Your Beacon: 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.
Your Beacon
Largest movements
- Cash +€26,665
up €26,665 (+29.4%), from €90,684 to €117,348
mainly Net result for the year (+€43,918) and Depreciation (+€15,068)
- Tangible fixed assets -€15,068
down €15,068 (-4.9%), from €305,729 to €290,661
of which Land and buildings: -€13,278
- Reserves +€24,774
up €24,774 (+11.4%), from €218,205 to €242,979
of which Distributable reserves: +€24,774
- Debts after one year -€17,780
down €17,780 (-13.1%), from €136,116 to €118,337
- Other debts +€11,548
up €11,548 (+42.6%), from €27,138 to €38,686
- Gross operating margin +€1,377
up €1,377 (+1.6%), from €85,081 to €86,458
- Taxes +€1,256
up €1,256 (+7.0%), from €17,960 to €19,215
- Other operating charges -€994
down €994 (-25.1%), from €3,960 to €2,966
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 | €416,224 | €434,881 | +€18,657 | +4.5% |
| Fixed assets | 21/28 | €305,729 | €290,661 | -€15,068 | -4.9% |
| Tangible fixed assets | 22/27 | €305,729 | €290,661 | -€15,068 | -4.9% |
| Land and buildings | 22 | €301,880 | €288,602 | -€13,278 | -4.4% |
| Furniture and vehicles | 24 | €1,183 | €673 | -€510 | -43.1% |
| Other tangible fixed assets | 26 | €2,667 | €1,386 | -€1,280 | -48.0% |
| Current assets | 29/58 | €110,495 | €144,220 | +€33,725 | +30.5% |
| Amounts receivable within one year | 40/41 | €16,120 | €20,083 | +€3,963 | +24.6% |
| Trade receivables | 40 | €11,214 | €17,258 | +€6,044 | +53.9% |
| Other amounts receivable | 41 | €4,906 | €2,825 | -€2,081 | -42.4% |
| Cash at bank and in hand | 54/58 | €90,684 | €117,348 | +€26,665 | +29.4% |
| Deferred charges and accrued income | 490/1 | €3,691 | €6,788 | +€3,097 | +83.9% |
| Total equity and liabilities | 10/49 | €416,224 | €434,881 | +€18,657 | +4.5% |
| Equity | 10/15 | €230,605 | €255,379 | +€24,774 | +10.7% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €218,205 | €242,979 | +€24,774 | +11.4% |
| Tax-exempt reserves | 132 | €82 | €82 | = | 0.0% |
| Distributable reserves | 133 | €218,122 | €242,897 | +€24,774 | +11.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €185,620 | €179,502 | -€6,117 | -3.3% |
| Amounts payable after more than one year | 17 | €136,116 | €118,337 | -€17,780 | -13.1% |
| Financial debts | 170/4 | €136,116 | €118,337 | -€17,780 | -13.1% |
| Amounts payable within one year | 42/48 | €47,554 | €61,166 | +€13,612 | +28.6% |
| Current portion of amounts payable after more than one year | 42 | €17,476 | €17,780 | +€304 | +1.7% |
| Trade debts | 44 | €2,939 | €1,353 | -€1,587 | -54.0% |
| Suppliers | 440/4 | €2,939 | €1,353 | -€1,587 | -54.0% |
| Taxes, remuneration and social security | 45 | €0 | €3,347 | +€3,347 | |
| Taxes | 450/3 | €0 | €3,347 | +€3,347 | |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €27,138 | €38,686 | +€11,548 | +42.6% |
| Accrued charges and deferred income | 492/3 | €1,950 | €0 | -€1,950 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,282 | €15,068 | -€214 | -1.4% |
| Other operating charges | 640/8 | €3,960 | €2,966 | -€994 | -25.1% |
| Gross operating margin | 9900 | €85,081 | €86,458 | +€1,377 | +1.6% |
| Operating profit (loss) | 9901 | €65,840 | €68,424 | +€2,585 | +3.9% |
| Financial income | 75/76B | - | €6 | +€6 | |
| Recurring financial income | 75 | - | €6 | +€6 | |
| Financial charges | 65/66B | €5,300 | €5,297 | -€3 | -0.1% |
| Recurring financial charges | 65 | €5,300 | €5,297 | -€3 | -0.1% |
| Profit (loss) for the period before taxes | 9903 | €60,540 | €63,133 | +€2,593 | +4.3% |
| Income taxes | 67/77 | €17,960 | €19,215 | +€1,256 | +7.0% |
| Profit (loss) for the period | 9904 | €42,580 | €43,918 | +€1,337 | +3.1% |
| Profit (loss) for the period to be appropriated | 9905 | €42,580 | €43,918 | +€1,337 | +3.1% |
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 12 October 2026 via checked.be.