BEAUTFIN: 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.
What changed
BEAUTFIN
NACE 77.399, Renting and leasing of other machinery, equipment and tangible goods
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€746,651
2024 · €523,912+€222,740
Equity
€8.5m
2024 · €47.8m-€39.3m
Cash
€13.1m
2024 · €10.8m+€2.3m
Balance sheet total
€46.8m
2024 · €126.4m-€79.6m
Largest movements
Assets
- Receivables within one year -€81.6m
down €81.6m (-70.8%), from €115.2m to €33.7m
of which Other amounts receivable: -€81.6m
- Cash +€2.3m
up €2.3m (+21.2%), from €10.8m to €13.1m
mainly Receivables within one year (+€81.6m) and Net result for the year (+€746,651)
Equity and liabilities
- Short-term financial debts -€40.4m
down €40.4m (-51.4%), from €78.6m to €38.2m
- Contributions -€37.7m
down €37.7m (-85.5%), from €44.1m to €6.4m
- Profit (loss) carried forward -€1.4m
down €1.4m (-54.4%), from €2.7m to €1.2m
Income statement
- Financial charges -€3.1m
down €3.1m (-65.3%), from €4.7m to €1.6m
- Financial income -€2.8m
down €2.8m (-52.7%), from €5.3m to €2.5m
- Turnover -€111,406
down €111,406 (-17.6%), from €631,513 to €520,108
- Taxes +€74,962
up €74,962 (+42.9%), from €174,916 to €249,878
- Depreciation -€43,421
no longer reported in 2025 (was €43,421)
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.
Result 2024
€523,912
Turnover
-€111,406
Other operating income
-€132
Services and other goods
+€35,150
Staff costs
+€27,064
Depreciation
+€43,421
Other operating charges
+€1,271
Financial income
-€2.8m
Financial charges
+€3.1m
Taxes
-€74,962
Result 2025
€746,651
raises the resultlowers the result
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.
From operations
+€82.6m
Investment
€0
Financing
-€80.4m
Cash 2024
€10.8m
From operations (derived)
+€82.6m
Net result for the year
+€746,651
Receivables after one year
+€290,156
Receivables within one year
+€81.6m
Smaller working-capital items
+€41,177
Financing
-€80.4m
Short-term financial debts
-€40.4m
Contributions, distributions and other
-€40.0m
Cash 2025
€13.1m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €126,443,383 | €46,823,339 | -€79.6m | -63.0% |
| Fixed assets | 21/28 | €72,500 | €72,500 | = | 0.0% |
| Tangible fixed assets | 22/27 | €72,500 | €72,500 | = | 0.0% |
| Other tangible fixed assets | 26 | €72,500 | €72,500 | = | 0.0% |
| Current assets | 29/58 | €126,370,883 | €46,750,839 | -€79.6m | -63.0% |
| Amounts receivable after more than one year | 29 | €290,156 | - | -€290,156 | |
| Other amounts receivable | 291 | €290,156 | - | -€290,156 | |
| Amounts receivable within one year | 40/41 | €115,245,736 | €33,676,027 | -€81.6m | -70.8% |
| Trade receivables | 40 | €2,024 | €7,874 | +€5,850 | +289% |
| Other amounts receivable | 41 | €115,243,712 | €33,668,153 | -€81.6m | -70.8% |
| Cash at bank and in hand | 54/58 | €10,776,262 | €13,057,326 | +€2.3m | +21.2% |
| Deferred charges and accrued income | 490/1 | €58,728 | €17,486 | -€41,242 | -70.2% |
| Total equity and liabilities | 10/49 | €126,443,383 | €46,823,339 | -€79.6m | -63.0% |
| Equity | 10/15 | €47,783,626 | €8,530,278 | -€39.3m | -82.1% |
| Contributions | 10/11 | €44,131,500 | €6,407,082 | -€37.7m | -85.5% |
| Capital | 10 | €44,131,500 | €6,407,082 | -€37.7m | -85.5% |
| Issued capital | 100 | €44,131,500 | €6,407,082 | -€37.7m | -85.5% |
| Reserves | 13 | €990,061 | €909,271 | -€80,790 | -8.2% |
| Non-distributable reserves | 130/1 | €569,061 | €606,394 | +€37,333 | +6.6% |
| Legal reserve | 130 | €569,061 | €606,394 | +€37,333 | +6.6% |
| Tax-exempt reserves | 132 | €421,000 | €302,878 | -€118,122 | -28.1% |
| Profit (loss) carried forward | 14 | €2,662,065 | €1,213,924 | -€1.4m | -54.4% |
| Amounts payable | 17/49 | €78,659,756 | €38,293,061 | -€40.4m | -51.3% |
| Amounts payable within one year | 42/48 | €78,659,384 | €38,293,061 | -€40.4m | -51.3% |
| Financial debts | 43 | €78,587,880 | €38,221,250 | -€40.4m | -51.4% |
| Other loans | 439 | €78,587,880 | €38,221,250 | -€40.4m | -51.4% |
| Trade debts | 44 | €22,895 | €19,228 | -€3,667 | -16.0% |
| Suppliers | 440/4 | €22,895 | €19,228 | -€3,667 | -16.0% |
| Taxes, remuneration and social security | 45 | €48,609 | €52,584 | +€3,974 | +8.2% |
| Taxes | 450/3 | €21,047 | €18,964 | -€2,083 | -9.9% |
| Remuneration and social security | 454/9 | €27,562 | €33,620 | +€6,057 | +22.0% |
| Accrued charges and deferred income | 492/3 | €372 | - | -€372 | |
| Operating income | 70/76A | €631,646 | €520,108 | -€111,538 | -17.7% |
| Turnover | 70 | €631,513 | €520,108 | -€111,406 | -17.6% |
| Other operating income | 74 | €132 | - | -€132 | |
| Operating charges | 60/66A | €483,218 | €376,313 | -€106,905 | -22.1% |
| Services and other goods | 61 | €134,748 | €99,599 | -€35,150 | -26.1% |
| Remuneration, social security and pensions | 62 | €303,584 | €276,520 | -€27,064 | -8.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €43,421 | - | -€43,421 | |
| Other operating charges | 640/8 | €1,465 | €194 | -€1,271 | -86.7% |
| Operating profit (loss) | 9901 | €148,427 | €143,795 | -€4,633 | -3.1% |
| Financial income | 75/76B | €5,251,382 | €2,484,836 | -€2.8m | -52.7% |
| Recurring financial income | 75 | €5,251,382 | €2,484,836 | -€2.8m | -52.7% |
| Income from current assets | 751 | €5,242,257 | €1,712,786 | -€3.5m | -67.3% |
| Other financial income | 752/9 | €9,125 | €772,049 | +€762,924 | +8,361% |
| Financial charges | 65/66B | €4,700,981 | €1,632,101 | -€3.1m | -65.3% |
| Recurring financial charges | 65 | €4,700,981 | €1,632,101 | -€3.1m | -65.3% |
| Debt charges | 650 | €3,779,417 | €1,571,838 | -€2.2m | -58.4% |
| Other financial charges | 652/9 | €921,564 | €60,263 | -€861,302 | -93.5% |
| Profit (loss) for the period before taxes | 9903 | €698,828 | €996,529 | +€297,701 | +42.6% |
| Income taxes | 67/77 | €174,916 | €249,878 | +€74,962 | +42.9% |
| Taxes | 670/3 | €174,916 | €249,878 | +€74,962 | +42.9% |
| Profit (loss) for the period | 9904 | €523,912 | €746,651 | +€222,740 | +42.5% |
| Transfer from tax-exempt reserves | 789 | - | €118,122 | +€118,122 | |
| Transfer to tax-exempt reserves | 689 | €421,000 | - | -€421,000 | |
| Profit (loss) for the period to be appropriated | 9905 | €102,912 | €864,774 | +€761,862 | +740% |
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 19 October 2026 via checked.be.