Beertje: 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.
Beertje
Largest movements
- Tangible fixed assets -€20,249
down €20,249 (-20.3%), from €99,653 to €79,404
of which Other tangible fixed assets: -€13,670
- Cash +€7,002
up €7,002 (+28.6%), from €24,519 to €31,521
mainly Depreciation (+€20,249) and Net result for the year (+€5,845)
- Current investments -€5,227
down €5,227 (-25.8%), from €20,227 to €15,000
- Debts after one year -€27,306
down €27,306 (-39.7%), from €68,859 to €41,553
- Reserves +€5,145
up €5,145 (+23.5%), from €21,855 to €27,000
- Trade debts +€3,762
up €3,762 (+49.0%), from €7,677 to €11,439
- Tax, wage and social debts -€1,701
down €1,701 (-11.8%), from €14,356 to €12,655
of which Taxes: -€3,224
- Gross operating margin +€7,760
up €7,760 (+8.1%), from €96,091 to €103,850
- Financial income -€2,743
down €2,743 (-73.2%), from €3,746 to €1,003
of which Non-recurring financial income: -€2,235
- Staff costs +€2,592
up €2,592 (+3.8%), from €68,711 to €71,303
- Depreciation -€1,516
down €1,516 (-7.0%), from €21,764 to €20,249
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 | €163,374 | €143,726 | -€19,648 | -12.0% |
| Fixed assets | 21/28 | €101,270 | €81,021 | -€20,249 | -20.0% |
| Tangible fixed assets | 22/27 | €99,653 | €79,404 | -€20,249 | -20.3% |
| Plant, machinery and equipment | 23 | €9,134 | €3,955 | -€5,179 | -56.7% |
| Furniture and vehicles | 24 | €2,910 | €1,511 | -€1,399 | -48.1% |
| Other tangible fixed assets | 26 | €87,608 | €73,938 | -€13,670 | -15.6% |
| Financial fixed assets | 28 | €1,617 | €1,617 | = | 0.0% |
| Current assets | 29/58 | €62,105 | €62,706 | +€601 | +1.0% |
| Stocks and contracts in progress | 3 | €7,620 | €7,953 | +€333 | +4.4% |
| Stocks | 30/36 | €7,620 | €7,953 | +€333 | +4.4% |
| Amounts receivable within one year | 40/41 | €8,088 | €7,777 | -€311 | -3.8% |
| Trade receivables | 40 | €5,692 | €7,579 | +€1,887 | +33.2% |
| Other amounts receivable | 41 | €2,396 | €198 | -€2,198 | -91.7% |
| Current investments | 50/53 | €20,227 | €15,000 | -€5,227 | -25.8% |
| Cash at bank and in hand | 54/58 | €24,519 | €31,521 | +€7,002 | +28.6% |
| Deferred charges and accrued income | 490/1 | €1,650 | €454 | -€1,196 | -72.5% |
| Total equity and liabilities | 10/49 | €163,374 | €143,726 | -€19,648 | -12.0% |
| Equity | 10/15 | €42,556 | €48,401 | +€5,845 | +13.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €21,855 | €27,000 | +€5,145 | +23.5% |
| Distributable reserves | 133 | €21,855 | €27,000 | +€5,145 | +23.5% |
| Profit (loss) carried forward | 14 | €14,501 | €15,201 | +€700 | +4.8% |
| Amounts payable | 17/49 | €120,818 | €95,325 | -€25,493 | -21.1% |
| Amounts payable after more than one year | 17 | €68,859 | €41,553 | -€27,306 | -39.7% |
| Financial debts | 170/4 | €68,859 | €41,553 | -€27,306 | -39.7% |
| Amounts payable within one year | 42/48 | €49,447 | €51,400 | +€1,953 | +3.9% |
| Current portion of amounts payable after more than one year | 42 | €26,994 | €27,306 | +€312 | +1.2% |
| Trade debts | 44 | €7,677 | €11,439 | +€3,762 | +49.0% |
| Suppliers | 440/4 | €7,677 | €11,439 | +€3,762 | +49.0% |
| Taxes, remuneration and social security | 45 | €14,356 | €12,655 | -€1,701 | -11.8% |
| Taxes | 450/3 | €4,425 | €1,200 | -€3,224 | -72.9% |
| Remuneration and social security | 454/9 | €9,931 | €11,455 | +€1,523 | +15.3% |
| Other amounts payable | 47/48 | €420 | - | -€420 | |
| Accrued charges and deferred income | 492/3 | €2,512 | €2,372 | -€140 | -5.6% |
| Remuneration, social security and pensions | 62 | €68,711 | €71,303 | +€2,592 | +3.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,764 | €20,249 | -€1,516 | -7.0% |
| Other operating charges | 640/8 | €5,790 | €5,935 | +€145 | +2.5% |
| Gross operating margin | 9900 | €96,091 | €103,850 | +€7,760 | +8.1% |
| Operating profit (loss) | 9901 | -€174 | €6,364 | +€6,539 | |
| Financial income | 75/76B | €3,746 | €1,003 | -€2,743 | -73.2% |
| Recurring financial income | 75 | €1,511 | €1,003 | -€508 | -33.6% |
| Non-recurring financial income | 76B | €2,235 | - | -€2,235 | |
| Financial charges | 65/66B | €1,686 | €1,522 | -€164 | -9.7% |
| Recurring financial charges | 65 | €1,686 | €1,522 | -€164 | -9.7% |
| Profit (loss) for the period before taxes | 9903 | €1,886 | €5,845 | +€3,960 | +210% |
| Profit (loss) for the period | 9904 | €1,886 | €5,845 | +€3,960 | +210% |
| Profit (loss) for the period to be appropriated | 9905 | €1,886 | €5,845 | +€3,960 | +210% |
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 24 October 2026 via checked.be.