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PLAN BEA: 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.

What changed

PLAN BEA

BE 0861.025.250
NACE 93.127, Equestrian clubs
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€53,962
2024 · -€33,675-€20,287
Equity
-€81,179
2024 · -€27,217-€53,962
Cash
€7,813
2024 · €55,006-€47,193
Balance sheet total
€541,535
2024 · €544,309-€2,774

Largest movements

2024 to 2025
Assets
  • Cash -€47,193

    down €47,193 (-85.8%), from €55,006 to €7,813

    mainly Investment in fixed assets (net) (-€67,804) and Net result for the year (-€53,962)

  • Tangible fixed assets +€45,553

    up €45,553 (+9.4%), from €483,739 to €529,292

    of which Plant, machinery and equipment: +€44,728

Equity and liabilities
  • Profit (loss) carried forward -€53,962

    down €53,962 (-109.6%), from -€49,217 to -€103,179

  • Other debts +€50,000

    up €50,000 (+8.8%), from €570,084 to €620,084

Income statement
  • Staff costs +€9,602

    up €9,602 (+110.0%), from €8,729 to €18,331

  • Depreciation +€4,346

    up €4,346 (+24.3%), from €17,905 to €22,251

  • Financial income -€3,575

    down €3,575 (-83.8%), from €4,264 to €689

    of which Financial income: -€3,575

  • Gross operating margin -€2,832

    down €2,832 (-25.3%), from -€11,205 to -€14,037

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 -€33,675
Gross operating margin -€2,832
Staff costs -€9,602
Depreciation -€4,346
Financial income -€3,575
Financial charges +€68
Result 2025 -€53,962

Cash bridge derived

cash 2024 to 2025

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.

From operations +€20,611
Investment -€67,804
Financing €0
Cash 2024 €55,006
Net result for the year -€53,962
Depreciation +€22,251
Receivables within one year +€1,135
Deferred charges and accrued income -€1
Trade debts +€1,733
Tax, wage and social debts -€545
Other debts +€50,000
Investment in fixed assets (net) -€67,804
Cash 2025 €7,813
Every line side by side 37 lines
Line Code 2024 2025 Change %
Total assets 20/58 €544,309 €541,535 -€2,774 -0.5%
Fixed assets 21/28 €484,007 €529,560 +€45,553 +9.4%
Tangible fixed assets 22/27 €483,739 €529,292 +€45,553 +9.4%
Plant, machinery and equipment 23 €483,739 €528,467 +€44,728 +9.2%
Furniture and vehicles 24 - €825 +€825
Financial fixed assets 28 €268 €268 = 0.0%
Current assets 29/58 €60,302 €11,975 -€48,327 -80.1%
Amounts receivable within one year 40/41 €5,296 €4,161 -€1,135 -21.4%
Trade receivables 40 €4,014 €2,049 -€1,965 -49.0%
Other amounts receivable 41 €1,282 €2,112 +€830 +64.7%
Cash at bank and in hand 54/58 €55,006 €7,813 -€47,193 -85.8%
Deferred charges and accrued income 490/1 - €1 +€1
Total equity and liabilities 10/49 €544,309 €541,535 -€2,774 -0.5%
Equity 10/15 -€27,217 -€81,179 -€53,962 -198.3%
Contributions 10/11 €20,000 €20,000 = 0.0%
Reserves 13 €2,000 €2,000 = 0.0%
Distributable reserves 133 €2,000 €2,000 = 0.0%
Profit (loss) carried forward 14 -€49,217 -€103,179 -€53,962 -109.6%
Amounts payable 17/49 €571,526 €622,714 +€51,188 +9.0%
Amounts payable within one year 42/48 €571,526 €622,714 +€51,188 +9.0%
Trade debts 44 €42 €1,775 +€1,733 +4126.2%
Suppliers 440/4 €42 €1,775 +€1,733 +4126.2%
Taxes, remuneration and social security 45 €1,400 €855 -€545 -38.9%
Remuneration and social security 454/9 €1,400 €855 -€545 -38.9%
Other amounts payable 47/48 €570,084 €620,084 +€50,000 +8.8%
Remuneration, social security and pensions 62 €8,729 €18,331 +€9,602 +110.0%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €17,905 €22,251 +€4,346 +24.3%
Gross operating margin 9900 -€11,205 -€14,037 -€2,832 -25.3%
Operating profit (loss) 9901 -€37,839 -€54,619 -€16,780 -44.3%
Financial income 75/76B €4,264 €689 -€3,575 -83.8%
Recurring financial income 75 €4,264 €689 -€3,575 -83.8%
Non-recurring financial income 76B - €689 +€689
Financial charges 65/66B €100 €32 -€68 -68.0%
Recurring financial charges 65 €100 €32 -€68 -68.0%
Profit (loss) for the period before taxes 9903 -€33,675 -€53,962 -€20,287 -60.2%
Profit (loss) for the period 9904 -€33,675 -€53,962 -€20,287 -60.2%
Profit (loss) for the period to be appropriated 9905 -€33,675 -€53,962 -€20,287 -60.2%

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 30 September 2026 via checked.be.