Beauvoir: 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.
Beauvoir
Largest movements
- Cash -€18,812
down €18,812 (-70.3%), from €26,747 to €7,935
mainly Debts after one year (-€13,536) and Trade debts (-€8,252)
- Receivables within one year +€2,759
up €2,759 (+742%), from €372 to €3,131
of which Trade receivables: +€1,786
- Debts after one year -€13,536
down €13,536 (-41.6%), from €32,556 to €19,020
- Trade debts -€8,252
down €8,252 (-60.4%), from €13,672 to €5,420
- Profit (loss) carried forward +€7,140
up €7,140 (+24.5%), from -€29,127 to -€21,988
- Tax, wage and social debts -€1,773
down €1,773 (-20.1%), from €8,835 to €7,062
- Gross operating margin -€21,696
down €21,696 (-54.5%), from €39,829 to €18,133
- Taxes -€4,985
down €4,985 (-52.3%), from €9,525 to €4,540
- Other operating charges +€1,949
up €1,949 (+342%), from €570 to €2,519
- Financial charges +€1,324
up €1,324 (+344%), from €385 to €1,709
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 | €70,378 | €54,032 | -€16,346 | -23.2% |
| Fixed assets | 21/28 | €42,113 | €42,435 | +€322 | +0.8% |
| Tangible fixed assets | 22/27 | €42,113 | €42,435 | +€322 | +0.8% |
| Furniture and vehicles | 24 | €1,543 | €3,972 | +€2,429 | +157% |
| Leasing and similar rights | 25 | €40,570 | €38,463 | -€2,107 | -5.2% |
| Current assets | 29/58 | €28,265 | €11,597 | -€16,668 | -59.0% |
| Amounts receivable within one year | 40/41 | €372 | €3,131 | +€2,759 | +742% |
| Trade receivables | 40 | €372 | €2,158 | +€1,786 | +480% |
| Other amounts receivable | 41 | - | €973 | +€973 | |
| Cash at bank and in hand | 54/58 | €26,747 | €7,935 | -€18,812 | -70.3% |
| Deferred charges and accrued income | 490/1 | €1,146 | €530 | -€616 | -53.7% |
| Total equity and liabilities | 10/49 | €70,378 | €54,032 | -€16,346 | -23.2% |
| Equity | 10/15 | €9,778 | €16,917 | +€7,140 | +73.0% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €20,355 | €20,355 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Distributable reserves | 133 | €18,500 | €18,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€29,127 | -€21,988 | +€7,140 | +24.5% |
| Amounts payable | 17/49 | €60,600 | €37,114 | -€23,486 | -38.8% |
| Amounts payable after more than one year | 17 | €32,556 | €19,020 | -€13,536 | -41.6% |
| Financial debts | 170/4 | €32,556 | €19,020 | -€13,536 | -41.6% |
| Amounts payable within one year | 42/48 | €27,780 | €17,578 | -€10,202 | -36.7% |
| Current portion of amounts payable after more than one year | 42 | €5,272 | €5,096 | -€177 | -3.3% |
| Trade debts | 44 | €13,672 | €5,420 | -€8,252 | -60.4% |
| Suppliers | 440/4 | €13,672 | €5,420 | -€8,252 | -60.4% |
| Taxes, remuneration and social security | 45 | €8,835 | €7,062 | -€1,773 | -20.1% |
| Taxes | 450/3 | €8,835 | €7,062 | -€1,773 | -20.1% |
| Accrued charges and deferred income | 492/3 | €265 | €516 | +€252 | +95.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,983 | €2,278 | +€296 | +14.9% |
| Other operating charges | 640/8 | €570 | €2,519 | +€1,949 | +342% |
| Gross operating margin | 9900 | €39,829 | €18,133 | -€21,696 | -54.5% |
| Operating profit (loss) | 9901 | €37,277 | €13,336 | -€23,941 | -64.2% |
| Financial income | 75/76B | - | €53 | +€53 | |
| Recurring financial income | 75 | - | €53 | +€53 | |
| Financial charges | 65/66B | €385 | €1,709 | +€1,324 | +344% |
| Recurring financial charges | 65 | €385 | €1,709 | +€1,324 | +344% |
| Profit (loss) for the period before taxes | 9903 | €36,892 | €11,680 | -€25,212 | -68.3% |
| Income taxes | 67/77 | €9,525 | €4,540 | -€4,985 | -52.3% |
| Profit (loss) for the period | 9904 | €27,367 | €7,140 | -€20,227 | -73.9% |
| Profit (loss) for the period to be appropriated | 9905 | €27,367 | €7,140 | -€20,227 | -73.9% |
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 24 October 2026 via checked.be.