Beullens Management Consulting: what changed
Beullens Management Consulting
Largest movements
- Cash +€547,874
up €547,874 (+3,505%), from €15,631 to €563,505
mainly Current investments (+€397,161) and Net result for the year (+€94,743)
- Current investments -€397,161
down €397,161 (-64.4%), from €616,567 to €219,407
- Receivables after one year +€19,850
up €19,850 (+19.9%), from €100,000 to €119,850
- Receivables within one year -€17,656
down €17,656 (-6.2%), from €284,955 to €267,299
- Deferred charges and accrued income -€12,715
down €12,715 (-100%), from €12,715 to €0
- Reserves +€94,743
up €94,743 (+10.9%), from €868,326 to €963,069
- Other debts +€22,958
up €22,958 (+105%), from €21,902 to €44,861
- Tax, wage and social debts +€19,455
up €19,455 (+61.0%), from €31,880 to €51,335
of which Taxes: +€11,418
- Staff costs +€16,300
up €16,300 (+42.9%), from €38,023 to €54,323
- Gross operating margin +€16,100
up €16,100 (+10.2%), from €157,988 to €174,088
- Purchases and services -€8,392
down €8,392 (-10.6%), from €79,432 to €71,040
- Financial income -€7,894
down €7,894 (-34.1%), from €23,156 to €15,262
- Turnover +€7,600
up €7,600 (+3.2%), from €237,200 to €244,800
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,036,068 | €1,175,702 | +€139,634 | +13.5% |
| Fixed assets | 21/28 | €6,200 | €5,641 | -€558 | -9.0% |
| Tangible fixed assets | 22/27 | €6,150 | €5,591 | -€558 | -9.1% |
| Plant, machinery and equipment | 23 | €46 | €262 | +€216 | +471% |
| Furniture and vehicles | 24 | €6,104 | €5,330 | -€774 | -12.7% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €1,029,868 | €1,170,060 | +€140,193 | +13.6% |
| Amounts receivable after more than one year | 29 | €100,000 | €119,850 | +€19,850 | +19.9% |
| Other amounts receivable | 291 | €100,000 | €119,850 | +€19,850 | +19.9% |
| Amounts receivable within one year | 40/41 | €284,955 | €267,299 | -€17,656 | -6.2% |
| Trade receivables | 40 | €284,955 | €267,299 | -€17,656 | -6.2% |
| Current investments | 50/53 | €616,567 | €219,407 | -€397,161 | -64.4% |
| Cash at bank and in hand | 54/58 | €15,631 | €563,505 | +€547,874 | +3,505% |
| Deferred charges and accrued income | 490/1 | €12,715 | €0 | -€12,715 | -100% |
| Total equity and liabilities | 10/49 | €1,036,068 | €1,175,702 | +€139,634 | +13.5% |
| Equity | 10/15 | €976,417 | €1,071,161 | +€94,743 | +9.7% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €868,326 | €963,069 | +€94,743 | +10.9% |
| Distributable reserves | 133 | €868,326 | €963,069 | +€94,743 | +10.9% |
| Profit (loss) carried forward | 14 | €107,091 | €107,091 | = | 0.0% |
| Amounts payable | 17/49 | €59,650 | €104,541 | +€44,891 | +75.3% |
| Amounts payable within one year | 42/48 | €59,650 | €104,541 | +€44,891 | +75.3% |
| Trade debts | 44 | €5,868 | €8,345 | +€2,477 | +42.2% |
| Suppliers | 440/4 | €5,868 | €8,345 | +€2,477 | +42.2% |
| Taxes, remuneration and social security | 45 | €31,880 | €51,335 | +€19,455 | +61.0% |
| Taxes | 450/3 | €26,982 | €38,400 | +€11,418 | +42.3% |
| Remuneration and social security | 454/9 | €4,898 | €12,935 | +€8,037 | +164% |
| Other amounts payable | 47/48 | €21,902 | €44,861 | +€22,958 | +105% |
| Turnover | 70 | €237,200 | €244,800 | +€7,600 | +3.2% |
| Goods, raw materials, services and sundry goods | 60/61 | €79,432 | €71,040 | -€8,392 | -10.6% |
| Remuneration, social security and pensions | 62 | €38,023 | €54,323 | +€16,300 | +42.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,664 | €920 | -€744 | -44.7% |
| Other operating charges | 640/8 | €528 | €544 | +€16 | +3.0% |
| Gross operating margin | 9900 | €157,988 | €174,088 | +€16,100 | +10.2% |
| Operating profit (loss) | 9901 | €117,773 | €118,302 | +€529 | +0.4% |
| Financial income | 75/76B | €23,156 | €15,262 | -€7,894 | -34.1% |
| Recurring financial income | 75 | €23,156 | €15,262 | -€7,894 | -34.1% |
| Financial charges | 65/66B | €135 | €234 | +€99 | +73.2% |
| Recurring financial charges | 65 | €135 | €234 | +€99 | +73.2% |
| Profit (loss) for the period before taxes | 9903 | €140,794 | €133,330 | -€7,464 | -5.3% |
| Income taxes | 67/77 | €40,840 | €38,587 | -€2,254 | -5.5% |
| Profit (loss) for the period | 9904 | €99,954 | €94,743 | -€5,211 | -5.2% |
| Profit (loss) for the period to be appropriated | 9905 | €99,954 | €94,743 | -€5,211 | -5.2% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.