Beheyt: what changed
Two fiscal 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.
What changed
Beheyt
NACE 32.123, Manufacture of jewellery
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€334,505
2024 · €247,454+€87,051
Equity
€10.5m
2024 · €10.2m+€334,505
Cash
€422,275
2024 · €561,318-€139,042
Balance sheet total
€15.2m
2024 · €15.3m-€118,084
Largest movements
Assets
- Stocks and contracts +€1.1m
up €1.1m (+13.6%), from €8.2m to €9.3m
- Receivables within one year -€715,508
down €715,508 (-15.4%), from €4.6m to €3.9m
of which Trade receivables: -€708,208
- Tangible fixed assets -€336,377
down €336,377 (-19.1%), from €1.8m to €1.4m
Equity and liabilities
- Short-term financial debts -€425,000
down €425,000 (-23.6%), from €1.8m to €1.4m
- Reserves +€334,505
up €334,505 (+3.4%), from €9.8m to €10.2m
of which Distributable reserves: +€333,036
- Debts after one year -€228,571
down €228,571 (-27.3%), from €838,095 to €609,524
Income statement
- Goods and materials +€753,219
up €753,219 (+9.9%), from €7.6m to €8.4m
of which Purchases: +€1.1m
- Turnover -€433,985
down €433,985 (-3.3%), from €13.3m to €12.9m
- Services and other goods -€133,750
down €133,750 (-6.1%), from €2.2m to €2.1m
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.
Result 2024
€247,454
Turnover
-€433,985
Other operating income
-€2,819
Goods and materials
-€753,219
Services and other goods
+€133,750
Staff costs
+€70,663
Depreciation
-€42,838
Write-downs
+€104,734
Other operating charges
+€12,238
Other operating items
+€879,521
Financial income
+€82,819
Financial charges
+€26,063
Taxes
+€10,125
Result 2025
€334,505
Cash bridge derived
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.
From operations
+€615,876
Investment
-€101,347
Financing
-€653,571
Cash 2024
€561,318
From operations (derived)
+€615,876
Net result for the year
+€334,505
Depreciation
+€446,019
Stocks and contracts
-€1.1m
Receivables within one year
+€715,508
Deferred charges and accrued income
+€27,589
Trade debts
+€94,404
Tax, wage and social debts
+€54,131
Other debts
+€56,090
Accrued charges and deferred income
-€3,643
Investment (derived)
-€101,347
Investment in fixed assets (net)
-€101,347
Financing
-€653,571
Debts after one year
-€228,571
Short-term financial debts
-€425,000
Cash 2025
€422,275
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €15,289,525 | €15,171,441 | -€118,084 | -0.8% |
| Fixed assets | 21/28 | €1,784,925 | €1,440,252 | -€344,672 | -19.3% |
| Intangible fixed assets | 21 | €16,685 | €8,390 | -€8,295 | -49.7% |
| Tangible fixed assets | 22/27 | €1,758,127 | €1,421,749 | -€336,377 | -19.1% |
| Land and buildings | 22 | €523,283 | €476,754 | -€46,529 | -8.9% |
| Plant, machinery and equipment | 23 | €690,236 | €525,884 | -€164,352 | -23.8% |
| Furniture and vehicles | 24 | €544,608 | €419,112 | -€125,496 | -23.0% |
| Financial fixed assets | 28 | €10,113 | €10,113 | = | 0.0% |
| Affiliated companies | 280/1 | €10,000 | €10,000 | = | 0.0% |
| Participating interests | 280 | €10,000 | €10,000 | = | 0.0% |
| Other financial fixed assets | 284/8 | €113 | €113 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €113 | €113 | = | 0.0% |
| Current assets | 29/58 | €13,504,600 | €13,731,188 | +€226,588 | +1.7% |
| Stocks and contracts in progress | 3 | €8,179,323 | €9,288,051 | +€1.1m | +13.6% |
| Stocks | 30/36 | €8,179,323 | €9,288,051 | +€1.1m | +13.6% |
| Raw materials and consumables | 30/31 | €1,558,956 | €1,897,304 | +€338,348 | +21.7% |
| Work in progress | 32 | €225,935 | €316,280 | +€90,345 | +40.0% |
| Finished goods | 33 | €6,394,432 | €7,074,467 | +€680,034 | +10.6% |
| Amounts receivable within one year | 40/41 | €4,638,533 | €3,923,026 | -€715,508 | -15.4% |
| Trade receivables | 40 | €4,631,233 | €3,923,026 | -€708,208 | -15.3% |
| Other amounts receivable | 41 | €7,300 | - | -€7,300 | |
| Cash at bank and in hand | 54/58 | €561,318 | €422,275 | -€139,042 | -24.8% |
| Deferred charges and accrued income | 490/1 | €125,426 | €97,837 | -€27,589 | -22.0% |
| Total equity and liabilities | 10/49 | €15,289,525 | €15,171,441 | -€118,084 | -0.8% |
| Equity | 10/15 | €10,152,648 | €10,487,153 | +€334,505 | +3.3% |
| Contributions | 10/11 | €322,262 | €322,262 | = | 0.0% |
| Reserves | 13 | €9,830,387 | €10,164,891 | +€334,505 | +3.4% |
| Tax-exempt reserves | 132 | €106,345 | €107,813 | +€1,468 | +1.4% |
| Distributable reserves | 133 | €9,724,042 | €10,057,078 | +€333,036 | +3.4% |
| Provisions and deferred taxes | 16 | €5,635 | €5,635 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €5,635 | €5,635 | = | 0.0% |
| Other liabilities and charges | 164/5 | €5,635 | €5,635 | = | 0.0% |
| Amounts payable | 17/49 | €5,131,241 | €4,678,653 | -€452,589 | -8.8% |
| Amounts payable after more than one year | 17 | €838,095 | €609,524 | -€228,571 | -27.3% |
| Financial debts | 170/4 | €838,095 | €609,524 | -€228,571 | -27.3% |
| Credit institutions | 173 | €838,095 | €609,524 | -€228,571 | -27.3% |
| Amounts payable within one year | 42/48 | €4,284,923 | €4,064,548 | -€220,374 | -5.1% |
| Current portion of amounts payable after more than one year | 42 | €228,571 | €228,571 | = | 0.0% |
| Financial debts | 43 | €1,800,000 | €1,375,000 | -€425,000 | -23.6% |
| Credit institutions | 430/8 | €1,800,000 | €1,375,000 | -€425,000 | -23.6% |
| Trade debts | 44 | €408,838 | €503,242 | +€94,404 | +23.1% |
| Suppliers | 440/4 | €408,838 | €503,242 | +€94,404 | +23.1% |
| Taxes, remuneration and social security | 45 | €512,031 | €566,163 | +€54,131 | +10.6% |
| Taxes | 450/3 | €68,805 | €74,956 | +€6,151 | +8.9% |
| Remuneration and social security | 454/9 | €443,226 | €491,206 | +€47,980 | +10.8% |
| Other amounts payable | 47/48 | €1,335,482 | €1,391,572 | +€56,090 | +4.2% |
| Accrued charges and deferred income | 492/3 | €8,223 | €4,581 | -€3,643 | -44.3% |
| Operating income | 70/76A | €13,244,019 | €13,686,717 | +€442,698 | +3.3% |
| Turnover | 70 | €13,330,260 | €12,896,275 | -€433,985 | -3.3% |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | -€115,563 | €770,380 | +€885,943 | |
| Other operating income | 74 | €22,881 | €20,062 | -€2,819 | -12.3% |
| Non-recurring operating income | 76A | €6,440 | - | -€6,440 | |
| Operating charges | 60/66A | €12,943,199 | €13,417,852 | +€474,653 | +3.7% |
| Goods for resale, raw materials and consumables | 60 | €7,625,452 | €8,378,671 | +€753,219 | +9.9% |
| Purchases | 600/8 | €7,633,118 | €8,717,019 | +€1.1m | +14.2% |
| Change in stocks: decrease (increase) | 609 | -€7,666 | -€338,348 | -€330,682 | -4313.8% |
| Services and other goods | 61 | €2,190,847 | €2,057,097 | -€133,750 | -6.1% |
| Remuneration, social security and pensions | 62 | €2,609,715 | €2,539,052 | -€70,663 | -2.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €403,181 | €446,019 | +€42,838 | +10.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €84,762 | -€19,972 | -€104,734 | |
| Other operating charges | 640/8 | €29,212 | €16,974 | -€12,238 | -41.9% |
| Non-recurring operating charges | 66A | €30 | €12 | -€18 | -61.0% |
| Operating profit (loss) | 9901 | €300,820 | €268,864 | -€31,956 | -10.6% |
| Financial income | 75/76B | €312,328 | €395,147 | +€82,819 | +26.5% |
| Recurring financial income | 75 | €312,328 | €395,147 | +€82,819 | +26.5% |
| Income from financial fixed assets | 750 | €198,000 | €335,000 | +€137,000 | +69.2% |
| Other financial income | 752/9 | €114,328 | €60,147 | -€54,181 | -47.4% |
| Financial charges | 65/66B | €322,987 | €296,924 | -€26,063 | -8.1% |
| Recurring financial charges | 65 | €322,987 | €296,924 | -€26,063 | -8.1% |
| Debt charges | 650 | €189,443 | €163,102 | -€26,341 | -13.9% |
| Other financial charges | 652/9 | €133,544 | €133,822 | +€278 | +0.2% |
| Profit (loss) for the period before taxes | 9903 | €290,162 | €367,087 | +€76,926 | +26.5% |
| Income taxes | 67/77 | €42,708 | €32,583 | -€10,125 | -23.7% |
| Taxes | 670/3 | €42,708 | €32,583 | -€10,125 | -23.7% |
| Profit (loss) for the period | 9904 | €247,454 | €334,505 | +€87,051 | +35.2% |
| Transfer to tax-exempt reserves | 689 | €1,426 | €1,468 | +€43 | +3.0% |
| Profit (loss) for the period to be appropriated | 9905 | €246,029 | €333,036 | +€87,008 | +35.4% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.