BECAGRI: 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.
BECAGRI
Largest movements
- Cash +€653,276
up €653,276 (+791.4%), from €82,542 to €735,818
mainly Net result for the year (+€395,927) and Tax, wage and social debts (+€113,276)
- Tangible fixed assets -€87,749
down €87,749 (-24.1%), from €364,034 to €276,285
of which Leasing and similar rights: -€71,427
- Receivables within one year -€79,977
down €79,977 (-97.2%), from €82,310 to €2,333
of which Trade receivables: -€75,048
- Stocks and contracts -€23,853
no longer reported in 2025 (was €23,853)
- Deferred charges and accrued income -€10,510
down €10,510 (-59.7%), from €17,599 to €7,090
- Profit (loss) carried forward +€325,503
up €325,503 (+361.1%), from €90,134 to €415,637
- Tax, wage and social debts +€113,276
up €113,276 (+2164.6%), from €5,233 to €118,509
of which Taxes: +€114,012
- Debts after one year -€74,522
down €74,522 (-33.4%), from €222,937 to €148,415
- Reserves +€70,424
up €70,424 (+186.9%), from €37,679 to €108,103
of which Tax-exempt reserves: +€70,424
- Current portion of long-term debt -€29,523
down €29,523 (-43.1%), from €68,478 to €38,956
- Gross operating margin +€491,772
up €491,772 (+445.0%), from €110,503 to €602,275
- Taxes +€99,011
up €99,011 (+29615.6%), from €334 to €99,345
- Depreciation -€47,975
down €47,975 (-50.6%), from €94,810 to €46,835
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 | €570,339 | €1,021,526 | +€451,187 | +79.1% |
| Fixed assets | 21/28 | €364,034 | €276,285 | -€87,749 | -24.1% |
| Tangible fixed assets | 22/27 | €364,034 | €276,285 | -€87,749 | -24.1% |
| Land and buildings | 22 | €25,299 | - | -€25,299 | |
| Plant, machinery and equipment | 23 | €267,308 | €276,285 | +€8,978 | +3.4% |
| Leasing and similar rights | 25 | €71,427 | - | -€71,427 | |
| Current assets | 29/58 | €206,305 | €745,241 | +€538,936 | +261.2% |
| Stocks and contracts in progress | 3 | €23,853 | - | -€23,853 | |
| Stocks | 30/36 | €23,853 | - | -€23,853 | |
| Amounts receivable within one year | 40/41 | €82,310 | €2,333 | -€79,977 | -97.2% |
| Trade receivables | 40 | €75,048 | - | -€75,048 | |
| Other amounts receivable | 41 | €7,263 | €2,333 | -€4,930 | -67.9% |
| Cash at bank and in hand | 54/58 | €82,542 | €735,818 | +€653,276 | +791.4% |
| Deferred charges and accrued income | 490/1 | €17,599 | €7,090 | -€10,510 | -59.7% |
| Total equity and liabilities | 10/49 | €570,339 | €1,021,526 | +€451,187 | +79.1% |
| Equity | 10/15 | €149,186 | €542,455 | +€393,270 | +263.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €37,679 | €108,103 | +€70,424 | +186.9% |
| Non-distributable reserves | 130/1 | €2,997 | €2,997 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,997 | €2,997 | = | 0.0% |
| Tax-exempt reserves | 132 | €34,682 | €105,106 | +€70,424 | +203.1% |
| Profit (loss) carried forward | 14 | €90,134 | €415,637 | +€325,503 | +361.1% |
| Investment grants | 15 | €2,773 | €115 | -€2,658 | -95.8% |
| Provisions and deferred taxes | 16 | €17,866 | €40,339 | +€22,473 | +125.8% |
| Deferred taxes | 168 | €17,866 | €40,339 | +€22,473 | +125.8% |
| Amounts payable | 17/49 | €403,287 | €438,732 | +€35,445 | +8.8% |
| Amounts payable after more than one year | 17 | €222,937 | €148,415 | -€74,522 | -33.4% |
| Financial debts | 170/4 | €222,937 | €148,415 | -€74,522 | -33.4% |
| Amounts payable within one year | 42/48 | €180,350 | €290,317 | +€109,967 | +61.0% |
| Current portion of amounts payable after more than one year | 42 | €68,478 | €38,956 | -€29,523 | -43.1% |
| Trade debts | 44 | €17,575 | €43,792 | +€26,217 | +149.2% |
| Suppliers | 440/4 | €17,575 | €43,792 | +€26,217 | +149.2% |
| Taxes, remuneration and social security | 45 | €5,233 | €118,509 | +€113,276 | +2164.6% |
| Taxes | 450/3 | €341 | €114,353 | +€114,012 | +33481.9% |
| Remuneration and social security | 454/9 | €4,893 | €4,156 | -€737 | -15.1% |
| Other amounts payable | 47/48 | €89,063 | €89,060 | -€3 | 0.0% |
| Remuneration, social security and pensions | 62 | €20,442 | €17,271 | -€3,170 | -15.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €94,810 | €46,835 | -€47,975 | -50.6% |
| Other operating charges | 640/8 | €820 | €727 | -€92 | -11.3% |
| Non-recurring operating charges | 66A | - | €10,600 | +€10,600 | |
| Gross operating margin | 9900 | €110,503 | €602,275 | +€491,772 | +445.0% |
| Operating profit (loss) | 9901 | -€5,568 | €526,841 | +€532,409 | |
| Financial income | 75/76B | €3,173 | €2,658 | -€515 | -16.2% |
| Recurring financial income | 75 | €3,173 | €2,658 | -€515 | -16.2% |
| Financial charges | 65/66B | €11,096 | €11,753 | +€657 | +5.9% |
| Recurring financial charges | 65 | €11,096 | €11,753 | +€657 | +5.9% |
| Profit (loss) for the period before taxes | 9903 | -€13,492 | €517,745 | +€531,237 | |
| Transfer from deferred taxes | 780 | €2,839 | €4,652 | +€1,813 | +63.9% |
| Transfer to deferred taxes | 680 | - | €27,125 | +€27,125 | |
| Income taxes | 67/77 | €334 | €99,345 | +€99,011 | +29615.6% |
| Profit (loss) for the period | 9904 | -€10,987 | €395,927 | +€406,915 | |
| Transfer from tax-exempt reserves | 789 | €5,511 | €10,951 | +€5,440 | +98.7% |
| Transfer to tax-exempt reserves | 689 | - | €81,375 | +€81,375 | |
| Profit (loss) for the period to be appropriated | 9905 | -€5,476 | €325,503 | +€330,980 |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.