BEO CONSULT: 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.
BEO CONSULT
Largest movements
- Cash -€83,174
down €83,174 (-34.1%), from €243,672 to €160,498
mainly Contributions, distributions and other (-€112,558) and Stocks and contracts (-€15,105)
- Stocks and contracts +€15,105
new in 2025: €15,105
- Receivables within one year +€9,546
up €9,546 (+48.4%), from €19,743 to €29,288
of which Trade receivables: +€7,290
- Deferred charges and accrued income +€2,732
up €2,732 (+172%), from €1,590 to €4,321
- Reserves -€87,656
down €87,656 (-38.2%), from €229,357 to €141,701
- Other debts +€21,725
up €21,725 (+112%), from €19,455 to €41,180
- Tax, wage and social debts +€7,935
up €7,935 (+104%), from €7,651 to €15,586
of which Remuneration and social security: +€6,300
- Gross operating margin -€10,418
down €10,418 (-20.5%), from €50,837 to €40,419
- Financial charges -€2,869
down €2,869 (-68.7%), from €4,178 to €1,309
- Write-downs +€1,560
up €1,560, from -€1,560 to €0
- Other operating charges -€1,468
down €1,468 (-58.2%), from €2,520 to €1,052
- Financial income -€782
down €782 (-32.4%), from €2,417 to €1,634
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 | €266,885 | €210,862 | -€56,023 | -21.0% |
| Fixed assets | 21/28 | €1,880 | €1,648 | -€232 | -12.3% |
| Tangible fixed assets | 22/27 | €1,880 | €1,648 | -€232 | -12.3% |
| Plant, machinery and equipment | 23 | - | €1,407 | +€1,407 | |
| Furniture and vehicles | 24 | €1,880 | €242 | -€1,639 | -87.2% |
| Current assets | 29/58 | €265,004 | €209,213 | -€55,791 | -21.1% |
| Stocks and contracts in progress | 3 | - | €15,105 | +€15,105 | |
| Stocks | 30/36 | - | €15,105 | +€15,105 | |
| Amounts receivable within one year | 40/41 | €19,743 | €29,288 | +€9,546 | +48.4% |
| Trade receivables | 40 | €19,415 | €26,705 | +€7,290 | +37.5% |
| Other amounts receivable | 41 | €328 | €2,584 | +€2,256 | +689% |
| Cash at bank and in hand | 54/58 | €243,672 | €160,498 | -€83,174 | -34.1% |
| Deferred charges and accrued income | 490/1 | €1,590 | €4,321 | +€2,732 | +172% |
| Total equity and liabilities | 10/49 | €266,885 | €210,862 | -€56,023 | -21.0% |
| Equity | 10/15 | €235,841 | €148,185 | -€87,656 | -37.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €229,357 | €141,701 | -€87,656 | -38.2% |
| Distributable reserves | 133 | €229,357 | €141,701 | -€87,656 | -38.2% |
| Profit (loss) carried forward | 14 | €284 | €284 | = | 0.0% |
| Amounts payable | 17/49 | €31,044 | €62,677 | +€31,633 | +102% |
| Amounts payable within one year | 42/48 | €31,044 | €62,677 | +€31,633 | +102% |
| Trade debts | 44 | €3,938 | €5,911 | +€1,973 | +50.1% |
| Suppliers | 440/4 | €3,938 | €5,911 | +€1,973 | +50.1% |
| Taxes, remuneration and social security | 45 | €7,651 | €15,586 | +€7,935 | +104% |
| Taxes | 450/3 | €5,551 | €7,186 | +€1,635 | +29.5% |
| Remuneration and social security | 454/9 | €2,100 | €8,400 | +€6,300 | +300% |
| Other amounts payable | 47/48 | €19,455 | €41,180 | +€21,725 | +112% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,639 | €1,858 | +€219 | +13.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€1,560 | €0 | +€1,560 | |
| Other operating charges | 640/8 | €2,520 | €1,052 | -€1,468 | -58.2% |
| Gross operating margin | 9900 | €50,837 | €40,419 | -€10,418 | -20.5% |
| Operating profit (loss) | 9901 | €48,238 | €37,509 | -€10,729 | -22.2% |
| Financial income | 75/76B | €2,417 | €1,634 | -€782 | -32.4% |
| Recurring financial income | 75 | €2,417 | €1,634 | -€782 | -32.4% |
| Financial charges | 65/66B | €4,178 | €1,309 | -€2,869 | -68.7% |
| Recurring financial charges | 65 | €4,178 | €1,309 | -€2,869 | -68.7% |
| Profit (loss) for the period before taxes | 9903 | €46,477 | €37,834 | -€8,643 | -18.6% |
| Income taxes | 67/77 | €13,418 | €12,931 | -€487 | -3.6% |
| Profit (loss) for the period | 9904 | €33,059 | €24,903 | -€8,156 | -24.7% |
| Profit (loss) for the period to be appropriated | 9905 | €33,059 | €24,903 | -€8,156 | -24.7% |
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 16 October 2026 via checked.be.