bECO2: 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.
What changed
bECO2
NACE 20.110, Manufacture of chemicals and chemical products
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€0
2024 · €0
Equity
€49,660
2024 · €49,660
Cash
€654,100
2024 · €470,561+€183,539
Balance sheet total
€9.2m
2024 · €9.7m-€572,146
Largest movements
Assets
- Tangible fixed assets -€468,192
down €468,192 (-36.8%), from €1.3m to €802,713
of which Plant, machinery and equipment: -€457,494
- Receivables after one year -€280,892
down €280,892 (-5.3%), from €5.3m to €5.0m
- Cash +€183,539
up €183,539 (+39.0%), from €470,561 to €654,100
mainly Depreciation (+€716,231) and Trade debts (+€715,083)
Equity and liabilities
- Debts after one year -€1.2m
down €1.2m (-15.2%), from €7.8m to €6.6m
- Trade debts +€715,083
up €715,083 (+137.5%), from €520,151 to €1.2m
Income statement
- Other operating income -€1.0m
down €1.0m (-21.1%), from €4.9m to €3.9m
- Depreciation -€699,776
down €699,776 (-49.4%), from €1.4m to €716,231
- Staff costs -€257,351
down €257,351 (-74.6%), from €344,778 to €87,427
- Goods and materials -€162,810
down €162,810 (-3.9%), from €4.2m to €4.0m
of which Purchases: -€174,310
- Services and other goods +€146,248
up €146,248 (+9.9%), from €1.5m to €1.6m
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.
Result 2024
€0
Turnover
+€62,180
Other operating income
-€1.0m
Goods and materials
+€162,810
Services and other goods
-€146,248
Staff costs
+€257,351
Depreciation
+€699,776
Other operating charges
+€1,181
Financial charges
+€175
Taxes
-€536
Result 2025
€0
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.
From operations
+€1.6m
Investment
-€248,039
Financing
-€1.2m
Cash 2024
€470,561
From operations (derived)
+€1.6m
Depreciation
+€716,231
Receivables after one year
+€280,892
Stocks and contracts
+€1,190
Receivables within one year
-€77,105
Deferred charges and accrued income
+€82,516
Trade debts
+€715,083
Tax, wage and social debts
-€34,645
Advances received
-€60,009
Investment (derived)
-€248,039
Investment in fixed assets (net)
-€248,039
Financing
-€1.2m
Debts after one year
-€1.2m
Cash 2025
€654,100
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €9,727,176 | €9,155,030 | -€572,146 | -5.9% |
| Fixed assets | 21/28 | €1,301,655 | €833,463 | -€468,192 | -36.0% |
| Tangible fixed assets | 22/27 | €1,270,905 | €802,713 | -€468,192 | -36.8% |
| Land and buildings | 22 | €16,647 | €4,962 | -€11,685 | -70.2% |
| Plant, machinery and equipment | 23 | €1,253,799 | €796,305 | -€457,494 | -36.5% |
| Furniture and vehicles | 24 | €459 | €1,446 | +€987 | +215.0% |
| Assets under construction and advance payments | 27 | €0 | - | = | |
| Financial fixed assets | 28 | €30,750 | €30,750 | = | 0.0% |
| Affiliated companies | 280/1 | €30,750 | €30,750 | = | 0.0% |
| Participating interests | 280 | €30,750 | €30,750 | = | 0.0% |
| Current assets | 29/58 | €8,425,521 | €8,321,567 | -€103,954 | -1.2% |
| Amounts receivable after more than one year | 29 | €5,328,106 | €5,047,214 | -€280,892 | -5.3% |
| Trade receivables | 290 | €5,328,106 | €5,047,214 | -€280,892 | -5.3% |
| Stocks and contracts in progress | 3 | €60,689 | €59,499 | -€1,190 | -2.0% |
| Stocks | 30/36 | €60,689 | €59,499 | -€1,190 | -2.0% |
| Goods purchased for resale | 34 | €60,689 | €59,499 | -€1,190 | -2.0% |
| Amounts receivable within one year | 40/41 | €2,483,514 | €2,560,619 | +€77,105 | +3.1% |
| Trade receivables | 40 | €2,481,407 | €1,635,848 | -€845,559 | -34.1% |
| Other amounts receivable | 41 | €2,107 | €924,771 | +€922,664 | +43790.4% |
| Cash at bank and in hand | 54/58 | €470,561 | €654,100 | +€183,539 | +39.0% |
| Deferred charges and accrued income | 490/1 | €82,651 | €135 | -€82,516 | -99.8% |
| Total equity and liabilities | 10/49 | €9,727,176 | €9,155,030 | -€572,146 | -5.9% |
| Equity | 10/15 | €49,660 | €49,660 | = | 0.0% |
| Contributions | 10/11 | €50,750 | €50,750 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,090 | -€1,090 | = | 0.0% |
| Provisions and deferred taxes | 16 | €0 | - | = | |
| Provisions for liabilities and charges | 160/5 | €0 | - | = | |
| Other liabilities and charges | 164/5 | €0 | - | = | |
| Amounts payable | 17/49 | €9,677,516 | €9,105,370 | -€572,146 | -5.9% |
| Amounts payable after more than one year | 17 | €7,821,776 | €6,629,201 | -€1.2m | -15.2% |
| Advances received on contracts in progress | 176 | €7,821,776 | €6,629,201 | -€1.2m | -15.2% |
| Amounts payable within one year | 42/48 | €1,855,740 | €2,476,169 | +€620,429 | +33.4% |
| Trade debts | 44 | €520,151 | €1,235,234 | +€715,083 | +137.5% |
| Suppliers | 440/4 | €520,151 | €1,235,234 | +€715,083 | +137.5% |
| Advances received on contracts in progress | 46 | €1,145,299 | €1,085,290 | -€60,009 | -5.2% |
| Taxes, remuneration and social security | 45 | €190,290 | €155,645 | -€34,645 | -18.2% |
| Taxes | 450/3 | €35,990 | €148,405 | +€112,415 | +312.4% |
| Remuneration and social security | 454/9 | €154,300 | €7,240 | -€147,060 | -95.3% |
| Operating income | 70/76A | €7,590,992 | €6,616,483 | -€974,509 | -12.8% |
| Turnover | 70 | €2,686,122 | €2,748,302 | +€62,180 | +2.3% |
| Other operating income | 74 | €4,904,870 | €3,868,181 | -€1.0m | -21.1% |
| Operating charges | 60/66A | €7,589,651 | €6,614,781 | -€974,870 | -12.8% |
| Goods for resale, raw materials and consumables | 60 | €4,192,699 | €4,029,889 | -€162,810 | -3.9% |
| Purchases | 600/8 | €4,203,009 | €4,028,699 | -€174,310 | -4.1% |
| Change in stocks: decrease (increase) | 609 | -€10,310 | €1,190 | +€11,500 | |
| Services and other goods | 61 | €1,476,256 | €1,622,504 | +€146,248 | +9.9% |
| Remuneration, social security and pensions | 62 | €344,778 | €87,427 | -€257,351 | -74.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,416,007 | €716,231 | -€699,776 | -49.4% |
| Other operating charges | 640/8 | €159,911 | €158,730 | -€1,181 | -0.7% |
| Operating profit (loss) | 9901 | €1,341 | €1,702 | +€361 | +26.9% |
| Financial charges | 65/66B | €175 | €0 | -€175 | -100.0% |
| Recurring financial charges | 65 | €175 | €0 | -€175 | -100.0% |
| Other financial charges | 652/9 | €175 | €0 | -€175 | -100.0% |
| Profit (loss) for the period before taxes | 9903 | €1,166 | €1,702 | +€536 | +46.0% |
| Income taxes | 67/77 | €1,166 | €1,702 | +€536 | +46.0% |
| Taxes | 670/3 | €1,166 | €1,702 | +€536 | +46.0% |
| Profit (loss) for the period | 9904 | €0 | €0 | = | |
| Profit (loss) for the period to be appropriated | 9905 | €0 | €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 10 October 2026 via checked.be.