JORDI BEECKMANS: what changed
JORDI BEECKMANS
Largest movements
- Receivables within one year -€13,995
down €13,995 (-48.5%), from €28,865 to €14,870
of which Trade receivables: -€11,490
- Stocks and contracts +€4,190
up €4,190 (+27.7%), from €15,126 to €19,315
of which Contracts in progress: +€4,190
- Cash +€2,342
up €2,342 (+19.2%), from €12,180 to €14,522
mainly Other debts (+€31,021) and Receivables within one year (+€13,995)
- Other debts +€31,021
up €31,021 (+424%), from €7,314 to €38,335
- Reserves -€27,587
down €27,587 (-85.6%), from €32,227 to €4,640
- Trade debts -€10,869
down €10,869 (-60.7%), from €17,898 to €7,029
- Gross operating margin +€1,642
up €1,642 (+24.7%), from €6,652 to €8,294
- Depreciation +€582
up €582 (+52.6%), from €1,106 to €1,688
- Taxes +€249
up €249 (+26.9%), from €928 to €1,178
- Other operating charges +€227
up €227 (+49.3%), from €460 to €687
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 | €60,368 | €52,932 | -€7,435 | -12.3% |
| Fixed assets | 21/28 | €4,197 | €4,224 | +€27 | +0.7% |
| Tangible fixed assets | 22/27 | €4,197 | €4,224 | +€27 | +0.7% |
| Plant, machinery and equipment | 23 | €1,041 | €2,373 | +€1,332 | +128% |
| Furniture and vehicles | 24 | €3,156 | €1,851 | -€1,305 | -41.4% |
| Current assets | 29/58 | €56,171 | €48,708 | -€7,463 | -13.3% |
| Stocks and contracts in progress | 3 | €15,126 | €19,315 | +€4,190 | +27.7% |
| Stocks | 30/36 | €15,126 | €15,126 | = | 0.0% |
| Contracts in progress | 37 | - | €4,190 | +€4,190 | |
| Amounts receivable within one year | 40/41 | €28,865 | €14,870 | -€13,995 | -48.5% |
| Trade receivables | 40 | €15,872 | €4,381 | -€11,490 | -72.4% |
| Other amounts receivable | 41 | €12,993 | €10,489 | -€2,505 | -19.3% |
| Cash at bank and in hand | 54/58 | €12,180 | €14,522 | +€2,342 | +19.2% |
| Total equity and liabilities | 10/49 | €60,368 | €52,932 | -€7,435 | -12.3% |
| Equity | 10/15 | €34,227 | €6,640 | -€27,587 | -80.6% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €32,227 | €4,640 | -€27,587 | -85.6% |
| Distributable reserves | 133 | €32,227 | €4,640 | -€27,587 | -85.6% |
| Amounts payable | 17/49 | €26,141 | €46,293 | +€20,152 | +77.1% |
| Amounts payable within one year | 42/48 | €26,141 | €46,293 | +€20,152 | +77.1% |
| Trade debts | 44 | €17,898 | €7,029 | -€10,869 | -60.7% |
| Suppliers | 440/4 | €17,898 | €7,029 | -€10,869 | -60.7% |
| Taxes, remuneration and social security | 45 | €928 | €928 | = | 0.0% |
| Taxes | 450/3 | €928 | €928 | = | 0.0% |
| Other amounts payable | 47/48 | €7,314 | €38,335 | +€31,021 | +424% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,106 | €1,688 | +€582 | +52.6% |
| Other operating charges | 640/8 | €460 | €687 | +€227 | +49.3% |
| Gross operating margin | 9900 | €6,652 | €8,294 | +€1,642 | +24.7% |
| Operating profit (loss) | 9901 | €5,086 | €5,919 | +€834 | +16.4% |
| Financial income | 75/76B | - | €13 | +€13 | |
| Recurring financial income | 75 | - | €13 | +€13 | |
| Financial charges | 65/66B | €166 | €115 | -€51 | -30.6% |
| Recurring financial charges | 65 | €166 | €115 | -€51 | -30.6% |
| Profit (loss) for the period before taxes | 9903 | €4,920 | €5,818 | +€898 | +18.2% |
| Income taxes | 67/77 | €928 | €1,178 | +€249 | +26.9% |
| Profit (loss) for the period | 9904 | €3,992 | €4,640 | +€648 | +16.2% |
| Profit (loss) for the period to be appropriated | 9905 | €3,992 | €4,640 | +€648 | +16.2% |
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 3 November 2026 via checked.be.