BECY: 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.
BECY
Largest movements
- Receivables within one year +€27,053
up €27,053 (+13.5%), from €200,412 to €227,465
of which Trade receivables: +€29,364
- Tangible fixed assets -€8,976
down €8,976 (-15.7%), from €57,168 to €48,193
- Other debts +€9,305
up €9,305 (+28.7%), from €32,464 to €41,769
- Reserves +€8,016
up €8,016 (+4.2%), from €192,294 to €200,310
of which Distributable reserves: +€13,836
- Tax, wage and social debts +€3,886
up €3,886 (+53.2%), from €7,301 to €11,188
- Gross operating margin +€1,839
up €1,839 (+10.1%), from €18,279 to €20,118
- Taxes +€318
up €318 (+9.3%), from €3,438 to €3,757
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 | €258,518 | €277,238 | +€18,720 | +7.2% |
| Fixed assets | 21/28 | €57,168 | €48,193 | -€8,976 | -15.7% |
| Tangible fixed assets | 22/27 | €57,168 | €48,193 | -€8,976 | -15.7% |
| Land and buildings | 22 | €57,168 | €48,193 | -€8,976 | -15.7% |
| Current assets | 29/58 | €201,350 | €229,045 | +€27,696 | +13.8% |
| Amounts receivable within one year | 40/41 | €200,412 | €227,465 | +€27,053 | +13.5% |
| Trade receivables | 40 | €198,101 | €227,465 | +€29,364 | +14.8% |
| Other amounts receivable | 41 | €2,311 | €0 | -€2,311 | -100.0% |
| Cash at bank and in hand | 54/58 | €510 | €1,139 | +€629 | +123.5% |
| Deferred charges and accrued income | 490/1 | €428 | €441 | +€13 | +3.1% |
| Total equity and liabilities | 10/49 | €258,518 | €277,238 | +€18,720 | +7.2% |
| Equity | 10/15 | €210,894 | €218,910 | +€8,016 | +3.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €192,294 | €200,310 | +€8,016 | +4.2% |
| Tax-exempt reserves | 132 | €26,848 | €21,028 | -€5,819 | -21.7% |
| Distributable reserves | 133 | €165,446 | €179,282 | +€13,836 | +8.4% |
| Provisions and deferred taxes | 16 | €6,712 | €5,257 | -€1,455 | -21.7% |
| Deferred taxes | 168 | €6,712 | €5,257 | -€1,455 | -21.7% |
| Amounts payable | 17/49 | €40,912 | €53,071 | +€12,158 | +29.7% |
| Amounts payable within one year | 42/48 | €40,912 | €53,071 | +€12,158 | +29.7% |
| Trade debts | 44 | €1,147 | €114 | -€1,033 | -90.1% |
| Suppliers | 440/4 | €1,147 | €114 | -€1,033 | -90.1% |
| Taxes, remuneration and social security | 45 | €7,301 | €11,188 | +€3,886 | +53.2% |
| Taxes | 450/3 | €7,301 | €11,188 | +€3,886 | +53.2% |
| Other amounts payable | 47/48 | €32,464 | €41,769 | +€9,305 | +28.7% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,976 | €8,976 | = | 0.0% |
| Other operating charges | 640/8 | €660 | €679 | +€20 | +3.0% |
| Gross operating margin | 9900 | €18,279 | €20,118 | +€1,839 | +10.1% |
| Operating profit (loss) | 9901 | €8,643 | €10,462 | +€1,819 | +21.0% |
| Financial charges | 65/66B | €144 | €144 | = | 0.0% |
| Recurring financial charges | 65 | €144 | €144 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €8,499 | €10,318 | +€1,819 | +21.4% |
| Transfer from deferred taxes | 780 | €1,455 | €1,455 | = | 0.0% |
| Income taxes | 67/77 | €3,438 | €3,757 | +€318 | +9.3% |
| Profit (loss) for the period | 9904 | €6,516 | €8,016 | +€1,501 | +23.0% |
| Transfer from tax-exempt reserves | 789 | €5,819 | €5,819 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €12,335 | €13,836 | +€1,501 | +12.2% |
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 6 October 2026 via checked.be.