BECOFLEX: what changed
Two fiscal 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
BECOFLEX
NACE 22.260, Manufacture of rubber and plastic products
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€2.2m
2024 · €2.2m-€14,181
Equity
€6.8m
2024 · €4.5m+€2.2m
Cash
€2.8m
2024 · €2.6m+€197,500
Balance sheet total
€14.6m
2024 · €12.2m+€2.4m
Largest movements
Assets
- Receivables within one year +€1.6m
up €1.6m (+103.0%), from €1.5m to €3.1m
of which Trade receivables: +€1.6m
- Stocks and contracts -€1.0m
down €1.0m (-27.0%), from €3.9m to €2.8m
- Tangible fixed assets +€790,862
up €790,862 (+60.8%), from €1.3m to €2.1m
of which Other tangible fixed assets: +€613,021
- Financial fixed assets +€367,044
up €367,044 (+21.2%), from €1.7m to €2.1m
of which Affiliated companies: +€361,699
- Intangible fixed assets +€344,133
up €344,133 (+46.5%), from €740,327 to €1.1m
Equity and liabilities
- Profit (loss) carried forward +€2.2m
up €2.2m (+52.0%), from €4.3m to €6.5m
- Debts after one year -€1.1m
down €1.1m (-33.0%), from €3.5m to €2.3m
of which Other amounts payable: -€1.1m
- Advances received +€1.1m
up €1.1m (+125.9%), from €901,199 to €2.0m
- Tax, wage and social debts +€348,717
up €348,717 (+71.5%), from €487,843 to €836,560
of which Taxes: +€236,841
- Current portion of long-term debt -€170,630
down €170,630 (-81.0%), from €210,666 to €40,036
Income statement
- Turnover +€2.8m
up €2.8m (+13.3%), from €20.8m to €23.6m
- Staff costs +€1.5m
up €1.5m (+30.8%), from €5.0m to €6.5m
- Services and other goods +€636,536
up €636,536 (+18.8%), from €3.4m to €4.0m
- Goods and materials +€306,452
up €306,452 (+3.1%), from €9.8m to €10.1m
of which Change in stocks: decrease (increase): +€674,552
- Depreciation +€246,620
up €246,620 (+39.8%), from €619,278 to €865,898
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
€2.2m
Turnover
+€2.8m
Other operating income
+€35,655
Goods and materials
-€306,452
Services and other goods
-€636,536
Staff costs
-€1.5m
Depreciation
-€246,620
Provisions
+€50,000
Other operating charges
+€8,984
Other operating items
+€147,845
Financial income
-€1,124
Financial charges
-€63,098
Taxes
-€245,671
Result 2025
€2.2m
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
+€3.9m
Investment
-€2.4m
Financing
-€1.3m
Cash 2024
€2.6m
From operations (derived)
+€3.9m
Net result for the year
+€2.2m
Depreciation
+€865,898
Stocks and contracts
+€1.0m
Receivables within one year
-€1.6m
Deferred charges and accrued income
-€163,992
Trade debts
+€13,381
Tax, wage and social debts
+€348,717
Advances received
+€1.1m
Other debts
+€200
Investment (derived)
-€2.4m
Investment in fixed assets (net)
-€2.4m
Financing
-€1.3m
Debts after one year
-€1.1m
Current portion of long-term debt
-€170,630
Cash 2025
€2.8m
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €12,166,749 | €14,563,860 | +€2.4m | +19.7% |
| Fixed assets | 21/28 | €3,772,598 | €5,274,637 | +€1.5m | +39.8% |
| Intangible fixed assets | 21 | €740,327 | €1,084,460 | +€344,133 | +46.5% |
| Tangible fixed assets | 22/27 | €1,300,292 | €2,091,154 | +€790,862 | +60.8% |
| Plant, machinery and equipment | 23 | €54,876 | €94,542 | +€39,667 | +72.3% |
| Furniture and vehicles | 24 | €476,316 | €614,740 | +€138,424 | +29.1% |
| Leasing and similar rights | 25 | €249 | €0 | -€249 | -100.0% |
| Other tangible fixed assets | 26 | €768,851 | €1,381,873 | +€613,021 | +79.7% |
| Financial fixed assets | 28 | €1,731,979 | €2,099,023 | +€367,044 | +21.2% |
| Affiliated companies | 280/1 | €1,719,698 | €2,081,396 | +€361,699 | +21.0% |
| Participating interests | 280 | €100,000 | €100,000 | = | 0.0% |
| Amounts receivable | 281 | €1,619,698 | €1,981,396 | +€361,699 | +22.3% |
| Other financial fixed assets | 284/8 | €12,281 | €17,627 | +€5,346 | +43.5% |
| Amounts receivable and cash guarantees | 285/8 | €12,281 | €17,627 | +€5,346 | +43.5% |
| Current assets | 29/58 | €8,394,152 | €9,289,223 | +€895,071 | +10.7% |
| Stocks and contracts in progress | 3 | €3,872,630 | €2,825,481 | -€1.0m | -27.0% |
| Stocks | 30/36 | €3,872,630 | €2,825,481 | -€1.0m | -27.0% |
| Raw materials and consumables | 30/31 | €3,821,727 | €2,680,683 | -€1.1m | -29.9% |
| Finished goods | 33 | €50,904 | €144,799 | +€93,895 | +184.5% |
| Amounts receivable within one year | 40/41 | €1,534,071 | €3,114,799 | +€1.6m | +103.0% |
| Trade receivables | 40 | €1,307,701 | €2,927,553 | +€1.6m | +123.9% |
| Other amounts receivable | 41 | €226,370 | €187,247 | -€39,123 | -17.3% |
| Cash at bank and in hand | 54/58 | €2,647,124 | €2,844,624 | +€197,500 | +7.5% |
| Deferred charges and accrued income | 490/1 | €340,327 | €504,318 | +€163,992 | +48.2% |
| Total equity and liabilities | 10/49 | €12,166,749 | €14,563,860 | +€2.4m | +19.7% |
| Equity | 10/15 | €4,547,953 | €6,768,420 | +€2.2m | +48.8% |
| Contributions | 10/11 | €250,000 | €250,000 | = | 0.0% |
| Capital | 10 | €250,000 | €250,000 | = | 0.0% |
| Issued capital | 100 | €250,000 | €250,000 | = | 0.0% |
| Reserves | 13 | €25,000 | €25,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €25,000 | €25,000 | = | 0.0% |
| Legal reserve | 130 | €25,000 | €25,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,272,953 | €6,493,420 | +€2.2m | +52.0% |
| Provisions and deferred taxes | 16 | €50,000 | €50,000 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €50,000 | €50,000 | = | 0.0% |
| Other liabilities and charges | 164/5 | €50,000 | €50,000 | = | 0.0% |
| Amounts payable | 17/49 | €7,568,796 | €7,745,440 | +€176,644 | +2.3% |
| Amounts payable after more than one year | 17 | €3,483,069 | €2,333,797 | -€1.1m | -33.0% |
| Financial debts | 170/4 | €143,833 | €103,797 | -€40,036 | -27.8% |
| Leasing and similar obligations | 172 | €0 | - | = | |
| Credit institutions | 173 | €143,833 | €103,797 | -€40,036 | -27.8% |
| Other amounts payable | 178/9 | €3,339,236 | €2,230,000 | -€1.1m | -33.2% |
| Amounts payable within one year | 42/48 | €4,085,727 | €5,411,643 | +€1.3m | +32.5% |
| Current portion of amounts payable after more than one year | 42 | €210,666 | €40,036 | -€170,630 | -81.0% |
| Trade debts | 44 | €2,486,018 | €2,499,399 | +€13,381 | +0.5% |
| Suppliers | 440/4 | €2,486,018 | €2,499,399 | +€13,381 | +0.5% |
| Advances received on contracts in progress | 46 | €901,199 | €2,035,447 | +€1.1m | +125.9% |
| Taxes, remuneration and social security | 45 | €487,843 | €836,560 | +€348,717 | +71.5% |
| Taxes | 450/3 | €54,020 | €290,860 | +€236,841 | +438.4% |
| Remuneration and social security | 454/9 | €433,824 | €545,700 | +€111,876 | +25.8% |
| Other amounts payable | 47/48 | - | €200 | +€200 | |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Operating income | 70/76A | €21,513,092 | €24,432,347 | +€2.9m | +13.6% |
| Turnover | 70 | €20,833,603 | €23,609,129 | +€2.8m | +13.3% |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | -€11,525 | €93,895 | +€105,420 | |
| Other operating income | 74 | €687,592 | €723,247 | +€35,655 | +5.2% |
| Non-recurring operating income | 76A | €3,421 | €6,076 | +€2,655 | +77.6% |
| Operating charges | 60/66A | €19,050,944 | €21,674,488 | +€2.6m | +13.8% |
| Goods for resale, raw materials and consumables | 60 | €9,804,226 | €10,110,679 | +€306,452 | +3.1% |
| Purchases | 600/8 | €9,337,735 | €8,969,635 | -€368,100 | -3.9% |
| Change in stocks: decrease (increase) | 609 | €466,492 | €1,141,044 | +€674,552 | +144.6% |
| Services and other goods | 61 | €3,380,475 | €4,017,011 | +€636,536 | +18.8% |
| Remuneration, social security and pensions | 62 | €4,978,522 | €6,511,210 | +€1.5m | +30.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €619,278 | €865,898 | +€246,620 | +39.8% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €50,000 | €0 | -€50,000 | -100.0% |
| Other operating charges | 640/8 | €35,700 | €26,716 | -€8,984 | -25.2% |
| Non-recurring operating charges | 66A | €182,744 | €142,974 | -€39,769 | -21.8% |
| Operating profit (loss) | 9901 | €2,462,147 | €2,757,859 | +€295,712 | +12.0% |
| Financial income | 75/76B | €4,041 | €2,917 | -€1,124 | -27.8% |
| Recurring financial income | 75 | €4,041 | €2,917 | -€1,124 | -27.8% |
| Other financial income | 752/9 | €4,041 | €2,917 | -€1,124 | -27.8% |
| Financial charges | 65/66B | €197,579 | €260,678 | +€63,098 | +31.9% |
| Recurring financial charges | 65 | €197,579 | €260,678 | +€63,098 | +31.9% |
| Debt charges | 650 | €36,214 | €54,712 | +€18,498 | +51.1% |
| Other financial charges | 652/9 | €161,365 | €205,966 | +€44,601 | +27.6% |
| Profit (loss) for the period before taxes | 9903 | €2,268,609 | €2,500,099 | +€231,490 | +10.2% |
| Income taxes | 67/77 | €33,961 | €279,632 | +€245,671 | +723.4% |
| Taxes | 670/3 | €33,961 | €279,632 | +€245,671 | +723.4% |
| Profit (loss) for the period | 9904 | €2,234,648 | €2,220,467 | -€14,181 | -0.6% |
| Profit (loss) for the period to be appropriated | 9905 | €2,234,648 | €2,220,467 | -€14,181 | -0.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.