BEACH LINE: 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.
BEACH LINE
Largest movements
- Receivables within one year +€319,452
up €319,452 (+31.8%), from €1.0m to €1.3m
of which Other amounts receivable: +€319,452
- Debts after one year +€321,500
up €321,500 (+20.4%), from €1.6m to €1.9m
of which Other amounts payable: +€321,500
- Gross operating margin +€2,577
up €2,577 (+48.2%), from -€5,344 to -€2,768
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 | €1,579,569 | €1,898,113 | +€318,544 | +20.2% |
| Current assets | 29/58 | €1,579,569 | €1,898,113 | +€318,544 | +20.2% |
| Stocks and contracts in progress | 3 | €572,143 | €572,143 | = | 0.0% |
| Stocks | 30/36 | €572,143 | €572,143 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €1,006,122 | €1,325,574 | +€319,452 | +31.8% |
| Trade receivables | 40 | €36,300 | €36,300 | = | 0.0% |
| Other amounts receivable | 41 | €969,822 | €1,289,274 | +€319,452 | +32.9% |
| Cash at bank and in hand | 54/58 | €1,304 | €396 | -€908 | -69.6% |
| Total equity and liabilities | 10/49 | €1,579,569 | €1,898,113 | +€318,544 | +20.2% |
| Equity | 10/15 | €3,169 | €213 | -€2,956 | -93.3% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €4,008 | €4,008 | = | 0.0% |
| Distributable reserves | 133 | €4,008 | €4,008 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€20,839 | -€23,795 | -€2,956 | -14.2% |
| Amounts payable | 17/49 | €1,576,400 | €1,897,900 | +€321,500 | +20.4% |
| Amounts payable after more than one year | 17 | €1,576,400 | €1,897,900 | +€321,500 | +20.4% |
| Financial debts | 170/4 | €455,500 | €455,500 | = | 0.0% |
| Other amounts payable | 178/9 | €1,120,900 | €1,442,400 | +€321,500 | +28.7% |
| Other operating charges | 640/8 | €126 | €128 | +€2 | +1.6% |
| Gross operating margin | 9900 | -€5,344 | -€2,768 | +€2,577 | +48.2% |
| Operating profit (loss) | 9901 | -€5,470 | -€2,896 | +€2,575 | +47.1% |
| Financial charges | 65/66B | €60 | €60 | = | 0.0% |
| Recurring financial charges | 65 | €60 | €60 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | -€5,530 | -€2,956 | +€2,575 | +46.6% |
| Profit (loss) for the period | 9904 | -€5,530 | -€2,956 | +€2,575 | +46.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,530 | -€2,956 | +€2,575 | +46.6% |
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 15 October 2026 via checked.be.