BEERTEN: what changed
Two fiscal 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.
BEERTEN
Largest movements
- Receivables within one year -€25,164
down €25,164 (-16.7%), from €150,990 to €125,826
of which Other amounts receivable: -€33,281
- Tax, wage and social debts -€7,706
down €7,706 (-86.2%), from €8,945 to €1,238
- Profit (loss) carried forward -€7,069
down €7,069 (-15.1%), from €46,831 to €39,762
- Other debts -€6,965
down €6,965 (-9.7%), from €71,530 to €64,566
- Trade debts -€3,696
down €3,696 (-76.3%), from €4,847 to €1,151
- Gross operating margin -€4,842
down €4,842 (-783.2%), from -€618 to -€5,460
- Other operating charges -€1,753
down €1,753 (-69.1%), from €2,535 to €782
- Depreciation -€231
down €231 (-39.0%), from €593 to €362
- Taxes +€59
up €59 (+78.2%), from €75 to €134
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 | €220,678 | €195,241 | -€25,437 | -11.5% |
| Fixed assets | 21/28 | €58,965 | €57,289 | -€1,676 | -2.8% |
| Intangible fixed assets | 21 | €28,584 | €28,584 | = | 0.0% |
| Tangible fixed assets | 22/27 | €21,430 | €19,754 | -€1,676 | -7.8% |
| Land and buildings | 22 | €19,056 | €19,056 | = | 0.0% |
| Furniture and vehicles | 24 | - | €500 | +€500 | |
| Other tangible fixed assets | 26 | €2,374 | €198 | -€2,176 | -91.7% |
| Financial fixed assets | 28 | €8,951 | €8,951 | = | 0.0% |
| Current assets | 29/58 | €161,713 | €137,952 | -€23,761 | -14.7% |
| Amounts receivable within one year | 40/41 | €150,990 | €125,826 | -€25,164 | -16.7% |
| Trade receivables | 40 | €106,925 | €115,041 | +€8,117 | +7.6% |
| Other amounts receivable | 41 | €44,066 | €10,785 | -€33,281 | -75.5% |
| Cash at bank and in hand | 54/58 | €10,723 | €12,126 | +€1,403 | +13.1% |
| Total equity and liabilities | 10/49 | €220,678 | €195,241 | -€25,437 | -11.5% |
| Equity | 10/15 | €135,356 | €128,286 | -€7,069 | -5.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €69,924 | €69,924 | = | 0.0% |
| Tax-exempt reserves | 132 | €2,975 | €2,975 | = | 0.0% |
| Distributable reserves | 133 | €66,950 | €66,950 | = | 0.0% |
| Profit (loss) carried forward | 14 | €46,831 | €39,762 | -€7,069 | -15.1% |
| Amounts payable | 17/49 | €85,322 | €66,955 | -€18,367 | -21.5% |
| Amounts payable within one year | 42/48 | €85,322 | €66,955 | -€18,367 | -21.5% |
| Trade debts | 44 | €4,847 | €1,151 | -€3,696 | -76.3% |
| Suppliers | 440/4 | €4,847 | €1,151 | -€3,696 | -76.3% |
| Taxes, remuneration and social security | 45 | €8,945 | €1,238 | -€7,706 | -86.2% |
| Taxes | 450/3 | €8,945 | €1,238 | -€7,706 | -86.2% |
| Other amounts payable | 47/48 | €71,530 | €64,566 | -€6,965 | -9.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €593 | €362 | -€231 | -39.0% |
| Other operating charges | 640/8 | €2,535 | €782 | -€1,753 | -69.1% |
| Gross operating margin | 9900 | -€618 | -€5,460 | -€4,842 | -783.2% |
| Operating profit (loss) | 9901 | -€3,747 | -€6,605 | -€2,858 | -76.3% |
| Financial charges | 65/66B | €334 | €330 | -€4 | -1.2% |
| Recurring financial charges | 65 | €334 | €330 | -€4 | -1.2% |
| Profit (loss) for the period before taxes | 9903 | -€4,081 | -€6,935 | -€2,854 | -69.9% |
| Income taxes | 67/77 | €75 | €134 | +€59 | +78.2% |
| Profit (loss) for the period | 9904 | -€4,156 | -€7,069 | -€2,913 | -70.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,156 | -€7,069 | -€2,913 | -70.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.