Mireille BEYERS: 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.
Mireille BEYERS
Largest movements
- Cash +€29,919
up €29,919 (+24.4%), from €122,802 to €152,720
mainly Current investments (+€28,197) and Net result for the year (+€11,240)
- Current investments -€28,197
down €28,197 (-20.2%), from €139,475 to €111,279
- Deferred charges and accrued income +€6,148
up €6,148 (+97.2%), from €6,324 to €12,472
- Reserves +€11,240
up €11,240 (+12.1%), from €92,599 to €103,838
- Gross operating margin +€27,880
up €27,880, from -€15,368 to €12,512
- Financial charges +€3,638
up €3,638 (+4,996%), from €73 to €3,711
- Taxes +€1,150
up €1,150 (+915%), from €126 to €1,276
- Financial income +€696
up €696 (+20.6%), from €3,379 to €4,075
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 | €277,945 | €287,399 | +€9,454 | +3.4% |
| Fixed assets | 21/28 | €2,115 | €1,754 | -€361 | -17.1% |
| Tangible fixed assets | 22/27 | €2,090 | €1,729 | -€361 | -17.3% |
| Furniture and vehicles | 24 | €112 | €28 | -€84 | -74.9% |
| Other tangible fixed assets | 26 | €1,978 | €1,700 | -€277 | -14.0% |
| Financial fixed assets | 28 | €25 | €25 | = | 0.0% |
| Current assets | 29/58 | €275,830 | €285,646 | +€9,816 | +3.6% |
| Amounts receivable within one year | 40/41 | €7,229 | €9,175 | +€1,946 | +26.9% |
| Trade receivables | 40 | €941 | €6,782 | +€5,841 | +621% |
| Other amounts receivable | 41 | €6,288 | €2,393 | -€3,895 | -61.9% |
| Current investments | 50/53 | €139,475 | €111,279 | -€28,197 | -20.2% |
| Cash at bank and in hand | 54/58 | €122,802 | €152,720 | +€29,919 | +24.4% |
| Deferred charges and accrued income | 490/1 | €6,324 | €12,472 | +€6,148 | +97.2% |
| Total equity and liabilities | 10/49 | €277,945 | €287,399 | +€9,454 | +3.4% |
| Equity | 10/15 | €261,037 | €272,276 | +€11,240 | +4.3% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €92,599 | €103,838 | +€11,240 | +12.1% |
| Distributable reserves | 133 | €92,599 | €103,838 | +€11,240 | +12.1% |
| Profit (loss) carried forward | 14 | €156,038 | €156,038 | = | 0.0% |
| Amounts payable | 17/49 | €16,908 | €15,123 | -€1,785 | -10.6% |
| Amounts payable within one year | 42/48 | €16,606 | €14,703 | -€1,904 | -11.5% |
| Trade debts | 44 | €5,871 | €6,747 | +€877 | +14.9% |
| Suppliers | 440/4 | €5,871 | €6,747 | +€877 | +14.9% |
| Taxes, remuneration and social security | 45 | €0 | €0 | = | |
| Taxes | 450/3 | €0 | €0 | = | |
| Other amounts payable | 47/48 | €10,736 | €7,956 | -€2,780 | -25.9% |
| Accrued charges and deferred income | 492/3 | €301 | €420 | +€118 | +39.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €361 | €361 | = | 0.0% |
| Non-recurring operating charges | 66A | - | €0 | = | |
| Gross operating margin | 9900 | -€15,368 | €12,512 | +€27,880 | |
| Operating profit (loss) | 9901 | -€15,729 | €12,151 | +€27,880 | |
| Financial income | 75/76B | €3,379 | €4,075 | +€696 | +20.6% |
| Recurring financial income | 75 | €3,379 | €4,075 | +€696 | +20.6% |
| Financial charges | 65/66B | €73 | €3,711 | +€3,638 | +4,996% |
| Recurring financial charges | 65 | €73 | €3,711 | +€3,638 | +4,996% |
| Profit (loss) for the period before taxes | 9903 | -€12,423 | €12,516 | +€24,939 | |
| Income taxes | 67/77 | €126 | €1,276 | +€1,150 | +915% |
| Profit (loss) for the period | 9904 | -€12,549 | €11,240 | +€23,788 | |
| Profit (loss) for the period to be appropriated | 9905 | -€12,549 | €11,240 | +€23,788 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.