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
- Cash +€13,032
up €13,032 (+22.7%), from €57,476 to €70,508
mainly Deferred charges and accrued income (+€12,513) and Depreciation (+€6,380)
- Deferred charges and accrued income -€12,513
down €12,513 (-77.2%), from €16,211 to €3,698
- Tangible fixed assets -€6,380
down €6,380 (-32.8%), from €19,437 to €13,057
- Debts after one year -€5,786
down €5,786 (-35.3%), from €16,391 to €10,606
- Trade debts +€1,938
up €1,938 (+88.2%), from €2,197 to €4,135
- Other debts -€1,449
down €1,449 (-10.3%), from €14,121 to €12,672
- Tax, wage and social debts -€1,164
down €1,164 (-17.5%), from €6,666 to €5,501
- Gross operating margin -€1,242
down €1,242 (-7.7%), from €16,158 to €14,915
- Financial income +€725
up €725 (+259.9%), from €279 to €1,003
- Other operating charges +€699
up €699 (+89.0%), from €785 to €1,484
- Taxes -€256
down €256 (-15.5%), from €1,654 to €1,398
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 | €105,318 | €99,102 | -€6,216 | -5.9% |
| Fixed assets | 21/28 | €19,437 | €13,057 | -€6,380 | -32.8% |
| Tangible fixed assets | 22/27 | €19,437 | €13,057 | -€6,380 | -32.8% |
| Land and buildings | 22 | €19,437 | €13,057 | -€6,380 | -32.8% |
| Current assets | 29/58 | €85,881 | €86,045 | +€164 | +0.2% |
| Amounts receivable within one year | 40/41 | €12,194 | €11,840 | -€355 | -2.9% |
| Trade receivables | 40 | €12,165 | €10,751 | -€1,414 | -11.6% |
| Other amounts receivable | 41 | €30 | €1,089 | +€1,059 | +3589.8% |
| Cash at bank and in hand | 54/58 | €57,476 | €70,508 | +€13,032 | +22.7% |
| Deferred charges and accrued income | 490/1 | €16,211 | €3,698 | -€12,513 | -77.2% |
| Total equity and liabilities | 10/49 | €105,318 | €99,102 | -€6,216 | -5.9% |
| Equity | 10/15 | €60,158 | €60,403 | +€245 | +0.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €53,958 | €54,203 | +€245 | +0.5% |
| Distributable reserves | 133 | €53,958 | €54,203 | +€245 | +0.5% |
| Amounts payable | 17/49 | €45,160 | €38,700 | -€6,461 | -14.3% |
| Amounts payable after more than one year | 17 | €16,391 | €10,606 | -€5,786 | -35.3% |
| Financial debts | 170/4 | €16,391 | €10,606 | -€5,786 | -35.3% |
| Amounts payable within one year | 42/48 | €28,769 | €28,094 | -€675 | -2.3% |
| Current portion of amounts payable after more than one year | 42 | €5,786 | €5,786 | = | 0.0% |
| Trade debts | 44 | €2,197 | €4,135 | +€1,938 | +88.2% |
| Suppliers | 440/4 | €2,197 | €4,135 | +€1,938 | +88.2% |
| Taxes, remuneration and social security | 45 | €6,666 | €5,501 | -€1,164 | -17.5% |
| Taxes | 450/3 | €6,666 | €5,501 | -€1,164 | -17.5% |
| Other amounts payable | 47/48 | €14,121 | €12,672 | -€1,449 | -10.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,380 | €6,380 | = | 0.0% |
| Other operating charges | 640/8 | €785 | €1,484 | +€699 | +89.0% |
| Gross operating margin | 9900 | €16,158 | €14,915 | -€1,242 | -7.7% |
| Operating profit (loss) | 9901 | €8,993 | €7,051 | -€1,941 | -21.6% |
| Financial income | 75/76B | €279 | €1,003 | +€725 | +259.9% |
| Recurring financial income | 75 | €279 | €1,003 | +€725 | +259.9% |
| Financial charges | 65/66B | €6,263 | €6,412 | +€149 | +2.4% |
| Recurring financial charges | 65 | €6,263 | €6,412 | +€149 | +2.4% |
| Profit (loss) for the period before taxes | 9903 | €3,009 | €1,643 | -€1,366 | -45.4% |
| Income taxes | 67/77 | €1,654 | €1,398 | -€256 | -15.5% |
| Profit (loss) for the period | 9904 | €1,355 | €245 | -€1,110 | -81.9% |
| Profit (loss) for the period to be appropriated | 9905 | €1,355 | €245 | -€1,110 | -81.9% |
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 8 October 2026 via checked.be.