BECOVA: 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.
BECOVA
Largest movements
- Cash -€17,811
down €17,811 (-18.0%), from €99,114 to €81,303
mainly Net result for the year (-€22,843) and Receivables within one year (-€314)
- Tangible fixed assets -€3,519
down €3,519 (-3.8%), from €93,330 to €89,811
of which Plant, machinery and equipment: -€3,519
- Profit (loss) carried forward -€22,843
down €22,843 (-721.0%), from -€3,168 to -€26,011
- Gross operating margin -€19,639
down €19,639, from €9,156 to -€10,483
- Depreciation -€15,592
down €15,592 (-81.6%), from €19,111 to €3,519
- Financial charges -€221
down €221 (-56.7%), from €390 to €169
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 | €194,261 | €171,428 | -€22,833 | -11.8% |
| Fixed assets | 21/28 | €93,330 | €89,811 | -€3,519 | -3.8% |
| Tangible fixed assets | 22/27 | €93,330 | €89,811 | -€3,519 | -3.8% |
| Land and buildings | 22 | €77,855 | €77,855 | = | 0.0% |
| Plant, machinery and equipment | 23 | €15,475 | €11,956 | -€3,519 | -22.7% |
| Current assets | 29/58 | €100,931 | €81,617 | -€19,314 | -19.1% |
| Amounts receivable within one year | 40/41 | - | €314 | +€314 | |
| Trade receivables | 40 | - | €314 | +€314 | |
| Cash at bank and in hand | 54/58 | €99,114 | €81,303 | -€17,811 | -18.0% |
| Deferred charges and accrued income | 490/1 | €1,817 | - | -€1,817 | |
| Total equity and liabilities | 10/49 | €194,261 | €171,428 | -€22,833 | -11.8% |
| Equity | 10/15 | €193,484 | €170,641 | -€22,843 | -11.8% |
| Contributions | 10/11 | €8,057 | €8,057 | = | 0.0% |
| Reserves | 13 | €188,596 | €188,596 | = | 0.0% |
| Tax-exempt reserves | 132 | €188,596 | €188,596 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,168 | -€26,011 | -€22,843 | -721.0% |
| Amounts payable | 17/49 | €777 | €787 | +€10 | +1.3% |
| Amounts payable within one year | 42/48 | €777 | €787 | +€10 | +1.3% |
| Trade debts | 44 | €314 | €324 | +€10 | +3.2% |
| Suppliers | 440/4 | €314 | €324 | +€10 | +3.2% |
| Other amounts payable | 47/48 | €463 | €463 | = | 0.0% |
| Non-recurring operating income | 76A | €4,639 | - | -€4,639 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,111 | €3,519 | -€15,592 | -81.6% |
| Other operating charges | 640/8 | €8,777 | €8,672 | -€105 | -1.2% |
| Gross operating margin | 9900 | €9,156 | -€10,483 | -€19,639 | |
| Operating profit (loss) | 9901 | -€18,732 | -€22,674 | -€3,943 | -21.0% |
| Financial charges | 65/66B | €390 | €169 | -€221 | -56.7% |
| Recurring financial charges | 65 | €390 | €169 | -€221 | -56.7% |
| Profit (loss) for the period before taxes | 9903 | -€19,122 | -€22,843 | -€3,721 | -19.5% |
| Profit (loss) for the period | 9904 | -€19,122 | -€22,843 | -€3,721 | -19.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€19,122 | -€22,843 | -€3,721 | -19.5% |
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 5 October 2026 via checked.be.