BEIRELEKKER: 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.
BEIRELEKKER
Largest movements
- Cash +€33,169
up €33,169 (+44.9%), from €73,864 to €107,032
mainly Net result for the year (+€71,846) and Depreciation (+€33,091)
- Tangible fixed assets -€19,186
down €19,186 (-5.1%), from €374,460 to €355,274
of which Land and buildings: -€18,496
- Receivables within one year +€10,216
up €10,216 (+176%), from €5,790 to €16,006
of which Trade receivables: +€9,646
- Reserves +€71,846
up €71,846 (+76.8%), from €93,535 to €165,381
of which Distributable reserves: +€50,796
- Debts after one year -€27,538
down €27,538 (-10.6%), from €259,063 to €231,525
- Other debts -€11,393
down €11,393 (-18.7%), from €60,992 to €49,599
- Gross operating margin +€56,171
up €56,171 (+61.1%), from €91,863 to €148,034
- Taxes +€21,098
up €21,098 (+512%), from €4,124 to €25,222
- Depreciation +€3,534
up €3,534 (+12.0%), from €29,557 to €33,091
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 | €461,903 | €489,252 | +€27,349 | +5.9% |
| Fixed assets | 21/28 | €374,460 | €355,274 | -€19,186 | -5.1% |
| Tangible fixed assets | 22/27 | €374,460 | €355,274 | -€19,186 | -5.1% |
| Land and buildings | 22 | €319,521 | €301,025 | -€18,496 | -5.8% |
| Plant, machinery and equipment | 23 | €4,444 | €2,598 | -€1,845 | -41.5% |
| Furniture and vehicles | 24 | €7,568 | €7,174 | -€394 | -5.2% |
| Leasing and similar rights | 25 | €42,927 | €44,477 | +€1,550 | +3.6% |
| Current assets | 29/58 | €87,443 | €133,978 | +€46,535 | +53.2% |
| Stocks and contracts in progress | 3 | €7,789 | €7,789 | = | 0.0% |
| Stocks | 30/36 | €7,789 | €7,789 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €5,790 | €16,006 | +€10,216 | +176% |
| Trade receivables | 40 | €1,993 | €11,639 | +€9,646 | +484% |
| Other amounts receivable | 41 | €3,797 | €4,367 | +€570 | +15.0% |
| Cash at bank and in hand | 54/58 | €73,864 | €107,032 | +€33,169 | +44.9% |
| Deferred charges and accrued income | 490/1 | - | €3,150 | +€3,150 | |
| Total equity and liabilities | 10/49 | €461,903 | €489,252 | +€27,349 | +5.9% |
| Equity | 10/15 | €97,892 | €169,738 | +€71,846 | +73.4% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Reserves | 13 | €93,535 | €165,381 | +€71,846 | +76.8% |
| Tax-exempt reserves | 132 | - | €21,050 | +€21,050 | |
| Distributable reserves | 133 | €93,535 | €144,331 | +€50,796 | +54.3% |
| Profit (loss) carried forward | 14 | €3,857 | €3,857 | = | 0.0% |
| Amounts payable | 17/49 | €364,011 | €319,515 | -€44,496 | -12.2% |
| Amounts payable after more than one year | 17 | €259,063 | €231,525 | -€27,538 | -10.6% |
| Financial debts | 170/4 | €259,063 | €231,525 | -€27,538 | -10.6% |
| Amounts payable within one year | 42/48 | €104,948 | €87,990 | -€16,958 | -16.2% |
| Current portion of amounts payable after more than one year | 42 | €31,063 | €27,538 | -€3,525 | -11.3% |
| Financial debts | 43 | - | €3,685 | +€3,685 | |
| Credit institutions | 430/8 | - | €3,685 | +€3,685 | |
| Trade debts | 44 | €8,510 | €6,486 | -€2,024 | -23.8% |
| Suppliers | 440/4 | €8,510 | €6,486 | -€2,024 | -23.8% |
| Taxes, remuneration and social security | 45 | €4,383 | €682 | -€3,701 | -84.4% |
| Taxes | 450/3 | €4,383 | €682 | -€3,701 | -84.4% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €60,992 | €49,599 | -€11,393 | -18.7% |
| Non-recurring operating income | 76A | €6,000 | €66 | -€5,934 | -98.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,557 | €33,091 | +€3,534 | +12.0% |
| Other operating charges | 640/8 | €1,853 | €2,609 | +€756 | +40.8% |
| Non-recurring operating charges | 66A | €23,188 | €0 | -€23,188 | -100% |
| Gross operating margin | 9900 | €91,863 | €148,034 | +€56,171 | +61.1% |
| Operating profit (loss) | 9901 | €37,265 | €112,333 | +€75,069 | +201% |
| Financial income | 75/76B | €93 | €70 | -€23 | -25.0% |
| Recurring financial income | 75 | €93 | €70 | -€23 | -25.0% |
| Financial charges | 65/66B | €15,824 | €15,335 | -€489 | -3.1% |
| Recurring financial charges | 65 | €15,824 | €15,335 | -€489 | -3.1% |
| Profit (loss) for the period before taxes | 9903 | €21,534 | €97,068 | +€75,534 | +351% |
| Income taxes | 67/77 | €4,124 | €25,222 | +€21,098 | +512% |
| Profit (loss) for the period | 9904 | €17,409 | €71,846 | +€54,436 | +313% |
| Transfer to tax-exempt reserves | 689 | - | €21,050 | +€21,050 | |
| Profit (loss) for the period to be appropriated | 9905 | €17,409 | €50,796 | +€33,386 | +192% |
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 20 October 2026 via checked.be.