Beau et Len: 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 et Len
Largest movements
- Stocks and contracts +€149,946
up €149,946 (+119%), from €126,365 to €276,311
- Cash +€140,186
up €140,186 (+230%), from €60,943 to €201,129
mainly Net result for the year (+€164,726) and Short-term financial debts (+€100,000)
- Short-term financial debts +€100,000
up €100,000, from €0 to €100,000
- Reserves +€92,726
up €92,726 (+93.7%), from €99,003 to €191,729
- Trade debts +€72,688
up €72,688 (+246%), from €29,507 to €102,196
- Tax, wage and social debts +€26,660
up €26,660 (+1,217%), from €2,191 to €28,851
- Other debts +€12,000
up €12,000 (+20.0%), from €60,000 to €72,000
- Gross operating margin +€64,354
up €64,354 (+38.2%), from €168,404 to €232,757
- Taxes +€22,105
up €22,105 (+62.1%), from €35,591 to €57,696
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 | €205,908 | €502,845 | +€296,937 | +144% |
| Fixed assets | 21/28 | €4,781 | €6,645 | +€1,864 | +39.0% |
| Tangible fixed assets | 22/27 | €4,781 | €6,645 | +€1,864 | +39.0% |
| Plant, machinery and equipment | 23 | €4,781 | €6,645 | +€1,864 | +39.0% |
| Current assets | 29/58 | €201,127 | €496,200 | +€295,073 | +147% |
| Stocks and contracts in progress | 3 | €126,365 | €276,311 | +€149,946 | +119% |
| Stocks | 30/36 | €126,365 | €276,311 | +€149,946 | +119% |
| Amounts receivable within one year | 40/41 | €13,621 | €18,014 | +€4,393 | +32.2% |
| Trade receivables | 40 | €4,493 | €8,320 | +€3,827 | +85.2% |
| Other amounts receivable | 41 | €9,128 | €9,694 | +€566 | +6.2% |
| Cash at bank and in hand | 54/58 | €60,943 | €201,129 | +€140,186 | +230% |
| Deferred charges and accrued income | 490/1 | €198 | €746 | +€548 | +277% |
| Total equity and liabilities | 10/49 | €205,908 | €502,845 | +€296,937 | +144% |
| Equity | 10/15 | €104,003 | €196,729 | +€92,726 | +89.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €99,003 | €191,729 | +€92,726 | +93.7% |
| Distributable reserves | 133 | €99,003 | €191,729 | +€92,726 | +93.7% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €101,905 | €306,116 | +€204,211 | +200% |
| Amounts payable after more than one year | 17 | €3,070 | €0 | -€3,070 | -100% |
| Financial debts | 170/4 | €3,070 | €0 | -€3,070 | -100% |
| Amounts payable within one year | 42/48 | €98,812 | €306,116 | +€207,305 | +210% |
| Current portion of amounts payable after more than one year | 42 | €7,113 | €3,070 | -€4,043 | -56.8% |
| Financial debts | 43 | €0 | €100,000 | +€100,000 | |
| Credit institutions | 430/8 | €0 | €100,000 | +€100,000 | |
| Trade debts | 44 | €29,507 | €102,196 | +€72,688 | +246% |
| Suppliers | 440/4 | €29,507 | €102,196 | +€72,688 | +246% |
| Taxes, remuneration and social security | 45 | €2,191 | €28,851 | +€26,660 | +1,217% |
| Taxes | 450/3 | €2,191 | €28,851 | +€26,660 | +1,217% |
| Other amounts payable | 47/48 | €60,000 | €72,000 | +€12,000 | +20.0% |
| Accrued charges and deferred income | 492/3 | €24 | €0 | -€24 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €857 | €1,144 | +€288 | +33.6% |
| Other operating charges | 640/8 | €3,944 | €4,260 | +€316 | +8.0% |
| Gross operating margin | 9900 | €168,404 | €232,757 | +€64,354 | +38.2% |
| Operating profit (loss) | 9901 | €163,603 | €227,353 | +€63,750 | +39.0% |
| Financial income | 75/76B | €36 | €140 | +€104 | +293% |
| Recurring financial income | 75 | €36 | €140 | +€104 | +293% |
| Financial charges | 65/66B | €3,618 | €5,071 | +€1,453 | +40.2% |
| Recurring financial charges | 65 | €3,618 | €5,071 | +€1,453 | +40.2% |
| Profit (loss) for the period before taxes | 9903 | €160,020 | €222,422 | +€62,402 | +39.0% |
| Income taxes | 67/77 | €35,591 | €57,696 | +€22,105 | +62.1% |
| Profit (loss) for the period | 9904 | €124,429 | €164,726 | +€40,296 | +32.4% |
| Profit (loss) for the period to be appropriated | 9905 | €124,429 | €164,726 | +€40,296 | +32.4% |
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 27 October 2026 via checked.be.