BEEUWSAERT: 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.
BEEUWSAERT
Largest movements
- Receivables within one year -€2.0m
down €2.0m (-95.6%), from €2.1m to €94,605
of which Other amounts receivable: -€2.0m
- Cash +€538,093
up €538,093 (+270%), from €199,041 to €737,135
mainly Net result for the year (+€5.0m) and Receivables within one year (+€2.0m)
- Other debts -€4.0m
down €4.0m (-61.6%), from €6.5m to €2.5m
- Reserves +€2.5m
up €2.5m (+36.7%), from €6.9m to €9.4m
- Financial income -€766,997
down €766,997 (-13.3%), from €5.8m to €5.0m
- Financial charges -€8,340
down €8,340 (-99.5%), from €8,380 to €41
- Other operating charges +€6,065
up €6,065 (+474%), from €1,280 to €7,345
- Staff costs +€4,515
up €4,515 (+2.8%), from €164,002 to €168,517
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 | €13,809,048 | €12,314,995 | -€1.5m | -10.8% |
| Fixed assets | 21/28 | €11,483,155 | €11,483,155 | = | 0.0% |
| Financial fixed assets | 28 | €11,483,155 | €11,483,155 | = | 0.0% |
| Affiliated companies | 280/1 | €11,483,155 | €11,483,155 | = | 0.0% |
| Participating interests | 280 | €11,483,155 | €11,483,155 | = | 0.0% |
| Current assets | 29/58 | €2,325,894 | €831,840 | -€1.5m | -64.2% |
| Amounts receivable within one year | 40/41 | €2,126,752 | €94,605 | -€2.0m | -95.6% |
| Trade receivables | 40 | €21,700 | €28,400 | +€6,700 | +30.9% |
| Other amounts receivable | 41 | €2,105,052 | €66,205 | -€2.0m | -96.9% |
| Cash at bank and in hand | 54/58 | €199,041 | €737,135 | +€538,093 | +270% |
| Deferred charges and accrued income | 490/1 | €101 | €100 | -€0 | -0.2% |
| Total equity and liabilities | 10/49 | €13,809,048 | €12,314,995 | -€1.5m | -10.8% |
| Equity | 10/15 | €7,270,775 | €9,788,507 | +€2.5m | +34.6% |
| Contributions | 10/11 | €409,109 | €409,109 | = | 0.0% |
| Reserves | 13 | €6,861,666 | €9,379,397 | +€2.5m | +36.7% |
| Distributable reserves | 133 | €6,861,666 | €9,379,397 | +€2.5m | +36.7% |
| Amounts payable | 17/49 | €6,538,273 | €2,526,488 | -€4.0m | -61.4% |
| Amounts payable within one year | 42/48 | €6,538,273 | €2,526,488 | -€4.0m | -61.4% |
| Trade debts | 44 | €5,104 | €6,034 | +€930 | +18.2% |
| Suppliers | 440/4 | €5,104 | €6,034 | +€930 | +18.2% |
| Taxes, remuneration and social security | 45 | €22,139 | €20,454 | -€1,685 | -7.6% |
| Taxes | 450/3 | €2,504 | - | -€2,504 | |
| Remuneration and social security | 454/9 | €19,635 | €20,454 | +€819 | +4.2% |
| Other amounts payable | 47/48 | €6,511,030 | €2,500,000 | -€4.0m | -61.6% |
| Operating income | 70/76A | €200,566 | €200,570 | +€4 | 0.0% |
| Turnover | 70 | €200,400 | €200,400 | = | 0.0% |
| Other operating income | 74 | €166 | €170 | +€4 | +2.4% |
| Operating charges | 60/66A | €173,078 | €182,803 | +€9,724 | +5.6% |
| Services and other goods | 61 | €7,796 | €6,941 | -€856 | -11.0% |
| Remuneration, social security and pensions | 62 | €164,002 | €168,517 | +€4,515 | +2.8% |
| Other operating charges | 640/8 | €1,280 | €7,345 | +€6,065 | +474% |
| Operating profit (loss) | 9901 | €27,487 | €17,767 | -€9,720 | -35.4% |
| Financial income | 75/76B | €5,767,002 | €5,000,005 | -€766,997 | -13.3% |
| Recurring financial income | 75 | €5,767,002 | €5,000,005 | -€766,997 | -13.3% |
| Income from financial fixed assets | 750 | €5,767,000 | - | -€5.8m | |
| Income from current assets | 751 | - | €5,000,005 | +€5.0m | |
| Other financial income | 752/9 | €2 | - | -€2 | |
| Financial charges | 65/66B | €8,380 | €41 | -€8,340 | -99.5% |
| Recurring financial charges | 65 | €8,380 | €41 | -€8,340 | -99.5% |
| Debt charges | 650 | €8,345 | - | -€8,345 | |
| Other financial charges | 652/9 | €35 | €41 | +€6 | +16.3% |
| Profit (loss) for the period before taxes | 9903 | €5,786,109 | €5,017,731 | -€768,378 | -13.3% |
| Profit (loss) for the period | 9904 | €5,786,109 | €5,017,731 | -€768,378 | -13.3% |
| Profit (loss) for the period to be appropriated | 9905 | €5,786,109 | €5,017,731 | -€768,378 | -13.3% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.