FIJNE BEELDWAREN: what changed
Two fiscal 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.
FIJNE BEELDWAREN
Largest movements
- Tangible fixed assets +€120,125
up €120,125 (+353.8%), from €33,955 to €154,080
of which Other tangible fixed assets: +€126,387
- Cash -€12,048
down €12,048 (-11.3%), from €106,163 to €94,115
mainly Investment in fixed assets (net) (-€130,186) and Tax, wage and social debts (-€2,813)
- Receivables within one year -€5,125
no longer reported in 2025 (was €5,125)
- Other debts +€101,418
up €101,418 (+229.2%), from €44,258 to €145,676
- Trade debts +€3,150
up €3,150 (+339.8%), from €927 to €4,077
- Tax, wage and social debts -€2,813
down €2,813 (-26.3%), from €10,701 to €7,888
- Turnover +€28,323
up €28,323 (+47.2%), from €60,017 to €88,340
- Other operating charges +€20,647
up €20,647 (+2018.3%), from €1,023 to €21,670
- Purchases and services +€16,702
up €16,702 (+44.6%), from €37,436 to €54,138
- Gross operating margin +€11,621
up €11,621 (+51.5%), from €22,581 to €34,202
- Taxes -€3,660
down €3,660 (-77.1%), from €4,745 to €1,085
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 | €147,793 | €250,745 | +€102,952 | +69.7% |
| Fixed assets | 21/28 | €34,005 | €154,130 | +€120,125 | +353.3% |
| Tangible fixed assets | 22/27 | €33,955 | €154,080 | +€120,125 | +353.8% |
| Plant, machinery and equipment | 23 | €1,999 | €3,645 | +€1,646 | +82.3% |
| Furniture and vehicles | 24 | €31,956 | €24,048 | -€7,908 | -24.7% |
| Other tangible fixed assets | 26 | - | €126,387 | +€126,387 | |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €113,788 | €96,615 | -€17,173 | -15.1% |
| Stocks and contracts in progress | 3 | €2,500 | €2,500 | = | 0.0% |
| Stocks | 30/36 | €2,500 | €2,500 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €5,125 | - | -€5,125 | |
| Trade receivables | 40 | €5,125 | - | -€5,125 | |
| Cash at bank and in hand | 54/58 | €106,163 | €94,115 | -€12,048 | -11.3% |
| Total equity and liabilities | 10/49 | €147,793 | €250,745 | +€102,952 | +69.7% |
| Equity | 10/15 | €87,537 | €88,734 | +€1,197 | +1.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €85,964 | €87,161 | +€1,197 | +1.4% |
| 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 | €84,105 | €85,302 | +€1,197 | +1.4% |
| Profit (loss) carried forward | 14 | -€4,627 | -€4,627 | = | 0.0% |
| Amounts payable | 17/49 | €60,256 | €162,011 | +€101,755 | +168.9% |
| Amounts payable within one year | 42/48 | €58,736 | €160,491 | +€101,755 | +173.2% |
| Trade debts | 44 | €927 | €4,077 | +€3,150 | +339.8% |
| Suppliers | 440/4 | €927 | €4,077 | +€3,150 | +339.8% |
| Advances received on contracts in progress | 46 | €2,850 | €2,850 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €10,701 | €7,888 | -€2,813 | -26.3% |
| Taxes | 450/3 | €10,701 | €7,888 | -€2,813 | -26.3% |
| Other amounts payable | 47/48 | €44,258 | €145,676 | +€101,418 | +229.2% |
| Accrued charges and deferred income | 492/3 | €1,520 | €1,520 | = | 0.0% |
| Turnover | 70 | €60,017 | €88,340 | +€28,323 | +47.2% |
| Goods, raw materials, services and sundry goods | 60/61 | €37,436 | €54,138 | +€16,702 | +44.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,936 | €10,061 | +€2,125 | +26.8% |
| Other operating charges | 640/8 | €1,023 | €21,670 | +€20,647 | +2018.3% |
| Gross operating margin | 9900 | €22,581 | €34,202 | +€11,621 | +51.5% |
| Operating profit (loss) | 9901 | €13,622 | €2,471 | -€11,151 | -81.9% |
| Financial income | 75/76B | €214 | €30 | -€184 | -86.0% |
| Recurring financial income | 75 | €214 | €30 | -€184 | -86.0% |
| Financial charges | 65/66B | €180 | €219 | +€39 | +21.7% |
| Recurring financial charges | 65 | €180 | €219 | +€39 | +21.7% |
| Profit (loss) for the period before taxes | 9903 | €13,656 | €2,282 | -€11,374 | -83.3% |
| Income taxes | 67/77 | €4,745 | €1,085 | -€3,660 | -77.1% |
| Profit (loss) for the period | 9904 | €8,911 | €1,197 | -€7,714 | -86.6% |
| Profit (loss) for the period to be appropriated | 9905 | €8,911 | €1,197 | -€7,714 | -86.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.