BEYOND: 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.
BEYOND
Largest movements
- Cash +€266,012
up €266,012 (+1958.7%), from €13,581 to €279,593
mainly Debts after one year (+€288,234) and Net result for the year (+€208,837)
- Tangible fixed assets +€204,965
up €204,965 (+3040.5%), from €6,741 to €211,706
of which Furniture and vehicles: +€201,448
- Receivables within one year +€155,215
up €155,215 (+170.9%), from €90,821 to €246,036
of which Other amounts receivable: +€104,847
- Debts after one year +€288,234
new in 2025: €288,234
of which Other amounts payable: +€200,000
- Other debts +€175,582
up €175,582 (+2239.4%), from €7,840 to €183,423
- Profit (loss) carried forward +€104,177
up €104,177, from -€104,177 to €0
- Trade debts +€23,065
up €23,065 (+367.0%), from €6,285 to €29,351
- Current portion of long-term debt +€23,053
new in 2025: €23,053
- Financial income +€243,096
up €243,096 (+16397.7%), from €1,483 to €244,579
- Depreciation +€24,625
up €24,625 (+483.2%), from €5,096 to €29,721
- Financial charges +€21,223
up €21,223 (+4437.0%), from €478 to €21,701
- Gross operating margin -€10,706
down €10,706 (-35.3%), from €30,339 to €19,633
- Taxes +€2,109
up €2,109 (+562.6%), from €375 to €2,484
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 | €114,026 | €737,334 | +€623,308 | +546.6% |
| Fixed assets | 21/28 | €6,741 | €211,706 | +€204,965 | +3040.5% |
| Tangible fixed assets | 22/27 | €6,741 | €211,706 | +€204,965 | +3040.5% |
| Plant, machinery and equipment | 23 | €291 | €3,808 | +€3,517 | +1209.4% |
| Furniture and vehicles | 24 | €6,450 | €207,898 | +€201,448 | +3123.0% |
| Current assets | 29/58 | €107,285 | €525,628 | +€418,343 | +389.9% |
| Amounts receivable within one year | 40/41 | €90,821 | €246,036 | +€155,215 | +170.9% |
| Trade receivables | 40 | €9,295 | €59,664 | +€50,369 | +541.9% |
| Other amounts receivable | 41 | €81,525 | €186,372 | +€104,847 | +128.6% |
| Cash at bank and in hand | 54/58 | €13,581 | €279,593 | +€266,012 | +1958.7% |
| Deferred charges and accrued income | 490/1 | €2,884 | €0 | -€2,884 | -100.0% |
| Total equity and liabilities | 10/49 | €114,026 | €737,334 | +€623,308 | +546.6% |
| Equity | 10/15 | €97,823 | €200,000 | +€102,177 | +104.5% |
| Contributions | 10/11 | €200,000 | €200,000 | = | 0.0% |
| Reserves | 13 | €2,000 | €0 | -€2,000 | -100.0% |
| Distributable reserves | 133 | €2,000 | €0 | -€2,000 | -100.0% |
| Profit (loss) carried forward | 14 | -€104,177 | €0 | +€104,177 | |
| Amounts payable | 17/49 | €16,203 | €537,334 | +€521,131 | +3216.3% |
| Amounts payable after more than one year | 17 | - | €288,234 | +€288,234 | |
| Financial debts | 170/4 | - | €88,234 | +€88,234 | |
| Other amounts payable | 178/9 | - | €200,000 | +€200,000 | |
| Amounts payable within one year | 42/48 | €16,203 | €240,851 | +€224,648 | +1386.5% |
| Current portion of amounts payable after more than one year | 42 | - | €23,053 | +€23,053 | |
| Trade debts | 44 | €6,285 | €29,351 | +€23,065 | +367.0% |
| Suppliers | 440/4 | €6,285 | €29,351 | +€23,065 | +367.0% |
| Taxes, remuneration and social security | 45 | €2,077 | €5,024 | +€2,947 | +141.9% |
| Taxes | 450/3 | €2,077 | €5,024 | +€2,947 | +141.9% |
| Other amounts payable | 47/48 | €7,840 | €183,423 | +€175,582 | +2239.4% |
| Accrued charges and deferred income | 492/3 | - | €8,250 | +€8,250 | |
| Non-recurring operating income | 76A | - | €9,970 | +€9,970 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,096 | €29,721 | +€24,625 | +483.2% |
| Other operating charges | 640/8 | €1,250 | €1,469 | +€219 | +17.6% |
| Gross operating margin | 9900 | €30,339 | €19,633 | -€10,706 | -35.3% |
| Operating profit (loss) | 9901 | €23,993 | -€11,557 | -€35,550 | |
| Financial income | 75/76B | €1,483 | €244,579 | +€243,096 | +16397.7% |
| Recurring financial income | 75 | €1,483 | €244,579 | +€243,096 | +16397.7% |
| Financial charges | 65/66B | €478 | €21,701 | +€21,223 | +4437.0% |
| Recurring financial charges | 65 | €478 | €21,701 | +€21,223 | +4437.0% |
| Profit (loss) for the period before taxes | 9903 | €24,997 | €211,321 | +€186,323 | +745.4% |
| Income taxes | 67/77 | €375 | €2,484 | +€2,109 | +562.6% |
| Profit (loss) for the period | 9904 | €24,622 | €208,837 | +€184,214 | +748.2% |
| Profit (loss) for the period to be appropriated | 9905 | €24,622 | €208,837 | +€184,214 | +748.2% |
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 5 October 2026 via checked.be.