FAR BEYOND HEAVEN: what changed
FAR BEYOND HEAVEN
Largest movements
- Receivables within one year -€18,368
down €18,368 (-92.8%), from €19,783 to €1,415
of which Trade receivables: -€17,505
- Tangible fixed assets -€5,982
down €5,982 (-9.2%), from €65,346 to €59,364
- Stocks and contracts -€3,740
down €3,740 (-15.5%), from €24,140 to €20,400
- Cash -€1,519
down €1,519 (-55.0%), from €2,760 to €1,241
mainly Other debts (-€15,675) and Current portion of long-term debt (-€12,022)
- Other debts -€15,675
down €15,675 (-12.0%), from €130,786 to €115,111
- Debts after one year +€15,190
up €15,190 (+790%), from €1,923 to €17,113
- Current portion of long-term debt -€12,022
down €12,022 (-65.3%), from €18,408 to €6,386
- Trade debts -€8,347
down €8,347 (-29.8%), from €27,986 to €19,639
- Profit (loss) carried forward -€8,328
down €8,328 (-9.3%), from -€89,095 to -€97,423
- Depreciation -€7,185
down €7,185 (-28.7%), from €25,070 to €17,885
- Gross operating margin -€5,036
down €5,036 (-27.3%), from €18,427 to €13,391
- Other operating charges -€632
down €632 (-38.6%), from €1,639 to €1,007
- Taxes -€228
down €228 (-87.3%), from €261 to €33
- Financial charges +€185
up €185 (+7.1%), from €2,610 to €2,794
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €112,715 | €83,305 | -€29,410 | -26.1% |
| Fixed assets | 21/28 | €65,346 | €59,364 | -€5,982 | -9.2% |
| Tangible fixed assets | 22/27 | €65,346 | €59,364 | -€5,982 | -9.2% |
| Plant, machinery and equipment | 23 | €65,346 | €59,364 | -€5,982 | -9.2% |
| Current assets | 29/58 | €47,368 | €23,941 | -€23,428 | -49.5% |
| Stocks and contracts in progress | 3 | €24,140 | €20,400 | -€3,740 | -15.5% |
| Stocks | 30/36 | €24,140 | €20,400 | -€3,740 | -15.5% |
| Amounts receivable within one year | 40/41 | €19,783 | €1,415 | -€18,368 | -92.8% |
| Trade receivables | 40 | €17,505 | - | -€17,505 | |
| Other amounts receivable | 41 | €2,278 | €1,415 | -€863 | -37.9% |
| Cash at bank and in hand | 54/58 | €2,760 | €1,241 | -€1,519 | -55.0% |
| Deferred charges and accrued income | 490/1 | €686 | €885 | +€199 | +28.9% |
| Total equity and liabilities | 10/49 | €112,715 | €83,305 | -€29,410 | -26.1% |
| Equity | 10/15 | -€66,911 | -€75,238 | -€8,328 | -12.4% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €3,593 | €3,593 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €1,733 | €1,733 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€89,095 | -€97,423 | -€8,328 | -9.3% |
| Amounts payable | 17/49 | €179,625 | €158,543 | -€21,082 | -11.7% |
| Amounts payable after more than one year | 17 | €1,923 | €17,113 | +€15,190 | +790% |
| Financial debts | 170/4 | €1,923 | €17,113 | +€15,190 | +790% |
| Amounts payable within one year | 42/48 | €177,703 | €141,431 | -€36,272 | -20.4% |
| Current portion of amounts payable after more than one year | 42 | €18,408 | €6,386 | -€12,022 | -65.3% |
| Trade debts | 44 | €27,986 | €19,639 | -€8,347 | -29.8% |
| Suppliers | 440/4 | €27,986 | €19,639 | -€8,347 | -29.8% |
| Taxes, remuneration and social security | 45 | €523 | €294 | -€228 | -43.7% |
| Taxes | 450/3 | €523 | €294 | -€228 | -43.7% |
| Other amounts payable | 47/48 | €130,786 | €115,111 | -€15,675 | -12.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,070 | €17,885 | -€7,185 | -28.7% |
| Other operating charges | 640/8 | €1,639 | €1,007 | -€632 | -38.6% |
| Gross operating margin | 9900 | €18,427 | €13,391 | -€5,036 | -27.3% |
| Operating profit (loss) | 9901 | -€8,282 | -€5,500 | +€2,782 | +33.6% |
| Financial charges | 65/66B | €2,610 | €2,794 | +€185 | +7.1% |
| Recurring financial charges | 65 | €2,610 | €2,794 | +€185 | +7.1% |
| Profit (loss) for the period before taxes | 9903 | -€10,892 | -€8,295 | +€2,597 | +23.8% |
| Income taxes | 67/77 | €261 | €33 | -€228 | -87.3% |
| Profit (loss) for the period | 9904 | -€11,153 | -€8,328 | +€2,825 | +25.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€11,153 | -€8,328 | +€2,825 | +25.3% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.