BEAUTIFUL EVENTS: 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.
BEAUTIFUL EVENTS
Largest movements
- Receivables within one year -€7,206
down €7,206 (-63.4%), from €11,361 to €4,156
of which Other amounts receivable: -€10,236
- Cash -€6,886
down €6,886 (-38.8%), from €17,725 to €10,840
mainly Tax, wage and social debts (-€19,006) and Investment in fixed assets (net) (-€10,595)
- Deferred charges and accrued income -€3,537
down €3,537 (-75.7%), from €4,671 to €1,133
- Tangible fixed assets +€2,640
up €2,640 (+8.9%), from €29,549 to €32,189
of which Plant, machinery and equipment: +€4,113
- Stocks and contracts -€2,486
down €2,486 (-21.4%), from €11,643 to €9,156
- Tax, wage and social debts -€19,006
down €19,006 (-28.7%), from €66,331 to €47,325
of which Taxes: -€12,394
- Other debts +€7,931
up €7,931 (+52.5%), from €15,117 to €23,048
- Trade debts -€6,653
down €6,653 (-20.1%), from €33,162 to €26,509
- Profit (loss) carried forward +€4,395
up €4,395 (+7.5%), from -€58,455 to -€54,060
- Debts after one year -€3,494
down €3,494 (-29.4%), from €11,889 to €8,395
- Staff costs -€24,070
down €24,070 (-42.4%), from €56,734 to €32,664
- Gross operating margin +€23,161
up €23,161 (+80.2%), from €28,890 to €52,051
- Other operating charges -€3,467
down €3,467 (-63.2%), from €5,485 to €2,018
- Financial charges -€2,961
down €2,961 (-34.9%), from €8,473 to €5,512
- Depreciation +€2,591
up €2,591 (+53.3%), from €4,864 to €7,455
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 | €80,949 | €63,974 | -€16,975 | -21.0% |
| Fixed assets | 21/28 | €35,549 | €38,689 | +€3,140 | +8.8% |
| Tangible fixed assets | 22/27 | €29,549 | €32,189 | +€2,640 | +8.9% |
| Plant, machinery and equipment | 23 | €18,653 | €22,766 | +€4,113 | +22.0% |
| Furniture and vehicles | 24 | €608 | €231 | -€378 | -62.1% |
| Other tangible fixed assets | 26 | €10,288 | €9,193 | -€1,095 | -10.6% |
| Financial fixed assets | 28 | €6,000 | €6,500 | +€500 | +8.3% |
| Current assets | 29/58 | €45,400 | €25,285 | -€20,115 | -44.3% |
| Stocks and contracts in progress | 3 | €11,643 | €9,156 | -€2,486 | -21.4% |
| Stocks | 30/36 | €11,643 | €9,156 | -€2,486 | -21.4% |
| Amounts receivable within one year | 40/41 | €11,361 | €4,156 | -€7,206 | -63.4% |
| Trade receivables | 40 | €1,126 | €4,156 | +€3,030 | +269% |
| Other amounts receivable | 41 | €10,236 | €0 | -€10,236 | -100% |
| Cash at bank and in hand | 54/58 | €17,725 | €10,840 | -€6,886 | -38.8% |
| Deferred charges and accrued income | 490/1 | €4,671 | €1,133 | -€3,537 | -75.7% |
| Total equity and liabilities | 10/49 | €80,949 | €63,974 | -€16,975 | -21.0% |
| Equity | 10/15 | -€50,395 | -€46,000 | +€4,395 | +8.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€58,455 | -€54,060 | +€4,395 | +7.5% |
| Amounts payable | 17/49 | €131,345 | €109,975 | -€21,370 | -16.3% |
| Amounts payable after more than one year | 17 | €11,889 | €8,395 | -€3,494 | -29.4% |
| Financial debts | 170/4 | €11,889 | €8,395 | -€3,494 | -29.4% |
| Amounts payable within one year | 42/48 | €117,966 | €100,376 | -€17,590 | -14.9% |
| Current portion of amounts payable after more than one year | 42 | €3,356 | €3,494 | +€138 | +4.1% |
| Trade debts | 44 | €33,162 | €26,509 | -€6,653 | -20.1% |
| Suppliers | 440/4 | €33,162 | €26,509 | -€6,653 | -20.1% |
| Taxes, remuneration and social security | 45 | €66,331 | €47,325 | -€19,006 | -28.7% |
| Taxes | 450/3 | €53,917 | €41,523 | -€12,394 | -23.0% |
| Remuneration and social security | 454/9 | €12,413 | €5,802 | -€6,611 | -53.3% |
| Other amounts payable | 47/48 | €15,117 | €23,048 | +€7,931 | +52.5% |
| Accrued charges and deferred income | 492/3 | €1,490 | €1,203 | -€286 | -19.2% |
| Remuneration, social security and pensions | 62 | €56,734 | €32,664 | -€24,070 | -42.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,864 | €7,455 | +€2,591 | +53.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €5,485 | €2,018 | -€3,467 | -63.2% |
| Gross operating margin | 9900 | €28,890 | €52,051 | +€23,161 | +80.2% |
| Operating profit (loss) | 9901 | -€38,193 | €9,914 | +€48,107 | |
| Financial income | 75/76B | €394 | €420 | +€26 | +6.6% |
| Recurring financial income | 75 | €394 | €420 | +€26 | +6.6% |
| Financial charges | 65/66B | €8,473 | €5,512 | -€2,961 | -34.9% |
| Recurring financial charges | 65 | €8,473 | €5,512 | -€2,961 | -34.9% |
| Profit (loss) for the period before taxes | 9903 | -€46,272 | €4,822 | +€51,094 | |
| Income taxes | 67/77 | €409 | €427 | +€17 | +4.3% |
| Profit (loss) for the period | 9904 | -€46,682 | €4,395 | +€51,077 | |
| Profit (loss) for the period to be appropriated | 9905 | -€46,682 | €4,395 | +€51,077 |
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 28 October 2026 via checked.be.