BECKBOX: 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.
BECKBOX
Largest movements
- Receivables within one year +€532,381
up €532,381 (+197.0%), from €270,203 to €802,584
of which Other amounts receivable: +€529,322
- Cash +€323,880
up €323,880 (+412.5%), from €78,510 to €402,390
mainly Net result for the year (+€1.1m) and Depreciation (+€217,350)
- Tangible fixed assets +€165,540
up €165,540 (+21.1%), from €784,703 to €950,243
of which Furniture and vehicles: +€228,050
- Stocks and contracts -€26,027
down €26,027 (-19.3%), from €135,002 to €108,975
- Reserves +€900,000
up €900,000 (+45000.0%), from €2,000 to €902,000
of which Distributable reserves: +€900,000
- Current portion of long-term debt -€309,402
no longer reported in 2025 (was €309,402)
- Profit (loss) carried forward +€191,396
up €191,396 (+25.6%), from €747,066 to €938,462
- Trade debts +€122,036
up €122,036 (+103.3%), from €118,099 to €240,135
- Tax, wage and social debts +€104,302
up €104,302 (+191.6%), from €54,447 to €158,749
of which Taxes: +€98,182
- Gross operating margin +€815,052
up €815,052 (+85.8%), from €949,987 to €1.8m
- Staff costs -€202,632
down €202,632 (-38.1%), from €531,317 to €328,685
- Taxes +€69,054
up €69,054 (+237.1%), from €29,128 to €98,182
- Depreciation +€29,238
up €29,238 (+15.5%), from €188,112 to €217,350
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 | €1,274,339 | €2,269,856 | +€995,517 | +78.1% |
| Fixed assets | 21/28 | €790,367 | €955,907 | +€165,540 | +20.9% |
| Tangible fixed assets | 22/27 | €784,703 | €950,243 | +€165,540 | +21.1% |
| Land and buildings | 22 | €277,388 | €243,995 | -€33,393 | -12.0% |
| Plant, machinery and equipment | 23 | €252,159 | €223,042 | -€29,117 | -11.5% |
| Furniture and vehicles | 24 | €255,156 | €483,206 | +€228,050 | +89.4% |
| Financial fixed assets | 28 | €5,664 | €5,664 | = | 0.0% |
| Current assets | 29/58 | €483,972 | €1,313,949 | +€829,977 | +171.5% |
| Stocks and contracts in progress | 3 | €135,002 | €108,975 | -€26,027 | -19.3% |
| Stocks | 30/36 | €135,002 | €108,975 | -€26,027 | -19.3% |
| Amounts receivable within one year | 40/41 | €270,203 | €802,584 | +€532,381 | +197.0% |
| Trade receivables | 40 | €220,719 | €223,778 | +€3,059 | +1.4% |
| Other amounts receivable | 41 | €49,484 | €578,806 | +€529,322 | +1069.7% |
| Cash at bank and in hand | 54/58 | €78,510 | €402,390 | +€323,880 | +412.5% |
| Deferred charges and accrued income | 490/1 | €257 | - | -€257 | |
| Total equity and liabilities | 10/49 | €1,274,339 | €2,269,856 | +€995,517 | +78.1% |
| Equity | 10/15 | €769,066 | €1,860,462 | +€1.1m | +141.9% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €2,000 | €902,000 | +€900,000 | +45000.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | - | €900,000 | +€900,000 | |
| Profit (loss) carried forward | 14 | €747,066 | €938,462 | +€191,396 | +25.6% |
| Amounts payable | 17/49 | €505,273 | €409,394 | -€95,879 | -19.0% |
| Amounts payable within one year | 42/48 | €486,443 | €399,629 | -€86,814 | -17.8% |
| Current portion of amounts payable after more than one year | 42 | €309,402 | - | -€309,402 | |
| Trade debts | 44 | €118,099 | €240,135 | +€122,036 | +103.3% |
| Suppliers | 440/4 | €118,099 | €240,135 | +€122,036 | +103.3% |
| Taxes, remuneration and social security | 45 | €54,447 | €158,749 | +€104,302 | +191.6% |
| Taxes | 450/3 | €25,000 | €123,182 | +€98,182 | +392.7% |
| Remuneration and social security | 454/9 | €29,447 | €35,567 | +€6,120 | +20.8% |
| Other amounts payable | 47/48 | €4,495 | €745 | -€3,750 | -83.4% |
| Accrued charges and deferred income | 492/3 | €18,830 | €9,765 | -€9,065 | -48.1% |
| Non-recurring operating income | 76A | - | €2,000,000 | +€2.0m | |
| Remuneration, social security and pensions | 62 | €531,317 | €328,685 | -€202,632 | -38.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €188,112 | €217,350 | +€29,238 | +15.5% |
| Other operating charges | 640/8 | €24,557 | €33,663 | +€9,106 | +37.1% |
| Non-recurring operating charges | 66A | €72,811 | €537 | -€72,274 | -99.3% |
| Gross operating margin | 9900 | €949,987 | €1,765,039 | +€815,052 | +85.8% |
| Operating profit (loss) | 9901 | €133,190 | €1,184,804 | +€1.1m | +789.6% |
| Financial income | 75/76B | €56 | €6,702 | +€6,646 | +11867.9% |
| Recurring financial income | 75 | €56 | €6,702 | +€6,646 | +11867.9% |
| Financial charges | 65/66B | €15,108 | €1,928 | -€13,180 | -87.2% |
| Recurring financial charges | 65 | €15,108 | €1,928 | -€13,180 | -87.2% |
| Profit (loss) for the period before taxes | 9903 | €118,138 | €1,189,578 | +€1.1m | +906.9% |
| Income taxes | 67/77 | €29,128 | €98,182 | +€69,054 | +237.1% |
| Profit (loss) for the period | 9904 | €89,010 | €1,091,396 | +€1.0m | +1126.1% |
| Profit (loss) for the period to be appropriated | 9905 | €89,010 | €1,091,396 | +€1.0m | +1126.1% |
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 8 October 2026 via checked.be.