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BECHRIS: 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

BECHRIS

BE 0453.134.312
NACE 68.201, Renting and operating of own or leased residential real estate, excluding social housing
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€27,954
2024 · €47,574-€19,620
Equity
€173,612
2024 · €145,658+€27,954
Cash
€34,608
2024 · €45,081-€10,473
Balance sheet total
€216,560
2024 · €222,516-€5,956

Largest movements

2024 to 2025
Assets
  • Current investments +€41,575

    new in 2025: €41,575

  • Receivables within one year -€24,233

    down €24,233 (-19.9%), from €121,568 to €97,335

    of which Trade receivables: -€26,722

  • Tangible fixed assets -€14,431

    down €14,431 (-26.9%), from €53,743 to €39,312

    of which Furniture and vehicles: -€9,463

  • Cash -€10,473

    down €10,473 (-23.2%), from €45,081 to €34,608

    mainly Current investments (-€41,575) and Tax, wage and social debts (-€14,923)

Equity and liabilities
  • Reserves +€27,954

    up €27,954 (+29.6%), from €94,540 to €122,494

    of which Distributable reserves: +€27,954

  • Tax, wage and social debts -€14,923

    down €14,923 (-84.2%), from €17,719 to €2,796

  • Debts after one year -€11,299

    down €11,299 (-45.6%), from €24,781 to €13,482

  • Current portion of long-term debt -€7,724

    down €7,724 (-40.3%), from €19,186 to €11,462

  • Other debts +€3,605

    up €3,605 (+35.7%), from €10,110 to €13,715

Income statement
  • Gross operating margin -€33,347

    down €33,347 (-32.6%), from €102,288 to €68,941

  • Taxes -€10,930

    down €10,930 (-39.4%), from €27,719 to €16,789

  • Other operating charges -€2,355

    down €2,355 (-31.9%), from €7,392 to €5,037

From the 2024 result to the 2025 result

effect on the 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 €47,574
Gross operating margin -€33,347
Depreciation -€235
Other operating charges +€2,355
Financial income -€36
Financial charges +€713
Taxes +€10,930
Result 2025 €27,954

Cash bridge derived

cash 2024 to 2025

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 +€53,597
Investment -€45,047
Financing -€19,023
Cash 2024 €45,081
Net result for the year +€27,954
Depreciation +€17,903
Receivables within one year +€24,233
Deferred charges and accrued income -€1,605
Trade debts -€2,655
Tax, wage and social debts -€14,923
Other debts +€3,605
Accrued charges and deferred income -€914
Investment in fixed assets (net) -€3,472
Current investments -€41,575
Debts after one year -€11,299
Current portion of long-term debt -€7,724
Cash 2025 €34,608
Every line side by side 45 lines
Line Code 2024 2025 Change %
Total assets 20/58 €222,516 €216,560 -€5,956 -2.7%
Fixed assets 21/28 €53,743 €39,312 -€14,431 -26.9%
Tangible fixed assets 22/27 €53,743 €39,312 -€14,431 -26.9%
Land and buildings 22 €872 €2,089 +€1,217 +139.5%
Plant, machinery and equipment 23 €28,273 €22,089 -€6,184 -21.9%
Furniture and vehicles 24 €24,598 €15,135 -€9,463 -38.5%
Current assets 29/58 €168,773 €177,248 +€8,475 +5.0%
Amounts receivable within one year 40/41 €121,568 €97,335 -€24,233 -19.9%
Trade receivables 40 €121,082 €94,360 -€26,722 -22.1%
Other amounts receivable 41 €485 €2,975 +€2,490 +512.9%
Current investments 50/53 - €41,575 +€41,575
Cash at bank and in hand 54/58 €45,081 €34,608 -€10,473 -23.2%
Deferred charges and accrued income 490/1 €2,124 €3,730 +€1,605 +75.6%
Total equity and liabilities 10/49 €222,516 €216,560 -€5,956 -2.7%
Equity 10/15 €145,658 €173,612 +€27,954 +19.2%
Contributions 10/11 €18,592 €18,592 = 0.0%
Reserves 13 €94,540 €122,494 +€27,954 +29.6%
Non-distributable reserves 130/1 €1,859 €1,859 = 0.0%
Reserves not available under the articles 1311 €1,859 €1,859 = 0.0%
Distributable reserves 133 €92,681 €120,635 +€27,954 +30.2%
Profit (loss) carried forward 14 €32,526 €32,526 = 0.0%
Amounts payable 17/49 €76,858 €42,948 -€33,910 -44.1%
Amounts payable after more than one year 17 €24,781 €13,482 -€11,299 -45.6%
Financial debts 170/4 €24,781 €13,482 -€11,299 -45.6%
Amounts payable within one year 42/48 €50,569 €28,872 -€21,697 -42.9%
Current portion of amounts payable after more than one year 42 €19,186 €11,462 -€7,724 -40.3%
Trade debts 44 €3,554 €899 -€2,655 -74.7%
Suppliers 440/4 €3,554 €899 -€2,655 -74.7%
Taxes, remuneration and social security 45 €17,719 €2,796 -€14,923 -84.2%
Taxes 450/3 €17,719 €2,796 -€14,923 -84.2%
Other amounts payable 47/48 €10,110 €13,715 +€3,605 +35.7%
Accrued charges and deferred income 492/3 €1,508 €594 -€914 -60.6%
Non-recurring operating income 76A €0 €266 +€266
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €17,668 €17,903 +€235 +1.3%
Other operating charges 640/8 €7,392 €5,037 -€2,355 -31.9%
Gross operating margin 9900 €102,288 €68,941 -€33,347 -32.6%
Operating profit (loss) 9901 €77,229 €46,002 -€31,226 -40.4%
Financial income 75/76B €47 €11 -€36 -77.1%
Recurring financial income 75 €47 €11 -€36 -77.1%
Financial charges 65/66B €1,983 €1,270 -€713 -36.0%
Recurring financial charges 65 €1,983 €1,270 -€713 -36.0%
Profit (loss) for the period before taxes 9903 €75,293 €44,743 -€30,550 -40.6%
Income taxes 67/77 €27,719 €16,789 -€10,930 -39.4%
Profit (loss) for the period 9904 €47,574 €27,954 -€19,620 -41.2%
Profit (loss) for the period to be appropriated 9905 €47,574 €27,954 -€19,620 -41.2%

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 29 September 2026 via checked.be.