BEELEN: 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.
BEELEN
Largest movements
- Receivables within one year -€65,395
down €65,395 (-97.7%), from €66,955 to €1,560
- Cash -€47,959
down €47,959 (-85.7%), from €55,930 to €7,971
mainly Net result for the year (-€185,463) and Investment in fixed assets (net) (-€74,352)
- Profit (loss) carried forward -€176,138
down €176,138 (-89.9%), from -€195,943 to -€372,082
- Other debts +€63,951
new in 2025: €63,951
- Gross operating margin -€50,360
down €50,360 (-27.1%), from €185,835 to €135,475
- Financial income -€42,024
down €42,024 (-87.1%), from €48,270 to €6,246
- Financial charges +€9,453
up €9,453 (+3.9%), from €241,274 to €250,727
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 | €3,351,076 | €3,229,800 | -€121,276 | -3.6% |
| Fixed assets | 21/28 | €1,200,483 | €1,212,933 | +€12,450 | +1.0% |
| Tangible fixed assets | 22/27 | €1,200,483 | €1,212,933 | +€12,450 | +1.0% |
| Land and buildings | 22 | €1,169,254 | €1,190,652 | +€21,398 | +1.8% |
| Furniture and vehicles | 24 | €31,228 | €22,281 | -€8,948 | -28.7% |
| Current assets | 29/58 | €2,150,593 | €2,016,867 | -€133,726 | -6.2% |
| Amounts receivable within one year | 40/41 | €66,955 | €1,560 | -€65,395 | -97.7% |
| Other amounts receivable | 41 | €66,955 | €1,560 | -€65,395 | -97.7% |
| Current investments | 50/53 | €2,027,708 | €2,005,194 | -€22,515 | -1.1% |
| Cash at bank and in hand | 54/58 | €55,930 | €7,971 | -€47,959 | -85.7% |
| Deferred charges and accrued income | 490/1 | - | €2,143 | +€2,143 | |
| Total equity and liabilities | 10/49 | €3,351,076 | €3,229,800 | -€121,276 | -3.6% |
| Equity | 10/15 | -€17,423 | -€202,886 | -€185,463 | -1064.5% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €158,521 | €149,196 | -€9,325 | -5.9% |
| Tax-exempt reserves | 132 | €158,521 | €149,196 | -€9,325 | -5.9% |
| Profit (loss) carried forward | 14 | -€195,943 | -€372,082 | -€176,138 | -89.9% |
| Provisions and deferred taxes | 16 | €3,356,046 | €3,358,232 | +€2,186 | +0.1% |
| Provisions for liabilities and charges | 160/5 | €3,303,206 | €3,308,500 | +€5,294 | +0.2% |
| Other liabilities and charges | 164/5 | €3,303,206 | €3,308,500 | +€5,294 | +0.2% |
| Deferred taxes | 168 | €52,840 | €49,732 | -€3,108 | -5.9% |
| Amounts payable | 17/49 | €12,452 | €74,454 | +€62,001 | +497.9% |
| Amounts payable after more than one year | 17 | €9,132 | €9,132 | = | 0.0% |
| Other amounts payable | 178/9 | €9,132 | €9,132 | = | 0.0% |
| Amounts payable within one year | 42/48 | €1,220 | €65,322 | +€64,101 | +5252.4% |
| Trade debts | 44 | €994 | €1,371 | +€377 | +37.9% |
| Suppliers | 440/4 | €994 | €1,371 | +€377 | +37.9% |
| Taxes, remuneration and social security | 45 | €226 | - | -€226 | |
| Taxes | 450/3 | €226 | - | -€226 | |
| Other amounts payable | 47/48 | - | €63,951 | +€63,951 | |
| Accrued charges and deferred income | 492/3 | €2,100 | - | -€2,100 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €62,735 | €61,902 | -€833 | -1.3% |
| Other operating charges | 640/8 | €18,066 | €17,498 | -€568 | -3.1% |
| Gross operating margin | 9900 | €185,835 | €135,475 | -€50,360 | -27.1% |
| Operating profit (loss) | 9901 | €105,033 | €56,075 | -€48,959 | -46.6% |
| Financial income | 75/76B | €48,270 | €6,246 | -€42,024 | -87.1% |
| Recurring financial income | 75 | €48,270 | €6,246 | -€42,024 | -87.1% |
| Financial charges | 65/66B | €241,274 | €250,727 | +€9,453 | +3.9% |
| Recurring financial charges | 65 | €241,274 | €250,727 | +€9,453 | +3.9% |
| Profit (loss) for the period before taxes | 9903 | -€87,971 | -€188,406 | -€100,435 | -114.2% |
| Transfer from deferred taxes | 780 | €3,108 | €3,108 | = | 0.0% |
| Income taxes | 67/77 | €174 | €165 | -€9 | -5.4% |
| Profit (loss) for the period | 9904 | -€85,037 | -€185,463 | -€100,426 | -118.1% |
| Transfer from tax-exempt reserves | 789 | €9,325 | €9,325 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€75,712 | -€176,138 | -€100,426 | -132.6% |
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 30 September 2026 via checked.be.