Ten Beau Consult: 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
Ten Beau Consult
NACE 70.200, Business and other management consultancy
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€964
2024 · €10,387-€9,423
Equity
-€132,791
2024 · -€133,755+€964
Cash
€3,489
2024 · €98+€3,391
Balance sheet total
€433,619
2024 · €439,294-€5,674
Largest movements
Assets
- Receivables within one year -€41,958
down €41,958 (-88.6%), from €47,378 to €5,420
- Tangible fixed assets +€32,879
up €32,879 (+8.4%), from €390,506 to €423,385
of which Furniture and vehicles: +€37,058
Equity and liabilities
- Other debts -€11,947
down €11,947 (-4.1%), from €288,976 to €277,028
Income statement
- Depreciation +€7,985
up €7,985 (+48.6%), from €16,426 to €24,411
- Financial charges +€2,672
up €2,672 (+10.9%), from €24,481 to €27,153
- Gross operating margin +€1,856
up €1,856 (+3.4%), from €54,621 to €56,477
- Other operating charges +€667
up €667 (+20.7%), from €3,230 to €3,897
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
€10,387
Gross operating margin
+€1,856
Depreciation
-€7,985
Other operating charges
-€667
Financial income
+€14
Financial charges
-€2,672
Taxes
+€31
Result 2025
€964
raises the resultlowers the result
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
+€60,109
Investment
-€57,304
Financing
+€586
Cash 2024
€98
From operations (derived)
+€60,109
Net result for the year
+€964
Depreciation
+€24,411
Receivables within one year
+€41,958
Trade debts
-€570
Tax, wage and social debts
+€1,598
Other debts
-€11,947
Accrued charges and deferred income
+€3,697
Investment (derived)
-€57,304
Investment in fixed assets (net)
-€57,290
Current investments
-€14
Financing
+€586
Current portion of long-term debt
+€2,000
Short-term financial debts
-€1,414
Cash 2025
€3,489
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €439,294 | €433,619 | -€5,674 | -1.3% |
| Fixed assets | 21/28 | €390,506 | €423,385 | +€32,879 | +8.4% |
| Tangible fixed assets | 22/27 | €390,506 | €423,385 | +€32,879 | +8.4% |
| Land and buildings | 22 | €366,098 | €351,965 | -€14,132 | -3.9% |
| Plant, machinery and equipment | 23 | €24,408 | €34,361 | +€9,954 | +40.8% |
| Furniture and vehicles | 24 | €0 | €37,058 | +€37,058 | |
| Current assets | 29/58 | €48,788 | €10,235 | -€38,553 | -79.0% |
| Amounts receivable within one year | 40/41 | €47,378 | €5,420 | -€41,958 | -88.6% |
| Trade receivables | 40 | €47,378 | €5,420 | -€41,958 | -88.6% |
| Current investments | 50/53 | €1,312 | €1,326 | +€14 | +1.0% |
| Cash at bank and in hand | 54/58 | €98 | €3,489 | +€3,391 | +3,444% |
| Total equity and liabilities | 10/49 | €439,294 | €433,619 | -€5,674 | -1.3% |
| Equity | 10/15 | -€133,755 | -€132,791 | +€964 | +0.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €36,807 | €36,807 | = | 0.0% |
| Non-distributable reserves | 130/1 | €7,500 | €7,500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €7,500 | €7,500 | = | 0.0% |
| Tax-exempt reserves | 132 | €19,229 | €19,229 | = | 0.0% |
| Distributable reserves | 133 | €10,078 | €10,078 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€189,162 | -€188,198 | +€964 | +0.5% |
| Amounts payable | 17/49 | €573,049 | €566,411 | -€6,638 | -1.2% |
| Amounts payable after more than one year | 17 | €95,000 | €95,000 | = | 0.0% |
| Financial debts | 170/4 | €95,000 | €95,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €473,704 | €463,369 | -€10,335 | -2.2% |
| Current portion of amounts payable after more than one year | 42 | €173,000 | €175,000 | +€2,000 | +1.2% |
| Financial debts | 43 | €1,414 | - | -€1,414 | |
| Other loans | 439 | €1,414 | - | -€1,414 | |
| Trade debts | 44 | €7,744 | €7,173 | -€570 | -7.4% |
| Suppliers | 440/4 | €7,744 | €7,173 | -€570 | -7.4% |
| Taxes, remuneration and social security | 45 | €2,570 | €4,167 | +€1,598 | +62.2% |
| Taxes | 450/3 | €2,570 | €4,167 | +€1,598 | +62.2% |
| Other amounts payable | 47/48 | €288,976 | €277,028 | -€11,947 | -4.1% |
| Accrued charges and deferred income | 492/3 | €4,345 | €8,042 | +€3,697 | +85.1% |
| Non-recurring operating income | 76A | - | €4,525 | +€4,525 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,426 | €24,411 | +€7,985 | +48.6% |
| Other operating charges | 640/8 | €3,230 | €3,897 | +€667 | +20.7% |
| Gross operating margin | 9900 | €54,621 | €56,477 | +€1,856 | +3.4% |
| Operating profit (loss) | 9901 | €34,965 | €28,168 | -€6,797 | -19.4% |
| Financial income | 75/76B | €6 | €20 | +€14 | +230% |
| Recurring financial income | 75 | €6 | €20 | +€14 | +230% |
| Financial charges | 65/66B | €24,481 | €27,153 | +€2,672 | +10.9% |
| Recurring financial charges | 65 | €24,481 | €27,153 | +€2,672 | +10.9% |
| Profit (loss) for the period before taxes | 9903 | €10,490 | €1,035 | -€9,455 | -90.1% |
| Income taxes | 67/77 | €103 | €71 | -€31 | -30.4% |
| Profit (loss) for the period | 9904 | €10,387 | €964 | -€9,423 | -90.7% |
| Profit (loss) for the period to be appropriated | 9905 | €10,387 | €964 | -€9,423 | -90.7% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.