BECALCO: 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.
BECALCO
Largest movements
- Cash +€43,776
up €43,776 (+46.8%), from €93,586 to €137,362
mainly Net result for the year (+€64,957) and Trade debts (+€4,235)
- Current investments +€25,000
new in 2025: €25,000
- Reserves +€64,957
up €64,957 (+97.8%), from €66,416 to €131,373
- Trade debts +€4,235
up €4,235 (+197.1%), from €2,149 to €6,383
- Gross operating margin -€1,824
down €1,824 (-2.1%), from €87,893 to €86,069
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 | €112,030 | €181,596 | +€69,566 | +62.1% |
| Fixed assets | 21/28 | €5,860 | €4,860 | -€1,000 | -17.1% |
| Tangible fixed assets | 22/27 | €5,860 | €4,860 | -€1,000 | -17.1% |
| Plant, machinery and equipment | 23 | €5,860 | €4,860 | -€1,000 | -17.1% |
| Current assets | 29/58 | €106,170 | €176,736 | +€70,566 | +66.5% |
| Amounts receivable within one year | 40/41 | €12,093 | €12,928 | +€834 | +6.9% |
| Trade receivables | 40 | €12,000 | €12,000 | = | 0.0% |
| Other amounts receivable | 41 | €93 | €928 | +€834 | +893.9% |
| Current investments | 50/53 | - | €25,000 | +€25,000 | |
| Cash at bank and in hand | 54/58 | €93,586 | €137,362 | +€43,776 | +46.8% |
| Deferred charges and accrued income | 490/1 | €491 | €1,447 | +€955 | +194.6% |
| Total equity and liabilities | 10/49 | €112,030 | €181,596 | +€69,566 | +62.1% |
| Equity | 10/15 | €75,016 | €139,973 | +€64,957 | +86.6% |
| Contributions | 10/11 | €8,600 | €8,600 | = | 0.0% |
| Reserves | 13 | €66,416 | €131,373 | +€64,957 | +97.8% |
| Distributable reserves | 133 | €66,416 | €131,373 | +€64,957 | +97.8% |
| Amounts payable | 17/49 | €37,014 | €41,623 | +€4,609 | +12.5% |
| Amounts payable within one year | 42/48 | €37,014 | €41,623 | +€4,609 | +12.5% |
| Trade debts | 44 | €2,149 | €6,383 | +€4,235 | +197.1% |
| Suppliers | 440/4 | €2,149 | €6,383 | +€4,235 | +197.1% |
| Taxes, remuneration and social security | 45 | €28,628 | €29,481 | +€853 | +3.0% |
| Taxes | 450/3 | €25,594 | €26,447 | +€853 | +3.3% |
| Remuneration and social security | 454/9 | €3,034 | €3,034 | = | 0.0% |
| Other amounts payable | 47/48 | €6,237 | €5,759 | -€479 | -7.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,448 | €1,869 | +€421 | +29.1% |
| Other operating charges | 640/8 | €791 | €821 | +€30 | +3.9% |
| Gross operating margin | 9900 | €87,893 | €86,069 | -€1,824 | -2.1% |
| Operating profit (loss) | 9901 | €85,655 | €83,379 | -€2,276 | -2.7% |
| Financial income | 75/76B | €0 | €506 | +€506 | +632062.5% |
| Recurring financial income | 75 | €0 | €506 | +€506 | +632062.5% |
| Financial charges | 65/66B | €2,031 | €2,102 | +€71 | +3.5% |
| Recurring financial charges | 65 | €2,031 | €2,102 | +€71 | +3.5% |
| Profit (loss) for the period before taxes | 9903 | €83,624 | €81,783 | -€1,841 | -2.2% |
| Income taxes | 67/77 | €17,208 | €16,826 | -€382 | -2.2% |
| Profit (loss) for the period | 9904 | €66,416 | €64,957 | -€1,459 | -2.2% |
| Profit (loss) for the period to be appropriated | 9905 | €66,416 | €64,957 | -€1,459 | -2.2% |
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 8 October 2026 via checked.be.