BECO TECHNICS: 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 TECHNICS
Largest movements
- Receivables within one year +€202,430
up €202,430 (+30.9%), from €655,593 to €858,023
of which Trade receivables: +€162,352
- Cash -€117,185
down €117,185 (-29.3%), from €399,274 to €282,089
mainly Receivables within one year (-€202,430) and Investment in fixed assets (net) (-€194,054)
- Tangible fixed assets +€104,478
up €104,478 (+41.4%), from €252,253 to €356,731
of which Furniture and vehicles: +€81,855
- Current investments +€24,000
up €24,000 (+56.7%), from €42,363 to €66,363
- Receivables after one year -€20,140
down €20,140 (-43.4%), from €46,401 to €26,261
- Tax, wage and social debts +€55,805
up €55,805 (+137%), from €40,594 to €96,399
of which Taxes: +€46,166
- Reserves +€47,087
up €47,087 (+3.8%), from €1.2m to €1.3m
of which Distributable reserves: +€47,087
- Trade debts +€40,252
up €40,252 (+97.3%), from €41,384 to €81,636
- Debts after one year +€39,727
up €39,727 (+45.6%), from €87,116 to €126,843
- Accrued charges and deferred income +€17,184
up €17,184 (+28.7%), from €59,857 to €77,041
- Gross operating margin +€176,494
up €176,494 (+35.7%), from €493,968 to €670,462
- Staff costs +€128,350
up €128,350 (+59.5%), from €215,857 to €344,208
- Depreciation +€46,012
up €46,012 (+130%), from €35,467 to €81,479
- Other operating charges +€6,956
up €6,956 (+143%), from €4,868 to €11,824
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 | €1,500,409 | €1,701,250 | +€200,841 | +13.4% |
| Fixed assets | 21/28 | €252,303 | €364,877 | +€112,574 | +44.6% |
| Intangible fixed assets | 21 | - | €8,096 | +€8,096 | |
| Tangible fixed assets | 22/27 | €252,253 | €356,731 | +€104,478 | +41.4% |
| Land and buildings | 22 | €135,785 | €138,563 | +€2,778 | +2.0% |
| Plant, machinery and equipment | 23 | €34,742 | €54,587 | +€19,845 | +57.1% |
| Furniture and vehicles | 24 | €81,725 | €163,580 | +€81,855 | +100% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €1,248,106 | €1,336,373 | +€88,267 | +7.1% |
| Amounts receivable after more than one year | 29 | €46,401 | €26,261 | -€20,140 | -43.4% |
| Other amounts receivable | 291 | €46,401 | €26,261 | -€20,140 | -43.4% |
| Amounts receivable within one year | 40/41 | €655,593 | €858,023 | +€202,430 | +30.9% |
| Trade receivables | 40 | €479,985 | €642,338 | +€162,352 | +33.8% |
| Other amounts receivable | 41 | €175,608 | €215,686 | +€40,078 | +22.8% |
| Current investments | 50/53 | €42,363 | €66,363 | +€24,000 | +56.7% |
| Cash at bank and in hand | 54/58 | €399,274 | €282,089 | -€117,185 | -29.3% |
| Deferred charges and accrued income | 490/1 | €104,476 | €103,636 | -€839 | -0.8% |
| Total equity and liabilities | 10/49 | €1,500,409 | €1,701,250 | +€200,841 | +13.4% |
| Equity | 10/15 | €1,250,631 | €1,298,502 | +€47,871 | +3.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | - | -€18,600 | |
| Other | 1109/19 | €18,600 | - | -€18,600 | |
| Reserves | 13 | €1,232,031 | €1,279,118 | +€47,087 | +3.8% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,230,171 | €1,277,258 | +€47,087 | +3.8% |
| Profit (loss) carried forward | 14 | - | €784 | +€784 | |
| Amounts payable | 17/49 | €249,778 | €402,748 | +€152,970 | +61.2% |
| Amounts payable after more than one year | 17 | €87,116 | €126,843 | +€39,727 | +45.6% |
| Financial debts | 170/4 | €87,116 | €126,843 | +€39,727 | +45.6% |
| Amounts payable within one year | 42/48 | €102,805 | €198,865 | +€96,059 | +93.4% |
| Current portion of amounts payable after more than one year | 42 | €12,602 | €19,073 | +€6,470 | +51.3% |
| Trade debts | 44 | €41,384 | €81,636 | +€40,252 | +97.3% |
| Suppliers | 440/4 | €41,384 | €81,636 | +€40,252 | +97.3% |
| Taxes, remuneration and social security | 45 | €40,594 | €96,399 | +€55,805 | +137% |
| Taxes | 450/3 | €10,766 | €56,931 | +€46,166 | +429% |
| Remuneration and social security | 454/9 | €29,828 | €39,467 | +€9,639 | +32.3% |
| Other amounts payable | 47/48 | €8,226 | €1,757 | -€6,468 | -78.6% |
| Accrued charges and deferred income | 492/3 | €59,857 | €77,041 | +€17,184 | +28.7% |
| Remuneration, social security and pensions | 62 | €215,857 | €344,208 | +€128,350 | +59.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,467 | €81,479 | +€46,012 | +130% |
| Other operating charges | 640/8 | €4,868 | €11,824 | +€6,956 | +143% |
| Gross operating margin | 9900 | €493,968 | €670,462 | +€176,494 | +35.7% |
| Operating profit (loss) | 9901 | €237,775 | €232,951 | -€4,824 | -2.0% |
| Financial income | 75/76B | €41 | €70 | +€29 | +71.0% |
| Recurring financial income | 75 | €41 | €70 | +€29 | +71.0% |
| Financial charges | 65/66B | €3,612 | €9,708 | +€6,096 | +169% |
| Recurring financial charges | 65 | €3,612 | €9,708 | +€6,096 | +169% |
| Profit (loss) for the period before taxes | 9903 | €234,205 | €223,313 | -€10,892 | -4.7% |
| Income taxes | 67/77 | €60,000 | €61,281 | +€1,281 | +2.1% |
| Profit (loss) for the period | 9904 | €174,205 | €162,032 | -€12,173 | -7.0% |
| Profit (loss) for the period to be appropriated | 9905 | €174,205 | €162,032 | -€12,173 | -7.0% |
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 16 October 2026 via checked.be.