IMMO BEAUFAYS: 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
IMMO BEAUFAYS
NACE 47.762, Retail sale of pets, pet food and pet supplies
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€326,673
2024 · -€303,232+€629,906
Equity
€551,048
2024 · €212,312+€338,736
Cash
€561,383
2024 · €423,188+€138,195
Balance sheet total
€23.1m
2024 · €22.6m+€555,667
Largest movements
Assets
- Stocks and contracts +€4.7m
new in 2025: €4.7m
- Tangible fixed assets -€3.8m
down €3.8m (-20.2%), from €18.8m to €15.0m
of which Land and buildings: -€3.8m
- Receivables within one year -€460,006
down €460,006 (-49.3%), from €933,239 to €473,234
of which Trade receivables: -€493,746
Equity and liabilities
- Trade debts -€842,253
down €842,253 (-46.8%), from €1.8m to €956,210
- Tax, wage and social debts +€709,699
up €709,699 (+9,737%), from €7,288 to €716,988
of which Taxes: +€707,002
- Short-term financial debts +€610,349
up €610,349 (+7.1%), from €8.5m to €9.1m
- Debts after one year -€403,960
down €403,960 (-3.7%), from €10.8m to €10.4m
of which Financial debts: -€464,157
- Profit (loss) carried forward +€343,144
up €343,144, from -€279,484 to €63,660
Income statement
- Gross operating margin +€414,148
up €414,148 (+26.7%), from €1.6m to €2.0m
- Other operating charges -€219,416
down €219,416 (-44.6%), from €492,178 to €272,762
- Depreciation -€151,867
down €151,867 (-26.6%), from €570,398 to €418,531
- Provisions +€124,348
new in 2025: €124,348
- Write-downs +€76,893
new in 2025: €76,893
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.
Result 2024
-€303,232
Gross operating margin
+€414,148
Staff costs
-€11,461
Depreciation
+€151,867
Write-downs
-€76,893
Provisions
-€124,348
Other operating charges
+€219,416
Other operating items
+€125,601
Financial income
+€577
Financial charges
-€67,151
Taxes
+€125
Deferred taxes and other
-€1,974
Result 2025
€326,673
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
-€3.5m
Investment
+€3.4m
Financing
+€265,395
Cash 2024
€423,188
From operations (derived)
-€3.5m
Net result for the year
+€326,673
Depreciation
+€418,531
Stocks and contracts
-€4.7m
Receivables within one year
+€460,006
Smaller working-capital items
-€6,553
Provisions
+€106,795
Trade debts
-€842,253
Tax, wage and social debts
+€709,699
Investment (derived)
+€3.4m
Investment in fixed assets (net)
+€3.4m
Financing
+€265,395
Debts after one year
-€403,960
Current portion of long-term debt
+€46,944
Short-term financial debts
+€610,349
Contributions, distributions and other
+€12,063
Cash 2025
€561,383
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €22,555,060 | €23,110,728 | +€555,667 | +2.5% |
| Fixed assets | 21/28 | €21,192,185 | €17,388,014 | -€3.8m | -18.0% |
| Intangible fixed assets | 21 | €129 | - | -€129 | |
| Tangible fixed assets | 22/27 | €18,822,570 | €15,018,528 | -€3.8m | -20.2% |
| Land and buildings | 22 | €18,821,157 | €15,018,404 | -€3.8m | -20.2% |
| Furniture and vehicles | 24 | €1,412 | €124 | -€1,289 | -91.2% |
| Financial fixed assets | 28 | €2,369,486 | €2,369,486 | = | 0.0% |
| Current assets | 29/58 | €1,362,875 | €5,722,713 | +€4.4m | +320% |
| Stocks and contracts in progress | 3 | - | €4,685,738 | +€4.7m | |
| Stocks | 30/36 | - | €4,685,738 | +€4.7m | |
| Amounts receivable within one year | 40/41 | €933,239 | €473,234 | -€460,006 | -49.3% |
| Trade receivables | 40 | €790,136 | €296,390 | -€493,746 | -62.5% |
| Other amounts receivable | 41 | €143,103 | €176,844 | +€33,740 | +23.6% |
| Cash at bank and in hand | 54/58 | €423,188 | €561,383 | +€138,195 | +32.7% |
| Deferred charges and accrued income | 490/1 | €6,448 | €2,359 | -€4,089 | -63.4% |
| Total equity and liabilities | 10/49 | €22,555,060 | €23,110,728 | +€555,667 | +2.5% |
| Equity | 10/15 | €212,312 | €551,048 | +€338,736 | +160% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €441,796 | €437,389 | -€4,408 | -1.0% |
| Non-distributable reserves | 130/1 | €5,000 | €5,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €5,000 | €5,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €436,796 | €432,389 | -€4,408 | -1.0% |
| Profit (loss) carried forward | 14 | -€279,484 | €63,660 | +€343,144 | |
| Provisions and deferred taxes | 16 | €194,075 | €300,870 | +€106,795 | +55.0% |
| Provisions for liabilities and charges | 160/5 | - | €124,348 | +€124,348 | |
| Taxes | 161 | - | €124,348 | +€124,348 | |
| Deferred taxes | 168 | €194,075 | €176,521 | -€17,553 | -9.0% |
| Amounts payable | 17/49 | €22,148,674 | €22,258,810 | +€110,136 | +0.5% |
| Amounts payable after more than one year | 17 | €10,835,526 | €10,431,565 | -€403,960 | -3.7% |
| Financial debts | 170/4 | €8,881,099 | €8,416,942 | -€464,157 | -5.2% |
| Other amounts payable | 178/9 | €1,954,427 | €2,014,623 | +€60,196 | +3.1% |
| Amounts payable within one year | 42/48 | €11,313,148 | €11,827,142 | +€513,995 | +4.5% |
| Current portion of amounts payable after more than one year | 42 | €900,117 | €947,061 | +€46,944 | +5.2% |
| Financial debts | 43 | €8,537,366 | €9,147,715 | +€610,349 | +7.1% |
| Credit institutions | 430/8 | €8,537,366 | €9,147,715 | +€610,349 | +7.1% |
| Trade debts | 44 | €1,798,463 | €956,210 | -€842,253 | -46.8% |
| Suppliers | 440/4 | €1,798,463 | €956,210 | -€842,253 | -46.8% |
| Taxes, remuneration and social security | 45 | €7,288 | €716,988 | +€709,699 | +9,737% |
| Taxes | 450/3 | €7,288 | €714,290 | +€707,002 | +9,700% |
| Remuneration and social security | 454/9 | - | €2,698 | +€2,698 | |
| Other amounts payable | 47/48 | €69,913 | €59,169 | -€10,744 | -15.4% |
| Accrued charges and deferred income | 492/3 | - | €102 | +€102 | |
| Non-recurring operating income | 76A | €126,673 | €274,742 | +€148,070 | +117% |
| Remuneration, social security and pensions | 62 | - | €11,461 | +€11,461 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €570,398 | €418,531 | -€151,867 | -26.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €76,893 | +€76,893 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €124,348 | +€124,348 | |
| Other operating charges | 640/8 | €492,178 | €272,762 | -€219,416 | -44.6% |
| Non-recurring operating charges | 66A | €125,601 | - | -€125,601 | |
| Gross operating margin | 9900 | €1,553,855 | €1,968,003 | +€414,148 | +26.7% |
| Operating profit (loss) | 9901 | €365,678 | €1,064,008 | +€698,330 | +191% |
| Financial income | 75/76B | €1,394 | €1,971 | +€577 | +41.4% |
| Recurring financial income | 75 | €1,394 | €1,971 | +€577 | +41.4% |
| Financial charges | 65/66B | €677,644 | €744,796 | +€67,151 | +9.9% |
| Recurring financial charges | 65 | €677,644 | €744,796 | +€67,151 | +9.9% |
| Profit (loss) for the period before taxes | 9903 | -€310,572 | €321,183 | +€631,755 | |
| Transfer from deferred taxes | 780 | €7,464 | €5,490 | -€1,974 | -26.4% |
| Income taxes | 67/77 | €125 | - | -€125 | |
| Profit (loss) for the period | 9904 | -€303,232 | €326,673 | +€629,906 | |
| Transfer from tax-exempt reserves | 789 | €14,496 | €16,470 | +€1,974 | +13.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€288,736 | €343,144 | +€631,880 |
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 16 October 2026 via checked.be.