DE BEER: 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.
DE BEER
Largest movements
- Current investments -€985,815
down €985,815 (-50.5%), from €2.0m to €966,814
- Cash +€592,176
up €592,176 (+65.9%), from €899,154 to €1.5m
mainly Current investments (+€985,815) and Deferred charges and accrued income (+€29,912)
- Reserves -€432,600
down €432,600 (-16.9%), from €2.6m to €2.1m
- Financial income -€42,063
down €42,063 (-57.9%), from €72,634 to €30,571
- Gross operating margin -€39,830
down €39,830 (-57.1%), from €69,721 to €29,892
- Taxes -€21,044
down €21,044 (-83.6%), from €25,173 to €4,129
- Depreciation -€9,960
down €9,960 (-30.2%), from €32,999 to €23,039
- Financial charges +€2,156
up €2,156 (+52.7%), from €4,092 to €6,248
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 | €3,737,737 | €3,305,765 | -€431,972 | -11.6% |
| Fixed assets | 21/28 | €841,023 | €817,984 | -€23,039 | -2.7% |
| Tangible fixed assets | 22/27 | €841,023 | €817,984 | -€23,039 | -2.7% |
| Land and buildings | 22 | €841,023 | €817,984 | -€23,039 | -2.7% |
| Current assets | 29/58 | €2,896,715 | €2,487,782 | -€408,933 | -14.1% |
| Amounts receivable within one year | 40/41 | €7,724 | €22,342 | +€14,618 | +189.2% |
| Trade receivables | 40 | €1,275 | €50 | -€1,225 | -96.1% |
| Other amounts receivable | 41 | €6,449 | €22,292 | +€15,843 | +245.7% |
| Current investments | 50/53 | €1,952,629 | €966,814 | -€985,815 | -50.5% |
| Cash at bank and in hand | 54/58 | €899,154 | €1,491,330 | +€592,176 | +65.9% |
| Deferred charges and accrued income | 490/1 | €37,208 | €7,296 | -€29,912 | -80.4% |
| Total equity and liabilities | 10/49 | €3,737,737 | €3,305,765 | -€431,972 | -11.6% |
| Equity | 10/15 | €3,727,162 | €3,294,707 | -€432,455 | -11.6% |
| Contributions | 10/11 | €123,947 | €123,947 | = | 0.0% |
| Reserves | 13 | €2,565,904 | €2,133,304 | -€432,600 | -16.9% |
| Distributable reserves | 133 | €2,565,904 | €2,133,304 | -€432,600 | -16.9% |
| Profit (loss) carried forward | 14 | €1,037,311 | €1,037,457 | +€145 | 0.0% |
| Amounts payable | 17/49 | €10,576 | €11,058 | +€483 | +4.6% |
| Amounts payable within one year | 42/48 | €1,483 | €11,058 | +€9,575 | +645.6% |
| Trade debts | 44 | €1,276 | €10,991 | +€9,716 | +761.7% |
| Suppliers | 440/4 | €1,276 | €10,991 | +€9,716 | +761.7% |
| Taxes, remuneration and social security | 45 | €208 | €67 | -€140 | -67.7% |
| Taxes | 450/3 | €208 | €67 | -€140 | -67.7% |
| Accrued charges and deferred income | 492/3 | €9,092 | €0 | -€9,092 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,999 | €23,039 | -€9,960 | -30.2% |
| Other operating charges | 640/8 | €5,378 | €5,902 | +€523 | +9.7% |
| Gross operating margin | 9900 | €69,721 | €29,892 | -€39,830 | -57.1% |
| Operating profit (loss) | 9901 | €31,344 | €951 | -€30,393 | -97.0% |
| Financial income | 75/76B | €72,634 | €30,571 | -€42,063 | -57.9% |
| Recurring financial income | 75 | €72,634 | €30,571 | -€42,063 | -57.9% |
| Financial charges | 65/66B | €4,092 | €6,248 | +€2,156 | +52.7% |
| Recurring financial charges | 65 | €4,092 | €6,248 | +€2,156 | +52.7% |
| Profit (loss) for the period before taxes | 9903 | €99,886 | €25,274 | -€74,612 | -74.7% |
| Income taxes | 67/77 | €25,173 | €4,129 | -€21,044 | -83.6% |
| Profit (loss) for the period | 9904 | €74,713 | €21,145 | -€53,568 | -71.7% |
| Profit (loss) for the period to be appropriated | 9905 | €74,713 | €21,145 | -€53,568 | -71.7% |
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 30 September 2026 via checked.be.