Beau Deco Project: 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.
Beau Deco Project
Largest movements
- Cash +€99,294
up €99,294 (+83.7%), from €118,701 to €217,995
mainly Net result for the year (+€99,984) and Trade debts (+€20,073)
- Receivables within one year +€17,227
up €17,227 (+110%), from €15,670 to €32,897
- Reserves +€99,984
up €99,984 (+88.3%), from €113,199 to €213,183
- Trade debts +€20,073
up €20,073 (+490%), from €4,094 to €24,168
- Other debts -€9,586
down €9,586 (-69.1%), from €13,866 to €4,280
- Tax, wage and social debts +€6,683
up €6,683 (+196%), from €3,414 to €10,096
- Gross operating margin +€53,210
up €53,210 (+53.6%), from €99,342 to €152,553
- Staff costs +€13,187
new in 2025: €13,187
- Taxes +€10,096
up €10,096 (+42.8%), from €23,603 to €33,699
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 | €140,556 | €257,332 | +€116,776 | +83.1% |
| Fixed assets | 21/28 | €5,560 | €4,724 | -€836 | -15.0% |
| Tangible fixed assets | 22/27 | €5,560 | €4,724 | -€836 | -15.0% |
| Plant, machinery and equipment | 23 | €3,965 | €999 | -€2,966 | -74.8% |
| Furniture and vehicles | 24 | €1,595 | €3,725 | +€2,129 | +133% |
| Current assets | 29/58 | €134,996 | €252,608 | +€117,612 | +87.1% |
| Amounts receivable within one year | 40/41 | €15,670 | €32,897 | +€17,227 | +110% |
| Trade receivables | 40 | €15,670 | €32,897 | +€17,227 | +110% |
| Cash at bank and in hand | 54/58 | €118,701 | €217,995 | +€99,294 | +83.7% |
| Deferred charges and accrued income | 490/1 | €626 | €1,717 | +€1,091 | +174% |
| Total equity and liabilities | 10/49 | €140,556 | €257,332 | +€116,776 | +83.1% |
| Equity | 10/15 | €118,199 | €218,183 | +€99,984 | +84.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €113,199 | €213,183 | +€99,984 | +88.3% |
| Distributable reserves | 133 | €113,199 | €213,183 | +€99,984 | +88.3% |
| Amounts payable | 17/49 | €22,357 | €39,149 | +€16,792 | +75.1% |
| Amounts payable within one year | 42/48 | €21,374 | €38,544 | +€17,170 | +80.3% |
| Trade debts | 44 | €4,094 | €24,168 | +€20,073 | +490% |
| Suppliers | 440/4 | €4,094 | €24,168 | +€20,073 | +490% |
| Taxes, remuneration and social security | 45 | €3,414 | €10,096 | +€6,683 | +196% |
| Taxes | 450/3 | €3,414 | €10,096 | +€6,683 | +196% |
| Other amounts payable | 47/48 | €13,866 | €4,280 | -€9,586 | -69.1% |
| Accrued charges and deferred income | 492/3 | €983 | €605 | -€379 | -38.5% |
| Remuneration, social security and pensions | 62 | - | €13,187 | +€13,187 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,854 | €3,662 | -€192 | -5.0% |
| Other operating charges | 640/8 | €1,632 | €1,438 | -€194 | -11.9% |
| Gross operating margin | 9900 | €99,342 | €152,553 | +€53,210 | +53.6% |
| Operating profit (loss) | 9901 | €93,856 | €134,266 | +€40,410 | +43.1% |
| Financial income | 75/76B | €4 | €0 | -€4 | -100% |
| Recurring financial income | 75 | €4 | €0 | -€4 | -100% |
| Financial charges | 65/66B | €1,125 | €583 | -€542 | -48.2% |
| Recurring financial charges | 65 | €1,125 | €583 | -€542 | -48.2% |
| Profit (loss) for the period before taxes | 9903 | €92,735 | €133,683 | +€40,948 | +44.2% |
| Income taxes | 67/77 | €23,603 | €33,699 | +€10,096 | +42.8% |
| Profit (loss) for the period | 9904 | €69,132 | €99,984 | +€30,852 | +44.6% |
| Profit (loss) for the period to be appropriated | 9905 | €69,132 | €99,984 | +€30,852 | +44.6% |
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 14 October 2026 via checked.be.