BECARGO: 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.
What changed
BECARGO
NACE 52.250, Logistics services
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€2,095
2024 · -€67,270+€69,365
Equity
€605,724
2024 · €603,629+€2,095
Cash
€64,644
2024 · €48,961+€15,683
Balance sheet total
€727,250
2024 · €728,844-€1,594
Largest movements
Assets
- Receivables within one year -€32,353
down €32,353 (-13.1%), from €247,457 to €215,104
of which Other amounts receivable: -€19,434
- Deferred charges and accrued income +€25,447
up €25,447 (+892.0%), from €2,853 to €28,300
- Cash +€15,683
up €15,683 (+32.0%), from €48,961 to €64,644
mainly Receivables within one year (+€32,353) and Depreciation (+€12,503)
Equity and liabilities
- Tax, wage and social debts -€8,726
down €8,726 (-57.7%), from €15,132 to €6,406
of which Remuneration and social security: -€8,737
Income statement
- Turnover -€425,731
no longer reported in 2025 (was €425,731)
- Services and other goods -€258,570
no longer reported in 2025 (was €258,570)
- Gross operating margin +€90,499
new in 2025: €90,499
- Goods and materials -€87,997
no longer reported in 2025 (was €87,997)
- Staff costs -€59,785
down €59,785 (-49.5%), from €120,880 to €61,095
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.
Result 2024
-€67,270
Turnover
-€425,731
Other operating income
-€1,848
Goods and materials
+€87,997
Services and other goods
+€258,570
Staff costs
+€59,785
Depreciation
+€6,530
Other operating charges
-€4,834
Other operating items
+€90,499
Financial income
+€7,658
Financial charges
-€9,180
Taxes
-€82
Result 2025
€2,095
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.
From operations
+€17,815
Investment
-€2,131
Financing
€0
Cash 2024
€48,961
From operations (derived)
+€17,815
Net result for the year
+€2,095
Depreciation
+€12,503
Receivables within one year
+€32,353
Deferred charges and accrued income
-€25,447
Trade debts
+€3,576
Tax, wage and social debts
-€8,726
Other debts
+€1,862
Accrued charges and deferred income
-€402
Investment (derived)
-€2,131
Investment in fixed assets (net)
-€2,131
Cash 2025
€64,644
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €728,844 | €727,250 | -€1,594 | -0.2% |
| Fixed assets | 21/28 | €163,574 | €153,202 | -€10,372 | -6.3% |
| Intangible fixed assets | 21 | €7,094 | €0 | -€7,094 | -100.0% |
| Tangible fixed assets | 22/27 | €17,246 | €13,888 | -€3,358 | -19.5% |
| Plant, machinery and equipment | 23 | €3,604 | €2,310 | -€1,294 | -35.9% |
| Furniture and vehicles | 24 | €2,084 | €665 | -€1,418 | -68.1% |
| Other tangible fixed assets | 26 | €11,558 | €10,913 | -€645 | -5.6% |
| Financial fixed assets | 28 | €139,234 | €139,314 | +€80 | +0.1% |
| Other financial fixed assets | 284/8 | €139,234 | - | -€139,234 | |
| Amounts receivable and cash guarantees | 285/8 | €139,234 | - | -€139,234 | |
| Current assets | 29/58 | €565,271 | €574,048 | +€8,778 | +1.6% |
| Amounts receivable within one year | 40/41 | €247,457 | €215,104 | -€32,353 | -13.1% |
| Trade receivables | 40 | €170,429 | €157,510 | -€12,919 | -7.6% |
| Other amounts receivable | 41 | €77,029 | €57,595 | -€19,434 | -25.2% |
| Current investments | 50/53 | €266,000 | €266,000 | = | 0.0% |
| Other investments | 51/53 | €266,000 | - | -€266,000 | |
| Cash at bank and in hand | 54/58 | €48,961 | €64,644 | +€15,683 | +32.0% |
| Deferred charges and accrued income | 490/1 | €2,853 | €28,300 | +€25,447 | +892.0% |
| Total equity and liabilities | 10/49 | €728,844 | €727,250 | -€1,594 | -0.2% |
| Equity | 10/15 | €603,629 | €605,724 | +€2,095 | +0.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €585,029 | €587,124 | +€2,095 | +0.4% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €583,169 | €585,264 | +€2,095 | +0.4% |
| Amounts payable | 17/49 | €125,215 | €121,526 | -€3,689 | -2.9% |
| Amounts payable within one year | 42/48 | €124,710 | €121,423 | -€3,287 | -2.6% |
| Trade debts | 44 | €106,972 | €110,548 | +€3,576 | +3.3% |
| Suppliers | 440/4 | €106,972 | €110,548 | +€3,576 | +3.3% |
| Taxes, remuneration and social security | 45 | €15,132 | €6,406 | -€8,726 | -57.7% |
| Taxes | 450/3 | - | €12 | +€12 | |
| Remuneration and social security | 454/9 | €15,132 | €6,394 | -€8,737 | -57.7% |
| Other amounts payable | 47/48 | €2,606 | €4,469 | +€1,862 | +71.4% |
| Accrued charges and deferred income | 492/3 | €505 | €103 | -€402 | -79.6% |
| Operating income | 70/76A | €427,579 | - | -€427,579 | |
| Turnover | 70 | €425,731 | - | -€425,731 | |
| Other operating income | 74 | €1,848 | - | -€1,848 | |
| Operating charges | 60/66A | €488,270 | - | -€488,270 | |
| Goods for resale, raw materials and consumables | 60 | €87,997 | - | -€87,997 | |
| Purchases | 600/8 | €87,997 | - | -€87,997 | |
| Services and other goods | 61 | €258,570 | - | -€258,570 | |
| Remuneration, social security and pensions | 62 | €120,880 | €61,095 | -€59,785 | -49.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,033 | €12,503 | -€6,530 | -34.3% |
| Other operating charges | 640/8 | €1,789 | €6,623 | +€4,834 | +270.1% |
| Gross operating margin | 9900 | - | €90,499 | +€90,499 | |
| Operating profit (loss) | 9901 | -€60,691 | €10,278 | +€70,969 | |
| Financial income | 75/76B | €1,574 | €9,232 | +€7,658 | +486.6% |
| Recurring financial income | 75 | €1,574 | €9,232 | +€7,658 | +486.6% |
| Income from current assets | 751 | €923 | - | -€923 | |
| Other financial income | 752/9 | €651 | - | -€651 | |
| Financial charges | 65/66B | €8,153 | €17,333 | +€9,180 | +112.6% |
| Recurring financial charges | 65 | €8,153 | €17,333 | +€9,180 | +112.6% |
| Debt charges | 650 | €15 | - | -€15 | |
| Other financial charges | 652/9 | €8,138 | - | -€8,138 | |
| Profit (loss) for the period before taxes | 9903 | -€67,270 | €2,177 | +€69,447 | |
| Income taxes | 67/77 | - | €82 | +€82 | |
| Profit (loss) for the period | 9904 | -€67,270 | €2,095 | +€69,365 | |
| Profit (loss) for the period to be appropriated | 9905 | -€67,270 | €2,095 | +€69,365 |
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 7 October 2026 via checked.be.