BEATS & BOATS: 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.
BEATS & BOATS
Largest movements
- Tangible fixed assets -€7,989
down €7,989 (-13.9%), from €57,560 to €49,570
of which Plant, machinery and equipment: -€7,618
- Receivables within one year -€1,139
down €1,139 (-37.5%), from €3,039 to €1,900
of which Trade receivables: -€1,489
- Deferred charges and accrued income -€943
down €943 (-66.5%), from €1,418 to €475
- Other debts -€12,081
down €12,081 (-21.3%), from €56,673 to €44,593
- Profit (loss) carried forward +€2,606
up €2,606 (+91.4%), from -€2,850 to -€244
- Trade debts -€788
down €788 (-71.9%), from €1,096 to €308
- Depreciation -€5,692
down €5,692 (-40.9%), from €13,932 to €8,239
- Taxes +€557
up €557 (+93.3%), from €597 to €1,154
- Other operating charges -€458
down €458 (-22.1%), from €2,071 to €1,613
- Gross operating margin -€150
down €150 (-1.1%), from €13,853 to €13,703
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 | €62,912 | €52,764 | -€10,148 | -16.1% |
| Fixed assets | 21/28 | €58,433 | €50,194 | -€8,239 | -14.1% |
| Intangible fixed assets | 21 | €873 | €623 | -€250 | -28.6% |
| Tangible fixed assets | 22/27 | €57,560 | €49,570 | -€7,989 | -13.9% |
| Plant, machinery and equipment | 23 | €57,005 | €49,387 | -€7,618 | -13.4% |
| Furniture and vehicles | 24 | €555 | €183 | -€372 | -67.0% |
| Current assets | 29/58 | €4,479 | €2,570 | -€1,909 | -42.6% |
| Amounts receivable within one year | 40/41 | €3,039 | €1,900 | -€1,139 | -37.5% |
| Trade receivables | 40 | €3,039 | €1,550 | -€1,489 | -49.0% |
| Other amounts receivable | 41 | - | €350 | +€350 | |
| Cash at bank and in hand | 54/58 | €22 | €195 | +€173 | +792% |
| Deferred charges and accrued income | 490/1 | €1,418 | €475 | -€943 | -66.5% |
| Total equity and liabilities | 10/49 | €62,912 | €52,764 | -€10,148 | -16.1% |
| Equity | 10/15 | €3,650 | €6,256 | +€2,606 | +71.4% |
| Contributions | 10/11 | €6,500 | €6,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,850 | -€244 | +€2,606 | +91.4% |
| Amounts payable | 17/49 | €59,262 | €46,508 | -€12,755 | -21.5% |
| Amounts payable within one year | 42/48 | €59,262 | €46,508 | -€12,755 | -21.5% |
| Trade debts | 44 | €1,096 | €308 | -€788 | -71.9% |
| Suppliers | 440/4 | €1,096 | €308 | -€788 | -71.9% |
| Taxes, remuneration and social security | 45 | €1,493 | €1,607 | +€114 | +7.6% |
| Taxes | 450/3 | €1,493 | €1,607 | +€114 | +7.6% |
| Other amounts payable | 47/48 | €56,673 | €44,593 | -€12,081 | -21.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,932 | €8,239 | -€5,692 | -40.9% |
| Other operating charges | 640/8 | €2,071 | €1,613 | -€458 | -22.1% |
| Gross operating margin | 9900 | €13,853 | €13,703 | -€150 | -1.1% |
| Operating profit (loss) | 9901 | -€2,149 | €3,850 | +€6,000 | |
| Financial income | 75/76B | €14 | - | -€14 | |
| Recurring financial income | 75 | €14 | - | -€14 | |
| Financial charges | 65/66B | €117 | €90 | -€27 | -23.3% |
| Recurring financial charges | 65 | €117 | €90 | -€27 | -23.3% |
| Profit (loss) for the period before taxes | 9903 | -€2,253 | €3,760 | +€6,013 | |
| Income taxes | 67/77 | €597 | €1,154 | +€557 | +93.3% |
| Profit (loss) for the period | 9904 | -€2,850 | €2,606 | +€5,456 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,850 | €2,606 | +€5,456 |
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 20 October 2026 via checked.be.