BEGELEC: what changed
Two financial 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.
BEGELEC
Largest movements
- Receivables within one year -€21,133
down €21,133 (-78.0%), from €27,111 to €5,978
of which Other amounts receivable: -€21,116
- Cash +€20,772
up €20,772 (+832.1%), from €2,496 to €23,269
mainly Receivables within one year (+€21,133) and Deferred charges and accrued income (+€633)
- Deferred charges and accrued income -€633
down €633 (-60.0%), from €1,056 to €423
- Profit (loss) carried forward -€990
down €990 (-0.4%), from -€276,141 to -€277,131
- Financial income -€633
down €633 (-60.0%), from €1,056 to €423
- Gross operating margin +€208
up €208 (+16.5%), from -€1,256 to -€1,048
- Financial charges +€31
up €31 (+16.6%), from €189 to €220
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 | €30,663 | €29,669 | -€994 | -3.2% |
| Current assets | 29/58 | €30,663 | €29,669 | -€994 | -3.2% |
| Amounts receivable within one year | 40/41 | €27,111 | €5,978 | -€21,133 | -78.0% |
| Trade receivables | 40 | €3,490 | €3,473 | -€17 | -0.5% |
| Other amounts receivable | 41 | €23,621 | €2,505 | -€21,116 | -89.4% |
| Cash at bank and in hand | 54/58 | €2,496 | €23,269 | +€20,772 | +832.1% |
| Deferred charges and accrued income | 490/1 | €1,056 | €423 | -€633 | -60.0% |
| Total equity and liabilities | 10/49 | €30,663 | €29,669 | -€994 | -3.2% |
| Equity | 10/15 | €21,513 | €20,522 | -€990 | -4.6% |
| Contributions | 10/11 | €212,000 | €212,000 | = | 0.0% |
| Capital | 10 | €212,000 | €212,000 | = | 0.0% |
| Issued capital | 100 | €212,000 | €212,000 | = | 0.0% |
| Reserves | 13 | €85,654 | €85,654 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €5,454 | €5,454 | = | 0.0% |
| Distributable reserves | 133 | €74,000 | €74,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€276,141 | -€277,131 | -€990 | -0.4% |
| Amounts payable | 17/49 | €9,150 | €9,147 | -€4 | 0.0% |
| Amounts payable within one year | 42/48 | €9,150 | €9,147 | -€4 | 0.0% |
| Trade debts | 44 | €9,150 | €9,147 | -€4 | 0.0% |
| Suppliers | 440/4 | €9,150 | €9,147 | -€4 | 0.0% |
| Other operating charges | 640/8 | €141 | €144 | +€4 | +2.6% |
| Gross operating margin | 9900 | -€1,256 | -€1,048 | +€208 | +16.5% |
| Operating profit (loss) | 9901 | -€1,397 | -€1,193 | +€204 | +14.6% |
| Financial income | 75/76B | €1,056 | €423 | -€633 | -60.0% |
| Recurring financial income | 75 | €1,056 | €423 | -€633 | -60.0% |
| Financial charges | 65/66B | €189 | €220 | +€31 | +16.6% |
| Recurring financial charges | 65 | €189 | €220 | +€31 | +16.6% |
| Profit (loss) for the period before taxes | 9903 | -€530 | -€990 | -€460 | -86.8% |
| Profit (loss) for the period | 9904 | -€530 | -€990 | -€460 | -86.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€530 | -€990 | -€460 | -86.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.