SB BEYLEMANS: 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.
SB BEYLEMANS
Largest movements
- Cash +€29,245
up €29,245 (+2744.0%), from €1,066 to €30,311
mainly Net result for the year (+€26,806) and Trade debts (+€23,119)
- Tangible fixed assets +€14,938
up €14,938 (+3.4%), from €435,788 to €450,726
of which Land and buildings: +€15,380
- Reserves +€38,655
new in 2025: €38,655
- Trade debts +€23,119
up €23,119 (+1351.8%), from €1,710 to €24,830
- Profit (loss) carried forward -€11,849
no longer reported in 2025 (was €11,849)
- Debts after one year -€10,875
down €10,875 (-2.8%), from €391,571 to €380,697
of which Financial debts: -€17,443
- Tax, wage and social debts +€7,704
up €7,704 (+2855.7%), from €270 to €7,973
- Gross operating margin +€28,163
up €28,163 (+85.8%), from €32,815 to €60,977
- Taxes +€7,704
up €7,704 (+2855.7%), from €270 to €7,973
- Depreciation +€3,112
up €3,112 (+18.6%), from €16,747 to €19,859
- Financial charges +€639
up €639 (+14.9%), from €4,291 to €4,930
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 | €440,957 | €488,210 | +€47,253 | +10.7% |
| Fixed assets | 21/28 | €435,788 | €450,726 | +€14,938 | +3.4% |
| Tangible fixed assets | 22/27 | €435,788 | €450,726 | +€14,938 | +3.4% |
| Land and buildings | 22 | €432,416 | €447,797 | +€15,380 | +3.6% |
| Furniture and vehicles | 24 | €3,372 | €2,930 | -€442 | -13.1% |
| Current assets | 29/58 | €5,169 | €37,484 | +€32,315 | +625.2% |
| Amounts receivable within one year | 40/41 | €4,103 | €4,779 | +€676 | +16.5% |
| Trade receivables | 40 | €690 | - | -€690 | |
| Other amounts receivable | 41 | €3,413 | €4,779 | +€1,366 | +40.0% |
| Cash at bank and in hand | 54/58 | €1,066 | €30,311 | +€29,245 | +2744.0% |
| Deferred charges and accrued income | 490/1 | - | €2,394 | +€2,394 | |
| Total equity and liabilities | 10/49 | €440,957 | €488,210 | +€47,253 | +10.7% |
| Equity | 10/15 | €30,441 | €57,247 | +€26,806 | +88.1% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | - | €38,655 | +€38,655 | |
| Distributable reserves | 133 | - | €38,655 | +€38,655 | |
| Profit (loss) carried forward | 14 | €11,849 | - | -€11,849 | |
| Amounts payable | 17/49 | €410,516 | €430,963 | +€20,447 | +5.0% |
| Amounts payable after more than one year | 17 | €391,571 | €380,697 | -€10,875 | -2.8% |
| Financial debts | 170/4 | €345,491 | €328,048 | -€17,443 | -5.0% |
| Other amounts payable | 178/9 | €46,080 | €52,649 | +€6,569 | +14.3% |
| Amounts payable within one year | 42/48 | €18,945 | €50,266 | +€31,321 | +165.3% |
| Current portion of amounts payable after more than one year | 42 | €16,945 | €17,443 | +€498 | +2.9% |
| Financial debts | 43 | €20 | €20 | = | 0.0% |
| Credit institutions | 430/8 | €20 | €20 | = | 0.0% |
| Trade debts | 44 | €1,710 | €24,830 | +€23,119 | +1351.8% |
| Suppliers | 440/4 | €1,710 | €24,830 | +€23,119 | +1351.8% |
| Taxes, remuneration and social security | 45 | €270 | €7,973 | +€7,704 | +2855.7% |
| Taxes | 450/3 | €270 | €7,973 | +€7,704 | +2855.7% |
| Non-recurring operating income | 76A | €10,500 | - | -€10,500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,747 | €19,859 | +€3,112 | +18.6% |
| Other operating charges | 640/8 | €1,702 | €1,410 | -€292 | -17.2% |
| Gross operating margin | 9900 | €32,815 | €60,977 | +€28,163 | +85.8% |
| Operating profit (loss) | 9901 | €14,365 | €39,709 | +€25,344 | +176.4% |
| Financial charges | 65/66B | €4,291 | €4,930 | +€639 | +14.9% |
| Recurring financial charges | 65 | €4,291 | €4,930 | +€639 | +14.9% |
| Profit (loss) for the period before taxes | 9903 | €10,075 | €34,779 | +€24,705 | +245.2% |
| Income taxes | 67/77 | €270 | €7,973 | +€7,704 | +2855.7% |
| Profit (loss) for the period | 9904 | €9,805 | €26,806 | +€17,001 | +173.4% |
| Profit (loss) for the period to be appropriated | 9905 | €9,805 | €26,806 | +€17,001 | +173.4% |
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 3 October 2026 via checked.be.