Beegees: 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.
Beegees
Largest movements
- Receivables within one year -€89,865
down €89,865 (-96.2%), from €93,408 to €3,543
of which Trade receivables: -€89,865
- Cash +€15,527
up €15,527 (+979%), from €1,586 to €17,114
mainly Receivables within one year (+€89,865) and Debts after one year (+€86,987)
- Financial fixed assets +€10,331
new in 2024: €10,331
- Tangible fixed assets -€4,701
down €4,701 (-40.7%), from €11,558 to €6,857
of which Plant, machinery and equipment: -€4,345
- Stocks and contracts -€2,956
down €2,956 (-18.0%), from €16,413 to €13,457
- Reserves +€309,514
new in 2024: €309,514
- Profit (loss) carried forward -€234,993
down €234,993 (-93.8%), from -€250,524 to -€485,517
- Other debts -€99,643
down €99,643 (-100%), from €99,643 to €0
- Tax, wage and social debts -€96,498
down €96,498 (-59.4%), from €162,392 to €65,894
of which Remuneration and social security: -€71,352
- Debts after one year +€86,987
new in 2024: €86,987
- Gross operating margin +€388,225
up €388,225 (+227%), from €171,074 to €559,299
- Other operating charges +€155,297
up €155,297 (+1,226%), from €12,668 to €167,965
- Staff costs -€77,302
down €77,302 (-20.1%), from €384,177 to €306,876
- Financial income -€25,659
down €25,659 (-99.8%), from €25,701 to €42
- Financial charges -€5,931
down €5,931 (-66.7%), from €8,886 to €2,955
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €123,942 | €52,968 | -€70,975 | -57.3% |
| Formation expenses | 20 | €978 | €338 | -€639 | -65.4% |
| Fixed assets | 21/28 | €11,558 | €17,188 | +€5,630 | +48.7% |
| Tangible fixed assets | 22/27 | €11,558 | €6,857 | -€4,701 | -40.7% |
| Plant, machinery and equipment | 23 | €9,998 | €5,652 | -€4,345 | -43.5% |
| Furniture and vehicles | 24 | €1,560 | €1,205 | -€355 | -22.8% |
| Financial fixed assets | 28 | - | €10,331 | +€10,331 | |
| Current assets | 29/58 | €111,407 | €35,441 | -€75,966 | -68.2% |
| Stocks and contracts in progress | 3 | €16,413 | €13,457 | -€2,956 | -18.0% |
| Stocks | 30/36 | €16,413 | €13,457 | -€2,956 | -18.0% |
| Amounts receivable within one year | 40/41 | €93,408 | €3,543 | -€89,865 | -96.2% |
| Trade receivables | 40 | €93,408 | €3,543 | -€89,865 | -96.2% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €1,586 | €17,114 | +€15,527 | +979% |
| Deferred charges and accrued income | 490/1 | €0 | €1,327 | +€1,327 | |
| Total equity and liabilities | 10/49 | €123,942 | €52,968 | -€70,975 | -57.3% |
| Equity | 10/15 | -€230,524 | -€156,003 | +€74,521 | +32.3% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | - | €309,514 | +€309,514 | |
| Tax-exempt reserves | 132 | - | €309,514 | +€309,514 | |
| Profit (loss) carried forward | 14 | -€250,524 | -€485,517 | -€234,993 | -93.8% |
| Amounts payable | 17/49 | €354,466 | €208,970 | -€145,496 | -41.0% |
| Amounts payable after more than one year | 17 | - | €86,987 | +€86,987 | |
| Trade debts | 175 | - | €86,987 | +€86,987 | |
| Amounts payable within one year | 42/48 | €354,466 | €121,984 | -€232,482 | -65.6% |
| Financial debts | 43 | €29,618 | €29,618 | = | 0.0% |
| Credit institutions | 430/8 | €29,618 | €29,618 | = | 0.0% |
| Trade debts | 44 | €62,814 | €26,472 | -€36,342 | -57.9% |
| Suppliers | 440/4 | €62,814 | €26,472 | -€36,342 | -57.9% |
| Taxes, remuneration and social security | 45 | €162,392 | €65,894 | -€96,498 | -59.4% |
| Taxes | 450/3 | €38,842 | €13,697 | -€25,146 | -64.7% |
| Remuneration and social security | 454/9 | €123,549 | €52,197 | -€71,352 | -57.8% |
| Other amounts payable | 47/48 | €99,643 | €0 | -€99,643 | -100% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | - | €309,514 | +€309,514 | |
| Remuneration, social security and pensions | 62 | €384,177 | €306,876 | -€77,302 | -20.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,641 | €7,025 | -€3,616 | -34.0% |
| Other operating charges | 640/8 | €12,668 | €167,965 | +€155,297 | +1,226% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €171,074 | €559,299 | +€388,225 | +227% |
| Operating profit (loss) | 9901 | -€236,412 | €77,434 | +€313,846 | |
| Financial income | 75/76B | €25,701 | €42 | -€25,659 | -99.8% |
| Recurring financial income | 75 | €25,701 | €42 | -€25,659 | -99.8% |
| Financial charges | 65/66B | €8,886 | €2,955 | -€5,931 | -66.7% |
| Recurring financial charges | 65 | €8,886 | €2,955 | -€5,931 | -66.7% |
| Profit (loss) for the period before taxes | 9903 | -€219,597 | €74,521 | +€294,118 | |
| Income taxes | 67/77 | €82 | €0 | -€82 | -100% |
| Profit (loss) for the period | 9904 | -€219,678 | €74,521 | +€294,199 | |
| Transfer to tax-exempt reserves | 689 | - | €309,514 | +€309,514 | |
| Profit (loss) for the period to be appropriated | 9905 | -€219,678 | -€234,993 | -€15,315 | -7.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.