BECOMA: 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.
BECOMA
Largest movements
- Stocks and contracts -€1.1m
down €1.1m (-51.0%), from €2.1m to €1.0m
- Cash -€167,904
down €167,904 (-86.7%), from €193,761 to €25,856
mainly Short-term financial debts (-€666,693) and Trade debts (-€655,789)
- Receivables within one year +€127,235
up €127,235 (+21.9%), from €581,578 to €708,813
of which Trade receivables: +€173,034
- Tangible fixed assets -€107,276
down €107,276 (-3.7%), from €2.9m to €2.8m
of which Furniture and vehicles: -€102,730
- Short-term financial debts -€666,693
down €666,693 (-50.6%), from €1.3m to €650,000
- Trade debts -€655,789
down €655,789 (-54.7%), from €1.2m to €542,256
- Reserves +€350,000
up €350,000 (+124.3%), from €281,602 to €631,602
- Debts after one year -€311,209
down €311,209 (-37.7%), from €824,879 to €513,670
- Tax, wage and social debts +€236,153
up €236,153 (+191.2%), from €123,510 to €359,663
of which Taxes: +€221,693
- Gross operating margin +€826,818
up €826,818 (+58.4%), from €1.4m to €2.2m
- Staff costs +€147,085
up €147,085 (+16.7%), from €880,501 to €1.0m
- Taxes +€90,681
up €90,681 (+17190.6%), from €528 to €91,208
- Financial charges -€56,140
down €56,140 (-28.7%), from €195,805 to €139,665
of which Financial charges: -€56,140
- Depreciation +€45,808
up €45,808 (+9.1%), from €500,686 to €546,494
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 | €5,775,410 | €4,565,930 | -€1.2m | -20.9% |
| Fixed assets | 21/28 | €2,901,258 | €2,793,866 | -€107,392 | -3.7% |
| Intangible fixed assets | 21 | €444 | €328 | -€116 | -26.1% |
| Tangible fixed assets | 22/27 | €2,900,814 | €2,793,538 | -€107,276 | -3.7% |
| Land and buildings | 22 | €1,874 | €1,233 | -€641 | -34.2% |
| Plant, machinery and equipment | 23 | €45,662 | €30,927 | -€14,735 | -32.3% |
| Furniture and vehicles | 24 | €2,593,625 | €2,490,895 | -€102,730 | -4.0% |
| Leasing and similar rights | 25 | €239,975 | €177,634 | -€62,342 | -26.0% |
| Other tangible fixed assets | 26 | €19,677 | €92,849 | +€73,172 | +371.9% |
| Current assets | 29/58 | €2,874,152 | €1,772,063 | -€1.1m | -38.3% |
| Stocks and contracts in progress | 3 | €2,098,812 | €1,027,894 | -€1.1m | -51.0% |
| Stocks | 30/36 | €2,098,812 | €1,027,894 | -€1.1m | -51.0% |
| Amounts receivable within one year | 40/41 | €581,578 | €708,813 | +€127,235 | +21.9% |
| Trade receivables | 40 | €528,582 | €701,616 | +€173,034 | +32.7% |
| Other amounts receivable | 41 | €52,996 | €7,197 | -€45,799 | -86.4% |
| Cash at bank and in hand | 54/58 | €193,761 | €25,856 | -€167,904 | -86.7% |
| Deferred charges and accrued income | 490/1 | €0 | €9,500 | +€9,500 | |
| Total equity and liabilities | 10/49 | €5,775,410 | €4,565,930 | -€1.2m | -20.9% |
| Equity | 10/15 | €1,660,430 | €2,023,691 | +€363,261 | +21.9% |
| Contributions | 10/11 | €300,000 | €300,000 | = | 0.0% |
| Reserves | 13 | €281,602 | €631,602 | +€350,000 | +124.3% |
| Distributable reserves | 133 | €281,602 | €631,602 | +€350,000 | +124.3% |
| Profit (loss) carried forward | 14 | €1,078,829 | €1,092,090 | +€13,261 | +1.2% |
| Amounts payable | 17/49 | €4,114,980 | €2,542,239 | -€1.6m | -38.2% |
| Amounts payable after more than one year | 17 | €824,879 | €513,670 | -€311,209 | -37.7% |
| Financial debts | 170/4 | €824,879 | €513,670 | -€311,209 | -37.7% |
| Amounts payable within one year | 42/48 | €3,290,100 | €2,016,065 | -€1.3m | -38.7% |
| Current portion of amounts payable after more than one year | 42 | €463,109 | €314,146 | -€148,963 | -32.2% |
| Financial debts | 43 | €1,316,693 | €650,000 | -€666,693 | -50.6% |
| Credit institutions | 430/8 | €1,316,693 | €650,000 | -€666,693 | -50.6% |
| Trade debts | 44 | €1,198,045 | €542,256 | -€655,789 | -54.7% |
| Suppliers | 440/4 | €1,198,045 | €542,256 | -€655,789 | -54.7% |
| Taxes, remuneration and social security | 45 | €123,510 | €359,663 | +€236,153 | +191.2% |
| Taxes | 450/3 | €42,181 | €263,875 | +€221,693 | +525.6% |
| Remuneration and social security | 454/9 | €81,328 | €95,788 | +€14,460 | +17.8% |
| Other amounts payable | 47/48 | €188,744 | €150,000 | -€38,744 | -20.5% |
| Accrued charges and deferred income | 492/3 | - | €12,504 | +€12,504 | |
| Remuneration, social security and pensions | 62 | €880,501 | €1,027,586 | +€147,085 | +16.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €500,686 | €546,494 | +€45,808 | +9.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | -€480 | -€480 | |
| Other operating charges | 640/8 | €39,262 | €76,595 | +€37,333 | +95.1% |
| Gross operating margin | 9900 | €1,415,667 | €2,242,485 | +€826,818 | +58.4% |
| Operating profit (loss) | 9901 | -€4,782 | €592,290 | +€597,072 | |
| Financial income | 75/76B | €6,547 | €1,844 | -€4,703 | -71.8% |
| Recurring financial income | 75 | €6,547 | €1,844 | -€4,703 | -71.8% |
| Financial charges | 65/66B | €195,805 | €139,665 | -€56,140 | -28.7% |
| Recurring financial charges | 65 | €195,805 | €139,665 | -€56,140 | -28.7% |
| Non-recurring financial charges | 66B | €0 | - | = | |
| Profit (loss) for the period before taxes | 9903 | -€194,040 | €454,469 | +€648,509 | |
| Income taxes | 67/77 | €528 | €91,208 | +€90,681 | +17190.6% |
| Profit (loss) for the period | 9904 | -€194,567 | €363,261 | +€557,828 | |
| Profit (loss) for the period to be appropriated | 9905 | -€194,567 | €363,261 | +€557,828 |
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.