BEERNAERT'S RECYCLING: 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'S RECYCLING
Largest movements
- Tangible fixed assets +€431,128
up €431,128 (+34.6%), from €1.2m to €1.7m
of which Plant, machinery and equipment: +€562,194
- Receivables within one year -€221,958
down €221,958 (-5.7%), from €3.9m to €3.7m
of which Other amounts receivable: -€425,344
- Cash +€161,152
up €161,152 (+201%), from €80,356 to €241,508
mainly Depreciation (+€742,933) and Trade debts (+€374,601)
- Trade debts +€374,601
up €374,601 (+47.7%), from €784,773 to €1.2m
- Other debts +€227,464
up €227,464 (+21.1%), from €1.1m to €1.3m
- Debts after one year -€155,026
down €155,026 (-27.6%), from €561,777 to €406,751
- Current portion of long-term debt -€143,452
down €143,452 (-43.0%), from €333,650 to €190,198
- Profit (loss) carried forward +€126,072
up €126,072 (+5.6%), from €2.3m to €2.4m
- Gross operating margin -€153,570
down €153,570 (-10.4%), from €1.5m to €1.3m
- Other operating charges -€136,527
down €136,527 (-82.0%), from €166,432 to €29,905
- Depreciation +€86,826
up €86,826 (+13.2%), from €656,107 to €742,933
- Taxes +€20,008
up €20,008 (+13.4%), from €149,867 to €169,875
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 | €5,324,653 | €5,684,525 | +€359,872 | +6.8% |
| Fixed assets | 21/28 | €1,247,836 | €1,678,964 | +€431,128 | +34.6% |
| Tangible fixed assets | 22/27 | €1,247,836 | €1,678,964 | +€431,128 | +34.6% |
| Land and buildings | 22 | €247,000 | €204,890 | -€42,110 | -17.0% |
| Plant, machinery and equipment | 23 | €892,760 | €1,454,954 | +€562,194 | +63.0% |
| Furniture and vehicles | 24 | €20,267 | €10,358 | -€9,909 | -48.9% |
| Leasing and similar rights | 25 | €87,809 | €8,762 | -€79,047 | -90.0% |
| Current assets | 29/58 | €4,076,817 | €4,005,561 | -€71,256 | -1.7% |
| Stocks and contracts in progress | 3 | €110,542 | €100,092 | -€10,450 | -9.5% |
| Stocks | 30/36 | €110,542 | €100,092 | -€10,450 | -9.5% |
| Amounts receivable within one year | 40/41 | €3,885,919 | €3,663,961 | -€221,958 | -5.7% |
| Trade receivables | 40 | €1,034,555 | €1,237,941 | +€203,386 | +19.7% |
| Other amounts receivable | 41 | €2,851,364 | €2,426,020 | -€425,344 | -14.9% |
| Cash at bank and in hand | 54/58 | €80,356 | €241,508 | +€161,152 | +201% |
| Total equity and liabilities | 10/49 | €5,324,653 | €5,684,525 | +€359,872 | +6.8% |
| Equity | 10/15 | €2,279,353 | €2,405,425 | +€126,072 | +5.5% |
| Contributions | 10/11 | €22,000 | €22,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,257,353 | €2,383,425 | +€126,072 | +5.6% |
| Amounts payable | 17/49 | €3,045,300 | €3,279,100 | +€233,800 | +7.7% |
| Amounts payable after more than one year | 17 | €561,777 | €406,751 | -€155,026 | -27.6% |
| Financial debts | 170/4 | €561,777 | €406,751 | -€155,026 | -27.6% |
| Amounts payable within one year | 42/48 | €2,483,048 | €2,871,802 | +€388,754 | +15.7% |
| Current portion of amounts payable after more than one year | 42 | €333,650 | €190,198 | -€143,452 | -43.0% |
| Trade debts | 44 | €784,773 | €1,159,374 | +€374,601 | +47.7% |
| Suppliers | 440/4 | €784,773 | €1,159,374 | +€374,601 | +47.7% |
| Taxes, remuneration and social security | 45 | €284,981 | €215,122 | -€69,859 | -24.5% |
| Taxes | 450/3 | €282,406 | €212,240 | -€70,166 | -24.8% |
| Remuneration and social security | 454/9 | €2,575 | €2,882 | +€307 | +11.9% |
| Other amounts payable | 47/48 | €1,079,644 | €1,307,108 | +€227,464 | +21.1% |
| Accrued charges and deferred income | 492/3 | €475 | €547 | +€72 | +15.2% |
| Remuneration, social security and pensions | 62 | €153,896 | €165,797 | +€11,901 | +7.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €656,107 | €742,933 | +€86,826 | +13.2% |
| Other operating charges | 640/8 | €166,432 | €29,905 | -€136,527 | -82.0% |
| Gross operating margin | 9900 | €1,474,775 | €1,321,205 | -€153,570 | -10.4% |
| Operating profit (loss) | 9901 | €498,340 | €382,570 | -€115,770 | -23.2% |
| Financial income | 75/76B | €16,344 | €3,258 | -€13,086 | -80.1% |
| Recurring financial income | 75 | €16,344 | €3,258 | -€13,086 | -80.1% |
| Financial charges | 65/66B | €86,069 | €89,880 | +€3,811 | +4.4% |
| Recurring financial charges | 65 | €86,069 | €89,880 | +€3,811 | +4.4% |
| Profit (loss) for the period before taxes | 9903 | €428,615 | €295,948 | -€132,667 | -31.0% |
| Income taxes | 67/77 | €149,867 | €169,875 | +€20,008 | +13.4% |
| Profit (loss) for the period | 9904 | €278,748 | €126,073 | -€152,675 | -54.8% |
| Profit (loss) for the period to be appropriated | 9905 | €278,748 | €126,073 | -€152,675 | -54.8% |
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 29 October 2026 via checked.be.