BECATRA: 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.
BECATRA
Largest movements
- Receivables within one year +€272,941
up €272,941 (+210.8%), from €129,491 to €402,432
of which Other amounts receivable: +€285,546
- Current investments -€129,395
down €129,395 (-35.5%), from €364,112 to €234,717
- Cash +€99,145
up €99,145 (+127.5%), from €77,736 to €176,881
mainly Net result for the year (+€268,455) and Current investments (+€129,395)
- Reserves +€268,455
up €268,455 (+39.8%), from €675,061 to €943,515
of which Distributable reserves: +€268,455
- Other debts -€32,471
down €32,471 (-18.6%), from €174,184 to €141,712
- Financial income +€258,440
up €258,440 (+626.4%), from €41,260 to €299,700
- Taxes +€24,115
up €24,115 (+821.0%), from €2,937 to €27,052
- Gross operating margin +€11,825
up €11,825 (+385.0%), from €3,072 to €14,897
- Financial charges +€3,619
up €3,619 (+38.0%), from €9,533 to €13,152
- Other operating charges -€235
down €235 (-11.4%), from €2,060 to €1,825
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 | €1,074,371 | €1,312,926 | +€238,555 | +22.2% |
| Fixed assets | 21/28 | €500,600 | €496,487 | -€4,113 | -0.8% |
| Tangible fixed assets | 22/27 | €4,813 | €700 | -€4,113 | -85.5% |
| Furniture and vehicles | 24 | €4,813 | €700 | -€4,113 | -85.5% |
| Financial fixed assets | 28 | €495,787 | €495,787 | = | 0.0% |
| Current assets | 29/58 | €573,771 | €816,440 | +€242,668 | +42.3% |
| Amounts receivable within one year | 40/41 | €129,491 | €402,432 | +€272,941 | +210.8% |
| Trade receivables | 40 | €30,906 | €18,301 | -€12,604 | -40.8% |
| Other amounts receivable | 41 | €98,585 | €384,131 | +€285,546 | +289.6% |
| Current investments | 50/53 | €364,112 | €234,717 | -€129,395 | -35.5% |
| Cash at bank and in hand | 54/58 | €77,736 | €176,881 | +€99,145 | +127.5% |
| Deferred charges and accrued income | 490/1 | €2,432 | €2,409 | -€23 | -1.0% |
| Total equity and liabilities | 10/49 | €1,074,371 | €1,312,926 | +€238,555 | +22.2% |
| Equity | 10/15 | €875,061 | €1,143,515 | +€268,455 | +30.7% |
| Contributions | 10/11 | €200,000 | €200,000 | = | 0.0% |
| Capital | 10 | €200,000 | €200,000 | = | 0.0% |
| Issued capital | 100 | €200,000 | €200,000 | = | 0.0% |
| Reserves | 13 | €675,061 | €943,515 | +€268,455 | +39.8% |
| Non-distributable reserves | 130/1 | €20,000 | €20,000 | = | 0.0% |
| Legal reserve | 130 | €20,000 | €20,000 | = | 0.0% |
| Distributable reserves | 133 | €655,061 | €923,515 | +€268,455 | +41.0% |
| Amounts payable | 17/49 | €199,311 | €169,411 | -€29,899 | -15.0% |
| Amounts payable within one year | 42/48 | €194,128 | €160,958 | -€33,169 | -17.1% |
| Trade debts | 44 | €2,771 | €1,875 | -€896 | -32.3% |
| Suppliers | 440/4 | €2,771 | €1,875 | -€896 | -32.3% |
| Taxes, remuneration and social security | 45 | €17,173 | €17,371 | +€198 | +1.2% |
| Taxes | 450/3 | €17,173 | €17,371 | +€198 | +1.2% |
| Other amounts payable | 47/48 | €174,184 | €141,712 | -€32,471 | -18.6% |
| Accrued charges and deferred income | 492/3 | €5,183 | €8,453 | +€3,270 | +63.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,113 | €4,113 | = | 0.0% |
| Other operating charges | 640/8 | €2,060 | €1,825 | -€235 | -11.4% |
| Gross operating margin | 9900 | €3,072 | €14,897 | +€11,825 | +385.0% |
| Operating profit (loss) | 9901 | -€3,101 | €8,959 | +€12,061 | |
| Financial income | 75/76B | €41,260 | €299,700 | +€258,440 | +626.4% |
| Recurring financial income | 75 | €41,260 | €299,700 | +€258,440 | +626.4% |
| Financial charges | 65/66B | €9,533 | €13,152 | +€3,619 | +38.0% |
| Recurring financial charges | 65 | €9,533 | €13,152 | +€3,619 | +38.0% |
| Profit (loss) for the period before taxes | 9903 | €28,626 | €295,507 | +€266,881 | +932.3% |
| Income taxes | 67/77 | €2,937 | €27,052 | +€24,115 | +821.0% |
| Profit (loss) for the period | 9904 | €25,689 | €268,455 | +€242,766 | +945.0% |
| Profit (loss) for the period to be appropriated | 9905 | €25,689 | €268,455 | +€242,766 | +945.0% |
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 9 October 2026 via checked.be.