BEAL: what changed
Two fiscal 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.
BEAL
Largest movements
- Tangible fixed assets +€270,644
up €270,644 (+6766.1%), from €4,000 to €274,644
of which Land and buildings: +€271,644
- Receivables within one year -€54,136
down €54,136 (-98.5%), from €54,946 to €810
of which Other amounts receivable: -€49,082
- Cash +€7,749
up €7,749 (+129.4%), from €5,989 to €13,738
mainly Debts after one year (+€228,964) and Receivables within one year (+€54,136)
- Debts after one year +€228,964
new in 2025: €228,964
- Profit (loss) carried forward -€16,375
down €16,375 (-45.0%), from €36,425 to €20,049
- Current portion of long-term debt +€13,188
up €13,188 (+974.1%), from €1,354 to €14,542
- Other debts +€3,581
up €3,581 (+89.5%), from €4,000 to €7,581
- Trade debts -€3,368
down €3,368 (-94.4%), from €3,569 to €201
- Depreciation +€9,911
up €9,911 (+991.1%), from €1,000 to €10,911
- Financial charges +€6,818
up €6,818 (+2932.5%), from €233 to €7,051
- Gross operating margin -€6,530
down €6,530 (-63.6%), from €10,269 to €3,740
- Taxes -€2,533
down €2,533 (-90.6%), from €2,796 to €264
- Other operating charges +€1,214
up €1,214 (+176.0%), from €690 to €1,904
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 | €64,935 | €289,192 | +€224,257 | +345.4% |
| Fixed assets | 21/28 | €4,000 | €274,644 | +€270,644 | +6766.1% |
| Tangible fixed assets | 22/27 | €4,000 | €274,644 | +€270,644 | +6766.1% |
| Land and buildings | 22 | - | €271,644 | +€271,644 | |
| Plant, machinery and equipment | 23 | €4,000 | €3,000 | -€1,000 | -25.0% |
| Current assets | 29/58 | €60,935 | €14,548 | -€46,387 | -76.1% |
| Amounts receivable within one year | 40/41 | €54,946 | €810 | -€54,136 | -98.5% |
| Trade receivables | 40 | €5,054 | - | -€5,054 | |
| Other amounts receivable | 41 | €49,892 | €810 | -€49,082 | -98.4% |
| Cash at bank and in hand | 54/58 | €5,989 | €13,738 | +€7,749 | +129.4% |
| Total equity and liabilities | 10/49 | €64,935 | €289,192 | +€224,257 | +345.4% |
| Equity | 10/15 | €52,775 | €36,399 | -€16,375 | -31.0% |
| Contributions | 10/11 | €16,200 | €16,200 | = | 0.0% |
| Reserves | 13 | €150 | €150 | = | 0.0% |
| Non-distributable reserves | 130/1 | €150 | €150 | = | 0.0% |
| Reserves not available under the articles | 1311 | €150 | €150 | = | 0.0% |
| Profit (loss) carried forward | 14 | €36,425 | €20,049 | -€16,375 | -45.0% |
| Amounts payable | 17/49 | €12,160 | €252,793 | +€240,633 | +1978.9% |
| Amounts payable after more than one year | 17 | - | €228,964 | +€228,964 | |
| Financial debts | 170/4 | - | €228,964 | +€228,964 | |
| Amounts payable within one year | 42/48 | €12,160 | €23,829 | +€11,669 | +96.0% |
| Current portion of amounts payable after more than one year | 42 | €1,354 | €14,542 | +€13,188 | +974.1% |
| Trade debts | 44 | €3,569 | €201 | -€3,368 | -94.4% |
| Suppliers | 440/4 | €3,569 | €201 | -€3,368 | -94.4% |
| Taxes, remuneration and social security | 45 | €3,237 | €1,505 | -€1,733 | -53.5% |
| Taxes | 450/3 | €3,237 | €1,505 | -€1,733 | -53.5% |
| Other amounts payable | 47/48 | €4,000 | €7,581 | +€3,581 | +89.5% |
| Remuneration, social security and pensions | 62 | €600 | - | -€600 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,000 | €10,911 | +€9,911 | +991.1% |
| Other operating charges | 640/8 | €690 | €1,904 | +€1,214 | +176.0% |
| Gross operating margin | 9900 | €10,269 | €3,740 | -€6,530 | -63.6% |
| Operating profit (loss) | 9901 | €7,980 | -€9,075 | -€17,055 | |
| Financial income | 75/76B | - | €14 | +€14 | |
| Recurring financial income | 75 | - | €14 | +€14 | |
| Financial charges | 65/66B | €233 | €7,051 | +€6,818 | +2932.5% |
| Recurring financial charges | 65 | €233 | €7,051 | +€6,818 | +2932.5% |
| Profit (loss) for the period before taxes | 9903 | €7,747 | -€16,112 | -€23,859 | |
| Income taxes | 67/77 | €2,796 | €264 | -€2,533 | -90.6% |
| Profit (loss) for the period | 9904 | €4,951 | -€16,375 | -€21,326 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,951 | -€16,375 | -€21,326 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.