BEIROUT: 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.
BEIROUT
Largest movements
- Cash +€5,489
up €5,489 (+561%), from €979 to €6,467
mainly Net result for the year (+€8,504) and Receivables within one year (+€4,670)
- Receivables within one year -€4,670
down €4,670 (-50.3%), from €9,288 to €4,618
of which Other amounts receivable: -€5,469
- Tangible fixed assets +€3,017
new in 2025: €3,017
- Profit (loss) carried forward +€8,504
up €8,504 (+16,876%), from €50 to €8,554
- Tax, wage and social debts -€6,709
down €6,709 (-88.5%), from €7,584 to €875
of which Taxes: -€5,209
- Advances received +€1,650
new in 2025: €1,650
- Trade debts +€391
up €391 (+14.8%), from €2,632 to €3,023
- Gross operating margin +€11,079
up €11,079 (+1,507%), from €735 to €11,814
- Financial charges +€1,979
up €1,979 (+289%), from €685 to €2,664
- Depreciation +€483
new in 2025: €483
- Other operating charges +€163
new in 2025: €163
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 | €10,266 | €14,103 | +€3,836 | +37.4% |
| Fixed assets | 21/28 | - | €3,017 | +€3,017 | |
| Tangible fixed assets | 22/27 | - | €3,017 | +€3,017 | |
| Furniture and vehicles | 24 | - | €3,017 | +€3,017 | |
| Current assets | 29/58 | €10,266 | €11,085 | +€819 | +8.0% |
| Amounts receivable within one year | 40/41 | €9,288 | €4,618 | -€4,670 | -50.3% |
| Trade receivables | 40 | €3,045 | €3,844 | +€799 | +26.2% |
| Other amounts receivable | 41 | €6,242 | €773 | -€5,469 | -87.6% |
| Cash at bank and in hand | 54/58 | €979 | €6,467 | +€5,489 | +561% |
| Total equity and liabilities | 10/49 | €10,266 | €14,103 | +€3,836 | +37.4% |
| Equity | 10/15 | €50 | €8,554 | +€8,504 | +16,876% |
| Profit (loss) carried forward | 14 | €50 | €8,554 | +€8,504 | +16,876% |
| Amounts payable | 17/49 | €10,216 | €5,548 | -€4,668 | -45.7% |
| Amounts payable within one year | 42/48 | €10,216 | €5,548 | -€4,668 | -45.7% |
| Trade debts | 44 | €2,632 | €3,023 | +€391 | +14.8% |
| Suppliers | 440/4 | €2,632 | €3,023 | +€391 | +14.8% |
| Advances received on contracts in progress | 46 | - | €1,650 | +€1,650 | |
| Taxes, remuneration and social security | 45 | €7,584 | €875 | -€6,709 | -88.5% |
| Taxes | 450/3 | €6,084 | €875 | -€5,209 | -85.6% |
| Remuneration and social security | 454/9 | €1,500 | - | -€1,500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €483 | +€483 | |
| Other operating charges | 640/8 | - | €163 | +€163 | |
| Gross operating margin | 9900 | €735 | €11,814 | +€11,079 | +1,507% |
| Operating profit (loss) | 9901 | €735 | €11,168 | +€10,433 | +1,419% |
| Financial charges | 65/66B | €685 | €2,664 | +€1,979 | +289% |
| Recurring financial charges | 65 | €685 | €2,664 | +€1,979 | +289% |
| Profit (loss) for the period before taxes | 9903 | €50 | €8,504 | +€8,454 | +16,776% |
| Profit (loss) for the period | 9904 | €50 | €8,504 | +€8,454 | +16,776% |
| Profit (loss) for the period to be appropriated | 9905 | €50 | €8,504 | +€8,454 | +16,776% |
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 19 October 2026 via checked.be.