BEACH RESIDENCES: 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 RESIDENCES
Largest movements
- Tangible fixed assets -€30,533
down €30,533 (-5.8%), from €529,834 to €499,301
of which Land and buildings: -€26,483
- Cash -€7,785
down €7,785 (-76.2%), from €10,222 to €2,436
mainly Net result for the year (-€91,026) and Investment in fixed assets (net) (-€17,853)
- Profit (loss) carried forward -€91,026
down €91,026 (-96.1%), from -€94,733 to -€185,759
- Other debts +€65,000
up €65,000 (+51.2%), from €126,915 to €191,915
- Debts after one year -€12,000
down €12,000 (-3.1%), from €385,000 to €373,000
- Depreciation +€20,526
up €20,526 (+73.7%), from €27,860 to €48,386
- Financial charges +€6,594
up €6,594 (+72.6%), from €9,081 to €15,674
- Gross operating margin +€3,394
up €3,394 (+13.1%), from -€25,827 to -€22,433
- Other operating charges +€1,709
up €1,709 (+60.5%), from €2,823 to €4,533
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 | €540,056 | €501,738 | -€38,318 | -7.1% |
| Fixed assets | 21/28 | €529,834 | €499,301 | -€30,533 | -5.8% |
| Tangible fixed assets | 22/27 | €529,834 | €499,301 | -€30,533 | -5.8% |
| Land and buildings | 22 | €512,057 | €485,574 | -€26,483 | -5.2% |
| Furniture and vehicles | 24 | €17,777 | €13,727 | -€4,050 | -22.8% |
| Current assets | 29/58 | €10,222 | €2,436 | -€7,785 | -76.2% |
| Cash at bank and in hand | 54/58 | €10,222 | €2,436 | -€7,785 | -76.2% |
| Total equity and liabilities | 10/49 | €540,056 | €501,738 | -€38,318 | -7.1% |
| Equity | 10/15 | €14,340 | -€76,686 | -€91,026 | |
| Contributions | 10/11 | €99,157 | €99,157 | = | 0.0% |
| Reserves | 13 | €9,916 | €9,916 | = | 0.0% |
| Distributable reserves | 133 | €9,916 | €9,916 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€94,733 | -€185,759 | -€91,026 | -96.1% |
| Amounts payable | 17/49 | €525,716 | €578,423 | +€52,708 | +10.0% |
| Amounts payable after more than one year | 17 | €385,000 | €373,000 | -€12,000 | -3.1% |
| Financial debts | 170/4 | €385,000 | €373,000 | -€12,000 | -3.1% |
| Amounts payable within one year | 42/48 | €140,414 | €205,423 | +€65,009 | +46.3% |
| Current portion of amounts payable after more than one year | 42 | €12,000 | €12,000 | = | 0.0% |
| Trade debts | 44 | €1,499 | €1,509 | +€9 | +0.6% |
| Suppliers | 440/4 | €1,499 | €1,509 | +€9 | +0.6% |
| Other amounts payable | 47/48 | €126,915 | €191,915 | +€65,000 | +51.2% |
| Accrued charges and deferred income | 492/3 | €301 | - | -€301 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,860 | €48,386 | +€20,526 | +73.7% |
| Other operating charges | 640/8 | €2,823 | €4,533 | +€1,709 | +60.5% |
| Non-recurring operating charges | 66A | €9,672 | - | -€9,672 | |
| Gross operating margin | 9900 | -€25,827 | -€22,433 | +€3,394 | +13.1% |
| Operating profit (loss) | 9901 | -€66,182 | -€75,351 | -€9,169 | -13.9% |
| Financial charges | 65/66B | €9,081 | €15,674 | +€6,594 | +72.6% |
| Recurring financial charges | 65 | €9,081 | €15,674 | +€6,594 | +72.6% |
| Profit (loss) for the period before taxes | 9903 | -€75,263 | -€91,026 | -€15,763 | -20.9% |
| Profit (loss) for the period | 9904 | -€75,263 | -€91,026 | -€15,763 | -20.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€75,263 | -€91,026 | -€15,763 | -20.9% |
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.