BEVERT: what changed
BEVERT
Largest movements
- Cash -€87,728
down €87,728 (-20.0%), from €438,983 to €351,255
mainly Investment in fixed assets (net) (-€152,711) and Receivables within one year (-€86,635)
- Receivables within one year +€86,635
up €86,635 (+15.7%), from €550,194 to €636,828
of which Other amounts receivable: +€46,883
- Tangible fixed assets -€42,077
down €42,077 (-3.6%), from €1.2m to €1.1m
of which Plant, machinery and equipment: -€72,953
- Tax, wage and social debts -€84,407
down €84,407 (-50.8%), from €166,292 to €81,885
of which Taxes: -€54,049
- Reserves +€47,951
up €47,951 (+3.4%), from €1.4m to €1.5m
of which Distributable reserves: +€47,951
- Debts after one year -€26,518
down €26,518 (-6.3%), from €422,056 to €395,539
- Current portion of long-term debt +€23,184
up €23,184 (+139%), from €16,667 to €39,851
- Turnover -€1.4m
no longer reported in 2025 (was €1.4m)
- Purchases and services -€810,549
no longer reported in 2025 (was €810,549)
- Gross operating margin +€65,671
up €65,671 (+11.5%), from €570,226 to €635,897
- Staff costs -€30,309
down €30,309 (-8.5%), from €358,666 to €328,357
- Other operating charges +€27,939
up €27,939 (+1,017%), from €2,747 to €30,686
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,162,551 | €2,122,747 | -€39,804 | -1.8% |
| Fixed assets | 21/28 | €1,167,570 | €1,125,493 | -€42,077 | -3.6% |
| Intangible fixed assets | 21 | €1,125 | €1,125 | = | 0.0% |
| Tangible fixed assets | 22/27 | €1,165,436 | €1,123,359 | -€42,077 | -3.6% |
| Land and buildings | 22 | €637,055 | €689,200 | +€52,146 | +8.2% |
| Plant, machinery and equipment | 23 | €357,126 | €284,173 | -€72,953 | -20.4% |
| Furniture and vehicles | 24 | €65,084 | €50,616 | -€14,468 | -22.2% |
| Leasing and similar rights | 25 | - | €7,778 | +€7,778 | |
| Other tangible fixed assets | 26 | €106,172 | €91,592 | -€14,580 | -13.7% |
| Financial fixed assets | 28 | €1,009 | €1,009 | = | 0.0% |
| Current assets | 29/58 | €994,982 | €997,254 | +€2,273 | +0.2% |
| Amounts receivable within one year | 40/41 | €550,194 | €636,828 | +€86,635 | +15.7% |
| Trade receivables | 40 | €348,401 | €388,152 | +€39,751 | +11.4% |
| Other amounts receivable | 41 | €201,793 | €248,676 | +€46,883 | +23.2% |
| Cash at bank and in hand | 54/58 | €438,983 | €351,255 | -€87,728 | -20.0% |
| Deferred charges and accrued income | 490/1 | €5,805 | €9,171 | +€3,366 | +58.0% |
| Total equity and liabilities | 10/49 | €2,162,551 | €2,122,747 | -€39,804 | -1.8% |
| Equity | 10/15 | €1,472,377 | €1,520,328 | +€47,951 | +3.3% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €1,411,926 | €1,459,877 | +€47,951 | +3.4% |
| Non-distributable reserves | 130/1 | €3,000 | €3,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,000 | €3,000 | = | 0.0% |
| Distributable reserves | 133 | €1,408,926 | €1,456,877 | +€47,951 | +3.4% |
| Profit (loss) carried forward | 14 | €30,450 | €30,450 | = | 0.0% |
| Amounts payable | 17/49 | €690,175 | €602,419 | -€87,755 | -12.7% |
| Amounts payable after more than one year | 17 | €422,056 | €395,539 | -€26,518 | -6.3% |
| Financial debts | 170/4 | €422,056 | €395,539 | -€26,518 | -6.3% |
| Amounts payable within one year | 42/48 | €268,118 | €206,881 | -€61,237 | -22.8% |
| Current portion of amounts payable after more than one year | 42 | €16,667 | €39,851 | +€23,184 | +139% |
| Trade debts | 44 | €84,159 | €80,176 | -€3,983 | -4.7% |
| Suppliers | 440/4 | €84,159 | €80,176 | -€3,983 | -4.7% |
| Advances received on contracts in progress | 46 | €1,000 | €1,000 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €166,292 | €81,885 | -€84,407 | -50.8% |
| Taxes | 450/3 | €54,049 | - | -€54,049 | |
| Remuneration and social security | 454/9 | €112,243 | €81,885 | -€30,358 | -27.0% |
| Other amounts payable | 47/48 | - | €3,969 | +€3,969 | |
| Turnover | 70 | €1,380,775 | - | -€1.4m | |
| Goods, raw materials, services and sundry goods | 60/61 | €810,549 | - | -€810,549 | |
| Remuneration, social security and pensions | 62 | €358,666 | €328,357 | -€30,309 | -8.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €177,402 | €194,788 | +€17,386 | +9.8% |
| Other operating charges | 640/8 | €2,747 | €30,686 | +€27,939 | +1,017% |
| Gross operating margin | 9900 | €570,226 | €635,897 | +€65,671 | +11.5% |
| Operating profit (loss) | 9901 | €31,411 | €82,065 | +€50,654 | +161% |
| Financial income | 75/76B | €4,478 | €5,358 | +€880 | +19.6% |
| Recurring financial income | 75 | €4,478 | €3,336 | -€1,143 | -25.5% |
| Non-recurring financial income | 76B | - | €2,023 | +€2,023 | |
| Financial charges | 65/66B | €10,236 | €13,365 | +€3,129 | +30.6% |
| Recurring financial charges | 65 | €10,236 | €13,365 | +€3,129 | +30.6% |
| Profit (loss) for the period before taxes | 9903 | €25,653 | €74,058 | +€48,405 | +189% |
| Income taxes | 67/77 | €8,350 | €26,107 | +€17,757 | +213% |
| Profit (loss) for the period | 9904 | €17,303 | €47,951 | +€30,648 | +177% |
| Profit (loss) for the period to be appropriated | 9905 | €17,303 | €47,951 | +€30,648 | +177% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.