Beausaert Law: 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.
Beausaert Law
Largest movements
- Financial fixed assets +€230,000
up €230,000 (+50.0%), from €460,000 to €690,000
- Cash +€47,546
up €47,546 (+27.0%), from €176,282 to €223,828
mainly Other debts (+€153,826) and Net result for the year (+€83,410)
- Receivables within one year -€27,106
down €27,106 (-29.4%), from €92,064 to €64,957
of which Other amounts receivable: -€27,106
- Tangible fixed assets +€15,506
up €15,506 (+6.0%), from €259,020 to €274,526
of which Land and buildings: +€12,499
- Other debts +€153,826
up €153,826 (+2,292%), from €6,711 to €160,537
- Reserves +€83,410
up €83,410 (+27.0%), from €308,929 to €392,339
- Debts after one year +€40,462
up €40,462 (+6.2%), from €647,801 to €688,263
of which Other amounts payable: +€100,000
- Gross operating margin -€17,237
down €17,237 (-11.8%), from €145,866 to €128,629
- Taxes -€3,243
down €3,243 (-11.9%), from €27,290 to €24,047
- Depreciation -€3,090
down €3,090 (-31.2%), from €9,904 to €6,814
- Other operating charges -€2,168
down €2,168 (-47.9%), from €4,529 to €2,361
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 | €1,043,922 | €1,320,479 | +€276,558 | +26.5% |
| Fixed assets | 21/28 | €719,020 | €964,526 | +€245,506 | +34.1% |
| Tangible fixed assets | 22/27 | €259,020 | €274,526 | +€15,506 | +6.0% |
| Land and buildings | 22 | €244,382 | €256,881 | +€12,499 | +5.1% |
| Plant, machinery and equipment | 23 | €10,895 | €9,679 | -€1,217 | -11.2% |
| Furniture and vehicles | 24 | €3,742 | €7,966 | +€4,224 | +113% |
| Financial fixed assets | 28 | €460,000 | €690,000 | +€230,000 | +50.0% |
| Current assets | 29/58 | €324,902 | €355,954 | +€31,052 | +9.6% |
| Amounts receivable after more than one year | 29 | €45,000 | €45,000 | = | 0.0% |
| Other amounts receivable | 291 | €45,000 | €45,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €92,064 | €64,957 | -€27,106 | -29.4% |
| Trade receivables | 40 | €61,710 | €61,710 | = | 0.0% |
| Other amounts receivable | 41 | €30,354 | €3,247 | -€27,106 | -89.3% |
| Current investments | 50/53 | €9,000 | €21,000 | +€12,000 | +133% |
| Cash at bank and in hand | 54/58 | €176,282 | €223,828 | +€47,546 | +27.0% |
| Deferred charges and accrued income | 490/1 | €2,556 | €1,168 | -€1,388 | -54.3% |
| Total equity and liabilities | 10/49 | €1,043,922 | €1,320,479 | +€276,558 | +26.5% |
| Equity | 10/15 | €311,429 | €394,839 | +€83,410 | +26.8% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €308,929 | €392,339 | +€83,410 | +27.0% |
| Distributable reserves | 133 | €308,929 | €392,339 | +€83,410 | +27.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €732,492 | €925,640 | +€193,148 | +26.4% |
| Amounts payable after more than one year | 17 | €647,801 | €688,263 | +€40,462 | +6.2% |
| Financial debts | 170/4 | €447,801 | €388,263 | -€59,538 | -13.3% |
| Other amounts payable | 178/9 | €200,000 | €300,000 | +€100,000 | +50.0% |
| Amounts payable within one year | 42/48 | €84,443 | €237,377 | +€152,935 | +181% |
| Current portion of amounts payable after more than one year | 42 | €57,980 | €59,538 | +€1,558 | +2.7% |
| Trade debts | 44 | €5,419 | €177 | -€5,242 | -96.7% |
| Suppliers | 440/4 | €5,419 | €177 | -€5,242 | -96.7% |
| Taxes, remuneration and social security | 45 | €14,332 | €17,126 | +€2,793 | +19.5% |
| Taxes | 450/3 | €14,332 | €17,126 | +€2,793 | +19.5% |
| Other amounts payable | 47/48 | €6,711 | €160,537 | +€153,826 | +2,292% |
| Accrued charges and deferred income | 492/3 | €249 | €0 | -€249 | -100% |
| Non-recurring operating income | 76A | €38,955 | €0 | -€38,955 | -100% |
| Remuneration, social security and pensions | 62 | - | €914 | +€914 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,904 | €6,814 | -€3,090 | -31.2% |
| Other operating charges | 640/8 | €4,529 | €2,361 | -€2,168 | -47.9% |
| Gross operating margin | 9900 | €145,866 | €128,629 | -€17,237 | -11.8% |
| Operating profit (loss) | 9901 | €131,434 | €118,540 | -€12,894 | -9.8% |
| Financial income | 75/76B | €1,168 | €2 | -€1,166 | -99.8% |
| Recurring financial income | 75 | €1,168 | €2 | -€1,166 | -99.8% |
| Financial charges | 65/66B | €12,228 | €11,085 | -€1,143 | -9.3% |
| Recurring financial charges | 65 | €12,228 | €11,085 | -€1,143 | -9.3% |
| Profit (loss) for the period before taxes | 9903 | €120,374 | €107,457 | -€12,917 | -10.7% |
| Income taxes | 67/77 | €27,290 | €24,047 | -€3,243 | -11.9% |
| Profit (loss) for the period | 9904 | €93,084 | €83,410 | -€9,674 | -10.4% |
| Profit (loss) for the period to be appropriated | 9905 | €93,084 | €83,410 | -€9,674 | -10.4% |
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.