CH - BEHEER: 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.
CH - BEHEER
Largest movements
- Receivables within one year +€66,600
up €66,600 (+672.7%), from €9,900 to €76,500
- Cash +€26,336
up €26,336 (+125.1%), from €21,052 to €47,388
mainly Net result for the year (+€91,346) and Short-term financial debts (+€20,000)
- Tangible fixed assets -€12,190
down €12,190 (-3.8%), from €317,371 to €305,181
- Reserves +€91,346
up €91,346 (+18.3%), from €497,928 to €589,274
- Debts after one year -€31,197
down €31,197 (-48.4%), from €64,436 to €33,240
- Short-term financial debts +€20,000
new in 2025: €20,000
- Gross operating margin +€58,348
up €58,348 (+105.1%), from €55,542 to €113,890
- Taxes +€16,472
up €16,472 (+127.6%), from €12,910 to €29,382
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 | €646,563 | €727,329 | +€80,766 | +12.5% |
| Fixed assets | 21/28 | €613,903 | €601,713 | -€12,190 | -2.0% |
| Tangible fixed assets | 22/27 | €317,371 | €305,181 | -€12,190 | -3.8% |
| Land and buildings | 22 | €317,371 | €305,181 | -€12,190 | -3.8% |
| Financial fixed assets | 28 | €296,532 | €296,532 | = | 0.0% |
| Current assets | 29/58 | €32,660 | €125,616 | +€92,956 | +284.6% |
| Amounts receivable within one year | 40/41 | €9,900 | €76,500 | +€66,600 | +672.7% |
| Trade receivables | 40 | €9,900 | €76,500 | +€66,600 | +672.7% |
| Cash at bank and in hand | 54/58 | €21,052 | €47,388 | +€26,336 | +125.1% |
| Deferred charges and accrued income | 490/1 | €1,707 | €1,728 | +€21 | +1.2% |
| Total equity and liabilities | 10/49 | €646,563 | €727,329 | +€80,766 | +12.5% |
| Equity | 10/15 | €567,693 | €659,038 | +€91,346 | +16.1% |
| Contributions | 10/11 | €69,764 | €69,764 | = | 0.0% |
| Reserves | 13 | €497,928 | €589,274 | +€91,346 | +18.3% |
| Distributable reserves | 133 | €497,928 | €589,274 | +€91,346 | +18.3% |
| Amounts payable | 17/49 | €78,870 | €68,291 | -€10,579 | -13.4% |
| Amounts payable after more than one year | 17 | €64,436 | €33,240 | -€31,197 | -48.4% |
| Other amounts payable | 178/9 | €64,436 | €33,240 | -€31,197 | -48.4% |
| Amounts payable within one year | 42/48 | €10,961 | €32,174 | +€21,213 | +193.5% |
| Financial debts | 43 | - | €20,000 | +€20,000 | |
| Credit institutions | 430/8 | - | €20,000 | +€20,000 | |
| Trade debts | 44 | €1,025 | €824 | -€201 | -19.6% |
| Suppliers | 440/4 | €1,025 | €824 | -€201 | -19.6% |
| Taxes, remuneration and social security | 45 | €9,400 | €10,836 | +€1,436 | +15.3% |
| Taxes | 450/3 | €9,400 | €10,836 | +€1,436 | +15.3% |
| Other amounts payable | 47/48 | €536 | €514 | -€22 | -4.1% |
| Accrued charges and deferred income | 492/3 | €3,473 | €2,877 | -€596 | -17.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,190 | €12,190 | = | 0.0% |
| Other operating charges | 640/8 | €2,828 | €2,830 | +€2 | +0.1% |
| Gross operating margin | 9900 | €55,542 | €113,890 | +€58,348 | +105.1% |
| Operating profit (loss) | 9901 | €40,524 | €98,870 | +€58,346 | +144.0% |
| Financial income | 75/76B | €23,325 | €24,092 | +€768 | +3.3% |
| Recurring financial income | 75 | €23,325 | €24,092 | +€768 | +3.3% |
| Financial charges | 65/66B | €2,678 | €2,234 | -€444 | -16.6% |
| Recurring financial charges | 65 | €2,678 | €2,234 | -€444 | -16.6% |
| Profit (loss) for the period before taxes | 9903 | €61,170 | €120,728 | +€59,558 | +97.4% |
| Income taxes | 67/77 | €12,910 | €29,382 | +€16,472 | +127.6% |
| Profit (loss) for the period | 9904 | €48,260 | €91,346 | +€43,085 | +89.3% |
| Profit (loss) for the period to be appropriated | 9905 | €48,260 | €91,346 | +€43,085 | +89.3% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.