BEYAERT GRONDWERKEN: 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.
BEYAERT GRONDWERKEN
Largest movements
- Cash +€110,440
up €110,440 (+78.6%), from €140,572 to €251,012
mainly Depreciation (+€200,356) and Receivables within one year (+€82,652)
- Receivables within one year -€82,652
down €82,652 (-55.1%), from €150,016 to €67,364
of which Trade receivables: -€58,941
- Tangible fixed assets -€38,490
down €38,490 (-7.1%), from €538,364 to €499,875
of which Plant, machinery and equipment: -€71,466
- Stocks and contracts +€11,267
up €11,267 (+266%), from €4,240 to €15,507
- Debts after one year -€32,404
down €32,404 (-17.6%), from €183,835 to €151,431
- Current portion of long-term debt +€19,308
up €19,308 (+17.0%), from €113,611 to €132,919
- Reserves +€18,312
up €18,312 (+4.0%), from €457,913 to €476,225
of which Distributable reserves: +€18,312
- Depreciation +€33,554
up €33,554 (+20.1%), from €166,803 to €200,356
- Taxes -€8,328
down €8,328 (-60.2%), from €13,842 to €5,514
- Other operating charges +€6,240
up €6,240 (+163%), from €3,826 to €10,066
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 | €841,471 | €846,801 | +€5,330 | +0.6% |
| Fixed assets | 21/28 | €538,929 | €500,440 | -€38,490 | -7.1% |
| Tangible fixed assets | 22/27 | €538,364 | €499,875 | -€38,490 | -7.1% |
| Land and buildings | 22 | €14,429 | €12,333 | -€2,096 | -14.5% |
| Plant, machinery and equipment | 23 | €488,078 | €416,612 | -€71,466 | -14.6% |
| Furniture and vehicles | 24 | €35,858 | €70,930 | +€35,072 | +97.8% |
| Financial fixed assets | 28 | €565 | €565 | = | 0.0% |
| Current assets | 29/58 | €302,541 | €346,361 | +€43,820 | +14.5% |
| Stocks and contracts in progress | 3 | €4,240 | €15,507 | +€11,267 | +266% |
| Stocks | 30/36 | €4,240 | €15,507 | +€11,267 | +266% |
| Amounts receivable within one year | 40/41 | €150,016 | €67,364 | -€82,652 | -55.1% |
| Trade receivables | 40 | €122,762 | €63,821 | -€58,941 | -48.0% |
| Other amounts receivable | 41 | €27,255 | €3,543 | -€23,712 | -87.0% |
| Cash at bank and in hand | 54/58 | €140,572 | €251,012 | +€110,440 | +78.6% |
| Deferred charges and accrued income | 490/1 | €7,713 | €12,478 | +€4,765 | +61.8% |
| Total equity and liabilities | 10/49 | €841,471 | €846,801 | +€5,330 | +0.6% |
| Equity | 10/15 | €476,463 | €494,775 | +€18,312 | +3.8% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €457,913 | €476,225 | +€18,312 | +4.0% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Tax-exempt reserves | 132 | €44,950 | €44,950 | = | 0.0% |
| Distributable reserves | 133 | €411,108 | €429,420 | +€18,312 | +4.5% |
| Amounts payable | 17/49 | €365,008 | €352,026 | -€12,982 | -3.6% |
| Amounts payable after more than one year | 17 | €183,835 | €151,431 | -€32,404 | -17.6% |
| Financial debts | 170/4 | €183,835 | €151,431 | -€32,404 | -17.6% |
| Amounts payable within one year | 42/48 | €181,173 | €200,595 | +€19,422 | +10.7% |
| Current portion of amounts payable after more than one year | 42 | €113,611 | €132,919 | +€19,308 | +17.0% |
| Trade debts | 44 | €48,705 | €51,558 | +€2,853 | +5.9% |
| Suppliers | 440/4 | €48,705 | €51,558 | +€2,853 | +5.9% |
| Taxes, remuneration and social security | 45 | €4,618 | €2,976 | -€1,642 | -35.6% |
| Taxes | 450/3 | €349 | €1,476 | +€1,127 | +323% |
| Remuneration and social security | 454/9 | €4,269 | €1,500 | -€2,769 | -64.9% |
| Other amounts payable | 47/48 | €14,239 | €13,143 | -€1,096 | -7.7% |
| Non-recurring operating income | 76A | €61,000 | €4,467 | -€56,533 | -92.7% |
| Remuneration, social security and pensions | 62 | €136,329 | €138,043 | +€1,714 | +1.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €166,803 | €200,356 | +€33,554 | +20.1% |
| Other operating charges | 640/8 | €3,826 | €10,066 | +€6,240 | +163% |
| Gross operating margin | 9900 | €387,762 | €384,678 | -€3,084 | -0.8% |
| Operating profit (loss) | 9901 | €80,804 | €36,213 | -€44,591 | -55.2% |
| Financial income | 75/76B | €0 | €28 | +€28 | |
| Recurring financial income | 75 | €0 | €28 | +€28 | |
| Financial charges | 65/66B | €10,899 | €12,414 | +€1,516 | +13.9% |
| Recurring financial charges | 65 | €10,899 | €12,414 | +€1,516 | +13.9% |
| Profit (loss) for the period before taxes | 9903 | €69,905 | €23,826 | -€46,079 | -65.9% |
| Income taxes | 67/77 | €13,842 | €5,514 | -€8,328 | -60.2% |
| Profit (loss) for the period | 9904 | €56,063 | €18,312 | -€37,751 | -67.3% |
| Profit (loss) for the period to be appropriated | 9905 | €56,063 | €18,312 | -€37,751 | -67.3% |
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 29 October 2026 via checked.be.