BEAUCOR: what changed
Two fiscal 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.
BEAUCOR
Largest movements
- Current investments +€333,156
up €333,156 (+278.7%), from €119,535 to €452,691
- Tangible fixed assets -€143,064
down €143,064 (-4.5%), from €3.2m to €3.0m
- Other debts +€254,137
up €254,137 (+53.9%), from €471,149 to €725,286
- Debts after one year -€220,685
down €220,685 (-25.7%), from €858,104 to €637,419
- Reserves +€160,573
up €160,573 (+8.7%), from €1.8m to €2.0m
of which Distributable reserves: +€202,673
- Gross operating margin +€47,532
up €47,532 (+12.1%), from €393,477 to €441,008
- Financial charges +€14,945
up €14,945 (+30.4%), from €49,141 to €64,085
- Financial income -€11,001
down €11,001 (-44.2%), from €24,913 to €13,912
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.
Cash bridge derived
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 | €3,482,774 | €3,666,900 | +€184,126 | +5.3% |
| Fixed assets | 21/28 | €3,173,374 | €3,030,311 | -€143,064 | -4.5% |
| Tangible fixed assets | 22/27 | €3,170,874 | €3,027,811 | -€143,064 | -4.5% |
| Land and buildings | 22 | €1,093,380 | €1,034,868 | -€58,512 | -5.4% |
| Furniture and vehicles | 24 | €38,983 | €23,362 | -€15,621 | -40.1% |
| Other tangible fixed assets | 26 | €2,038,512 | €1,969,581 | -€68,931 | -3.4% |
| Financial fixed assets | 28 | €2,500 | €2,500 | = | 0.0% |
| Current assets | 29/58 | €309,399 | €636,589 | +€327,190 | +105.8% |
| Current investments | 50/53 | €119,535 | €452,691 | +€333,156 | +278.7% |
| Cash at bank and in hand | 54/58 | €183,222 | €175,830 | -€7,392 | -4.0% |
| Deferred charges and accrued income | 490/1 | €6,642 | €8,068 | +€1,427 | +21.5% |
| Total equity and liabilities | 10/49 | €3,482,774 | €3,666,900 | +€184,126 | +5.3% |
| Equity | 10/15 | €1,855,417 | €2,015,990 | +€160,573 | +8.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,836,817 | €1,997,390 | +€160,573 | +8.7% |
| Tax-exempt reserves | 132 | €42,100 | €0 | -€42,100 | -100.0% |
| Distributable reserves | 133 | €1,794,717 | €1,997,390 | +€202,673 | +11.3% |
| Amounts payable | 17/49 | €1,627,357 | €1,650,910 | +€23,554 | +1.4% |
| Amounts payable after more than one year | 17 | €858,104 | €637,419 | -€220,685 | -25.7% |
| Financial debts | 170/4 | €858,104 | €637,419 | -€220,685 | -25.7% |
| Amounts payable within one year | 42/48 | €727,524 | €975,810 | +€248,286 | +34.1% |
| Current portion of amounts payable after more than one year | 42 | €220,552 | €220,685 | +€132 | +0.1% |
| Financial debts | 43 | €688 | €0 | -€688 | -100.0% |
| Credit institutions | 430/8 | €688 | €0 | -€688 | -100.0% |
| Trade debts | 44 | €217 | €972 | +€755 | +347.6% |
| Suppliers | 440/4 | €217 | €972 | +€755 | +347.6% |
| Taxes, remuneration and social security | 45 | €34,917 | €28,867 | -€6,050 | -17.3% |
| Taxes | 450/3 | €34,917 | €28,867 | -€6,050 | -17.3% |
| Other amounts payable | 47/48 | €471,149 | €725,286 | +€254,137 | +53.9% |
| Accrued charges and deferred income | 492/3 | €41,728 | €37,681 | -€4,047 | -9.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €145,552 | €145,062 | -€490 | -0.3% |
| Other operating charges | 640/8 | €10,731 | €10,836 | +€105 | +1.0% |
| Gross operating margin | 9900 | €393,477 | €441,008 | +€47,532 | +12.1% |
| Operating profit (loss) | 9901 | €237,194 | €285,111 | +€47,916 | +20.2% |
| Financial income | 75/76B | €24,913 | €13,912 | -€11,001 | -44.2% |
| Recurring financial income | 75 | €24,913 | €13,912 | -€11,001 | -44.2% |
| Financial charges | 65/66B | €49,141 | €64,085 | +€14,945 | +30.4% |
| Recurring financial charges | 65 | €49,141 | €64,085 | +€14,945 | +30.4% |
| Profit (loss) for the period before taxes | 9903 | €212,967 | €234,937 | +€21,971 | +10.3% |
| Income taxes | 67/77 | €72,404 | €74,365 | +€1,960 | +2.7% |
| Profit (loss) for the period | 9904 | €140,562 | €160,573 | +€20,011 | +14.2% |
| Transfer from tax-exempt reserves | 789 | €42,100 | €42,100 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €182,662 | €202,673 | +€20,011 | +11.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.