BEELD EN KLANK: 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 EN KLANK
Largest movements
- Cash -€18,699
down €18,699 (-11.0%), from €170,523 to €151,824
mainly Contributions, distributions and other (-€18,600) and Tax, wage and social debts (-€8,278)
- Stocks and contracts -€3,914
down €3,914 (-3.6%), from €108,379 to €104,465
- Contributions -€18,600
no longer reported in 2025 (was €18,600)
- Tax, wage and social debts -€8,278
down €8,278 (-52.0%), from €15,911 to €7,632
of which Taxes: -€7,362
- Reserves +€6,297
up €6,297 (+339%), from €1,860 to €8,157
of which Distributable reserves: +€6,297
- Trade debts +€5,176
up €5,176 (+70.1%), from €7,385 to €12,561
- Other debts -€5,000
down €5,000 (-93.0%), from €5,375 to €375
- Gross operating margin +€16,851
up €16,851 (+82.8%), from €20,360 to €37,210
- Staff costs -€875
down €875 (-3.0%), from €29,519 to €28,644
- Taxes +€629
up €629 (+125,830%), from €1 to €630
- Other operating charges -€422
down €422 (-31.0%), from €1,359 to €937
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 | €285,433 | €262,777 | -€22,656 | -7.9% |
| Fixed assets | 21/28 | €1,210 | - | -€1,210 | |
| Tangible fixed assets | 22/27 | €1,210 | - | -€1,210 | |
| Plant, machinery and equipment | 23 | €1,210 | - | -€1,210 | |
| Current assets | 29/58 | €284,223 | €262,777 | -€21,446 | -7.5% |
| Amounts receivable after more than one year | 29 | €270 | €270 | = | 0.0% |
| Other amounts receivable | 291 | €270 | €270 | = | 0.0% |
| Stocks and contracts in progress | 3 | €108,379 | €104,465 | -€3,914 | -3.6% |
| Stocks | 30/36 | €108,379 | €104,465 | -€3,914 | -3.6% |
| Amounts receivable within one year | 40/41 | €4,301 | €5,082 | +€782 | +18.2% |
| Trade receivables | 40 | €3,301 | €2,625 | -€676 | -20.5% |
| Other amounts receivable | 41 | €1,000 | €2,457 | +€1,457 | +146% |
| Cash at bank and in hand | 54/58 | €170,523 | €151,824 | -€18,699 | -11.0% |
| Deferred charges and accrued income | 490/1 | €750 | €1,136 | +€386 | +51.4% |
| Total equity and liabilities | 10/49 | €285,433 | €262,777 | -€22,656 | -7.9% |
| Equity | 10/15 | €254,013 | €241,709 | -€12,304 | -4.8% |
| Contributions | 10/11 | €18,600 | - | -€18,600 | |
| Reserves | 13 | €1,860 | €8,157 | +€6,297 | +339% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | - | €6,297 | +€6,297 | |
| Profit (loss) carried forward | 14 | €233,553 | €233,553 | = | 0.0% |
| Amounts payable | 17/49 | €31,420 | €21,068 | -€10,352 | -32.9% |
| Amounts payable within one year | 42/48 | €31,420 | €21,068 | -€10,352 | -32.9% |
| Current portion of amounts payable after more than one year | 42 | - | €500 | +€500 | |
| Trade debts | 44 | €7,385 | €12,561 | +€5,176 | +70.1% |
| Suppliers | 440/4 | €7,385 | €12,561 | +€5,176 | +70.1% |
| Advances received on contracts in progress | 46 | €2,749 | - | -€2,749 | |
| Taxes, remuneration and social security | 45 | €15,911 | €7,632 | -€8,278 | -52.0% |
| Taxes | 450/3 | €12,190 | €4,828 | -€7,362 | -60.4% |
| Remuneration and social security | 454/9 | €3,721 | €2,804 | -€917 | -24.6% |
| Other amounts payable | 47/48 | €5,375 | €375 | -€5,000 | -93.0% |
| Remuneration, social security and pensions | 62 | €29,519 | €28,644 | -€875 | -3.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €871 | €553 | -€319 | -36.6% |
| Other operating charges | 640/8 | €1,359 | €937 | -€422 | -31.0% |
| Gross operating margin | 9900 | €20,360 | €37,210 | +€16,851 | +82.8% |
| Operating profit (loss) | 9901 | -€11,390 | €7,076 | +€18,466 | |
| Financial income | 75/76B | €161 | €306 | +€145 | +89.6% |
| Recurring financial income | 75 | €161 | €306 | +€145 | +89.6% |
| Financial charges | 65/66B | €412 | €456 | +€44 | +10.7% |
| Recurring financial charges | 65 | €412 | €456 | +€44 | +10.7% |
| Profit (loss) for the period before taxes | 9903 | -€11,640 | €6,926 | +€18,566 | |
| Income taxes | 67/77 | €1 | €630 | +€629 | +125,830% |
| Profit (loss) for the period | 9904 | -€11,641 | €6,297 | +€17,937 | |
| Profit (loss) for the period to be appropriated | 9905 | -€11,641 | €6,297 | +€17,937 |
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 17 October 2026 via checked.be.