BeCap Invest: what changed
BeCap Invest
Largest movements
- Tangible fixed assets +€164,891
up €164,891 (+83,510%), from €197 to €165,088
of which Furniture and vehicles: +€164,990
- Receivables within one year -€24,090
down €24,090 (-26.1%), from €92,414 to €68,324
of which Trade receivables: -€23,083
- Intangible fixed assets -€3,367
down €3,367 (-50.1%), from €6,725 to €3,358
- Cash -€3,231
down €3,231 (-22.8%), from €14,153 to €10,922
mainly Investment in fixed assets (net) (-€180,000) and Other debts (-€32,423)
- Debts after one year +€113,646
up €113,646 (+1,530%), from €7,426 to €121,073
of which Financial debts: +€121,073
- Profit (loss) carried forward +€32,474
up €32,474 (+54.4%), from -€59,695 to -€27,221
- Other debts -€32,423
down €32,423 (-25.2%), from €128,503 to €96,080
- Current portion of long-term debt +€19,464
new in 2025: €19,464
- Depreciation -€104,671
down €104,671 (-85.0%), from €123,147 to €18,476
- Other operating charges +€84,513
up €84,513 (+8,068%), from €1,048 to €85,561
- Gross operating margin +€36,008
up €36,008 (+33.8%), from €106,631 to €142,639
- Staff costs +€15,611
up €15,611, from -€13,071 to €2,540
- Financial income -€3,286
down €3,286 (-100%), from €3,286 to €0
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €115,266 | €249,480 | +€134,213 | +116% |
| Fixed assets | 21/28 | €7,972 | €169,496 | +€161,524 | +2,026% |
| Intangible fixed assets | 21 | €6,725 | €3,358 | -€3,367 | -50.1% |
| Tangible fixed assets | 22/27 | €197 | €165,088 | +€164,891 | +83,510% |
| Plant, machinery and equipment | 23 | €197 | €99 | -€99 | -50.0% |
| Furniture and vehicles | 24 | €0 | €164,990 | +€164,990 | |
| Financial fixed assets | 28 | €1,050 | €1,050 | = | 0.0% |
| Current assets | 29/58 | €107,294 | €79,984 | -€27,310 | -25.5% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Stocks | 30/36 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €92,414 | €68,324 | -€24,090 | -26.1% |
| Trade receivables | 40 | €84,147 | €61,064 | -€23,083 | -27.4% |
| Other amounts receivable | 41 | €8,267 | €7,260 | -€1,007 | -12.2% |
| Cash at bank and in hand | 54/58 | €14,153 | €10,922 | -€3,231 | -22.8% |
| Deferred charges and accrued income | 490/1 | €727 | €738 | +€11 | +1.5% |
| Total equity and liabilities | 10/49 | €115,266 | €249,480 | +€134,213 | +116% |
| Equity | 10/15 | -€32,195 | €279 | +€32,474 | |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €2,500 | €2,500 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,500 | €2,500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€59,695 | -€27,221 | +€32,474 | +54.4% |
| Amounts payable | 17/49 | €147,461 | €249,201 | +€101,739 | +69.0% |
| Amounts payable after more than one year | 17 | €7,426 | €121,073 | +€113,646 | +1,530% |
| Financial debts | 170/4 | - | €121,073 | +€121,073 | |
| Other amounts payable | 178/9 | €7,426 | €0 | -€7,426 | -100% |
| Amounts payable within one year | 42/48 | €139,986 | €126,046 | -€13,939 | -10.0% |
| Current portion of amounts payable after more than one year | 42 | - | €19,464 | +€19,464 | |
| Trade debts | 44 | €2,671 | €2,991 | +€319 | +12.0% |
| Suppliers | 440/4 | €2,671 | €2,991 | +€319 | +12.0% |
| Taxes, remuneration and social security | 45 | €8,811 | €7,511 | -€1,300 | -14.8% |
| Taxes | 450/3 | €8,811 | €7,511 | -€1,300 | -14.8% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €128,503 | €96,080 | -€32,423 | -25.2% |
| Accrued charges and deferred income | 492/3 | €49 | €2,082 | +€2,032 | +4,133% |
| Remuneration, social security and pensions | 62 | -€13,071 | €2,540 | +€15,611 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €123,147 | €18,476 | -€104,671 | -85.0% |
| Other operating charges | 640/8 | €1,048 | €85,561 | +€84,513 | +8,068% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €106,631 | €142,639 | +€36,008 | +33.8% |
| Operating profit (loss) | 9901 | -€4,493 | €36,062 | +€40,554 | |
| Financial income | 75/76B | €3,286 | €0 | -€3,286 | -100% |
| Recurring financial income | 75 | €3,286 | €0 | -€3,286 | -100% |
| Financial charges | 65/66B | €242 | €3,233 | +€2,991 | +1,236% |
| Recurring financial charges | 65 | €242 | €3,233 | +€2,991 | +1,236% |
| Profit (loss) for the period before taxes | 9903 | -€1,448 | €32,829 | +€34,277 | |
| Income taxes | 67/77 | €321 | €355 | +€34 | +10.5% |
| Profit (loss) for the period | 9904 | -€1,770 | €32,474 | +€34,244 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,770 | €32,474 | +€34,244 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.