BEAULIEU ANTWERP: 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.
BEAULIEU ANTWERP
Largest movements
- Cash -€41,411
down €41,411 (-68.8%), from €60,184 to €18,773
mainly Stocks and contracts (-€25,500) and Receivables within one year (-€22,773)
- Stocks and contracts +€25,500
up €25,500 (+13.5%), from €189,502 to €215,002
- Receivables within one year +€22,773
up €22,773 (+53.0%), from €42,976 to €65,748
- Tangible fixed assets +€13,744
up €13,744 (+115%), from €11,952 to €25,696
of which Furniture and vehicles: +€13,248
- Other debts +€14,350
up €14,350 (+7.0%), from €206,085 to €220,434
- Short-term financial debts +€9,364
new in 2025: €9,364
- Trade debts -€4,190
down €4,190 (-30.5%), from €13,720 to €9,530
- Gross operating margin +€23,937
up €23,937 (+75.3%), from €31,771 to €55,708
- Staff costs +€15,525
up €15,525 (+78.1%), from €19,883 to €35,407
- Depreciation +€3,851
up €3,851 (+249%), from €1,547 to €5,398
- Taxes +€1,926
up €1,926 (+133%), from €1,444 to €3,370
- Other operating charges -€1,768
down €1,768 (-61.9%), from €2,857 to €1,089
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 | €305,966 | €327,457 | +€21,491 | +7.0% |
| Fixed assets | 21/28 | €12,252 | €25,996 | +€13,744 | +112% |
| Tangible fixed assets | 22/27 | €11,952 | €25,696 | +€13,744 | +115% |
| Plant, machinery and equipment | 23 | €11,952 | €10,431 | -€1,522 | -12.7% |
| Furniture and vehicles | 24 | - | €13,248 | +€13,248 | |
| Other tangible fixed assets | 26 | - | €2,018 | +€2,018 | |
| Financial fixed assets | 28 | €300 | €300 | = | 0.0% |
| Current assets | 29/58 | €293,714 | €301,461 | +€7,747 | +2.6% |
| Stocks and contracts in progress | 3 | €189,502 | €215,002 | +€25,500 | +13.5% |
| Stocks | 30/36 | €189,502 | €215,002 | +€25,500 | +13.5% |
| Amounts receivable within one year | 40/41 | €42,976 | €65,748 | +€22,773 | +53.0% |
| Trade receivables | 40 | €42,976 | €65,748 | +€22,773 | +53.0% |
| Cash at bank and in hand | 54/58 | €60,184 | €18,773 | -€41,411 | -68.8% |
| Deferred charges and accrued income | 490/1 | €1,053 | €1,938 | +€885 | +84.0% |
| Total equity and liabilities | 10/49 | €305,966 | €327,457 | +€21,491 | +7.0% |
| Equity | 10/15 | €73,143 | €75,447 | +€2,305 | +3.2% |
| Contributions | 10/11 | €14,874 | €14,874 | = | 0.0% |
| Reserves | 13 | €699 | €699 | = | 0.0% |
| Non-distributable reserves | 130/1 | €699 | €699 | = | 0.0% |
| Reserves not available under the articles | 1311 | €699 | €699 | = | 0.0% |
| Profit (loss) carried forward | 14 | €57,570 | €59,875 | +€2,305 | +4.0% |
| Amounts payable | 17/49 | €232,824 | €252,010 | +€19,186 | +8.2% |
| Amounts payable within one year | 42/48 | €231,781 | €252,010 | +€20,229 | +8.7% |
| Financial debts | 43 | - | €9,364 | +€9,364 | |
| Credit institutions | 430/8 | - | €9,364 | +€9,364 | |
| Trade debts | 44 | €13,720 | €9,530 | -€4,190 | -30.5% |
| Suppliers | 440/4 | €13,720 | €9,530 | -€4,190 | -30.5% |
| Taxes, remuneration and social security | 45 | €11,977 | €12,682 | +€705 | +5.9% |
| Taxes | 450/3 | €9,419 | €11,923 | +€2,504 | +26.6% |
| Remuneration and social security | 454/9 | €2,558 | €759 | -€1,799 | -70.3% |
| Other amounts payable | 47/48 | €206,085 | €220,434 | +€14,350 | +7.0% |
| Accrued charges and deferred income | 492/3 | €1,043 | - | -€1,043 | |
| Non-recurring operating income | 76A | - | €10,838 | +€10,838 | |
| Remuneration, social security and pensions | 62 | €19,883 | €35,407 | +€15,525 | +78.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,547 | €5,398 | +€3,851 | +249% |
| Other operating charges | 640/8 | €2,857 | €1,089 | -€1,768 | -61.9% |
| Non-recurring operating charges | 66A | - | €3,000 | +€3,000 | |
| Gross operating margin | 9900 | €31,771 | €55,708 | +€23,937 | +75.3% |
| Operating profit (loss) | 9901 | €7,485 | €10,814 | +€3,329 | +44.5% |
| Financial income | 75/76B | - | €162 | +€162 | |
| Recurring financial income | 75 | - | €162 | +€162 | |
| Financial charges | 65/66B | €4,729 | €5,302 | +€573 | +12.1% |
| Recurring financial charges | 65 | €4,729 | €5,302 | +€573 | +12.1% |
| Profit (loss) for the period before taxes | 9903 | €2,756 | €5,674 | +€2,918 | +106% |
| Income taxes | 67/77 | €1,444 | €3,370 | +€1,926 | +133% |
| Profit (loss) for the period | 9904 | €1,312 | €2,305 | +€992 | +75.6% |
| Profit (loss) for the period to be appropriated | 9905 | €1,312 | €2,305 | +€992 | +75.6% |
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 26 October 2026 via checked.be.