BEALSI: 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.
BEALSI
Largest movements
- Current investments -€100,000
no longer reported in 2025 (was €100,000)
- Cash +€82,884
up €82,884 (+134.2%), from €61,741 to €144,625
mainly Current investments (+€100,000) and Depreciation (+€32,374)
- Tangible fixed assets -€32,374
down €32,374 (-5.1%), from €640,326 to €607,952
of which Furniture and vehicles: -€18,248
- Debts after one year -€20,079
down €20,079 (-6.2%), from €325,108 to €305,029
- Reserves -€19,805
down €19,805 (-54.7%), from €36,212 to €16,407
of which Distributable reserves: -€19,805
- Profit (loss) carried forward -€8,188
down €8,188 (-9.6%), from €85,526 to €77,338
- Gross operating margin -€11,310
down €11,310 (-17.5%), from €64,749 to €53,440
- Depreciation +€5,723
up €5,723 (+21.5%), from €26,651 to €32,374
- Other operating charges -€3,252
down €3,252 (-17.0%), from €19,116 to €15,864
- Financial charges -€2,315
down €2,315 (-12.1%), from €19,094 to €16,779
- Financial income +€1,598
up €1,598 (+89.1%), from €1,792 to €3,390
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 | €802,960 | €754,332 | -€48,628 | -6.1% |
| Fixed assets | 21/28 | €640,326 | €607,952 | -€32,374 | -5.1% |
| Tangible fixed assets | 22/27 | €640,326 | €607,952 | -€32,374 | -5.1% |
| Land and buildings | 22 | €599,110 | €584,984 | -€14,126 | -2.4% |
| Furniture and vehicles | 24 | €41,216 | €22,968 | -€18,248 | -44.3% |
| Current assets | 29/58 | €162,634 | €146,380 | -€16,254 | -10.0% |
| Amounts receivable within one year | 40/41 | €649 | €1,540 | +€891 | +137.3% |
| Other amounts receivable | 41 | €649 | €1,540 | +€891 | +137.3% |
| Current investments | 50/53 | €100,000 | - | -€100,000 | |
| Cash at bank and in hand | 54/58 | €61,741 | €144,625 | +€82,884 | +134.2% |
| Deferred charges and accrued income | 490/1 | €245 | €215 | -€29 | -12.0% |
| Total equity and liabilities | 10/49 | €802,960 | €754,332 | -€48,628 | -6.1% |
| Equity | 10/15 | €457,128 | €429,135 | -€27,993 | -6.1% |
| Contributions | 10/11 | €335,390 | €335,390 | = | 0.0% |
| Reserves | 13 | €36,212 | €16,407 | -€19,805 | -54.7% |
| Non-distributable reserves | 130/1 | €4,688 | €4,688 | = | 0.0% |
| Reserves not available under the articles | 1311 | €4,688 | €4,688 | = | 0.0% |
| Distributable reserves | 133 | €31,524 | €11,719 | -€19,805 | -62.8% |
| Profit (loss) carried forward | 14 | €85,526 | €77,338 | -€8,188 | -9.6% |
| Amounts payable | 17/49 | €345,832 | €325,197 | -€20,635 | -6.0% |
| Amounts payable after more than one year | 17 | €325,108 | €305,029 | -€20,079 | -6.2% |
| Financial debts | 170/4 | €325,108 | €305,029 | -€20,079 | -6.2% |
| Amounts payable within one year | 42/48 | €20,725 | €20,168 | -€557 | -2.7% |
| Current portion of amounts payable after more than one year | 42 | €19,910 | €20,079 | +€169 | +0.8% |
| Trade debts | 44 | - | €89 | +€89 | |
| Suppliers | 440/4 | - | €89 | +€89 | |
| Taxes, remuneration and social security | 45 | €815 | - | -€815 | |
| Taxes | 450/3 | €815 | - | -€815 | |
| Non-recurring operating income | 76A | €2,398 | - | -€2,398 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,651 | €32,374 | +€5,723 | +21.5% |
| Other operating charges | 640/8 | €19,116 | €15,864 | -€3,252 | -17.0% |
| Gross operating margin | 9900 | €64,749 | €53,440 | -€11,310 | -17.5% |
| Operating profit (loss) | 9901 | €18,982 | €5,201 | -€13,780 | -72.6% |
| Financial income | 75/76B | €1,792 | €3,390 | +€1,598 | +89.1% |
| Recurring financial income | 75 | €1,792 | €3,390 | +€1,598 | +89.1% |
| Financial charges | 65/66B | €19,094 | €16,779 | -€2,315 | -12.1% |
| Recurring financial charges | 65 | €19,094 | €16,779 | -€2,315 | -12.1% |
| Profit (loss) for the period before taxes | 9903 | €1,680 | -€8,188 | -€9,868 | |
| Income taxes | 67/77 | €54 | - | -€54 | |
| Profit (loss) for the period | 9904 | €1,627 | -€8,188 | -€9,814 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,627 | -€8,188 | -€9,814 |
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 6 October 2026 via checked.be.