William Beeckman: 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.
William Beeckman
Largest movements
- Tangible fixed assets -€25,262
down €25,262 (-3.4%), from €748,232 to €722,970
- Receivables within one year +€18,867
up €18,867 (+1351.3%), from €1,396 to €20,263
of which Trade receivables: +€13,110
- Debts after one year -€39,741
down €39,741 (-100.0%), from €39,741 to €0
- Profit (loss) carried forward +€23,561
up €23,561 (+103.8%), from €22,696 to €46,257
- Other debts +€8,490
up €8,490 (+8.7%), from €97,805 to €106,295
- Gross operating margin +€4,092
up €4,092 (+6.8%), from €60,103 to €64,195
- Financial charges -€2,987
down €2,987 (-53.4%), from €5,594 to €2,607
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 | €825,830 | €814,316 | -€11,514 | -1.4% |
| Fixed assets | 21/28 | €748,232 | €722,970 | -€25,262 | -3.4% |
| Tangible fixed assets | 22/27 | €748,232 | €722,970 | -€25,262 | -3.4% |
| Land and buildings | 22 | €748,232 | €722,970 | -€25,262 | -3.4% |
| Current assets | 29/58 | €77,599 | €91,346 | +€13,748 | +17.7% |
| Amounts receivable within one year | 40/41 | €1,396 | €20,263 | +€18,867 | +1351.3% |
| Trade receivables | 40 | €1,396 | €14,506 | +€13,110 | +938.9% |
| Other amounts receivable | 41 | - | €5,757 | +€5,757 | |
| Cash at bank and in hand | 54/58 | €75,561 | €70,416 | -€5,145 | -6.8% |
| Deferred charges and accrued income | 490/1 | €642 | €667 | +€26 | +4.0% |
| Total equity and liabilities | 10/49 | €825,830 | €814,316 | -€11,514 | -1.4% |
| Equity | 10/15 | €641,418 | €664,979 | +€23,561 | +3.7% |
| Contributions | 10/11 | €107,783 | €107,783 | = | 0.0% |
| Capital | 10 | €107,783 | €107,783 | = | 0.0% |
| Issued capital | 100 | €107,783 | €107,783 | = | 0.0% |
| Reserves | 13 | €510,939 | €510,939 | = | 0.0% |
| Non-distributable reserves | 130/1 | €10,778 | €10,778 | = | 0.0% |
| Legal reserve | 130 | €10,778 | €10,778 | = | 0.0% |
| Tax-exempt reserves | 132 | €3,964 | €3,964 | = | 0.0% |
| Distributable reserves | 133 | €496,196 | €496,196 | = | 0.0% |
| Profit (loss) carried forward | 14 | €22,696 | €46,257 | +€23,561 | +103.8% |
| Amounts payable | 17/49 | €184,412 | €149,337 | -€35,075 | -19.0% |
| Amounts payable after more than one year | 17 | €39,741 | €0 | -€39,741 | -100.0% |
| Financial debts | 170/4 | €39,741 | €0 | -€39,741 | -100.0% |
| Amounts payable within one year | 42/48 | €144,671 | €149,310 | +€4,639 | +3.2% |
| Current portion of amounts payable after more than one year | 42 | €43,332 | €39,741 | -€3,591 | -8.3% |
| Trade debts | 44 | €1,225 | €926 | -€300 | -24.5% |
| Suppliers | 440/4 | €1,225 | €926 | -€300 | -24.5% |
| Taxes, remuneration and social security | 45 | €2,309 | €2,348 | +€40 | +1.7% |
| Taxes | 450/3 | €2,309 | €2,348 | +€40 | +1.7% |
| Other amounts payable | 47/48 | €97,805 | €106,295 | +€8,490 | +8.7% |
| Accrued charges and deferred income | 492/3 | - | €27 | +€27 | |
| Non-recurring operating income | 76A | - | €0 | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,262 | €25,262 | = | 0.0% |
| Other operating charges | 640/8 | €12,949 | €12,764 | -€185 | -1.4% |
| Gross operating margin | 9900 | €60,103 | €64,195 | +€4,092 | +6.8% |
| Operating profit (loss) | 9901 | €21,892 | €26,168 | +€4,277 | +19.5% |
| Financial charges | 65/66B | €5,594 | €2,607 | -€2,987 | -53.4% |
| Recurring financial charges | 65 | €5,594 | €2,607 | -€2,987 | -53.4% |
| Profit (loss) for the period before taxes | 9903 | €16,298 | €23,561 | +€7,263 | +44.6% |
| Profit (loss) for the period | 9904 | €16,298 | €23,561 | +€7,263 | +44.6% |
| Profit (loss) for the period to be appropriated | 9905 | €16,298 | €23,561 | +€7,263 | +44.6% |
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 9 October 2026 via checked.be.