BEKE CHRIS: 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.
BEKE CHRIS
Largest movements
- Tangible fixed assets -€43,490
down €43,490 (-8.5%), from €514,661 to €471,171
of which Land and buildings: -€36,948
- Receivables within one year -€6,320
down €6,320 (-79.1%), from €7,988 to €1,668
of which Trade receivables: -€4,474
- Debts after one year -€43,131
down €43,131 (-16.8%), from €257,283 to €214,153
- Reserves +€30,302
up €30,302 (+20.5%), from €147,678 to €177,980
- Other debts -€28,416
down €28,416 (-96.3%), from €29,502 to €1,086
- Tax, wage and social debts -€9,063
down €9,063 (-23.5%), from €38,556 to €29,493
of which Taxes: -€7,175
- Current portion of long-term debt -€7,222
down €7,222 (-13.3%), from €54,353 to €47,131
- Gross operating margin -€42,774
down €42,774 (-21.7%), from €197,477 to €154,704
- Staff costs -€27,305
down €27,305 (-32.2%), from €84,858 to €57,553
- Depreciation -€18,480
down €18,480 (-29.8%), from €61,970 to €43,490
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 | €568,859 | €522,092 | -€46,767 | -8.2% |
| Fixed assets | 21/28 | €514,661 | €471,171 | -€43,490 | -8.5% |
| Tangible fixed assets | 22/27 | €514,661 | €471,171 | -€43,490 | -8.5% |
| Land and buildings | 22 | €490,917 | €453,969 | -€36,948 | -7.5% |
| Plant, machinery and equipment | 23 | €12,986 | €9,587 | -€3,399 | -26.2% |
| Furniture and vehicles | 24 | €4,808 | €1,665 | -€3,143 | -65.4% |
| Other tangible fixed assets | 26 | €5,949 | €5,949 | = | 0.0% |
| Current assets | 29/58 | €54,198 | €50,921 | -€3,277 | -6.0% |
| Stocks and contracts in progress | 3 | €7,027 | €6,213 | -€814 | -11.6% |
| Stocks | 30/36 | €7,027 | €6,213 | -€814 | -11.6% |
| Amounts receivable within one year | 40/41 | €7,988 | €1,668 | -€6,320 | -79.1% |
| Trade receivables | 40 | €5,537 | €1,063 | -€4,474 | -80.8% |
| Other amounts receivable | 41 | €2,451 | €605 | -€1,846 | -75.3% |
| Cash at bank and in hand | 54/58 | €32,475 | €37,572 | +€5,097 | +15.7% |
| Deferred charges and accrued income | 490/1 | €6,708 | €5,468 | -€1,240 | -18.5% |
| Total equity and liabilities | 10/49 | €568,859 | €522,092 | -€46,767 | -8.2% |
| Equity | 10/15 | €166,270 | €196,572 | +€30,302 | +18.2% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €147,678 | €177,980 | +€30,302 | +20.5% |
| Distributable reserves | 133 | €147,678 | €177,980 | +€30,302 | +20.5% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €402,590 | €325,520 | -€77,070 | -19.1% |
| Amounts payable after more than one year | 17 | €257,283 | €214,153 | -€43,131 | -16.8% |
| Financial debts | 170/4 | €257,283 | €214,153 | -€43,131 | -16.8% |
| Amounts payable within one year | 42/48 | €144,898 | €107,374 | -€37,525 | -25.9% |
| Current portion of amounts payable after more than one year | 42 | €54,353 | €47,131 | -€7,222 | -13.3% |
| Trade debts | 44 | €22,487 | €29,664 | +€7,177 | +31.9% |
| Suppliers | 440/4 | €22,487 | €29,664 | +€7,177 | +31.9% |
| Taxes, remuneration and social security | 45 | €38,556 | €29,493 | -€9,063 | -23.5% |
| Taxes | 450/3 | €29,585 | €22,410 | -€7,175 | -24.3% |
| Remuneration and social security | 454/9 | €8,971 | €7,083 | -€1,888 | -21.0% |
| Other amounts payable | 47/48 | €29,502 | €1,086 | -€28,416 | -96.3% |
| Accrued charges and deferred income | 492/3 | €408 | €3,994 | +€3,586 | +879% |
| Remuneration, social security and pensions | 62 | €84,858 | €57,553 | -€27,305 | -32.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €61,970 | €43,490 | -€18,480 | -29.8% |
| Other operating charges | 640/8 | €6,085 | €5,375 | -€710 | -11.7% |
| Gross operating margin | 9900 | €197,477 | €154,704 | -€42,774 | -21.7% |
| Operating profit (loss) | 9901 | €44,565 | €48,285 | +€3,720 | +8.3% |
| Financial income | 75/76B | €47 | €73 | +€26 | +56.0% |
| Recurring financial income | 75 | €47 | €73 | +€26 | +56.0% |
| Financial charges | 65/66B | €7,213 | €5,665 | -€1,548 | -21.5% |
| Recurring financial charges | 65 | €7,213 | €5,665 | -€1,548 | -21.5% |
| Profit (loss) for the period before taxes | 9903 | €37,399 | €42,693 | +€5,295 | +14.2% |
| Income taxes | 67/77 | €10,687 | €12,391 | +€1,704 | +15.9% |
| Profit (loss) for the period | 9904 | €26,712 | €30,302 | +€3,591 | +13.4% |
| Profit (loss) for the period to be appropriated | 9905 | €26,712 | €30,302 | +€3,591 | +13.4% |
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.