BECERTA: 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.
BECERTA
Largest movements
- Intangible fixed assets -€19,257
down €19,257 (-16.3%), from €118,272 to €99,015
- Cash +€16,150
up €16,150 (+94.7%), from €17,059 to €33,210
mainly Depreciation (+€19,257) and Net result for the year (+€11,692)
- Receivables within one year +€14,969
up €14,969 (+30.2%), from €49,567 to €64,535
- Reserves +€11,692
up €11,692 (+71.1%), from €16,444 to €28,135
of which Distributable reserves: +€11,692
- Gross operating margin -€26,133
down €26,133 (-36.9%), from €70,909 to €44,776
- Other operating charges -€21,178
down €21,178 (-69.9%), from €30,319 to €9,141
- Taxes -€3,026
down €3,026 (-39.1%), from €7,745 to €4,719
- Depreciation +€2,730
up €2,730 (+16.5%), from €16,527 to €19,257
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 | €184,898 | €196,760 | +€11,862 | +6.4% |
| Fixed assets | 21/28 | €118,272 | €99,015 | -€19,257 | -16.3% |
| Intangible fixed assets | 21 | €118,272 | €99,015 | -€19,257 | -16.3% |
| Current assets | 29/58 | €66,626 | €97,745 | +€31,119 | +46.7% |
| Amounts receivable within one year | 40/41 | €49,567 | €64,535 | +€14,969 | +30.2% |
| Trade receivables | 40 | €49,567 | €64,535 | +€14,969 | +30.2% |
| Cash at bank and in hand | 54/58 | €17,059 | €33,210 | +€16,150 | +94.7% |
| Total equity and liabilities | 10/49 | €184,898 | €196,760 | +€11,862 | +6.4% |
| Equity | 10/15 | €18,444 | €30,135 | +€11,692 | +63.4% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €16,444 | €28,135 | +€11,692 | +71.1% |
| Non-distributable reserves | 130/1 | €200 | €200 | = | 0.0% |
| Reserves not available under the articles | 1311 | €200 | €200 | = | 0.0% |
| Distributable reserves | 133 | €16,244 | €27,935 | +€11,692 | +72.0% |
| Amounts payable | 17/49 | €166,454 | €166,624 | +€170 | +0.1% |
| Amounts payable within one year | 42/48 | €166,454 | €166,624 | +€170 | +0.1% |
| Trade debts | 44 | €2,130 | €3,945 | +€1,814 | +85.2% |
| Suppliers | 440/4 | €2,130 | €3,945 | +€1,814 | +85.2% |
| Taxes, remuneration and social security | 45 | €13,221 | €11,688 | -€1,534 | -11.6% |
| Taxes | 450/3 | €13,221 | €11,688 | -€1,534 | -11.6% |
| Other amounts payable | 47/48 | €151,102 | €150,992 | -€110 | -0.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,527 | €19,257 | +€2,730 | +16.5% |
| Other operating charges | 640/8 | €30,319 | €9,141 | -€21,178 | -69.9% |
| Gross operating margin | 9900 | €70,909 | €44,776 | -€26,133 | -36.9% |
| Operating profit (loss) | 9901 | €24,063 | €16,378 | -€7,685 | -31.9% |
| Financial income | 75/76B | €179 | €169 | -€10 | -5.5% |
| Recurring financial income | 75 | €179 | €169 | -€10 | -5.5% |
| Financial charges | 65/66B | €53 | €136 | +€83 | +158.2% |
| Recurring financial charges | 65 | €53 | €136 | +€83 | +158.2% |
| Profit (loss) for the period before taxes | 9903 | €24,189 | €16,411 | -€7,778 | -32.2% |
| Income taxes | 67/77 | €7,745 | €4,719 | -€3,026 | -39.1% |
| Profit (loss) for the period | 9904 | €16,444 | €11,692 | -€4,752 | -28.9% |
| Profit (loss) for the period to be appropriated | 9905 | €16,444 | €11,692 | -€4,752 | -28.9% |
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 28 September 2026 via checked.be.