BEATRIJS: 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.
BEATRIJS
Largest movements
- Cash +€51,577
up €51,577 (+82.6%), from €62,427 to €114,004
mainly Net result for the year (+€83,737) and Depreciation (+€46,289)
- Tangible fixed assets -€33,935
down €33,935 (-5.6%), from €601,782 to €567,848
of which Land and buildings: -€20,675
- Receivables within one year -€24,767
down €24,767 (-18.0%), from €137,942 to €113,175
of which Trade receivables: -€24,559
- Debts after one year -€58,925
down €58,925 (-19.8%), from €296,999 to €238,074
- Reserves +€46,459
up €46,459 (+21.8%), from €213,290 to €259,748
of which Distributable reserves: +€46,459
- Trade debts -€29,348
down €29,348 (-14.0%), from €208,885 to €179,537
- Other debts +€27,964
up €27,964 (+69.5%), from €40,238 to €68,202
- Gross operating margin +€41,076
up €41,076 (+10.0%), from €412,142 to €453,219
- Write-downs +€22,965
new in 2025: €22,965
- Staff costs -€13,819
down €13,819 (-5.4%), from €258,208 to €244,389
- Taxes +€9,992
up €9,992 (+34.4%), from €29,055 to €39,047
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 | €898,339 | €888,002 | -€10,337 | -1.2% |
| Fixed assets | 21/28 | €605,752 | €572,118 | -€33,635 | -5.6% |
| Tangible fixed assets | 22/27 | €601,782 | €567,848 | -€33,935 | -5.6% |
| Land and buildings | 22 | €550,912 | €530,237 | -€20,675 | -3.8% |
| Plant, machinery and equipment | 23 | €1,761 | €2,038 | +€277 | +15.7% |
| Furniture and vehicles | 24 | €49,109 | €35,573 | -€13,536 | -27.6% |
| Financial fixed assets | 28 | €3,970 | €4,270 | +€300 | +7.6% |
| Current assets | 29/58 | €292,586 | €315,884 | +€23,298 | +8.0% |
| Stocks and contracts in progress | 3 | €89,960 | €87,707 | -€2,254 | -2.5% |
| Stocks | 30/36 | €89,960 | €87,707 | -€2,254 | -2.5% |
| Amounts receivable within one year | 40/41 | €137,942 | €113,175 | -€24,767 | -18.0% |
| Trade receivables | 40 | €137,734 | €113,175 | -€24,559 | -17.8% |
| Other amounts receivable | 41 | €208 | - | -€208 | |
| Cash at bank and in hand | 54/58 | €62,427 | €114,004 | +€51,577 | +82.6% |
| Deferred charges and accrued income | 490/1 | €2,258 | €999 | -€1,259 | -55.8% |
| Total equity and liabilities | 10/49 | €898,339 | €888,002 | -€10,337 | -1.2% |
| Equity | 10/15 | €250,790 | €297,248 | +€46,459 | +18.5% |
| Contributions | 10/11 | €37,500 | €37,500 | = | 0.0% |
| Reserves | 13 | €213,290 | €259,748 | +€46,459 | +21.8% |
| Tax-exempt reserves | 132 | €20,554 | €20,554 | = | 0.0% |
| Distributable reserves | 133 | €192,735 | €239,194 | +€46,459 | +24.1% |
| Amounts payable | 17/49 | €647,549 | €590,754 | -€56,796 | -8.8% |
| Amounts payable after more than one year | 17 | €296,999 | €238,074 | -€58,925 | -19.8% |
| Financial debts | 170/4 | €296,999 | €238,074 | -€58,925 | -19.8% |
| Amounts payable within one year | 42/48 | €348,442 | €346,254 | -€2,188 | -0.6% |
| Current portion of amounts payable after more than one year | 42 | €56,975 | €58,925 | +€1,950 | +3.4% |
| Trade debts | 44 | €208,885 | €179,537 | -€29,348 | -14.0% |
| Suppliers | 440/4 | €208,885 | €179,537 | -€29,348 | -14.0% |
| Taxes, remuneration and social security | 45 | €42,345 | €39,590 | -€2,755 | -6.5% |
| Taxes | 450/3 | €12,878 | €11,768 | -€1,110 | -8.6% |
| Remuneration and social security | 454/9 | €29,467 | €27,822 | -€1,645 | -5.6% |
| Other amounts payable | 47/48 | €40,238 | €68,202 | +€27,964 | +69.5% |
| Accrued charges and deferred income | 492/3 | €2,109 | €6,426 | +€4,318 | +205% |
| Remuneration, social security and pensions | 62 | €258,208 | €244,389 | -€13,819 | -5.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €45,279 | €46,289 | +€1,011 | +2.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €22,965 | +€22,965 | |
| Other operating charges | 640/8 | €6,354 | €5,724 | -€630 | -9.9% |
| Gross operating margin | 9900 | €412,142 | €453,219 | +€41,076 | +10.0% |
| Operating profit (loss) | 9901 | €102,301 | €133,851 | +€31,550 | +30.8% |
| Financial income | 75/76B | €968 | €503 | -€465 | -48.0% |
| Recurring financial income | 75 | €968 | €503 | -€465 | -48.0% |
| Financial charges | 65/66B | €14,585 | €11,570 | -€3,015 | -20.7% |
| Recurring financial charges | 65 | €14,585 | €11,570 | -€3,015 | -20.7% |
| Profit (loss) for the period before taxes | 9903 | €88,684 | €122,784 | +€34,100 | +38.5% |
| Income taxes | 67/77 | €29,055 | €39,047 | +€9,992 | +34.4% |
| Profit (loss) for the period | 9904 | €59,629 | €83,737 | +€24,108 | +40.4% |
| Profit (loss) for the period to be appropriated | 9905 | €59,629 | €83,737 | +€24,108 | +40.4% |
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 13 October 2026 via checked.be.