Beauvent: what changed
Two fiscal 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
Beauvent
NACE 35.110, Production of electricity from non-renewable sources
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€1.3m
2024 · €1.2m+€148,054
Equity
€33.9m
2024 · €30.6m+€3.4m
Cash
€913,115
2024 · €709,609+€203,506
Balance sheet total
€51.7m
2024 · €50.0m+€1.7m
Largest movements
Assets
- Current investments +€1.2m
up €1.2m (+171.4%), from €700,000 to €1.9m
Equity and liabilities
- Contributions +€2.3m
up €2.3m (+12.6%), from €18.7m to €21.0m
- Debts after one year -€2.2m
down €2.2m (-14.8%), from €14.8m to €12.6m
- Investment grants +€525,353
up €525,353 (+6.1%), from €8.6m to €9.1m
Income statement
- Gross operating margin +€423,887
up €423,887 (+6.9%), from €6.1m to €6.5m
- Depreciation +€171,283
up €171,283 (+4.5%), from €3.8m to €4.0m
- Staff costs +€111,450
up €111,450 (+11.2%), from €994,354 to €1.1m
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
€1.2m
Gross operating margin
+€423,887
Staff costs
-€111,450
Depreciation
-€171,283
Provisions
-€13,500
Other operating charges
-€2,848
Other operating items
-€32,388
Financial income
+€10,644
Financial charges
+€46,768
Taxes
-€1,778
Result 2025
€1.3m
Cash bridge derived
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
+€6.2m
Investment
-€5.9m
Financing
-€137,967
Cash 2024
€709,609
From operations (derived)
+€6.2m
Net result for the year
+€1.3m
Depreciation
+€4.0m
Receivables after one year
-€141,500
Smaller working-capital items
+€14,765
Receivables within one year
+€105,155
Deferred charges and accrued income
+€406,480
Trade debts
+€362,028
Tax, wage and social debts
+€57,756
Other debts
+€81,244
Accrued charges and deferred income
+€19,508
Investment (derived)
-€5.9m
Investment in fixed assets (net)
-€4.7m
Current investments
-€1.2m
Financing
-€137,967
Debts after one year
-€2.2m
Current portion of long-term debt
+€380
Contributions, distributions and other
+€2.0m
Cash 2025
€913,115
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €50,012,430 | €51,749,140 | +€1.7m | +3.5% |
| Fixed assets | 21/28 | €45,243,230 | €45,950,084 | +€706,854 | +1.6% |
| Tangible fixed assets | 22/27 | €43,365,928 | €43,631,053 | +€265,125 | +0.6% |
| Land and buildings | 22 | €4,835,958 | €4,532,117 | -€303,841 | -6.3% |
| Plant, machinery and equipment | 23 | €33,848,802 | €34,917,854 | +€1.1m | +3.2% |
| Furniture and vehicles | 24 | €51,767 | €43,980 | -€7,787 | -15.0% |
| Leasing and similar rights | 25 | €4,629,401 | €4,124,652 | -€504,749 | -10.9% |
| Assets under construction and advance payments | 27 | - | €12,450 | +€12,450 | |
| Financial fixed assets | 28 | €1,877,302 | €2,319,031 | +€441,729 | +23.5% |
| Current assets | 29/58 | €4,769,200 | €5,799,056 | +€1.0m | +21.6% |
| Amounts receivable after more than one year | 29 | €60,700 | €202,200 | +€141,500 | +233.1% |
| Other amounts receivable | 291 | €60,700 | €202,200 | +€141,500 | +233.1% |
| Stocks and contracts in progress | 3 | €3,515 | - | -€3,515 | |
| Stocks | 30/36 | €3,515 | - | -€3,515 | |
| Amounts receivable within one year | 40/41 | €1,595,116 | €1,489,961 | -€105,155 | -6.6% |
| Trade receivables | 40 | €1,481,331 | €1,380,218 | -€101,113 | -6.8% |
| Other amounts receivable | 41 | €113,785 | €109,743 | -€4,042 | -3.6% |
| Current investments | 50/53 | €700,000 | €1,900,000 | +€1.2m | +171.4% |
| Cash at bank and in hand | 54/58 | €709,609 | €913,115 | +€203,506 | +28.7% |
| Deferred charges and accrued income | 490/1 | €1,700,259 | €1,293,780 | -€406,480 | -23.9% |
| Total equity and liabilities | 10/49 | €50,012,430 | €51,749,140 | +€1.7m | +3.5% |
| Equity | 10/15 | €30,552,792 | €33,943,431 | +€3.4m | +11.1% |
| Contributions | 10/11 | €18,676,750 | €21,026,500 | +€2.3m | +12.6% |
| Reserves | 13 | €809,082 | €809,082 | = | 0.0% |
| Distributable reserves | 133 | €809,082 | €809,082 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,513,801 | €3,029,337 | +€515,536 | +20.5% |
| Investment grants | 15 | €8,553,159 | €9,078,512 | +€525,353 | +6.1% |
| Provisions and deferred taxes | 16 | €146,250 | €157,500 | +€11,250 | +7.7% |
| Provisions for liabilities and charges | 160/5 | €146,250 | €157,500 | +€11,250 | +7.7% |
| Other liabilities and charges | 164/5 | €146,250 | €157,500 | +€11,250 | +7.7% |
| Amounts payable | 17/49 | €19,313,388 | €17,648,208 | -€1.7m | -8.6% |
| Amounts payable after more than one year | 17 | €14,763,020 | €12,576,925 | -€2.2m | -14.8% |
| Financial debts | 170/4 | €14,763,020 | €12,576,925 | -€2.2m | -14.8% |
| Amounts payable within one year | 42/48 | €4,316,181 | €4,817,589 | +€501,408 | +11.6% |
| Current portion of amounts payable after more than one year | 42 | €2,185,715 | €2,186,095 | +€380 | 0.0% |
| Trade debts | 44 | €1,062,036 | €1,424,064 | +€362,028 | +34.1% |
| Suppliers | 440/4 | €1,062,036 | €1,424,064 | +€362,028 | +34.1% |
| Taxes, remuneration and social security | 45 | €226,186 | €283,942 | +€57,756 | +25.5% |
| Taxes | 450/3 | €89,454 | €119,649 | +€30,194 | +33.8% |
| Remuneration and social security | 454/9 | €136,732 | €164,294 | +€27,562 | +20.2% |
| Other amounts payable | 47/48 | €842,244 | €923,488 | +€81,244 | +9.6% |
| Accrued charges and deferred income | 492/3 | €234,187 | €253,694 | +€19,508 | +8.3% |
| Non-recurring operating income | 76A | €22,692 | €2,270 | -€20,422 | -90.0% |
| Remuneration, social security and pensions | 62 | €994,354 | €1,105,804 | +€111,450 | +11.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,804,232 | €3,975,514 | +€171,283 | +4.5% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€13,500 | - | +€13,500 | |
| Other operating charges | 640/8 | €11,387 | €14,234 | +€2,848 | +25.0% |
| Non-recurring operating charges | 66A | €11,250 | €43,638 | +€32,388 | +287.9% |
| Gross operating margin | 9900 | €6,103,935 | €6,527,822 | +€423,887 | +6.9% |
| Operating profit (loss) | 9901 | €1,296,213 | €1,388,632 | +€92,419 | +7.1% |
| Financial income | 75/76B | €253,943 | €264,587 | +€10,644 | +4.2% |
| Recurring financial income | 75 | €253,943 | €264,587 | +€10,644 | +4.2% |
| Financial charges | 65/66B | €348,752 | €301,984 | -€46,768 | -13.4% |
| Recurring financial charges | 65 | €348,752 | €301,984 | -€46,768 | -13.4% |
| Profit (loss) for the period before taxes | 9903 | €1,201,403 | €1,351,235 | +€149,832 | +12.5% |
| Income taxes | 67/77 | €6,565 | €8,343 | +€1,778 | +27.1% |
| Profit (loss) for the period | 9904 | €1,194,838 | €1,342,892 | +€148,054 | +12.4% |
| Profit (loss) for the period to be appropriated | 9905 | €1,194,838 | €1,342,892 | +€148,054 | +12.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.