BEEL PARTNERS: 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.
BEEL PARTNERS
Largest movements
- Current investments -€200,000
down €200,000 (-100%), from €200,000 to €0
- Cash +€62,308
up €62,308 (+20.8%), from €299,963 to €362,271
mainly Current portion of long-term debt (+€243,550) and Current investments (+€200,000)
- Debts after one year -€370,097
down €370,097 (-100%), from €370,097 to €0
of which Other amounts payable: -€242,500
- Current portion of long-term debt +€243,550
up €243,550 (+192%), from €126,547 to €370,097
- Reserves -€53,424
down €53,424 (-3.1%), from €1.7m to €1.7m
- Trade debts +€44,343
up €44,343 (+1,630%), from €2,721 to €47,064
- Financial income -€778,732
down €778,732 (-99.3%), from €783,990 to €5,258
- Staff costs +€16,777
up €16,777 (+13.3%), from €125,849 to €142,626
- Gross operating margin +€14,552
up €14,552 (+7.4%), from €196,186 to €210,739
- Taxes +€3,419
up €3,419 (+30.6%), from €11,188 to €14,608
- Financial charges -€2,510
down €2,510 (-13.0%), from €19,289 to €16,779
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 | €2,338,200 | €2,206,581 | -€131,618 | -5.6% |
| Fixed assets | 21/28 | €1,760,000 | €1,760,000 | = | 0.0% |
| Financial fixed assets | 28 | €1,760,000 | €1,760,000 | = | 0.0% |
| Current assets | 29/58 | €578,200 | €446,581 | -€131,618 | -22.8% |
| Amounts receivable within one year | 40/41 | €76,480 | €82,992 | +€6,512 | +8.5% |
| Trade receivables | 40 | €73,810 | €80,818 | +€7,008 | +9.5% |
| Other amounts receivable | 41 | €2,670 | €2,174 | -€496 | -18.6% |
| Current investments | 50/53 | €200,000 | €0 | -€200,000 | -100% |
| Cash at bank and in hand | 54/58 | €299,963 | €362,271 | +€62,308 | +20.8% |
| Deferred charges and accrued income | 490/1 | €1,756 | €1,318 | -€438 | -24.9% |
| Total equity and liabilities | 10/49 | €2,338,200 | €2,206,581 | -€131,618 | -5.6% |
| Equity | 10/15 | €1,808,535 | €1,755,111 | -€53,424 | -3.0% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €1,708,535 | €1,655,111 | -€53,424 | -3.1% |
| Distributable reserves | 133 | €1,708,535 | €1,655,111 | -€53,424 | -3.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €529,665 | €451,470 | -€78,195 | -14.8% |
| Amounts payable after more than one year | 17 | €370,097 | €0 | -€370,097 | -100% |
| Financial debts | 170/4 | €127,597 | €0 | -€127,597 | -100% |
| Other amounts payable | 178/9 | €242,500 | €0 | -€242,500 | -100% |
| Amounts payable within one year | 42/48 | €159,568 | €451,284 | +€291,716 | +183% |
| Current portion of amounts payable after more than one year | 42 | €126,547 | €370,097 | +€243,550 | +192% |
| Trade debts | 44 | €2,721 | €47,064 | +€44,343 | +1,630% |
| Suppliers | 440/4 | €2,721 | €47,064 | +€44,343 | +1,630% |
| Taxes, remuneration and social security | 45 | €30,300 | €34,123 | +€3,823 | +12.6% |
| Taxes | 450/3 | €15,198 | €16,761 | +€1,562 | +10.3% |
| Remuneration and social security | 454/9 | €15,102 | €17,362 | +€2,260 | +15.0% |
| Accrued charges and deferred income | 492/3 | - | €186 | +€186 | |
| Remuneration, social security and pensions | 62 | €125,849 | €142,626 | +€16,777 | +13.3% |
| Other operating charges | 640/8 | €1,108 | €1,208 | +€100 | +9.0% |
| Gross operating margin | 9900 | €196,186 | €210,739 | +€14,552 | +7.4% |
| Operating profit (loss) | 9901 | €69,230 | €66,905 | -€2,325 | -3.4% |
| Financial income | 75/76B | €783,990 | €5,258 | -€778,732 | -99.3% |
| Recurring financial income | 75 | €783,990 | €5,258 | -€778,732 | -99.3% |
| Financial charges | 65/66B | €19,289 | €16,779 | -€2,510 | -13.0% |
| Recurring financial charges | 65 | €19,289 | €16,779 | -€2,510 | -13.0% |
| Profit (loss) for the period before taxes | 9903 | €833,931 | €55,384 | -€778,547 | -93.4% |
| Income taxes | 67/77 | €11,188 | €14,608 | +€3,419 | +30.6% |
| Profit (loss) for the period | 9904 | €822,742 | €40,776 | -€781,966 | -95.0% |
| Profit (loss) for the period to be appropriated | 9905 | €822,742 | €40,776 | -€781,966 | -95.0% |
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 26 October 2026 via checked.be.