BENOIT BEELE ADVOCAAT: 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.
BENOIT BEELE ADVOCAAT
Largest movements
- Cash +€227,712
up €227,712 (+538%), from €42,296 to €270,007
mainly Net result for the year (+€337,586) and Receivables after one year (+€110,000)
- Receivables after one year -€110,000
down €110,000 (-12.5%), from €880,000 to €770,000
- Receivables within one year -€67,271
down €67,271 (-34.1%), from €197,249 to €129,979
of which Other amounts receivable: -€67,271
- Reserves +€281,506
up €281,506 (+13.6%), from €2.1m to €2.4m
of which Distributable reserves: +€281,506
- Debts after one year -€157,143
down €157,143 (-20.0%), from €785,714 to €628,571
- Tax, wage and social debts -€39,082
down €39,082 (-58.9%), from €66,299 to €27,217
- Other debts -€38,866
down €38,866 (-6.5%), from €595,530 to €556,663
- Gross operating margin -€305,792
down €305,792 (-51.5%), from €593,633 to €287,841
- Financial income +€102,342
up €102,342 (+86.3%), from €118,560 to €220,902
- Taxes -€91,271
down €91,271 (-48.3%), from €188,943 to €97,672
- Financial charges +€14,700
up €14,700 (+52.2%), from €28,147 to €42,848
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 | €3,722,764 | €3,760,064 | +€37,301 | +1.0% |
| Fixed assets | 21/28 | €279,741 | €273,064 | -€6,677 | -2.4% |
| Tangible fixed assets | 22/27 | €279,741 | €273,064 | -€6,677 | -2.4% |
| Furniture and vehicles | 24 | €7,913 | €16,829 | +€8,916 | +113% |
| Other tangible fixed assets | 26 | €271,828 | €256,235 | -€15,593 | -5.7% |
| Current assets | 29/58 | €3,443,023 | €3,487,000 | +€43,978 | +1.3% |
| Amounts receivable after more than one year | 29 | €880,000 | €770,000 | -€110,000 | -12.5% |
| Other amounts receivable | 291 | €880,000 | €770,000 | -€110,000 | -12.5% |
| Amounts receivable within one year | 40/41 | €197,249 | €129,979 | -€67,271 | -34.1% |
| Trade receivables | 40 | €9,075 | €9,075 | = | 0.0% |
| Other amounts receivable | 41 | €188,174 | €120,904 | -€67,271 | -35.7% |
| Current investments | 50/53 | €2,323,000 | €2,316,443 | -€6,557 | -0.3% |
| Cash at bank and in hand | 54/58 | €42,296 | €270,007 | +€227,712 | +538% |
| Deferred charges and accrued income | 490/1 | €478 | €571 | +€93 | +19.5% |
| Total equity and liabilities | 10/49 | €3,722,764 | €3,760,064 | +€37,301 | +1.0% |
| Equity | 10/15 | €2,088,581 | €2,370,088 | +€281,506 | +13.5% |
| Contributions | 10/11 | €18,524 | €18,524 | = | 0.0% |
| Reserves | 13 | €2,070,057 | €2,351,564 | +€281,506 | +13.6% |
| Tax-exempt reserves | 132 | €690 | €690 | = | 0.0% |
| Distributable reserves | 133 | €2,069,367 | €2,350,873 | +€281,506 | +13.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €1,634,182 | €1,389,977 | -€244,206 | -14.9% |
| Amounts payable after more than one year | 17 | €785,714 | €628,571 | -€157,143 | -20.0% |
| Financial debts | 170/4 | €785,714 | €628,571 | -€157,143 | -20.0% |
| Amounts payable within one year | 42/48 | €848,468 | €761,405 | -€87,063 | -10.3% |
| Current portion of amounts payable after more than one year | 42 | €166,207 | €157,143 | -€9,064 | -5.5% |
| Financial debts | 43 | €18,750 | €18,750 | = | 0.0% |
| Credit institutions | 430/8 | €18,750 | €18,750 | = | 0.0% |
| Trade debts | 44 | €1,682 | €1,632 | -€50 | -3.0% |
| Suppliers | 440/4 | €1,682 | €1,632 | -€50 | -3.0% |
| Taxes, remuneration and social security | 45 | €66,299 | €27,217 | -€39,082 | -58.9% |
| Taxes | 450/3 | €66,299 | €27,217 | -€39,082 | -58.9% |
| Other amounts payable | 47/48 | €595,530 | €556,663 | -€38,866 | -6.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,939 | €22,978 | +€2,039 | +9.7% |
| Other operating charges | 640/8 | €7,629 | €7,659 | +€30 | +0.4% |
| Gross operating margin | 9900 | €593,633 | €287,841 | -€305,792 | -51.5% |
| Operating profit (loss) | 9901 | €565,065 | €257,203 | -€307,861 | -54.5% |
| Financial income | 75/76B | €118,560 | €220,902 | +€102,342 | +86.3% |
| Recurring financial income | 75 | €118,560 | €220,902 | +€102,342 | +86.3% |
| Financial charges | 65/66B | €28,147 | €42,848 | +€14,700 | +52.2% |
| Recurring financial charges | 65 | €28,147 | €42,848 | +€14,700 | +52.2% |
| Profit (loss) for the period before taxes | 9903 | €655,478 | €435,258 | -€220,220 | -33.6% |
| Income taxes | 67/77 | €188,943 | €97,672 | -€91,271 | -48.3% |
| Profit (loss) for the period | 9904 | €466,535 | €337,586 | -€128,949 | -27.6% |
| Profit (loss) for the period to be appropriated | 9905 | €466,535 | €337,586 | -€128,949 | -27.6% |
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 21 October 2026 via checked.be.