Den Biegel: 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 Biegel
Largest movements
- Tangible fixed assets -€5,861
down €5,861 (-13.8%), from €42,412 to €36,551
of which Other tangible fixed assets: -€3,597
- Receivables within one year -€4,441
down €4,441 (-42.4%), from €10,479 to €6,038
of which Trade receivables: -€6,406
- Cash +€3,287
up €3,287 (+7.8%), from €41,938 to €45,225
mainly Depreciation (+€9,163) and Accrued charges and deferred income (+€6,738)
- Deferred charges and accrued income -€1,316
down €1,316 (-18.3%), from €7,178 to €5,862
- Reserves +€34,008
new in 2025: €34,008
- Profit (loss) carried forward -€28,841
down €28,841 (-100%), from €28,841 to €0
- Debts after one year -€10,017
down €10,017 (-32.5%), from €30,807 to €20,790
- Tax, wage and social debts -€6,787
down €6,787 (-25.9%), from €26,166 to €19,379
- Accrued charges and deferred income +€6,738
up €6,738 (+91.0%), from €7,405 to €14,143
- Staff costs -€29,270
down €29,270 (-100%), from €29,270 to €0
- Gross operating margin -€12,143
down €12,143 (-29.5%), from €41,137 to €28,994
- Other operating charges +€5,843
up €5,843 (+148%), from €3,961 to €9,803
- Taxes +€2,020
up €2,020, from €0 to €2,020
- Depreciation +€933
up €933 (+11.3%), from €8,230 to €9,163
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 | €114,008 | €105,677 | -€8,331 | -7.3% |
| Fixed assets | 21/28 | €54,412 | €48,551 | -€5,861 | -10.8% |
| Tangible fixed assets | 22/27 | €42,412 | €36,551 | -€5,861 | -13.8% |
| Plant, machinery and equipment | 23 | €2,265 | €2,808 | +€543 | +24.0% |
| Furniture and vehicles | 24 | €10,353 | €7,546 | -€2,807 | -27.1% |
| Other tangible fixed assets | 26 | €29,794 | €26,197 | -€3,597 | -12.1% |
| Financial fixed assets | 28 | €12,000 | €12,000 | = | 0.0% |
| Current assets | 29/58 | €59,595 | €57,126 | -€2,469 | -4.1% |
| Amounts receivable within one year | 40/41 | €10,479 | €6,038 | -€4,441 | -42.4% |
| Trade receivables | 40 | €6,667 | €261 | -€6,406 | -96.1% |
| Other amounts receivable | 41 | €3,813 | €5,777 | +€1,965 | +51.5% |
| Cash at bank and in hand | 54/58 | €41,938 | €45,225 | +€3,287 | +7.8% |
| Deferred charges and accrued income | 490/1 | €7,178 | €5,862 | -€1,316 | -18.3% |
| Total equity and liabilities | 10/49 | €114,008 | €105,677 | -€8,331 | -7.3% |
| Equity | 10/15 | €28,941 | €34,108 | +€5,167 | +17.9% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Reserves | 13 | - | €34,008 | +€34,008 | |
| Distributable reserves | 133 | - | €34,008 | +€34,008 | |
| Profit (loss) carried forward | 14 | €28,841 | €0 | -€28,841 | -100% |
| Amounts payable | 17/49 | €85,067 | €71,569 | -€13,498 | -15.9% |
| Amounts payable after more than one year | 17 | €30,807 | €20,790 | -€10,017 | -32.5% |
| Financial debts | 170/4 | €30,807 | €20,790 | -€10,017 | -32.5% |
| Amounts payable within one year | 42/48 | €46,855 | €36,636 | -€10,220 | -21.8% |
| Current portion of amounts payable after more than one year | 42 | €9,486 | €10,017 | +€530 | +5.6% |
| Trade debts | 44 | €11,203 | €7,240 | -€3,963 | -35.4% |
| Suppliers | 440/4 | €11,203 | €7,240 | -€3,963 | -35.4% |
| Taxes, remuneration and social security | 45 | €26,166 | €19,379 | -€6,787 | -25.9% |
| Taxes | 450/3 | €26,166 | €19,379 | -€6,787 | -25.9% |
| Accrued charges and deferred income | 492/3 | €7,405 | €14,143 | +€6,738 | +91.0% |
| Non-recurring operating income | 76A | - | €6,400 | +€6,400 | |
| Remuneration, social security and pensions | 62 | €29,270 | €0 | -€29,270 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,230 | €9,163 | +€933 | +11.3% |
| Other operating charges | 640/8 | €3,961 | €9,803 | +€5,843 | +148% |
| Gross operating margin | 9900 | €41,137 | €28,994 | -€12,143 | -29.5% |
| Operating profit (loss) | 9901 | -€324 | €10,027 | +€10,351 | |
| Financial income | 75/76B | €314 | €38 | -€277 | -88.1% |
| Recurring financial income | 75 | €314 | €38 | -€277 | -88.1% |
| Financial charges | 65/66B | €2,612 | €2,877 | +€265 | +10.1% |
| Recurring financial charges | 65 | €2,612 | €2,877 | +€265 | +10.1% |
| Profit (loss) for the period before taxes | 9903 | -€2,622 | €7,188 | +€9,809 | |
| Income taxes | 67/77 | €0 | €2,020 | +€2,020 | |
| Profit (loss) for the period | 9904 | -€2,622 | €5,167 | +€7,789 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,622 | €5,167 | +€7,789 |
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.