BEEDAN: 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.
BEEDAN
Largest movements
- Tangible fixed assets -€181,708
down €181,708 (-3.2%), from €5.6m to €5.4m
- Cash +€63,057
up €63,057 (+32.5%), from €193,942 to €256,999
mainly Depreciation (+€189,892) and Current portion of long-term debt (+€63,355)
- Debts after one year -€150,000
down €150,000 (-8.1%), from €1.9m to €1.7m
- Current portion of long-term debt +€63,355
up €63,355 (+42.2%), from €150,000 to €213,355
- Gross operating margin +€198,093
up €198,093 (+52.8%), from €375,264 to €573,357
- Other operating charges +€144,862
up €144,862 (+100.3%), from €144,431 to €289,293
- Financial income -€41,601
down €41,601 (-86.3%), from €48,203 to €6,602
of which Financial income: -€41,601
- Staff costs +€6,078
new in 2025: €6,078
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 | €5,814,368 | €5,703,823 | -€110,545 | -1.9% |
| Fixed assets | 21/28 | €5,611,917 | €5,430,209 | -€181,708 | -3.2% |
| Tangible fixed assets | 22/27 | €5,611,917 | €5,430,209 | -€181,708 | -3.2% |
| Land and buildings | 22 | €5,611,917 | €5,430,209 | -€181,708 | -3.2% |
| Current assets | 29/58 | €202,451 | €273,614 | +€71,163 | +35.2% |
| Amounts receivable within one year | 40/41 | €8,509 | €16,615 | +€8,106 | +95.3% |
| Trade receivables | 40 | €3,849 | €11,955 | +€8,106 | +210.6% |
| Other amounts receivable | 41 | €4,660 | €4,660 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €193,942 | €256,999 | +€63,057 | +32.5% |
| Total equity and liabilities | 10/49 | €5,814,368 | €5,703,823 | -€110,545 | -1.9% |
| Equity | 10/15 | €3,141,071 | €3,178,148 | +€37,077 | +1.2% |
| Contributions | 10/11 | €2,543,272 | €2,543,272 | -€0 | 0.0% |
| Reserves | 13 | €597,798 | €634,876 | +€37,078 | +6.2% |
| Non-distributable reserves | 130/1 | €132,127 | €132,127 | -€0 | 0.0% |
| Reserves not available under the articles | 1311 | €132,127 | €132,127 | -€0 | 0.0% |
| Distributable reserves | 133 | €465,671 | €502,749 | +€37,078 | +8.0% |
| Amounts payable | 17/49 | €2,673,297 | €2,525,675 | -€147,622 | -5.5% |
| Amounts payable after more than one year | 17 | €1,850,185 | €1,700,185 | -€150,000 | -8.1% |
| Financial debts | 170/4 | €1,850,185 | €1,700,185 | -€150,000 | -8.1% |
| Amounts payable within one year | 42/48 | €823,112 | €825,490 | +€2,378 | +0.3% |
| Current portion of amounts payable after more than one year | 42 | €150,000 | €213,355 | +€63,355 | +42.2% |
| Trade debts | 44 | €19,806 | €6,305 | -€13,501 | -68.2% |
| Suppliers | 440/4 | €19,806 | €6,305 | -€13,501 | -68.2% |
| Taxes, remuneration and social security | 45 | €44,116 | €29,124 | -€14,992 | -34.0% |
| Taxes | 450/3 | €44,116 | €29,124 | -€14,992 | -34.0% |
| Other amounts payable | 47/48 | €609,190 | €576,706 | -€32,484 | -5.3% |
| Remuneration, social security and pensions | 62 | - | €6,078 | +€6,078 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €190,846 | €189,892 | -€954 | -0.5% |
| Other operating charges | 640/8 | €144,431 | €289,293 | +€144,862 | +100.3% |
| Non-recurring operating charges | 66A | €20 | - | -€20 | |
| Gross operating margin | 9900 | €375,264 | €573,357 | +€198,093 | +52.8% |
| Operating profit (loss) | 9901 | €39,967 | €88,094 | +€48,127 | +120.4% |
| Financial income | 75/76B | €48,203 | €6,602 | -€41,601 | -86.3% |
| Recurring financial income | 75 | €48,203 | €6,602 | -€41,601 | -86.3% |
| Non-recurring financial income | 76B | €48,203 | €6,602 | -€41,601 | -86.3% |
| Financial charges | 65/66B | €47,652 | €48,300 | +€648 | +1.4% |
| Recurring financial charges | 65 | €47,652 | €48,300 | +€648 | +1.4% |
| Non-recurring financial charges | 66B | - | €48,300 | +€48,300 | |
| Profit (loss) for the period before taxes | 9903 | €40,517 | €46,396 | +€5,879 | +14.5% |
| Income taxes | 67/77 | €14,507 | €9,318 | -€5,189 | -35.8% |
| Profit (loss) for the period | 9904 | €26,011 | €37,078 | +€11,067 | +42.5% |
| Profit (loss) for the period to be appropriated | 9905 | €26,011 | €37,078 | +€11,067 | +42.5% |
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 4 October 2026 via checked.be.