BECAUS: 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
BECAUS
NACE 81.300, Landscape service activities
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€92,638
2024 · €177,833-€85,195
Equity
€1.8m
2024 · €1.7m+€92,638
Cash
€122,858
2024 · €80,427+€42,431
Balance sheet total
€2.7m
2024 · €2.7m-€11,478
Largest movements
Assets
- Receivables within one year -€198,634
down €198,634 (-15.4%), from €1.3m to €1.1m
of which Trade receivables: -€199,534
- Stocks and contracts +€118,214
up €118,214 (+65.1%), from €181,643 to €299,857
of which Contracts in progress: +€79,052
- Cash +€42,431
up €42,431 (+52.8%), from €80,427 to €122,858
mainly Receivables within one year (+€198,634) and Depreciation (+€120,784)
Equity and liabilities
- Other debts -€166,111
no longer reported in 2025 (was €166,111)
- Advances received +€106,380
new in 2025: €106,380
- Reserves +€92,427
up €92,427 (+5.7%), from €1.6m to €1.7m
of which Distributable reserves: +€101,000
- Tax, wage and social debts -€72,415
down €72,415 (-19.4%), from €373,500 to €301,085
of which Remuneration and social security: -€54,731
- Debts after one year +€47,979
new in 2025: €47,979
Income statement
- Turnover +€4.8m
new in 2025: €4.8m
- Goods and materials +€2.4m
new in 2025: €2.4m
of which Purchases: +€2.4m
- Gross operating margin -€1.7m
no longer reported in 2025 (was €1.7m)
- Services and other goods +€940,228
new in 2025: €940,228
- Staff costs +€70,323
up €70,323 (+5.4%), from €1.3m to €1.4m
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
€177,833
Turnover
+€4.8m
Other operating income
+€61,414
Goods and materials
-€2.4m
Services and other goods
-€940,228
Staff costs
-€70,323
Depreciation
-€12,910
Write-downs
-€7,722
Other operating charges
-€691
Other operating items
-€1.6m
Financial income
-€20,750
Financial charges
-€817
Taxes
+€31,875
Result 2025
€92,638
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
+€123,387
Investment
-€144,358
Financing
+€63,403
Cash 2024
€80,427
From operations (derived)
+€123,387
Net result for the year
+€92,638
Depreciation
+€120,784
Stocks and contracts
-€118,214
Receivables within one year
+€198,634
Deferred charges and accrued income
-€2,937
Provisions
-€4,414
Trade debts
-€30,959
Tax, wage and social debts
-€72,415
Advances received
+€106,380
Other debts
-€166,111
Investment (derived)
-€144,358
Investment in fixed assets (net)
-€144,358
Financing
+€63,403
Debts after one year
+€47,979
Current portion of long-term debt
+€35,672
Short-term financial debts
-€20,248
Cash 2025
€122,858
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,717,829 | €2,706,351 | -€11,478 | -0.4% |
| Fixed assets | 21/28 | €1,165,616 | €1,189,190 | +€23,574 | +2.0% |
| Tangible fixed assets | 22/27 | €1,164,941 | €1,188,515 | +€23,574 | +2.0% |
| Land and buildings | 22 | €1,120,070 | €1,041,592 | -€78,478 | -7.0% |
| Plant, machinery and equipment | 23 | €25,515 | €29,212 | +€3,697 | +14.5% |
| Furniture and vehicles | 24 | €19,356 | €23,701 | +€4,345 | +22.4% |
| Leasing and similar rights | 25 | - | €94,010 | +€94,010 | |
| Financial fixed assets | 28 | €675 | €675 | = | 0.0% |
| Other financial fixed assets | 284/8 | - | €675 | +€675 | |
| Amounts receivable and cash guarantees | 285/8 | - | €675 | +€675 | |
| Current assets | 29/58 | €1,552,213 | €1,517,161 | -€35,052 | -2.3% |
| Stocks and contracts in progress | 3 | €181,643 | €299,857 | +€118,214 | +65.1% |
| Stocks | 30/36 | €181,643 | €220,805 | +€39,162 | +21.6% |
| Raw materials and consumables | 30/31 | - | €220,805 | +€220,805 | |
| Contracts in progress | 37 | - | €79,052 | +€79,052 | |
| Amounts receivable within one year | 40/41 | €1,290,143 | €1,091,508 | -€198,634 | -15.4% |
| Trade receivables | 40 | €1,288,943 | €1,089,408 | -€199,534 | -15.5% |
| Other amounts receivable | 41 | €1,200 | €2,100 | +€900 | +75.0% |
| Cash at bank and in hand | 54/58 | €80,427 | €122,858 | +€42,431 | +52.8% |
| Deferred charges and accrued income | 490/1 | - | €2,937 | +€2,937 | |
| Total equity and liabilities | 10/49 | €2,717,829 | €2,706,351 | -€11,478 | -0.4% |
| Equity | 10/15 | €1,686,944 | €1,779,582 | +€92,638 | +5.5% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | - | €62,000 | +€62,000 | |
| Issued capital | 100 | - | €62,000 | +€62,000 | |
| Reserves | 13 | €1,624,491 | €1,716,918 | +€92,427 | +5.7% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | - | €6,200 | +€6,200 | |
| Reserves not available under the articles | 1311 | €6,200 | - | -€6,200 | |
| Tax-exempt reserves | 132 | €34,291 | €25,718 | -€8,573 | -25.0% |
| Distributable reserves | 133 | €1,584,000 | €1,685,000 | +€101,000 | +6.4% |
| Profit (loss) carried forward | 14 | €453 | €664 | +€211 | +46.5% |
| Provisions and deferred taxes | 16 | €17,657 | €13,243 | -€4,414 | -25.0% |
| Deferred taxes | 168 | €17,657 | €13,243 | -€4,414 | -25.0% |
| Amounts payable | 17/49 | €1,013,228 | €913,526 | -€99,702 | -9.8% |
| Amounts payable after more than one year | 17 | - | €47,979 | +€47,979 | |
| Financial debts | 170/4 | - | €47,979 | +€47,979 | |
| Leasing and similar obligations | 172 | - | €47,979 | +€47,979 | |
| Amounts payable within one year | 42/48 | €1,007,077 | €859,396 | -€147,681 | -14.7% |
| Current portion of amounts payable after more than one year | 42 | - | €35,672 | +€35,672 | |
| Financial debts | 43 | €20,248 | - | -€20,248 | |
| Credit institutions | 430/8 | €20,248 | - | -€20,248 | |
| Trade debts | 44 | €447,218 | €416,259 | -€30,959 | -6.9% |
| Suppliers | 440/4 | €447,218 | €416,259 | -€30,959 | -6.9% |
| Advances received on contracts in progress | 46 | - | €106,380 | +€106,380 | |
| Taxes, remuneration and social security | 45 | €373,500 | €301,085 | -€72,415 | -19.4% |
| Taxes | 450/3 | €194,245 | €176,561 | -€17,684 | -9.1% |
| Remuneration and social security | 454/9 | €179,256 | €124,524 | -€54,731 | -30.5% |
| Other amounts payable | 47/48 | €166,111 | - | -€166,111 | |
| Accrued charges and deferred income | 492/3 | €6,151 | €6,151 | = | 0.0% |
| Operating income | 70/76A | - | €4,955,395 | +€5.0m | |
| Turnover | 70 | - | €4,814,930 | +€4.8m | |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | - | €79,052 | +€79,052 | |
| Other operating income | 74 | - | €61,414 | +€61,414 | |
| Operating charges | 60/66A | - | €4,813,470 | +€4.8m | |
| Goods for resale, raw materials and consumables | 60 | - | €2,354,290 | +€2.4m | |
| Purchases | 600/8 | - | €2,393,452 | +€2.4m | |
| Change in stocks: decrease (increase) | 609 | - | -€39,162 | -€39,162 | |
| Services and other goods | 61 | - | €940,228 | +€940,228 | |
| Remuneration, social security and pensions | 62 | €1,294,033 | €1,364,357 | +€70,323 | +5.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €107,874 | €120,784 | +€12,910 | +12.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€7,722 | - | +€7,722 | |
| Other operating charges | 640/8 | €33,120 | €33,811 | +€691 | +2.1% |
| Gross operating margin | 9900 | €1,664,734 | - | -€1.7m | |
| Operating profit (loss) | 9901 | €237,429 | €141,926 | -€95,503 | -40.2% |
| Financial income | 75/76B | €21,379 | €629 | -€20,750 | -97.1% |
| Recurring financial income | 75 | €21,379 | €629 | -€20,750 | -97.1% |
| Other financial income | 752/9 | - | €629 | +€629 | |
| Financial charges | 65/66B | €8,579 | €9,396 | +€817 | +9.5% |
| Recurring financial charges | 65 | €8,579 | €9,396 | +€817 | +9.5% |
| Debt charges | 650 | - | €5,724 | +€5,724 | |
| Other financial charges | 652/9 | - | €3,672 | +€3,672 | |
| Profit (loss) for the period before taxes | 9903 | €250,229 | €133,159 | -€117,070 | -46.8% |
| Transfer from deferred taxes | 780 | €4,414 | €4,414 | = | 0.0% |
| Income taxes | 67/77 | €76,810 | €44,935 | -€31,875 | -41.5% |
| Taxes | 670/3 | - | €44,935 | +€44,935 | |
| Profit (loss) for the period | 9904 | €177,833 | €92,638 | -€85,195 | -47.9% |
| Transfer from tax-exempt reserves | 789 | €8,573 | €8,573 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €186,406 | €101,211 | -€85,195 | -45.7% |
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 7 October 2026 via checked.be.