BEIAR: 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.
BEIAR
Largest movements
- Cash -€760,560
down €760,560 (-42.1%), from €1.8m to €1.0m
mainly Receivables within one year (-€525,070) and Tax, wage and social debts (-€138,796)
- Receivables within one year +€525,070
up €525,070 (+347.9%), from €150,938 to €676,008
- Tangible fixed assets -€22,643
down €22,643 (-12.8%), from €176,748 to €154,105
of which Land and buildings: -€18,707
- Tax, wage and social debts -€138,796
down €138,796 (-87.5%), from €158,661 to €19,864
of which Taxes: -€123,387
- Debts after one year -€84,723
no longer reported in 2025 (was €84,723)
- Current portion of long-term debt -€28,912
no longer reported in 2025 (was €28,912)
- Gross operating margin -€107,973
down €107,973, from €86,129 to -€21,844
- Taxes -€91,145
down €91,145, from €44,701 to -€46,445
- Staff costs -€10,232
new in 2025: -€10,232
- Financial charges -€2,314
down €2,314 (-75.8%), from €3,054 to €740
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 | €2,135,834 | €1,878,184 | -€257,650 | -12.1% |
| Fixed assets | 21/28 | €176,881 | €154,238 | -€22,643 | -12.8% |
| Tangible fixed assets | 22/27 | €176,748 | €154,105 | -€22,643 | -12.8% |
| Land and buildings | 22 | €164,345 | €145,639 | -€18,707 | -11.4% |
| Plant, machinery and equipment | 23 | €2,867 | €2,188 | -€679 | -23.7% |
| Furniture and vehicles | 24 | €9,536 | €6,278 | -€3,257 | -34.2% |
| Financial fixed assets | 28 | €133 | €133 | = | 0.0% |
| Current assets | 29/58 | €1,958,954 | €1,723,947 | -€235,007 | -12.0% |
| Amounts receivable within one year | 40/41 | €150,938 | €676,008 | +€525,070 | +347.9% |
| Other amounts receivable | 41 | €150,938 | €676,008 | +€525,070 | +347.9% |
| Cash at bank and in hand | 54/58 | €1,806,292 | €1,045,733 | -€760,560 | -42.1% |
| Deferred charges and accrued income | 490/1 | €1,723 | €2,206 | +€483 | +28.0% |
| Total equity and liabilities | 10/49 | €2,135,834 | €1,878,184 | -€257,650 | -12.1% |
| Equity | 10/15 | €1,487,761 | €1,497,100 | +€9,339 | +0.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,245,860 | €1,245,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,244,000 | €1,244,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €235,701 | €245,040 | +€9,339 | +4.0% |
| Amounts payable | 17/49 | €648,073 | €381,084 | -€266,989 | -41.2% |
| Amounts payable after more than one year | 17 | €84,723 | - | -€84,723 | |
| Financial debts | 170/4 | €84,723 | - | -€84,723 | |
| Amounts payable within one year | 42/48 | €563,350 | €381,084 | -€182,266 | -32.4% |
| Current portion of amounts payable after more than one year | 42 | €28,912 | - | -€28,912 | |
| Trade debts | 44 | €15,777 | €1,220 | -€14,557 | -92.3% |
| Suppliers | 440/4 | €15,777 | €1,220 | -€14,557 | -92.3% |
| Taxes, remuneration and social security | 45 | €158,661 | €19,864 | -€138,796 | -87.5% |
| Taxes | 450/3 | €143,252 | €19,864 | -€123,387 | -86.1% |
| Remuneration and social security | 454/9 | €15,409 | - | -€15,409 | |
| Other amounts payable | 47/48 | €360,000 | €360,000 | = | 0.0% |
| Remuneration, social security and pensions | 62 | - | -€10,232 | -€10,232 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,382 | €22,643 | -€739 | -3.2% |
| Other operating charges | 640/8 | €2,651 | €2,140 | -€512 | -19.3% |
| Gross operating margin | 9900 | €86,129 | -€21,844 | -€107,973 | |
| Operating profit (loss) | 9901 | €60,095 | -€36,394 | -€96,490 | |
| Financial income | 75/76B | - | €29 | +€29 | |
| Recurring financial income | 75 | - | €29 | +€29 | |
| Financial charges | 65/66B | €3,054 | €740 | -€2,314 | -75.8% |
| Recurring financial charges | 65 | €3,054 | €740 | -€2,314 | -75.8% |
| Profit (loss) for the period before taxes | 9903 | €57,041 | -€37,106 | -€94,147 | |
| Income taxes | 67/77 | €44,701 | -€46,445 | -€91,145 | |
| Profit (loss) for the period | 9904 | €12,341 | €9,339 | -€3,001 | -24.3% |
| Profit (loss) for the period to be appropriated | 9905 | €12,341 | €9,339 | -€3,001 | -24.3% |
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 10 October 2026 via checked.be.