Bebreba: 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.
Bebreba
Largest movements
- Tangible fixed assets -€1.0m
down €1.0m (-17.9%), from €5.9m to €4.8m
- Cash +€215,902
up €215,902 (+573.8%), from €37,625 to €253,527
mainly Investment in fixed assets (net) (+€810,606) and Depreciation (+€238,171)
- Deferred charges and accrued income +€195,216
up €195,216, from €0 to €195,216
- Short-term financial debts -€1.1m
down €1.1m (-91.7%), from €1.2m to €100,000
- Reserves +€235,281
up €235,281 (+113.9%), from €206,626 to €441,907
- Debts after one year +€216,369
up €216,369 (+6.7%), from €3.2m to €3.4m
of which Financial debts: +€216,369
- Gross operating margin +€272,692
up €272,692 (+78.1%), from €349,183 to €621,875
- Financial charges -€13,703
down €13,703 (-7.9%), from €174,010 to €160,306
- Other operating charges +€12,405
up €12,405 (+110.8%), from €11,191 to €23,596
- Depreciation +€7,074
up €7,074 (+3.1%), from €231,097 to €238,171
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 | €5,913,689 | €5,311,987 | -€601,703 | -10.2% |
| Fixed assets | 21/28 | €5,867,403 | €4,818,626 | -€1.0m | -17.9% |
| Tangible fixed assets | 22/27 | €5,867,403 | €4,818,626 | -€1.0m | -17.9% |
| Land and buildings | 22 | €5,867,403 | €4,818,626 | -€1.0m | -17.9% |
| Current assets | 29/58 | €46,287 | €493,361 | +€447,074 | +965.9% |
| Amounts receivable within one year | 40/41 | €8,661 | €44,617 | +€35,956 | +415.1% |
| Trade receivables | 40 | €0 | €44,617 | +€44,617 | |
| Other amounts receivable | 41 | €8,661 | €0 | -€8,661 | -100.0% |
| Cash at bank and in hand | 54/58 | €37,625 | €253,527 | +€215,902 | +573.8% |
| Deferred charges and accrued income | 490/1 | €0 | €195,216 | +€195,216 | |
| Total equity and liabilities | 10/49 | €5,913,689 | €5,311,987 | -€601,703 | -10.2% |
| Equity | 10/15 | €1,216,183 | €1,417,639 | +€201,456 | +16.6% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Revaluation surpluses | 12 | €989,726 | €945,733 | -€43,993 | -4.4% |
| Reserves | 13 | €206,626 | €441,907 | +€235,281 | +113.9% |
| Distributable reserves | 133 | €206,626 | €441,907 | +€235,281 | +113.9% |
| Profit (loss) carried forward | 14 | -€10,169 | €0 | +€10,169 | |
| Amounts payable | 17/49 | €4,697,506 | €3,894,347 | -€803,159 | -17.1% |
| Amounts payable after more than one year | 17 | €3,223,205 | €3,439,574 | +€216,369 | +6.7% |
| Financial debts | 170/4 | €2,600,205 | €2,816,574 | +€216,369 | +8.3% |
| Other amounts payable | 178/9 | €623,000 | €623,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €1,463,627 | €443,475 | -€1.0m | -69.7% |
| Current portion of amounts payable after more than one year | 42 | €154,533 | €158,631 | +€4,098 | +2.7% |
| Financial debts | 43 | €1,200,000 | €100,000 | -€1.1m | -91.7% |
| Credit institutions | 430/8 | €1,200,000 | €100,000 | -€1.1m | -91.7% |
| Trade debts | 44 | €4,140 | €21,356 | +€17,216 | +415.9% |
| Suppliers | 440/4 | €4,140 | €21,356 | +€17,216 | +415.9% |
| Taxes, remuneration and social security | 45 | €385 | €34,068 | +€33,683 | +8749.8% |
| Taxes | 450/3 | €385 | €34,068 | +€33,683 | +8749.8% |
| Other amounts payable | 47/48 | €104,570 | €129,420 | +€24,850 | +23.8% |
| Accrued charges and deferred income | 492/3 | €10,674 | €11,299 | +€625 | +5.9% |
| Non-recurring operating income | 76A | - | €349,426 | +€349,426 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €231,097 | €238,171 | +€7,074 | +3.1% |
| Other operating charges | 640/8 | €11,191 | €23,596 | +€12,405 | +110.8% |
| Non-recurring operating charges | 66A | - | -€1,648 | -€1,648 | |
| Gross operating margin | 9900 | €349,183 | €621,875 | +€272,692 | +78.1% |
| Operating profit (loss) | 9901 | €106,895 | €361,756 | +€254,861 | +238.4% |
| Financial income | 75/76B | - | €6 | +€6 | |
| Recurring financial income | 75 | - | €6 | +€6 | |
| Financial charges | 65/66B | €174,010 | €160,306 | -€13,703 | -7.9% |
| Recurring financial charges | 65 | €174,010 | €160,306 | -€13,703 | -7.9% |
| Profit (loss) for the period before taxes | 9903 | -€67,114 | €201,456 | +€268,570 | |
| Profit (loss) for the period | 9904 | -€67,114 | €201,456 | +€268,570 | |
| Profit (loss) for the period to be appropriated | 9905 | -€67,114 | €201,456 | +€268,570 |
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 9 October 2026 via checked.be.