Den Beuk: 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.
Den Beuk
Largest movements
- Cash +€19,862
up €19,862 (+34.5%), from €57,636 to €77,497
mainly Depreciation (+€53,914) and Net result for the year (+€31,120)
- Tangible fixed assets -€16,691
down €16,691 (-11.5%), from €144,757 to €128,067
of which Furniture and vehicles: -€20,530
- Receivables within one year +€2,664
up €2,664 (+49.9%), from €5,335 to €7,999
of which Trade receivables: +€3,329
- Reserves +€31,120
up €31,120 (+28.0%), from €111,284 to €142,404
- Debts after one year -€19,859
down €19,859 (-30.4%), from €65,296 to €45,437
of which Financial debts: -€15,993
- Trade debts -€5,413
down €5,413 (-57.6%), from €9,401 to €3,988
- Gross operating margin +€18,309
up €18,309 (+23.4%), from €78,154 to €96,462
- Other operating charges -€7,966
down €7,966 (-74.2%), from €10,740 to €2,774
- Taxes +€4,748
up €4,748 (+191%), from €2,490 to €7,238
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 | €223,873 | €228,354 | +€4,480 | +2.0% |
| Fixed assets | 21/28 | €149,382 | €131,942 | -€17,441 | -11.7% |
| Intangible fixed assets | 21 | €4,625 | €3,875 | -€750 | -16.2% |
| Tangible fixed assets | 22/27 | €144,757 | €128,067 | -€16,691 | -11.5% |
| Plant, machinery and equipment | 23 | €21,794 | €35,012 | +€13,219 | +60.7% |
| Furniture and vehicles | 24 | €74,733 | €54,203 | -€20,530 | -27.5% |
| Leasing and similar rights | 25 | €44,640 | €29,335 | -€15,305 | -34.3% |
| Other tangible fixed assets | 26 | €3,591 | €9,517 | +€5,926 | +165% |
| Current assets | 29/58 | €74,491 | €96,412 | +€21,921 | +29.4% |
| Stocks and contracts in progress | 3 | €7,910 | €8,600 | +€690 | +8.7% |
| Stocks | 30/36 | €7,910 | €8,600 | +€690 | +8.7% |
| Amounts receivable within one year | 40/41 | €5,335 | €7,999 | +€2,664 | +49.9% |
| Trade receivables | 40 | €1,960 | €5,289 | +€3,329 | +170% |
| Other amounts receivable | 41 | €3,375 | €2,710 | -€665 | -19.7% |
| Cash at bank and in hand | 54/58 | €57,636 | €77,497 | +€19,862 | +34.5% |
| Deferred charges and accrued income | 490/1 | €3,610 | €2,316 | -€1,294 | -35.8% |
| Total equity and liabilities | 10/49 | €223,873 | €228,354 | +€4,480 | +2.0% |
| Equity | 10/15 | €121,284 | €152,404 | +€31,120 | +25.7% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €111,284 | €142,404 | +€31,120 | +28.0% |
| Distributable reserves | 133 | €111,284 | €142,404 | +€31,120 | +28.0% |
| Amounts payable | 17/49 | €102,590 | €75,950 | -€26,640 | -26.0% |
| Amounts payable after more than one year | 17 | €65,296 | €45,437 | -€19,859 | -30.4% |
| Financial debts | 170/4 | €37,788 | €21,796 | -€15,993 | -42.3% |
| Other amounts payable | 178/9 | €27,508 | €23,642 | -€3,866 | -14.1% |
| Amounts payable within one year | 42/48 | €35,423 | €30,513 | -€4,911 | -13.9% |
| Current portion of amounts payable after more than one year | 42 | €15,348 | €15,993 | +€645 | +4.2% |
| Trade debts | 44 | €9,401 | €3,988 | -€5,413 | -57.6% |
| Suppliers | 440/4 | €9,401 | €3,988 | -€5,413 | -57.6% |
| Advances received on contracts in progress | 46 | €5,440 | €5,100 | -€340 | -6.3% |
| Taxes, remuneration and social security | 45 | €3,322 | €5,432 | +€2,110 | +63.5% |
| Taxes | 450/3 | €3,322 | €5,432 | +€2,110 | +63.5% |
| Other amounts payable | 47/48 | €1,913 | €0 | -€1,913 | -100% |
| Accrued charges and deferred income | 492/3 | €1,870 | €0 | -€1,870 | -100% |
| Remuneration, social security and pensions | 62 | -€421 | - | +€421 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €54,345 | €53,914 | -€430 | -0.8% |
| Other operating charges | 640/8 | €10,740 | €2,774 | -€7,966 | -74.2% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €78,154 | €96,462 | +€18,309 | +23.4% |
| Operating profit (loss) | 9901 | €13,490 | €39,774 | +€26,284 | +195% |
| Financial income | 75/76B | €764 | €764 | -€1 | -0.1% |
| Recurring financial income | 75 | €764 | €764 | -€1 | -0.1% |
| Financial charges | 65/66B | €2,820 | €2,180 | -€640 | -22.7% |
| Recurring financial charges | 65 | €2,820 | €2,180 | -€640 | -22.7% |
| Profit (loss) for the period before taxes | 9903 | €11,435 | €38,358 | +€26,923 | +235% |
| Income taxes | 67/77 | €2,490 | €7,238 | +€4,748 | +191% |
| Profit (loss) for the period | 9904 | €8,945 | €31,120 | +€22,175 | +248% |
| Profit (loss) for the period to be appropriated | 9905 | €8,945 | €31,120 | +€22,175 | +248% |
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 13 October 2026 via checked.be.