BEEL & CO: 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.
BEEL & CO
Largest movements
- Tangible fixed assets +€45,124
up €45,124 (+1513.2%), from €2,982 to €48,106
of which Furniture and vehicles: +€45,084
- Intangible fixed assets -€12,535
down €12,535 (-16.7%), from €75,212 to €62,676
- Receivables within one year +€5,394
up €5,394 (+57.2%), from €9,421 to €14,815
of which Trade receivables: +€4,054
- Cash +€2,415
up €2,415 (+13.8%), from €17,476 to €19,891
mainly Debts after one year (+€41,000) and Depreciation (+€20,740)
- Debts after one year +€41,000
up €41,000 (+117.1%), from €35,000 to €76,000
of which Financial debts: +€41,000
- Current portion of long-term debt +€12,000
new in 2025: €12,000
- Profit (loss) carried forward -€11,048
down €11,048 (-48.1%), from -€22,978 to -€34,025
- Tax, wage and social debts +€6,596
up €6,596 (+373.6%), from €1,765 to €8,361
of which Taxes: +€5,169
- Other debts -€5,239
down €5,239 (-14.8%), from €35,311 to €30,072
- Depreciation +€6,826
up €6,826 (+49.1%), from €13,914 to €20,740
- Staff costs -€5,154
down €5,154 (-50.4%), from €10,221 to €5,067
- Gross operating margin -€782
down €782 (-3.8%), from €20,796 to €20,014
- Financial charges -€760
down €760 (-25.8%), from €2,945 to €2,186
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 | €113,532 | €155,294 | +€41,762 | +36.8% |
| Fixed assets | 21/28 | €78,194 | €110,782 | +€32,589 | +41.7% |
| Intangible fixed assets | 21 | €75,212 | €62,676 | -€12,535 | -16.7% |
| Tangible fixed assets | 22/27 | €2,982 | €48,106 | +€45,124 | +1513.2% |
| Plant, machinery and equipment | 23 | €2,599 | €2,639 | +€40 | +1.5% |
| Furniture and vehicles | 24 | €383 | €45,467 | +€45,084 | +11759.3% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €35,339 | €44,512 | +€9,173 | +26.0% |
| Stocks and contracts in progress | 3 | €1,625 | €2,147 | +€522 | +32.1% |
| Stocks | 30/36 | €1,625 | €2,147 | +€522 | +32.1% |
| Amounts receivable within one year | 40/41 | €9,421 | €14,815 | +€5,394 | +57.2% |
| Trade receivables | 40 | €7,462 | €11,516 | +€4,054 | +54.3% |
| Other amounts receivable | 41 | €1,959 | €3,299 | +€1,339 | +68.4% |
| Current investments | 50/53 | €4,978 | €4,978 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €17,476 | €19,891 | +€2,415 | +13.8% |
| Deferred charges and accrued income | 490/1 | €1,838 | €2,681 | +€843 | +45.8% |
| Total equity and liabilities | 10/49 | €113,532 | €155,294 | +€41,762 | +36.8% |
| Equity | 10/15 | €28,809 | €17,762 | -€11,048 | -38.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €33,187 | €33,187 | = | 0.0% |
| Distributable reserves | 133 | €33,187 | €33,187 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€22,978 | -€34,025 | -€11,048 | -48.1% |
| Amounts payable | 17/49 | €84,723 | €137,533 | +€52,809 | +62.3% |
| Amounts payable after more than one year | 17 | €35,000 | €76,000 | +€41,000 | +117.1% |
| Financial debts | 170/4 | - | €41,000 | +€41,000 | |
| Other amounts payable | 178/9 | €35,000 | €35,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €49,723 | €61,533 | +€11,809 | +23.8% |
| Current portion of amounts payable after more than one year | 42 | - | €12,000 | +€12,000 | |
| Trade debts | 44 | €12,647 | €11,100 | -€1,547 | -12.2% |
| Suppliers | 440/4 | €12,647 | €11,100 | -€1,547 | -12.2% |
| Taxes, remuneration and social security | 45 | €1,765 | €8,361 | +€6,596 | +373.6% |
| Taxes | 450/3 | €839 | €6,009 | +€5,169 | +615.9% |
| Remuneration and social security | 454/9 | €926 | €2,352 | +€1,426 | +154.0% |
| Other amounts payable | 47/48 | €35,311 | €30,072 | -€5,239 | -14.8% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €10,221 | €5,067 | -€5,154 | -50.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,914 | €20,740 | +€6,826 | +49.1% |
| Other operating charges | 640/8 | €1,208 | €1,389 | +€181 | +15.0% |
| Gross operating margin | 9900 | €20,796 | €20,014 | -€782 | -3.8% |
| Operating profit (loss) | 9901 | -€4,547 | -€7,182 | -€2,635 | -57.9% |
| Financial income | 75/76B | €29 | €51 | +€22 | +73.9% |
| Recurring financial income | 75 | €29 | €51 | +€22 | +73.9% |
| Financial charges | 65/66B | €2,945 | €2,186 | -€760 | -25.8% |
| Recurring financial charges | 65 | €2,945 | €2,186 | -€760 | -25.8% |
| Profit (loss) for the period before taxes | 9903 | -€7,463 | -€9,317 | -€1,853 | -24.8% |
| Income taxes | 67/77 | €1,800 | €1,731 | -€68 | -3.8% |
| Profit (loss) for the period | 9904 | -€9,263 | -€11,048 | -€1,785 | -19.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,263 | -€11,048 | -€1,785 | -19.3% |
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 7 October 2026 via checked.be.