BEAMS: 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.
BEAMS
Largest movements
- Receivables within one year -€1.6m
down €1.6m (-80.3%), from €1.9m to €381,264
of which Trade receivables: -€1.6m
- Cash -€155,168
down €155,168 (-62.8%), from €246,996 to €91,827
mainly Trade debts (-€1.5m) and Debts after one year (-€179,309)
- Tangible fixed assets -€144,224
down €144,224 (-3.5%), from €4.2m to €4.0m
- Trade debts -€1.5m
down €1.5m (-82.3%), from €1.8m to €326,258
- Debts after one year -€179,309
down €179,309 (-6.7%), from €2.7m to €2.5m
of which Financial debts: -€179,309
- Profit (loss) carried forward -€133,220
down €133,220 (-377.8%), from -€35,265 to -€168,485
- Staff costs +€238,366
up €238,366 (+17.3%), from €1.4m to €1.6m
- Gross operating margin +€114,075
up €114,075 (+6.5%), from €1.7m to €1.9m
- Financial charges +€64,609
up €64,609 (+133.7%), from €48,325 to €112,934
- Depreciation +€37,307
up €37,307 (+13.8%), from €269,858 to €307,165
- Other operating charges -€21,460
down €21,460 (-31.9%), from €67,258 to €45,798
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 | €6,381,575 | €4,529,897 | -€1.9m | -29.0% |
| Fixed assets | 21/28 | €4,153,341 | €4,009,118 | -€144,224 | -3.5% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €4,152,523 | €4,008,299 | -€144,224 | -3.5% |
| Land and buildings | 22 | €2,867,069 | €2,808,488 | -€58,581 | -2.0% |
| Plant, machinery and equipment | 23 | €1,068,587 | €1,009,603 | -€58,985 | -5.5% |
| Furniture and vehicles | 24 | €216,867 | €190,209 | -€26,658 | -12.3% |
| Financial fixed assets | 28 | €819 | €819 | = | 0.0% |
| Current assets | 29/58 | €2,228,234 | €520,779 | -€1.7m | -76.6% |
| Stocks and contracts in progress | 3 | €35,663 | €33,607 | -€2,056 | -5.8% |
| Stocks | 30/36 | €35,663 | €33,607 | -€2,056 | -5.8% |
| Amounts receivable within one year | 40/41 | €1,933,095 | €381,264 | -€1.6m | -80.3% |
| Trade receivables | 40 | €1,867,145 | €313,906 | -€1.6m | -83.2% |
| Other amounts receivable | 41 | €65,950 | €67,358 | +€1,408 | +2.1% |
| Cash at bank and in hand | 54/58 | €246,996 | €91,827 | -€155,168 | -62.8% |
| Deferred charges and accrued income | 490/1 | €12,480 | €14,081 | +€1,601 | +12.8% |
| Total equity and liabilities | 10/49 | €6,381,575 | €4,529,897 | -€1.9m | -29.0% |
| Equity | 10/15 | €1,456,435 | €1,303,215 | -€153,220 | -10.5% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Revaluation surpluses | 12 | €1,300,000 | €1,300,000 | = | 0.0% |
| Reserves | 13 | €6,200 | €6,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€35,265 | -€168,485 | -€133,220 | -377.8% |
| Investment grants | 15 | €123,500 | €103,500 | -€20,000 | -16.2% |
| Amounts payable | 17/49 | €4,925,140 | €3,226,682 | -€1.7m | -34.5% |
| Amounts payable after more than one year | 17 | €2,684,526 | €2,505,217 | -€179,309 | -6.7% |
| Financial debts | 170/4 | €2,684,526 | €2,505,217 | -€179,309 | -6.7% |
| Other amounts payable | 178/9 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €2,235,894 | €703,570 | -€1.5m | -68.5% |
| Current portion of amounts payable after more than one year | 42 | €189,366 | €236,094 | +€46,729 | +24.7% |
| Trade debts | 44 | €1,843,247 | €326,258 | -€1.5m | -82.3% |
| Suppliers | 440/4 | €1,843,247 | €326,258 | -€1.5m | -82.3% |
| Advances received on contracts in progress | 46 | €59,943 | €16,310 | -€43,633 | -72.8% |
| Taxes, remuneration and social security | 45 | €143,103 | €124,672 | -€18,431 | -12.9% |
| Taxes | 450/3 | €24,030 | €4,575 | -€19,456 | -81.0% |
| Remuneration and social security | 454/9 | €119,073 | €120,098 | +€1,025 | +0.9% |
| Other amounts payable | 47/48 | €235 | €235 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €4,720 | €17,895 | +€13,175 | +279.1% |
| Remuneration, social security and pensions | 62 | €1,378,218 | €1,616,583 | +€238,366 | +17.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €269,858 | €307,165 | +€37,307 | +13.8% |
| Other operating charges | 640/8 | €67,258 | €45,798 | -€21,460 | -31.9% |
| Gross operating margin | 9900 | €1,748,727 | €1,862,803 | +€114,075 | +6.5% |
| Operating profit (loss) | 9901 | €33,393 | -€106,743 | -€140,137 | |
| Financial income | 75/76B | €72,376 | €86,844 | +€14,467 | +20.0% |
| Recurring financial income | 75 | €72,376 | €86,844 | +€14,467 | +20.0% |
| Financial charges | 65/66B | €48,325 | €112,934 | +€64,609 | +133.7% |
| Recurring financial charges | 65 | €48,325 | €112,934 | +€64,609 | +133.7% |
| Profit (loss) for the period before taxes | 9903 | €57,445 | -€132,834 | -€190,279 | |
| Income taxes | 67/77 | €795 | €386 | -€409 | -51.5% |
| Profit (loss) for the period | 9904 | €56,650 | -€133,220 | -€189,870 | |
| Profit (loss) for the period to be appropriated | 9905 | €56,650 | -€133,220 | -€189,870 |
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 11 October 2026 via checked.be.