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Beech Park: 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

Beech Park

BE 0745.718.776
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€217,424
2023 · €195,767+€21,657
Equity
€137,885
2023 · €137,885
Cash
€131,933
2023 · €112,552+€19,382
Balance sheet total
€1.1m
2023 · €1.1m+€51,272

Largest movements

2023 to 2024
Assets
  • Receivables within one year +€51,047

    up €51,047 (+54.3%), from €93,933 to €144,980

    of which Trade receivables: +€51,075

  • Tangible fixed assets -€28,190

    down €28,190 (-3.4%), from €832,403 to €804,213

    of which Land and buildings: -€23,824

  • Cash +€19,382

    up €19,382 (+17.2%), from €112,552 to €131,933

    mainly Net result for the year (+€217,424) and Tax, wage and social debts (+€37,392)

Equity and liabilities
  • Tax, wage and social debts +€37,392

    up €37,392 (+172.1%), from €21,729 to €59,121

  • Debts after one year -€33,578

    down €33,578 (-5.6%), from €594,892 to €561,314

  • Other debts +€30,294

    up €30,294 (+11.1%), from €273,811 to €304,104

  • Trade debts +€12,245

    up €12,245 (+1025.1%), from €1,195 to €13,439

Income statement
  • Gross operating margin +€33,607

    up €33,607 (+10.9%), from €308,369 to €341,976

  • Taxes +€8,170

    up €8,170 (+13.4%), from €61,062 to €69,233

  • Financial charges +€3,666

    up €3,666 (+20.0%), from €18,340 to €22,006

From the 2023 result to the 2024 result

effect on the 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 2023 €195,767
Gross operating margin +€33,607
Depreciation +€518
Other operating charges -€660
Financial income +€28
Financial charges -€3,666
Taxes -€8,170
Result 2024 €217,424

Cash bridge derived

cash 2023 to 2024

Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.

From operations +€278,989
Investment -€7,795
Financing -€251,812
Cash 2023 €112,552
Net result for the year +€217,424
Depreciation +€28,190
Receivables within one year -€51,047
Deferred charges and accrued income -€1,238
Trade debts +€12,245
Tax, wage and social debts +€37,392
Other debts +€30,294
Accrued charges and deferred income +€5,730
Current investments -€7,795
Debts after one year -€33,578
Current portion of long-term debt -€810
Contributions, distributions and other -€217,424
Cash 2024 €131,933
Every line side by side 41 lines
Line Code 2023 2024 Change %
Total assets 20/58 €1,069,403 €1,120,675 +€51,272 +4.8%
Fixed assets 21/28 €832,403 €804,213 -€28,190 -3.4%
Tangible fixed assets 22/27 €832,403 €804,213 -€28,190 -3.4%
Land and buildings 22 €826,665 €802,841 -€23,824 -2.9%
Plant, machinery and equipment 23 €705 - -€705
Furniture and vehicles 24 €5,033 €1,372 -€3,660 -72.7%
Current assets 29/58 €237,000 €316,461 +€79,461 +33.5%
Amounts receivable within one year 40/41 €93,933 €144,980 +€51,047 +54.3%
Trade receivables 40 €93,905 €144,980 +€51,075 +54.4%
Other amounts receivable 41 €29 - -€29
Current investments 50/53 €25,813 €33,609 +€7,795 +30.2%
Cash at bank and in hand 54/58 €112,552 €131,933 +€19,382 +17.2%
Deferred charges and accrued income 490/1 €4,701 €5,939 +€1,238 +26.3%
Total equity and liabilities 10/49 €1,069,403 €1,120,675 +€51,272 +4.8%
Equity 10/15 €137,885 €137,885 = 0.0%
Contributions 10/11 €1,200 €1,200 = 0.0%
Reserves 13 €136,685 €136,685 = 0.0%
Distributable reserves 133 €136,685 €136,685 = 0.0%
Amounts payable 17/49 €931,518 €982,790 +€51,272 +5.5%
Amounts payable after more than one year 17 €594,892 €561,314 -€33,578 -5.6%
Financial debts 170/4 €594,892 €561,314 -€33,578 -5.6%
Amounts payable within one year 42/48 €331,122 €410,242 +€79,120 +23.9%
Current portion of amounts payable after more than one year 42 €34,388 €33,578 -€810 -2.4%
Trade debts 44 €1,195 €13,439 +€12,245 +1025.1%
Suppliers 440/4 €1,195 €13,439 +€12,245 +1025.1%
Taxes, remuneration and social security 45 €21,729 €59,121 +€37,392 +172.1%
Taxes 450/3 €21,729 €59,121 +€37,392 +172.1%
Other amounts payable 47/48 €273,811 €304,104 +€30,294 +11.1%
Accrued charges and deferred income 492/3 €5,504 €11,234 +€5,730 +104.1%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €28,708 €28,190 -€518 -1.8%
Other operating charges 640/8 €4,804 €5,463 +€660 +13.7%
Gross operating margin 9900 €308,369 €341,976 +€33,607 +10.9%
Operating profit (loss) 9901 €274,858 €308,322 +€33,465 +12.2%
Financial income 75/76B €312 €340 +€28 +9.1%
Recurring financial income 75 €312 €340 +€28 +9.1%
Financial charges 65/66B €18,340 €22,006 +€3,666 +20.0%
Recurring financial charges 65 €18,340 €22,006 +€3,666 +20.0%
Profit (loss) for the period before taxes 9903 €256,830 €286,657 +€29,827 +11.6%
Income taxes 67/77 €61,062 €69,233 +€8,170 +13.4%
Profit (loss) for the period 9904 €195,767 €217,424 +€21,657 +11.1%
Profit (loss) for the period to be appropriated 9905 €195,767 €217,424 +€21,657 +11.1%

Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.