BECO TEAM: 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 TEAM
Largest movements
- Deferred charges and accrued income -€70,387
down €70,387 (-97.7%), from €72,075 to €1,689
- Receivables within one year -€43,184
down €43,184 (-22.6%), from €191,091 to €147,907
of which Trade receivables: -€47,772
- Tangible fixed assets -€7,525
down €7,525 (-97.4%), from €7,725 to €201
- Trade debts -€46,818
down €46,818 (-31.9%), from €146,912 to €100,094
- Profit (loss) carried forward -€29,130
down €29,130 (-42.0%), from €69,324 to €40,195
- Short-term financial debts -€28,454
down €28,454 (-60.5%), from €47,063 to €18,609
- Current portion of long-term debt -€11,337
no longer reported in 2025 (was €11,337)
- Advances received -€8,462
no longer reported in 2025 (was €8,462)
- Gross operating margin -€117,037
down €117,037, from €107,122 to -€9,915
- Financial charges -€72,149
down €72,149 (-87.9%), from €82,116 to €9,967
- Write-downs -€8,600
down €8,600 (-55.1%), from €15,600 to €7,000
- Depreciation -€8,582
down €8,582 (-96.6%), from €8,885 to €302
- Taxes +€1,284
new in 2025: €1,284
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 | €304,852 | €182,830 | -€122,022 | -40.0% |
| Fixed assets | 21/28 | €16,685 | €9,161 | -€7,525 | -45.1% |
| Tangible fixed assets | 22/27 | €7,725 | €201 | -€7,525 | -97.4% |
| Furniture and vehicles | 24 | €7,725 | €201 | -€7,525 | -97.4% |
| Financial fixed assets | 28 | €8,960 | €8,960 | = | 0.0% |
| Current assets | 29/58 | €288,167 | €173,669 | -€114,497 | -39.7% |
| Stocks and contracts in progress | 3 | €25,000 | €23,900 | -€1,100 | -4.4% |
| Stocks | 30/36 | €25,000 | €23,900 | -€1,100 | -4.4% |
| Amounts receivable within one year | 40/41 | €191,091 | €147,907 | -€43,184 | -22.6% |
| Trade receivables | 40 | €182,091 | €134,319 | -€47,772 | -26.2% |
| Other amounts receivable | 41 | €9,000 | €13,588 | +€4,588 | +51.0% |
| Cash at bank and in hand | 54/58 | - | €173 | +€173 | |
| Deferred charges and accrued income | 490/1 | €72,075 | €1,689 | -€70,387 | -97.7% |
| Total equity and liabilities | 10/49 | €304,852 | €182,830 | -€122,022 | -40.0% |
| Equity | 10/15 | €77,384 | €48,255 | -€29,130 | -37.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 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 | €69,324 | €40,195 | -€29,130 | -42.0% |
| Amounts payable | 17/49 | €227,468 | €134,575 | -€92,893 | -40.8% |
| Amounts payable within one year | 42/48 | €227,468 | €134,575 | -€92,893 | -40.8% |
| Current portion of amounts payable after more than one year | 42 | €11,337 | - | -€11,337 | |
| Financial debts | 43 | €47,063 | €18,609 | -€28,454 | -60.5% |
| Credit institutions | 430/8 | €47,063 | €18,609 | -€28,454 | -60.5% |
| Trade debts | 44 | €146,912 | €100,094 | -€46,818 | -31.9% |
| Suppliers | 440/4 | €146,912 | €100,094 | -€46,818 | -31.9% |
| Advances received on contracts in progress | 46 | €8,462 | - | -€8,462 | |
| Taxes, remuneration and social security | 45 | €13,693 | €15,872 | +€2,179 | +15.9% |
| Taxes | 450/3 | €13,693 | €15,872 | +€2,179 | +15.9% |
| Non-recurring operating income | 76A | - | €5,174 | +€5,174 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,885 | €302 | -€8,582 | -96.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €15,600 | €7,000 | -€8,600 | -55.1% |
| Other operating charges | 640/8 | €813 | €1,389 | +€576 | +70.9% |
| Gross operating margin | 9900 | €107,122 | -€9,915 | -€117,037 | |
| Operating profit (loss) | 9901 | €81,824 | -€18,606 | -€100,430 | |
| Financial income | 75/76B | €610 | €727 | +€117 | +19.2% |
| Recurring financial income | 75 | €610 | €727 | +€117 | +19.2% |
| Financial charges | 65/66B | €82,116 | €9,967 | -€72,149 | -87.9% |
| Recurring financial charges | 65 | €82,116 | €9,967 | -€72,149 | -87.9% |
| Profit (loss) for the period before taxes | 9903 | €318 | -€27,846 | -€28,164 | |
| Income taxes | 67/77 | - | €1,284 | +€1,284 | |
| Profit (loss) for the period | 9904 | €318 | -€29,130 | -€29,448 | |
| Profit (loss) for the period to be appropriated | 9905 | €318 | -€29,130 | -€29,448 |
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 12 October 2026 via checked.be.