Dirk Beunen: 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.
Dirk Beunen
Largest movements
- Receivables within one year -€2,586
down €2,586 (-83.8%), from €3,086 to €500
of which Trade receivables: -€2,720
- Deferred charges and accrued income +€898
new in 2025: €898
- Cash +€552
up €552 (+1.6%), from €35,283 to €35,835
mainly Receivables within one year (+€2,586) and Tax, wage and social debts (+€888)
- Trade debts -€2,293
no longer reported in 2025 (was €2,293)
- Tax, wage and social debts +€888
new in 2025: €888
- Depreciation -€50,825
no longer reported in 2025 (was €50,825)
- Gross operating margin -€46,380
down €46,380 (-55.1%), from €84,137 to €37,757
- Taxes +€22,791
up €22,791 (+169.0%), from €13,488 to €36,279
- Other operating charges -€2,114
down €2,114 (-64.4%), from €3,281 to €1,167
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.
Cash bridge derived
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 | €38,369 | €37,233 | -€1,136 | -3.0% |
| Current assets | 29/58 | €38,369 | €37,233 | -€1,136 | -3.0% |
| Amounts receivable within one year | 40/41 | €3,086 | €500 | -€2,586 | -83.8% |
| Trade receivables | 40 | €2,720 | - | -€2,720 | |
| Other amounts receivable | 41 | €366 | €500 | +€134 | +36.6% |
| Cash at bank and in hand | 54/58 | €35,283 | €35,835 | +€552 | +1.6% |
| Deferred charges and accrued income | 490/1 | - | €898 | +€898 | |
| Total equity and liabilities | 10/49 | €38,369 | €37,233 | -€1,136 | -3.0% |
| Equity | 10/15 | €36,076 | €36,345 | +€269 | +0.7% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €21,816 | €22,085 | +€269 | +1.2% |
| Amounts payable | 17/49 | €2,293 | €888 | -€1,405 | -61.3% |
| Amounts payable within one year | 42/48 | €2,293 | €888 | -€1,405 | -61.3% |
| Trade debts | 44 | €2,293 | - | -€2,293 | |
| Suppliers | 440/4 | €2,293 | - | -€2,293 | |
| Taxes, remuneration and social security | 45 | - | €888 | +€888 | |
| Taxes | 450/3 | - | €888 | +€888 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €50,825 | - | -€50,825 | |
| Other operating charges | 640/8 | €3,281 | €1,167 | -€2,114 | -64.4% |
| Gross operating margin | 9900 | €84,137 | €37,757 | -€46,380 | -55.1% |
| Operating profit (loss) | 9901 | €30,031 | €36,590 | +€6,559 | +21.8% |
| Financial charges | 65/66B | €35 | €42 | +€7 | +20.0% |
| Recurring financial charges | 65 | €35 | €42 | +€7 | +20.0% |
| Profit (loss) for the period before taxes | 9903 | €29,996 | €36,548 | +€6,552 | +21.8% |
| Income taxes | 67/77 | €13,488 | €36,279 | +€22,791 | +169.0% |
| Profit (loss) for the period | 9904 | €16,508 | €269 | -€16,239 | -98.4% |
| Profit (loss) for the period to be appropriated | 9905 | €16,508 | €269 | -€16,239 | -98.4% |
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 11 October 2026 via checked.be.