BEIRNAERT BRANKO: what changed
BEIRNAERT BRANKO
Largest movements
- Tangible fixed assets -€48,544
down €48,544 (-11.4%), from €425,989 to €377,445
of which Furniture and vehicles: -€51,013
- Cash -€9,568
down €9,568 (-30.0%), from €31,924 to €22,356
mainly Debts after one year (-€59,518) and Investment in fixed assets (net) (-€50,794)
- Debts after one year -€59,518
down €59,518 (-26.6%), from €223,614 to €164,096
- Other debts -€17,236
down €17,236 (-11.8%), from €146,606 to €129,370
- Trade debts +€12,331
up €12,331 (+170%), from €7,237 to €19,568
- Tax, wage and social debts +€11,256
up €11,256 (+1,962%), from €574 to €11,830
- Gross operating margin +€51,646
up €51,646 (+69.9%), from €73,847 to €125,493
- Depreciation +€29,041
up €29,041 (+41.4%), from €70,097 to €99,138
- Financial charges +€6,707
up €6,707 (+94.1%), from €7,130 to €13,837
- Other operating charges +€5,642
up €5,642 (+72.0%), from €7,839 to €13,480
- Taxes +€1,846
up €1,846 (+345%), from €535 to €2,381
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €561,287 | €508,516 | -€52,770 | -9.4% |
| Fixed assets | 21/28 | €425,989 | €377,645 | -€48,344 | -11.3% |
| Tangible fixed assets | 22/27 | €425,989 | €377,445 | -€48,544 | -11.4% |
| Plant, machinery and equipment | 23 | €1,725 | €4,193 | +€2,469 | +143% |
| Furniture and vehicles | 24 | €424,264 | €373,252 | -€51,013 | -12.0% |
| Financial fixed assets | 28 | - | €200 | +€200 | |
| Current assets | 29/58 | €135,298 | €130,871 | -€4,427 | -3.3% |
| Amounts receivable within one year | 40/41 | €96,893 | €101,180 | +€4,288 | +4.4% |
| Trade receivables | 40 | €22,899 | €47,229 | +€24,331 | +106% |
| Other amounts receivable | 41 | €73,994 | €53,951 | -€20,043 | -27.1% |
| Cash at bank and in hand | 54/58 | €31,924 | €22,356 | -€9,568 | -30.0% |
| Deferred charges and accrued income | 490/1 | €6,482 | €7,334 | +€853 | +13.2% |
| Total equity and liabilities | 10/49 | €561,287 | €508,516 | -€52,770 | -9.4% |
| Equity | 10/15 | €97,161 | €96,526 | -€635 | -0.7% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €47,161 | €46,526 | -€635 | -1.3% |
| Distributable reserves | 133 | €47,161 | €46,526 | -€635 | -1.3% |
| Amounts payable | 17/49 | €464,125 | €411,990 | -€52,136 | -11.2% |
| Amounts payable after more than one year | 17 | €223,614 | €164,096 | -€59,518 | -26.6% |
| Financial debts | 170/4 | €223,614 | €164,096 | -€59,518 | -26.6% |
| Amounts payable within one year | 42/48 | €240,445 | €247,894 | +€7,449 | +3.1% |
| Current portion of amounts payable after more than one year | 42 | €86,028 | €87,125 | +€1,097 | +1.3% |
| Trade debts | 44 | €7,237 | €19,568 | +€12,331 | +170% |
| Suppliers | 440/4 | €7,237 | €19,568 | +€12,331 | +170% |
| Taxes, remuneration and social security | 45 | €574 | €11,830 | +€11,256 | +1,962% |
| Taxes | 450/3 | €574 | €11,830 | +€11,256 | +1,962% |
| Other amounts payable | 47/48 | €146,606 | €129,370 | -€17,236 | -11.8% |
| Accrued charges and deferred income | 492/3 | €66 | €0 | -€66 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €70,097 | €99,138 | +€29,041 | +41.4% |
| Other operating charges | 640/8 | €7,839 | €13,480 | +€5,642 | +72.0% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €73,847 | €125,493 | +€51,646 | +69.9% |
| Operating profit (loss) | 9901 | -€4,089 | €12,874 | +€16,963 | |
| Financial income | 75/76B | €1,464 | €2,709 | +€1,245 | +85.1% |
| Recurring financial income | 75 | €1,464 | €2,709 | +€1,245 | +85.1% |
| Financial charges | 65/66B | €7,130 | €13,837 | +€6,707 | +94.1% |
| Recurring financial charges | 65 | €7,130 | €13,837 | +€6,707 | +94.1% |
| Profit (loss) for the period before taxes | 9903 | -€9,755 | €1,746 | +€11,501 | |
| Income taxes | 67/77 | €535 | €2,381 | +€1,846 | +345% |
| Profit (loss) for the period | 9904 | -€10,290 | -€635 | +€9,655 | +93.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€10,290 | -€635 | +€9,655 | +93.8% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.