BEACH PALACE: 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.
BEACH PALACE
Largest movements
- Financial fixed assets +€3.3m
new in 2025: €3.3m
- Current investments -€2.2m
down €2.2m (-87.5%), from €2.5m to €311,235
- Cash +€846,112
up €846,112 (+81.9%), from €1.0m to €1.9m
mainly Other debts (+€3.5m) and Debts after one year (+€2.4m)
- Tangible fixed assets +€585,975
up €585,975 (+11.7%), from €5.0m to €5.6m
of which Land and buildings: +€585,975
- Other debts +€3.5m
up €3.5m (+994%), from €355,770 to €3.9m
- Reserves -€2.4m
down €2.4m (-80.9%), from €3.0m to €578,924
of which Distributable reserves: -€2.3m
- Debts after one year +€2.4m
up €2.4m (+88.3%), from €2.7m to €5.1m
of which Other amounts payable: +€2.7m
- Profit (loss) carried forward -€1.1m
down €1.1m (-88.9%), from €1.2m to €137,329
- Current portion of long-term debt +€171,768
up €171,768 (+108%), from €159,603 to €331,371
- Gross operating margin -€1.2m
down €1.2m (-73.2%), from €1.7m to €454,682
- Taxes -€187,994
down €187,994 (-100%), from €187,994 to €0
- Depreciation +€103,624
up €103,624 (+51.3%), from €201,910 to €305,534
- Financial income -€51,422
down €51,422 (-52.2%), from €98,580 to €47,158
- Other operating charges -€22,023
down €22,023 (-89.5%), from €24,602 to €2,579
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 | €8,850,507 | €11,432,831 | +€2.6m | +29.2% |
| Fixed assets | 21/28 | €5,014,194 | €8,948,550 | +€3.9m | +78.5% |
| Tangible fixed assets | 22/27 | €5,014,194 | €5,600,168 | +€585,975 | +11.7% |
| Land and buildings | 22 | €5,014,194 | €5,600,168 | +€585,975 | +11.7% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €0 | - | = | |
| Financial fixed assets | 28 | - | €3,348,382 | +€3.3m | |
| Current assets | 29/58 | €3,836,313 | €2,484,281 | -€1.4m | -35.2% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Stocks | 30/36 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €318,779 | €291,812 | -€26,967 | -8.5% |
| Trade receivables | 40 | €0 | €165,380 | +€165,380 | |
| Other amounts receivable | 41 | €318,779 | €126,432 | -€192,348 | -60.3% |
| Current investments | 50/53 | €2,484,883 | €311,235 | -€2.2m | -87.5% |
| Cash at bank and in hand | 54/58 | €1,032,651 | €1,878,763 | +€846,112 | +81.9% |
| Deferred charges and accrued income | 490/1 | €0 | €2,470 | +€2,470 | |
| Total equity and liabilities | 10/49 | €8,850,507 | €11,432,831 | +€2.6m | +29.2% |
| Equity | 10/15 | €5,394,459 | €1,842,310 | -€3.6m | -65.8% |
| Contributions | 10/11 | €1,126,056 | €1,126,056 | = | 0.0% |
| Reserves | 13 | €3,027,151 | €578,924 | -€2.4m | -80.9% |
| Non-distributable reserves | 130/1 | €112,606 | €0 | -€112,606 | -100% |
| Reserves not available under the articles | 1311 | €112,606 | €0 | -€112,606 | -100% |
| Tax-exempt reserves | 132 | €112,500 | €112,500 | = | 0.0% |
| Distributable reserves | 133 | €2,802,045 | €466,424 | -€2.3m | -83.4% |
| Profit (loss) carried forward | 14 | €1,241,252 | €137,329 | -€1.1m | -88.9% |
| Amounts payable | 17/49 | €3,456,048 | €9,590,521 | +€6.1m | +177% |
| Amounts payable after more than one year | 17 | €2,709,527 | €5,102,925 | +€2.4m | +88.3% |
| Financial debts | 170/4 | €2,709,527 | €2,392,386 | -€317,141 | -11.7% |
| Other amounts payable | 178/9 | - | €2,710,540 | +€2.7m | |
| Amounts payable within one year | 42/48 | €636,667 | €4,368,495 | +€3.7m | +586% |
| Current portion of amounts payable after more than one year | 42 | €159,603 | €331,371 | +€171,768 | +108% |
| Trade debts | 44 | €121,293 | €144,144 | +€22,851 | +18.8% |
| Suppliers | 440/4 | €121,293 | €144,144 | +€22,851 | +18.8% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €355,770 | €3,892,980 | +€3.5m | +994% |
| Accrued charges and deferred income | 492/3 | €109,855 | €119,101 | +€9,246 | +8.4% |
| Non-recurring operating income | 76A | €1,831,394 | €0 | -€1.8m | -100% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €201,910 | €305,534 | +€103,624 | +51.3% |
| Other operating charges | 640/8 | €24,602 | €2,579 | -€22,023 | -89.5% |
| Gross operating margin | 9900 | €1,699,128 | €454,682 | -€1.2m | -73.2% |
| Operating profit (loss) | 9901 | €1,472,617 | €146,569 | -€1.3m | -90.0% |
| Financial income | 75/76B | €98,580 | €47,158 | -€51,422 | -52.2% |
| Recurring financial income | 75 | €98,580 | €47,158 | -€51,422 | -52.2% |
| Financial charges | 65/66B | €141,951 | €145,876 | +€3,925 | +2.8% |
| Recurring financial charges | 65 | €141,951 | €145,876 | +€3,925 | +2.8% |
| Profit (loss) for the period before taxes | 9903 | €1,429,246 | €47,851 | -€1.4m | -96.7% |
| Income taxes | 67/77 | €187,994 | €0 | -€187,994 | -100% |
| Profit (loss) for the period | 9904 | €1,241,252 | €47,851 | -€1.2m | -96.1% |
| Profit (loss) for the period to be appropriated | 9905 | €1,241,252 | €47,851 | -€1.2m | -96.1% |
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 24 October 2026 via checked.be.