Beau4: what changed
Beau4
Largest movements
- Intangible fixed assets -€133,563
down €133,563 (-24.4%), from €548,252 to €414,689
- Deferred charges and accrued income +€91,766
up €91,766 (+36.3%), from €252,917 to €344,684
- Tangible fixed assets -€64,004
down €64,004 (-17.0%), from €376,743 to €312,739
of which Other tangible fixed assets: -€45,470
- Cash -€45,346
down €45,346 (-75.6%), from €60,000 to €14,654
mainly Debts after one year (-€285,878) and Deferred charges and accrued income (-€91,766)
- Debts after one year -€285,878
down €285,878 (-36.2%), from €790,678 to €504,800
- Tax, wage and social debts +€43,738
up €43,738 (+139%), from €31,384 to €75,121
of which Remuneration and social security: +€32,124
- Reserves +€38,531
up €38,531 (+31.0%), from €124,487 to €163,018
of which Distributable reserves: +€38,531
- Other debts +€32,637
up €32,637 (+44.2%), from €73,911 to €106,548
- Trade debts +€20,342
up €20,342 (+146%), from €13,917 to €34,259
- Gross operating margin +€134,881
up €134,881 (+22.4%), from €602,038 to €736,919
- Staff costs +€79,497
up €79,497 (+28.4%), from €280,223 to €359,720
- Taxes +€12,434
up €12,434 (+120%), from €10,363 to €22,798
- Financial charges -€11,044
down €11,044 (-32.5%), from €33,978 to €22,934
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,248,549 | €1,092,765 | -€155,784 | -12.5% |
| Fixed assets | 21/28 | €930,995 | €733,428 | -€197,567 | -21.2% |
| Intangible fixed assets | 21 | €548,252 | €414,689 | -€133,563 | -24.4% |
| Tangible fixed assets | 22/27 | €376,743 | €312,739 | -€64,004 | -17.0% |
| Land and buildings | 22 | €102,105 | €84,471 | -€17,634 | -17.3% |
| Plant, machinery and equipment | 23 | €9,362 | €15,130 | +€5,768 | +61.6% |
| Furniture and vehicles | 24 | €31,290 | €24,621 | -€6,669 | -21.3% |
| Other tangible fixed assets | 26 | €233,986 | €188,517 | -€45,470 | -19.4% |
| Financial fixed assets | 28 | €6,000 | €6,000 | = | 0.0% |
| Current assets | 29/58 | €317,554 | €359,337 | +€41,783 | +13.2% |
| Amounts receivable within one year | 40/41 | €4,637 | - | -€4,637 | |
| Other amounts receivable | 41 | €4,637 | - | -€4,637 | |
| Cash at bank and in hand | 54/58 | €60,000 | €14,654 | -€45,346 | -75.6% |
| Deferred charges and accrued income | 490/1 | €252,917 | €344,684 | +€91,766 | +36.3% |
| Total equity and liabilities | 10/49 | €1,248,549 | €1,092,765 | -€155,784 | -12.5% |
| Equity | 10/15 | €144,947 | €183,478 | +€38,531 | +26.6% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Reserves | 13 | €124,487 | €163,018 | +€38,531 | +31.0% |
| Tax-exempt reserves | 132 | €243 | €243 | = | 0.0% |
| Distributable reserves | 133 | €124,244 | €162,775 | +€38,531 | +31.0% |
| Amounts payable | 17/49 | €1,103,602 | €909,287 | -€194,315 | -17.6% |
| Amounts payable after more than one year | 17 | €790,678 | €504,800 | -€285,878 | -36.2% |
| Financial debts | 170/4 | €790,678 | €504,800 | -€285,878 | -36.2% |
| Amounts payable within one year | 42/48 | €312,924 | €404,488 | +€91,564 | +29.3% |
| Current portion of amounts payable after more than one year | 42 | €193,713 | €188,560 | -€5,153 | -2.7% |
| Trade debts | 44 | €13,917 | €34,259 | +€20,342 | +146% |
| Suppliers | 440/4 | €13,917 | €34,259 | +€20,342 | +146% |
| Taxes, remuneration and social security | 45 | €31,384 | €75,121 | +€43,738 | +139% |
| Taxes | 450/3 | - | €11,614 | +€11,614 | |
| Remuneration and social security | 454/9 | €31,384 | €63,508 | +€32,124 | +102% |
| Other amounts payable | 47/48 | €73,911 | €106,548 | +€32,637 | +44.2% |
| Remuneration, social security and pensions | 62 | €280,223 | €359,720 | +€79,497 | +28.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €206,996 | €207,571 | +€575 | +0.3% |
| Other operating charges | 640/8 | €2,967 | €5,982 | +€3,015 | +102% |
| Gross operating margin | 9900 | €602,038 | €736,919 | +€134,881 | +22.4% |
| Operating profit (loss) | 9901 | €111,852 | €163,645 | +€51,793 | +46.3% |
| Financial income | 75/76B | €1 | €617 | +€617 | +102,752% |
| Recurring financial income | 75 | €1 | €617 | +€617 | +102,752% |
| Financial charges | 65/66B | €33,978 | €22,934 | -€11,044 | -32.5% |
| Recurring financial charges | 65 | €33,978 | €22,934 | -€11,044 | -32.5% |
| Profit (loss) for the period before taxes | 9903 | €77,875 | €141,329 | +€63,454 | +81.5% |
| Income taxes | 67/77 | €10,363 | €22,798 | +€12,434 | +120% |
| Profit (loss) for the period | 9904 | €67,512 | €118,531 | +€51,020 | +75.6% |
| Profit (loss) for the period to be appropriated | 9905 | €67,512 | €118,531 | +€51,020 | +75.6% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.