BECOVET: 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.
BECOVET
Largest movements
- Receivables within one year +€24,960
up €24,960 (+61.2%), from €40,812 to €65,772
of which Trade receivables: +€27,160
- Cash +€11,629
up €11,629 (+331.3%), from €3,510 to €15,140
mainly Net result for the year (+€64,947) and Other debts (+€19,009)
- Current investments +€6,868
up €6,868 (+5.4%), from €126,846 to €133,714
- Tangible fixed assets -€5,478
down €5,478 (-55.6%), from €9,860 to €4,382
- Profit (loss) carried forward +€54,947
up €54,947 (+181.6%), from €30,257 to €85,203
- Reserves -€50,000
down €50,000 (-50.0%), from €100,000 to €50,000
- Other debts +€19,009
up €19,009 (+54.7%), from €34,777 to €53,786
- Tax, wage and social debts +€13,895
up €13,895 (+290.6%), from €4,781 to €18,676
- Gross operating margin +€9,808
up €9,808 (+11.5%), from €85,611 to €95,419
- Taxes +€6,762
up €6,762 (+41.0%), from €16,493 to €23,255
- Financial income +€2,166
up €2,166 (+98.0%), from €2,211 to €4,378
- Financial charges +€1,156
up €1,156 (+31.0%), from €3,726 to €4,883
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 | €182,008 | €219,008 | +€37,000 | +20.3% |
| Fixed assets | 21/28 | €9,860 | €4,382 | -€5,478 | -55.6% |
| Tangible fixed assets | 22/27 | €9,860 | €4,382 | -€5,478 | -55.6% |
| Furniture and vehicles | 24 | €9,860 | €4,382 | -€5,478 | -55.6% |
| Current assets | 29/58 | €172,148 | €214,626 | +€42,478 | +24.7% |
| Amounts receivable within one year | 40/41 | €40,812 | €65,772 | +€24,960 | +61.2% |
| Trade receivables | 40 | €38,612 | €65,772 | +€27,160 | +70.3% |
| Other amounts receivable | 41 | €2,200 | - | -€2,200 | |
| Current investments | 50/53 | €126,846 | €133,714 | +€6,868 | +5.4% |
| Cash at bank and in hand | 54/58 | €3,510 | €15,140 | +€11,629 | +331.3% |
| Deferred charges and accrued income | 490/1 | €980 | - | -€980 | |
| Total equity and liabilities | 10/49 | €182,008 | €219,008 | +€37,000 | +20.3% |
| Equity | 10/15 | €135,257 | €140,203 | +€4,947 | +3.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €100,000 | €50,000 | -€50,000 | -50.0% |
| Distributable reserves | 133 | €100,000 | €50,000 | -€50,000 | -50.0% |
| Profit (loss) carried forward | 14 | €30,257 | €85,203 | +€54,947 | +181.6% |
| Amounts payable | 17/49 | €46,751 | €78,805 | +€32,054 | +68.6% |
| Amounts payable within one year | 42/48 | €43,229 | €75,904 | +€32,675 | +75.6% |
| Trade debts | 44 | €3,671 | €3,443 | -€228 | -6.2% |
| Suppliers | 440/4 | €3,671 | €3,443 | -€228 | -6.2% |
| Taxes, remuneration and social security | 45 | €4,781 | €18,676 | +€13,895 | +290.6% |
| Taxes | 450/3 | €4,781 | €18,676 | +€13,895 | +290.6% |
| Other amounts payable | 47/48 | €34,777 | €53,786 | +€19,009 | +54.7% |
| Accrued charges and deferred income | 492/3 | €3,522 | €2,901 | -€622 | -17.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,478 | €5,478 | = | 0.0% |
| Other operating charges | 640/8 | €1,370 | €1,235 | -€135 | -9.9% |
| Gross operating margin | 9900 | €85,611 | €95,419 | +€9,808 | +11.5% |
| Operating profit (loss) | 9901 | €78,763 | €88,707 | +€9,943 | +12.6% |
| Financial income | 75/76B | €2,211 | €4,378 | +€2,166 | +98.0% |
| Recurring financial income | 75 | €2,211 | €4,378 | +€2,166 | +98.0% |
| Financial charges | 65/66B | €3,726 | €4,883 | +€1,156 | +31.0% |
| Recurring financial charges | 65 | €3,726 | €4,883 | +€1,156 | +31.0% |
| Profit (loss) for the period before taxes | 9903 | €77,249 | €88,202 | +€10,953 | +14.2% |
| Income taxes | 67/77 | €16,493 | €23,255 | +€6,762 | +41.0% |
| Profit (loss) for the period | 9904 | €60,756 | €64,947 | +€4,191 | +6.9% |
| Profit (loss) for the period to be appropriated | 9905 | €60,756 | €64,947 | +€4,191 | +6.9% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.