65/66B | €37,091 | €48,273 | +€11,182 | +30.1% |
| Recurring financial charges | 65 | €37,091 | €48,273 | +€11,182 | +30.1% |
| Profit (loss) for the period before taxes | 9903 | €206,321 | -€227,600 | -€433,921 | |
| Income taxes | 67/77 | €48,563 | €207 | -€48,357 | -99.6% |
| Profit (loss) for the period | 9904 | €157,757 | -€227,807 | -€385,564 | |
| Profit (loss) for the period to be appropriated | 9905 | €157,757 | -€227,807 | -€385,564 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.