BEELD in BEELD: 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 in BEELD
Largest movements
- Tangible fixed assets +€30,437
up €30,437 (+50.2%), from €60,622 to €91,058
of which Land and buildings: +€37,422
- Cash +€18,463
up €18,463 (+541%), from €3,413 to €21,876
mainly Net result for the year (+€41,316) and Depreciation (+€35,704)
- Receivables within one year -€13,279
down €13,279 (-41.0%), from €32,419 to €19,139
of which Other amounts receivable: -€19,596
- Intangible fixed assets +€2,718
new in 2025: €2,718
- Reserves +€41,316
up €41,316 (+55.8%), from €74,052 to €115,368
- Debts after one year -€7,366
down €7,366 (-86.4%), from €8,526 to €1,160
- Current portion of long-term debt +€2,334
up €2,334 (+38.9%), from €5,999 to €8,333
- Trade debts -€2,146
down €2,146 (-43.0%), from €4,990 to €2,844
- Other debts +€1,944
up €1,944, from €0 to €1,944
- Gross operating margin +€19,225
up €19,225 (+26.0%), from €73,827 to €93,051
- Depreciation +€9,931
up €9,931 (+38.5%), from €25,773 to €35,704
- Other operating charges +€2,209
up €2,209 (+73.7%), from €2,998 to €5,206
- Taxes +€996
up €996 (+12.3%), from €8,064 to €9,060
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 | €97,219 | €135,767 | +€38,548 | +39.7% |
| Fixed assets | 21/28 | €60,622 | €93,776 | +€33,154 | +54.7% |
| Intangible fixed assets | 21 | - | €2,718 | +€2,718 | |
| Tangible fixed assets | 22/27 | €60,622 | €91,058 | +€30,437 | +50.2% |
| Land and buildings | 22 | - | €37,422 | +€37,422 | |
| Plant, machinery and equipment | 23 | €55,759 | €43,164 | -€12,594 | -22.6% |
| Furniture and vehicles | 24 | €4,863 | €10,472 | +€5,608 | +115% |
| Current assets | 29/58 | €36,597 | €41,991 | +€5,393 | +14.7% |
| Amounts receivable within one year | 40/41 | €32,419 | €19,139 | -€13,279 | -41.0% |
| Trade receivables | 40 | €11,740 | €18,057 | +€6,316 | +53.8% |
| Other amounts receivable | 41 | €20,679 | €1,083 | -€19,596 | -94.8% |
| Cash at bank and in hand | 54/58 | €3,413 | €21,876 | +€18,463 | +541% |
| Deferred charges and accrued income | 490/1 | €765 | €975 | +€210 | +27.4% |
| Total equity and liabilities | 10/49 | €97,219 | €135,767 | +€38,548 | +39.7% |
| Equity | 10/15 | €77,052 | €118,368 | +€41,316 | +53.6% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €74,052 | €115,368 | +€41,316 | +55.8% |
| Distributable reserves | 133 | €74,052 | €115,368 | +€41,316 | +55.8% |
| Amounts payable | 17/49 | €20,167 | €17,399 | -€2,768 | -13.7% |
| Amounts payable after more than one year | 17 | €8,526 | €1,160 | -€7,366 | -86.4% |
| Financial debts | 170/4 | €8,526 | €1,160 | -€7,366 | -86.4% |
| Amounts payable within one year | 42/48 | €11,641 | €16,238 | +€4,597 | +39.5% |
| Current portion of amounts payable after more than one year | 42 | €5,999 | €8,333 | +€2,334 | +38.9% |
| Financial debts | 43 | - | €1,686 | +€1,686 | |
| Credit institutions | 430/8 | - | €1,686 | +€1,686 | |
| Trade debts | 44 | €4,990 | €2,844 | -€2,146 | -43.0% |
| Suppliers | 440/4 | €4,990 | €2,844 | -€2,146 | -43.0% |
| Taxes, remuneration and social security | 45 | €652 | €1,431 | +€779 | +119% |
| Taxes | 450/3 | €652 | €1,431 | +€779 | +119% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €0 | €1,944 | +€1,944 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,773 | €35,704 | +€9,931 | +38.5% |
| Other operating charges | 640/8 | €2,998 | €5,206 | +€2,209 | +73.7% |
| Gross operating margin | 9900 | €73,827 | €93,051 | +€19,225 | +26.0% |
| Operating profit (loss) | 9901 | €45,056 | €52,141 | +€7,085 | +15.7% |
| Financial income | 75/76B | €4 | €19 | +€15 | +368% |
| Recurring financial income | 75 | €4 | €19 | +€15 | +368% |
| Financial charges | 65/66B | €1,706 | €1,784 | +€78 | +4.6% |
| Recurring financial charges | 65 | €1,706 | €1,784 | +€78 | +4.6% |
| Profit (loss) for the period before taxes | 9903 | €43,355 | €50,376 | +€7,021 | +16.2% |
| Income taxes | 67/77 | €8,064 | €9,060 | +€996 | +12.3% |
| Profit (loss) for the period | 9904 | €35,290 | €41,316 | +€6,026 | +17.1% |
| Profit (loss) for the period to be appropriated | 9905 | €35,290 | €41,316 | +€6,026 | +17.1% |
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 19 October 2026 via checked.be.