BEAUFORT: 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.
BEAUFORT
Largest movements
- Receivables within one year -€26,727
down €26,727 (-62.2%), from €42,965 to €16,238
of which Trade receivables: -€26,727
- Cash +€5,868
new in 2025: €5,868
mainly Receivables within one year (+€26,727) and Trade debts (+€5,542)
- Tangible fixed assets -€4,374
down €4,374 (-31.3%), from €13,986 to €9,612
- Deferred charges and accrued income -€4,075
down €4,075 (-74.2%), from €5,490 to €1,414
- Profit (loss) carried forward -€23,866
down €23,866 (-56.4%), from -€42,324 to -€66,189
- Trade debts +€5,542
up €5,542 (+65.0%), from €8,529 to €14,071
- Current portion of long-term debt -€3,994
down €3,994 (-83.0%), from €4,814 to €820
- Other debts -€3,177
down €3,177 (-3.7%), from €86,834 to €83,656
- Tax, wage and social debts -€1,622
down €1,622 (-45.0%), from €3,604 to €1,983
- Gross operating margin -€10,454
down €10,454 (-424%), from -€2,463 to -€12,917
- Write-downs +€1,196
new in 2025: €1,196
- Financial income +€515
up €515 (+325%), from €158 to €673
- Financial charges -€404
down €404 (-8.2%), from €4,941 to €4,536
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 | €114,941 | €85,632 | -€29,308 | -25.5% |
| Fixed assets | 21/28 | €36,486 | €32,112 | -€4,374 | -12.0% |
| Tangible fixed assets | 22/27 | €13,986 | €9,612 | -€4,374 | -31.3% |
| Furniture and vehicles | 24 | €13,986 | €9,612 | -€4,374 | -31.3% |
| Financial fixed assets | 28 | €22,500 | €22,500 | = | 0.0% |
| Current assets | 29/58 | €78,455 | €53,521 | -€24,934 | -31.8% |
| Amounts receivable within one year | 40/41 | €42,965 | €16,238 | -€26,727 | -62.2% |
| Trade receivables | 40 | €42,631 | €15,905 | -€26,727 | -62.7% |
| Other amounts receivable | 41 | €334 | €334 | = | 0.0% |
| Current investments | 50/53 | €30,000 | €30,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | - | €5,868 | +€5,868 | |
| Deferred charges and accrued income | 490/1 | €5,490 | €1,414 | -€4,075 | -74.2% |
| Total equity and liabilities | 10/49 | €114,941 | €85,632 | -€29,308 | -25.5% |
| Equity | 10/15 | €8,968 | -€14,898 | -€23,866 | |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €45,091 | €45,091 | = | 0.0% |
| Distributable reserves | 133 | €45,091 | €45,091 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€42,324 | -€66,189 | -€23,866 | -56.4% |
| Amounts payable | 17/49 | €105,973 | €100,530 | -€5,443 | -5.1% |
| Amounts payable after more than one year | 17 | €820 | €0 | -€820 | -100% |
| Financial debts | 170/4 | €820 | €0 | -€820 | -100% |
| Amounts payable within one year | 42/48 | €105,153 | €100,530 | -€4,623 | -4.4% |
| Current portion of amounts payable after more than one year | 42 | €4,814 | €820 | -€3,994 | -83.0% |
| Financial debts | 43 | €1,371 | €0 | -€1,371 | -100% |
| Credit institutions | 430/8 | €1,371 | €0 | -€1,371 | -100% |
| Trade debts | 44 | €8,529 | €14,071 | +€5,542 | +65.0% |
| Suppliers | 440/4 | €8,529 | €14,071 | +€5,542 | +65.0% |
| Taxes, remuneration and social security | 45 | €3,604 | €1,983 | -€1,622 | -45.0% |
| Taxes | 450/3 | €3,604 | €1,983 | -€1,622 | -45.0% |
| Other amounts payable | 47/48 | €86,834 | €83,656 | -€3,177 | -3.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,374 | €4,374 | = | 0.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €1,196 | +€1,196 | |
| Other operating charges | 640/8 | €1,090 | €1,085 | -€4 | -0.4% |
| Gross operating margin | 9900 | -€2,463 | -€12,917 | -€10,454 | -424% |
| Operating profit (loss) | 9901 | -€7,928 | -€19,573 | -€11,645 | -147% |
| Financial income | 75/76B | €158 | €673 | +€515 | +325% |
| Recurring financial income | 75 | €158 | €673 | +€515 | +325% |
| Financial charges | 65/66B | €4,941 | €4,536 | -€404 | -8.2% |
| Recurring financial charges | 65 | €4,941 | €4,536 | -€404 | -8.2% |
| Profit (loss) for the period before taxes | 9903 | -€12,710 | -€23,436 | -€10,726 | -84.4% |
| Income taxes | 67/77 | €334 | €429 | +€95 | +28.5% |
| Profit (loss) for the period | 9904 | -€13,044 | -€23,866 | -€10,821 | -83.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€13,044 | -€23,866 | -€10,821 | -83.0% |
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 17 October 2026 via checked.be.