BEECKMAN GEERT: 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.
BEECKMAN GEERT
Largest movements
- Receivables within one year +€24,771
up €24,771 (+38.1%), from €64,951 to €89,722
of which Trade receivables: +€16,841
- Cash -€20,154
down €20,154 (-63.7%), from €31,626 to €11,472
mainly Investment in fixed assets (net) (-€58,229) and Debts after one year (-€32,789)
- Tangible fixed assets -€13,324
down €13,324 (-6.1%), from €218,131 to €204,807
of which Furniture and vehicles: -€22,850
- Deferred charges and accrued income -€6,207
down €6,207 (-30.9%), from €20,067 to €13,860
- Debts after one year -€32,789
down €32,789 (-24.3%), from €135,082 to €102,292
- Advances received +€25,415
new in 2025: €25,415
- Trade debts -€16,521
down €16,521 (-39.8%), from €41,530 to €25,009
- Tax, wage and social debts +€6,396
up €6,396 (+89.7%), from €7,134 to €13,530
of which Remuneration and social security: +€4,702
- Other debts +€3,628
up €3,628 (+25.7%), from €14,124 to €17,753
- Gross operating margin +€26,438
up €26,438 (+45.8%), from €57,787 to €84,225
- Depreciation +€21,526
up €21,526 (+43.0%), from €50,027 to €71,554
- Write-downs +€2,257
new in 2025: €2,257
- Financial charges +€1,353
up €1,353 (+18.7%), from €7,243 to €8,596
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 | €334,775 | €319,861 | -€14,914 | -4.5% |
| Fixed assets | 21/28 | €218,131 | €204,807 | -€13,324 | -6.1% |
| Tangible fixed assets | 22/27 | €218,131 | €204,807 | -€13,324 | -6.1% |
| Plant, machinery and equipment | 23 | €42,387 | €69,360 | +€26,973 | +63.6% |
| Furniture and vehicles | 24 | €95,983 | €73,132 | -€22,850 | -23.8% |
| Leasing and similar rights | 25 | €16,403 | €6,642 | -€9,762 | -59.5% |
| Other tangible fixed assets | 26 | €63,358 | €55,673 | -€7,686 | -12.1% |
| Current assets | 29/58 | €116,644 | €115,054 | -€1,590 | -1.4% |
| Amounts receivable within one year | 40/41 | €64,951 | €89,722 | +€24,771 | +38.1% |
| Trade receivables | 40 | €56,539 | €73,381 | +€16,841 | +29.8% |
| Other amounts receivable | 41 | €8,412 | €16,341 | +€7,930 | +94.3% |
| Cash at bank and in hand | 54/58 | €31,626 | €11,472 | -€20,154 | -63.7% |
| Deferred charges and accrued income | 490/1 | €20,067 | €13,860 | -€6,207 | -30.9% |
| Total equity and liabilities | 10/49 | €334,775 | €319,861 | -€14,914 | -4.5% |
| Equity | 10/15 | €100,169 | €102,011 | +€1,842 | +1.8% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €81,560 | €83,400 | +€1,840 | +2.3% |
| Tax-exempt reserves | 132 | €5,660 | €0 | -€5,660 | -100% |
| Distributable reserves | 133 | €75,900 | €83,400 | +€7,500 | +9.9% |
| Profit (loss) carried forward | 14 | €59 | €61 | +€2 | +3.7% |
| Provisions and deferred taxes | 16 | €1,887 | €0 | -€1,887 | -100% |
| Deferred taxes | 168 | €1,887 | €0 | -€1,887 | -100% |
| Amounts payable | 17/49 | €232,719 | €217,850 | -€14,869 | -6.4% |
| Amounts payable after more than one year | 17 | €135,082 | €102,292 | -€32,789 | -24.3% |
| Financial debts | 170/4 | €135,082 | €102,292 | -€32,789 | -24.3% |
| Amounts payable within one year | 42/48 | €97,637 | €115,557 | +€17,920 | +18.4% |
| Current portion of amounts payable after more than one year | 42 | €34,849 | €32,789 | -€2,059 | -5.9% |
| Financial debts | 43 | - | €1,060 | +€1,060 | |
| Credit institutions | 430/8 | - | €1,060 | +€1,060 | |
| Trade debts | 44 | €41,530 | €25,009 | -€16,521 | -39.8% |
| Suppliers | 440/4 | €41,530 | €25,009 | -€16,521 | -39.8% |
| Advances received on contracts in progress | 46 | - | €25,415 | +€25,415 | |
| Taxes, remuneration and social security | 45 | €7,134 | €13,530 | +€6,396 | +89.7% |
| Taxes | 450/3 | €384 | €2,078 | +€1,694 | +441% |
| Remuneration and social security | 454/9 | €6,750 | €11,452 | +€4,702 | +69.7% |
| Other amounts payable | 47/48 | €14,124 | €17,753 | +€3,628 | +25.7% |
| Non-recurring operating income | 76A | €0 | €4,964 | +€4,964 | |
| Remuneration, social security and pensions | 62 | €524 | €344 | -€180 | -34.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €50,027 | €71,554 | +€21,526 | +43.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €2,257 | +€2,257 | |
| Other operating charges | 640/8 | €1,454 | €1,031 | -€423 | -29.1% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €57,787 | €84,225 | +€26,438 | +45.8% |
| Operating profit (loss) | 9901 | €5,781 | €9,039 | +€3,258 | +56.4% |
| Financial income | 75/76B | €4 | €250 | +€246 | +6,603% |
| Recurring financial income | 75 | €4 | €250 | +€246 | +6,603% |
| Financial charges | 65/66B | €7,243 | €8,596 | +€1,353 | +18.7% |
| Recurring financial charges | 65 | €7,243 | €8,596 | +€1,353 | +18.7% |
| Profit (loss) for the period before taxes | 9903 | -€1,458 | €693 | +€2,151 | |
| Transfer from deferred taxes | 780 | €581 | €1,887 | +€1,306 | +225% |
| Income taxes | 67/77 | €384 | €738 | +€354 | +92.0% |
| Profit (loss) for the period | 9904 | -€1,262 | €1,842 | +€3,104 | |
| Transfer from tax-exempt reserves | 789 | €1,742 | €5,660 | +€3,919 | +225% |
| Profit (loss) for the period to be appropriated | 9905 | €480 | €7,502 | +€7,022 | +1,463% |
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 21 October 2026 via checked.be.