Begur consulting: 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.
Begur consulting
Largest movements
- Current investments +€67,160
up €67,160 (+48.0%), from €140,000 to €207,160
- Cash -€9,468
down €9,468 (-11.6%), from €81,948 to €72,480
mainly Current investments (-€67,160) and Contributions, distributions and other (-€26,429)
- Reserves +€140,114
up €140,114 (+56.3%), from €248,775 to €388,889
- Profit (loss) carried forward -€79,056
no longer reported in 2025 (was €79,056)
- Debts after one year -€21,340
down €21,340 (-10.9%), from €196,159 to €174,819
- Tax, wage and social debts +€12,104
up €12,104 (+182%), from €6,640 to €18,744
of which Taxes: +€15,425
- Short-term financial debts -€7,127
down €7,127 (-58.2%), from €12,245 to €5,117
- Gross operating margin +€26,027
up €26,027 (+13.5%), from €192,911 to €218,938
- Taxes +€16,341
up €16,341 (+82.3%), from €19,864 to €36,204
- Staff costs -€13,133
down €13,133 (-13.8%), from €95,325 to €82,192
- Financial income +€12,894
up €12,894 (+1,848%), from €698 to €13,591
of which Financial income: +€8,599
- Financial charges -€4,443
down €4,443 (-31.6%), from €14,041 to €9,598
of which Non-recurring financial charges: -€3,356
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 | €599,983 | €649,276 | +€49,293 | +8.2% |
| Fixed assets | 21/28 | €344,766 | €339,579 | -€5,186 | -1.5% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €344,766 | €339,579 | -€5,186 | -1.5% |
| Land and buildings | 22 | €334,789 | €322,972 | -€11,817 | -3.5% |
| Plant, machinery and equipment | 23 | €4,747 | €5,565 | +€818 | +17.2% |
| Furniture and vehicles | 24 | €5,230 | €11,043 | +€5,813 | +111% |
| Current assets | 29/58 | €255,217 | €309,697 | +€54,480 | +21.3% |
| Amounts receivable within one year | 40/41 | €4,421 | €51 | -€4,370 | -98.8% |
| Trade receivables | 40 | €75 | €51 | -€24 | -32.2% |
| Other amounts receivable | 41 | €4,345 | - | -€4,345 | |
| Current investments | 50/53 | €140,000 | €207,160 | +€67,160 | +48.0% |
| Cash at bank and in hand | 54/58 | €81,948 | €72,480 | -€9,468 | -11.6% |
| Deferred charges and accrued income | 490/1 | €28,848 | €30,005 | +€1,157 | +4.0% |
| Total equity and liabilities | 10/49 | €599,983 | €649,276 | +€49,293 | +8.2% |
| Equity | 10/15 | €334,031 | €395,089 | +€61,057 | +18.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €248,775 | €388,889 | +€140,114 | +56.3% |
| Distributable reserves | 133 | €248,775 | €388,889 | +€140,114 | +56.3% |
| Profit (loss) carried forward | 14 | €79,056 | - | -€79,056 | |
| Amounts payable | 17/49 | €265,951 | €254,187 | -€11,764 | -4.4% |
| Amounts payable after more than one year | 17 | €196,159 | €174,819 | -€21,340 | -10.9% |
| Financial debts | 170/4 | €196,159 | €174,819 | -€21,340 | -10.9% |
| Amounts payable within one year | 42/48 | €69,792 | €79,368 | +€9,576 | +13.7% |
| Current portion of amounts payable after more than one year | 42 | €21,019 | €21,340 | +€321 | +1.5% |
| Financial debts | 43 | €12,245 | €5,117 | -€7,127 | -58.2% |
| Credit institutions | 430/8 | €12,245 | €5,117 | -€7,127 | -58.2% |
| Trade debts | 44 | €7,762 | €5,300 | -€2,462 | -31.7% |
| Suppliers | 440/4 | €7,762 | €5,300 | -€2,462 | -31.7% |
| Taxes, remuneration and social security | 45 | €6,640 | €18,744 | +€12,104 | +182% |
| Taxes | 450/3 | - | €15,425 | +€15,425 | |
| Remuneration and social security | 454/9 | €6,640 | €3,319 | -€3,321 | -50.0% |
| Other amounts payable | 47/48 | €22,126 | €28,867 | +€6,740 | +30.5% |
| Remuneration, social security and pensions | 62 | €95,325 | €82,192 | -€13,133 | -13.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,555 | €14,890 | -€665 | -4.3% |
| Other operating charges | 640/8 | €4,538 | €2,159 | -€2,379 | -52.4% |
| Gross operating margin | 9900 | €192,911 | €218,938 | +€26,027 | +13.5% |
| Operating profit (loss) | 9901 | €77,493 | €119,697 | +€42,204 | +54.5% |
| Financial income | 75/76B | €698 | €13,591 | +€12,894 | +1,848% |
| Recurring financial income | 75 | €698 | €9,296 | +€8,599 | +1,233% |
| Non-recurring financial income | 76B | - | €4,295 | +€4,295 | |
| Financial charges | 65/66B | €14,041 | €9,598 | -€4,443 | -31.6% |
| Recurring financial charges | 65 | €9,422 | €8,335 | -€1,087 | -11.5% |
| Non-recurring financial charges | 66B | €4,619 | €1,262 | -€3,356 | -72.7% |
| Profit (loss) for the period before taxes | 9903 | €64,150 | €123,690 | +€59,540 | +92.8% |
| Income taxes | 67/77 | €19,864 | €36,204 | +€16,341 | +82.3% |
| Profit (loss) for the period | 9904 | €44,286 | €87,486 | +€43,200 | +97.5% |
| Profit (loss) for the period to be appropriated | 9905 | €44,286 | €87,486 | +€43,200 | +97.5% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.