STUDIO HANS OP DE BEECK: 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.
STUDIO HANS OP DE BEECK
Largest movements
- Receivables within one year -€46,729
down €46,729 (-51.3%), from €91,113 to €44,384
of which Trade receivables: -€33,119
- Tangible fixed assets +€36,827
up €36,827 (+3.4%), from €1.1m to €1.1m
of which Other tangible fixed assets: +€62,712
- Cash -€31,296
down €31,296 (-21.5%), from €145,788 to €114,492
mainly Contributions, distributions and other (-€226,911) and Investment in fixed assets (net) (-€157,775)
- Other debts +€156,312
up €156,312 (+185%), from €84,688 to €241,000
- Reserves -€108,866
down €108,866 (-10.0%), from €1.1m to €981,432
of which Distributable reserves: -€107,006
- Trade debts -€104,539
down €104,539 (-75.8%), from €137,854 to €33,315
- Debts after one year +€29,427
up €29,427 (+11.8%), from €248,338 to €277,765
- Gross operating margin +€104,473
up €104,473 (+16.2%), from €643,310 to €747,783
- Staff costs +€81,447
up €81,447 (+24.1%), from €337,916 to €419,363
- Taxes +€17,927
up €17,927 (+53.5%), from €33,491 to €51,418
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 | €1,730,432 | €1,699,623 | -€30,810 | -1.8% |
| Fixed assets | 21/28 | €1,073,436 | €1,110,263 | +€36,827 | +3.4% |
| Tangible fixed assets | 22/27 | €1,073,436 | €1,110,263 | +€36,827 | +3.4% |
| Land and buildings | 22 | €1,007,823 | €1,021,372 | +€13,548 | +1.3% |
| Plant, machinery and equipment | 23 | €13,008 | €13,404 | +€396 | +3.0% |
| Furniture and vehicles | 24 | €27,276 | €12,774 | -€14,502 | -53.2% |
| Leasing and similar rights | 25 | €25,328 | €0 | -€25,328 | -100% |
| Other tangible fixed assets | 26 | - | €62,712 | +€62,712 | |
| Current assets | 29/58 | €656,996 | €589,360 | -€67,636 | -10.3% |
| Amounts receivable within one year | 40/41 | €91,113 | €44,384 | -€46,729 | -51.3% |
| Trade receivables | 40 | €69,195 | €36,076 | -€33,119 | -47.9% |
| Other amounts receivable | 41 | €21,919 | €8,309 | -€13,610 | -62.1% |
| Cash at bank and in hand | 54/58 | €145,788 | €114,492 | -€31,296 | -21.5% |
| Deferred charges and accrued income | 490/1 | €420,095 | €430,484 | +€10,388 | +2.5% |
| Total equity and liabilities | 10/49 | €1,730,432 | €1,699,623 | -€30,810 | -1.8% |
| Equity | 10/15 | €1,108,898 | €1,000,032 | -€108,866 | -9.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,090,298 | €981,432 | -€108,866 | -10.0% |
| Non-distributable reserves | 130/1 | €1,860 | €0 | -€1,860 | -100% |
| Reserves not available under the articles | 1311 | €1,860 | €0 | -€1,860 | -100% |
| Distributable reserves | 133 | €1,088,438 | €981,432 | -€107,006 | -9.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €621,534 | €699,591 | +€78,057 | +12.6% |
| Amounts payable after more than one year | 17 | €248,338 | €277,765 | +€29,427 | +11.8% |
| Financial debts | 170/4 | €248,338 | €277,765 | +€29,427 | +11.8% |
| Amounts payable within one year | 42/48 | €371,046 | €419,883 | +€48,836 | +13.2% |
| Current portion of amounts payable after more than one year | 42 | €70,776 | €57,422 | -€13,354 | -18.9% |
| Financial debts | 43 | €23,539 | €32,786 | +€9,247 | +39.3% |
| Credit institutions | 430/8 | €23,539 | €32,786 | +€9,247 | +39.3% |
| Trade debts | 44 | €137,854 | €33,315 | -€104,539 | -75.8% |
| Suppliers | 440/4 | €137,854 | €33,315 | -€104,539 | -75.8% |
| Advances received on contracts in progress | 46 | €102 | €0 | -€102 | -100% |
| Taxes, remuneration and social security | 45 | €54,088 | €55,360 | +€1,271 | +2.4% |
| Taxes | 450/3 | €6,026 | €12,701 | +€6,675 | +111% |
| Remuneration and social security | 454/9 | €48,062 | €42,659 | -€5,404 | -11.2% |
| Other amounts payable | 47/48 | €84,688 | €241,000 | +€156,312 | +185% |
| Accrued charges and deferred income | 492/3 | €2,150 | €1,943 | -€207 | -9.6% |
| Remuneration, social security and pensions | 62 | €337,916 | €419,363 | +€81,447 | +24.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €127,148 | €120,949 | -€6,199 | -4.9% |
| Other operating charges | 640/8 | €20,025 | €21,285 | +€1,259 | +6.3% |
| Non-recurring operating charges | 66A | - | €481 | +€481 | |
| Gross operating margin | 9900 | €643,310 | €747,783 | +€104,473 | +16.2% |
| Operating profit (loss) | 9901 | €158,221 | €185,706 | +€27,485 | +17.4% |
| Financial income | 75/76B | €32 | €54 | +€22 | +70.2% |
| Recurring financial income | 75 | €32 | €54 | +€22 | +70.2% |
| Financial charges | 65/66B | €12,803 | €16,298 | +€3,495 | +27.3% |
| Recurring financial charges | 65 | €12,803 | €16,298 | +€3,495 | +27.3% |
| Profit (loss) for the period before taxes | 9903 | €145,450 | €169,463 | +€24,013 | +16.5% |
| Income taxes | 67/77 | €33,491 | €51,418 | +€17,927 | +53.5% |
| Profit (loss) for the period | 9904 | €111,959 | €118,044 | +€6,086 | +5.4% |
| Profit (loss) for the period to be appropriated | 9905 | €111,959 | €118,044 | +€6,086 | +5.4% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.