Philippe de Beukelaar: 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.
Philippe de Beukelaar
Largest movements
- Cash +€25,957
up €25,957 (+65.9%), from €39,400 to €65,356
mainly Net result for the year (+€25,036) and Trade debts (+€3,073)
- Tangible fixed assets +€2,315
new in 2025: €2,315
- Receivables within one year +€1,115
up €1,115 (+873.9%), from €128 to €1,243
- Profit (loss) carried forward +€25,036
up €25,036 (+129.7%), from €19,308 to €44,344
- Trade debts +€3,073
up €3,073 (+492.7%), from €624 to €3,696
- Tax, wage and social debts +€1,692
up €1,692 (+10.4%), from €16,323 to €18,015
- Gross operating margin +€9,788
up €9,788 (+38.0%), from €25,778 to €35,566
- Financial charges +€1,934
up €1,934 (+693.8%), from €279 to €2,213
- Taxes +€1,497
up €1,497 (+24.6%), from €6,075 to €7,572
- Depreciation +€371
new in 2025: €371
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.
Cash bridge derived
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 | €40,505 | €70,555 | +€30,051 | +74.2% |
| Fixed assets | 21/28 | - | €2,315 | +€2,315 | |
| Tangible fixed assets | 22/27 | - | €2,315 | +€2,315 | |
| Furniture and vehicles | 24 | - | €2,315 | +€2,315 | |
| Current assets | 29/58 | €40,505 | €68,240 | +€27,736 | +68.5% |
| Amounts receivable within one year | 40/41 | €128 | €1,243 | +€1,115 | +873.9% |
| Other amounts receivable | 41 | €128 | €1,243 | +€1,115 | +873.9% |
| Cash at bank and in hand | 54/58 | €39,400 | €65,356 | +€25,957 | +65.9% |
| Deferred charges and accrued income | 490/1 | €977 | €1,641 | +€664 | +67.9% |
| Total equity and liabilities | 10/49 | €40,505 | €70,555 | +€30,051 | +74.2% |
| Equity | 10/15 | €22,308 | €47,344 | +€25,036 | +112.2% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €19,308 | €44,344 | +€25,036 | +129.7% |
| Amounts payable | 17/49 | €18,197 | €23,211 | +€5,014 | +27.6% |
| Amounts payable within one year | 42/48 | €16,947 | €21,711 | +€4,764 | +28.1% |
| Trade debts | 44 | €624 | €3,696 | +€3,073 | +492.7% |
| Suppliers | 440/4 | €624 | €3,696 | +€3,073 | +492.7% |
| Taxes, remuneration and social security | 45 | €16,323 | €18,015 | +€1,692 | +10.4% |
| Taxes | 450/3 | €16,323 | €18,015 | +€1,692 | +10.4% |
| Accrued charges and deferred income | 492/3 | €1,250 | €1,500 | +€250 | +20.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €371 | +€371 | |
| Other operating charges | 640/8 | €116 | €373 | +€257 | +221.5% |
| Gross operating margin | 9900 | €25,778 | €35,566 | +€9,788 | +38.0% |
| Operating profit (loss) | 9901 | €25,662 | €34,822 | +€9,160 | +35.7% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €279 | €2,213 | +€1,934 | +693.8% |
| Recurring financial charges | 65 | €279 | €2,213 | +€1,934 | +693.8% |
| Profit (loss) for the period before taxes | 9903 | €25,383 | €32,609 | +€7,226 | +28.5% |
| Income taxes | 67/77 | €6,075 | €7,572 | +€1,497 | +24.6% |
| Profit (loss) for the period | 9904 | €19,308 | €25,036 | +€5,729 | +29.7% |
| Profit (loss) for the period to be appropriated | 9905 | €19,308 | €25,036 | +€5,729 | +29.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.