LORENZ 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.
LORENZ BEYENS
Largest movements
- Cash +€24,317
up €24,317 (+110%), from €22,144 to €46,462
mainly Depreciation (+€16,992) and Receivables within one year (+€15,837)
- Tangible fixed assets -€16,992
down €16,992 (-29.4%), from €57,841 to €40,849
of which Furniture and vehicles: -€15,824
- Receivables within one year -€15,837
down €15,837 (-18.7%), from €84,463 to €68,627
of which Other amounts receivable: -€13,870
- Stocks and contracts -€2,520
down €2,520 (-23.2%), from €10,880 to €8,360
- Debts after one year -€14,639
down €14,639 (-45.1%), from €32,440 to €17,801
- Reserves +€2,857
up €2,857 (+2.7%), from €106,411 to €109,269
of which Distributable reserves: +€2,857
- Gross operating margin -€6,204
down €6,204 (-13.8%), from €44,980 to €38,776
- Depreciation +€1,421
up €1,421 (+9.1%), from €15,571 to €16,992
- Financial charges -€1,058
down €1,058 (-39.8%), from €2,662 to €1,604
- Taxes -€887
down €887 (-17.0%), from €5,212 to €4,325
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 | €175,638 | €164,868 | -€10,770 | -6.1% |
| Fixed assets | 21/28 | €57,841 | €40,849 | -€16,992 | -29.4% |
| Tangible fixed assets | 22/27 | €57,841 | €40,849 | -€16,992 | -29.4% |
| Plant, machinery and equipment | 23 | €5,503 | €4,336 | -€1,168 | -21.2% |
| Furniture and vehicles | 24 | €52,338 | €36,514 | -€15,824 | -30.2% |
| Current assets | 29/58 | €117,797 | €124,019 | +€6,222 | +5.3% |
| Stocks and contracts in progress | 3 | €10,880 | €8,360 | -€2,520 | -23.2% |
| Stocks | 30/36 | €10,880 | €8,360 | -€2,520 | -23.2% |
| Amounts receivable within one year | 40/41 | €84,463 | €68,627 | -€15,837 | -18.7% |
| Trade receivables | 40 | €11,654 | €9,687 | -€1,966 | -16.9% |
| Other amounts receivable | 41 | €72,810 | €58,939 | -€13,870 | -19.1% |
| Cash at bank and in hand | 54/58 | €22,144 | €46,462 | +€24,317 | +110% |
| Deferred charges and accrued income | 490/1 | €309 | €570 | +€261 | +84.4% |
| Total equity and liabilities | 10/49 | €175,638 | €164,868 | -€10,770 | -6.1% |
| Equity | 10/15 | €125,011 | €127,869 | +€2,857 | +2.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €106,411 | €109,269 | +€2,857 | +2.7% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €104,551 | €107,409 | +€2,857 | +2.7% |
| Amounts payable | 17/49 | €50,626 | €36,999 | -€13,627 | -26.9% |
| Amounts payable after more than one year | 17 | €32,440 | €17,801 | -€14,639 | -45.1% |
| Financial debts | 170/4 | €32,440 | €17,801 | -€14,639 | -45.1% |
| Amounts payable within one year | 42/48 | €17,507 | €18,332 | +€824 | +4.7% |
| Current portion of amounts payable after more than one year | 42 | €14,089 | €14,639 | +€549 | +3.9% |
| Trade debts | 44 | €2,538 | €1,928 | -€610 | -24.0% |
| Suppliers | 440/4 | €2,538 | €1,928 | -€610 | -24.0% |
| Taxes, remuneration and social security | 45 | €880 | €1,765 | +€885 | +101% |
| Taxes | 450/3 | €880 | €1,765 | +€885 | +101% |
| Accrued charges and deferred income | 492/3 | €679 | €866 | +€187 | +27.5% |
| Non-recurring operating income | 76A | - | €503 | +€503 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,571 | €16,992 | +€1,421 | +9.1% |
| Other operating charges | 640/8 | €888 | €1,234 | +€346 | +39.0% |
| Gross operating margin | 9900 | €44,980 | €38,776 | -€6,204 | -13.8% |
| Operating profit (loss) | 9901 | €28,522 | €20,551 | -€7,971 | -27.9% |
| Financial income | 75/76B | €0 | €0 | +€0 | +1,000% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +1,000% |
| Financial charges | 65/66B | €2,662 | €1,604 | -€1,058 | -39.8% |
| Recurring financial charges | 65 | €2,662 | €1,604 | -€1,058 | -39.8% |
| Profit (loss) for the period before taxes | 9903 | €25,860 | €18,947 | -€6,913 | -26.7% |
| Income taxes | 67/77 | €5,212 | €4,325 | -€887 | -17.0% |
| Profit (loss) for the period | 9904 | €20,648 | €14,622 | -€6,026 | -29.2% |
| Profit (loss) for the period to be appropriated | 9905 | €20,648 | €14,622 | -€6,026 | -29.2% |
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.