BEATS & BEANS: 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.
BEATS & BEANS
Largest movements
- Cash -€159,592
down €159,592 (-93.8%), from €170,174 to €10,581
mainly Receivables within one year (-€141,438) and Debts after one year (-€39,909)
- Receivables within one year +€141,438
up €141,438 (+67.2%), from €210,522 to €351,960
of which Trade receivables: +€132,832
- Receivables after one year +€39,781
up €39,781 (+25.0%), from €159,019 to €198,800
- Tangible fixed assets -€23,477
down €23,477 (-6.0%), from €388,274 to €364,798
of which Land and buildings: -€26,125
- Debts after one year -€39,909
down €39,909 (-13.7%), from €290,507 to €250,598
- Trade debts +€34,171
up €34,171 (+14.6%), from €234,006 to €268,177
- Other debts +€13,878
new in 2025: €13,878
- Write-downs +€217,505
up €217,505, from -€217,505 to €0
- Taxes -€62,123
down €62,123 (-98.6%), from €63,031 to €908
- Staff costs +€11,007
up €11,007 (+7.1%), from €154,869 to €165,875
- Gross operating margin -€9,814
down €9,814 (-4.5%), from €218,213 to €208,398
- Depreciation +€5,002
up €5,002 (+16.9%), from €29,657 to €34,659
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 | €929,366 | €926,140 | -€3,227 | -0.3% |
| Fixed assets | 21/28 | €388,274 | €364,798 | -€23,477 | -6.0% |
| Tangible fixed assets | 22/27 | €388,274 | €364,798 | -€23,477 | -6.0% |
| Land and buildings | 22 | €365,647 | €339,521 | -€26,125 | -7.1% |
| Plant, machinery and equipment | 23 | €19,713 | €23,369 | +€3,657 | +18.6% |
| Furniture and vehicles | 24 | €2,915 | €1,907 | -€1,008 | -34.6% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €541,092 | €561,342 | +€20,250 | +3.7% |
| Amounts receivable after more than one year | 29 | €159,019 | €198,800 | +€39,781 | +25.0% |
| Other amounts receivable | 291 | €159,019 | €198,800 | +€39,781 | +25.0% |
| Amounts receivable within one year | 40/41 | €210,522 | €351,960 | +€141,438 | +67.2% |
| Trade receivables | 40 | €152,481 | €285,313 | +€132,832 | +87.1% |
| Other amounts receivable | 41 | €58,041 | €66,648 | +€8,607 | +14.8% |
| Cash at bank and in hand | 54/58 | €170,174 | €10,581 | -€159,592 | -93.8% |
| Deferred charges and accrued income | 490/1 | €1,377 | €0 | -€1,377 | -100.0% |
| Total equity and liabilities | 10/49 | €929,366 | €926,140 | -€3,227 | -0.3% |
| Equity | 10/15 | €335,594 | €330,336 | -€5,258 | -1.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €329,394 | €324,136 | -€5,258 | -1.6% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €329,394 | €324,136 | -€5,258 | -1.6% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €593,772 | €595,804 | +€2,031 | +0.3% |
| Amounts payable after more than one year | 17 | €290,507 | €250,598 | -€39,909 | -13.7% |
| Financial debts | 170/4 | €290,507 | €250,598 | -€39,909 | -13.7% |
| Amounts payable within one year | 42/48 | €300,665 | €345,206 | +€44,541 | +14.8% |
| Current portion of amounts payable after more than one year | 42 | €38,793 | €39,909 | +€1,116 | +2.9% |
| Trade debts | 44 | €234,006 | €268,177 | +€34,171 | +14.6% |
| Suppliers | 440/4 | €234,006 | €268,177 | +€34,171 | +14.6% |
| Taxes, remuneration and social security | 45 | €27,866 | €23,241 | -€4,625 | -16.6% |
| Taxes | 450/3 | €3,020 | €934 | -€2,086 | -69.1% |
| Remuneration and social security | 454/9 | €24,846 | €22,308 | -€2,539 | -10.2% |
| Other amounts payable | 47/48 | - | €13,878 | +€13,878 | |
| Accrued charges and deferred income | 492/3 | €2,600 | €0 | -€2,600 | -100.0% |
| Remuneration, social security and pensions | 62 | €154,869 | €165,875 | +€11,007 | +7.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,657 | €34,659 | +€5,002 | +16.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€217,505 | €0 | +€217,505 | |
| Other operating charges | 640/8 | €6,993 | €5,753 | -€1,239 | -17.7% |
| Gross operating margin | 9900 | €218,213 | €208,398 | -€9,814 | -4.5% |
| Operating profit (loss) | 9901 | €244,199 | €2,111 | -€242,088 | -99.1% |
| Financial income | 75/76B | €4,632 | €5,790 | +€1,159 | +25.0% |
| Recurring financial income | 75 | €4,632 | €5,790 | +€1,159 | +25.0% |
| Financial charges | 65/66B | €14,514 | €12,251 | -€2,263 | -15.6% |
| Recurring financial charges | 65 | €14,514 | €12,251 | -€2,263 | -15.6% |
| Profit (loss) for the period before taxes | 9903 | €234,317 | -€4,350 | -€238,666 | |
| Income taxes | 67/77 | €63,031 | €908 | -€62,123 | -98.6% |
| Profit (loss) for the period | 9904 | €171,285 | -€5,258 | -€176,543 | |
| Profit (loss) for the period to be appropriated | 9905 | €171,285 | -€5,258 | -€176,543 |
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.