BECA - BOUW: 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.
BECA - BOUW
Largest movements
- Receivables after one year +€208,000
new in 2025: €208,000
- Receivables within one year -€201,735
down €201,735 (-88.4%), from €228,309 to €26,573
of which Other amounts receivable: -€199,585
- Cash +€15,006
up €15,006 (+34,363%), from €44 to €15,050
mainly Receivables within one year (+€201,735) and Net result for the year (+€39,441)
- Reserves +€39,441
up €39,441 (+24.1%), from €163,784 to €203,225
of which Distributable reserves: +€39,441
- Trade debts -€15,722
down €15,722 (-99.4%), from €15,817 to €95
- Tax, wage and social debts +€4,601
up €4,601 (+17.7%), from €26,000 to €30,601
- Short-term financial debts -€4,284
no longer reported in 2025 (was €4,284)
- Write-downs +€7,980
new in 2025: €7,980
- Gross operating margin +€6,344
up €6,344 (+12.9%), from €49,105 to €55,449
- Financial income -€2,182
down €2,182 (-20.2%), from €10,787 to €8,605
- Taxes +€787
up €787 (+5.2%), from €15,000 to €15,787
- Depreciation -€648
down €648 (-62.2%), from €1,043 to €395
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 | €230,945 | €252,521 | +€21,576 | +9.3% |
| Formation expenses | 20 | - | €0 | = | |
| Fixed assets | 21/28 | €2,593 | €2,898 | +€305 | +11.8% |
| Tangible fixed assets | 22/27 | €69 | €374 | +€305 | +443% |
| Plant, machinery and equipment | 23 | €69 | €374 | +€305 | +443% |
| Furniture and vehicles | 24 | - | €0 | = | |
| Financial fixed assets | 28 | €2,524 | €2,524 | = | 0.0% |
| Current assets | 29/58 | €228,352 | €249,623 | +€21,271 | +9.3% |
| Amounts receivable after more than one year | 29 | - | €208,000 | +€208,000 | |
| Other amounts receivable | 291 | - | €208,000 | +€208,000 | |
| Amounts receivable within one year | 40/41 | €228,309 | €26,573 | -€201,735 | -88.4% |
| Trade receivables | 40 | €14,356 | €12,206 | -€2,150 | -15.0% |
| Other amounts receivable | 41 | €213,953 | €14,367 | -€199,585 | -93.3% |
| Cash at bank and in hand | 54/58 | €44 | €15,050 | +€15,006 | +34,363% |
| Total equity and liabilities | 10/49 | €230,945 | €252,521 | +€21,576 | +9.3% |
| Equity | 10/15 | €182,384 | €221,825 | +€39,441 | +21.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | - | -€18,600 | |
| Issued capital | 100 | €18,600 | - | -€18,600 | |
| Reserves | 13 | €163,784 | €203,225 | +€39,441 | +24.1% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | - | €1,860 | +€1,860 | |
| Distributable reserves | 133 | €161,924 | €201,365 | +€39,441 | +24.4% |
| Amounts payable | 17/49 | €48,561 | €30,696 | -€17,865 | -36.8% |
| Amounts payable after more than one year | 17 | €2,460 | - | -€2,460 | |
| Financial debts | 170/4 | €2,460 | - | -€2,460 | |
| Amounts payable within one year | 42/48 | €46,101 | €30,696 | -€15,405 | -33.4% |
| Financial debts | 43 | €4,284 | - | -€4,284 | |
| Credit institutions | 430/8 | €4,284 | - | -€4,284 | |
| Trade debts | 44 | €15,817 | €95 | -€15,722 | -99.4% |
| Suppliers | 440/4 | €15,817 | €95 | -€15,722 | -99.4% |
| Taxes, remuneration and social security | 45 | €26,000 | €30,601 | +€4,601 | +17.7% |
| Taxes | 450/3 | €26,000 | €30,601 | +€4,601 | +17.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,043 | €395 | -€648 | -62.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €7,980 | +€7,980 | |
| Other operating charges | 640/8 | €314 | - | -€314 | |
| Gross operating margin | 9900 | €49,105 | €55,449 | +€6,344 | +12.9% |
| Operating profit (loss) | 9901 | €47,749 | €47,074 | -€674 | -1.4% |
| Financial income | 75/76B | €10,787 | €8,605 | -€2,182 | -20.2% |
| Recurring financial income | 75 | €10,787 | €8,605 | -€2,182 | -20.2% |
| Financial charges | 65/66B | €1,009 | €451 | -€558 | -55.3% |
| Recurring financial charges | 65 | €1,009 | €451 | -€558 | -55.3% |
| Profit (loss) for the period before taxes | 9903 | €57,527 | €55,228 | -€2,299 | -4.0% |
| Income taxes | 67/77 | €15,000 | €15,787 | +€787 | +5.2% |
| Profit (loss) for the period | 9904 | €42,527 | €39,441 | -€3,086 | -7.3% |
| Profit (loss) for the period to be appropriated | 9905 | €42,527 | €39,441 | -€3,086 | -7.3% |
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 15 October 2026 via checked.be.