BEIJING: 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.
BEIJING
Largest movements
- Cash +€26,293
up €26,293 (+302.5%), from €8,692 to €34,985
mainly Net result for the year (+€32,325) and Depreciation (+€10,698)
- Tangible fixed assets -€5,698
down €5,698 (-15.8%), from €35,969 to €30,271
- Intangible fixed assets -€5,000
no longer reported in 2025 (was €5,000)
- Receivables within one year -€4,271
down €4,271 (-46.6%), from €9,171 to €4,901
- Stocks and contracts -€3,725
down €3,725 (-84.2%), from €4,426 to €701
- Reserves +€32,325
up €32,325 (+602.5%), from €5,365 to €37,691
of which Distributable reserves: +€32,325
- Other debts -€25,225
down €25,225 (-53.9%), from €46,825 to €21,600
- Gross operating margin +€32,546
up €32,546 (+166.7%), from €19,529 to €52,075
- Taxes +€8,606
up €8,606 (+2125.3%), from €405 to €9,011
- Staff costs -€3,143
no longer reported in 2025 (was €3,143)
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 | €66,844 | €74,442 | +€7,599 | +11.4% |
| Fixed assets | 21/28 | €44,554 | €33,856 | -€10,698 | -24.0% |
| Intangible fixed assets | 21 | €5,000 | - | -€5,000 | |
| Tangible fixed assets | 22/27 | €35,969 | €30,271 | -€5,698 | -15.8% |
| Plant, machinery and equipment | 23 | €35,969 | €30,271 | -€5,698 | -15.8% |
| Financial fixed assets | 28 | €3,585 | €3,585 | = | 0.0% |
| Current assets | 29/58 | €22,290 | €40,586 | +€18,297 | +82.1% |
| Stocks and contracts in progress | 3 | €4,426 | €701 | -€3,725 | -84.2% |
| Stocks | 30/36 | €4,426 | €701 | -€3,725 | -84.2% |
| Amounts receivable within one year | 40/41 | €9,171 | €4,901 | -€4,271 | -46.6% |
| Other amounts receivable | 41 | €9,171 | €4,901 | -€4,271 | -46.6% |
| Cash at bank and in hand | 54/58 | €8,692 | €34,985 | +€26,293 | +302.5% |
| Total equity and liabilities | 10/49 | €66,844 | €74,442 | +€7,599 | +11.4% |
| Equity | 10/15 | €11,615 | €43,941 | +€32,325 | +278.3% |
| Contributions | 10/11 | €6,250 | €6,250 | = | 0.0% |
| Reserves | 13 | €5,365 | €37,691 | +€32,325 | +602.5% |
| 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 | €3,505 | €35,831 | +€32,325 | +922.2% |
| Amounts payable | 17/49 | €55,228 | €30,502 | -€24,727 | -44.8% |
| Amounts payable within one year | 42/48 | €55,228 | €30,502 | -€24,727 | -44.8% |
| Trade debts | 44 | €7,657 | €8,135 | +€478 | +6.2% |
| Suppliers | 440/4 | €7,657 | €8,135 | +€478 | +6.2% |
| Taxes, remuneration and social security | 45 | €746 | €766 | +€20 | +2.7% |
| Taxes | 450/3 | €746 | €766 | +€20 | +2.7% |
| Other amounts payable | 47/48 | €46,825 | €21,600 | -€25,225 | -53.9% |
| Non-recurring operating income | 76A | €5,796 | €13,311 | +€7,515 | +129.7% |
| Remuneration, social security and pensions | 62 | €3,143 | - | -€3,143 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,698 | €10,698 | = | 0.0% |
| Other operating charges | 640/8 | - | €41 | +€41 | |
| Gross operating margin | 9900 | €19,529 | €52,075 | +€32,546 | +166.7% |
| Operating profit (loss) | 9901 | €5,688 | €41,336 | +€35,649 | +626.8% |
| Profit (loss) for the period before taxes | 9903 | €5,688 | €41,336 | +€35,649 | +626.8% |
| Income taxes | 67/77 | €405 | €9,011 | +€8,606 | +2125.3% |
| Profit (loss) for the period | 9904 | €5,283 | €32,325 | +€27,043 | +511.9% |
| Profit (loss) for the period to be appropriated | 9905 | €5,283 | €32,325 | +€27,043 | +511.9% |
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 4 October 2026 via checked.be.