BEAUBOURG PROJECTS: 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.
BEAUBOURG PROJECTS
Largest movements
- Tangible fixed assets -€153,031
down €153,031 (-5.9%), from €2.6m to €2.4m
- Stocks and contracts +€43,961
up €43,961 (+85.2%), from €51,579 to €95,541
- Profit (loss) carried forward -€143,089
down €143,089 (-16.6%), from -€860,230 to -€1.0m
- Revaluation surpluses -€105,146
down €105,146 (-7.5%), from €1.4m to €1.3m
- Reserves +€105,146
up €105,146 (+36.4%), from €289,223 to €394,368
- Other debts +€85,300
up €85,300 (+38.2%), from €223,414 to €308,714
- Current portion of long-term debt -€50,000
down €50,000 (-100%), from €50,000 to €0
- Financial income -€11,807
down €11,807 (-100%), from €11,807 to €0
- Financial charges -€10,740
down €10,740 (-12.0%), from €89,368 to €78,628
- Other operating charges +€3,458
up €3,458 (+893%), from €387 to €3,845
- Gross operating margin -€2,137
down €2,137 (-2.3%), from €94,551 to €92,415
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,654,740 | €2,541,007 | -€113,733 | -4.3% |
| Fixed assets | 21/28 | €2,597,431 | €2,444,400 | -€153,031 | -5.9% |
| Tangible fixed assets | 22/27 | €2,597,431 | €2,444,400 | -€153,031 | -5.9% |
| Land and buildings | 22 | €2,597,431 | €2,444,400 | -€153,031 | -5.9% |
| Current assets | 29/58 | €57,309 | €96,607 | +€39,298 | +68.6% |
| Stocks and contracts in progress | 3 | €51,579 | €95,541 | +€43,961 | +85.2% |
| Stocks | 30/36 | €51,579 | €95,541 | +€43,961 | +85.2% |
| Amounts receivable within one year | 40/41 | €0 | - | = | |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €0 | - | = | |
| Deferred charges and accrued income | 490/1 | €5,729 | €1,066 | -€4,663 | -81.4% |
| Total equity and liabilities | 10/49 | €2,654,740 | €2,541,007 | -€113,733 | -4.3% |
| Equity | 10/15 | €840,701 | €697,612 | -€143,089 | -17.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Revaluation surpluses | 12 | €1,393,108 | €1,287,963 | -€105,146 | -7.5% |
| Reserves | 13 | €289,223 | €394,368 | +€105,146 | +36.4% |
| Distributable reserves | 133 | €289,223 | €394,368 | +€105,146 | +36.4% |
| Profit (loss) carried forward | 14 | -€860,230 | -€1,003,319 | -€143,089 | -16.6% |
| Amounts payable | 17/49 | €1,814,039 | €1,843,395 | +€29,356 | +1.6% |
| Amounts payable after more than one year | 17 | €1,512,500 | €1,512,500 | = | 0.0% |
| Financial debts | 170/4 | €1,512,500 | €1,512,500 | = | 0.0% |
| Amounts payable within one year | 42/48 | €293,205 | €322,139 | +€28,933 | +9.9% |
| Current portion of amounts payable after more than one year | 42 | €50,000 | €0 | -€50,000 | -100% |
| Financial debts | 43 | €12,932 | €4,747 | -€8,185 | -63.3% |
| Credit institutions | 430/8 | €12,932 | €4,747 | -€8,185 | -63.3% |
| Trade debts | 44 | €6,859 | €8,497 | +€1,637 | +23.9% |
| Suppliers | 440/4 | €6,859 | €8,497 | +€1,637 | +23.9% |
| Taxes, remuneration and social security | 45 | - | €181 | +€181 | |
| Taxes | 450/3 | - | €181 | +€181 | |
| Other amounts payable | 47/48 | €223,414 | €308,714 | +€85,300 | +38.2% |
| Accrued charges and deferred income | 492/3 | €8,333 | €8,756 | +€423 | +5.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €152,449 | €153,031 | +€582 | +0.4% |
| Other operating charges | 640/8 | €387 | €3,845 | +€3,458 | +893% |
| Gross operating margin | 9900 | €94,551 | €92,415 | -€2,137 | -2.3% |
| Operating profit (loss) | 9901 | -€58,285 | -€64,462 | -€6,177 | -10.6% |
| Financial income | 75/76B | €11,807 | €0 | -€11,807 | -100% |
| Recurring financial income | 75 | €11,807 | €0 | -€11,807 | -100% |
| Financial charges | 65/66B | €89,368 | €78,628 | -€10,740 | -12.0% |
| Recurring financial charges | 65 | €89,368 | €78,628 | -€10,740 | -12.0% |
| Profit (loss) for the period before taxes | 9903 | -€135,845 | -€143,089 | -€7,244 | -5.3% |
| Profit (loss) for the period | 9904 | -€135,845 | -€143,089 | -€7,244 | -5.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€135,845 | -€143,089 | -€7,244 | -5.3% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.