BECOREM: 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
BECOREM
NACE 70.200, Business and other management consultancy
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€14,243
2024 · €13,375+€868
Equity
€407,025
2024 · €392,782+€14,243
Cash
€28,153
2024 · €12,490+€15,663
Balance sheet total
€1.1m
2024 · €1.1m-€4,597
Largest movements
Assets
- Tangible fixed assets -€63,342
down €63,342 (-6.5%), from €975,050 to €911,708
of which Land and buildings: -€74,367
- Receivables within one year +€35,828
up €35,828 (+52.1%), from €68,744 to €104,572
- Cash +€15,663
up €15,663 (+125.4%), from €12,490 to €28,153
mainly Depreciation (+€80,619) and Net result for the year (+€14,243)
Equity and liabilities
- Reserves +€14,243
up €14,243 (+3.7%), from €380,382 to €394,625
of which Distributable reserves: +€29,355
- Debts after one year -€12,910
down €12,910 (-2.2%), from €593,699 to €580,789
Income statement
- Financial income +€5,232
up €5,232 (+1213.4%), from €431 to €5,663
- Gross operating margin -€2,275
down €2,275 (-1.6%), from €140,126 to €137,851
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
€13,375
Gross operating margin
-€2,275
Depreciation
-€389
Other operating charges
+€531
Other operating items
-€2,149
Financial income
+€5,232
Financial charges
+€743
Taxes
-€824
Result 2025
€14,243
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
+€55,282
Investment
-€23,277
Financing
-€16,343
Cash 2024
€12,490
From operations (derived)
+€55,282
Net result for the year
+€14,243
Depreciation
+€80,619
Receivables within one year
-€35,828
Deferred charges and accrued income
-€1,254
Provisions
-€3,778
Trade debts
-€3,697
Tax, wage and social debts
+€2,124
Advances received
+€2,862
Accrued charges and deferred income
-€8
Investment (derived)
-€23,277
Investment in fixed assets (net)
-€17,277
Current investments
-€6,000
Financing
-€16,343
Debts after one year
-€12,910
Current portion of long-term debt
-€3,427
Short-term financial debts
-€5
Cash 2025
€28,153
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,065,049 | €1,060,452 | -€4,597 | -0.4% |
| Fixed assets | 21/28 | €975,050 | €911,708 | -€63,342 | -6.5% |
| Tangible fixed assets | 22/27 | €975,050 | €911,708 | -€63,342 | -6.5% |
| Land and buildings | 22 | €943,416 | €869,049 | -€74,367 | -7.9% |
| Plant, machinery and equipment | 23 | €22,468 | €35,095 | +€12,627 | +56.2% |
| Furniture and vehicles | 24 | €9,166 | €7,564 | -€1,602 | -17.5% |
| Current assets | 29/58 | €89,999 | €148,744 | +€58,746 | +65.3% |
| Amounts receivable within one year | 40/41 | €68,744 | €104,572 | +€35,828 | +52.1% |
| Other amounts receivable | 41 | €68,744 | €104,572 | +€35,828 | +52.1% |
| Current investments | 50/53 | €6,698 | €12,698 | +€6,000 | +89.6% |
| Cash at bank and in hand | 54/58 | €12,490 | €28,153 | +€15,663 | +125.4% |
| Deferred charges and accrued income | 490/1 | €2,067 | €3,322 | +€1,254 | +60.7% |
| Total equity and liabilities | 10/49 | €1,065,049 | €1,060,452 | -€4,597 | -0.4% |
| Equity | 10/15 | €392,782 | €407,025 | +€14,243 | +3.6% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Contributions outside capital | 11 | €12,400 | - | -€12,400 | |
| Other | 1109/19 | €12,400 | - | -€12,400 | |
| Reserves | 13 | €380,382 | €394,625 | +€14,243 | +3.7% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €141,713 | €126,601 | -€15,112 | -10.7% |
| Distributable reserves | 133 | €236,809 | €266,164 | +€29,355 | +12.4% |
| Provisions and deferred taxes | 16 | €35,428 | €31,650 | -€3,778 | -10.7% |
| Deferred taxes | 168 | €35,428 | €31,650 | -€3,778 | -10.7% |
| Amounts payable | 17/49 | €636,839 | €621,777 | -€15,062 | -2.4% |
| Amounts payable after more than one year | 17 | €593,699 | €580,789 | -€12,910 | -2.2% |
| Financial debts | 170/4 | €593,699 | €580,789 | -€12,910 | -2.2% |
| Amounts payable within one year | 42/48 | €43,129 | €40,985 | -€2,144 | -5.0% |
| Current portion of amounts payable after more than one year | 42 | €16,337 | €12,910 | -€3,427 | -21.0% |
| Financial debts | 43 | €5 | - | -€5 | |
| Credit institutions | 430/8 | €5 | - | -€5 | |
| Trade debts | 44 | €11,033 | €7,336 | -€3,697 | -33.5% |
| Suppliers | 440/4 | €11,033 | €7,336 | -€3,697 | -33.5% |
| Advances received on contracts in progress | 46 | - | €2,862 | +€2,862 | |
| Taxes, remuneration and social security | 45 | €15,753 | €17,877 | +€2,124 | +13.5% |
| Taxes | 450/3 | €15,753 | €17,877 | +€2,124 | +13.5% |
| Accrued charges and deferred income | 492/3 | €11 | €3 | -€8 | -70.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €80,230 | €80,619 | +€389 | +0.5% |
| Other operating charges | 640/8 | €15,414 | €14,883 | -€531 | -3.4% |
| Non-recurring operating charges | 66A | - | €2,149 | +€2,149 | |
| Gross operating margin | 9900 | €140,126 | €137,851 | -€2,275 | -1.6% |
| Operating profit (loss) | 9901 | €44,482 | €40,200 | -€4,282 | -9.6% |
| Financial income | 75/76B | €431 | €5,663 | +€5,232 | +1213.4% |
| Recurring financial income | 75 | €431 | €5,663 | +€5,232 | +1213.4% |
| Financial charges | 65/66B | €21,888 | €21,145 | -€743 | -3.4% |
| Recurring financial charges | 65 | €21,888 | €21,145 | -€743 | -3.4% |
| Profit (loss) for the period before taxes | 9903 | €23,025 | €24,718 | +€1,693 | +7.4% |
| Transfer from deferred taxes | 780 | €3,778 | €3,778 | = | 0.0% |
| Income taxes | 67/77 | €13,428 | €14,253 | +€824 | +6.1% |
| Profit (loss) for the period | 9904 | €13,375 | €14,243 | +€868 | +6.5% |
| Transfer from tax-exempt reserves | 789 | €15,112 | €15,112 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €28,487 | €29,355 | +€868 | +3.0% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.