BEGEUREN: 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.
BEGEUREN
Largest movements
- Tangible fixed assets -€13,621
down €13,621 (-41.5%), from €32,830 to €19,209
of which Furniture and vehicles: -€13,628
- Current investments -€10,000
no longer reported in 2025 (was €10,000)
- Stocks and contracts +€9,923
up €9,923 (+47.5%), from €20,899 to €30,822
- Cash -€1,629
down €1,629 (-15.1%), from €10,759 to €9,130
mainly Other debts (-€32,169) and Stocks and contracts (-€9,923)
- Receivables within one year -€976
down €976 (-19.6%), from €4,984 to €4,008
- Other debts -€32,169
down €32,169 (-80.9%), from €39,764 to €7,595
- Reserves +€11,955
up €11,955 (+254%), from €4,698 to €16,653
- Trade debts +€9,510
up €9,510 (+369%), from €2,576 to €12,086
- Debts after one year -€3,757
no longer reported in 2025 (was €3,757)
- Short-term financial debts -€3,642
down €3,642 (-49.2%), from €7,399 to €3,757
- Gross operating margin +€11,048
up €11,048 (+21.5%), from €51,318 to €62,367
- Staff costs -€10,532
down €10,532 (-27.2%), from €38,760 to €28,227
- Taxes +€6,538
up €6,538 (+697%), from €938 to €7,476
- Financial income -€1,404
down €1,404 (-41.6%), from €3,376 to €1,972
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 | €79,471 | €63,168 | -€16,303 | -20.5% |
| Fixed assets | 21/28 | €32,830 | €19,209 | -€13,621 | -41.5% |
| Tangible fixed assets | 22/27 | €32,830 | €19,209 | -€13,621 | -41.5% |
| Land and buildings | 22 | - | €979 | +€979 | |
| Plant, machinery and equipment | 23 | €3,003 | €2,031 | -€972 | -32.4% |
| Furniture and vehicles | 24 | €29,827 | €16,198 | -€13,628 | -45.7% |
| Current assets | 29/58 | €46,642 | €43,960 | -€2,682 | -5.8% |
| Stocks and contracts in progress | 3 | €20,899 | €30,822 | +€9,923 | +47.5% |
| Stocks | 30/36 | €20,899 | €30,822 | +€9,923 | +47.5% |
| Amounts receivable within one year | 40/41 | €4,984 | €4,008 | -€976 | -19.6% |
| Trade receivables | 40 | €4,984 | €4,008 | -€976 | -19.6% |
| Current investments | 50/53 | €10,000 | - | -€10,000 | |
| Cash at bank and in hand | 54/58 | €10,759 | €9,130 | -€1,629 | -15.1% |
| Total equity and liabilities | 10/49 | €79,471 | €63,168 | -€16,303 | -20.5% |
| Equity | 10/15 | €22,658 | €35,253 | +€12,596 | +55.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €4,698 | €16,653 | +€11,955 | +254% |
| Distributable reserves | 133 | €4,698 | €16,653 | +€11,955 | +254% |
| Profit (loss) carried forward | 14 | -€640 | - | +€640 | |
| Amounts payable | 17/49 | €56,814 | €27,915 | -€28,899 | -50.9% |
| Amounts payable after more than one year | 17 | €3,757 | - | -€3,757 | |
| Financial debts | 170/4 | €3,757 | - | -€3,757 | |
| Amounts payable within one year | 42/48 | €50,678 | €27,915 | -€22,763 | -44.9% |
| Financial debts | 43 | €7,399 | €3,757 | -€3,642 | -49.2% |
| Other loans | 439 | €7,399 | €3,757 | -€3,642 | -49.2% |
| Trade debts | 44 | €2,576 | €12,086 | +€9,510 | +369% |
| Suppliers | 440/4 | €2,576 | €12,086 | +€9,510 | +369% |
| Taxes, remuneration and social security | 45 | €938 | €4,476 | +€3,538 | +377% |
| Taxes | 450/3 | €938 | €4,476 | +€3,538 | +377% |
| Other amounts payable | 47/48 | €39,764 | €7,595 | -€32,169 | -80.9% |
| Accrued charges and deferred income | 492/3 | €2,378 | - | -€2,378 | |
| Remuneration, social security and pensions | 62 | €38,760 | €28,227 | -€10,532 | -27.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,586 | €14,683 | +€97 | +0.7% |
| Other operating charges | 640/8 | €537 | €983 | +€446 | +83.1% |
| Gross operating margin | 9900 | €51,318 | €62,367 | +€11,048 | +21.5% |
| Operating profit (loss) | 9901 | -€2,563 | €18,474 | +€21,037 | |
| Financial income | 75/76B | €3,376 | €1,972 | -€1,404 | -41.6% |
| Recurring financial income | 75 | €3,376 | €1,972 | -€1,404 | -41.6% |
| Financial charges | 65/66B | €515 | €373 | -€141 | -27.4% |
| Recurring financial charges | 65 | €515 | €373 | -€141 | -27.4% |
| Profit (loss) for the period before taxes | 9903 | €298 | €20,072 | +€19,774 | +6,638% |
| Income taxes | 67/77 | €938 | €7,476 | +€6,538 | +697% |
| Profit (loss) for the period | 9904 | -€640 | €12,596 | +€13,236 | |
| Profit (loss) for the period to be appropriated | 9905 | -€640 | €12,596 | +€13,236 |
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 21 October 2026 via checked.be.