BEENCKENS: 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.
BEENCKENS
Largest movements
- Current investments +€782,000
up €782,000 (+71.1%), from €1.1m to €1.9m
- Tangible fixed assets -€229,428
down €229,428 (-6.5%), from €3.5m to €3.3m
of which Land and buildings: -€207,890
- Receivables within one year -€217,400
down €217,400 (-65.9%), from €329,740 to €112,340
of which Other amounts receivable: -€275,684
- Cash -€96,493
down €96,493 (-63.8%), from €151,261 to €54,768
mainly Current investments (-€782,000) and Contributions, distributions and other (-€238,796)
- Other debts +€222,243
up €222,243 (+7722.4%), from €2,878 to €225,121
- Reserves +€198,313
up €198,313 (+13.0%), from €1.5m to €1.7m
of which Distributable reserves: +€198,313
- Debts after one year -€183,368
down €183,368 (-26.7%), from €686,088 to €502,720
- Gross operating margin +€40,208
up €40,208 (+4.1%), from €976,589 to €1.0m
- Taxes +€21,923
up €21,923 (+11.2%), from €195,526 to €217,449
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 | €5,136,442 | €5,366,967 | +€230,525 | +4.5% |
| Fixed assets | 21/28 | €3,542,183 | €3,312,755 | -€229,428 | -6.5% |
| Tangible fixed assets | 22/27 | €3,542,183 | €3,312,755 | -€229,428 | -6.5% |
| Land and buildings | 22 | €3,443,274 | €3,235,385 | -€207,890 | -6.0% |
| Furniture and vehicles | 24 | €98,909 | €77,371 | -€21,538 | -21.8% |
| Current assets | 29/58 | €1,594,259 | €2,054,212 | +€459,953 | +28.9% |
| Amounts receivable within one year | 40/41 | €329,740 | €112,340 | -€217,400 | -65.9% |
| Trade receivables | 40 | €44,761 | €103,045 | +€58,284 | +130.2% |
| Other amounts receivable | 41 | €284,979 | €9,295 | -€275,684 | -96.7% |
| Current investments | 50/53 | €1,100,000 | €1,882,000 | +€782,000 | +71.1% |
| Cash at bank and in hand | 54/58 | €151,261 | €54,768 | -€96,493 | -63.8% |
| Deferred charges and accrued income | 490/1 | €13,258 | €5,104 | -€8,154 | -61.5% |
| Total equity and liabilities | 10/49 | €5,136,442 | €5,366,967 | +€230,525 | +4.5% |
| Equity | 10/15 | €4,152,969 | €4,351,283 | +€198,313 | +4.8% |
| Contributions | 10/11 | €211,000 | €211,000 | = | 0.0% |
| Capital | 10 | €211,000 | €211,000 | = | 0.0% |
| Issued capital | 100 | €211,000 | €211,000 | = | 0.0% |
| Reserves | 13 | €1,529,598 | €1,727,911 | +€198,313 | +13.0% |
| Non-distributable reserves | 130/1 | €21,100 | €21,100 | = | 0.0% |
| Legal reserve | 130 | €21,100 | €21,100 | = | 0.0% |
| Distributable reserves | 133 | €1,508,498 | €1,706,811 | +€198,313 | +13.1% |
| Profit (loss) carried forward | 14 | €2,412,371 | €2,412,371 | = | 0.0% |
| Amounts payable | 17/49 | €983,473 | €1,015,684 | +€32,211 | +3.3% |
| Amounts payable after more than one year | 17 | €686,088 | €502,720 | -€183,368 | -26.7% |
| Financial debts | 170/4 | €686,088 | €502,720 | -€183,368 | -26.7% |
| Amounts payable within one year | 42/48 | €262,349 | €477,096 | +€214,747 | +81.9% |
| Current portion of amounts payable after more than one year | 42 | €234,615 | €183,368 | -€51,247 | -21.8% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €9,520 | €15,014 | +€5,494 | +57.7% |
| Suppliers | 440/4 | €9,520 | €15,014 | +€5,494 | +57.7% |
| Taxes, remuneration and social security | 45 | €15,336 | €53,594 | +€38,258 | +249.5% |
| Taxes | 450/3 | €15,336 | €53,594 | +€38,258 | +249.5% |
| Other amounts payable | 47/48 | €2,878 | €225,121 | +€222,243 | +7722.4% |
| Accrued charges and deferred income | 492/3 | €35,036 | €35,868 | +€832 | +2.4% |
| Non-recurring operating income | 76A | €42,975 | €0 | -€42,975 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €262,726 | €266,072 | +€3,345 | +1.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €8,118 | +€8,118 | |
| Other operating charges | 640/8 | €109,106 | €105,735 | -€3,371 | -3.1% |
| Gross operating margin | 9900 | €976,589 | €1,016,798 | +€40,208 | +4.1% |
| Operating profit (loss) | 9901 | €604,757 | €636,873 | +€32,116 | +5.3% |
| Financial income | 75/76B | €37,133 | €28,319 | -€8,814 | -23.7% |
| Recurring financial income | 75 | €37,133 | €28,319 | -€8,814 | -23.7% |
| Financial charges | 65/66B | €13,408 | €10,633 | -€2,775 | -20.7% |
| Recurring financial charges | 65 | €13,408 | €10,633 | -€2,775 | -20.7% |
| Profit (loss) for the period before taxes | 9903 | €628,482 | €654,559 | +€26,077 | +4.1% |
| Income taxes | 67/77 | €195,526 | €217,449 | +€21,923 | +11.2% |
| Profit (loss) for the period | 9904 | €432,956 | €437,110 | +€4,153 | +1.0% |
| Profit (loss) for the period to be appropriated | 9905 | €432,956 | €437,110 | +€4,153 | +1.0% |
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 9 October 2026 via checked.be.