Dr. J.E. Beenakker: 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. J.E. Beenakker
Largest movements
- Current investments +€20,956
up €20,956 (+171%), from €12,250 to €33,206
- Tangible fixed assets -€18,575
down €18,575 (-28.8%), from €64,514 to €45,939
of which Furniture and vehicles: -€19,119
- Cash +€14,519
up €14,519 (+17.3%), from €84,051 to €98,569
mainly Net result for the year (+€44,343) and Depreciation (+€19,490)
- Receivables within one year +€9,969
up €9,969 (+248%), from €4,013 to €13,982
- Deferred charges and accrued income -€7,046
down €7,046 (-42.4%), from €16,606 to €9,560
- Reserves +€44,343
up €44,343 (+44.3%), from €100,166 to €144,509
- Debts after one year -€25,010
down €25,010 (-65.9%), from €37,927 to €12,917
- Trade debts +€2,131
up €2,131 (+114%), from €1,875 to €4,006
- Tax, wage and social debts -€2,119
down €2,119 (-15.2%), from €13,933 to €11,814
- Gross operating margin -€11,244
down €11,244 (-12.7%), from €88,806 to €77,563
- Taxes -€1,850
down €1,850 (-13.5%), from €13,708 to €11,858
- Financial charges -€985
down €985 (-30.2%), from €3,267 to €2,282
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 | €181,434 | €201,255 | +€19,821 | +10.9% |
| Fixed assets | 21/28 | €64,514 | €45,939 | -€18,575 | -28.8% |
| Tangible fixed assets | 22/27 | €64,514 | €45,939 | -€18,575 | -28.8% |
| Plant, machinery and equipment | 23 | €975 | €1,519 | +€544 | +55.8% |
| Furniture and vehicles | 24 | €63,539 | €44,419 | -€19,119 | -30.1% |
| Current assets | 29/58 | €116,920 | €155,317 | +€38,397 | +32.8% |
| Amounts receivable within one year | 40/41 | €4,013 | €13,982 | +€9,969 | +248% |
| Other amounts receivable | 41 | €4,013 | €13,982 | +€9,969 | +248% |
| Current investments | 50/53 | €12,250 | €33,206 | +€20,956 | +171% |
| Cash at bank and in hand | 54/58 | €84,051 | €98,569 | +€14,519 | +17.3% |
| Deferred charges and accrued income | 490/1 | €16,606 | €9,560 | -€7,046 | -42.4% |
| Total equity and liabilities | 10/49 | €181,434 | €201,255 | +€19,821 | +10.9% |
| Equity | 10/15 | €103,166 | €147,509 | +€44,343 | +43.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €100,166 | €144,509 | +€44,343 | +44.3% |
| Distributable reserves | 133 | €100,166 | €144,509 | +€44,343 | +44.3% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €78,268 | €53,746 | -€24,521 | -31.3% |
| Amounts payable after more than one year | 17 | €37,927 | €12,917 | -€25,010 | -65.9% |
| Financial debts | 170/4 | €37,927 | €12,917 | -€25,010 | -65.9% |
| Amounts payable within one year | 42/48 | €40,341 | €40,830 | +€488 | +1.2% |
| Current portion of amounts payable after more than one year | 42 | €23,950 | €25,010 | +€1,060 | +4.4% |
| Trade debts | 44 | €1,875 | €4,006 | +€2,131 | +114% |
| Suppliers | 440/4 | €1,875 | €4,006 | +€2,131 | +114% |
| Taxes, remuneration and social security | 45 | €13,933 | €11,814 | -€2,119 | -15.2% |
| Taxes | 450/3 | €13,933 | €11,814 | -€2,119 | -15.2% |
| Other amounts payable | 47/48 | €583 | €0 | -€583 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,393 | €19,490 | +€97 | +0.5% |
| Other operating charges | 640/8 | €141 | €144 | +€4 | +2.6% |
| Gross operating margin | 9900 | €88,806 | €77,563 | -€11,244 | -12.7% |
| Operating profit (loss) | 9901 | €69,273 | €57,928 | -€11,345 | -16.4% |
| Financial income | 75/76B | - | €555 | +€555 | |
| Recurring financial income | 75 | - | €555 | +€555 | |
| Financial charges | 65/66B | €3,267 | €2,282 | -€985 | -30.2% |
| Recurring financial charges | 65 | €3,267 | €2,282 | -€985 | -30.2% |
| Profit (loss) for the period before taxes | 9903 | €66,005 | €56,201 | -€9,805 | -14.9% |
| Income taxes | 67/77 | €13,708 | €11,858 | -€1,850 | -13.5% |
| Profit (loss) for the period | 9904 | €52,297 | €44,343 | -€7,954 | -15.2% |
| Profit (loss) for the period to be appropriated | 9905 | €52,297 | €44,343 | -€7,954 | -15.2% |
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.