Be-val: 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.
Be-val
Largest movements
- Cash -€1,873
down €1,873 (-98.9%), from €1,894 to €21
mainly Current portion of long-term debt (-€3,434) and Net result for the year (-€3,198)
- Short-term financial debts +€3,500
up €3,500 (+16.3%), from €21,500 to €25,000
- Current portion of long-term debt -€3,434
down €3,434 (-77.4%), from €4,434 to €1,000
- Profit (loss) carried forward -€3,198
down €3,198 (-63.3%), from -€5,056 to -€8,254
- Trade debts +€2,144
up €2,144 (+8.4%), from €25,543 to €27,687
- Tax, wage and social debts -€1,206
down €1,206 (-37.9%), from €3,181 to €1,975
of which Taxes: -€1,206
- Gross operating margin +€1,719
up €1,719 (+71.8%), from -€2,394 to -€675
- Purchases and services +€675
new in 2025: €675
- Financial charges -€416
down €416 (-18.0%), from €2,312 to €1,897
- Other operating charges -€316
down €316 (-33.5%), from €943 to €627
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 | €56,553 | €54,357 | -€2,195 | -3.9% |
| Current assets | 29/58 | €56,553 | €54,357 | -€2,195 | -3.9% |
| Amounts receivable within one year | 40/41 | €54,659 | €54,315 | -€344 | -0.6% |
| Trade receivables | 40 | €51,167 | €50,823 | -€344 | -0.7% |
| Other amounts receivable | 41 | €3,492 | €3,492 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €1,894 | €21 | -€1,873 | -98.9% |
| Deferred charges and accrued income | 490/1 | - | €22 | +€22 | |
| Total equity and liabilities | 10/49 | €56,553 | €54,357 | -€2,195 | -3.9% |
| Equity | 10/15 | €1,144 | -€2,054 | -€3,198 | |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,056 | -€8,254 | -€3,198 | -63.3% |
| Amounts payable | 17/49 | €55,409 | €56,412 | +€1,003 | +1.8% |
| Amounts payable within one year | 42/48 | €55,409 | €56,412 | +€1,003 | +1.8% |
| Current portion of amounts payable after more than one year | 42 | €4,434 | €1,000 | -€3,434 | -77.4% |
| Financial debts | 43 | €21,500 | €25,000 | +€3,500 | +16.3% |
| Credit institutions | 430/8 | €21,500 | €25,000 | +€3,500 | +16.3% |
| Trade debts | 44 | €25,543 | €27,687 | +€2,144 | +8.4% |
| Suppliers | 440/4 | €25,543 | €27,687 | +€2,144 | +8.4% |
| Advances received on contracts in progress | 46 | €750 | €750 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €3,181 | €1,975 | -€1,206 | -37.9% |
| Taxes | 450/3 | €3,165 | €1,959 | -€1,206 | -38.1% |
| Remuneration and social security | 454/9 | €16 | €16 | = | 0.0% |
| Turnover | 70 | €0 | - | = | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €675 | +€675 | |
| Other operating charges | 640/8 | €943 | €627 | -€316 | -33.5% |
| Gross operating margin | 9900 | -€2,394 | -€675 | +€1,719 | +71.8% |
| Operating profit (loss) | 9901 | -€3,337 | -€1,302 | +€2,035 | +61.0% |
| Financial charges | 65/66B | €2,312 | €1,897 | -€416 | -18.0% |
| Recurring financial charges | 65 | €2,312 | €1,897 | -€416 | -18.0% |
| Profit (loss) for the period before taxes | 9903 | -€5,649 | -€3,198 | +€2,451 | +43.4% |
| Profit (loss) for the period | 9904 | -€5,649 | -€3,198 | +€2,451 | +43.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,649 | -€3,198 | +€2,451 | +43.4% |
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 27 October 2026 via checked.be.