Dr. D. BEYERS: 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.
Dr. D. BEYERS
Largest movements
- Cash +€27,507
up €27,507 (+29.5%), from €93,234 to €120,742
mainly Other debts (+€23,688) and Net result for the year (+€18,255)
- Receivables within one year +€19,597
up €19,597 (+210%), from €9,337 to €28,934
of which Trade receivables: +€20,343
- Other debts +€23,688
up €23,688 (+47.4%), from €49,979 to €73,667
- Profit (loss) carried forward +€18,255
up €18,255 (+49.5%), from €36,889 to €55,144
- Tax, wage and social debts +€5,285
up €5,285 (+510%), from €1,037 to €6,322
- Gross operating margin +€13,906
up €13,906 (+136%), from €10,238 to €24,144
- Other operating charges -€5,395
down €5,395 (-92.8%), from €5,815 to €420
- Taxes +€4,249
up €4,249 (+410%), from €1,037 to €5,285
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 | €102,704 | €149,676 | +€46,971 | +45.7% |
| Current assets | 29/58 | €102,704 | €149,676 | +€46,971 | +45.7% |
| Amounts receivable within one year | 40/41 | €9,337 | €28,934 | +€19,597 | +210% |
| Trade receivables | 40 | €8,043 | €28,386 | +€20,343 | +253% |
| Other amounts receivable | 41 | €1,294 | €548 | -€746 | -57.6% |
| Cash at bank and in hand | 54/58 | €93,234 | €120,742 | +€27,507 | +29.5% |
| Deferred charges and accrued income | 490/1 | €133 | - | -€133 | |
| Total equity and liabilities | 10/49 | €102,704 | €149,676 | +€46,971 | +45.7% |
| Equity | 10/15 | €51,144 | €69,399 | +€18,255 | +35.7% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,855 | €1,855 | = | 0.0% |
| Distributable reserves | 133 | €1,855 | €1,855 | = | 0.0% |
| Profit (loss) carried forward | 14 | €36,889 | €55,144 | +€18,255 | +49.5% |
| Amounts payable | 17/49 | €51,560 | €80,276 | +€28,716 | +55.7% |
| Amounts payable within one year | 42/48 | €51,560 | €80,276 | +€28,716 | +55.7% |
| Trade debts | 44 | €544 | €287 | -€257 | -47.3% |
| Suppliers | 440/4 | €544 | €287 | -€257 | -47.3% |
| Taxes, remuneration and social security | 45 | €1,037 | €6,322 | +€5,285 | +510% |
| Taxes | 450/3 | €1,037 | €6,322 | +€5,285 | +510% |
| Other amounts payable | 47/48 | €49,979 | €73,667 | +€23,688 | +47.4% |
| Other operating charges | 640/8 | €5,815 | €420 | -€5,395 | -92.8% |
| Gross operating margin | 9900 | €10,238 | €24,144 | +€13,906 | +136% |
| Operating profit (loss) | 9901 | €4,423 | €23,724 | +€19,301 | +436% |
| Financial charges | 65/66B | €203 | €183 | -€20 | -9.6% |
| Recurring financial charges | 65 | €203 | €183 | -€20 | -9.6% |
| Profit (loss) for the period before taxes | 9903 | €4,220 | €23,541 | +€19,321 | +458% |
| Income taxes | 67/77 | €1,037 | €5,285 | +€4,249 | +410% |
| Profit (loss) for the period | 9904 | €3,183 | €18,255 | +€15,072 | +473% |
| Profit (loss) for the period to be appropriated | 9905 | €3,183 | €18,255 | +€15,072 | +473% |
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.