B&E BEHEER: 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.
B&E BEHEER
Largest movements
- Tangible fixed assets +€64,398
up €64,398 (+312%), from €20,631 to €85,028
- Receivables within one year -€33,147
down €33,147 (-77.1%), from €43,001 to €9,854
of which Trade receivables: -€33,848
- Cash +€14,552
up €14,552 (+13.1%), from €111,089 to €125,641
mainly Net result for the year (+€56,403) and Receivables within one year (+€33,147)
- Reserves +€56,403
up €56,403 (+46.9%), from €120,336 to €176,739
- Trade debts -€9,915
down €9,915 (-71.5%), from €13,869 to €3,955
- Gross operating margin -€10,677
down €10,677 (-10.4%), from €102,265 to €91,587
- Financial income +€2,388
up €2,388 (+238%), from €1,002 to €3,391
of which Non-recurring financial income: +€3,369
- Taxes -€1,431
down €1,431 (-8.5%), from €16,881 to €15,450
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 | €174,817 | €222,812 | +€47,994 | +27.5% |
| Fixed assets | 21/28 | €20,631 | €85,028 | +€64,398 | +312% |
| Tangible fixed assets | 22/27 | €20,631 | €85,028 | +€64,398 | +312% |
| Furniture and vehicles | 24 | €20,631 | €85,028 | +€64,398 | +312% |
| Current assets | 29/58 | €154,186 | €137,783 | -€16,403 | -10.6% |
| Amounts receivable within one year | 40/41 | €43,001 | €9,854 | -€33,147 | -77.1% |
| Trade receivables | 40 | €34,034 | €186 | -€33,848 | -99.5% |
| Other amounts receivable | 41 | €8,967 | €9,668 | +€701 | +7.8% |
| Cash at bank and in hand | 54/58 | €111,089 | €125,641 | +€14,552 | +13.1% |
| Deferred charges and accrued income | 490/1 | €96 | €2,287 | +€2,191 | +2,283% |
| Total equity and liabilities | 10/49 | €174,817 | €222,812 | +€47,994 | +27.5% |
| Equity | 10/15 | €145,336 | €201,739 | +€56,403 | +38.8% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €120,336 | €176,739 | +€56,403 | +46.9% |
| Distributable reserves | 133 | €120,336 | €176,739 | +€56,403 | +46.9% |
| Amounts payable | 17/49 | €29,482 | €21,073 | -€8,409 | -28.5% |
| Amounts payable within one year | 42/48 | €29,482 | €21,073 | -€8,409 | -28.5% |
| Trade debts | 44 | €13,869 | €3,955 | -€9,915 | -71.5% |
| Suppliers | 440/4 | €13,869 | €3,955 | -€9,915 | -71.5% |
| Taxes, remuneration and social security | 45 | €14,709 | €16,132 | +€1,423 | +9.7% |
| Taxes | 450/3 | €12,209 | €13,632 | +€1,423 | +11.7% |
| Remuneration and social security | 454/9 | €2,500 | €2,500 | = | 0.0% |
| Other amounts payable | 47/48 | €903 | €986 | +€84 | +9.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,884 | €21,184 | +€301 | +1.4% |
| Other operating charges | 640/8 | €931 | €1,652 | +€721 | +77.4% |
| Non-recurring operating charges | 66A | €115 | €243 | +€128 | +111% |
| Gross operating margin | 9900 | €102,265 | €91,587 | -€10,677 | -10.4% |
| Operating profit (loss) | 9901 | €80,335 | €68,508 | -€11,827 | -14.7% |
| Financial income | 75/76B | €1,002 | €3,391 | +€2,388 | +238% |
| Recurring financial income | 75 | €1,002 | €22 | -€981 | -97.8% |
| Non-recurring financial income | 76B | - | €3,369 | +€3,369 | |
| Financial charges | 65/66B | €96 | €46 | -€50 | -52.5% |
| Recurring financial charges | 65 | €96 | €46 | -€50 | -52.5% |
| Profit (loss) for the period before taxes | 9903 | €81,241 | €71,853 | -€9,388 | -11.6% |
| Income taxes | 67/77 | €16,881 | €15,450 | -€1,431 | -8.5% |
| Profit (loss) for the period | 9904 | €64,360 | €56,403 | -€7,957 | -12.4% |
| Profit (loss) for the period to be appropriated | 9905 | €64,360 | €56,403 | -€7,957 | -12.4% |
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 14 October 2026 via checked.be.