BECO MANAGEMENT: 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 MANAGEMENT
Largest movements
- Tangible fixed assets -€19,796
down €19,796 (-16.7%), from €118,605 to €98,810
of which Other tangible fixed assets: -€13,318
- Receivables within one year -€10,430
down €10,430 (-16.0%), from €65,190 to €54,761
of which Trade receivables: -€10,537
- Cash -€3,661
down €3,661 (-86.4%), from €4,234 to €574
mainly Debts after one year (-€14,699) and Net result for the year (-€10,324)
- Debts after one year -€14,699
down €14,699 (-12.9%), from €113,616 to €98,917
- Profit (loss) carried forward -€10,324
down €10,324 (-123%), from -€8,423 to -€18,746
- Trade debts -€9,945
down €9,945 (-20.0%), from €49,698 to €39,754
- Gross operating margin +€18,559
up €18,559 (+150%), from €12,410 to €30,969
- Staff costs +€18,193
up €18,193 (+219%), from €8,301 to €26,494
- Financial income +€6,150
up €6,150 (+119%), from €5,188 to €11,338
- Other operating charges -€2,318
down €2,318 (-71.9%), from €3,225 to €907
- Financial charges +€1,795
up €1,795 (+49.2%), from €3,652 to €5,447
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €284,161 | €250,264 | -€33,897 | -11.9% |
| Fixed assets | 21/28 | €118,855 | €99,060 | -€19,796 | -16.7% |
| Tangible fixed assets | 22/27 | €118,605 | €98,810 | -€19,796 | -16.7% |
| Land and buildings | 22 | €77,725 | €71,247 | -€6,477 | -8.3% |
| Other tangible fixed assets | 26 | €40,881 | €27,562 | -€13,318 | -32.6% |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €165,306 | €151,204 | -€14,102 | -8.5% |
| Amounts receivable after more than one year | 29 | €93,000 | €95,325 | +€2,325 | +2.5% |
| Other amounts receivable | 291 | €93,000 | €95,325 | +€2,325 | +2.5% |
| Amounts receivable within one year | 40/41 | €65,190 | €54,761 | -€10,430 | -16.0% |
| Trade receivables | 40 | €60,380 | €49,843 | -€10,537 | -17.5% |
| Other amounts receivable | 41 | €4,810 | €4,917 | +€107 | +2.2% |
| Current investments | 50/53 | €0 | €0 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €4,234 | €574 | -€3,661 | -86.4% |
| Deferred charges and accrued income | 490/1 | €2,881 | €545 | -€2,337 | -81.1% |
| Total equity and liabilities | 10/49 | €284,161 | €250,264 | -€33,897 | -11.9% |
| Equity | 10/15 | €12,037 | €1,714 | -€10,324 | -85.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€8,423 | -€18,746 | -€10,324 | -123% |
| Amounts payable | 17/49 | €272,124 | €248,551 | -€23,573 | -8.7% |
| Amounts payable after more than one year | 17 | €113,616 | €98,917 | -€14,699 | -12.9% |
| Financial debts | 170/4 | €113,616 | €98,917 | -€14,699 | -12.9% |
| Amounts payable within one year | 42/48 | €158,482 | €149,633 | -€8,848 | -5.6% |
| Current portion of amounts payable after more than one year | 42 | €14,405 | €14,699 | +€294 | +2.0% |
| Financial debts | 43 | - | €952 | +€952 | |
| Credit institutions | 430/8 | - | €952 | +€952 | |
| Trade debts | 44 | €49,698 | €39,754 | -€9,945 | -20.0% |
| Suppliers | 440/4 | €49,698 | €39,754 | -€9,945 | -20.0% |
| Advances received on contracts in progress | 46 | €75,000 | €75,000 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €19,305 | €17,105 | -€2,200 | -11.4% |
| Taxes | 450/3 | €15,126 | €2,119 | -€13,007 | -86.0% |
| Remuneration and social security | 454/9 | €4,180 | €14,986 | +€10,807 | +259% |
| Other amounts payable | 47/48 | €73 | €2,123 | +€2,050 | +2,809% |
| Accrued charges and deferred income | 492/3 | €26 | €0 | -€26 | -100% |
| Remuneration, social security and pensions | 62 | €8,301 | €26,494 | +€18,193 | +219% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,542 | €19,796 | +€254 | +1.3% |
| Other operating charges | 640/8 | €3,225 | €907 | -€2,318 | -71.9% |
| Gross operating margin | 9900 | €12,410 | €30,969 | +€18,559 | +150% |
| Operating profit (loss) | 9901 | -€18,657 | -€16,228 | +€2,430 | +13.0% |
| Financial income | 75/76B | €5,188 | €11,338 | +€6,150 | +119% |
| Recurring financial income | 75 | €5,188 | €11,338 | +€6,150 | +119% |
| Financial charges | 65/66B | €3,652 | €5,447 | +€1,795 | +49.2% |
| Recurring financial charges | 65 | €3,652 | €5,447 | +€1,795 | +49.2% |
| Profit (loss) for the period before taxes | 9903 | -€17,121 | -€10,337 | +€6,784 | +39.6% |
| Income taxes | 67/77 | €172 | -€13 | -€185 | |
| Profit (loss) for the period | 9904 | -€17,293 | -€10,324 | +€6,969 | +40.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€17,293 | -€10,324 | +€6,969 | +40.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.