B&C BEHEER: 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.
B&C BEHEER
Largest movements
- Receivables after one year +€314,530
up €314,530 (+24.6%), from €1.3m to €1.6m
- Stocks and contracts -€71,104
down €71,104 (-18.3%), from €388,400 to €317,296
- Receivables within one year +€48,988
up €48,988 (+307%), from €15,982 to €64,970
- Cash -€38,296
down €38,296 (-57.8%), from €66,295 to €27,999
mainly Receivables after one year (-€314,530) and Tax, wage and social debts (-€51,834)
- Trade debts +€241,651
up €241,651, from €0 to €241,651
- Reserves +€64,301
up €64,301 (+8.5%), from €759,067 to €823,368
- Tax, wage and social debts -€51,834
down €51,834 (-100%), from €51,834 to €0
- Gross operating margin +€201,686
up €201,686 (+279%), from €72,321 to €274,007
- Taxes +€7,096
up €7,096 (+30.9%), from €22,933 to €30,030
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,747,677 | €2,001,795 | +€254,119 | +14.5% |
| Current assets | 29/58 | €1,747,677 | €2,001,795 | +€254,119 | +14.5% |
| Amounts receivable after more than one year | 29 | €1,277,000 | €1,591,530 | +€314,530 | +24.6% |
| Other amounts receivable | 291 | €1,277,000 | €1,591,530 | +€314,530 | +24.6% |
| Stocks and contracts in progress | 3 | €388,400 | €317,296 | -€71,104 | -18.3% |
| Stocks | 30/36 | €388,400 | €317,296 | -€71,104 | -18.3% |
| Amounts receivable within one year | 40/41 | €15,982 | €64,970 | +€48,988 | +307% |
| Other amounts receivable | 41 | €15,982 | €64,970 | +€48,988 | +307% |
| Cash at bank and in hand | 54/58 | €66,295 | €27,999 | -€38,296 | -57.8% |
| Total equity and liabilities | 10/49 | €1,747,677 | €2,001,795 | +€254,119 | +14.5% |
| Equity | 10/15 | €1,695,843 | €1,760,144 | +€64,301 | +3.8% |
| Contributions | 10/11 | €936,776 | €936,776 | = | 0.0% |
| Reserves | 13 | €759,067 | €823,368 | +€64,301 | +8.5% |
| Distributable reserves | 133 | €759,067 | €823,368 | +€64,301 | +8.5% |
| Amounts payable | 17/49 | €51,834 | €241,651 | +€189,818 | +366% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Other amounts payable | 178/9 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €51,834 | €241,651 | +€189,818 | +366% |
| Trade debts | 44 | €0 | €241,651 | +€241,651 | |
| Suppliers | 440/4 | €0 | €241,651 | +€241,651 | |
| Taxes, remuneration and social security | 45 | €51,834 | €0 | -€51,834 | -100% |
| Taxes | 450/3 | €51,834 | €0 | -€51,834 | -100% |
| Other operating charges | 640/8 | €1,115 | €1,140 | +€26 | +2.3% |
| Non-recurring operating charges | 66A | - | €178,201 | +€178,201 | |
| Gross operating margin | 9900 | €72,321 | €274,007 | +€201,686 | +279% |
| Operating profit (loss) | 9901 | €71,206 | €94,666 | +€23,460 | +32.9% |
| Financial charges | 65/66B | €141 | €336 | +€194 | +137% |
| Recurring financial charges | 65 | €141 | €336 | +€194 | +137% |
| Profit (loss) for the period before taxes | 9903 | €71,065 | €94,330 | +€23,266 | +32.7% |
| Income taxes | 67/77 | €22,933 | €30,030 | +€7,096 | +30.9% |
| Profit (loss) for the period | 9904 | €48,131 | €64,301 | +€16,170 | +33.6% |
| Profit (loss) for the period to be appropriated | 9905 | €48,131 | €64,301 | +€16,170 | +33.6% |
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 19 October 2026 via checked.be.