BECO d'ARDENNES: what changed
BECO d'ARDENNES
Largest movements
- Tangible fixed assets -€48,725
down €48,725 (-13.1%), from €373,006 to €324,281
of which Land and buildings: -€47,531
- Receivables within one year +€12,718
up €12,718 (+6.0%), from €210,606 to €223,324
- Profit (loss) carried forward -€25,676
down €25,676 (-4.4%), from -€585,496 to -€611,172
- Trade debts -€10,163
down €10,163 (-34.0%), from €29,933 to €19,770
- Purchases and services +€6,920
up €6,920 (+55.6%), from €12,451 to €19,371
- Gross operating margin -€5,145
down €5,145 (-10.9%), from €47,237 to €42,092
- Turnover +€1,775
up €1,775 (+3.0%), from €59,688 to €61,463
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €584,967 | €549,128 | -€35,839 | -6.1% |
| Fixed assets | 21/28 | €373,006 | €324,281 | -€48,725 | -13.1% |
| Tangible fixed assets | 22/27 | €373,006 | €324,281 | -€48,725 | -13.1% |
| Land and buildings | 22 | €371,812 | €324,281 | -€47,531 | -12.8% |
| Plant, machinery and equipment | 23 | €1,194 | - | -€1,194 | |
| Current assets | 29/58 | €211,961 | €224,847 | +€12,886 | +6.1% |
| Amounts receivable within one year | 40/41 | €210,606 | €223,324 | +€12,718 | +6.0% |
| Other amounts receivable | 41 | €210,606 | €223,324 | +€12,718 | +6.0% |
| Cash at bank and in hand | 54/58 | €1,355 | €1,523 | +€168 | +12.4% |
| Total equity and liabilities | 10/49 | €584,967 | €549,128 | -€35,839 | -6.1% |
| Equity | 10/15 | -€508,173 | -€533,849 | -€25,676 | -5.1% |
| Contributions | 10/11 | €75,000 | €75,000 | = | 0.0% |
| Capital | 10 | €75,000 | €75,000 | = | 0.0% |
| Issued capital | 100 | €75,000 | €75,000 | = | 0.0% |
| Reserves | 13 | €2,323 | €2,323 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,323 | €2,323 | = | 0.0% |
| Legal reserve | 130 | €2,323 | €2,323 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€585,496 | -€611,172 | -€25,676 | -4.4% |
| Amounts payable | 17/49 | €1,093,140 | €1,082,977 | -€10,163 | -0.9% |
| Amounts payable within one year | 42/48 | €1,093,140 | €1,082,977 | -€10,163 | -0.9% |
| Trade debts | 44 | €29,933 | €19,770 | -€10,163 | -34.0% |
| Suppliers | 440/4 | €29,933 | €19,770 | -€10,163 | -34.0% |
| Other amounts payable | 47/48 | €1,063,207 | €1,063,207 | = | 0.0% |
| Turnover | 70 | €59,688 | €61,463 | +€1,775 | +3.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €12,451 | €19,371 | +€6,920 | +55.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €48,834 | €48,725 | -€109 | -0.2% |
| Other operating charges | 640/8 | €18,187 | €18,536 | +€349 | +1.9% |
| Gross operating margin | 9900 | €47,237 | €42,092 | -€5,145 | -10.9% |
| Operating profit (loss) | 9901 | -€19,784 | -€25,169 | -€5,385 | -27.2% |
| Financial charges | 65/66B | €296 | €507 | +€211 | +71.3% |
| Recurring financial charges | 65 | €296 | €507 | +€211 | +71.3% |
| Profit (loss) for the period before taxes | 9903 | -€20,080 | -€25,676 | -€5,596 | -27.9% |
| Profit (loss) for the period | 9904 | -€20,080 | -€25,676 | -€5,596 | -27.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€20,080 | -€25,676 | -€5,596 | -27.9% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.