Beacon Management: 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.
Beacon Management
Largest movements
- Receivables within one year -€9,575
down €9,575 (-75.9%), from €12,616 to €3,040
of which Trade receivables: -€10,500
- Deferred charges and accrued income -€5,051
down €5,051 (-100.0%), from €5,051 to €0
- Tangible fixed assets -€1,141
down €1,141 (-15.9%), from €7,182 to €6,041
- Profit (loss) carried forward -€82,204
down €82,204 (-25.8%), from -€318,030 to -€400,233
- Other debts +€74,782
up €74,782 (+22.2%), from €337,592 to €412,374
- Trade debts -€6,264
down €6,264 (-67.2%), from €9,322 to €3,059
- Tax, wage and social debts -€1,509
down €1,509 (-72.9%), from €2,070 to €561
- Accrued charges and deferred income -€621
down €621 (-73.4%), from €846 to €225
- Gross operating margin -€23,717
down €23,717 (-45.1%), from -€52,569 to -€76,285
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 | €59,934 | €44,157 | -€15,777 | -26.3% |
| Fixed assets | 21/28 | €7,182 | €6,041 | -€1,141 | -15.9% |
| Tangible fixed assets | 22/27 | €7,182 | €6,041 | -€1,141 | -15.9% |
| Furniture and vehicles | 24 | €7,182 | €6,041 | -€1,141 | -15.9% |
| Current assets | 29/58 | €52,752 | €38,116 | -€14,636 | -27.7% |
| Stocks and contracts in progress | 3 | €33,950 | €33,950 | = | 0.0% |
| Stocks | 30/36 | €33,950 | €33,950 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €12,616 | €3,040 | -€9,575 | -75.9% |
| Trade receivables | 40 | €10,500 | €0 | -€10,500 | -100.0% |
| Other amounts receivable | 41 | €2,116 | €3,040 | +€925 | +43.7% |
| Cash at bank and in hand | 54/58 | €1,135 | €1,125 | -€10 | -0.8% |
| Deferred charges and accrued income | 490/1 | €5,051 | €0 | -€5,051 | -100.0% |
| Total equity and liabilities | 10/49 | €59,934 | €44,157 | -€15,777 | -26.3% |
| Equity | 10/15 | -€289,896 | -€372,100 | -€82,204 | -28.4% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €15,734 | €15,734 | = | 0.0% |
| Distributable reserves | 133 | €15,734 | €15,734 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€318,030 | -€400,233 | -€82,204 | -25.8% |
| Amounts payable | 17/49 | €349,830 | €416,257 | +€66,426 | +19.0% |
| Amounts payable within one year | 42/48 | €348,984 | €416,032 | +€67,047 | +19.2% |
| Financial debts | 43 | - | €39 | +€39 | |
| Credit institutions | 430/8 | - | €39 | +€39 | |
| Trade debts | 44 | €9,322 | €3,059 | -€6,264 | -67.2% |
| Suppliers | 440/4 | €9,322 | €3,059 | -€6,264 | -67.2% |
| Taxes, remuneration and social security | 45 | €2,070 | €561 | -€1,509 | -72.9% |
| Taxes | 450/3 | €2,070 | €561 | -€1,509 | -72.9% |
| Other amounts payable | 47/48 | €337,592 | €412,374 | +€74,782 | +22.2% |
| Accrued charges and deferred income | 492/3 | €846 | €225 | -€621 | -73.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,997 | €2,140 | +€143 | +7.2% |
| Other operating charges | 640/8 | €1,418 | €895 | -€523 | -36.9% |
| Non-recurring operating charges | 66A | - | €156 | +€156 | |
| Gross operating margin | 9900 | -€52,569 | -€76,285 | -€23,717 | -45.1% |
| Operating profit (loss) | 9901 | -€55,984 | -€79,477 | -€23,493 | -42.0% |
| Financial income | 75/76B | €12 | €0 | -€12 | -98.7% |
| Recurring financial income | 75 | €12 | €0 | -€12 | -98.7% |
| Financial charges | 65/66B | €2,563 | €1,931 | -€632 | -24.7% |
| Recurring financial charges | 65 | €2,563 | €1,931 | -€632 | -24.7% |
| Profit (loss) for the period before taxes | 9903 | -€58,535 | -€81,408 | -€22,873 | -39.1% |
| Income taxes | 67/77 | €120 | €796 | +€676 | +565.4% |
| Profit (loss) for the period | 9904 | -€58,655 | -€82,204 | -€23,549 | -40.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€58,655 | -€82,204 | -€23,549 | -40.1% |
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 9 October 2026 via checked.be.