BEUK: 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.
BEUK
Largest movements
- Cash -€16,454
down €16,454 (-83.5%), from €19,711 to €3,257
mainly Short-term financial debts (-€25,000) and Receivables within one year (-€6,501)
- Receivables within one year +€6,501
up €6,501 (+20.0%), from €32,522 to €39,023
- Tangible fixed assets -€5,190
down €5,190 (-2.4%), from €213,235 to €208,045
of which Plant, machinery and equipment: -€5,190
- Stocks and contracts -€4,284
down €4,284 (-8.4%), from €50,912 to €46,627
- Short-term financial debts -€25,000
down €25,000 (-100.0%), from €25,000 to €0
- Profit (loss) carried forward +€11,045
up €11,045 (+181.1%), from €6,098 to €17,143
- Trade debts -€5,165
down €5,165 (-36.1%), from €14,326 to €9,161
- Gross operating margin +€3,586
up €3,586 (+4.6%), from €78,676 to €82,262
- Staff costs +€1,841
up €1,841 (+3.9%), from €47,710 to €49,551
- Other operating charges -€1,479
down €1,479 (-16.6%), from €8,892 to €7,413
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €317,032 | €297,105 | -€19,927 | -6.3% |
| Fixed assets | 21/28 | €213,389 | €208,198 | -€5,190 | -2.4% |
| Tangible fixed assets | 22/27 | €213,235 | €208,045 | -€5,190 | -2.4% |
| Land and buildings | 22 | €204,119 | €204,119 | = | 0.0% |
| Plant, machinery and equipment | 23 | €9,116 | €3,926 | -€5,190 | -56.9% |
| Financial fixed assets | 28 | €154 | €154 | = | 0.0% |
| Current assets | 29/58 | €103,644 | €88,907 | -€14,737 | -14.2% |
| Stocks and contracts in progress | 3 | €50,912 | €46,627 | -€4,284 | -8.4% |
| Stocks | 30/36 | €50,912 | €46,627 | -€4,284 | -8.4% |
| Amounts receivable within one year | 40/41 | €32,522 | €39,023 | +€6,501 | +20.0% |
| Trade receivables | 40 | €32,522 | €39,023 | +€6,501 | +20.0% |
| Cash at bank and in hand | 54/58 | €19,711 | €3,257 | -€16,454 | -83.5% |
| Deferred charges and accrued income | 490/1 | €500 | €0 | -€500 | -100.0% |
| Total equity and liabilities | 10/49 | €317,032 | €297,105 | -€19,927 | -6.3% |
| Equity | 10/15 | €173,819 | €184,863 | +€11,045 | +6.4% |
| Contributions | 10/11 | €163,000 | €163,000 | = | 0.0% |
| Capital | 10 | €163,000 | €163,000 | = | 0.0% |
| Issued capital | 100 | €163,000 | €163,000 | = | 0.0% |
| Reserves | 13 | €4,720 | €4,720 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,720 | €1,720 | = | 0.0% |
| Legal reserve | 130 | €1,720 | €1,720 | = | 0.0% |
| Tax-exempt reserves | 132 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €6,098 | €17,143 | +€11,045 | +181.1% |
| Amounts payable | 17/49 | €143,214 | €112,242 | -€30,972 | -21.6% |
| Amounts payable within one year | 42/48 | €143,214 | €112,242 | -€30,972 | -21.6% |
| Financial debts | 43 | €25,000 | €0 | -€25,000 | -100.0% |
| Credit institutions | 430/8 | €25,000 | €0 | -€25,000 | -100.0% |
| Trade debts | 44 | €14,326 | €9,161 | -€5,165 | -36.1% |
| Suppliers | 440/4 | €14,326 | €9,161 | -€5,165 | -36.1% |
| Taxes, remuneration and social security | 45 | €6,933 | €6,126 | -€807 | -11.6% |
| Taxes | 450/3 | €6,933 | €6,126 | -€807 | -11.6% |
| Other amounts payable | 47/48 | €96,955 | €96,955 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €47,710 | €49,551 | +€1,841 | +3.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,182 | €5,190 | +€8 | +0.2% |
| Other operating charges | 640/8 | €8,892 | €7,413 | -€1,479 | -16.6% |
| Gross operating margin | 9900 | €78,676 | €82,262 | +€3,586 | +4.6% |
| Operating profit (loss) | 9901 | €16,892 | €20,108 | +€3,216 | +19.0% |
| Financial income | 75/76B | €42 | €43 | +€1 | +3.1% |
| Recurring financial income | 75 | €42 | €43 | +€1 | +3.1% |
| Financial charges | 65/66B | €5,404 | €5,140 | -€263 | -4.9% |
| Recurring financial charges | 65 | €5,404 | €5,140 | -€263 | -4.9% |
| Profit (loss) for the period before taxes | 9903 | €11,530 | €15,011 | +€3,481 | +30.2% |
| Income taxes | 67/77 | €3,534 | €3,966 | +€432 | +12.2% |
| Profit (loss) for the period | 9904 | €7,996 | €11,045 | +€3,049 | +38.1% |
| Profit (loss) for the period to be appropriated | 9905 | €7,996 | €11,045 | +€3,049 | +38.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.