BEELD-COLLECTIEF: 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.
BEELD-COLLECTIEF
Largest movements
- Tangible fixed assets -€97,627
down €97,627 (-22.8%), from €429,105 to €331,478
- Cash -€82,835
down €82,835 (-60.7%), from €136,564 to €53,728
mainly Net result for the year (-€67,644) and Tax, wage and social debts (-€36,296)
- Reserves -€58,163
down €58,163 (-18.1%), from €321,273 to €263,110
of which Distributable reserves: -€58,163
- Tax, wage and social debts -€36,296
down €36,296 (-38.7%), from €93,792 to €57,496
of which Remuneration and social security: -€20,165
- Debts after one year -€31,567
down €31,567 (-24.2%), from €130,564 to €98,997
- Short-term financial debts -€25,087
down €25,087 (-100%), from €25,087 to €0
- Trade debts -€17,883
down €17,883 (-68.5%), from €26,115 to €8,232
- Staff costs -€163,996
down €163,996 (-45.2%), from €362,744 to €198,748
- Gross operating margin -€162,412
down €162,412 (-40.0%), from €406,355 to €243,943
- Depreciation -€26,474
down €26,474 (-25.0%), from €106,024 to €79,551
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 | €662,293 | €483,728 | -€178,565 | -27.0% |
| Fixed assets | 21/28 | €429,355 | €331,728 | -€97,627 | -22.7% |
| Tangible fixed assets | 22/27 | €429,105 | €331,478 | -€97,627 | -22.8% |
| Plant, machinery and equipment | 23 | €56,003 | €23,446 | -€32,557 | -58.1% |
| Furniture and vehicles | 24 | €86,443 | €61,867 | -€24,577 | -28.4% |
| Leasing and similar rights | 25 | €0 | - | = | |
| Other tangible fixed assets | 26 | €286,659 | €246,166 | -€40,493 | -14.1% |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €232,938 | €152,000 | -€80,938 | -34.7% |
| Amounts receivable within one year | 40/41 | €90,950 | €93,668 | +€2,717 | +3.0% |
| Trade receivables | 40 | €28,051 | €44,241 | +€16,190 | +57.7% |
| Other amounts receivable | 41 | €62,899 | €49,427 | -€13,473 | -21.4% |
| Cash at bank and in hand | 54/58 | €136,564 | €53,728 | -€82,835 | -60.7% |
| Deferred charges and accrued income | 490/1 | €5,424 | €4,604 | -€820 | -15.1% |
| Total equity and liabilities | 10/49 | €662,293 | €483,728 | -€178,565 | -27.0% |
| Equity | 10/15 | €339,873 | €272,229 | -€67,644 | -19.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €321,273 | €263,110 | -€58,163 | -18.1% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €15,000 | €15,000 | = | 0.0% |
| Distributable reserves | 133 | €304,413 | €246,250 | -€58,163 | -19.1% |
| Profit (loss) carried forward | 14 | - | -€9,481 | -€9,481 | |
| Amounts payable | 17/49 | €322,420 | €211,499 | -€110,921 | -34.4% |
| Amounts payable after more than one year | 17 | €130,564 | €98,997 | -€31,567 | -24.2% |
| Financial debts | 170/4 | €130,564 | €98,997 | -€31,567 | -24.2% |
| Amounts payable within one year | 42/48 | €191,856 | €112,502 | -€79,355 | -41.4% |
| Current portion of amounts payable after more than one year | 42 | €40,145 | €31,168 | -€8,977 | -22.4% |
| Financial debts | 43 | €25,087 | €0 | -€25,087 | -100% |
| Credit institutions | 430/8 | €25,087 | €0 | -€25,087 | -100% |
| Trade debts | 44 | €26,115 | €8,232 | -€17,883 | -68.5% |
| Suppliers | 440/4 | €26,115 | €8,232 | -€17,883 | -68.5% |
| Taxes, remuneration and social security | 45 | €93,792 | €57,496 | -€36,296 | -38.7% |
| Taxes | 450/3 | €34,202 | €18,071 | -€16,131 | -47.2% |
| Remuneration and social security | 454/9 | €59,590 | €39,425 | -€20,165 | -33.8% |
| Other amounts payable | 47/48 | €6,717 | €15,605 | +€8,888 | +132% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | - | €13,035 | +€13,035 | |
| Remuneration, social security and pensions | 62 | €362,744 | €198,748 | -€163,996 | -45.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €106,024 | €79,551 | -€26,474 | -25.0% |
| Other operating charges | 640/8 | €2,728 | €1,801 | -€927 | -34.0% |
| Non-recurring operating charges | 66A | - | €25,408 | +€25,408 | |
| Gross operating margin | 9900 | €406,355 | €243,943 | -€162,412 | -40.0% |
| Operating profit (loss) | 9901 | -€65,142 | -€61,565 | +€3,577 | +5.5% |
| Financial income | 75/76B | €1,590 | €203 | -€1,386 | -87.2% |
| Recurring financial income | 75 | €1,590 | €203 | -€1,386 | -87.2% |
| Financial charges | 65/66B | €5,040 | €5,637 | +€597 | +11.9% |
| Recurring financial charges | 65 | €5,040 | €5,637 | +€597 | +11.9% |
| Profit (loss) for the period before taxes | 9903 | -€68,592 | -€66,999 | +€1,593 | +2.3% |
| Income taxes | 67/77 | €768 | €645 | -€123 | -16.0% |
| Profit (loss) for the period | 9904 | -€69,360 | -€67,644 | +€1,716 | +2.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€69,360 | -€67,644 | +€1,716 | +2.5% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.