BEERNAERT: 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.
BEERNAERT
Largest movements
- Cash -€26,582
down €26,582 (-27.1%), from €98,034 to €71,452
mainly Net result for the year (-€72,927) and Receivables within one year (-€8,991)
- Stocks and contracts -€19,208
down €19,208 (-12.0%), from €160,665 to €141,457
- Receivables within one year +€8,991
up €8,991 (+24.0%), from €37,523 to €46,514
- Tangible fixed assets -€6,550
down €6,550 (-17.8%), from €36,819 to €30,269
of which Plant, machinery and equipment: -€3,733
- Financial fixed assets -€3,830
down €3,830 (-100%), from €3,830 to €0
- Reserves -€72,927
down €72,927 (-53.6%), from €136,125 to €63,197
- Trade debts +€21,134
up €21,134 (+66.8%), from €31,635 to €52,769
- Gross operating margin -€69,292
down €69,292 (-44.5%), from €155,631 to €86,339
- Staff costs -€3,689
down €3,689 (-2.6%), from €143,257 to €139,568
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 | €342,133 | €294,427 | -€47,706 | -13.9% |
| Fixed assets | 21/28 | €40,649 | €30,269 | -€10,380 | -25.5% |
| Tangible fixed assets | 22/27 | €36,819 | €30,269 | -€6,550 | -17.8% |
| Land and buildings | 22 | €26,350 | €23,352 | -€2,997 | -11.4% |
| Plant, machinery and equipment | 23 | €8,841 | €5,108 | -€3,733 | -42.2% |
| Furniture and vehicles | 24 | €1,628 | €1,808 | +€180 | +11.1% |
| Financial fixed assets | 28 | €3,830 | €0 | -€3,830 | -100% |
| Current assets | 29/58 | €301,484 | €264,158 | -€37,326 | -12.4% |
| Stocks and contracts in progress | 3 | €160,665 | €141,457 | -€19,208 | -12.0% |
| Stocks | 30/36 | €160,665 | €141,457 | -€19,208 | -12.0% |
| Amounts receivable within one year | 40/41 | €37,523 | €46,514 | +€8,991 | +24.0% |
| Trade receivables | 40 | €37,523 | €46,514 | +€8,991 | +24.0% |
| Cash at bank and in hand | 54/58 | €98,034 | €71,452 | -€26,582 | -27.1% |
| Deferred charges and accrued income | 490/1 | €5,262 | €4,735 | -€527 | -10.0% |
| Total equity and liabilities | 10/49 | €342,133 | €294,427 | -€47,706 | -13.9% |
| Equity | 10/15 | €284,861 | €211,933 | -€72,927 | -25.6% |
| Contributions | 10/11 | €148,736 | €148,736 | = | 0.0% |
| Reserves | 13 | €136,125 | €63,197 | -€72,927 | -53.6% |
| Distributable reserves | 133 | €136,125 | €63,197 | -€72,927 | -53.6% |
| Amounts payable | 17/49 | €57,272 | €82,494 | +€25,222 | +44.0% |
| Amounts payable within one year | 42/48 | €57,131 | €81,426 | +€24,295 | +42.5% |
| Trade debts | 44 | €31,635 | €52,769 | +€21,134 | +66.8% |
| Suppliers | 440/4 | €31,635 | €52,769 | +€21,134 | +66.8% |
| Taxes, remuneration and social security | 45 | €25,497 | €28,658 | +€3,161 | +12.4% |
| Taxes | 450/3 | €3,677 | €5,964 | +€2,287 | +62.2% |
| Remuneration and social security | 454/9 | €21,819 | €22,693 | +€874 | +4.0% |
| Accrued charges and deferred income | 492/3 | €140 | €1,067 | +€927 | +660% |
| Remuneration, social security and pensions | 62 | €143,257 | €139,568 | -€3,689 | -2.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,285 | €7,291 | +€6 | +0.1% |
| Other operating charges | 640/8 | €11,010 | €11,227 | +€217 | +2.0% |
| Gross operating margin | 9900 | €155,631 | €86,339 | -€69,292 | -44.5% |
| Operating profit (loss) | 9901 | -€5,922 | -€71,747 | -€65,825 | -1,112% |
| Financial income | 75/76B | €69 | €225 | +€156 | +228% |
| Recurring financial income | 75 | €69 | €225 | +€156 | +228% |
| Financial charges | 65/66B | €1,866 | €1,406 | -€460 | -24.7% |
| Recurring financial charges | 65 | €1,866 | €1,406 | -€460 | -24.7% |
| Profit (loss) for the period before taxes | 9903 | -€7,719 | -€72,927 | -€65,208 | -845% |
| Profit (loss) for the period | 9904 | -€7,719 | -€72,927 | -€65,208 | -845% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,719 | -€72,927 | -€65,208 | -845% |
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 18 October 2026 via checked.be.