TWO BEE CONSULT: 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.
TWO BEE CONSULT
Largest movements
- Receivables within one year +€46,946
up €46,946 (+96.6%), from €48,590 to €95,536
of which Other amounts receivable: +€46,422
- Cash -€27,363
down €27,363 (-55.2%), from €49,547 to €22,184
mainly Receivables within one year (-€46,946) and Tax, wage and social debts (-€12,425)
- Reserves +€32,772
up €32,772 (+51.3%), from €63,838 to €96,610
- Tax, wage and social debts -€12,425
down €12,425 (-56.0%), from €22,168 to €9,743
- Gross operating margin -€39,800
down €39,800 (-49.5%), from €80,458 to €40,658
- Taxes -€7,579
down €7,579 (-45.1%), from €16,800 to €9,221
- Financial income +€1,930
up €1,930 (+144.7%), from €1,334 to €3,264
- Depreciation +€808
up €808 (+138.7%), from €583 to €1,391
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 | €101,020 | €121,353 | +€20,333 | +20.1% |
| Fixed assets | 21/28 | €2,883 | €3,633 | +€750 | +26.0% |
| Tangible fixed assets | 22/27 | €2,883 | €3,633 | +€750 | +26.0% |
| Plant, machinery and equipment | 23 | €2,883 | €3,633 | +€750 | +26.0% |
| Current assets | 29/58 | €98,137 | €117,720 | +€19,583 | +20.0% |
| Amounts receivable within one year | 40/41 | €48,590 | €95,536 | +€46,946 | +96.6% |
| Trade receivables | 40 | €13,301 | €13,825 | +€524 | +3.9% |
| Other amounts receivable | 41 | €35,289 | €81,711 | +€46,422 | +131.6% |
| Cash at bank and in hand | 54/58 | €49,547 | €22,184 | -€27,363 | -55.2% |
| Total equity and liabilities | 10/49 | €101,020 | €121,353 | +€20,333 | +20.1% |
| Equity | 10/15 | €78,838 | €111,610 | +€32,772 | +41.6% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Reserves | 13 | €63,838 | €96,610 | +€32,772 | +51.3% |
| Distributable reserves | 133 | €63,838 | €96,610 | +€32,772 | +51.3% |
| Amounts payable | 17/49 | €22,183 | €9,743 | -€12,440 | -56.1% |
| Amounts payable within one year | 42/48 | €22,183 | €9,743 | -€12,440 | -56.1% |
| Trade debts | 44 | €14 | - | -€14 | |
| Suppliers | 440/4 | €14 | - | -€14 | |
| Taxes, remuneration and social security | 45 | €22,168 | €9,743 | -€12,425 | -56.0% |
| Taxes | 450/3 | €22,168 | €9,743 | -€12,425 | -56.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €583 | €1,391 | +€808 | +138.7% |
| Other operating charges | 640/8 | €512 | €435 | -€78 | -15.2% |
| Gross operating margin | 9900 | €80,458 | €40,658 | -€39,800 | -49.5% |
| Operating profit (loss) | 9901 | €79,363 | €38,832 | -€40,531 | -51.1% |
| Financial income | 75/76B | €1,334 | €3,264 | +€1,930 | +144.7% |
| Recurring financial income | 75 | €1,334 | €3,264 | +€1,930 | +144.7% |
| Financial charges | 65/66B | €60 | €104 | +€44 | +72.9% |
| Recurring financial charges | 65 | €60 | €104 | +€44 | +72.9% |
| Profit (loss) for the period before taxes | 9903 | €80,637 | €41,993 | -€38,644 | -47.9% |
| Income taxes | 67/77 | €16,800 | €9,221 | -€7,579 | -45.1% |
| Profit (loss) for the period | 9904 | €63,838 | €32,772 | -€31,065 | -48.7% |
| Profit (loss) for the period to be appropriated | 9905 | €63,838 | €32,772 | -€31,065 | -48.7% |
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 29 September 2026 via checked.be.