BECO BEHEER: what changed
Two financial 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 BEHEER
Largest movements
- Current investments +€53,974
new in 2025: €53,974
- Cash -€33,453
down €33,453 (-32.2%), from €103,861 to €70,408
mainly Contributions, distributions and other (-€100,000) and Current investments (-€53,974)
- Receivables within one year +€28,795
up €28,795 (+201%), from €14,310 to €43,105
of which Other amounts receivable: +€27,922
- Tangible fixed assets -€25,621
down €25,621 (-3.5%), from €731,602 to €705,981
- Other debts +€110,130
up €110,130 (+918%), from €12,000 to €122,130
- Profit (loss) carried forward -€63,306
down €63,306 (-13.8%), from €459,780 to €396,474
- Debts after one year -€28,453
down €28,453 (-38.4%), from €74,067 to €45,614
- Depreciation +€10,288
up €10,288 (+67.1%), from €15,333 to €25,621
- Gross operating margin -€8,819
down €8,819 (-9.0%), from €98,000 to €89,181
- Taxes -€4,685
down €4,685 (-27.7%), from €16,917 to €12,231
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.
Derived cash bridge
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 | €849,773 | €873,468 | +€23,696 | +2.8% |
| Fixed assets | 21/28 | €731,602 | €705,981 | -€25,621 | -3.5% |
| Tangible fixed assets | 22/27 | €731,602 | €705,981 | -€25,621 | -3.5% |
| Land and buildings | 22 | €731,602 | €705,981 | -€25,621 | -3.5% |
| Current assets | 29/58 | €118,170 | €167,487 | +€49,316 | +41.7% |
| Amounts receivable within one year | 40/41 | €14,310 | €43,105 | +€28,795 | +201% |
| Trade receivables | 40 | €26 | €899 | +€873 | +3,304% |
| Other amounts receivable | 41 | €14,283 | €42,206 | +€27,922 | +195% |
| Current investments | 50/53 | - | €53,974 | +€53,974 | |
| Cash at bank and in hand | 54/58 | €103,861 | €70,408 | -€33,453 | -32.2% |
| Total equity and liabilities | 10/49 | €849,773 | €873,468 | +€23,696 | +2.8% |
| Equity | 10/15 | €717,260 | €653,955 | -€63,306 | -8.8% |
| Contributions | 10/11 | €63,005 | €63,005 | = | 0.0% |
| Revaluation surpluses | 12 | €33,003 | €33,003 | = | 0.0% |
| Reserves | 13 | €161,473 | €161,473 | = | 0.0% |
| Tax-exempt reserves | 132 | €3,917 | €3,917 | = | 0.0% |
| Distributable reserves | 133 | €157,555 | €157,555 | = | 0.0% |
| Profit (loss) carried forward | 14 | €459,780 | €396,474 | -€63,306 | -13.8% |
| Amounts payable | 17/49 | €132,512 | €219,514 | +€87,002 | +65.7% |
| Amounts payable after more than one year | 17 | €74,067 | €45,614 | -€28,453 | -38.4% |
| Financial debts | 170/4 | €74,067 | €45,614 | -€28,453 | -38.4% |
| Amounts payable within one year | 42/48 | €47,245 | €164,809 | +€117,564 | +249% |
| Current portion of amounts payable after more than one year | 42 | €28,180 | €28,453 | +€273 | +1.0% |
| Trade debts | 44 | €1,722 | €9,758 | +€8,036 | +467% |
| Suppliers | 440/4 | €1,722 | €9,758 | +€8,036 | +467% |
| Taxes, remuneration and social security | 45 | €5,343 | €4,469 | -€874 | -16.4% |
| Taxes | 450/3 | €5,343 | €4,469 | -€874 | -16.4% |
| Other amounts payable | 47/48 | €12,000 | €122,130 | +€110,130 | +918% |
| Accrued charges and deferred income | 492/3 | €11,200 | €9,090 | -€2,110 | -18.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,333 | €25,621 | +€10,288 | +67.1% |
| Other operating charges | 640/8 | €13,380 | €13,801 | +€420 | +3.1% |
| Gross operating margin | 9900 | €98,000 | €89,181 | -€8,819 | -9.0% |
| Operating profit (loss) | 9901 | €69,286 | €49,760 | -€19,526 | -28.2% |
| Financial income | 75/76B | - | €255 | +€255 | |
| Recurring financial income | 75 | - | €255 | +€255 | |
| Financial charges | 65/66B | €1,387 | €1,089 | -€298 | -21.5% |
| Recurring financial charges | 65 | €1,387 | €1,089 | -€298 | -21.5% |
| Profit (loss) for the period before taxes | 9903 | €67,899 | €48,926 | -€18,974 | -27.9% |
| Income taxes | 67/77 | €16,917 | €12,231 | -€4,685 | -27.7% |
| Profit (loss) for the period | 9904 | €50,983 | €36,694 | -€14,288 | -28.0% |
| Profit (loss) for the period to be appropriated | 9905 | €50,983 | €36,694 | -€14,288 | -28.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.