BEIRNAERT: 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.
BEIRNAERT
Largest movements
- Cash +€5,217
up €5,217 (+15,160%), from €34 to €5,251
mainly Trade debts (+€8,054) and Net result for the year (+€3,649)
- Receivables within one year +€2,861
up €2,861 (+573%), from €499 to €3,360
of which Trade receivables: +€3,360
- Stocks and contracts +€1,260
up €1,260 (+17.7%), from €7,105 to €8,365
- Deferred charges and accrued income +€1,032
up €1,032 (+191%), from €542 to €1,574
- Trade debts +€8,054
up €8,054 (+186%), from €4,337 to €12,390
- Profit (loss) carried forward +€3,649
up €3,649 (+9.4%), from -€38,640 to -€34,991
- Other debts -€1,333
down €1,333 (-6.1%), from €21,799 to €20,466
- Gross operating margin +€2,426
up €2,426 (+85.8%), from €2,828 to €5,254
- Other operating charges -€114
down €114 (-16.2%), from €709 to €594
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 | €8,180 | €18,550 | +€10,370 | +127% |
| Current assets | 29/58 | €8,180 | €18,550 | +€10,370 | +127% |
| Stocks and contracts in progress | 3 | €7,105 | €8,365 | +€1,260 | +17.7% |
| Stocks | 30/36 | €7,105 | €8,365 | +€1,260 | +17.7% |
| Amounts receivable within one year | 40/41 | €499 | €3,360 | +€2,861 | +573% |
| Trade receivables | 40 | - | €3,360 | +€3,360 | |
| Other amounts receivable | 41 | €499 | - | -€499 | |
| Cash at bank and in hand | 54/58 | €34 | €5,251 | +€5,217 | +15,160% |
| Deferred charges and accrued income | 490/1 | €542 | €1,574 | +€1,032 | +191% |
| Total equity and liabilities | 10/49 | €8,180 | €18,550 | +€10,370 | +127% |
| Equity | 10/15 | -€17,956 | -€14,307 | +€3,649 | +20.3% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Capital | 10 | €12,400 | €12,400 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €8,284 | €8,284 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €6,424 | €6,424 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€38,640 | -€34,991 | +€3,649 | +9.4% |
| Amounts payable | 17/49 | €26,136 | €32,856 | +€6,720 | +25.7% |
| Amounts payable within one year | 42/48 | €26,136 | €32,856 | +€6,720 | +25.7% |
| Trade debts | 44 | €4,337 | €12,390 | +€8,054 | +186% |
| Suppliers | 440/4 | €4,337 | €12,390 | +€8,054 | +186% |
| Other amounts payable | 47/48 | €21,799 | €20,466 | -€1,333 | -6.1% |
| Other operating charges | 640/8 | €709 | €594 | -€114 | -16.2% |
| Gross operating margin | 9900 | €2,828 | €5,254 | +€2,426 | +85.8% |
| Operating profit (loss) | 9901 | €2,120 | €4,660 | +€2,540 | +120% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €975 | €1,011 | +€36 | +3.7% |
| Recurring financial charges | 65 | €975 | €1,011 | +€36 | +3.7% |
| Profit (loss) for the period before taxes | 9903 | €1,145 | €3,649 | +€2,504 | +219% |
| Profit (loss) for the period | 9904 | €1,145 | €3,649 | +€2,504 | +219% |
| Profit (loss) for the period to be appropriated | 9905 | €1,145 | €3,649 | +€2,504 | +219% |
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 15 October 2026 via checked.be.