BECUE PROJECTS: 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.
BECUE PROJECTS
Largest movements
- Receivables within one year -€24,786
down €24,786 (-9.6%), from €257,508 to €232,722
of which Other amounts receivable: -€24,755
- Cash -€13,860
down €13,860 (-97.5%), from €14,223 to €362
mainly Trade debts (-€32,923) and Deferred charges and accrued income (-€6,108)
- Deferred charges and accrued income +€6,108
up €6,108 (+79.5%), from €7,681 to €13,789
- Trade debts -€32,923
down €32,923 (-57.3%), from €57,506 to €24,583
- Gross operating margin +€11,570
up €11,570 (+46.2%), from -€25,064 to -€13,494
- Financial income +€6,194
up €6,194 (+80.2%), from €7,724 to €13,918
of which Financial income: +€6,194
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 | €280,904 | €247,546 | -€33,358 | -11.9% |
| Fixed assets | 21/28 | €1,492 | €672 | -€819 | -54.9% |
| Tangible fixed assets | 22/27 | €1,492 | €672 | -€819 | -54.9% |
| Land and buildings | 22 | €1,492 | €672 | -€819 | -54.9% |
| Current assets | 29/58 | €279,412 | €246,874 | -€32,539 | -11.6% |
| Amounts receivable within one year | 40/41 | €257,508 | €232,722 | -€24,786 | -9.6% |
| Trade receivables | 40 | €31 | €0 | -€31 | -100.0% |
| Other amounts receivable | 41 | €257,477 | €232,722 | -€24,755 | -9.6% |
| Cash at bank and in hand | 54/58 | €14,223 | €362 | -€13,860 | -97.5% |
| Deferred charges and accrued income | 490/1 | €7,681 | €13,789 | +€6,108 | +79.5% |
| Total equity and liabilities | 10/49 | €280,904 | €247,546 | -€33,358 | -11.9% |
| Equity | 10/15 | €184,109 | €183,675 | -€435 | -0.2% |
| Contributions | 10/11 | €24,789 | €24,789 | = | 0.0% |
| Reserves | 13 | €159,320 | €158,885 | -€435 | -0.3% |
| Tax-exempt reserves | 132 | €5,330 | €5,330 | = | 0.0% |
| Distributable reserves | 133 | €153,990 | €153,556 | -€435 | -0.3% |
| Amounts payable | 17/49 | €96,795 | €63,871 | -€32,923 | -34.0% |
| Amounts payable within one year | 42/48 | €96,795 | €63,871 | -€32,923 | -34.0% |
| Trade debts | 44 | €57,506 | €24,583 | -€32,923 | -57.3% |
| Suppliers | 440/4 | €57,506 | €24,583 | -€32,923 | -57.3% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other amounts payable | 47/48 | €39,288 | €39,288 | = | 0.0% |
| Non-recurring operating income | 76A | €33,855 | €14,574 | -€19,281 | -57.0% |
| Other operating charges | 640/8 | €528 | €694 | +€166 | +31.4% |
| Gross operating margin | 9900 | -€25,064 | -€13,494 | +€11,570 | +46.2% |
| Operating profit (loss) | 9901 | -€25,591 | -€14,187 | +€11,404 | +44.6% |
| Financial income | 75/76B | €7,724 | €13,918 | +€6,194 | +80.2% |
| Recurring financial income | 75 | €7,724 | €13,918 | +€6,194 | +80.2% |
| Non-recurring financial income | 76B | €0 | - | = | |
| Financial charges | 65/66B | €53 | €166 | +€112 | +210.1% |
| Recurring financial charges | 65 | €53 | €166 | +€112 | +210.1% |
| Profit (loss) for the period before taxes | 9903 | -€17,921 | -€435 | +€17,486 | +97.6% |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€17,921 | -€435 | +€17,486 | +97.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€17,921 | -€435 | +€17,486 | +97.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.