HetBeest: 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.
HetBeest
Largest movements
- Receivables within one year -€25,300
down €25,300 (-41.8%), from €60,586 to €35,286
of which Trade receivables: -€33,595
- Tangible fixed assets +€6,999
up €6,999 (+85.1%), from €8,229 to €15,228
of which Furniture and vehicles: +€6,023
- Cash -€5,534
down €5,534 (-11.0%), from €50,175 to €44,641
mainly Other debts (-€43,612) and Investment in fixed assets (net) (-€10,844)
- Deferred charges and accrued income +€2,550
new in 2025: €2,550
- Other debts -€43,612
no longer reported in 2025 (was €43,612)
- Profit (loss) carried forward +€26,732
up €26,732 (+44.9%), from €59,542 to €86,273
- Tax, wage and social debts -€6,727
down €6,727 (-68.1%), from €9,876 to €3,150
- Trade debts +€1,573
up €1,573 (+107.8%), from €1,460 to €3,032
- Gross operating margin -€10,115
down €10,115 (-18.6%), from €54,438 to €44,323
- Taxes -€2,696
down €2,696 (-18.9%), from €14,244 to €11,547
- Depreciation +€1,859
up €1,859 (+93.6%), from €1,986 to €3,845
- Other operating charges +€1,213
up €1,213 (+135.1%), from €898 to €2,111
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 | €118,989 | €97,705 | -€21,284 | -17.9% |
| Fixed assets | 21/28 | €8,229 | €15,228 | +€6,999 | +85.1% |
| Tangible fixed assets | 22/27 | €8,229 | €15,228 | +€6,999 | +85.1% |
| Plant, machinery and equipment | 23 | €4,164 | €5,139 | +€976 | +23.4% |
| Furniture and vehicles | 24 | €4,065 | €10,089 | +€6,023 | +148.2% |
| Current assets | 29/58 | €110,761 | €82,477 | -€28,284 | -25.5% |
| Amounts receivable within one year | 40/41 | €60,586 | €35,286 | -€25,300 | -41.8% |
| Trade receivables | 40 | €37,639 | €4,044 | -€33,595 | -89.3% |
| Other amounts receivable | 41 | €22,947 | €31,242 | +€8,295 | +36.2% |
| Cash at bank and in hand | 54/58 | €50,175 | €44,641 | -€5,534 | -11.0% |
| Deferred charges and accrued income | 490/1 | - | €2,550 | +€2,550 | |
| Total equity and liabilities | 10/49 | €118,989 | €97,705 | -€21,284 | -17.9% |
| Equity | 10/15 | €64,042 | €90,773 | +€26,732 | +41.7% |
| Contributions | 10/11 | €4,500 | €4,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €59,542 | €86,273 | +€26,732 | +44.9% |
| Amounts payable | 17/49 | €54,948 | €6,932 | -€48,016 | -87.4% |
| Amounts payable within one year | 42/48 | €54,948 | €6,182 | -€48,766 | -88.7% |
| Trade debts | 44 | €1,460 | €3,032 | +€1,573 | +107.8% |
| Suppliers | 440/4 | €1,460 | €3,032 | +€1,573 | +107.8% |
| Taxes, remuneration and social security | 45 | €9,876 | €3,150 | -€6,727 | -68.1% |
| Taxes | 450/3 | €9,876 | €3,150 | -€6,727 | -68.1% |
| Other amounts payable | 47/48 | €43,612 | - | -€43,612 | |
| Accrued charges and deferred income | 492/3 | - | €750 | +€750 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,986 | €3,845 | +€1,859 | +93.6% |
| Other operating charges | 640/8 | €898 | €2,111 | +€1,213 | +135.1% |
| Gross operating margin | 9900 | €54,438 | €44,323 | -€10,115 | -18.6% |
| Operating profit (loss) | 9901 | €51,554 | €38,367 | -€13,187 | -25.6% |
| Financial income | 75/76B | - | €63 | +€63 | |
| Recurring financial income | 75 | - | €63 | +€63 | |
| Financial charges | 65/66B | €53 | €151 | +€97 | +181.8% |
| Recurring financial charges | 65 | €53 | €151 | +€97 | +181.8% |
| Profit (loss) for the period before taxes | 9903 | €51,501 | €38,279 | -€13,222 | -25.7% |
| Income taxes | 67/77 | €14,244 | €11,547 | -€2,696 | -18.9% |
| Profit (loss) for the period | 9904 | €37,257 | €26,732 | -€10,526 | -28.3% |
| Profit (loss) for the period to be appropriated | 9905 | €37,257 | €26,732 | -€10,526 | -28.3% |
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 30 September 2026 via checked.be.