BEGATECH: 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.
BEGATECH
Largest movements
- Receivables within one year +€10,664
up €10,664 (+19.6%), from €54,459 to €65,124
of which Trade receivables: +€9,650
- Tangible fixed assets +€9,099
new in 2024: €9,099
- Short-term financial debts -€23,327
down €23,327 (-53.1%), from €43,950 to €20,623
- Advances received +€20,000
new in 2024: €20,000
- Profit (loss) carried forward +€12,888
up €12,888 (+566.2%), from €2,276 to €15,164
- Debts after one year +€8,103
new in 2024: €8,103
- Tax, wage and social debts +€2,692
new in 2024: €2,692
- Turnover -€349,193
no longer reported in 2024 (was €349,193)
- Purchases and services -€215,287
no longer reported in 2024 (was €215,287)
- Financial charges -€153,903
down €153,903 (-94.1%), from €163,538 to €9,636
of which Non-recurring financial charges: -€159,708
- Gross operating margin -€89,832
down €89,832 (-67.1%), from €133,906 to €44,074
- Other operating charges +€7,461
up €7,461 (+317.9%), from €2,347 to €9,808
From the 2023 result to the 2024 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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €54,459 | €74,223 | +€19,764 | +36.3% |
| Fixed assets | 21/28 | - | €9,099 | +€9,099 | |
| Tangible fixed assets | 22/27 | - | €9,099 | +€9,099 | |
| Furniture and vehicles | 24 | - | €9,099 | +€9,099 | |
| Current assets | 29/58 | €54,459 | €65,124 | +€10,664 | +19.6% |
| Amounts receivable within one year | 40/41 | €54,459 | €65,124 | +€10,664 | +19.6% |
| Trade receivables | 40 | €3,586 | €13,236 | +€9,650 | +269.1% |
| Other amounts receivable | 41 | €50,873 | €51,888 | +€1,014 | +2.0% |
| Total equity and liabilities | 10/49 | €54,459 | €74,223 | +€19,764 | +36.3% |
| Equity | 10/15 | €7,276 | €20,164 | +€12,888 | +177.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Outside capital | 11 | €5,000 | - | -€5,000 | |
| Share premium | 1100/10 | €5,000 | - | -€5,000 | |
| Profit (loss) carried forward | 14 | €2,276 | €15,164 | +€12,888 | +566.2% |
| Amounts payable | 17/49 | €47,183 | €54,059 | +€6,876 | +14.6% |
| Amounts payable after more than one year | 17 | - | €8,103 | +€8,103 | |
| Financial debts | 170/4 | - | €8,103 | +€8,103 | |
| Amounts payable within one year | 42/48 | €47,183 | €45,956 | -€1,227 | -2.6% |
| Current portion of amounts payable after more than one year | 42 | - | €1,849 | +€1,849 | |
| Financial debts | 43 | €43,950 | €20,623 | -€23,327 | -53.1% |
| Credit institutions | 430/8 | €43,950 | €20,623 | -€23,327 | -53.1% |
| Trade debts | 44 | €3,233 | €792 | -€2,442 | -75.5% |
| Suppliers | 440/4 | €3,233 | €792 | -€2,442 | -75.5% |
| Advances received on contracts in progress | 46 | - | €20,000 | +€20,000 | |
| Taxes, remuneration and social security | 45 | - | €2,692 | +€2,692 | |
| Taxes | 450/3 | - | €2,692 | +€2,692 | |
| Turnover | 70 | €349,193 | - | -€349,193 | |
| Goods, raw materials, services and sundry goods | 60/61 | €215,287 | - | -€215,287 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €4,550 | +€4,550 | |
| Other operating charges | 640/8 | €2,347 | €9,808 | +€7,461 | +317.9% |
| Gross operating margin | 9900 | €133,906 | €44,074 | -€89,832 | -67.1% |
| Operating profit (loss) | 9901 | €131,559 | €29,716 | -€101,843 | -77.4% |
| Financial income | 75/76B | €1,476 | €18 | -€1,458 | -98.8% |
| Recurring financial income | 75 | €1,475 | €18 | -€1,457 | -98.8% |
| Non-recurring financial income | 76B | €1 | - | -€1 | |
| Financial charges | 65/66B | €163,538 | €9,636 | -€153,903 | -94.1% |
| Recurring financial charges | 65 | €3,053 | €8,858 | +€5,805 | +190.1% |
| Non-recurring financial charges | 66B | €160,485 | €777 | -€159,708 | -99.5% |
| Profit (loss) for the period before taxes | 9903 | -€30,503 | €20,099 | +€50,602 | |
| Income taxes | 67/77 | €2,248 | €7,211 | +€4,963 | +220.8% |
| Profit (loss) for the period | 9904 | -€32,750 | €12,888 | +€45,638 | |
| Profit (loss) for the period to be appropriated | 9905 | -€32,750 | €12,888 | +€45,638 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.