DE BEIR VALENTIN: 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 BEIR VALENTIN
Largest movements
- Tangible fixed assets +€25,414
up €25,414 (+42.5%), from €59,857 to €85,271
of which Land and buildings: +€22,396
- Debts after one year +€45,068
up €45,068 (+648%), from €6,958 to €52,025
- Current portion of long-term debt -€37,595
down €37,595 (-90.9%), from €41,377 to €3,782
- Reserves +€17,714
up €17,714 (+71.5%), from €24,765 to €42,479
- Tax, wage and social debts +€1,464
up €1,464 (+13.2%), from €11,107 to €12,571
of which Remuneration and social security: +€1,887
- Short-term financial debts -€1,220
down €1,220 (-92.2%), from €1,323 to €103
- Gross operating margin -€8,845
down €8,845 (-20.2%), from €43,723 to €34,878
- Taxes -€4,960
down €4,960 (-46.4%), from €10,684 to €5,724
- Depreciation +€2,763
up €2,763 (+46.9%), from €5,898 to €8,661
- Financial charges +€1,999
up €1,999 (+1,975%), from €101 to €2,100
- Other operating charges -€1,523
down €1,523 (-59.4%), from €2,564 to €1,042
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €93,504 | €119,110 | +€25,606 | +27.4% |
| Formation expenses | 20 | €2,903 | €2,202 | -€701 | -24.1% |
| Fixed assets | 21/28 | €59,857 | €85,271 | +€25,414 | +42.5% |
| Tangible fixed assets | 22/27 | €59,857 | €85,271 | +€25,414 | +42.5% |
| Land and buildings | 22 | - | €22,396 | +€22,396 | |
| Plant, machinery and equipment | 23 | - | €3,056 | +€3,056 | |
| Furniture and vehicles | 24 | €11,435 | €6,007 | -€5,428 | -47.5% |
| Leasing and similar rights | 25 | €47,088 | €47,452 | +€364 | +0.8% |
| Other tangible fixed assets | 26 | €1,334 | €6,360 | +€5,026 | +377% |
| Current assets | 29/58 | €30,744 | €31,637 | +€893 | +2.9% |
| Stocks and contracts in progress | 3 | €97 | €97 | = | 0.0% |
| Stocks | 30/36 | €97 | €97 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €28,897 | €29,632 | +€735 | +2.5% |
| Trade receivables | 40 | €21,069 | €15,421 | -€5,648 | -26.8% |
| Other amounts receivable | 41 | €7,828 | €14,211 | +€6,383 | +81.5% |
| Cash at bank and in hand | 54/58 | €768 | €1,908 | +€1,140 | +148% |
| Deferred charges and accrued income | 490/1 | €982 | - | -€982 | |
| Total equity and liabilities | 10/49 | €93,504 | €119,110 | +€25,606 | +27.4% |
| Equity | 10/15 | €30,765 | €48,479 | +€17,714 | +57.6% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Contributions outside capital | 11 | €6,000 | €6,000 | = | 0.0% |
| Other | 1109/19 | €6,000 | €6,000 | = | 0.0% |
| Reserves | 13 | €24,765 | €42,479 | +€17,714 | +71.5% |
| Distributable reserves | 133 | €24,765 | €42,479 | +€17,714 | +71.5% |
| Amounts payable | 17/49 | €62,739 | €70,631 | +€7,892 | +12.6% |
| Amounts payable after more than one year | 17 | €6,958 | €52,025 | +€45,068 | +648% |
| Financial debts | 170/4 | €6,958 | €52,025 | +€45,068 | +648% |
| Amounts payable within one year | 42/48 | €55,781 | €18,606 | -€37,175 | -66.6% |
| Current portion of amounts payable after more than one year | 42 | €41,377 | €3,782 | -€37,595 | -90.9% |
| Financial debts | 43 | €1,323 | €103 | -€1,220 | -92.2% |
| Credit institutions | 430/8 | €1,323 | €103 | -€1,220 | -92.2% |
| Trade debts | 44 | €1,974 | €2,149 | +€175 | +8.9% |
| Suppliers | 440/4 | €1,974 | €2,149 | +€175 | +8.9% |
| Taxes, remuneration and social security | 45 | €11,107 | €12,571 | +€1,464 | +13.2% |
| Taxes | 450/3 | €11,107 | €10,684 | -€423 | -3.8% |
| Remuneration and social security | 454/9 | - | €1,887 | +€1,887 | |
| Remuneration, social security and pensions | 62 | - | €54 | +€54 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,898 | €8,661 | +€2,763 | +46.9% |
| Other operating charges | 640/8 | €2,564 | €1,042 | -€1,523 | -59.4% |
| Gross operating margin | 9900 | €43,723 | €34,878 | -€8,845 | -20.2% |
| Operating profit (loss) | 9901 | €35,260 | €25,121 | -€10,139 | -28.8% |
| Financial income | 75/76B | €290 | €417 | +€127 | +44.0% |
| Recurring financial income | 75 | €290 | €417 | +€127 | +44.0% |
| Financial charges | 65/66B | €101 | €2,100 | +€1,999 | +1,975% |
| Recurring financial charges | 65 | €101 | €2,100 | +€1,999 | +1,975% |
| Profit (loss) for the period before taxes | 9903 | €35,449 | €23,438 | -€12,011 | -33.9% |
| Income taxes | 67/77 | €10,684 | €5,724 | -€4,960 | -46.4% |
| Profit (loss) for the period | 9904 | €24,765 | €17,714 | -€7,051 | -28.5% |
| Profit (loss) for the period to be appropriated | 9905 | €24,765 | €17,714 | -€7,051 | -28.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.