Beotel: 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.
What changed
Beotel
NACE 70.200, Business and other management consultancy
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€79,594
2024 · -€109,814+€30,220
Equity
€11.7m
2024 · €11.7m-€79,594
Cash
€410,596
2024 · €1.4m-€955,546
Balance sheet total
€15.2m
2024 · €14.2m+€1.0m
Largest movements
Assets
- Current investments +€1.6m
up €1.6m (+23.6%), from €6.8m to €8.4m
- Financial fixed assets +€1.2m
up €1.2m (+4,937,501%), from €25 to €1.2m
- Receivables within one year -€1.0m
down €1.0m (-63.7%), from €1.6m to €575,953
of which Other amounts receivable: -€1.0m
- Cash -€955,546
down €955,546 (-69.9%), from €1.4m to €410,596
mainly Current investments (-€1.6m) and Investment in fixed assets (net) (-€1.5m)
Equity and liabilities
- Debts after one year +€577,605
up €577,605 (+28.2%), from €2.1m to €2.6m
- Short-term financial debts +€500,000
new in 2025: €500,000
Income statement
- Other operating charges +€285,190
up €285,190 (+5,944%), from €4,798 to €289,988
- Financial charges -€214,205
down €214,205 (-69.5%), from €308,042 to €93,837
- Financial income +€81,235
up €81,235 (+27.8%), from €292,608 to €373,843
- Taxes -€60,886
down €60,886 (-99.7%), from €61,098 to €211
- Depreciation +€50,691
up €50,691 (+66.6%), from €76,129 to €126,820
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
-€109,814
Gross operating margin
+€4,070
Depreciation
-€50,691
Other operating charges
-€285,190
Financial income
+€81,235
Financial charges
+€214,205
Taxes
+€60,886
Deferred taxes and other
+€5,705
Result 2025
-€79,594
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€1.0m
Investment
-€3.1m
Financing
+€1.1m
Cash 2024
€1.4m
From operations (derived)
+€1.0m
Net result for the year
-€79,594
Depreciation
+€126,820
Receivables after one year
-€29,304
Receivables within one year
+€1.0m
Smaller working-capital items
-€348
Provisions
-€6,143
Trade debts
-€8,155
Investment (derived)
-€3.1m
Investment in fixed assets (net)
-€1.5m
Current investments
-€1.6m
Financing
+€1.1m
Debts after one year
+€577,605
Current portion of long-term debt
+€18,572
Short-term financial debts
+€500,000
Cash 2025
€410,596
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €14,154,701 | €15,156,805 | +€1.0m | +7.1% |
| Fixed assets | 21/28 | €3,184,520 | €4,512,922 | +€1.3m | +41.7% |
| Tangible fixed assets | 22/27 | €3,184,495 | €3,278,521 | +€94,026 | +3.0% |
| Land and buildings | 22 | €3,172,761 | €3,277,680 | +€104,919 | +3.3% |
| Furniture and vehicles | 24 | €11,734 | €841 | -€10,893 | -92.8% |
| Financial fixed assets | 28 | €25 | €1,234,400 | +€1.2m | +4,937,501% |
| Current assets | 29/58 | €10,970,181 | €10,643,884 | -€326,297 | -3.0% |
| Amounts receivable after more than one year | 29 | €1,191,560 | €1,220,864 | +€29,304 | +2.5% |
| Other amounts receivable | 291 | €1,191,560 | €1,220,864 | +€29,304 | +2.5% |
| Amounts receivable within one year | 40/41 | €1,585,603 | €575,953 | -€1.0m | -63.7% |
| Trade receivables | 40 | €8,706 | €12,100 | +€3,394 | +39.0% |
| Other amounts receivable | 41 | €1,576,897 | €563,853 | -€1.0m | -64.2% |
| Current investments | 50/53 | €6,824,610 | €8,434,037 | +€1.6m | +23.6% |
| Cash at bank and in hand | 54/58 | €1,366,142 | €410,596 | -€955,546 | -69.9% |
| Deferred charges and accrued income | 490/1 | €2,266 | €2,434 | +€168 | +7.4% |
| Total equity and liabilities | 10/49 | €14,154,701 | €15,156,805 | +€1.0m | +7.1% |
| Equity | 10/15 | €11,749,266 | €11,669,672 | -€79,594 | -0.7% |
| Contributions | 10/11 | €133,550 | €133,550 | = | 0.0% |
| Reserves | 13 | €824,229 | €805,801 | -€18,428 | -2.2% |
| Non-distributable reserves | 130/1 | €13,355 | €13,355 | = | 0.0% |
| Reserves not available under the articles | 1311 | €13,355 | €13,355 | = | 0.0% |
| Tax-exempt reserves | 132 | €606,874 | €588,446 | -€18,428 | -3.0% |
| Distributable reserves | 133 | €204,000 | €204,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €10,791,488 | €10,730,321 | -€61,166 | -0.6% |
| Provisions and deferred taxes | 16 | €202,291 | €196,149 | -€6,143 | -3.0% |
| Deferred taxes | 168 | €202,291 | €196,149 | -€6,143 | -3.0% |
| Amounts payable | 17/49 | €2,203,144 | €3,290,985 | +€1.1m | +49.4% |
| Amounts payable after more than one year | 17 | €2,050,721 | €2,628,326 | +€577,605 | +28.2% |
| Financial debts | 170/4 | €2,050,721 | €2,628,326 | +€577,605 | +28.2% |
| Amounts payable within one year | 42/48 | €152,423 | €660,746 | +€508,323 | +333% |
| Current portion of amounts payable after more than one year | 42 | €138,199 | €156,771 | +€18,572 | +13.4% |
| Financial debts | 43 | - | €500,000 | +€500,000 | |
| Credit institutions | 430/8 | - | €500,000 | +€500,000 | |
| Trade debts | 44 | €11,455 | €3,300 | -€8,155 | -71.2% |
| Suppliers | 440/4 | €11,455 | €3,300 | -€8,155 | -71.2% |
| Taxes, remuneration and social security | 45 | €2,769 | €675 | -€2,094 | -75.6% |
| Taxes | 450/3 | €2,769 | €675 | -€2,094 | -75.6% |
| Accrued charges and deferred income | 492/3 | - | €1,913 | +€1,913 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €76,129 | €126,820 | +€50,691 | +66.6% |
| Other operating charges | 640/8 | €4,798 | €289,988 | +€285,190 | +5,944% |
| Gross operating margin | 9900 | €47,206 | €51,276 | +€4,070 | +8.6% |
| Operating profit (loss) | 9901 | -€33,721 | -€365,532 | -€331,812 | -984% |
| Financial income | 75/76B | €292,608 | €373,843 | +€81,235 | +27.8% |
| Recurring financial income | 75 | €292,608 | €373,843 | +€81,235 | +27.8% |
| Financial charges | 65/66B | €308,042 | €93,837 | -€214,205 | -69.5% |
| Recurring financial charges | 65 | €308,042 | €93,837 | -€214,205 | -69.5% |
| Profit (loss) for the period before taxes | 9903 | -€49,154 | -€85,526 | -€36,372 | -74.0% |
| Transfer from deferred taxes | 780 | €438 | €6,143 | +€5,705 | +1,304% |
| Income taxes | 67/77 | €61,098 | €211 | -€60,886 | -99.7% |
| Profit (loss) for the period | 9904 | -€109,814 | -€79,594 | +€30,220 | +27.5% |
| Transfer from tax-exempt reserves | 789 | €1,313 | €18,428 | +€17,115 | +1,304% |
| Profit (loss) for the period to be appropriated | 9905 | -€108,501 | -€61,166 | +€47,335 | +43.6% |
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 20 October 2026 via checked.be.