STEVEN BECKERS: 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.
STEVEN BECKERS
Largest movements
- Receivables within one year -€24,695
down €24,695 (-10.8%), from €228,065 to €203,371
of which Other amounts receivable: -€18,320
- Cash -€17,446
down €17,446 (-86.6%), from €20,145 to €2,699
mainly Contributions, distributions and other (-€179,694) and Net result for the year (-€24,340)
- Financial fixed assets -€6,000
no longer reported in 2025 (was €6,000)
- Profit (loss) carried forward -€204,034
no longer reported in 2025 (was €204,034)
- Other debts +€179,694
new in 2025: €179,694
- Tax, wage and social debts -€19,145
down €19,145 (-71.4%), from €26,804 to €7,659
- Gross operating margin -€21,218
down €21,218, from €18,328 to -€2,890
- Taxes -€5,925
down €5,925 (-96.6%), from €6,133 to €209
- Financial charges +€1,469
up €1,469 (+95.2%), from €1,543 to €3,013
- Financial income -€1,436
down €1,436 (-13.1%), from €10,966 to €9,530
- Other operating charges +€1,344
new in 2025: €1,344
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 | €256,894 | €211,556 | -€45,338 | -17.6% |
| Fixed assets | 21/28 | €8,438 | €3,233 | -€5,205 | -61.7% |
| Tangible fixed assets | 22/27 | €2,438 | €3,233 | +€795 | +32.6% |
| Furniture and vehicles | 24 | €2,438 | €3,233 | +€795 | +32.6% |
| Financial fixed assets | 28 | €6,000 | - | -€6,000 | |
| Current assets | 29/58 | €248,457 | €208,323 | -€40,134 | -16.2% |
| Amounts receivable within one year | 40/41 | €228,065 | €203,371 | -€24,695 | -10.8% |
| Trade receivables | 40 | €15,679 | €9,305 | -€6,374 | -40.7% |
| Other amounts receivable | 41 | €212,386 | €194,066 | -€18,320 | -8.6% |
| Cash at bank and in hand | 54/58 | €20,145 | €2,699 | -€17,446 | -86.6% |
| Deferred charges and accrued income | 490/1 | €246 | €2,254 | +€2,007 | +815% |
| Total equity and liabilities | 10/49 | €256,894 | €211,556 | -€45,338 | -17.6% |
| Equity | 10/15 | €224,494 | €20,460 | -€204,034 | -90.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €204,034 | - | -€204,034 | |
| Amounts payable | 17/49 | €32,400 | €191,096 | +€158,695 | +490% |
| Amounts payable within one year | 42/48 | €32,400 | €191,096 | +€158,695 | +490% |
| Trade debts | 44 | €5,597 | €3,743 | -€1,854 | -33.1% |
| Suppliers | 440/4 | €5,597 | €3,743 | -€1,854 | -33.1% |
| Taxes, remuneration and social security | 45 | €26,804 | €7,659 | -€19,145 | -71.4% |
| Taxes | 450/3 | €26,804 | €7,659 | -€19,145 | -71.4% |
| Other amounts payable | 47/48 | - | €179,694 | +€179,694 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,747 | €1,634 | -€113 | -6.5% |
| Other operating charges | 640/8 | - | €1,344 | +€1,344 | |
| Non-recurring operating charges | 66A | - | €24,782 | +€24,782 | |
| Gross operating margin | 9900 | €18,328 | -€2,890 | -€21,218 | |
| Operating profit (loss) | 9901 | €16,581 | -€30,649 | -€47,230 | |
| Financial income | 75/76B | €10,966 | €9,530 | -€1,436 | -13.1% |
| Recurring financial income | 75 | €10,966 | €9,530 | -€1,436 | -13.1% |
| Financial charges | 65/66B | €1,543 | €3,013 | +€1,469 | +95.2% |
| Recurring financial charges | 65 | €1,543 | €3,013 | +€1,469 | +95.2% |
| Profit (loss) for the period before taxes | 9903 | €26,004 | -€24,132 | -€50,135 | |
| Income taxes | 67/77 | €6,133 | €209 | -€5,925 | -96.6% |
| Profit (loss) for the period | 9904 | €19,870 | -€24,340 | -€44,210 | |
| Profit (loss) for the period to be appropriated | 9905 | €19,870 | -€24,340 | -€44,210 |
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 23 October 2026 via checked.be.