BECA: what changed
Two fiscal 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.
BECA
Largest movements
- Tangible fixed assets -€9,649
down €9,649 (-4.9%), from €198,733 to €189,084
of which Land and buildings: -€9,576
- Receivables within one year +€4,658
up €4,658 (+37.6%), from €12,388 to €17,046
of which Other amounts receivable: +€2,594
- Reserves -€20,818
down €20,818 (-10.3%), from €201,390 to €180,572
of which Distributable reserves: -€17,500
- Other debts +€16,746
up €16,746 (+54.5%), from €30,754 to €47,500
- Tax, wage and social debts +€3,729
up €3,729 (+14.0%), from €26,693 to €30,422
of which Taxes: +€7,474
- Current portion of long-term debt -€3,674
no longer reported in 2025 (was €3,674)
- Gross operating margin -€35,151
down €35,151 (-27.6%), from €127,383 to €92,232
- Taxes -€6,976
down €6,976 (-26.0%), from €26,785 to €19,809
- Staff costs -€2,749
down €2,749 (-9.2%), from €29,871 to €27,122
- Other operating charges -€2,548
down €2,548 (-40.9%), from €6,231 to €3,683
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 | €344,097 | €342,032 | -€2,065 | -0.6% |
| Fixed assets | 21/28 | €198,758 | €189,109 | -€9,649 | -4.9% |
| Tangible fixed assets | 22/27 | €198,733 | €189,084 | -€9,649 | -4.9% |
| Land and buildings | 22 | €191,425 | €181,850 | -€9,576 | -5.0% |
| Plant, machinery and equipment | 23 | €7,308 | €5,390 | -€1,918 | -26.2% |
| Furniture and vehicles | 24 | - | €1,844 | +€1,844 | |
| Financial fixed assets | 28 | €25 | €25 | = | 0.0% |
| Current assets | 29/58 | €145,339 | €152,923 | +€7,584 | +5.2% |
| Amounts receivable within one year | 40/41 | €12,388 | €17,046 | +€4,658 | +37.6% |
| Trade receivables | 40 | €12,388 | €14,452 | +€2,064 | +16.7% |
| Other amounts receivable | 41 | - | €2,594 | +€2,594 | |
| Cash at bank and in hand | 54/58 | €132,550 | €134,952 | +€2,402 | +1.8% |
| Deferred charges and accrued income | 490/1 | €401 | €925 | +€524 | +130.9% |
| Total equity and liabilities | 10/49 | €344,097 | €342,032 | -€2,065 | -0.6% |
| Equity | 10/15 | €263,796 | €245,045 | -€18,750 | -7.1% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €201,390 | €180,572 | -€20,818 | -10.3% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €43,397 | €40,079 | -€3,318 | -7.6% |
| Distributable reserves | 133 | €151,793 | €134,293 | -€17,500 | -11.5% |
| Profit (loss) carried forward | 14 | €406 | €2,474 | +€2,068 | +509.6% |
| Provisions and deferred taxes | 16 | €14,466 | €13,360 | -€1,106 | -7.6% |
| Deferred taxes | 168 | €14,466 | €13,360 | -€1,106 | -7.6% |
| Amounts payable | 17/49 | €65,836 | €83,627 | +€17,792 | +27.0% |
| Amounts payable within one year | 42/48 | €65,819 | €83,627 | +€17,808 | +27.1% |
| Current portion of amounts payable after more than one year | 42 | €3,674 | - | -€3,674 | |
| Trade debts | 44 | €4,699 | €5,705 | +€1,007 | +21.4% |
| Suppliers | 440/4 | €4,699 | €5,705 | +€1,007 | +21.4% |
| Taxes, remuneration and social security | 45 | €26,693 | €30,422 | +€3,729 | +14.0% |
| Taxes | 450/3 | €18,232 | €25,706 | +€7,474 | +41.0% |
| Remuneration and social security | 454/9 | €8,461 | €4,715 | -€3,746 | -44.3% |
| Other amounts payable | 47/48 | €30,754 | €47,500 | +€16,746 | +54.5% |
| Accrued charges and deferred income | 492/3 | €16 | - | -€16 | |
| Remuneration, social security and pensions | 62 | €29,871 | €27,122 | -€2,749 | -9.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,493 | €11,679 | +€185 | +1.6% |
| Other operating charges | 640/8 | €6,231 | €3,683 | -€2,548 | -40.9% |
| Gross operating margin | 9900 | €127,383 | €92,232 | -€35,151 | -27.6% |
| Operating profit (loss) | 9901 | €79,787 | €49,748 | -€30,039 | -37.6% |
| Financial income | 75/76B | €449 | €253 | -€197 | -43.8% |
| Recurring financial income | 75 | €449 | €253 | -€197 | -43.8% |
| Financial charges | 65/66B | €2,471 | €2,549 | +€78 | +3.2% |
| Recurring financial charges | 65 | €2,471 | €2,549 | +€78 | +3.2% |
| Profit (loss) for the period before taxes | 9903 | €77,766 | €47,452 | -€30,314 | -39.0% |
| Transfer from deferred taxes | 780 | €1,106 | €1,106 | = | 0.0% |
| Income taxes | 67/77 | €26,785 | €19,809 | -€6,976 | -26.0% |
| Profit (loss) for the period | 9904 | €52,088 | €28,750 | -€23,338 | -44.8% |
| Transfer from tax-exempt reserves | 789 | €3,318 | €3,318 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €55,406 | €32,068 | -€23,338 | -42.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.