BeuginGaray Benelux: 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.
BeuginGaray Benelux
Largest movements
- Receivables within one year -€322,936
down €322,936 (-43.4%), from €744,601 to €421,665
of which Trade receivables: -€318,179
- Deferred charges and accrued income +€105,398
up €105,398, from €0 to €105,398
- Stocks and contracts -€97,438
down €97,438 (-11.7%), from €832,286 to €734,848
of which Stocks: -€50,842
- Tangible fixed assets -€37,062
down €37,062 (-55.9%), from €66,271 to €29,209
of which Leasing and similar rights: -€21,950
- Cash +€35,147
up €35,147 (+68.6%), from €51,233 to €86,380
mainly Receivables within one year (+€322,936) and Stocks and contracts (+€97,438)
- Profit (loss) carried forward -€144,789
down €144,789 (-7.3%), from -€2.0m to -€2.1m
- Trade debts -€113,494
down €113,494 (-7.2%), from €1.6m to €1.5m
- Advances received -€89,833
down €89,833 (-16.1%), from €558,741 to €468,908
- Other debts +€47,822
up €47,822 (+4.3%), from €1.1m to €1.2m
- Staff costs -€769,085
down €769,085 (-51.6%), from €1.5m to €721,213
- Gross operating margin +€62,980
up €62,980 (+10.4%), from €606,063 to €669,043
- Depreciation -€23,712
down €23,712 (-31.6%), from €75,065 to €51,353
- Other operating charges -€8,816
down €8,816 (-73.4%), from €12,008 to €3,192
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 | €1,767,623 | €1,438,047 | -€329,576 | -18.6% |
| Fixed assets | 21/28 | €139,504 | €89,757 | -€49,747 | -35.7% |
| Intangible fixed assets | 21 | €60,750 | €48,066 | -€12,685 | -20.9% |
| Tangible fixed assets | 22/27 | €66,271 | €29,209 | -€37,062 | -55.9% |
| Plant, machinery and equipment | 23 | €10,830 | €3,588 | -€7,242 | -66.9% |
| Furniture and vehicles | 24 | €17,067 | €9,197 | -€7,870 | -46.1% |
| Leasing and similar rights | 25 | €38,374 | €16,423 | -€21,950 | -57.2% |
| Financial fixed assets | 28 | €12,483 | €12,483 | = | 0.0% |
| Current assets | 29/58 | €1,628,119 | €1,348,290 | -€279,829 | -17.2% |
| Stocks and contracts in progress | 3 | €832,286 | €734,848 | -€97,438 | -11.7% |
| Stocks | 30/36 | €170,564 | €119,722 | -€50,842 | -29.8% |
| Contracts in progress | 37 | €661,722 | €615,126 | -€46,596 | -7.0% |
| Amounts receivable within one year | 40/41 | €744,601 | €421,665 | -€322,936 | -43.4% |
| Trade receivables | 40 | €718,276 | €400,097 | -€318,179 | -44.3% |
| Other amounts receivable | 41 | €26,325 | €21,568 | -€4,757 | -18.1% |
| Cash at bank and in hand | 54/58 | €51,233 | €86,380 | +€35,147 | +68.6% |
| Deferred charges and accrued income | 490/1 | €0 | €105,398 | +€105,398 | |
| Total equity and liabilities | 10/49 | €1,767,623 | €1,438,047 | -€329,576 | -18.6% |
| Equity | 10/15 | -€1,674,213 | -€1,819,002 | -€144,789 | -8.6% |
| Contributions | 10/11 | €300,000 | €300,000 | = | 0.0% |
| Capital | 10 | €300,000 | €300,000 | = | 0.0% |
| Issued capital | 100 | €300,000 | €300,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,974,213 | -€2,119,002 | -€144,789 | -7.3% |
| Amounts payable | 17/49 | €3,441,836 | €3,257,049 | -€184,787 | -5.4% |
| Amounts payable after more than one year | 17 | €16,851 | €5,739 | -€11,113 | -65.9% |
| Financial debts | 170/4 | €16,851 | €5,739 | -€11,113 | -65.9% |
| Amounts payable within one year | 42/48 | €3,424,745 | €3,251,311 | -€173,434 | -5.1% |
| Current portion of amounts payable after more than one year | 42 | €21,518 | €10,779 | -€10,739 | -49.9% |
| Trade debts | 44 | €1,582,235 | €1,468,742 | -€113,494 | -7.2% |
| Suppliers | 440/4 | €1,582,235 | €1,468,742 | -€113,494 | -7.2% |
| Advances received on contracts in progress | 46 | €558,741 | €468,908 | -€89,833 | -16.1% |
| Taxes, remuneration and social security | 45 | €140,112 | €132,922 | -€7,190 | -5.1% |
| Taxes | 450/3 | €5,302 | €36,090 | +€30,788 | +581% |
| Remuneration and social security | 454/9 | €134,809 | €96,832 | -€37,978 | -28.2% |
| Other amounts payable | 47/48 | €1,122,138 | €1,169,960 | +€47,822 | +4.3% |
| Accrued charges and deferred income | 492/3 | €240 | €0 | -€240 | -100% |
| Non-recurring operating income | 76A | €500 | €71,472 | +€70,972 | +14,194% |
| Remuneration, social security and pensions | 62 | €1,490,298 | €721,213 | -€769,085 | -51.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €75,065 | €51,353 | -€23,712 | -31.6% |
| Other operating charges | 640/8 | €12,008 | €3,192 | -€8,816 | -73.4% |
| Non-recurring operating charges | 66A | €290,490 | €35,971 | -€254,520 | -87.6% |
| Gross operating margin | 9900 | €606,063 | €669,043 | +€62,980 | +10.4% |
| Operating profit (loss) | 9901 | -€1,261,798 | -€142,686 | +€1.1m | +88.7% |
| Financial charges | 65/66B | €3,927 | €1,866 | -€2,061 | -52.5% |
| Recurring financial charges | 65 | €3,927 | €1,866 | -€2,061 | -52.5% |
| Profit (loss) for the period before taxes | 9903 | -€1,265,725 | -€144,552 | +€1.1m | +88.6% |
| Income taxes | 67/77 | €1,420 | €237 | -€1,183 | -83.3% |
| Profit (loss) for the period | 9904 | -€1,267,145 | -€144,789 | +€1.1m | +88.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,267,145 | -€144,789 | +€1.1m | +88.6% |
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 28 October 2026 via checked.be.