BEIRENS STEFAAN: 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 STEFAAN
Largest movements
- Current assets +€435,159
up €435,159 (+53.9%), from €807,455 to €1.2m
- Tangible fixed assets +€36,881
up €36,881 (+2,024%), from €1,822 to €38,703
- Debts +€850,089
up €850,089 (+91.1%), from €933,185 to €1.8m
of which Debts after one year: +€459,574
- Reserves -€379,748
down €379,748 (-72.1%), from €526,994 to €147,246
- Gross operating margin +€34,792
up €34,792 (+14.9%), from €233,891 to €268,683
- Depreciation +€12,320
up €12,320 (+672%), from €1,833 to €14,153
From the 2011 result to the 2012 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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2011 | 2012 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,522,877 | €1,993,218 | +€470,341 | +30.9% |
| Fixed assets | 21/28 | €715,422 | €750,604 | +€35,182 | +4.9% |
| Tangible fixed assets | 22/27 | €1,822 | €38,703 | +€36,881 | +2,024% |
| Financial fixed assets | 28 | €713,600 | €711,901 | -€1,699 | -0.2% |
| Current assets | 29/58 | €807,455 | €1,242,614 | +€435,159 | +53.9% |
| Amounts receivable within one year | 40/41 | €116,090 | €266,182 | +€150,092 | +129% |
| Cash at bank and in hand | 54/58 | €305,277 | €336,425 | +€31,148 | +10.2% |
| Total equity and liabilities | 10/49 | €1,522,877 | €1,993,218 | +€470,341 | +30.9% |
| Equity | 10/15 | €539,394 | €159,646 | -€379,748 | -70.4% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €526,994 | €147,246 | -€379,748 | -72.1% |
| Provisions and deferred taxes | 16 | €50,298 | €50,298 | = | 0.0% |
| Amounts payable | 17/49 | €933,185 | €1,783,274 | +€850,089 | +91.1% |
| Amounts payable after more than one year | 17 | €409,000 | €868,574 | +€459,574 | +112% |
| Amounts payable within one year | 42/48 | €510,332 | €874,339 | +€364,007 | +71.3% |
| Trade debts | 44 | €278,254 | €356,585 | +€78,331 | +28.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,833 | €14,153 | +€12,320 | +672% |
| Gross operating margin | 9900 | €233,891 | €268,683 | +€34,792 | +14.9% |
| Operating profit (loss) | 9901 | €220,235 | €252,514 | +€32,279 | +14.7% |
| Recurring financial income | 75 | €27,150 | €34,793 | +€7,644 | +28.2% |
| Recurring financial charges | 65 | €45,393 | €65,343 | +€19,950 | +43.9% |
| Profit (loss) for the period before taxes | 9903 | €220,173 | €221,964 | +€1,791 | +0.8% |
| Income taxes | 67/77 | €79,859 | €81,712 | +€1,854 | +2.3% |
| Profit (loss) for the period | 9904 | €140,315 | €140,252 | -€63 | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €140,315 | €140,252 | -€63 | 0.0% |
Source: filed annual accounts (NBB), financial years ended 30 June 2011 and 30 June 2012. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.