PROF.DR.BEULS: 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.
PROF.DR.BEULS
Largest movements
- Cash +€10,329
up €10,329 (+40.6%), from €25,451 to €35,780
mainly Net result for the year (+€19,947) and Receivables within one year (+€6,157)
- Receivables within one year -€6,157
down €6,157 (-4.5%), from €136,114 to €129,957
of which Trade receivables: -€14,703
- Reserves +€19,947
up €19,947 (+15.4%), from €129,927 to €149,874
- Tax, wage and social debts -€11,252
down €11,252 (-85.8%), from €13,112 to €1,860
- Trade debts -€4,636
down €4,636 (-65.8%), from €7,044 to €2,408
- Gross operating margin -€13,903
down €13,903 (-33.8%), from €41,169 to €27,266
- Taxes -€4,250
down €4,250 (-28.8%), from €14,768 to €10,518
- Financial income +€2,786
up €2,786 (+44.2%), from €6,309 to €9,095
- Other operating charges +€1,477
up €1,477 (+155.0%), from €953 to €2,430
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 | €168,683 | €172,741 | +€4,058 | +2.4% |
| Fixed assets | 21/28 | €4,882 | €4,674 | -€208 | -4.3% |
| Tangible fixed assets | 22/27 | €4,882 | €4,674 | -€208 | -4.3% |
| Land and buildings | 22 | €0 | €0 | = | |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €4,882 | €4,674 | -€208 | -4.3% |
| Current assets | 29/58 | €163,801 | €168,067 | +€4,267 | +2.6% |
| Amounts receivable within one year | 40/41 | €136,114 | €129,957 | -€6,157 | -4.5% |
| Trade receivables | 40 | €14,703 | - | -€14,703 | |
| Other amounts receivable | 41 | €121,411 | €129,957 | +€8,546 | +7.0% |
| Cash at bank and in hand | 54/58 | €25,451 | €35,780 | +€10,329 | +40.6% |
| Deferred charges and accrued income | 490/1 | €2,236 | €2,331 | +€95 | +4.3% |
| Total equity and liabilities | 10/49 | €168,683 | €172,741 | +€4,058 | +2.4% |
| Equity | 10/15 | €148,527 | €168,474 | +€19,947 | +13.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €129,927 | €149,874 | +€19,947 | +15.4% |
| Distributable reserves | 133 | €129,927 | €149,874 | +€19,947 | +15.4% |
| Amounts payable | 17/49 | €20,156 | €4,267 | -€15,888 | -78.8% |
| Amounts payable within one year | 42/48 | €20,156 | €4,267 | -€15,888 | -78.8% |
| Trade debts | 44 | €7,044 | €2,408 | -€4,636 | -65.8% |
| Suppliers | 440/4 | €7,044 | €2,408 | -€4,636 | -65.8% |
| Taxes, remuneration and social security | 45 | €13,112 | €1,860 | -€11,252 | -85.8% |
| Taxes | 450/3 | €13,112 | €1,860 | -€11,252 | -85.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,763 | €3,145 | +€382 | +13.8% |
| Other operating charges | 640/8 | €953 | €2,430 | +€1,477 | +155.0% |
| Gross operating margin | 9900 | €41,169 | €27,266 | -€13,903 | -33.8% |
| Operating profit (loss) | 9901 | €37,452 | €21,690 | -€15,762 | -42.1% |
| Financial income | 75/76B | €6,309 | €9,095 | +€2,786 | +44.2% |
| Recurring financial income | 75 | €6,309 | €9,095 | +€2,786 | +44.2% |
| Financial charges | 65/66B | €1 | €320 | +€320 | +59201.9% |
| Recurring financial charges | 65 | €1 | €320 | +€320 | +59201.9% |
| Profit (loss) for the period before taxes | 9903 | €43,761 | €30,465 | -€13,296 | -30.4% |
| Income taxes | 67/77 | €14,768 | €10,518 | -€4,250 | -28.8% |
| Profit (loss) for the period | 9904 | €28,993 | €19,947 | -€9,046 | -31.2% |
| Profit (loss) for the period to be appropriated | 9905 | €28,993 | €19,947 | -€9,046 | -31.2% |
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 10 October 2026 via checked.be.