BECOV: 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
BECOV
NACE 47.721, Retail sale of footwear
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€69,948
2024 · €4.5m-€4.4m
Equity
€632,866
2024 · €627,919+€4,948
Cash
€38,465
2024 · €36,781+€1,684
Balance sheet total
€1.7m
2024 · €5.7m-€4.1m
Largest movements
Assets
- Receivables after one year -€4.1m
down €4.1m (-79.3%), from €5.2m to €1.1m
Equity and liabilities
- Other debts -€4.4m
down €4.4m (-98.6%), from €4.5m to €65,000
- Debts after one year +€388,458
up €388,458 (+101.3%), from €383,512 to €771,969
Income statement
- Financial income -€4.5m
down €4.5m (-98.7%), from €4.5m to €61,179
- Financial charges -€39,437
down €39,437 (-67.6%), from €58,337 to €18,900
- Gross operating margin +€5,039
up €5,039 (+19.5%), from €25,861 to €30,900
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
€4.5m
Gross operating margin
+€5,039
Other operating charges
-€184
Financial income
-€4.5m
Financial charges
+€39,437
Taxes
+€24
Result 2025
€69,948
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
-€321,774
Investment
€0
Financing
+€323,458
Cash 2024
€36,781
From operations (derived)
-€321,774
Net result for the year
+€69,948
Receivables after one year
+€4.1m
Receivables within one year
-€31,879
Deferred charges and accrued income
-€22,852
Trade debts
+€17,705
Tax, wage and social debts
-€49,381
Other debts
-€4.4m
Accrued charges and deferred income
+€16,495
Financing
+€323,458
Debts after one year
+€388,458
Contributions, distributions and other
-€65,000
Cash 2025
€38,465
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,713,252 | €1,656,476 | -€4.1m | -71.0% |
| Fixed assets | 21/28 | €369,493 | €369,493 | = | 0.0% |
| Financial fixed assets | 28 | €369,493 | €369,493 | = | 0.0% |
| Current assets | 29/58 | €5,343,760 | €1,286,984 | -€4.1m | -75.9% |
| Amounts receivable after more than one year | 29 | €5,189,815 | €1,076,624 | -€4.1m | -79.3% |
| Other amounts receivable | 291 | €5,189,815 | €1,076,624 | -€4.1m | -79.3% |
| Amounts receivable within one year | 40/41 | €0 | €31,879 | +€31,879 | |
| Trade receivables | 40 | €0 | €31,879 | +€31,879 | |
| Current investments | 50/53 | €100,000 | €100,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €36,781 | €38,465 | +€1,684 | +4.6% |
| Deferred charges and accrued income | 490/1 | €17,164 | €40,016 | +€22,852 | +133.1% |
| Total equity and liabilities | 10/49 | €5,713,252 | €1,656,476 | -€4.1m | -71.0% |
| Equity | 10/15 | €627,919 | €632,866 | +€4,948 | +0.8% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €6,200 | €6,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €559,719 | €564,666 | +€4,948 | +0.9% |
| Amounts payable | 17/49 | €5,085,334 | €1,023,610 | -€4.1m | -79.9% |
| Amounts payable after more than one year | 17 | €383,512 | €771,969 | +€388,458 | +101.3% |
| Other amounts payable | 178/9 | €383,512 | €771,969 | +€388,458 | +101.3% |
| Amounts payable within one year | 42/48 | €4,682,808 | €216,132 | -€4.5m | -95.4% |
| Trade debts | 44 | €54,939 | €72,644 | +€17,705 | +32.2% |
| Suppliers | 440/4 | €54,939 | €72,644 | +€17,705 | +32.2% |
| Taxes, remuneration and social security | 45 | €127,869 | €78,488 | -€49,381 | -38.6% |
| Taxes | 450/3 | €127,869 | €78,488 | -€49,381 | -38.6% |
| Other amounts payable | 47/48 | €4,500,000 | €65,000 | -€4.4m | -98.6% |
| Accrued charges and deferred income | 492/3 | €19,014 | €35,509 | +€16,495 | +86.8% |
| Other operating charges | 640/8 | €1,174 | €1,358 | +€184 | +15.7% |
| Gross operating margin | 9900 | €25,861 | €30,900 | +€5,039 | +19.5% |
| Operating profit (loss) | 9901 | €24,687 | €29,542 | +€4,856 | +19.7% |
| Financial income | 75/76B | €4,540,763 | €61,179 | -€4.5m | -98.7% |
| Recurring financial income | 75 | €4,540,763 | €61,179 | -€4.5m | -98.7% |
| Financial charges | 65/66B | €58,337 | €18,900 | -€39,437 | -67.6% |
| Recurring financial charges | 65 | €58,337 | €18,900 | -€39,437 | -67.6% |
| Profit (loss) for the period before taxes | 9903 | €4,507,113 | €71,821 | -€4.4m | -98.4% |
| Income taxes | 67/77 | €1,897 | €1,873 | -€24 | -1.3% |
| Profit (loss) for the period | 9904 | €4,505,216 | €69,948 | -€4.4m | -98.4% |
| Profit (loss) for the period to be appropriated | 9905 | €4,505,216 | €69,948 | -€4.4m | -98.4% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.