Chantal Bekaert: 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.
Chantal Bekaert
Largest movements
- Cash +€94,041
up €94,041 (+106%), from €88,470 to €182,512
mainly Net result for the year (+€70,129) and Trade debts (+€27,575)
- Receivables within one year +€5,988
up €5,988 (+244%), from €2,457 to €8,445
of which Other amounts receivable: +€5,452
- Tangible fixed assets +€3,918
new in 2025: €3,918
- Reserves +€70,129
up €70,129 (+101%), from €69,508 to €139,637
- Trade debts +€27,575
up €27,575 (+41,330%), from €67 to €27,642
- Tax, wage and social debts +€6,243
up €6,243 (+34.0%), from €18,352 to €24,595
No income-statement line moved by more than 1% of the activity.
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 | €90,927 | €194,874 | +€103,948 | +114% |
| Fixed assets | 21/28 | - | €3,918 | +€3,918 | |
| Tangible fixed assets | 22/27 | - | €3,918 | +€3,918 | |
| Plant, machinery and equipment | 23 | - | €3,918 | +€3,918 | |
| Current assets | 29/58 | €90,927 | €190,957 | +€100,030 | +110% |
| Amounts receivable within one year | 40/41 | €2,457 | €8,445 | +€5,988 | +244% |
| Trade receivables | 40 | - | €536 | +€536 | |
| Other amounts receivable | 41 | €2,457 | €7,909 | +€5,452 | +222% |
| Cash at bank and in hand | 54/58 | €88,470 | €182,512 | +€94,041 | +106% |
| Total equity and liabilities | 10/49 | €90,927 | €194,874 | +€103,948 | +114% |
| Equity | 10/15 | €72,508 | €142,637 | +€70,129 | +96.7% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €69,508 | €139,637 | +€70,129 | +101% |
| Distributable reserves | 133 | €69,508 | €139,637 | +€70,129 | +101% |
| Amounts payable | 17/49 | €18,419 | €52,237 | +€33,818 | +184% |
| Amounts payable within one year | 42/48 | €18,419 | €52,237 | +€33,818 | +184% |
| Trade debts | 44 | €67 | €27,642 | +€27,575 | +41,330% |
| Suppliers | 440/4 | €67 | €27,642 | +€27,575 | +41,330% |
| Taxes, remuneration and social security | 45 | €18,352 | €24,595 | +€6,243 | +34.0% |
| Taxes | 450/3 | €18,352 | €24,595 | +€6,243 | +34.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €346 | +€346 | |
| Other operating charges | 640/8 | €2,414 | €1,838 | -€576 | -23.9% |
| Gross operating margin | 9900 | €89,729 | €90,143 | +€414 | +0.5% |
| Operating profit (loss) | 9901 | €87,315 | €87,959 | +€645 | +0.7% |
| Financial income | 75/76B | €182 | €281 | +€98 | +54.0% |
| Recurring financial income | 75 | €182 | €281 | +€98 | +54.0% |
| Financial charges | 65/66B | €71 | €60 | -€11 | -15.2% |
| Recurring financial charges | 65 | €71 | €60 | -€11 | -15.2% |
| Profit (loss) for the period before taxes | 9903 | €87,426 | €88,180 | +€754 | +0.9% |
| Income taxes | 67/77 | €17,918 | €18,051 | +€133 | +0.7% |
| Profit (loss) for the period | 9904 | €69,508 | €70,129 | +€621 | +0.9% |
| Profit (loss) for the period to be appropriated | 9905 | €69,508 | €70,129 | +€621 | +0.9% |
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 19 October 2026 via checked.be.