BEKE STEIGERS: 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 STEIGERS
Largest movements
- Tangible fixed assets -€46,184
down €46,184 (-16.6%), from €278,944 to €232,760
of which Plant, machinery and equipment: -€37,514
- Cash +€23,706
up €23,706 (+332.2%), from €7,136 to €30,841
mainly Depreciation (+€51,792) and Net result for the year (+€14,237)
- Receivables within one year +€9,211
up €9,211 (+41.9%), from €22,002 to €31,213
of which Trade receivables: +€8,035
- Deferred charges and accrued income -€4,606
no longer reported in 2024 (was €4,606)
- Debts after one year -€28,438
down €28,438 (-17.4%), from €163,258 to €134,820
- Profit (loss) carried forward +€14,237
up €14,237, from -€11,620 to €2,617
- Tax, wage and social debts -€9,766
down €9,766 (-78.6%), from €12,420 to €2,654
of which Remuneration and social security: -€8,224
- Accrued charges and deferred income +€8,071
new in 2024: €8,071
- Short-term financial debts -€3,349
no longer reported in 2024 (was €3,349)
- Gross operating margin +€80,532
up €80,532 (+76.9%), from €104,758 to €185,290
- Staff costs +€37,515
up €37,515 (+54.1%), from €69,329 to €106,844
- Depreciation +€17,285
up €17,285 (+50.1%), from €34,507 to €51,792
From the 2023 result to the 2024 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.
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €312,762 | €294,889 | -€17,874 | -5.7% |
| Fixed assets | 21/28 | €279,019 | €232,835 | -€46,184 | -16.6% |
| Tangible fixed assets | 22/27 | €278,944 | €232,760 | -€46,184 | -16.6% |
| Land and buildings | 22 | €160,256 | €152,831 | -€7,425 | -4.6% |
| Plant, machinery and equipment | 23 | €117,443 | €79,929 | -€37,514 | -31.9% |
| Furniture and vehicles | 24 | €1,245 | - | -€1,245 | |
| Financial fixed assets | 28 | €75 | €75 | = | 0.0% |
| Current assets | 29/58 | €33,744 | €62,054 | +€28,310 | +83.9% |
| Amounts receivable within one year | 40/41 | €22,002 | €31,213 | +€9,211 | +41.9% |
| Trade receivables | 40 | €18,002 | €26,037 | +€8,035 | +44.6% |
| Other amounts receivable | 41 | €4,000 | €5,175 | +€1,175 | +29.4% |
| Cash at bank and in hand | 54/58 | €7,136 | €30,841 | +€23,706 | +332.2% |
| Deferred charges and accrued income | 490/1 | €4,606 | - | -€4,606 | |
| Total equity and liabilities | 10/49 | €312,762 | €294,889 | -€17,874 | -5.7% |
| Equity | 10/15 | €82,703 | €96,940 | +€14,237 | +17.2% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €81,923 | €81,923 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €80,063 | €80,063 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€11,620 | €2,617 | +€14,237 | |
| Amounts payable | 17/49 | €230,060 | €197,949 | -€32,111 | -14.0% |
| Amounts payable after more than one year | 17 | €163,258 | €134,820 | -€28,438 | -17.4% |
| Financial debts | 170/4 | €163,258 | €134,820 | -€28,438 | -17.4% |
| Amounts payable within one year | 42/48 | €66,801 | €55,057 | -€11,744 | -17.6% |
| Current portion of amounts payable after more than one year | 42 | €27,498 | €28,438 | +€941 | +3.4% |
| Financial debts | 43 | €3,349 | - | -€3,349 | |
| Credit institutions | 430/8 | €3,349 | - | -€3,349 | |
| Trade debts | 44 | €14,373 | €15,080 | +€707 | +4.9% |
| Suppliers | 440/4 | €14,373 | €15,080 | +€707 | +4.9% |
| Taxes, remuneration and social security | 45 | €12,420 | €2,654 | -€9,766 | -78.6% |
| Taxes | 450/3 | €2,556 | €1,014 | -€1,542 | -60.3% |
| Remuneration and social security | 454/9 | €9,864 | €1,640 | -€8,224 | -83.4% |
| Other amounts payable | 47/48 | €9,162 | €8,885 | -€277 | -3.0% |
| Accrued charges and deferred income | 492/3 | - | €8,071 | +€8,071 | |
| Remuneration, social security and pensions | 62 | €69,329 | €106,844 | +€37,515 | +54.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,507 | €51,792 | +€17,285 | +50.1% |
| Other operating charges | 640/8 | €2,828 | €3,527 | +€699 | +24.7% |
| Gross operating margin | 9900 | €104,758 | €185,290 | +€80,532 | +76.9% |
| Operating profit (loss) | 9901 | -€1,906 | €23,128 | +€25,034 | |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €9,714 | €8,891 | -€824 | -8.5% |
| Recurring financial charges | 65 | €9,714 | €8,891 | -€824 | -8.5% |
| Profit (loss) for the period before taxes | 9903 | -€11,620 | €14,237 | +€25,857 | |
| Profit (loss) for the period | 9904 | -€11,620 | €14,237 | +€25,857 | |
| Profit (loss) for the period to be appropriated | 9905 | -€11,620 | €14,237 | +€25,857 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.