BEUKENWOUD: 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
BEUKENWOUD
NACE 64.210, Activities of holding companies
financial year 2024 compared with 2023filed annual accounts (NBB)
Net result for the year
-€2.4m
2023 · -€42.2m+€39.8m
Equity
€11.4m
2023 · €13.8m-€2.4m
Cash
€2,393
2023 · €121+€2,272
Balance sheet total
€52.9m
2023 · €50.5m+€2.4m
Largest movements
Assets
- Financial fixed assets +€3.2m
up €3.2m (+6.4%), from €49.3m to €52.5m
- Receivables within one year -€531,014
down €531,014 (-93.4%), from €568,347 to €37,333
of which Trade receivables: -€510,000
Equity and liabilities
- Debts after one year +€3.7m
up €3.7m (+11.6%), from €32.1m to €35.9m
- Profit (loss) carried forward -€2.4m
down €2.4m (-4.7%), from -€51.2m to -€53.6m
- Accrued charges and deferred income +€1.3m
up €1.3m (+30.6%), from €4.3m to €5.6m
Income statement
- Financial charges -€40.7m
down €40.7m (-95.7%), from €42.6m to €1.8m
- Services and other goods -€1.0m
no longer reported in 2024 (was €1.0m)
- Turnover -€484,096
down €484,096 (-67.0%), from €722,776 to €238,680
- Financial income -€411,912
down €411,912 (-64.3%), from €640,891 to €228,979
- Gross operating margin -€395,785
new in 2024: -€395,785
From the 2023 result to the 2024 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 2023
-€42.2m
Turnover
-€484,096
Other operating income
-€73
Services and other goods
+€1.0m
Other operating charges
-€389,272
Other operating items
-€634,465
Financial income
-€411,912
Financial charges
+€40.7m
Result 2024
-€2.4m
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
-€586,552
Investment
-€3.2m
Financing
+€3.7m
Cash 2023
€121
From operations (derived)
-€586,552
Net result for the year
-€2.4m
Depreciation
+€323
Receivables after one year
+€174,178
Receivables within one year
+€531,014
Smaller working-capital items
+€7,191
Trade debts
-€208,513
Accrued charges and deferred income
+€1.3m
Investment (derived)
-€3.2m
Investment in fixed assets (net)
-€3.2m
Financing
+€3.7m
Debts after one year
+€3.7m
Cash 2024
€2,393
brings cash intakes cash out
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €50,460,305 | €52,902,959 | +€2.4m | +4.8% |
| Fixed assets | 21/28 | €49,337,767 | €52,490,531 | +€3.2m | +6.4% |
| Tangible fixed assets | 22/27 | €358 | €35 | -€323 | -90.3% |
| Furniture and vehicles | 24 | €358 | €35 | -€323 | -90.3% |
| Financial fixed assets | 28 | €49,337,409 | €52,490,497 | +€3.2m | +6.4% |
| Affiliated companies | 280/1 | €49,337,409 | - | -€49.3m | |
| Participating interests | 280 | €37,316,937 | - | -€37.3m | |
| Amounts receivable | 281 | €12,020,472 | - | -€12.0m | |
| Current assets | 29/58 | €1,122,538 | €412,427 | -€710,111 | -63.3% |
| Amounts receivable after more than one year | 29 | €536,182 | €362,005 | -€174,178 | -32.5% |
| Other amounts receivable | 291 | €536,182 | €362,005 | -€174,178 | -32.5% |
| Amounts receivable within one year | 40/41 | €568,347 | €37,333 | -€531,014 | -93.4% |
| Trade receivables | 40 | €527,470 | €17,470 | -€510,000 | -96.7% |
| Other amounts receivable | 41 | €40,878 | €19,864 | -€21,014 | -51.4% |
| Cash at bank and in hand | 54/58 | €121 | €2,393 | +€2,272 | +1,874% |
| Deferred charges and accrued income | 490/1 | €17,887 | €10,696 | -€7,192 | -40.2% |
| Total equity and liabilities | 10/49 | €50,460,305 | €52,902,959 | +€2.4m | +4.8% |
| Equity | 10/15 | €13,805,955 | €11,404,026 | -€2.4m | -17.4% |
| Contributions | 10/11 | €65,000,000 | €65,000,000 | = | 0.0% |
| Capital | 10 | €65,000,000 | €65,000,000 | = | 0.0% |
| Issued capital | 100 | €65,000,000 | €65,000,000 | = | 0.0% |
| Reserves | 13 | €2,811 | €2,811 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,811 | €2,811 | = | 0.0% |
| Legal reserve | 130 | - | €2,811 | +€2,811 | |
| Reserves not available under the articles | 1311 | €2,811 | - | -€2,811 | |
| Profit (loss) carried forward | 14 | -€51,196,856 | -€53,598,786 | -€2.4m | -4.7% |
| Amounts payable | 17/49 | €36,654,350 | €41,498,933 | +€4.8m | +13.2% |
| Amounts payable after more than one year | 17 | €32,125,767 | €35,867,678 | +€3.7m | +11.6% |
| Financial debts | 170/4 | €32,125,767 | €35,867,678 | +€3.7m | +11.6% |
| Other loans | 174 | €32,125,767 | - | -€32.1m | |
| Amounts payable within one year | 42/48 | €242,623 | €34,110 | -€208,514 | -85.9% |
| Trade debts | 44 | €242,622 | €34,110 | -€208,513 | -85.9% |
| Suppliers | 440/4 | €242,622 | €34,110 | -€208,513 | -85.9% |
| Other amounts payable | 47/48 | €1 | - | -€1 | |
| Accrued charges and deferred income | 492/3 | €4,285,960 | €5,597,145 | +€1.3m | +30.6% |
| Operating income | 70/76A | €722,849 | - | -€722,849 | |
| Turnover | 70 | €722,776 | €238,680 | -€484,096 | -67.0% |
| Other operating income | 74 | €73 | - | -€73 | |
| Operating charges | 60/66A | €1,040,363 | - | -€1.0m | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €634,465 | +€634,465 | |
| Services and other goods | 61 | €1,017,446 | - | -€1.0m | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €323 | €323 | = | 0.0% |
| Other operating charges | 640/8 | €22,594 | €411,866 | +€389,272 | +1,723% |
| Gross operating margin | 9900 | - | -€395,785 | -€395,785 | |
| Operating profit (loss) | 9901 | -€317,515 | -€807,974 | -€490,460 | -154% |
| Financial income | 75/76B | €640,891 | €228,979 | -€411,912 | -64.3% |
| Recurring financial income | 75 | €640,891 | €228,979 | -€411,912 | -64.3% |
| Income from current assets | 751 | €640,345 | - | -€640,345 | |
| Other financial income | 752/9 | €546 | - | -€546 | |
| Financial charges | 65/66B | €42,554,846 | €1,822,935 | -€40.7m | -95.7% |
| Recurring financial charges | 65 | €42,554,846 | €1,822,935 | -€40.7m | -95.7% |
| Debt charges | 650 | €1,723,404 | - | -€1.7m | |
| Other financial charges | 652/9 | €40,831,442 | - | -€40.8m | |
| Profit (loss) for the period before taxes | 9903 | -€42,231,469 | -€2,401,930 | +€39.8m | +94.3% |
| Profit (loss) for the period | 9904 | -€42,231,469 | -€2,401,930 | +€39.8m | +94.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€42,231,469 | -€2,401,930 | +€39.8m | +94.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.