BEIGE: 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.
BEIGE
Largest movements
- Cash +€786,664
up €786,664 (+15141.0%), from €5,196 to €791,860
mainly Net result for the year (+€1.5m) and Receivables within one year (+€426,224)
- Receivables within one year -€426,224
down €426,224 (-99.6%), from €427,724 to €1,500
of which Other amounts receivable: -€427,526
- Reserves +€1.0m
up €1.0m (+1250.0%), from €80,000 to €1.1m
of which Distributable reserves: +€1.0m
- Other debts -€448,942
down €448,942 (-39.4%), from €1.1m to €690,000
- Profit (loss) carried forward -€223,527
down €223,527 (-13.0%), from €1.7m to €1.5m
- Tax, wage and social debts +€96,973
up €96,973 (+308.8%), from €31,400 to €128,373
- Accrued charges and deferred income -€62,602
no longer reported in 2025 (was €62,602)
- Financial income +€1.5m
up €1.5m (+2661.1%), from €56,724 to €1.6m
of which Non-recurring financial income: +€1.6m
- Gross operating margin -€89,549
down €89,549 (-89.0%), from €100,596 to €11,047
- Taxes +€65,774
up €65,774 (+209.6%), from €31,378 to €97,152
- Financial charges -€49,319
down €49,319 (-78.3%), from €62,961 to €13,642
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 | €3,237,063 | €3,597,504 | +€360,441 | +11.1% |
| Fixed assets | 21/28 | €2,804,144 | €2,804,144 | = | 0.0% |
| Financial fixed assets | 28 | €2,804,144 | €2,804,144 | = | 0.0% |
| Current assets | 29/58 | €432,919 | €793,360 | +€360,441 | +83.3% |
| Amounts receivable within one year | 40/41 | €427,724 | €1,500 | -€426,224 | -99.6% |
| Trade receivables | 40 | €197 | €1,500 | +€1,303 | +659.6% |
| Other amounts receivable | 41 | €427,526 | - | -€427,526 | |
| Cash at bank and in hand | 54/58 | €5,196 | €791,860 | +€786,664 | +15141.0% |
| Total equity and liabilities | 10/49 | €3,237,063 | €3,597,504 | +€360,441 | +11.1% |
| Equity | 10/15 | €2,002,658 | €2,779,131 | +€776,473 | +38.8% |
| Contributions | 10/11 | €200,000 | €200,000 | = | 0.0% |
| Capital | 10 | €200,000 | €200,000 | = | 0.0% |
| Issued capital | 100 | €200,000 | €200,000 | = | 0.0% |
| Reserves | 13 | €80,000 | €1,080,000 | +€1.0m | +1250.0% |
| Non-distributable reserves | 130/1 | €20,000 | €20,000 | = | 0.0% |
| Legal reserve | 130 | €20,000 | €20,000 | = | 0.0% |
| Distributable reserves | 133 | €60,000 | €1,060,000 | +€1.0m | +1666.7% |
| Profit (loss) carried forward | 14 | €1,722,658 | €1,499,131 | -€223,527 | -13.0% |
| Amounts payable | 17/49 | €1,234,405 | €818,373 | -€416,032 | -33.7% |
| Amounts payable within one year | 42/48 | €1,171,803 | €818,373 | -€353,430 | -30.2% |
| Trade debts | 44 | €1,461 | - | -€1,461 | |
| Suppliers | 440/4 | €1,461 | - | -€1,461 | |
| Taxes, remuneration and social security | 45 | €31,400 | €128,373 | +€96,973 | +308.8% |
| Taxes | 450/3 | €31,400 | €128,373 | +€96,973 | +308.8% |
| Other amounts payable | 47/48 | €1,138,942 | €690,000 | -€448,942 | -39.4% |
| Accrued charges and deferred income | 492/3 | €62,602 | - | -€62,602 | |
| Other operating charges | 640/8 | €968 | - | -€968 | |
| Gross operating margin | 9900 | €100,596 | €11,047 | -€89,549 | -89.0% |
| Operating profit (loss) | 9901 | €99,629 | €11,047 | -€88,582 | -88.9% |
| Financial income | 75/76B | €56,724 | €1,566,220 | +€1.5m | +2661.1% |
| Recurring financial income | 75 | €56,724 | €1,566,220 | +€1.5m | +2661.1% |
| Non-recurring financial income | 76B | - | €1,566,220 | +€1.6m | |
| Financial charges | 65/66B | €62,961 | €13,642 | -€49,319 | -78.3% |
| Recurring financial charges | 65 | €62,961 | €13,642 | -€49,319 | -78.3% |
| Profit (loss) for the period before taxes | 9903 | €93,392 | €1,563,625 | +€1.5m | +1574.3% |
| Income taxes | 67/77 | €31,378 | €97,152 | +€65,774 | +209.6% |
| Profit (loss) for the period | 9904 | €62,014 | €1,466,473 | +€1.4m | +2264.8% |
| Profit (loss) for the period to be appropriated | 9905 | €62,014 | €1,466,473 | +€1.4m | +2264.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.