BEATIT: 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.
BEATIT
Largest movements
- Tangible fixed assets +€483,123
up €483,123 (+24168.2%), from €1,999 to €485,122
of which Land and buildings: +€461,692
- Cash -€136,743
down €136,743 (-74.3%), from €184,103 to €47,360
mainly Investment in fixed assets (net) (-€494,056) and Net result for the year (-€19,302)
- Deferred charges and accrued income +€7,260
up €7,260 (+268.2%), from €2,707 to €9,967
- Debts after one year +€369,059
new in 2025: €369,059
- Current portion of long-term debt +€20,814
new in 2025: €20,814
- Profit (loss) carried forward -€16,525
new in 2025: -€16,525
- Other debts -€14,631
down €14,631 (-94.9%), from €15,416 to €785
- Gross operating margin -€67,581
down €67,581 (-99.7%), from €67,754 to €173
- Taxes -€20,874
down €20,874 (-99.3%), from €21,015 to €141
- Depreciation +€9,935
up €9,935 (+995.5%), from €998 to €10,933
- Financial charges +€7,740
up €7,740 (+1869.6%), from €414 to €8,154
- Other operating charges -€925
down €925 (-78.9%), from €1,172 to €247
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 | €201,161 | €554,953 | +€353,792 | +175.9% |
| Fixed assets | 21/28 | €1,999 | €485,122 | +€483,123 | +24168.2% |
| Tangible fixed assets | 22/27 | €1,999 | €485,122 | +€483,123 | +24168.2% |
| Land and buildings | 22 | - | €461,692 | +€461,692 | |
| Plant, machinery and equipment | 23 | €1,999 | €23,430 | +€21,431 | +1072.1% |
| Current assets | 29/58 | €199,162 | €69,831 | -€129,331 | -64.9% |
| Amounts receivable within one year | 40/41 | €12,352 | €12,504 | +€152 | +1.2% |
| Trade receivables | 40 | €12,352 | €11,326 | -€1,026 | -8.3% |
| Other amounts receivable | 41 | - | €1,178 | +€1,178 | |
| Cash at bank and in hand | 54/58 | €184,103 | €47,360 | -€136,743 | -74.3% |
| Deferred charges and accrued income | 490/1 | €2,707 | €9,967 | +€7,260 | +268.2% |
| Total equity and liabilities | 10/49 | €201,161 | €554,953 | +€353,792 | +175.9% |
| Equity | 10/15 | €181,639 | €161,102 | -€20,537 | -11.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €163,039 | €159,027 | -€4,012 | -2.5% |
| Tax-exempt reserves | 132 | €8,012 | €8,012 | = | 0.0% |
| Distributable reserves | 133 | €155,027 | €151,015 | -€4,012 | -2.6% |
| Profit (loss) carried forward | 14 | - | -€16,525 | -€16,525 | |
| Amounts payable | 17/49 | €19,522 | €393,851 | +€374,329 | +1917.5% |
| Amounts payable after more than one year | 17 | - | €369,059 | +€369,059 | |
| Financial debts | 170/4 | - | €369,059 | +€369,059 | |
| Amounts payable within one year | 42/48 | €19,522 | €24,792 | +€5,270 | +27.0% |
| Current portion of amounts payable after more than one year | 42 | - | €20,814 | +€20,814 | |
| Trade debts | 44 | €1,964 | €2,037 | +€73 | +3.7% |
| Suppliers | 440/4 | €1,964 | €2,037 | +€73 | +3.7% |
| Taxes, remuneration and social security | 45 | €2,142 | €1,156 | -€986 | -46.0% |
| Taxes | 450/3 | €2,142 | €1,156 | -€986 | -46.0% |
| Other amounts payable | 47/48 | €15,416 | €785 | -€14,631 | -94.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €998 | €10,933 | +€9,935 | +995.5% |
| Other operating charges | 640/8 | €1,172 | €247 | -€925 | -78.9% |
| Gross operating margin | 9900 | €67,754 | €173 | -€67,581 | -99.7% |
| Operating profit (loss) | 9901 | €65,584 | -€11,007 | -€76,591 | |
| Financial charges | 65/66B | €414 | €8,154 | +€7,740 | +1869.6% |
| Recurring financial charges | 65 | €414 | €8,154 | +€7,740 | +1869.6% |
| Profit (loss) for the period before taxes | 9903 | €65,170 | -€19,161 | -€84,331 | |
| Income taxes | 67/77 | €21,015 | €141 | -€20,874 | -99.3% |
| Profit (loss) for the period | 9904 | €44,155 | -€19,302 | -€63,457 | |
| Profit (loss) for the period to be appropriated | 9905 | €44,155 | -€19,302 | -€63,457 |
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 9 October 2026 via checked.be.