BEELEN - DESAER: 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.
BEELEN - DESAER
Largest movements
- Cash -€15,798
down €15,798 (-73.5%), from €21,480 to €5,682
mainly Net result for the year (-€21,024) and Trade debts (-€5,183)
- Receivables within one year -€10,744
down €10,744 (-59.9%), from €17,948 to €7,204
of which Other amounts receivable: -€10,603
- Tangible fixed assets -€3,580
down €3,580 (-27.4%), from €13,067 to €9,487
of which Land and buildings: -€3,580
- Stocks and contracts +€740
up €740 (+22.4%), from €3,299 to €4,039
- Profit (loss) carried forward -€21,024
down €21,024 (-157%), from -€13,406 to -€34,431
- Trade debts -€5,183
down €5,183 (-11.7%), from €44,318 to €39,135
- Short-term financial debts -€2,278
down €2,278 (-46.0%), from €4,950 to €2,672
- Accrued charges and deferred income -€712
down €712 (-61.1%), from €1,164 to €453
- Gross operating margin -€43,763
down €43,763, from €36,278 to -€7,486
- Depreciation -€4,038
down €4,038 (-53.0%), from €7,618 to €3,580
- Write-downs -€1,124
no longer reported in 2025 (was €1,124)
- Other operating charges +€920
up €920 (+30.2%), from €3,049 to €3,969
- Staff costs -€450
down €450 (-8.0%), from €5,612 to €5,163
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 | €58,049 | €28,932 | -€29,117 | -50.2% |
| Fixed assets | 21/28 | €13,067 | €9,487 | -€3,580 | -27.4% |
| Tangible fixed assets | 22/27 | €13,067 | €9,487 | -€3,580 | -27.4% |
| Land and buildings | 22 | €6,267 | €2,687 | -€3,580 | -57.1% |
| Furniture and vehicles | 24 | €6,800 | €6,800 | = | 0.0% |
| Current assets | 29/58 | €44,982 | €19,445 | -€25,537 | -56.8% |
| Stocks and contracts in progress | 3 | €3,299 | €4,039 | +€740 | +22.4% |
| Stocks | 30/36 | €3,299 | €4,039 | +€740 | +22.4% |
| Amounts receivable within one year | 40/41 | €17,948 | €7,204 | -€10,744 | -59.9% |
| Trade receivables | 40 | €1,128 | €987 | -€141 | -12.5% |
| Other amounts receivable | 41 | €16,820 | €6,217 | -€10,603 | -63.0% |
| Cash at bank and in hand | 54/58 | €21,480 | €5,682 | -€15,798 | -73.5% |
| Deferred charges and accrued income | 490/1 | €2,255 | €2,520 | +€265 | +11.7% |
| Total equity and liabilities | 10/49 | €58,049 | €28,932 | -€29,117 | -50.2% |
| Equity | 10/15 | €6,205 | -€14,820 | -€21,024 | |
| Contributions | 10/11 | €16,865 | €16,865 | = | 0.0% |
| Reserves | 13 | €2,746 | €2,746 | = | 0.0% |
| Distributable reserves | 133 | €2,746 | €2,746 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€13,406 | -€34,431 | -€21,024 | -157% |
| Amounts payable | 17/49 | €51,845 | €43,752 | -€8,093 | -15.6% |
| Amounts payable within one year | 42/48 | €50,681 | €43,299 | -€7,381 | -14.6% |
| Financial debts | 43 | €4,950 | €2,672 | -€2,278 | -46.0% |
| Credit institutions | 430/8 | €4,950 | €2,672 | -€2,278 | -46.0% |
| Trade debts | 44 | €44,318 | €39,135 | -€5,183 | -11.7% |
| Suppliers | 440/4 | €44,318 | €39,135 | -€5,183 | -11.7% |
| Taxes, remuneration and social security | 45 | €1,413 | €1,493 | +€80 | +5.7% |
| Taxes | 450/3 | €699 | €714 | +€15 | +2.2% |
| Remuneration and social security | 454/9 | €713 | €779 | +€65 | +9.1% |
| Accrued charges and deferred income | 492/3 | €1,164 | €453 | -€712 | -61.1% |
| Remuneration, social security and pensions | 62 | €5,612 | €5,163 | -€450 | -8.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,618 | €3,580 | -€4,038 | -53.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €1,124 | - | -€1,124 | |
| Other operating charges | 640/8 | €3,049 | €3,969 | +€920 | +30.2% |
| Gross operating margin | 9900 | €36,278 | -€7,486 | -€43,763 | |
| Operating profit (loss) | 9901 | €18,874 | -€20,197 | -€39,071 | |
| Financial income | 75/76B | €0 | €15 | +€15 | +30,620% |
| Recurring financial income | 75 | €0 | €15 | +€15 | +30,620% |
| Financial charges | 65/66B | €988 | €603 | -€385 | -39.0% |
| Recurring financial charges | 65 | €988 | €603 | -€385 | -39.0% |
| Profit (loss) for the period before taxes | 9903 | €17,886 | -€20,785 | -€38,671 | |
| Income taxes | 67/77 | €475 | €239 | -€235 | -49.6% |
| Profit (loss) for the period | 9904 | €17,411 | -€21,024 | -€38,436 | |
| Profit (loss) for the period to be appropriated | 9905 | €17,411 | -€21,024 | -€38,436 |
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 28 October 2026 via checked.be.