BE FIRE: 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 FIRE
Largest movements
- Receivables within one year -€209,072
down €209,072 (-39.2%), from €532,920 to €323,847
of which Other amounts receivable: -€240,468
- Current investments -€174,636
no longer reported in 2025 (was €174,636)
- Cash +€171,348
up €171,348 (+27.0%), from €635,645 to €806,992
mainly Other debts (+€310,509) and Net result for the year (+€273,652)
- Other debts +€310,509
up €310,509 (+8.1%), from €3.8m to €4.1m
- Tax, wage and social debts -€248,380
down €248,380 (-74.8%), from €331,915 to €83,535
of which Taxes: -€249,962
- Profit (loss) carried forward -€226,348
down €226,348 (-21.8%), from €1.0m to €810,021
- Debts after one year -€218,312
down €218,312 (-32.9%), from €663,780 to €445,468
- Short-term financial debts +€107,078
up €107,078 (+249%), from €42,922 to €150,000
- Financial income -€518,319
down €518,319 (-65.2%), from €795,200 to €276,882
- Gross operating margin -€26,037
down €26,037 (-28.5%), from €91,305 to €65,268
- Taxes -€9,593
down €9,593 (-95.8%), from €10,010 to €417
- Financial charges +€7,252
up €7,252 (+13.0%), from €55,993 to €63,245
- Staff costs +€4,349
new in 2025: €4,349
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 | €7,547,005 | €7,322,592 | -€224,413 | -3.0% |
| Fixed assets | 21/28 | €6,191,804 | €6,191,699 | -€106 | 0.0% |
| Tangible fixed assets | 22/27 | €473 | €187 | -€286 | -60.5% |
| Plant, machinery and equipment | 23 | €473 | €187 | -€286 | -60.5% |
| Financial fixed assets | 28 | €6,191,331 | €6,191,512 | +€181 | 0.0% |
| Current assets | 29/58 | €1,355,200 | €1,130,893 | -€224,307 | -16.6% |
| Amounts receivable within one year | 40/41 | €532,920 | €323,847 | -€209,072 | -39.2% |
| Trade receivables | 40 | €27,896 | €59,292 | +€31,396 | +113% |
| Other amounts receivable | 41 | €505,024 | €264,556 | -€240,468 | -47.6% |
| Current investments | 50/53 | €174,636 | - | -€174,636 | |
| Cash at bank and in hand | 54/58 | €635,645 | €806,992 | +€171,348 | +27.0% |
| Deferred charges and accrued income | 490/1 | €12,000 | €53 | -€11,947 | -99.6% |
| Total equity and liabilities | 10/49 | €7,547,005 | €7,322,592 | -€224,413 | -3.0% |
| Equity | 10/15 | €2,426,005 | €2,199,657 | -€226,348 | -9.3% |
| Contributions | 10/11 | €1,150,000 | €1,150,000 | = | 0.0% |
| Capital | 10 | €1,150,000 | €1,150,000 | = | 0.0% |
| Issued capital | 100 | €1,150,000 | €1,150,000 | = | 0.0% |
| Reserves | 13 | €239,636 | €239,636 | = | 0.0% |
| Non-distributable reserves | 130/1 | €239,636 | €115,000 | -€124,636 | -52.0% |
| Legal reserve | 130 | €115,000 | €115,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €124,636 | - | -€124,636 | |
| Distributable reserves | 133 | - | €124,636 | +€124,636 | |
| Profit (loss) carried forward | 14 | €1,036,369 | €810,021 | -€226,348 | -21.8% |
| Amounts payable | 17/49 | €5,121,000 | €5,122,935 | +€1,935 | 0.0% |
| Amounts payable after more than one year | 17 | €663,780 | €445,468 | -€218,312 | -32.9% |
| Financial debts | 170/4 | €663,780 | €445,468 | -€218,312 | -32.9% |
| Amounts payable within one year | 42/48 | €4,457,220 | €4,677,419 | +€220,199 | +4.9% |
| Current portion of amounts payable after more than one year | 42 | €215,416 | €218,312 | +€2,896 | +1.3% |
| Financial debts | 43 | €42,922 | €150,000 | +€107,078 | +249% |
| Credit institutions | 430/8 | €42,922 | €150,000 | +€107,078 | +249% |
| Trade debts | 44 | €29,239 | €77,335 | +€48,096 | +164% |
| Suppliers | 440/4 | €29,239 | €77,335 | +€48,096 | +164% |
| Taxes, remuneration and social security | 45 | €331,915 | €83,535 | -€248,380 | -74.8% |
| Taxes | 450/3 | €331,915 | €81,953 | -€249,962 | -75.3% |
| Remuneration and social security | 454/9 | - | €1,582 | +€1,582 | |
| Other amounts payable | 47/48 | €3,837,727 | €4,148,236 | +€310,509 | +8.1% |
| Accrued charges and deferred income | 492/3 | - | €48 | +€48 | |
| Remuneration, social security and pensions | 62 | - | €4,349 | +€4,349 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €286 | €286 | = | 0.0% |
| Other operating charges | 640/8 | €200 | €200 | = | 0.0% |
| Gross operating margin | 9900 | €91,305 | €65,268 | -€26,037 | -28.5% |
| Operating profit (loss) | 9901 | €90,819 | €60,433 | -€30,386 | -33.5% |
| Financial income | 75/76B | €795,200 | €276,882 | -€518,319 | -65.2% |
| Recurring financial income | 75 | €795,200 | €276,882 | -€518,319 | -65.2% |
| Financial charges | 65/66B | €55,993 | €63,245 | +€7,252 | +13.0% |
| Recurring financial charges | 65 | €55,993 | €63,245 | +€7,252 | +13.0% |
| Profit (loss) for the period before taxes | 9903 | €830,025 | €274,069 | -€555,956 | -67.0% |
| Income taxes | 67/77 | €10,010 | €417 | -€9,593 | -95.8% |
| Profit (loss) for the period | 9904 | €820,016 | €273,652 | -€546,363 | -66.6% |
| Profit (loss) for the period to be appropriated | 9905 | €820,016 | €273,652 | -€546,363 | -66.6% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.