BEUKEN MANAGEMENT: 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.
BEUKEN MANAGEMENT
Largest movements
- Cash +€198,025
up €198,025 (+2,173%), from €9,115 to €207,140
mainly Other debts (+€644,443) and Net result for the year (+€196,571)
- Receivables within one year -€119,304
down €119,304 (-91.8%), from €130,000 to €10,696
of which Other amounts receivable: -€130,000
- Reserves -€646,756
no longer reported in 2025 (was €646,756)
- Other debts +€644,443
up €644,443 (+140%), from €459,447 to €1.1m
- Profit (loss) carried forward +€196,571
new in 2025: €196,571
- Debts after one year -€82,659
down €82,659 (-46.9%), from €176,207 to €93,548
- Tax, wage and social debts -€35,480
down €35,480 (-42.0%), from €84,377 to €48,897
- Gross operating margin +€5,717
up €5,717 (+2.7%), from €208,817 to €214,534
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 | €1,451,877 | €1,527,565 | +€75,688 | +5.2% |
| Fixed assets | 21/28 | €1,007,566 | €1,003,137 | -€4,429 | -0.4% |
| Tangible fixed assets | 22/27 | €7,566 | €3,137 | -€4,429 | -58.5% |
| Furniture and vehicles | 24 | €7,566 | €3,137 | -€4,429 | -58.5% |
| Financial fixed assets | 28 | €1,000,000 | €1,000,000 | = | 0.0% |
| Current assets | 29/58 | €444,310 | €524,428 | +€80,117 | +18.0% |
| Amounts receivable within one year | 40/41 | €130,000 | €10,696 | -€119,304 | -91.8% |
| Trade receivables | 40 | €0 | €10,696 | +€10,696 | |
| Other amounts receivable | 41 | €130,000 | - | -€130,000 | |
| Current investments | 50/53 | €304,098 | €305,265 | +€1,168 | +0.4% |
| Cash at bank and in hand | 54/58 | €9,115 | €207,140 | +€198,025 | +2,173% |
| Deferred charges and accrued income | 490/1 | €1,098 | €1,326 | +€228 | +20.8% |
| Total equity and liabilities | 10/49 | €1,451,877 | €1,527,565 | +€75,688 | +5.2% |
| Equity | 10/15 | €648,756 | €198,571 | -€450,185 | -69.4% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €646,756 | - | -€646,756 | |
| Distributable reserves | 133 | €646,756 | - | -€646,756 | |
| Profit (loss) carried forward | 14 | - | €196,571 | +€196,571 | |
| Amounts payable | 17/49 | €803,121 | €1,328,994 | +€525,873 | +65.5% |
| Amounts payable after more than one year | 17 | €176,207 | €93,548 | -€82,659 | -46.9% |
| Financial debts | 170/4 | €176,207 | €93,548 | -€82,659 | -46.9% |
| Amounts payable within one year | 42/48 | €626,914 | €1,235,446 | +€608,532 | +97.1% |
| Current portion of amounts payable after more than one year | 42 | €83,090 | €82,659 | -€430 | -0.5% |
| Taxes, remuneration and social security | 45 | €84,377 | €48,897 | -€35,480 | -42.0% |
| Taxes | 450/3 | €84,377 | €48,897 | -€35,480 | -42.0% |
| Other amounts payable | 47/48 | €459,447 | €1,103,890 | +€644,443 | +140% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,429 | €4,429 | = | 0.0% |
| Other operating charges | 640/8 | €1,201 | €1,289 | +€88 | +7.3% |
| Gross operating margin | 9900 | €208,817 | €214,534 | +€5,717 | +2.7% |
| Operating profit (loss) | 9901 | €203,187 | €208,816 | +€5,629 | +2.8% |
| Financial income | 75/76B | €4,079 | €2,513 | -€1,566 | -38.4% |
| Recurring financial income | 75 | €4,079 | €2,513 | -€1,566 | -38.4% |
| Financial charges | 65/66B | €3,360 | €1,915 | -€1,445 | -43.0% |
| Recurring financial charges | 65 | €3,360 | €1,915 | -€1,445 | -43.0% |
| Profit (loss) for the period before taxes | 9903 | €203,906 | €209,415 | +€5,508 | +2.7% |
| Income taxes | 67/77 | €12,915 | €12,843 | -€72 | -0.6% |
| Profit (loss) for the period | 9904 | €190,991 | €196,571 | +€5,580 | +2.9% |
| Profit (loss) for the period to be appropriated | 9905 | €190,991 | €196,571 | +€5,580 | +2.9% |
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 23 October 2026 via checked.be.