BEAUTIEGE: 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.
BEAUTIEGE
Largest movements
- Tangible fixed assets -€81,340
down €81,340 (-2.3%), from €3.5m to €3.4m
of which Land and buildings: -€104,205
- Cash +€64,142
up €64,142 (+50.8%), from €126,319 to €190,461
mainly Depreciation (+€149,765) and Receivables within one year (+€6,880)
No liability line moved by more than 1% of the balance sheet total.
- Gross operating margin +€82,149
up €82,149 (+97.2%), from €84,521 to €166,670
- Depreciation -€28,967
down €28,967 (-16.2%), from €178,732 to €149,765
- Financial income -€7,900
down €7,900 (-91.0%), from €8,680 to €780
- Other operating charges -€6,917
down €6,917 (-19.0%), from €36,347 to €29,431
- Financial charges -€6,054
down €6,054, from €1,968 to -€4,086
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 | €3,977,917 | €3,954,483 | -€23,434 | -0.6% |
| Fixed assets | 21/28 | €3,529,124 | €3,447,784 | -€81,340 | -2.3% |
| Tangible fixed assets | 22/27 | €3,529,124 | €3,447,784 | -€81,340 | -2.3% |
| Land and buildings | 22 | €3,432,945 | €3,328,740 | -€104,205 | -3.0% |
| Plant, machinery and equipment | 23 | €3,065 | €1,539 | -€1,526 | -49.8% |
| Furniture and vehicles | 24 | €93,113 | €117,504 | +€24,391 | +26.2% |
| Current assets | 29/58 | €448,793 | €506,699 | +€57,906 | +12.9% |
| Amounts receivable within one year | 40/41 | €17,242 | €10,362 | -€6,880 | -39.9% |
| Other amounts receivable | 41 | €17,242 | €10,362 | -€6,880 | -39.9% |
| Current investments | 50/53 | €301,235 | €299,213 | -€2,022 | -0.7% |
| Cash at bank and in hand | 54/58 | €126,319 | €190,461 | +€64,142 | +50.8% |
| Deferred charges and accrued income | 490/1 | €3,998 | €6,663 | +€2,665 | +66.7% |
| Total equity and liabilities | 10/49 | €3,977,917 | €3,954,483 | -€23,434 | -0.6% |
| Equity | 10/15 | €3,932,750 | €3,910,219 | -€22,531 | -0.6% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €3,776,593 | €3,770,100 | -€6,493 | -0.2% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €108,393 | €101,900 | -€6,493 | -6.0% |
| Distributable reserves | 133 | €3,662,000 | €3,662,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €94,157 | €78,119 | -€16,038 | -17.0% |
| Provisions and deferred taxes | 16 | €36,131 | €33,967 | -€2,164 | -6.0% |
| Deferred taxes | 168 | €36,131 | €33,967 | -€2,164 | -6.0% |
| Amounts payable | 17/49 | €9,035 | €10,297 | +€1,262 | +14.0% |
| Amounts payable within one year | 42/48 | €8,005 | €9,233 | +€1,228 | +15.3% |
| Trade debts | 44 | €3,455 | €8,009 | +€4,555 | +132% |
| Suppliers | 440/4 | €3,455 | €8,009 | +€4,555 | +132% |
| Taxes, remuneration and social security | 45 | €4,550 | €1,223 | -€3,327 | -73.1% |
| Taxes | 450/3 | €2,350 | €1,223 | -€1,127 | -47.9% |
| Remuneration and social security | 454/9 | €2,200 | - | -€2,200 | |
| Accrued charges and deferred income | 492/3 | €1,031 | €1,064 | +€34 | +3.3% |
| Non-recurring operating income | 76A | - | €9,101 | +€9,101 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €178,732 | €149,765 | -€28,967 | -16.2% |
| Other operating charges | 640/8 | €36,347 | €29,431 | -€6,917 | -19.0% |
| Non-recurring operating charges | 66A | - | €11,744 | +€11,744 | |
| Gross operating margin | 9900 | €84,521 | €166,670 | +€82,149 | +97.2% |
| Operating profit (loss) | 9901 | -€130,559 | -€24,270 | +€106,289 | +81.4% |
| Financial income | 75/76B | €8,680 | €780 | -€7,900 | -91.0% |
| Recurring financial income | 75 | €8,680 | €780 | -€7,900 | -91.0% |
| Financial charges | 65/66B | €1,968 | -€4,086 | -€6,054 | |
| Recurring financial charges | 65 | €1,968 | -€4,086 | -€6,054 | |
| Profit (loss) for the period before taxes | 9903 | -€123,846 | -€19,403 | +€104,443 | +84.3% |
| Transfer from deferred taxes | 780 | €2,164 | €2,164 | = | 0.0% |
| Income taxes | 67/77 | €1,199 | €5,292 | +€4,094 | +342% |
| Profit (loss) for the period | 9904 | -€122,881 | -€22,531 | +€100,349 | +81.7% |
| Transfer from tax-exempt reserves | 789 | €6,493 | €6,493 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€116,387 | -€16,038 | +€100,349 | +86.2% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.