BEYERS G.: 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.
BEYERS G.
Largest movements
- Tangible fixed assets +€108,634
up €108,634 (+193%), from €56,364 to €164,997
of which Other tangible fixed assets: +€117,317
- Cash +€59,231
up €59,231 (+76.6%), from €77,344 to €136,575
mainly Net result for the year (+€169,911) and Stocks and contracts (+€22,633)
- Stocks and contracts -€22,633
down €22,633 (-11.3%), from €199,650 to €177,017
- Receivables within one year +€15,929
up €15,929 (+1,080%), from €1,476 to €17,405
of which Other amounts receivable: +€17,405
- Profit (loss) carried forward +€93,022
up €93,022, from -€93,022 to €0
- Reserves +€76,057
up €76,057 (+175%), from €43,430 to €119,487
- Tax, wage and social debts -€18,998
down €18,998 (-73.4%), from €25,886 to €6,888
of which Remuneration and social security: -€14,222
- Other debts +€16,077
up €16,077 (+4.8%), from €334,925 to €351,002
- Gross operating margin +€207,105
up €207,105 (+579%), from €35,779 to €242,883
- Taxes +€43,023
new in 2025: €43,023
- Depreciation +€16,831
up €16,831 (+530%), from €3,173 to €20,004
- Staff costs +€8,827
new in 2025: €8,827
- Other operating charges -€8,631
down €8,631 (-89.6%), from €9,636 to €1,005
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 | €335,945 | €497,400 | +€161,455 | +48.1% |
| Fixed assets | 21/28 | €56,364 | €164,997 | +€108,634 | +193% |
| Tangible fixed assets | 22/27 | €56,364 | €164,997 | +€108,634 | +193% |
| Plant, machinery and equipment | 23 | €3,239 | €9,871 | +€6,632 | +205% |
| Furniture and vehicles | 24 | €53,124 | €37,809 | -€15,316 | -28.8% |
| Other tangible fixed assets | 26 | - | €117,317 | +€117,317 | |
| Current assets | 29/58 | €279,581 | €332,403 | +€52,822 | +18.9% |
| Stocks and contracts in progress | 3 | €199,650 | €177,017 | -€22,633 | -11.3% |
| Stocks | 30/36 | €199,650 | €177,017 | -€22,633 | -11.3% |
| Amounts receivable within one year | 40/41 | €1,476 | €17,405 | +€15,929 | +1,080% |
| Trade receivables | 40 | €1,476 | €0 | -€1,476 | -100% |
| Other amounts receivable | 41 | - | €17,405 | +€17,405 | |
| Cash at bank and in hand | 54/58 | €77,344 | €136,575 | +€59,231 | +76.6% |
| Deferred charges and accrued income | 490/1 | €1,111 | €1,406 | +€295 | +26.5% |
| Total equity and liabilities | 10/49 | €335,945 | €497,400 | +€161,455 | +48.1% |
| Equity | 10/15 | -€31,000 | €138,079 | +€169,078 | |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €43,430 | €119,487 | +€76,057 | +175% |
| Distributable reserves | 133 | €43,430 | €119,487 | +€76,057 | +175% |
| Profit (loss) carried forward | 14 | -€93,022 | €0 | +€93,022 | |
| Amounts payable | 17/49 | €366,944 | €359,321 | -€7,623 | -2.1% |
| Amounts payable within one year | 42/48 | €366,944 | €359,321 | -€7,623 | -2.1% |
| Trade debts | 44 | €6,134 | €1,432 | -€4,702 | -76.7% |
| Suppliers | 440/4 | €6,134 | €1,432 | -€4,702 | -76.7% |
| Taxes, remuneration and social security | 45 | €25,886 | €6,888 | -€18,998 | -73.4% |
| Taxes | 450/3 | €10,847 | €6,071 | -€4,775 | -44.0% |
| Remuneration and social security | 454/9 | €15,039 | €817 | -€14,222 | -94.6% |
| Other amounts payable | 47/48 | €334,925 | €351,002 | +€16,077 | +4.8% |
| Remuneration, social security and pensions | 62 | - | €8,827 | +€8,827 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,173 | €20,004 | +€16,831 | +530% |
| Other operating charges | 640/8 | €9,636 | €1,005 | -€8,631 | -89.6% |
| Gross operating margin | 9900 | €35,779 | €242,883 | +€207,105 | +579% |
| Operating profit (loss) | 9901 | €22,969 | €213,048 | +€190,078 | +828% |
| Financial income | 75/76B | €0 | €23 | +€23 | +5,640% |
| Recurring financial income | 75 | €0 | €23 | +€23 | +5,640% |
| Financial charges | 65/66B | €1,474 | €136 | -€1,337 | -90.7% |
| Recurring financial charges | 65 | €1,474 | €136 | -€1,337 | -90.7% |
| Profit (loss) for the period before taxes | 9903 | €21,496 | €212,934 | +€191,438 | +891% |
| Income taxes | 67/77 | - | €43,023 | +€43,023 | |
| Profit (loss) for the period | 9904 | €21,496 | €169,911 | +€148,415 | +690% |
| Profit (loss) for the period to be appropriated | 9905 | €21,496 | €169,911 | +€148,415 | +690% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.