BEERTEN BOUWONDERNEMING: 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.
BEERTEN BOUWONDERNEMING
Largest movements
- Receivables within one year +€32,888
up €32,888 (+71.9%), from €45,752 to €78,640
of which Trade receivables: +€29,624
- Cash -€4,014
down €4,014 (-30.6%), from €13,130 to €9,116
mainly Receivables within one year (-€32,888) and Investment in fixed assets (net) (-€8,101)
- Tangible fixed assets -€3,338
down €3,338 (-8.8%), from €37,737 to €34,400
- Trade debts +€22,484
up €22,484 (+147%), from €15,307 to €37,791
- Reserves +€9,330
up €9,330 (+52.2%), from €17,884 to €27,214
- Current portion of long-term debt -€4,428
down €4,428 (-28.6%), from €15,473 to €11,044
- Debts after one year -€2,718
down €2,718 (-7.1%), from €38,394 to €35,676
- Other operating charges -€31,422
down €31,422 (-89.0%), from €35,301 to €3,879
- Gross operating margin -€18,584
down €18,584 (-36.9%), from €50,341 to €31,756
- Taxes +€2,171
up €2,171 (+240%), from €905 to €3,076
- Financial charges +€1,118
up €1,118 (+28.3%), from €3,945 to €5,063
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 | €98,299 | €123,346 | +€25,047 | +25.5% |
| Fixed assets | 21/28 | €37,737 | €34,400 | -€3,338 | -8.8% |
| Tangible fixed assets | 22/27 | €37,737 | €34,400 | -€3,338 | -8.8% |
| Furniture and vehicles | 24 | €37,737 | €34,400 | -€3,338 | -8.8% |
| Current assets | 29/58 | €60,562 | €88,947 | +€28,385 | +46.9% |
| Amounts receivable within one year | 40/41 | €45,752 | €78,640 | +€32,888 | +71.9% |
| Trade receivables | 40 | €19,580 | €49,204 | +€29,624 | +151% |
| Other amounts receivable | 41 | €26,172 | €29,435 | +€3,264 | +12.5% |
| Cash at bank and in hand | 54/58 | €13,130 | €9,116 | -€4,014 | -30.6% |
| Deferred charges and accrued income | 490/1 | €1,680 | €1,191 | -€489 | -29.1% |
| Total equity and liabilities | 10/49 | €98,299 | €123,346 | +€25,047 | +25.5% |
| Equity | 10/15 | €23,671 | €33,214 | +€9,543 | +40.3% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Reserves | 13 | €17,884 | €27,214 | +€9,330 | +52.2% |
| Distributable reserves | 133 | €17,884 | €27,214 | +€9,330 | +52.2% |
| Profit (loss) carried forward | 14 | -€213 | €0 | +€213 | |
| Amounts payable | 17/49 | €74,628 | €90,132 | +€15,504 | +20.8% |
| Amounts payable after more than one year | 17 | €38,394 | €35,676 | -€2,718 | -7.1% |
| Financial debts | 170/4 | €38,394 | €35,676 | -€2,718 | -7.1% |
| Amounts payable within one year | 42/48 | €36,185 | €54,161 | +€17,977 | +49.7% |
| Current portion of amounts payable after more than one year | 42 | €15,473 | €11,044 | -€4,428 | -28.6% |
| Trade debts | 44 | €15,307 | €37,791 | +€22,484 | +147% |
| Suppliers | 440/4 | €15,307 | €37,791 | +€22,484 | +147% |
| Taxes, remuneration and social security | 45 | €5,405 | €5,326 | -€79 | -1.5% |
| Taxes | 450/3 | €5,405 | €5,326 | -€79 | -1.5% |
| Accrued charges and deferred income | 492/3 | €50 | €295 | +€244 | +487% |
| Non-recurring operating income | 76A | €3,306 | €0 | -€3,306 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,906 | €11,438 | -€468 | -3.9% |
| Other operating charges | 640/8 | €35,301 | €3,879 | -€31,422 | -89.0% |
| Non-recurring operating charges | 66A | - | €164 | +€164 | |
| Gross operating margin | 9900 | €50,341 | €31,756 | -€18,584 | -36.9% |
| Operating profit (loss) | 9901 | €3,133 | €16,275 | +€13,142 | +419% |
| Financial income | 75/76B | €1,504 | €1,408 | -€96 | -6.4% |
| Recurring financial income | 75 | €1,504 | €1,408 | -€96 | -6.4% |
| Financial charges | 65/66B | €3,945 | €5,063 | +€1,118 | +28.3% |
| Recurring financial charges | 65 | €3,945 | €5,063 | +€1,118 | +28.3% |
| Profit (loss) for the period before taxes | 9903 | €692 | €12,619 | +€11,927 | +1,724% |
| Income taxes | 67/77 | €905 | €3,076 | +€2,171 | +240% |
| Profit (loss) for the period | 9904 | -€213 | €9,543 | +€9,756 | |
| Profit (loss) for the period to be appropriated | 9905 | -€213 | €9,543 | +€9,756 |
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 16 October 2026 via checked.be.