BEAGHE ARTHUR: 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.
BEAGHE ARTHUR
Largest movements
- Cash +€15,771
up €15,771 (+22.4%), from €70,395 to €86,166
mainly Other debts (+€13,453) and Net result for the year (+€12,803)
- Deferred charges and accrued income -€4,170
down €4,170 (-66.4%), from €6,281 to €2,111
- Other debts +€13,453
up €13,453 (+29.5%), from €45,545 to €58,998
- Tax, wage and social debts -€991
down €991 (-18.8%), from €5,260 to €4,269
of which Taxes: -€991
- Gross operating margin -€10,711
down €10,711 (-34.2%), from €31,307 to €20,596
- Taxes -€2,196
down €2,196 (-37.6%), from €5,842 to €3,647
- Financial charges +€1,149
up €1,149 (+66.1%), from €1,740 to €2,889
- Depreciation -€653
down €653 (-72.5%), from €900 to €247
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 | €80,988 | €92,582 | +€11,594 | +14.3% |
| Fixed assets | 21/28 | €247 | €0 | -€247 | -100% |
| Tangible fixed assets | 22/27 | €247 | €0 | -€247 | -100% |
| Furniture and vehicles | 24 | €247 | €0 | -€247 | -100% |
| Current assets | 29/58 | €80,741 | €92,582 | +€11,841 | +14.7% |
| Amounts receivable within one year | 40/41 | €4,064 | €4,305 | +€241 | +5.9% |
| Trade receivables | 40 | €3,907 | €2,951 | -€955 | -24.4% |
| Other amounts receivable | 41 | €158 | €1,353 | +€1,196 | +759% |
| Cash at bank and in hand | 54/58 | €70,395 | €86,166 | +€15,771 | +22.4% |
| Deferred charges and accrued income | 490/1 | €6,281 | €2,111 | -€4,170 | -66.4% |
| Total equity and liabilities | 10/49 | €80,988 | €92,582 | +€11,594 | +14.3% |
| Equity | 10/15 | €27,625 | €27,625 | = | 0.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €24,625 | €24,625 | = | 0.0% |
| Non-distributable reserves | 130/1 | €300 | €300 | = | 0.0% |
| Reserves not available under the articles | 1311 | €300 | €300 | = | 0.0% |
| Distributable reserves | 133 | €24,325 | €24,325 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €53,363 | €64,957 | +€11,594 | +21.7% |
| Amounts payable within one year | 42/48 | €51,353 | €63,467 | +€12,114 | +23.6% |
| Trade debts | 44 | €549 | €200 | -€349 | -63.5% |
| Suppliers | 440/4 | €549 | €200 | -€349 | -63.5% |
| Taxes, remuneration and social security | 45 | €5,260 | €4,269 | -€991 | -18.8% |
| Taxes | 450/3 | €3,710 | €2,719 | -€991 | -26.7% |
| Remuneration and social security | 454/9 | €1,550 | €1,550 | = | 0.0% |
| Other amounts payable | 47/48 | €45,545 | €58,998 | +€13,453 | +29.5% |
| Accrued charges and deferred income | 492/3 | €2,010 | €1,490 | -€520 | -25.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €900 | €247 | -€653 | -72.5% |
| Other operating charges | 640/8 | €959 | €1,011 | +€51 | +5.4% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €31,307 | €20,596 | -€10,711 | -34.2% |
| Operating profit (loss) | 9901 | €29,447 | €19,338 | -€10,109 | -34.3% |
| Financial income | 75/76B | €0 | €0 | +€0 | |
| Recurring financial income | 75 | €0 | €0 | +€0 | |
| Financial charges | 65/66B | €1,740 | €2,889 | +€1,149 | +66.1% |
| Recurring financial charges | 65 | €1,740 | €2,889 | +€1,149 | +66.1% |
| Profit (loss) for the period before taxes | 9903 | €27,708 | €16,449 | -€11,258 | -40.6% |
| Income taxes | 67/77 | €5,842 | €3,647 | -€2,196 | -37.6% |
| Profit (loss) for the period | 9904 | €21,865 | €12,803 | -€9,063 | -41.4% |
| Profit (loss) for the period to be appropriated | 9905 | €21,865 | €12,803 | -€9,063 | -41.4% |
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 22 October 2026 via checked.be.