BEHOC: 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.
BEHOC
Largest movements
- Financial fixed assets +€100,000
up €100,000, from €0 to €100,000
- Receivables within one year -€56,509
down €56,509 (-51.1%), from €110,681 to €54,173
of which Trade receivables: -€65,613
- Tangible fixed assets -€12,602
down €12,602 (-6.3%), from €198,523 to €185,921
of which Other tangible fixed assets: -€15,364
- Deferred charges and accrued income -€5,094
down €5,094 (-19.8%), from €25,751 to €20,657
- Trade debts +€108,669
up €108,669 (+189.9%), from €57,216 to €165,885
- Advances received -€101,148
down €101,148 (-100.0%), from €101,148 to €0
- Other debts -€54,972
down €54,972 (-100.0%), from €54,972 to €0
- Profit (loss) carried forward +€50,197
up €50,197 (+62.2%), from -€80,723 to -€30,526
- Accrued charges and deferred income +€31,175
up €31,175 (+70.6%), from €44,168 to €75,343
- Gross operating margin +€165,529
up €165,529 (+34.4%), from €480,899 to €646,428
- Other operating charges +€48,188
up €48,188 (+24.1%), from €199,841 to €248,029
- Staff costs -€15,144
down €15,144 (-5.2%), from €290,586 to €275,442
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 | €339,561 | €365,131 | +€25,570 | +7.5% |
| Fixed assets | 21/28 | €198,523 | €285,921 | +€87,398 | +44.0% |
| Tangible fixed assets | 22/27 | €198,523 | €185,921 | -€12,602 | -6.3% |
| Plant, machinery and equipment | 23 | €79,947 | €76,341 | -€3,605 | -4.5% |
| Furniture and vehicles | 24 | €3,609 | €2,138 | -€1,471 | -40.8% |
| Other tangible fixed assets | 26 | €113,152 | €97,788 | -€15,364 | -13.6% |
| Assets under construction and advance payments | 27 | €1,815 | €9,654 | +€7,839 | +431.9% |
| Financial fixed assets | 28 | €0 | €100,000 | +€100,000 | |
| Current assets | 29/58 | €141,038 | €79,210 | -€61,828 | -43.8% |
| Amounts receivable within one year | 40/41 | €110,681 | €54,173 | -€56,509 | -51.1% |
| Trade receivables | 40 | €71,222 | €5,609 | -€65,613 | -92.1% |
| Other amounts receivable | 41 | €39,459 | €48,564 | +€9,105 | +23.1% |
| Cash at bank and in hand | 54/58 | €4,605 | €4,381 | -€225 | -4.9% |
| Deferred charges and accrued income | 490/1 | €25,751 | €20,657 | -€5,094 | -19.8% |
| Total equity and liabilities | 10/49 | €339,561 | €365,131 | +€25,570 | +7.5% |
| Equity | 10/15 | €37,333 | €87,530 | +€50,197 | +134.5% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Capital | 10 | €100,000 | €100,000 | = | 0.0% |
| Issued capital | 100 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €18,056 | €18,056 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,601 | €1,601 | = | 0.0% |
| Legal reserve | 130 | €1,601 | €1,601 | = | 0.0% |
| Distributable reserves | 133 | €16,455 | €16,455 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€80,723 | -€30,526 | +€50,197 | +62.2% |
| Amounts payable | 17/49 | €302,227 | €277,600 | -€24,627 | -8.1% |
| Amounts payable after more than one year | 17 | €6,000 | €1,000 | -€5,000 | -83.3% |
| Other amounts payable | 178/9 | €6,000 | €1,000 | -€5,000 | -83.3% |
| Amounts payable within one year | 42/48 | €252,060 | €201,257 | -€50,802 | -20.2% |
| Trade debts | 44 | €57,216 | €165,885 | +€108,669 | +189.9% |
| Suppliers | 440/4 | €57,216 | €165,885 | +€108,669 | +189.9% |
| Advances received on contracts in progress | 46 | €101,148 | €0 | -€101,148 | -100.0% |
| Taxes, remuneration and social security | 45 | €38,723 | €35,372 | -€3,351 | -8.7% |
| Taxes | 450/3 | €8,036 | €6,721 | -€1,315 | -16.4% |
| Remuneration and social security | 454/9 | €30,688 | €28,652 | -€2,036 | -6.6% |
| Other amounts payable | 47/48 | €54,972 | €0 | -€54,972 | -100.0% |
| Accrued charges and deferred income | 492/3 | €44,168 | €75,343 | +€31,175 | +70.6% |
| Non-recurring operating income | 76A | - | €192,959 | +€192,959 | |
| Remuneration, social security and pensions | 62 | €290,586 | €275,442 | -€15,144 | -5.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €43,440 | €44,973 | +€1,532 | +3.5% |
| Other operating charges | 640/8 | €199,841 | €248,029 | +€48,188 | +24.1% |
| Non-recurring operating charges | 66A | €333 | €1,513 | +€1,180 | +354.4% |
| Gross operating margin | 9900 | €480,899 | €646,428 | +€165,529 | +34.4% |
| Operating profit (loss) | 9901 | -€53,301 | €76,471 | +€129,772 | |
| Financial income | 75/76B | €37 | €49 | +€12 | +33.7% |
| Recurring financial income | 75 | €37 | €49 | +€12 | +33.7% |
| Financial charges | 65/66B | €25,087 | €26,324 | +€1,237 | +4.9% |
| Recurring financial charges | 65 | €25,087 | €26,324 | +€1,237 | +4.9% |
| Profit (loss) for the period before taxes | 9903 | -€78,351 | €50,197 | +€128,548 | |
| Income taxes | 67/77 | €2,371 | €0 | -€2,371 | -100.0% |
| Profit (loss) for the period | 9904 | -€80,723 | €50,197 | +€130,920 | |
| Profit (loss) for the period to be appropriated | 9905 | -€80,723 | €50,197 | +€130,920 |
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.