BEOLOGIC: what changed
Two fiscal 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.
BEOLOGIC
Largest movements
- Receivables within one year -€438,734
down €438,734 (-26.3%), from €1.7m to €1.2m
of which Other amounts receivable: -€288,610
- Stocks and contracts +€255,964
up €255,964 (+15.0%), from €1.7m to €2.0m
- Cash +€176,243
up €176,243 (+693.8%), from €25,404 to €201,647
mainly Depreciation (+€454,503) and Receivables within one year (+€438,734)
- Short-term financial debts -€800,000
no longer reported in 2025 (was €800,000)
- Other debts +€437,764
up €437,764 (+34.3%), from €1.3m to €1.7m
- Trade debts +€297,705
up €297,705 (+32.9%), from €905,271 to €1.2m
- Accrued charges and deferred income -€128,364
down €128,364 (-99.2%), from €129,438 to €1,074
- Debts after one year +€86,680
up €86,680 (+26.5%), from €327,370 to €414,050
- Gross operating margin -€476,422
down €476,422 (-17.6%), from €2.7m to €2.2m
- Write-downs -€297,654
down €297,654, from €157,628 to -€140,026
- Staff costs -€132,626
down €132,626 (-7.2%), from €1.8m to €1.7m
- Financial charges -€103,638
down €103,638 (-42.1%), from €245,930 to €142,292
- Depreciation +€93,009
up €93,009 (+25.7%), from €361,494 to €454,503
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.
Cash bridge derived
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 | €4,782,997 | €4,708,429 | -€74,568 | -1.6% |
| Fixed assets | 21/28 | €1,348,818 | €1,305,308 | -€43,511 | -3.2% |
| Intangible fixed assets | 21 | €52,500 | €35,000 | -€17,500 | -33.3% |
| Tangible fixed assets | 22/27 | €1,296,318 | €1,270,308 | -€26,011 | -2.0% |
| Plant, machinery and equipment | 23 | €897,524 | €882,868 | -€14,656 | -1.6% |
| Furniture and vehicles | 24 | €28,207 | €29,350 | +€1,143 | +4.1% |
| Leasing and similar rights | 25 | €204,757 | €176,767 | -€27,990 | -13.7% |
| Other tangible fixed assets | 26 | €165,830 | €181,322 | +€15,492 | +9.3% |
| Current assets | 29/58 | €3,434,179 | €3,403,122 | -€31,057 | -0.9% |
| Stocks and contracts in progress | 3 | €1,702,583 | €1,958,546 | +€255,964 | +15.0% |
| Stocks | 30/36 | €1,702,583 | €1,958,546 | +€255,964 | +15.0% |
| Amounts receivable within one year | 40/41 | €1,667,872 | €1,229,138 | -€438,734 | -26.3% |
| Trade receivables | 40 | €1,149,501 | €999,377 | -€150,124 | -13.1% |
| Other amounts receivable | 41 | €518,372 | €229,762 | -€288,610 | -55.7% |
| Cash at bank and in hand | 54/58 | €25,404 | €201,647 | +€176,243 | +693.8% |
| Deferred charges and accrued income | 490/1 | €38,321 | €13,790 | -€24,530 | -64.0% |
| Total equity and liabilities | 10/49 | €4,782,997 | €4,708,429 | -€74,568 | -1.6% |
| Equity | 10/15 | €971,188 | €987,006 | +€15,819 | +1.6% |
| Contributions | 10/11 | €171,136 | €171,136 | = | 0.0% |
| Capital | 10 | €171,136 | €171,136 | = | 0.0% |
| Issued capital | 100 | €171,136 | €171,136 | = | 0.0% |
| Reserves | 13 | €800,052 | €815,870 | +€15,819 | +2.0% |
| Non-distributable reserves | 130/1 | €17,114 | €17,114 | = | 0.0% |
| Legal reserve | 130 | €17,114 | €17,114 | = | 0.0% |
| Distributable reserves | 133 | €782,938 | €798,757 | +€15,819 | +2.0% |
| Amounts payable | 17/49 | €3,811,809 | €3,721,423 | -€90,386 | -2.4% |
| Amounts payable after more than one year | 17 | €327,370 | €414,050 | +€86,680 | +26.5% |
| Financial debts | 170/4 | €327,370 | €414,050 | +€86,680 | +26.5% |
| Amounts payable within one year | 42/48 | €3,355,002 | €3,306,299 | -€48,703 | -1.5% |
| Current portion of amounts payable after more than one year | 42 | €195,183 | €231,853 | +€36,670 | +18.8% |
| Financial debts | 43 | €800,000 | - | -€800,000 | |
| Credit institutions | 430/8 | €800,000 | - | -€800,000 | |
| Trade debts | 44 | €905,271 | €1,202,976 | +€297,705 | +32.9% |
| Suppliers | 440/4 | €905,271 | €1,202,976 | +€297,705 | +32.9% |
| Taxes, remuneration and social security | 45 | €177,132 | €156,290 | -€20,842 | -11.8% |
| Taxes | 450/3 | €16,106 | €2,165 | -€13,941 | -86.6% |
| Remuneration and social security | 454/9 | €161,025 | €154,125 | -€6,901 | -4.3% |
| Other amounts payable | 47/48 | €1,277,416 | €1,715,180 | +€437,764 | +34.3% |
| Accrued charges and deferred income | 492/3 | €129,438 | €1,074 | -€128,364 | -99.2% |
| Non-recurring operating income | 76A | - | €50,184 | +€50,184 | |
| Remuneration, social security and pensions | 62 | €1,837,820 | €1,705,194 | -€132,626 | -7.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €361,494 | €454,503 | +€93,009 | +25.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €157,628 | -€140,026 | -€297,654 | |
| Other operating charges | 640/8 | €47,878 | €48,962 | +€1,084 | +2.3% |
| Non-recurring operating charges | 66A | €3,988 | - | -€3,988 | |
| Gross operating margin | 9900 | €2,704,694 | €2,228,272 | -€476,422 | -17.6% |
| Operating profit (loss) | 9901 | €295,887 | €159,639 | -€136,248 | -46.0% |
| Financial income | 75/76B | €1,305 | €16 | -€1,289 | -98.8% |
| Recurring financial income | 75 | €1,305 | €16 | -€1,289 | -98.8% |
| Financial charges | 65/66B | €245,930 | €142,292 | -€103,638 | -42.1% |
| Recurring financial charges | 65 | €245,930 | €142,292 | -€103,638 | -42.1% |
| Profit (loss) for the period before taxes | 9903 | €51,262 | €17,364 | -€33,899 | -66.1% |
| Income taxes | 67/77 | €15,676 | €1,545 | -€14,131 | -90.1% |
| Profit (loss) for the period | 9904 | €35,586 | €15,819 | -€19,768 | -55.5% |
| Profit (loss) for the period to be appropriated | 9905 | €35,586 | €15,819 | -€19,768 | -55.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.