DE BEES: 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.
DE BEES
Largest movements
- Cash +€7,530
up €7,530 (+84.4%), from €8,921 to €16,451
mainly Depreciation (+€6,531) and Receivables within one year (+€2,476)
- Tangible fixed assets -€6,336
down €6,336 (-18.3%), from €34,533 to €28,197
of which Leasing and similar rights: -€4,764
- Receivables within one year -€2,476
down €2,476 (-12.6%), from €19,667 to €17,191
of which Other amounts receivable: -€19,652
- Financial fixed assets -€701
no longer reported in 2025 (was €701)
- Debts after one year -€5,602
down €5,602 (-85.5%), from €6,555 to €953
- Other debts +€2,443
up €2,443, from €0 to €2,443
- Trade debts +€1,241
up €1,241, from €0 to €1,241
- Depreciation -€119,526
down €119,526 (-94.8%), from €126,057 to €6,531
- Gross operating margin -€117,310
down €117,310 (-92.6%), from €126,643 to €9,333
- Turnover -€114,011
down €114,011 (-74.2%), from €153,738 to €39,727
- Purchases and services +€6,009
up €6,009 (+22.2%), from €27,095 to €33,104
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 | €64,072 | €62,412 | -€1,660 | -2.6% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €35,234 | €28,197 | -€7,037 | -20.0% |
| Tangible fixed assets | 22/27 | €34,533 | €28,197 | -€6,336 | -18.3% |
| Land and buildings | 22 | €20,411 | €20,411 | -€0 | 0.0% |
| Plant, machinery and equipment | 23 | €6,461 | €4,890 | -€1,571 | -24.3% |
| Furniture and vehicles | 24 | €2,897 | €2,897 | -€0 | 0.0% |
| Leasing and similar rights | 25 | €4,764 | €0 | -€4,764 | -100.0% |
| Financial fixed assets | 28 | €701 | - | -€701 | |
| Current assets | 29/58 | €28,838 | €34,216 | +€5,378 | +18.6% |
| Amounts receivable after more than one year | 29 | €0 | €0 | = | |
| Trade receivables | 290 | €0 | €0 | = | |
| Other amounts receivable | 291 | €0 | €0 | = | |
| Stocks and contracts in progress | 3 | €0 | €0 | = | |
| Stocks | 30/36 | €0 | €0 | = | |
| Contracts in progress | 37 | €0 | €0 | = | |
| Amounts receivable within one year | 40/41 | €19,667 | €17,191 | -€2,476 | -12.6% |
| Trade receivables | 40 | €0 | €17,176 | +€17,176 | |
| Other amounts receivable | 41 | €19,667 | €15 | -€19,652 | -99.9% |
| Current investments | 50/53 | €250 | €250 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €8,921 | €16,451 | +€7,530 | +84.4% |
| Deferred charges and accrued income | 490/1 | €0 | €325 | +€325 | |
| Total equity and liabilities | 10/49 | €64,072 | €62,412 | -€1,660 | -2.6% |
| Equity | 10/15 | €57,517 | €57,687 | +€170 | +0.3% |
| Contributions | 10/11 | €128,905 | €128,905 | = | 0.0% |
| Capital | 10 | €128,905 | €128,905 | = | 0.0% |
| Issued capital | 100 | €128,905 | €128,905 | = | 0.0% |
| Revaluation surpluses | 12 | €32,796 | €32,796 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | +€0 | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | +€0 | 0.0% |
| Legal reserve | 130 | €1,859 | €1,859 | +€0 | 0.0% |
| Profit (loss) carried forward | 14 | -€106,043 | -€105,873 | +€170 | +0.2% |
| Amounts payable | 17/49 | €6,555 | €4,725 | -€1,830 | -27.9% |
| Amounts payable after more than one year | 17 | €6,555 | €953 | -€5,602 | -85.5% |
| Financial debts | 170/4 | €6,555 | €953 | -€5,602 | -85.5% |
| Amounts payable within one year | 42/48 | €0 | €3,740 | +€3,740 | |
| Trade debts | 44 | €0 | €1,241 | +€1,241 | |
| Suppliers | 440/4 | €0 | €1,241 | +€1,241 | |
| Taxes, remuneration and social security | 45 | €0 | €56 | +€56 | |
| Taxes | 450/3 | €0 | €32 | +€32 | |
| Remuneration and social security | 454/9 | €0 | €24 | +€24 | |
| Other amounts payable | 47/48 | €0 | €2,443 | +€2,443 | |
| Accrued charges and deferred income | 492/3 | €0 | €32 | +€32 | |
| Turnover | 70 | €153,738 | €39,727 | -€114,011 | -74.2% |
| Goods, raw materials, services and sundry goods | 60/61 | €27,095 | €33,104 | +€6,009 | +22.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €126,057 | €6,531 | -€119,526 | -94.8% |
| Other operating charges | 640/8 | €2,025 | €2,522 | +€497 | +24.6% |
| Gross operating margin | 9900 | €126,643 | €9,333 | -€117,310 | -92.6% |
| Operating profit (loss) | 9901 | -€1,439 | €279 | +€1,718 | |
| Financial income | 75/76B | €16 | €201 | +€185 | +1153.8% |
| Recurring financial income | 75 | €16 | €201 | +€185 | +1153.8% |
| Financial charges | 65/66B | €458 | €310 | -€148 | -32.3% |
| Recurring financial charges | 65 | €458 | €310 | -€148 | -32.3% |
| Profit (loss) for the period before taxes | 9903 | -€1,881 | €170 | +€2,051 | |
| Profit (loss) for the period | 9904 | -€1,881 | €170 | +€2,051 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,881 | €170 | +€2,051 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.