BEAGLE ESTATE: 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.
BEAGLE ESTATE
Largest movements
- Tangible fixed assets -€69,500
down €69,500 (-12.6%), from €553,753 to €484,253
- Receivables within one year -€37,373
down €37,373 (-7.4%), from €504,797 to €467,423
of which Other amounts receivable: -€38,973
- Reserves -€76,668
down €76,668 (-56.6%), from €135,395 to €58,727
- Other debts -€28,583
down €28,583 (-2.5%), from €1.2m to €1.1m
- Gross operating margin +€39,745
up €39,745 (+94.5%), from -€42,075 to -€2,329
- Financial income -€669
down €669 (-6.6%), from €10,123 to €9,454
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 | €1,364,909 | €1,244,906 | -€120,003 | -8.8% |
| Fixed assets | 21/28 | €846,973 | €777,473 | -€69,500 | -8.2% |
| Tangible fixed assets | 22/27 | €553,753 | €484,253 | -€69,500 | -12.6% |
| Plant, machinery and equipment | 23 | €553,753 | €484,253 | -€69,500 | -12.6% |
| Financial fixed assets | 28 | €293,220 | €293,220 | = | 0.0% |
| Current assets | 29/58 | €517,935 | €467,433 | -€50,503 | -9.8% |
| Amounts receivable within one year | 40/41 | €504,797 | €467,423 | -€37,373 | -7.4% |
| Trade receivables | 40 | €10,050 | €11,650 | +€1,600 | +15.9% |
| Other amounts receivable | 41 | €494,747 | €455,774 | -€38,973 | -7.9% |
| Cash at bank and in hand | 54/58 | €13,139 | €9 | -€13,129 | -99.9% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €1,364,909 | €1,244,906 | -€120,003 | -8.8% |
| Equity | 10/15 | €153,995 | €77,327 | -€76,668 | -49.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €135,395 | €58,727 | -€76,668 | -56.6% |
| Distributable reserves | 133 | €135,395 | €58,727 | -€76,668 | -56.6% |
| Amounts payable | 17/49 | €1,210,913 | €1,167,579 | -€43,334 | -3.6% |
| Amounts payable after more than one year | 17 | €35,932 | €22,310 | -€13,622 | -37.9% |
| Financial debts | 170/4 | €35,932 | €22,310 | -€13,622 | -37.9% |
| Amounts payable within one year | 42/48 | €1,174,981 | €1,145,269 | -€29,712 | -2.5% |
| Current portion of amounts payable after more than one year | 42 | €13,271 | €13,622 | +€351 | +2.6% |
| Trade debts | 44 | €1,899 | €418 | -€1,481 | -78.0% |
| Suppliers | 440/4 | €1,899 | €418 | -€1,481 | -78.0% |
| Other amounts payable | 47/48 | €1,159,811 | €1,131,229 | -€28,583 | -2.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €69,500 | €69,500 | = | 0.0% |
| Other operating charges | 640/8 | €1,318 | €998 | -€319 | -24.2% |
| Gross operating margin | 9900 | -€42,075 | -€2,329 | +€39,745 | +94.5% |
| Operating profit (loss) | 9901 | -€112,892 | -€72,828 | +€40,064 | +35.5% |
| Financial income | 75/76B | €10,123 | €9,454 | -€669 | -6.6% |
| Recurring financial income | 75 | €10,123 | €9,454 | -€669 | -6.6% |
| Financial charges | 65/66B | €13,489 | €13,294 | -€195 | -1.4% |
| Recurring financial charges | 65 | €13,489 | €13,294 | -€195 | -1.4% |
| Profit (loss) for the period before taxes | 9903 | -€116,259 | -€76,668 | +€39,590 | +34.1% |
| Profit (loss) for the period | 9904 | -€116,259 | -€76,668 | +€39,590 | +34.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€116,259 | -€76,668 | +€39,590 | +34.1% |
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 21 October 2026 via checked.be.