Save The Bees: 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.
Save The Bees
Largest movements
- Receivables within one year -€13,602
down €13,602 (-32.4%), from €41,940 to €28,337
of which Trade receivables: -€14,728
- Tangible fixed assets -€5,534
down €5,534 (-23.4%), from €23,611 to €18,077
of which Plant, machinery and equipment: -€5,217
- Intangible fixed assets -€5,097
down €5,097 (-25.9%), from €19,652 to €14,555
- Cash -€2,881
down €2,881 (-39.5%), from €7,298 to €4,417
mainly Net result for the year (-€57,944) and Trade debts (-€7,632)
- Stocks and contracts -€1,303
down €1,303 (-6.6%), from €19,790 to €18,487
- Profit (loss) carried forward -€57,944
down €57,944 (-110%), from -€52,537 to -€110,482
- Debts after one year +€38,580
up €38,580 (+59.4%), from €65,000 to €103,580
- Trade debts -€7,632
down €7,632 (-69.8%), from €10,940 to €3,308
- Other debts -€2,081
down €2,081 (-54.2%), from €3,839 to €1,758
- Gross operating margin +€22,403
up €22,403 (+66.2%), from -€33,838 to -€11,435
- Other operating charges +€17,129
up €17,129 (+304%), from €5,634 to €22,763
- Staff costs +€10,445
up €10,445 (+516%), from €2,024 to €12,469
- Depreciation +€351
up €351 (+3.2%), from €10,876 to €11,227
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 | €114,430 | €85,023 | -€29,407 | -25.7% |
| Formation expenses | 20 | €846 | €626 | -€220 | -26.0% |
| Fixed assets | 21/28 | €43,763 | €32,632 | -€11,131 | -25.4% |
| Intangible fixed assets | 21 | €19,652 | €14,555 | -€5,097 | -25.9% |
| Tangible fixed assets | 22/27 | €23,611 | €18,077 | -€5,534 | -23.4% |
| Plant, machinery and equipment | 23 | €21,057 | €15,839 | -€5,217 | -24.8% |
| Furniture and vehicles | 24 | €121 | €81 | -€40 | -33.3% |
| Other tangible fixed assets | 26 | €2,433 | €2,156 | -€276 | -11.4% |
| Financial fixed assets | 28 | €500 | - | -€500 | |
| Current assets | 29/58 | €69,821 | €51,765 | -€18,056 | -25.9% |
| Stocks and contracts in progress | 3 | €19,790 | €18,487 | -€1,303 | -6.6% |
| Stocks | 30/36 | €19,790 | €18,487 | -€1,303 | -6.6% |
| Amounts receivable within one year | 40/41 | €41,940 | €28,337 | -€13,602 | -32.4% |
| Trade receivables | 40 | €17,478 | €2,750 | -€14,728 | -84.3% |
| Other amounts receivable | 41 | €24,462 | €25,587 | +€1,125 | +4.6% |
| Cash at bank and in hand | 54/58 | €7,298 | €4,417 | -€2,881 | -39.5% |
| Deferred charges and accrued income | 490/1 | €793 | €525 | -€269 | -33.8% |
| Total equity and liabilities | 10/49 | €114,430 | €85,023 | -€29,407 | -25.7% |
| Equity | 10/15 | €32,960 | -€24,984 | -€57,944 | |
| Contributions | 10/11 | €84,050 | €84,050 | = | 0.0% |
| Contributions outside capital | 11 | €84,050 | €84,050 | = | 0.0% |
| Other | 1109/19 | €84,050 | €84,050 | = | 0.0% |
| Reserves | 13 | €1,448 | €1,448 | = | 0.0% |
| Distributable reserves | 133 | €1,448 | €1,448 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€52,537 | -€110,482 | -€57,944 | -110% |
| Amounts payable | 17/49 | €81,470 | €110,007 | +€28,538 | +35.0% |
| Amounts payable after more than one year | 17 | €65,000 | €103,580 | +€38,580 | +59.4% |
| Other amounts payable | 178/9 | €65,000 | €103,580 | +€38,580 | +59.4% |
| Amounts payable within one year | 42/48 | €16,347 | €6,428 | -€9,920 | -60.7% |
| Trade debts | 44 | €10,940 | €3,308 | -€7,632 | -69.8% |
| Suppliers | 440/4 | €10,940 | €3,308 | -€7,632 | -69.8% |
| Advances received on contracts in progress | 46 | €108 | - | -€108 | |
| Taxes, remuneration and social security | 45 | €1,460 | €1,362 | -€98 | -6.7% |
| Taxes | 450/3 | - | €1,362 | +€1,362 | |
| Remuneration and social security | 454/9 | €1,460 | - | -€1,460 | |
| Other amounts payable | 47/48 | €3,839 | €1,758 | -€2,081 | -54.2% |
| Accrued charges and deferred income | 492/3 | €123 | - | -€123 | |
| Remuneration, social security and pensions | 62 | €2,024 | €12,469 | +€10,445 | +516% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,876 | €11,227 | +€351 | +3.2% |
| Other operating charges | 640/8 | €5,634 | €22,763 | +€17,129 | +304% |
| Gross operating margin | 9900 | -€33,838 | -€11,435 | +€22,403 | +66.2% |
| Operating profit (loss) | 9901 | -€52,373 | -€57,894 | -€5,521 | -10.5% |
| Financial income | 75/76B | €40 | €5 | -€34 | -87.2% |
| Recurring financial income | 75 | €40 | €5 | -€34 | -87.2% |
| Financial charges | 65/66B | €55 | €56 | +€1 | +1.2% |
| Recurring financial charges | 65 | €55 | €56 | +€1 | +1.2% |
| Profit (loss) for the period before taxes | 9903 | -€52,388 | -€57,944 | -€5,556 | -10.6% |
| Income taxes | 67/77 | €149 | - | -€149 | |
| Profit (loss) for the period | 9904 | -€52,537 | -€57,944 | -€5,407 | -10.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€52,537 | -€57,944 | -€5,407 | -10.3% |
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 15 October 2026 via checked.be.