DE BLICK - BEYLS: 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 BLICK - BEYLS
Largest movements
- Cash -€78,257
down €78,257 (-37.0%), from €211,475 to €133,218
mainly Investment in fixed assets (net) (-€82,094) and Advances received (-€19,051)
- Receivables within one year +€13,800
up €13,800 (+34.4%), from €40,114 to €53,914
of which Trade receivables: +€17,020
- Intangible fixed assets -€6,769
down €6,769 (-84.4%), from €8,016 to €1,247
- Advances received -€19,051
no longer reported in 2025 (was €19,051)
- Tax, wage and social debts -€15,933
down €15,933 (-44.7%), from €35,637 to €19,703
of which Taxes: -€8,540
- Reserves -€12,537
down €12,537 (-18.0%), from €69,503 to €56,966
- Debts after one year -€11,299
down €11,299 (-7.7%), from €145,818 to €134,519
- Trade debts -€7,679
down €7,679 (-4.0%), from €193,974 to €186,294
- Gross operating margin -€77,426
down €77,426 (-30.5%), from €253,465 to €176,039
- Staff costs -€52,057
down €52,057 (-39.3%), from €132,383 to €80,326
- Financial charges +€8,473
up €8,473 (+99.9%), from €8,485 to €16,958
of which Non-recurring financial charges: +€7,640
- Other operating charges -€3,596
down €3,596 (-35.8%), from €10,039 to €6,443
- Depreciation +€2,834
up €2,834 (+3.4%), from €82,452 to €85,286
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 | €534,665 | €469,607 | -€65,057 | -12.2% |
| Fixed assets | 21/28 | €271,326 | €268,133 | -€3,193 | -1.2% |
| Intangible fixed assets | 21 | €8,016 | €1,247 | -€6,769 | -84.4% |
| Tangible fixed assets | 22/27 | €263,310 | €266,887 | +€3,576 | +1.4% |
| Land and buildings | 22 | €109,776 | €109,097 | -€679 | -0.6% |
| Plant, machinery and equipment | 23 | €65,507 | €95,850 | +€30,343 | +46.3% |
| Furniture and vehicles | 24 | €62,949 | €44,920 | -€18,028 | -28.6% |
| Other tangible fixed assets | 26 | €25,078 | €17,020 | -€8,059 | -32.1% |
| Current assets | 29/58 | €263,339 | €201,474 | -€61,865 | -23.5% |
| Stocks and contracts in progress | 3 | €11,750 | €13,070 | +€1,320 | +11.2% |
| Stocks | 30/36 | €11,750 | €13,070 | +€1,320 | +11.2% |
| Amounts receivable within one year | 40/41 | €40,114 | €53,914 | +€13,800 | +34.4% |
| Trade receivables | 40 | €32,447 | €49,468 | +€17,020 | +52.5% |
| Other amounts receivable | 41 | €7,666 | €4,446 | -€3,220 | -42.0% |
| Cash at bank and in hand | 54/58 | €211,475 | €133,218 | -€78,257 | -37.0% |
| Deferred charges and accrued income | 490/1 | - | €1,272 | +€1,272 | |
| Total equity and liabilities | 10/49 | €534,665 | €469,607 | -€65,057 | -12.2% |
| Equity | 10/15 | €84,503 | €71,966 | -€12,537 | -14.8% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Reserves | 13 | €69,503 | €56,966 | -€12,537 | -18.0% |
| Distributable reserves | 133 | €69,503 | €56,966 | -€12,537 | -18.0% |
| Amounts payable | 17/49 | €450,161 | €397,642 | -€52,520 | -11.7% |
| Amounts payable after more than one year | 17 | €145,818 | €134,519 | -€11,299 | -7.7% |
| Financial debts | 170/4 | €145,818 | €134,519 | -€11,299 | -7.7% |
| Amounts payable within one year | 42/48 | €304,343 | €263,122 | -€41,221 | -13.5% |
| Current portion of amounts payable after more than one year | 42 | €53,572 | €56,339 | +€2,767 | +5.2% |
| Trade debts | 44 | €193,974 | €186,294 | -€7,679 | -4.0% |
| Suppliers | 440/4 | €193,974 | €186,294 | -€7,679 | -4.0% |
| Advances received on contracts in progress | 46 | €19,051 | - | -€19,051 | |
| Taxes, remuneration and social security | 45 | €35,637 | €19,703 | -€15,933 | -44.7% |
| Taxes | 450/3 | €11,621 | €3,081 | -€8,540 | -73.5% |
| Remuneration and social security | 454/9 | €24,015 | €16,622 | -€7,393 | -30.8% |
| Other amounts payable | 47/48 | €2,110 | €785 | -€1,324 | -62.8% |
| Non-recurring operating income | 76A | - | €16,348 | +€16,348 | |
| Remuneration, social security and pensions | 62 | €132,383 | €80,326 | -€52,057 | -39.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €82,452 | €85,286 | +€2,834 | +3.4% |
| Other operating charges | 640/8 | €10,039 | €6,443 | -€3,596 | -35.8% |
| Gross operating margin | 9900 | €253,465 | €176,039 | -€77,426 | -30.5% |
| Operating profit (loss) | 9901 | €28,592 | €3,984 | -€24,608 | -86.1% |
| Financial income | 75/76B | €219 | €436 | +€217 | +99.2% |
| Recurring financial income | 75 | €219 | €436 | +€217 | +99.2% |
| Financial charges | 65/66B | €8,485 | €16,958 | +€8,473 | +99.9% |
| Recurring financial charges | 65 | €8,485 | €9,318 | +€834 | +9.8% |
| Non-recurring financial charges | 66B | - | €7,640 | +€7,640 | |
| Profit (loss) for the period before taxes | 9903 | €20,326 | -€12,537 | -€32,864 | |
| Income taxes | 67/77 | €231 | - | -€231 | |
| Profit (loss) for the period | 9904 | €20,096 | -€12,537 | -€32,633 | |
| Profit (loss) for the period to be appropriated | 9905 | €20,096 | -€12,537 | -€32,633 |
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 26 October 2026 via checked.be.