North Beach: 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.
North Beach
Largest movements
- Tangible fixed assets +€74,136
up €74,136 (+1.2%), from €6.4m to €6.5m
of which Land and buildings: +€37,210
- Other debts +€157,240
up €157,240 (+83.9%), from €187,344 to €344,584
- Profit (loss) carried forward -€101,270
down €101,270 (-8.1%), from -€1.3m to -€1.4m
- Gross operating margin -€56,745
down €56,745, from €22,062 to -€34,684
- Depreciation +€4,774
up €4,774 (+9.0%), from €53,038 to €57,812
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 | €6,432,046 | €6,488,015 | +€55,969 | +0.9% |
| Fixed assets | 21/28 | €6,393,373 | €6,467,508 | +€74,136 | +1.2% |
| Tangible fixed assets | 22/27 | €6,393,373 | €6,467,508 | +€74,136 | +1.2% |
| Land and buildings | 22 | €6,245,924 | €6,283,134 | +€37,210 | +0.6% |
| Plant, machinery and equipment | 23 | €147,449 | €184,374 | +€36,926 | +25.0% |
| Current assets | 29/58 | €38,673 | €20,507 | -€18,166 | -47.0% |
| Cash at bank and in hand | 54/58 | €38,673 | €20,507 | -€18,166 | -47.0% |
| Total equity and liabilities | 10/49 | €6,432,046 | €6,488,015 | +€55,969 | +0.9% |
| Equity | 10/15 | €6,244,702 | €6,143,432 | -€101,270 | -1.6% |
| Contributions | 10/11 | €7,500,000 | €7,500,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,255,298 | -€1,356,569 | -€101,270 | -8.1% |
| Amounts payable | 17/49 | €187,344 | €344,584 | +€157,240 | +83.9% |
| Amounts payable within one year | 42/48 | €187,344 | €344,584 | +€157,240 | +83.9% |
| Other amounts payable | 47/48 | €187,344 | €344,584 | +€157,240 | +83.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €53,038 | €57,812 | +€4,774 | +9.0% |
| Other operating charges | 640/8 | €8,724 | €8,720 | -€4 | 0.0% |
| Gross operating margin | 9900 | €22,062 | -€34,684 | -€56,745 | |
| Operating profit (loss) | 9901 | -€39,700 | -€101,216 | -€61,516 | -155% |
| Financial charges | 65/66B | €53 | €54 | +€2 | +2.9% |
| Recurring financial charges | 65 | €53 | €54 | +€2 | +2.9% |
| Profit (loss) for the period before taxes | 9903 | -€39,753 | -€101,270 | -€61,517 | -155% |
| Profit (loss) for the period | 9904 | -€39,753 | -€101,270 | -€61,517 | -155% |
| Profit (loss) for the period to be appropriated | 9905 | -€39,753 | -€101,270 | -€61,517 | -155% |
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 14 October 2026 via checked.be.