BEYENS R.: 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.
BEYENS R.
Largest movements
- Receivables within one year -€7.9m
down €7.9m (-76.3%), from €10.3m to €2.4m
of which Trade receivables: -€8.6m
- Current investments +€2.0m
new in 2024: €2.0m
- Tangible fixed assets -€1.3m
down €1.3m (-15.8%), from €7.9m to €6.7m
of which Plant, machinery and equipment: -€948,892
- Stocks and contracts +€318,818
up €318,818 (+49.0%), from €650,103 to €968,921
- Cash +€288,772
up €288,772 (+463%), from €62,406 to €351,178
mainly Receivables within one year (+€7.9m) and Depreciation (+€1.3m)
- Trade debts -€6.1m
down €6.1m (-83.6%), from €7.2m to €1.2m
- Debts after one year -€1.0m
down €1.0m (-18.6%), from €5.6m to €4.5m
- Reserves +€431,899
up €431,899 (+11.3%), from €3.8m to €4.2m
of which Distributable reserves: +€431,899
- Gross operating margin +€1.0m
up €1.0m (+47.5%), from €2.2m to €3.2m
- Staff costs +€375,682
up €375,682 (+36.7%), from €1.0m to €1.4m
- Financial income -€71,488
down €71,488 (-50.6%), from €141,266 to €69,778
- Taxes +€58,139
up €58,139 (+1,054%), from €5,514 to €63,653
- Financial charges -€56,243
down €56,243 (-26.8%), from €209,643 to €153,400
of which Non-recurring financial charges: -€113,400
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.
Derived cash bridge
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 | €18,959,577 | €12,403,209 | -€6.6m | -34.6% |
| Fixed assets | 21/28 | €7,922,798 | €6,669,545 | -€1.3m | -15.8% |
| Tangible fixed assets | 22/27 | €7,922,573 | €6,669,080 | -€1.3m | -15.8% |
| Land and buildings | 22 | €4,192,780 | €3,888,180 | -€304,600 | -7.3% |
| Plant, machinery and equipment | 23 | €3,729,793 | €2,780,901 | -€948,892 | -25.4% |
| Financial fixed assets | 28 | €225 | €465 | +€240 | +107% |
| Current assets | 29/58 | €11,036,780 | €5,733,663 | -€5.3m | -48.0% |
| Stocks and contracts in progress | 3 | €650,103 | €968,921 | +€318,818 | +49.0% |
| Stocks | 30/36 | €650,103 | €968,921 | +€318,818 | +49.0% |
| Amounts receivable within one year | 40/41 | €10,304,400 | €2,446,423 | -€7.9m | -76.3% |
| Trade receivables | 40 | €10,035,809 | €1,442,174 | -€8.6m | -85.6% |
| Other amounts receivable | 41 | €268,591 | €1,004,249 | +€735,658 | +274% |
| Current investments | 50/53 | - | €1,954,747 | +€2.0m | |
| Cash at bank and in hand | 54/58 | €62,406 | €351,178 | +€288,772 | +463% |
| Deferred charges and accrued income | 490/1 | €19,871 | €12,394 | -€7,476 | -37.6% |
| Total equity and liabilities | 10/49 | €18,959,577 | €12,403,209 | -€6.6m | -34.6% |
| Equity | 10/15 | €4,167,844 | €4,536,786 | +€368,942 | +8.9% |
| Contributions | 10/11 | €210,000 | €210,000 | = | 0.0% |
| Reserves | 13 | €3,810,434 | €4,242,333 | +€431,899 | +11.3% |
| Non-distributable reserves | 130/1 | €21,000 | €21,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €21,000 | €21,000 | = | 0.0% |
| Distributable reserves | 133 | €3,789,434 | €4,221,333 | +€431,899 | +11.4% |
| Investment grants | 15 | €147,410 | €84,453 | -€62,958 | -42.7% |
| Provisions and deferred taxes | 16 | €7,758 | €4,445 | -€3,314 | -42.7% |
| Deferred taxes | 168 | €7,758 | €4,445 | -€3,314 | -42.7% |
| Amounts payable | 17/49 | €14,783,975 | €7,861,978 | -€6.9m | -46.8% |
| Amounts payable after more than one year | 17 | €5,554,532 | €4,518,960 | -€1.0m | -18.6% |
| Financial debts | 170/4 | €5,554,532 | €4,518,960 | -€1.0m | -18.6% |
| Amounts payable within one year | 42/48 | €9,229,324 | €3,342,878 | -€5.9m | -63.8% |
| Current portion of amounts payable after more than one year | 42 | €1,485,025 | €1,380,884 | -€104,141 | -7.0% |
| Trade debts | 44 | €7,244,229 | €1,191,026 | -€6.1m | -83.6% |
| Suppliers | 440/4 | €7,244,229 | €1,191,026 | -€6.1m | -83.6% |
| Taxes, remuneration and social security | 45 | €99,341 | €196,206 | +€96,865 | +97.5% |
| Taxes | 450/3 | €4,101 | €66,289 | +€62,188 | +1,517% |
| Remuneration and social security | 454/9 | €95,241 | €129,917 | +€34,676 | +36.4% |
| Other amounts payable | 47/48 | €400,729 | €574,761 | +€174,032 | +43.4% |
| Accrued charges and deferred income | 492/3 | €119 | €140 | +€21 | +17.3% |
| Remuneration, social security and pensions | 62 | €1,024,583 | €1,400,265 | +€375,682 | +36.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,269,159 | €1,253,493 | -€15,666 | -1.2% |
| Other operating charges | 640/8 | €14,877 | €15,539 | +€662 | +4.5% |
| Gross operating margin | 9900 | €2,199,996 | €3,245,158 | +€1.0m | +47.5% |
| Operating profit (loss) | 9901 | -€108,623 | €575,861 | +€684,485 | |
| Financial income | 75/76B | €141,266 | €69,778 | -€71,488 | -50.6% |
| Recurring financial income | 75 | €141,266 | €69,778 | -€71,488 | -50.6% |
| Financial charges | 65/66B | €209,643 | €153,400 | -€56,243 | -26.8% |
| Recurring financial charges | 65 | €96,243 | €153,400 | +€57,157 | +59.4% |
| Non-recurring financial charges | 66B | €113,400 | €0 | -€113,400 | -100% |
| Profit (loss) for the period before taxes | 9903 | -€177,001 | €492,239 | +€669,240 | |
| Transfer from deferred taxes | 780 | €3,691 | €3,314 | -€377 | -10.2% |
| Income taxes | 67/77 | €5,514 | €63,653 | +€58,139 | +1,054% |
| Profit (loss) for the period | 9904 | -€178,824 | €431,899 | +€610,724 | |
| Transfer from tax-exempt reserves | 789 | €178,000 | €0 | -€178,000 | -100% |
| Profit (loss) for the period to be appropriated | 9905 | -€824 | €431,899 | +€432,724 |
Source: filed annual accounts (NBB), financial years ended 31 March 2023 and 31 March 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.