To Bee: 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.
To Bee
Largest movements
- Cash +€16,428
up €16,428 (+96.4%), from €17,042 to €33,470
mainly Depreciation (+€35,351) and Other debts (+€30,038)
- Tangible fixed assets +€7,249
up €7,249 (+5.2%), from €139,716 to €146,965
of which Land and buildings: +€38,790
- Other debts +€30,038
up €30,038 (+23.2%), from €129,580 to €159,617
- Reserves -€15,131
down €15,131 (-65.7%), from €23,023 to €7,892
- Tax, wage and social debts +€9,132
up €9,132 (+105.4%), from €8,666 to €17,797
of which Taxes: +€9,132
- Gross operating margin +€26,221
up €26,221 (+75.5%), from €34,728 to €60,950
- Depreciation +€10,983
up €10,983 (+45.1%), from €24,368 to €35,351
- Taxes +€3,698
up €3,698 (+107.8%), from €3,432 to €7,129
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 | €175,799 | €199,444 | +€23,645 | +13.5% |
| Fixed assets | 21/28 | €139,716 | €146,965 | +€7,249 | +5.2% |
| Tangible fixed assets | 22/27 | €139,716 | €146,965 | +€7,249 | +5.2% |
| Land and buildings | 22 | €8,429 | €47,219 | +€38,790 | +460.2% |
| Plant, machinery and equipment | 23 | €1,342 | €676 | -€667 | -49.7% |
| Furniture and vehicles | 24 | €129,944 | €99,070 | -€30,874 | -23.8% |
| Current assets | 29/58 | €36,083 | €52,479 | +€16,396 | +45.4% |
| Amounts receivable within one year | 40/41 | €19,041 | €19,009 | -€32 | -0.2% |
| Trade receivables | 40 | €18,707 | €19,009 | +€303 | +1.6% |
| Other amounts receivable | 41 | €335 | €0 | -€335 | -100.0% |
| Cash at bank and in hand | 54/58 | €17,042 | €33,470 | +€16,428 | +96.4% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €175,799 | €199,444 | +€23,645 | +13.5% |
| Equity | 10/15 | €33,023 | €17,892 | -€15,131 | -45.8% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €23,023 | €7,892 | -€15,131 | -65.7% |
| Distributable reserves | 133 | €23,023 | €7,892 | -€15,131 | -65.7% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €142,775 | €181,552 | +€38,777 | +27.2% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €142,478 | €181,135 | +€38,657 | +27.1% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €4,233 | €3,720 | -€513 | -12.1% |
| Suppliers | 440/4 | €4,233 | €3,720 | -€513 | -12.1% |
| Taxes, remuneration and social security | 45 | €8,666 | €17,797 | +€9,132 | +105.4% |
| Taxes | 450/3 | €8,666 | €17,797 | +€9,132 | +105.4% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €129,580 | €159,617 | +€30,038 | +23.2% |
| Accrued charges and deferred income | 492/3 | €297 | €417 | +€120 | +40.4% |
| Remuneration, social security and pensions | 62 | €1,020 | €571 | -€449 | -44.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,368 | €35,351 | +€10,983 | +45.1% |
| Other operating charges | 640/8 | €1,251 | €979 | -€272 | -21.7% |
| Gross operating margin | 9900 | €34,728 | €60,950 | +€26,221 | +75.5% |
| Operating profit (loss) | 9901 | €8,090 | €24,049 | +€15,959 | +197.3% |
| Financial income | 75/76B | €9 | €110 | +€101 | +1115.9% |
| Recurring financial income | 75 | €9 | €110 | +€101 | +1115.9% |
| Financial charges | 65/66B | €861 | €338 | -€523 | -60.7% |
| Recurring financial charges | 65 | €861 | €338 | -€523 | -60.7% |
| Profit (loss) for the period before taxes | 9903 | €7,238 | €23,821 | +€16,583 | +229.1% |
| Income taxes | 67/77 | €3,432 | €7,129 | +€3,698 | +107.8% |
| Profit (loss) for the period | 9904 | €3,806 | €16,692 | +€12,886 | +338.5% |
| Profit (loss) for the period to be appropriated | 9905 | €3,806 | €16,692 | +€12,886 | +338.5% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.