BAPTISTE BEECKMAN: 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.
BAPTISTE BEECKMAN
Largest movements
- Cash +€20,063
up €20,063 (+27.7%), from €72,376 to €92,439
mainly Other debts (+€74,688) and Net result for the year (+€46,846)
- Tangible fixed assets +€13,315
up €13,315 (+1,243%), from €1,071 to €14,387
- Intangible fixed assets -€10,000
down €10,000 (-11.0%), from €91,041 to €81,041
- Deferred charges and accrued income +€4,835
up €4,835 (+2,825%), from €171 to €5,007
- Trade debts -€100,100
no longer reported in 2025 (was €100,100)
- Other debts +€74,688
new in 2025: €74,688
- Profit (loss) carried forward +€46,846
up €46,846 (+331%), from €14,134 to €60,979
- Current portion of long-term debt -€26,282
down €26,282 (-79.5%), from €33,076 to €6,794
- Debts after one year +€20,068
new in 2025: €20,068
- Gross operating margin +€40,202
up €40,202 (+119%), from €33,882 to €74,084
- Taxes +€6,045
up €6,045 (+79.5%), from €7,606 to €13,651
- Financial income +€3,993
new in 2025: €3,993
- Depreciation +€2,476
up €2,476 (+26.4%), from €9,371 to €11,847
- Financial charges +€1,510
up €1,510 (+78.2%), from €1,931 to €3,441
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 | €164,659 | €194,153 | +€29,494 | +17.9% |
| Fixed assets | 21/28 | €92,112 | €95,428 | +€3,315 | +3.6% |
| Intangible fixed assets | 21 | €91,041 | €81,041 | -€10,000 | -11.0% |
| Tangible fixed assets | 22/27 | €1,071 | €14,387 | +€13,315 | +1,243% |
| Plant, machinery and equipment | 23 | €1,071 | €4,788 | +€3,717 | +347% |
| Furniture and vehicles | 24 | - | €5,999 | +€5,999 | |
| Other tangible fixed assets | 26 | - | €3,600 | +€3,600 | |
| Current assets | 29/58 | €72,547 | €98,725 | +€26,178 | +36.1% |
| Amounts receivable within one year | 40/41 | - | €280 | +€280 | |
| Trade receivables | 40 | - | €280 | +€280 | |
| Current investments | 50/53 | - | €1,000 | +€1,000 | |
| Cash at bank and in hand | 54/58 | €72,376 | €92,439 | +€20,063 | +27.7% |
| Deferred charges and accrued income | 490/1 | €171 | €5,007 | +€4,835 | +2,825% |
| Total equity and liabilities | 10/49 | €164,659 | €194,153 | +€29,494 | +17.9% |
| Equity | 10/15 | €17,134 | €63,979 | +€46,846 | +273% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €14,134 | €60,979 | +€46,846 | +331% |
| Amounts payable | 17/49 | €147,525 | €130,173 | -€17,352 | -11.8% |
| Amounts payable after more than one year | 17 | - | €20,068 | +€20,068 | |
| Financial debts | 170/4 | - | €20,068 | +€20,068 | |
| Amounts payable within one year | 42/48 | €147,525 | €110,105 | -€37,421 | -25.4% |
| Current portion of amounts payable after more than one year | 42 | €33,076 | €6,794 | -€26,282 | -79.5% |
| Trade debts | 44 | €100,100 | - | -€100,100 | |
| Suppliers | 440/4 | €100,100 | - | -€100,100 | |
| Taxes, remuneration and social security | 45 | €14,350 | €28,623 | +€14,274 | +99.5% |
| Taxes | 450/3 | €14,350 | €28,623 | +€14,274 | +99.5% |
| Other amounts payable | 47/48 | - | €74,688 | +€74,688 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,371 | €11,847 | +€2,476 | +26.4% |
| Other operating charges | 640/8 | €841 | €2,292 | +€1,451 | +173% |
| Gross operating margin | 9900 | €33,882 | €74,084 | +€40,202 | +119% |
| Operating profit (loss) | 9901 | €23,670 | €59,945 | +€36,275 | +153% |
| Financial income | 75/76B | - | €3,993 | +€3,993 | |
| Recurring financial income | 75 | - | €3,993 | +€3,993 | |
| Financial charges | 65/66B | €1,931 | €3,441 | +€1,510 | +78.2% |
| Recurring financial charges | 65 | €1,931 | €3,441 | +€1,510 | +78.2% |
| Profit (loss) for the period before taxes | 9903 | €21,740 | €60,497 | +€38,758 | +178% |
| Income taxes | 67/77 | €7,606 | €13,651 | +€6,045 | +79.5% |
| Profit (loss) for the period | 9904 | €14,134 | €46,846 | +€32,712 | +231% |
| Profit (loss) for the period to be appropriated | 9905 | €14,134 | €46,846 | +€32,712 | +231% |
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 24 October 2026 via checked.be.