BEELDSPRAAK: 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.
BEELDSPRAAK
Largest movements
- Tangible fixed assets -€21,117
down €21,117 (-20.0%), from €105,433 to €84,316
of which Land and buildings: -€14,521
- Current investments +€19,200
up €19,200 (+28.5%), from €67,476 to €86,676
- Cash +€10,292
up €10,292 (+36.2%), from €28,458 to €38,750
mainly Depreciation (+€24,898) and Other debts (+€14,014)
- Receivables within one year +€2,757
up €2,757 (+23.4%), from €11,767 to €14,525
of which Trade receivables: +€6,614
- Other debts +€14,014
up €14,014 (+19.9%), from €70,364 to €84,378
- Tax, wage and social debts -€4,920
down €4,920 (-73.9%), from €6,653 to €1,734
- Taxes -€6,528
down €6,528, from €6,512 to -€15
- Depreciation +€5,129
up €5,129 (+25.9%), from €19,769 to €24,898
- Gross operating margin -€2,321
down €2,321 (-8.4%), from €27,733 to €25,412
- Financial income +€1,721
up €1,721 (+6147.5%), from €28 to €1,749
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 | €213,134 | €224,266 | +€11,133 | +5.2% |
| Fixed assets | 21/28 | €105,433 | €84,316 | -€21,117 | -20.0% |
| Tangible fixed assets | 22/27 | €105,433 | €84,316 | -€21,117 | -20.0% |
| Land and buildings | 22 | €53,174 | €38,653 | -€14,521 | -27.3% |
| Plant, machinery and equipment | 23 | €21,354 | €18,528 | -€2,826 | -13.2% |
| Furniture and vehicles | 24 | €30,905 | €27,136 | -€3,769 | -12.2% |
| Current assets | 29/58 | €107,700 | €139,950 | +€32,250 | +29.9% |
| Amounts receivable within one year | 40/41 | €11,767 | €14,525 | +€2,757 | +23.4% |
| Trade receivables | 40 | €7,911 | €14,525 | +€6,614 | +83.6% |
| Other amounts receivable | 41 | €3,857 | - | -€3,857 | |
| Current investments | 50/53 | €67,476 | €86,676 | +€19,200 | +28.5% |
| Cash at bank and in hand | 54/58 | €28,458 | €38,750 | +€10,292 | +36.2% |
| Total equity and liabilities | 10/49 | €213,134 | €224,266 | +€11,133 | +5.2% |
| Equity | 10/15 | €133,999 | €135,046 | +€1,047 | +0.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €22,241 | €22,241 | = | 0.0% |
| 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 | €381 | €381 | = | 0.0% |
| Distributable reserves | 133 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €93,158 | €94,205 | +€1,047 | +1.1% |
| Amounts payable | 17/49 | €79,135 | €89,221 | +€10,086 | +12.7% |
| Amounts payable within one year | 42/48 | €79,135 | €89,221 | +€10,086 | +12.7% |
| Trade debts | 44 | €2,118 | €3,109 | +€992 | +46.8% |
| Suppliers | 440/4 | €2,118 | €3,109 | +€992 | +46.8% |
| Taxes, remuneration and social security | 45 | €6,653 | €1,734 | -€4,920 | -73.9% |
| Taxes | 450/3 | €6,653 | €1,734 | -€4,920 | -73.9% |
| Other amounts payable | 47/48 | €70,364 | €84,378 | +€14,014 | +19.9% |
| Non-recurring operating income | 76A | €3,346 | - | -€3,346 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,769 | €24,898 | +€5,129 | +25.9% |
| Other operating charges | 640/8 | €1,213 | €1,230 | +€17 | +1.4% |
| Gross operating margin | 9900 | €27,733 | €25,412 | -€2,321 | -8.4% |
| Operating profit (loss) | 9901 | €6,751 | -€717 | -€7,468 | |
| Financial income | 75/76B | €28 | €1,749 | +€1,721 | +6147.5% |
| Recurring financial income | 75 | €28 | €1,749 | +€1,721 | +6147.5% |
| Financial charges | 65/66B | €150 | €0 | -€150 | -99.7% |
| Recurring financial charges | 65 | €150 | €0 | -€150 | -99.7% |
| Profit (loss) for the period before taxes | 9903 | €6,629 | €1,032 | -€5,597 | -84.4% |
| Income taxes | 67/77 | €6,512 | -€15 | -€6,528 | |
| Profit (loss) for the period | 9904 | €116 | €1,047 | +€931 | +801.5% |
| Profit (loss) for the period to be appropriated | 9905 | €116 | €1,047 | +€931 | +801.5% |
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 8 October 2026 via checked.be.