BEELDCREATIE: 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.
BEELDCREATIE
Largest movements
- Cash -€23,208
down €23,208 (-24.7%), from €93,861 to €70,653
mainly Contributions, distributions and other (-€49,736) and Investment in fixed assets (net) (-€4,178)
- Tangible fixed assets -€8,416
down €8,416 (-28.0%), from €30,072 to €21,656
of which Furniture and vehicles: -€6,966
- Reserves -€31,417
down €31,417 (-25.2%), from €124,675 to €93,258
- Tax, wage and social debts +€3,854
up €3,854 (+178.8%), from €2,156 to €6,009
of which Taxes: +€3,854
- Trade debts -€2,156
down €2,156 (-67.6%), from €3,191 to €1,035
- Other debts -€1,874
down €1,874 (-11.7%), from €16,082 to €14,209
- Gross operating margin +€14,898
up €14,898 (+61.7%), from €24,151 to €39,049
- Taxes +€4,193
up €4,193 (+125.0%), from €3,355 to €7,548
- Financial income +€758
up €758 (+188.3%), from €403 to €1,161
- Depreciation +€401
up €401 (+3.3%), from €12,193 to €12,594
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 | €153,154 | €121,788 | -€31,367 | -20.5% |
| Fixed assets | 21/28 | €30,072 | €21,656 | -€8,416 | -28.0% |
| Tangible fixed assets | 22/27 | €30,072 | €21,656 | -€8,416 | -28.0% |
| Plant, machinery and equipment | 23 | €1,761 | €311 | -€1,450 | -82.3% |
| Furniture and vehicles | 24 | €28,311 | €21,345 | -€6,966 | -24.6% |
| Current assets | 29/58 | €123,082 | €100,132 | -€22,951 | -18.6% |
| Amounts receivable within one year | 40/41 | €28,849 | €29,101 | +€252 | +0.9% |
| Trade receivables | 40 | €28,251 | €29,101 | +€850 | +3.0% |
| Other amounts receivable | 41 | €598 | €0 | -€598 | -100.0% |
| Cash at bank and in hand | 54/58 | €93,861 | €70,653 | -€23,208 | -24.7% |
| Deferred charges and accrued income | 490/1 | €373 | €378 | +€5 | +1.3% |
| Total equity and liabilities | 10/49 | €153,154 | €121,788 | -€31,367 | -20.5% |
| Equity | 10/15 | €130,880 | €99,463 | -€31,417 | -24.0% |
| Contributions | 10/11 | €6,205 | €6,205 | = | 0.0% |
| Reserves | 13 | €124,675 | €93,258 | -€31,417 | -25.2% |
| Distributable reserves | 133 | €124,675 | €93,258 | -€31,417 | -25.2% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €22,274 | €22,325 | +€50 | +0.2% |
| Amounts payable within one year | 42/48 | €21,429 | €21,252 | -€176 | -0.8% |
| Trade debts | 44 | €3,191 | €1,035 | -€2,156 | -67.6% |
| Suppliers | 440/4 | €3,191 | €1,035 | -€2,156 | -67.6% |
| Taxes, remuneration and social security | 45 | €2,156 | €6,009 | +€3,854 | +178.8% |
| Taxes | 450/3 | €2,156 | €6,009 | +€3,854 | +178.8% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €16,082 | €14,209 | -€1,874 | -11.7% |
| Accrued charges and deferred income | 492/3 | €846 | €1,072 | +€226 | +26.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,193 | €12,594 | +€401 | +3.3% |
| Other operating charges | 640/8 | €511 | €522 | +€11 | +2.2% |
| Gross operating margin | 9900 | €24,151 | €39,049 | +€14,898 | +61.7% |
| Operating profit (loss) | 9901 | €11,447 | €25,933 | +€14,486 | +126.5% |
| Financial income | 75/76B | €403 | €1,161 | +€758 | +188.3% |
| Recurring financial income | 75 | €403 | €1,161 | +€758 | +188.3% |
| Financial charges | 65/66B | €1,146 | €1,228 | +€82 | +7.2% |
| Recurring financial charges | 65 | €1,146 | €1,228 | +€82 | +7.2% |
| Profit (loss) for the period before taxes | 9903 | €10,704 | €25,867 | +€15,162 | +141.6% |
| Income taxes | 67/77 | €3,355 | €7,548 | +€4,193 | +125.0% |
| Profit (loss) for the period | 9904 | €7,349 | €18,319 | +€10,970 | +149.3% |
| Profit (loss) for the period to be appropriated | 9905 | €7,349 | €18,319 | +€10,970 | +149.3% |
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 6 October 2026 via checked.be.