Beguin JC Management: what changed
Beguin JC Management
Largest movements
- Tangible fixed assets +€360,091
up €360,091 (+15,217%), from €2,366 to €362,457
of which Land and buildings: +€361,441
- Cash -€96,924
down €96,924 (-48.2%), from €201,078 to €104,153
mainly Investment in fixed assets (net) (-€378,814) and Contributions, distributions and other (-€178,000)
- Receivables within one year -€9,467
no longer reported in 2025 (was €9,467)
- Debts after one year +€252,356
new in 2025: €252,356
- Other debts -€26,000
down €26,000 (-12.5%), from €208,000 to €182,000
- Current portion of long-term debt +€14,175
new in 2025: €14,175
- Tax, wage and social debts +€11,571
up €11,571 (+362%), from €3,196 to €14,767
- Gross operating margin +€158,329
up €158,329 (+148%), from €107,318 to €265,647
- Financial income -€120,459
down €120,459 (-98.4%), from €122,385 to €1,926
- Taxes +€38,196
up €38,196 (+158%), from €24,172 to €62,368
- Depreciation +€17,474
up €17,474 (+1,059%), from €1,649 to €19,124
- Financial charges +€4,527
up €4,527 (+228%), from €1,989 to €6,516
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €216,311 | €469,610 | +€253,300 | +117% |
| Fixed assets | 21/28 | €5,766 | €365,457 | +€359,691 | +6,238% |
| Tangible fixed assets | 22/27 | €2,366 | €362,457 | +€360,091 | +15,217% |
| Land and buildings | 22 | - | €361,441 | +€361,441 | |
| Furniture and vehicles | 24 | €2,366 | €1,017 | -€1,350 | -57.0% |
| Financial fixed assets | 28 | €3,400 | €3,000 | -€400 | -11.8% |
| Current assets | 29/58 | €210,544 | €104,153 | -€106,391 | -50.5% |
| Amounts receivable within one year | 40/41 | €9,467 | - | -€9,467 | |
| Other amounts receivable | 41 | €9,467 | - | -€9,467 | |
| Cash at bank and in hand | 54/58 | €201,078 | €104,153 | -€96,924 | -48.2% |
| Total equity and liabilities | 10/49 | €216,311 | €469,610 | +€253,300 | +117% |
| Equity | 10/15 | €5,115 | €6,281 | +€1,166 | +22.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €115 | €1,281 | +€1,166 | +1,019% |
| Amounts payable | 17/49 | €211,196 | €463,330 | +€252,133 | +119% |
| Amounts payable after more than one year | 17 | - | €252,356 | +€252,356 | |
| Financial debts | 170/4 | - | €252,356 | +€252,356 | |
| Amounts payable within one year | 42/48 | €211,196 | €210,974 | -€222 | -0.1% |
| Current portion of amounts payable after more than one year | 42 | - | €14,175 | +€14,175 | |
| Trade debts | 44 | - | €32 | +€32 | |
| Suppliers | 440/4 | - | €32 | +€32 | |
| Taxes, remuneration and social security | 45 | €3,196 | €14,767 | +€11,571 | +362% |
| Taxes | 450/3 | €3,196 | €14,767 | +€11,571 | +362% |
| Other amounts payable | 47/48 | €208,000 | €182,000 | -€26,000 | -12.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,649 | €19,124 | +€17,474 | +1,059% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €107,318 | €265,647 | +€158,329 | +148% |
| Operating profit (loss) | 9901 | €105,281 | €246,123 | +€140,842 | +134% |
| Financial income | 75/76B | €122,385 | €1,926 | -€120,459 | -98.4% |
| Recurring financial income | 75 | €122,385 | €1,926 | -€120,459 | -98.4% |
| Financial charges | 65/66B | €1,989 | €6,516 | +€4,527 | +228% |
| Recurring financial charges | 65 | €1,989 | €6,516 | +€4,527 | +228% |
| Profit (loss) for the period before taxes | 9903 | €225,678 | €241,534 | +€15,857 | +7.0% |
| Income taxes | 67/77 | €24,172 | €62,368 | +€38,196 | +158% |
| Profit (loss) for the period | 9904 | €201,506 | €179,166 | -€22,340 | -11.1% |
| Profit (loss) for the period to be appropriated | 9905 | €201,506 | €179,166 | -€22,340 | -11.1% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.