BECD TELECOM: what changed
Two financial 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.
BECD TELECOM
Largest movements
- Cash -€11,020
down €11,020 (-43.4%), from €25,399 to €14,379
mainly Other debts (-€21,490) and Receivables within one year (-€10,767)
- Receivables within one year +€10,767
up €10,767 (+372.3%), from €2,892 to €13,660
of which Trade receivables: +€12,000
- Intangible fixed assets -€10,150
no longer reported in 2025 (was €10,150)
- Tangible fixed assets -€1,008
down €1,008 (-30.0%), from €3,359 to €2,352
- Other debts -€21,490
down €21,490 (-99.9%), from €21,515 to €25
- Trade debts +€6,415
new in 2025: €6,415
- Profit (loss) carried forward +€4,113
up €4,113, from -€2,026 to €2,086
- Debts after one year -€3,000
down €3,000 (-13.8%), from €21,750 to €18,750
- Current portion of long-term debt +€2,578
up €2,578 (+42.8%), from €6,018 to €8,596
- Other operating charges -€55,165
down €55,165 (-99.7%), from €55,315 to €150
- Gross operating margin -€38,643
down €38,643 (-70.7%), from €54,649 to €16,006
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 | €67,801 | €56,391 | -€11,410 | -16.8% |
| Fixed assets | 21/28 | €39,509 | €28,352 | -€11,158 | -28.2% |
| Intangible fixed assets | 21 | €10,150 | - | -€10,150 | |
| Tangible fixed assets | 22/27 | €3,359 | €2,352 | -€1,008 | -30.0% |
| Furniture and vehicles | 24 | €3,359 | €2,352 | -€1,008 | -30.0% |
| Financial fixed assets | 28 | €26,000 | €26,000 | = | 0.0% |
| Current assets | 29/58 | €28,292 | €28,039 | -€253 | -0.9% |
| Amounts receivable within one year | 40/41 | €2,892 | €13,660 | +€10,767 | +372.3% |
| Trade receivables | 40 | €1,660 | €13,660 | +€12,000 | +722.9% |
| Other amounts receivable | 41 | €1,233 | - | -€1,233 | |
| Cash at bank and in hand | 54/58 | €25,399 | €14,379 | -€11,020 | -43.4% |
| Total equity and liabilities | 10/49 | €67,801 | €56,391 | -€11,410 | -16.8% |
| Equity | 10/15 | €18,434 | €22,546 | +€4,113 | +22.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Other | 1109/19 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,026 | €2,086 | +€4,113 | |
| Amounts payable | 17/49 | €49,367 | €33,844 | -€15,523 | -31.4% |
| Amounts payable after more than one year | 17 | €21,750 | €18,750 | -€3,000 | -13.8% |
| Financial debts | 170/4 | €21,750 | €18,750 | -€3,000 | -13.8% |
| Amounts payable within one year | 42/48 | €27,618 | €15,095 | -€12,523 | -45.3% |
| Current portion of amounts payable after more than one year | 42 | €6,018 | €8,596 | +€2,578 | +42.8% |
| Trade debts | 44 | - | €6,415 | +€6,415 | |
| Suppliers | 440/4 | - | €6,415 | +€6,415 | |
| Taxes, remuneration and social security | 45 | €85 | €58 | -€26 | -31.2% |
| Taxes | 450/3 | €85 | €58 | -€26 | -31.2% |
| Other amounts payable | 47/48 | €21,515 | €25 | -€21,490 | -99.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,158 | €11,158 | = | 0.0% |
| Other operating charges | 640/8 | €55,315 | €150 | -€55,165 | -99.7% |
| Gross operating margin | 9900 | €54,649 | €16,006 | -€38,643 | -70.7% |
| Operating profit (loss) | 9901 | -€11,824 | €4,698 | +€16,522 | |
| Financial charges | 65/66B | €317 | €586 | +€268 | +84.4% |
| Recurring financial charges | 65 | €317 | €586 | +€268 | +84.4% |
| Profit (loss) for the period before taxes | 9903 | -€12,141 | €4,113 | +€16,254 | |
| Profit (loss) for the period | 9904 | -€12,141 | €4,113 | +€16,254 | |
| Profit (loss) for the period to be appropriated | 9905 | -€12,141 | €4,113 | +€16,254 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.