BEENHOUWERIJ TORBEYNS: 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.
BEENHOUWERIJ TORBEYNS
Largest movements
- Cash +€53,672
up €53,672 (+22.4%), from €239,324 to €292,996
mainly Net result for the year (+€41,136) and Depreciation (+€31,045)
- Tangible fixed assets -€26,854
down €26,854 (-13.7%), from €196,001 to €169,147
of which Furniture and vehicles: -€18,519
- Reserves +€41,136
up €41,136 (+1,844%), from €2,231 to €43,367
- Debts after one year -€11,874
down €11,874 (-29.6%), from €40,057 to €28,183
- Trade debts -€8,775
down €8,775 (-29.8%), from €29,419 to €20,644
- Gross operating margin -€24,423
down €24,423 (-10.7%), from €228,120 to €203,697
- Staff costs +€23,501
up €23,501 (+27.4%), from €85,768 to €109,268
- Taxes -€8,560
down €8,560 (-30.2%), from €28,316 to €19,756
- Depreciation +€3,780
up €3,780 (+13.9%), from €27,265 to €31,045
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 | €450,089 | €474,191 | +€24,102 | +5.4% |
| Fixed assets | 21/28 | €196,110 | €169,256 | -€26,854 | -13.7% |
| Tangible fixed assets | 22/27 | €196,001 | €169,147 | -€26,854 | -13.7% |
| Land and buildings | 22 | €105,772 | €101,471 | -€4,300 | -4.1% |
| Plant, machinery and equipment | 23 | €11,617 | €11,223 | -€394 | -3.4% |
| Furniture and vehicles | 24 | €74,972 | €56,453 | -€18,519 | -24.7% |
| Other tangible fixed assets | 26 | €3,640 | - | -€3,640 | |
| Financial fixed assets | 28 | €109 | €109 | = | 0.0% |
| Current assets | 29/58 | €253,979 | €304,935 | +€50,956 | +20.1% |
| Stocks and contracts in progress | 3 | €3,691 | €5,331 | +€1,639 | +44.4% |
| Stocks | 30/36 | €3,691 | €5,331 | +€1,639 | +44.4% |
| Amounts receivable within one year | 40/41 | €7,631 | €4,118 | -€3,513 | -46.0% |
| Trade receivables | 40 | €2,581 | €1,982 | -€599 | -23.2% |
| Other amounts receivable | 41 | €5,050 | €2,136 | -€2,914 | -57.7% |
| Cash at bank and in hand | 54/58 | €239,324 | €292,996 | +€53,672 | +22.4% |
| Deferred charges and accrued income | 490/1 | €3,332 | €2,489 | -€843 | -25.3% |
| Total equity and liabilities | 10/49 | €450,089 | €474,191 | +€24,102 | +5.4% |
| Equity | 10/15 | €362,329 | €403,465 | +€41,136 | +11.4% |
| Contributions | 10/11 | €22,310 | €22,310 | = | 0.0% |
| Reserves | 13 | €2,231 | €43,367 | +€41,136 | +1,844% |
| Distributable reserves | 133 | €2,231 | €43,367 | +€41,136 | +1,844% |
| Profit (loss) carried forward | 14 | €337,787 | €337,787 | = | 0.0% |
| Amounts payable | 17/49 | €87,760 | €70,726 | -€17,034 | -19.4% |
| Amounts payable after more than one year | 17 | €40,057 | €28,183 | -€11,874 | -29.6% |
| Financial debts | 170/4 | €40,057 | €28,183 | -€11,874 | -29.6% |
| Amounts payable within one year | 42/48 | €47,703 | €42,543 | -€5,160 | -10.8% |
| Current portion of amounts payable after more than one year | 42 | €11,397 | €11,874 | +€477 | +4.2% |
| Trade debts | 44 | €29,419 | €20,644 | -€8,775 | -29.8% |
| Suppliers | 440/4 | €29,419 | €20,644 | -€8,775 | -29.8% |
| Taxes, remuneration and social security | 45 | €6,227 | €9,990 | +€3,763 | +60.4% |
| Taxes | 450/3 | - | €2,378 | +€2,378 | |
| Remuneration and social security | 454/9 | €6,227 | €7,612 | +€1,386 | +22.3% |
| Other amounts payable | 47/48 | €661 | €36 | -€625 | -94.6% |
| Remuneration, social security and pensions | 62 | €85,768 | €109,268 | +€23,501 | +27.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,265 | €31,045 | +€3,780 | +13.9% |
| Other operating charges | 640/8 | €3,426 | €2,938 | -€487 | -14.2% |
| Gross operating margin | 9900 | €228,120 | €203,697 | -€24,423 | -10.7% |
| Operating profit (loss) | 9901 | €111,662 | €60,445 | -€51,217 | -45.9% |
| Financial income | 75/76B | €1,618 | €2,345 | +€727 | +45.0% |
| Recurring financial income | 75 | €1,618 | €2,345 | +€727 | +45.0% |
| Financial charges | 65/66B | €1,801 | €1,898 | +€97 | +5.4% |
| Recurring financial charges | 65 | €1,801 | €1,898 | +€97 | +5.4% |
| Profit (loss) for the period before taxes | 9903 | €111,478 | €60,892 | -€50,587 | -45.4% |
| Income taxes | 67/77 | €28,316 | €19,756 | -€8,560 | -30.2% |
| Profit (loss) for the period | 9904 | €83,162 | €41,136 | -€42,026 | -50.5% |
| Profit (loss) for the period to be appropriated | 9905 | €83,162 | €41,136 | -€42,026 | -50.5% |
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 27 October 2026 via checked.be.