BEIRENS: 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.
BEIRENS
Largest movements
- Stocks and contracts -€4,905
down €4,905 (-16.0%), from €30,589 to €25,683
- Receivables within one year -€3,859
down €3,859 (-61.4%), from €6,284 to €2,424
of which Other amounts receivable: -€3,621
- Tangible fixed assets -€3,198
down €3,198 (-39.7%), from €8,055 to €4,856
- Reserves -€15,600
down €15,600 (-25.7%), from €60,771 to €45,171
- Trade debts +€2,002
up €2,002 (+174%), from €1,152 to €3,154
- Gross operating margin -€17,084
down €17,084, from €5,612 to -€11,472
- Depreciation +€1,658
up €1,658 (+108%), from €1,541 to €3,198
- Taxes -€286
down €286 (-100%), from €286 to €0
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 | €118,091 | €104,824 | -€13,266 | -11.2% |
| Fixed assets | 21/28 | €11,755 | €8,556 | -€3,198 | -27.2% |
| Tangible fixed assets | 22/27 | €8,055 | €4,856 | -€3,198 | -39.7% |
| Plant, machinery and equipment | 23 | €8,055 | €4,856 | -€3,198 | -39.7% |
| Financial fixed assets | 28 | €3,700 | €3,700 | = | 0.0% |
| Current assets | 29/58 | €106,336 | €96,268 | -€10,068 | -9.5% |
| Stocks and contracts in progress | 3 | €30,589 | €25,683 | -€4,905 | -16.0% |
| Stocks | 30/36 | €30,589 | €25,683 | -€4,905 | -16.0% |
| Amounts receivable within one year | 40/41 | €6,284 | €2,424 | -€3,859 | -61.4% |
| Trade receivables | 40 | €715 | €476 | -€239 | -33.4% |
| Other amounts receivable | 41 | €5,569 | €1,948 | -€3,621 | -65.0% |
| Cash at bank and in hand | 54/58 | €69,040 | €68,160 | -€880 | -1.3% |
| Deferred charges and accrued income | 490/1 | €424 | €0 | -€424 | -100% |
| Total equity and liabilities | 10/49 | €118,091 | €104,824 | -€13,266 | -11.2% |
| Equity | 10/15 | €73,171 | €57,571 | -€15,600 | -21.3% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €60,771 | €45,171 | -€15,600 | -25.7% |
| Distributable reserves | 133 | €60,771 | €45,171 | -€15,600 | -25.7% |
| Amounts payable | 17/49 | €44,920 | €47,253 | +€2,333 | +5.2% |
| Amounts payable within one year | 42/48 | €44,920 | €47,190 | +€2,271 | +5.1% |
| Trade debts | 44 | €1,152 | €3,154 | +€2,002 | +174% |
| Suppliers | 440/4 | €1,152 | €3,154 | +€2,002 | +174% |
| Taxes, remuneration and social security | 45 | €286 | €0 | -€286 | -100% |
| Taxes | 450/3 | €286 | €0 | -€286 | -100% |
| Other amounts payable | 47/48 | €43,481 | €44,037 | +€555 | +1.3% |
| Accrued charges and deferred income | 492/3 | €0 | €63 | +€63 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,541 | €3,198 | +€1,658 | +108% |
| Other operating charges | 640/8 | €827 | €845 | +€18 | +2.2% |
| Gross operating margin | 9900 | €5,612 | -€11,472 | -€17,084 | |
| Operating profit (loss) | 9901 | €3,245 | -€15,515 | -€18,760 | |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €96 | €84 | -€12 | -12.4% |
| Recurring financial charges | 65 | €96 | €84 | -€12 | -12.4% |
| Profit (loss) for the period before taxes | 9903 | €3,148 | -€15,600 | -€18,748 | |
| Income taxes | 67/77 | €286 | €0 | -€286 | -100% |
| Profit (loss) for the period | 9904 | €2,862 | -€15,600 | -€18,462 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,862 | -€15,600 | -€18,462 |
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 18 October 2026 via checked.be.