J. BEUSINNE: 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.
J. BEUSINNE
Largest movements
- Cash +€42,019
up €42,019 (+48.9%), from €85,957 to €127,976
mainly Net result for the year (+€34,850) and Depreciation (+€14,305)
- Tangible fixed assets -€10,734
down €10,734 (-48.7%), from €22,031 to €11,297
of which Furniture and vehicles: -€12,621
- Reserves +€21,460
up €21,460 (+23.4%), from €91,590 to €113,050
- Profit (loss) carried forward +€13,389
up €13,389, from -€13,389 to €0
- Current portion of long-term debt -€6,796
down €6,796 (-100%), from €6,796 to €0
- Tax, wage and social debts +€6,446
up €6,446 (+91.4%), from €7,050 to €13,496
of which Taxes: +€6,446
- Trade debts -€2,100
down €2,100 (-65.4%), from €3,210 to €1,111
- Gross operating margin +€29,093
up €29,093 (+98.6%), from €29,515 to €58,609
- Purchases and services +€11,492
up €11,492 (+10.7%), from €107,410 to €118,902
- Taxes +€8,452
up €8,452 (+5,488%), from €154 to €8,606
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 | €111,460 | €143,007 | +€31,547 | +28.3% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €22,031 | €11,297 | -€10,734 | -48.7% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €22,031 | €11,297 | -€10,734 | -48.7% |
| Land and buildings | 22 | €0 | €2,071 | +€2,071 | |
| Plant, machinery and equipment | 23 | €642 | €457 | -€185 | -28.8% |
| Furniture and vehicles | 24 | €21,390 | €8,769 | -€12,621 | -59.0% |
| Current assets | 29/58 | €89,429 | €131,710 | +€42,282 | +47.3% |
| Amounts receivable within one year | 40/41 | €2,000 | €2,200 | +€200 | +10.0% |
| Other amounts receivable | 41 | €2,000 | €2,200 | +€200 | +10.0% |
| Cash at bank and in hand | 54/58 | €85,957 | €127,976 | +€42,019 | +48.9% |
| Deferred charges and accrued income | 490/1 | €1,472 | €1,535 | +€62 | +4.2% |
| Total equity and liabilities | 10/49 | €111,460 | €143,007 | +€31,547 | +28.3% |
| Equity | 10/15 | €92,460 | €127,310 | +€34,850 | +37.7% |
| Contributions | 10/11 | €14,260 | €14,260 | = | 0.0% |
| Reserves | 13 | €91,590 | €113,050 | +€21,460 | +23.4% |
| Distributable reserves | 133 | €91,590 | €113,050 | +€21,460 | +23.4% |
| Profit (loss) carried forward | 14 | -€13,389 | €0 | +€13,389 | |
| Amounts payable | 17/49 | €19,000 | €15,697 | -€3,303 | -17.4% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €19,000 | €15,697 | -€3,303 | -17.4% |
| Current portion of amounts payable after more than one year | 42 | €6,796 | €0 | -€6,796 | -100% |
| Financial debts | 43 | €189 | €366 | +€177 | +93.8% |
| Credit institutions | 430/8 | €189 | €366 | +€177 | +93.8% |
| Trade debts | 44 | €3,210 | €1,111 | -€2,100 | -65.4% |
| Suppliers | 440/4 | €3,210 | €1,111 | -€2,100 | -65.4% |
| Taxes, remuneration and social security | 45 | €7,050 | €13,496 | +€6,446 | +91.4% |
| Taxes | 450/3 | €7,050 | €13,496 | +€6,446 | +91.4% |
| Remuneration and social security | 454/9 | €0 | €0 | = | |
| Other amounts payable | 47/48 | €1,755 | €725 | -€1,030 | -58.7% |
| Goods, raw materials, services and sundry goods | 60/61 | €107,410 | €118,902 | +€11,492 | +10.7% |
| Remuneration, social security and pensions | 62 | - | €0 | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,819 | €14,305 | -€515 | -3.5% |
| Other operating charges | 640/8 | €409 | €525 | +€115 | +28.2% |
| Gross operating margin | 9900 | €29,515 | €58,609 | +€29,093 | +98.6% |
| Operating profit (loss) | 9901 | €14,287 | €43,779 | +€29,493 | +206% |
| Financial income | 75/76B | €0 | €0 | = | 0.0% |
| Recurring financial income | 75 | €0 | €0 | = | 0.0% |
| Financial charges | 65/66B | €263 | €323 | +€61 | +23.0% |
| Recurring financial charges | 65 | €263 | €323 | +€61 | +23.0% |
| Profit (loss) for the period before taxes | 9903 | €14,024 | €43,456 | +€29,432 | +210% |
| Income taxes | 67/77 | €154 | €8,606 | +€8,452 | +5,488% |
| Profit (loss) for the period | 9904 | €13,870 | €34,850 | +€20,980 | +151% |
| Profit (loss) for the period to be appropriated | 9905 | €13,870 | €34,850 | +€20,980 | +151% |
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 16 October 2026 via checked.be.