De Beertjes: 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.
De Beertjes
Largest movements
- Receivables within one year +€46,924
up €46,924 (+86.1%), from €54,518 to €101,442
of which Other amounts receivable: +€48,125
- Deferred charges and accrued income -€11,116
down €11,116 (-22.2%), from €50,154 to €39,038
- Tangible fixed assets -€10,335
down €10,335 (-11.2%), from €92,203 to €81,868
- Receivables after one year -€3,349
down €3,349 (-13.0%), from €25,719 to €22,370
- Profit (loss) carried forward +€52,007
up €52,007 (+93.5%), from €55,622 to €107,629
- Trade debts -€26,138
down €26,138 (-50.7%), from €51,529 to €25,391
- Debts after one year -€5,857
down €5,857 (-26.2%), from €22,341 to €16,484
- Staff costs +€43,115
up €43,115 (+18.0%), from €239,253 to €282,367
- Gross operating margin +€10,227
up €10,227 (+2.9%), from €358,420 to €368,646
- Taxes +€5,908
up €5,908 (+70.4%), from €8,395 to €14,303
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 | €224,830 | €245,998 | +€21,168 | +9.4% |
| Fixed assets | 21/28 | €92,779 | €81,868 | -€10,910 | -11.8% |
| Tangible fixed assets | 22/27 | €92,203 | €81,868 | -€10,335 | -11.2% |
| Land and buildings | 22 | €75,133 | €70,220 | -€4,913 | -6.5% |
| Plant, machinery and equipment | 23 | €10,539 | €7,583 | -€2,956 | -28.0% |
| Furniture and vehicles | 24 | €6,531 | €4,066 | -€2,465 | -37.7% |
| Financial fixed assets | 28 | €576 | €0 | -€576 | -100% |
| Current assets | 29/58 | €132,052 | €164,129 | +€32,078 | +24.3% |
| Amounts receivable after more than one year | 29 | €25,719 | €22,370 | -€3,349 | -13.0% |
| Other amounts receivable | 291 | €25,719 | €22,370 | -€3,349 | -13.0% |
| Amounts receivable within one year | 40/41 | €54,518 | €101,442 | +€46,924 | +86.1% |
| Trade receivables | 40 | €3,905 | €2,704 | -€1,201 | -30.8% |
| Other amounts receivable | 41 | €50,613 | €98,738 | +€48,125 | +95.1% |
| Cash at bank and in hand | 54/58 | €1,661 | €1,279 | -€382 | -23.0% |
| Deferred charges and accrued income | 490/1 | €50,154 | €39,038 | -€11,116 | -22.2% |
| Total equity and liabilities | 10/49 | €224,830 | €245,998 | +€21,168 | +9.4% |
| Equity | 10/15 | €60,622 | €112,629 | +€52,007 | +85.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €55,622 | €107,629 | +€52,007 | +93.5% |
| Amounts payable | 17/49 | €164,208 | €133,369 | -€30,839 | -18.8% |
| Amounts payable after more than one year | 17 | €22,341 | €16,484 | -€5,857 | -26.2% |
| Financial debts | 170/4 | €22,341 | €16,484 | -€5,857 | -26.2% |
| Amounts payable within one year | 42/48 | €141,867 | €116,884 | -€24,983 | -17.6% |
| Current portion of amounts payable after more than one year | 42 | €5,476 | €5,857 | +€381 | +7.0% |
| Financial debts | 43 | €8,364 | €7,320 | -€1,044 | -12.5% |
| Credit institutions | 430/8 | €8,364 | €7,320 | -€1,044 | -12.5% |
| Trade debts | 44 | €51,529 | €25,391 | -€26,138 | -50.7% |
| Suppliers | 440/4 | €51,529 | €25,391 | -€26,138 | -50.7% |
| Taxes, remuneration and social security | 45 | €76,498 | €78,317 | +€1,819 | +2.4% |
| Taxes | 450/3 | €25,472 | €7,458 | -€18,014 | -70.7% |
| Remuneration and social security | 454/9 | €51,027 | €70,859 | +€19,832 | +38.9% |
| Non-recurring operating income | 76A | - | €1,950 | +€1,950 | |
| Remuneration, social security and pensions | 62 | €239,253 | €282,367 | +€43,115 | +18.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,857 | €16,725 | +€1,868 | +12.6% |
| Other operating charges | 640/8 | €472 | €2,235 | +€1,763 | +374% |
| Non-recurring operating charges | 66A | €57,462 | €0 | -€57,462 | -100% |
| Gross operating margin | 9900 | €358,420 | €368,646 | +€10,227 | +2.9% |
| Operating profit (loss) | 9901 | €46,377 | €67,319 | +€20,943 | +45.2% |
| Financial income | 75/76B | €2,454 | €4,588 | +€2,135 | +87.0% |
| Recurring financial income | 75 | €2,454 | €4,588 | +€2,135 | +87.0% |
| Financial charges | 65/66B | €6,306 | €5,598 | -€708 | -11.2% |
| Recurring financial charges | 65 | €6,306 | €5,598 | -€708 | -11.2% |
| Profit (loss) for the period before taxes | 9903 | €42,524 | €66,309 | +€23,785 | +55.9% |
| Income taxes | 67/77 | €8,395 | €14,303 | +€5,908 | +70.4% |
| Profit (loss) for the period | 9904 | €34,129 | €52,007 | +€17,878 | +52.4% |
| Profit (loss) for the period to be appropriated | 9905 | €34,129 | €52,007 | +€17,878 | +52.4% |
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 18 October 2026 via checked.be.