BECO: 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.
BECO
Largest movements
- Tangible fixed assets +€1,485
new in 2025: €1,485
- Cash -€449
down €449 (-33.1%), from €1,355 to €906
mainly Investment in fixed assets (net) (-€1,653) and Other debts (-€791)
- Receivables within one year -€175
down €175 (-5.0%), from €3,475 to €3,299
of which Other amounts receivable: -€210
- Profit (loss) carried forward +€1,158
up €1,158 (+4.9%), from -€23,611 to -€22,453
- Other debts -€791
down €791 (-5.2%), from €15,335 to €14,544
- Trade debts +€495
up €495 (+77.7%), from €636 to €1,131
- Gross operating margin +€2,159
up €2,159, from -€260 to €1,899
- Depreciation +€168
new in 2025: €168
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 | €10,952 | €11,814 | +€862 | +7.9% |
| Fixed assets | 21/28 | €560 | €2,045 | +€1,485 | +265.3% |
| Tangible fixed assets | 22/27 | - | €1,485 | +€1,485 | |
| Plant, machinery and equipment | 23 | - | €1,485 | +€1,485 | |
| Financial fixed assets | 28 | €560 | €560 | = | 0.0% |
| Current assets | 29/58 | €10,393 | €9,769 | -€624 | -6.0% |
| Stocks and contracts in progress | 3 | €5,563 | €5,563 | = | 0.0% |
| Stocks | 30/36 | €5,563 | €5,563 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €3,475 | €3,299 | -€175 | -5.0% |
| Trade receivables | 40 | €3,192 | €3,227 | +€35 | +1.1% |
| Other amounts receivable | 41 | €283 | €73 | -€210 | -74.3% |
| Cash at bank and in hand | 54/58 | €1,355 | €906 | -€449 | -33.1% |
| Total equity and liabilities | 10/49 | €10,952 | €11,814 | +€862 | +7.9% |
| Equity | 10/15 | -€5,019 | -€3,861 | +€1,158 | +23.1% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€23,611 | -€22,453 | +€1,158 | +4.9% |
| Amounts payable | 17/49 | €15,971 | €15,675 | -€296 | -1.9% |
| Amounts payable within one year | 42/48 | €15,971 | €15,675 | -€296 | -1.9% |
| Trade debts | 44 | €636 | €1,131 | +€495 | +77.7% |
| Suppliers | 440/4 | €636 | €1,131 | +€495 | +77.7% |
| Other amounts payable | 47/48 | €15,335 | €14,544 | -€791 | -5.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €168 | +€168 | |
| Other operating charges | 640/8 | €505 | €520 | +€14 | +2.8% |
| Gross operating margin | 9900 | -€260 | €1,899 | +€2,159 | |
| Operating profit (loss) | 9901 | -€765 | €1,212 | +€1,977 | |
| Financial charges | 65/66B | €55 | €54 | -€1 | -1.7% |
| Recurring financial charges | 65 | €55 | €54 | -€1 | -1.7% |
| Profit (loss) for the period before taxes | 9903 | -€820 | €1,158 | +€1,978 | |
| Profit (loss) for the period | 9904 | -€820 | €1,158 | +€1,978 | |
| Profit (loss) for the period to be appropriated | 9905 | -€820 | €1,158 | +€1,978 |
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.