BECATELLO: 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.
BECATELLO
Largest movements
- Financial fixed assets -€8.1m
down €8.1m (-3.2%), from €250.9m to €242.8m
- Cash +€4.7m
up €4.7m (+100.8%), from €4.6m to €9.3m
mainly Investment in fixed assets (net) (+€8.1m) and Receivables within one year (+€1.1m)
- Profit (loss) carried forward -€4.6m
down €4.6m (-3.3%), from €139.8m to €135.3m
- Financial income -€16.7m
down €16.7m (-73.5%), from €22.7m to €6.0m
- Financial charges +€7.4m
up €7.4m (+869.2%), from €853,391 to €8.3m
- Gross operating margin -€358,730
down €358,730 (-20.0%), from -€1.8m to -€2.2m
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 | €349,016,506 | €344,070,567 | -€4.9m | -1.4% |
| Fixed assets | 21/28 | €251,887,703 | €243,788,925 | -€8.1m | -3.2% |
| Tangible fixed assets | 22/27 | €978,152 | €958,149 | -€20,003 | -2.0% |
| Land and buildings | 22 | €978,152 | €958,149 | -€20,003 | -2.0% |
| Financial fixed assets | 28 | €250,909,551 | €242,830,776 | -€8.1m | -3.2% |
| Current assets | 29/58 | €97,128,803 | €100,281,642 | +€3.2m | +3.2% |
| Amounts receivable within one year | 40/41 | €19,473,391 | €18,403,556 | -€1.1m | -5.5% |
| Trade receivables | 40 | €288 | - | -€288 | |
| Other amounts receivable | 41 | €19,473,103 | €18,403,556 | -€1.1m | -5.5% |
| Current investments | 50/53 | €73,030,747 | €72,592,213 | -€438,534 | -0.6% |
| Cash at bank and in hand | 54/58 | €4,624,665 | €9,285,873 | +€4.7m | +100.8% |
| Total equity and liabilities | 10/49 | €349,016,506 | €344,070,567 | -€4.9m | -1.4% |
| Equity | 10/15 | €192,072,235 | €187,478,943 | -€4.6m | -2.4% |
| Contributions | 10/11 | €75,000 | €75,000 | = | 0.0% |
| Capital | 10 | €75,000 | €75,000 | = | 0.0% |
| Issued capital | 100 | €75,000 | €75,000 | = | 0.0% |
| Reserves | 13 | €52,149,500 | €52,149,500 | = | 0.0% |
| Non-distributable reserves | 130/1 | €7,500 | €7,500 | = | 0.0% |
| Legal reserve | 130 | €7,500 | €7,500 | = | 0.0% |
| Distributable reserves | 133 | €52,142,000 | €52,142,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €139,847,735 | €135,254,443 | -€4.6m | -3.3% |
| Amounts payable | 17/49 | €156,944,271 | €156,591,625 | -€352,646 | -0.2% |
| Amounts payable within one year | 42/48 | €156,944,271 | €156,591,625 | -€352,646 | -0.2% |
| Trade debts | 44 | - | €487,278 | +€487,278 | |
| Suppliers | 440/4 | - | €487,278 | +€487,278 | |
| Other amounts payable | 47/48 | €156,944,271 | €156,104,346 | -€839,925 | -0.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,365 | €20,003 | -€362 | -1.8% |
| Other operating charges | 640/8 | €176,170 | €186,890 | +€10,720 | +6.1% |
| Gross operating margin | 9900 | -€1,791,381 | -€2,150,111 | -€358,730 | -20.0% |
| Operating profit (loss) | 9901 | -€1,987,916 | -€2,357,004 | -€369,088 | -18.6% |
| Financial income | 75/76B | €22,744,352 | €6,034,459 | -€16.7m | -73.5% |
| Recurring financial income | 75 | €22,744,352 | €6,034,459 | -€16.7m | -73.5% |
| Financial charges | 65/66B | €853,391 | €8,270,748 | +€7.4m | +869.2% |
| Recurring financial charges | 65 | €853,391 | €8,270,748 | +€7.4m | +869.2% |
| Profit (loss) for the period before taxes | 9903 | €19,903,045 | -€4,593,292 | -€24.5m | |
| Profit (loss) for the period | 9904 | €19,903,045 | -€4,593,292 | -€24.5m | |
| Profit (loss) for the period to be appropriated | 9905 | €19,903,045 | -€4,593,292 | -€24.5m |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.