Pascal Beyns: what changed
Two fiscal 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.
Pascal Beyns
Largest movements
- Cash +€24,297
up €24,297 (+40.1%), from €60,534 to €84,831
mainly Depreciation (+€24,891) and Net result for the year (+€20,309)
- Tangible fixed assets -€18,106
down €18,106 (-5.9%), from €309,147 to €291,040
of which Furniture and vehicles: -€13,420
- Stocks and contracts +€8,588
up €8,588 (+28.7%), from €29,885 to €38,472
- Reserves +€20,309
up €20,309 (+12.2%), from €166,639 to €186,948
of which Distributable reserves: +€23,499
- Debts after one year -€12,010
down €12,010 (-9.2%), from €131,159 to €119,149
- Trade debts +€7,465
up €7,465 (+108.6%), from €6,876 to €14,341
- Gross operating margin +€18,200
up €18,200 (+38.2%), from €47,616 to €65,816
- Taxes +€8,757
new in 2024: €8,757
- Depreciation +€3,742
up €3,742 (+17.7%), from €21,149 to €24,891
- Other operating charges +€3,130
up €3,130 (+77.8%), from €4,022 to €7,152
- Financial charges +€987
up €987 (+18.4%), from €5,376 to €6,363
From the 2023 result to the 2024 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.
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €409,905 | €427,212 | +€17,307 | +4.2% |
| Fixed assets | 21/28 | €309,147 | €291,040 | -€18,106 | -5.9% |
| Tangible fixed assets | 22/27 | €309,147 | €291,040 | -€18,106 | -5.9% |
| Land and buildings | 22 | €244,471 | €239,017 | -€5,454 | -2.2% |
| Plant, machinery and equipment | 23 | €11,615 | €12,382 | +€768 | +6.6% |
| Furniture and vehicles | 24 | €53,061 | €39,641 | -€13,420 | -25.3% |
| Current assets | 29/58 | €100,758 | €136,172 | +€35,413 | +35.1% |
| Stocks and contracts in progress | 3 | €29,885 | €38,472 | +€8,588 | +28.7% |
| Stocks | 30/36 | €29,885 | €38,472 | +€8,588 | +28.7% |
| Amounts receivable within one year | 40/41 | €10,340 | €11,968 | +€1,628 | +15.7% |
| Trade receivables | 40 | €6,645 | €10,995 | +€4,350 | +65.5% |
| Other amounts receivable | 41 | €3,695 | €973 | -€2,722 | -73.7% |
| Cash at bank and in hand | 54/58 | €60,534 | €84,831 | +€24,297 | +40.1% |
| Deferred charges and accrued income | 490/1 | - | €901 | +€901 | |
| Total equity and liabilities | 10/49 | €409,905 | €427,212 | +€17,307 | +4.2% |
| Equity | 10/15 | €204,175 | €224,484 | +€20,309 | +9.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €166,639 | €186,948 | +€20,309 | +12.2% |
| Tax-exempt reserves | 132 | €60,322 | €57,131 | -€3,191 | -5.3% |
| Distributable reserves | 133 | €106,317 | €129,817 | +€23,499 | +22.1% |
| Profit (loss) carried forward | 14 | €31,336 | €31,336 | = | 0.0% |
| Provisions and deferred taxes | 16 | €31,049 | €29,406 | -€1,644 | -5.3% |
| Deferred taxes | 168 | €31,049 | €29,406 | -€1,644 | -5.3% |
| Amounts payable | 17/49 | €174,681 | €173,323 | -€1,358 | -0.8% |
| Amounts payable after more than one year | 17 | €131,159 | €119,149 | -€12,010 | -9.2% |
| Other amounts payable | 178/9 | €131,159 | €119,149 | -€12,010 | -9.2% |
| Amounts payable within one year | 42/48 | €43,522 | €54,174 | +€10,652 | +24.5% |
| Current portion of amounts payable after more than one year | 42 | €8,233 | €8,327 | +€94 | +1.1% |
| Trade debts | 44 | €6,876 | €14,341 | +€7,465 | +108.6% |
| Suppliers | 440/4 | €6,876 | €14,341 | +€7,465 | +108.6% |
| Taxes, remuneration and social security | 45 | €1,038 | €2,580 | +€1,543 | +148.6% |
| Taxes | 450/3 | €1,038 | €2,580 | +€1,543 | +148.6% |
| Other amounts payable | 47/48 | €27,375 | €28,925 | +€1,551 | +5.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,149 | €24,891 | +€3,742 | +17.7% |
| Other operating charges | 640/8 | €4,022 | €7,152 | +€3,130 | +77.8% |
| Gross operating margin | 9900 | €47,616 | €65,816 | +€18,200 | +38.2% |
| Operating profit (loss) | 9901 | €22,445 | €33,773 | +€11,328 | +50.5% |
| Financial income | 75/76B | €5 | €12 | +€7 | +145.0% |
| Recurring financial income | 75 | €5 | €12 | +€7 | +145.0% |
| Financial charges | 65/66B | €5,376 | €6,363 | +€987 | +18.4% |
| Recurring financial charges | 65 | €5,376 | €6,363 | +€987 | +18.4% |
| Profit (loss) for the period before taxes | 9903 | €17,073 | €27,422 | +€10,348 | +60.6% |
| Transfer from deferred taxes | 780 | €2,857 | €1,644 | -€1,213 | -42.5% |
| Income taxes | 67/77 | - | €8,757 | +€8,757 | |
| Profit (loss) for the period | 9904 | €19,931 | €20,309 | +€378 | +1.9% |
| Transfer from tax-exempt reserves | 789 | €5,546 | €3,191 | -€2,356 | -42.5% |
| Profit (loss) for the period to be appropriated | 9905 | €25,477 | €23,499 | -€1,978 | -7.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.