Klaas Beyens: 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.
Klaas Beyens
Largest movements
- Receivables within one year +€6,956
up €6,956 (+266%), from €2,617 to €9,573
of which Trade receivables: +€7,031
- Cash -€5,389
down €5,389 (-34.9%), from €15,422 to €10,033
mainly Receivables within one year (-€6,956) and Investment in fixed assets (net) (-€2,779)
- Reserves +€2,149
up €2,149 (+14.2%), from €15,121 to €17,270
- Debts after one year -€1,670
down €1,670 (-100%), from €1,670 to €0
- Tax, wage and social debts +€835
up €835 (+78.0%), from €1,070 to €1,906
- Accrued charges and deferred income +€317
new in 2025: €317
- Gross operating margin -€2,299
down €2,299 (-21.7%), from €10,579 to €8,280
- Taxes -€628
down €628 (-31.1%), from €2,017 to €1,389
- Depreciation +€370
up €370 (+16.9%), from €2,188 to €2,558
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 | €24,438 | €26,307 | +€1,869 | +7.6% |
| Fixed assets | 21/28 | €6,292 | €6,513 | +€221 | +3.5% |
| Tangible fixed assets | 22/27 | €6,292 | €6,513 | +€221 | +3.5% |
| Plant, machinery and equipment | 23 | €1,233 | €2,196 | +€963 | +78.1% |
| Furniture and vehicles | 24 | €5,059 | €4,317 | -€742 | -14.7% |
| Current assets | 29/58 | €18,145 | €19,793 | +€1,648 | +9.1% |
| Amounts receivable within one year | 40/41 | €2,617 | €9,573 | +€6,956 | +266% |
| Trade receivables | 40 | €790 | €7,821 | +€7,031 | +891% |
| Other amounts receivable | 41 | €1,828 | €1,753 | -€75 | -4.1% |
| Cash at bank and in hand | 54/58 | €15,422 | €10,033 | -€5,389 | -34.9% |
| Deferred charges and accrued income | 490/1 | €107 | €187 | +€81 | +75.6% |
| Total equity and liabilities | 10/49 | €24,438 | €26,307 | +€1,869 | +7.6% |
| Equity | 10/15 | €17,121 | €19,270 | +€2,149 | +12.5% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €15,121 | €17,270 | +€2,149 | +14.2% |
| Distributable reserves | 133 | €15,121 | €17,270 | +€2,149 | +14.2% |
| Amounts payable | 17/49 | €7,316 | €7,037 | -€280 | -3.8% |
| Amounts payable after more than one year | 17 | €1,670 | €0 | -€1,670 | -100% |
| Financial debts | 170/4 | €1,670 | €0 | -€1,670 | -100% |
| Amounts payable within one year | 42/48 | €5,646 | €6,719 | +€1,074 | +19.0% |
| Current portion of amounts payable after more than one year | 42 | €1,610 | €1,670 | +€60 | +3.7% |
| Trade debts | 44 | €2,965 | €3,143 | +€178 | +6.0% |
| Suppliers | 440/4 | €2,965 | €3,143 | +€178 | +6.0% |
| Taxes, remuneration and social security | 45 | €1,070 | €1,906 | +€835 | +78.0% |
| Taxes | 450/3 | €1,070 | €1,906 | +€835 | +78.0% |
| Accrued charges and deferred income | 492/3 | - | €317 | +€317 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,188 | €2,558 | +€370 | +16.9% |
| Other operating charges | 640/8 | €950 | €964 | +€14 | +1.4% |
| Gross operating margin | 9900 | €10,579 | €8,280 | -€2,299 | -21.7% |
| Operating profit (loss) | 9901 | €7,441 | €4,758 | -€2,683 | -36.1% |
| Financial income | 75/76B | €1 | €7 | +€6 | +576% |
| Recurring financial income | 75 | €1 | €7 | +€6 | +576% |
| Financial charges | 65/66B | €1,306 | €1,228 | -€78 | -6.0% |
| Recurring financial charges | 65 | €1,306 | €1,228 | -€78 | -6.0% |
| Profit (loss) for the period before taxes | 9903 | €6,137 | €3,537 | -€2,599 | -42.4% |
| Income taxes | 67/77 | €2,017 | €1,389 | -€628 | -31.1% |
| Profit (loss) for the period | 9904 | €4,120 | €2,149 | -€1,971 | -47.8% |
| Profit (loss) for the period to be appropriated | 9905 | €4,120 | €2,149 | -€1,971 | -47.8% |
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 27 October 2026 via checked.be.