BEAULIEU: 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.
BEAULIEU
Largest movements
- Receivables within one year -€68,311
down €68,311 (-64.9%), from €105,182 to €36,871
of which Trade receivables: -€67,341
- Tangible fixed assets -€33,339
down €33,339 (-2.7%), from €1.2m to €1.2m
of which Land and buildings: -€32,400
- Cash +€27,958
up €27,958 (+118.7%), from €23,551 to €51,509
mainly Receivables within one year (+€68,311) and Depreciation (+€53,313)
- Debts after one year -€47,754
down €47,754 (-4.4%), from €1.1m to €1.0m
of which Financial debts: -€47,754
- Trade debts -€23,387
down €23,387 (-60.8%), from €38,449 to €15,062
- Gross operating margin -€17,726
down €17,726 (-17.1%), from €103,811 to €86,085
- Other operating charges -€10,353
down €10,353 (-45.2%), from €22,915 to €12,562
- Financial charges -€6,540
down €6,540 (-28.2%), from €23,181 to €16,641
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 | €1,354,072 | €1,280,419 | -€73,653 | -5.4% |
| Fixed assets | 21/28 | €1,223,857 | €1,190,518 | -€33,339 | -2.7% |
| Tangible fixed assets | 22/27 | €1,223,857 | €1,190,518 | -€33,339 | -2.7% |
| Land and buildings | 22 | €1,218,760 | €1,186,361 | -€32,400 | -2.7% |
| Furniture and vehicles | 24 | €5,097 | €4,158 | -€939 | -18.4% |
| Current assets | 29/58 | €130,214 | €89,900 | -€40,314 | -31.0% |
| Amounts receivable within one year | 40/41 | €105,182 | €36,871 | -€68,311 | -64.9% |
| Trade receivables | 40 | €104,153 | €36,811 | -€67,341 | -64.7% |
| Other amounts receivable | 41 | €1,029 | €60 | -€970 | -94.2% |
| Cash at bank and in hand | 54/58 | €23,551 | €51,509 | +€27,958 | +118.7% |
| Deferred charges and accrued income | 490/1 | €1,481 | €1,520 | +€39 | +2.7% |
| Total equity and liabilities | 10/49 | €1,354,072 | €1,280,419 | -€73,653 | -5.4% |
| Equity | 10/15 | €172,760 | €175,292 | +€2,532 | +1.5% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €6,197 | €6,197 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,197 | €6,197 | = | 0.0% |
| Legal reserve | 130 | €6,197 | €6,197 | = | 0.0% |
| Profit (loss) carried forward | 14 | €104,590 | €107,121 | +€2,532 | +2.4% |
| Amounts payable | 17/49 | €1,181,311 | €1,105,127 | -€76,185 | -6.4% |
| Amounts payable after more than one year | 17 | €1,087,629 | €1,039,875 | -€47,754 | -4.4% |
| Financial debts | 170/4 | €344,285 | €296,531 | -€47,754 | -13.9% |
| Other amounts payable | 178/9 | €743,344 | €743,344 | = | 0.0% |
| Amounts payable within one year | 42/48 | €93,682 | €65,251 | -€28,431 | -30.3% |
| Current portion of amounts payable after more than one year | 42 | €46,837 | €46,837 | = | 0.0% |
| Trade debts | 44 | €38,449 | €15,062 | -€23,387 | -60.8% |
| Suppliers | 440/4 | €38,449 | €15,062 | -€23,387 | -60.8% |
| Taxes, remuneration and social security | 45 | €8,395 | €3,352 | -€5,043 | -60.1% |
| Taxes | 450/3 | €8,395 | €3,352 | -€5,043 | -60.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €53,143 | €53,313 | +€171 | +0.3% |
| Other operating charges | 640/8 | €22,915 | €12,562 | -€10,353 | -45.2% |
| Non-recurring operating charges | 66A | €800 | - | -€800 | |
| Gross operating margin | 9900 | €103,811 | €86,085 | -€17,726 | -17.1% |
| Operating profit (loss) | 9901 | €26,954 | €20,210 | -€6,744 | -25.0% |
| Financial charges | 65/66B | €23,181 | €16,641 | -€6,540 | -28.2% |
| Recurring financial charges | 65 | €23,181 | €16,641 | -€6,540 | -28.2% |
| Profit (loss) for the period before taxes | 9903 | €3,774 | €3,570 | -€204 | -5.4% |
| Income taxes | 67/77 | €1,534 | €1,038 | -€496 | -32.3% |
| Profit (loss) for the period | 9904 | €2,240 | €2,532 | +€291 | +13.0% |
| Profit (loss) for the period to be appropriated | 9905 | €2,240 | €2,532 | +€291 | +13.0% |
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 2 October 2026 via checked.be.