BEKAERT - LA VISONNETTE: 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.
BEKAERT - LA VISONNETTE
Largest movements
- Receivables within one year -€179,814
down €179,814 (-55.8%), from €322,133 to €142,320
of which Trade receivables: -€175,686
- Current investments +€150,000
up €150,000 (+21.4%), from €700,000 to €850,000
- Tangible fixed assets -€65,267
down €65,267 (-40.9%), from €159,453 to €94,187
of which Furniture and vehicles: -€67,338
- Cash +€55,055
up €55,055 (+22.4%), from €246,023 to €301,078
mainly Receivables within one year (+€179,814) and Depreciation (+€68,741)
- Profit (loss) carried forward -€19,421
down €19,421 (-85.1%), from €22,818 to €3,397
- Gross operating margin +€211,708
up €211,708, from -€101,146 to €110,562
- Staff costs -€75,669
down €75,669 (-58.4%), from €129,663 to €53,994
- Taxes +€27,112
up €27,112 (+985.4%), from €2,751 to €29,864
- Financial income -€18,712
down €18,712 (-28.0%), from €66,749 to €48,036
- Other operating charges +€3,127
up €3,127 (+22.3%), from €14,003 to €17,130
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
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,766,338 | €1,743,500 | -€22,838 | -1.3% |
| Fixed assets | 21/28 | €159,453 | €94,187 | -€65,267 | -40.9% |
| Tangible fixed assets | 22/27 | €159,453 | €94,187 | -€65,267 | -40.9% |
| Plant, machinery and equipment | 23 | €2,922 | €1,621 | -€1,301 | -44.5% |
| Furniture and vehicles | 24 | €156,532 | €89,194 | -€67,338 | -43.0% |
| Other tangible fixed assets | 26 | - | €3,372 | +€3,372 | |
| Current assets | 29/58 | €1,606,885 | €1,649,314 | +€42,429 | +2.6% |
| Stocks and contracts in progress | 3 | €327,718 | €344,985 | +€17,267 | +5.3% |
| Stocks | 30/36 | €327,718 | €344,985 | +€17,267 | +5.3% |
| Amounts receivable within one year | 40/41 | €322,133 | €142,320 | -€179,814 | -55.8% |
| Trade receivables | 40 | €232,568 | €56,883 | -€175,686 | -75.5% |
| Other amounts receivable | 41 | €89,565 | €85,437 | -€4,128 | -4.6% |
| Current investments | 50/53 | €700,000 | €850,000 | +€150,000 | +21.4% |
| Cash at bank and in hand | 54/58 | €246,023 | €301,078 | +€55,055 | +22.4% |
| Deferred charges and accrued income | 490/1 | €11,011 | €10,931 | -€79 | -0.7% |
| Total equity and liabilities | 10/49 | €1,766,338 | €1,743,500 | -€22,838 | -1.3% |
| Equity | 10/15 | €1,731,918 | €1,713,587 | -€18,331 | -1.1% |
| Contributions | 10/11 | €750,000 | €750,000 | = | 0.0% |
| Capital | 10 | €750,000 | €750,000 | = | 0.0% |
| Issued capital | 100 | €750,000 | €750,000 | = | 0.0% |
| Reserves | 13 | €959,100 | €960,190 | +€1,090 | +0.1% |
| Non-distributable reserves | 130/1 | €75,000 | €75,000 | = | 0.0% |
| Legal reserve | 130 | €75,000 | €75,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €884,100 | €585,190 | -€298,910 | -33.8% |
| Distributable reserves | 133 | - | €300,000 | +€300,000 | |
| Profit (loss) carried forward | 14 | €22,818 | €3,397 | -€19,421 | -85.1% |
| Amounts payable | 17/49 | €34,420 | €29,914 | -€4,507 | -13.1% |
| Amounts payable after more than one year | 17 | €2,636 | €13,358 | +€10,722 | +406.8% |
| Other amounts payable | 178/9 | €2,636 | €13,358 | +€10,722 | +406.8% |
| Amounts payable within one year | 42/48 | €31,785 | €16,556 | -€15,229 | -47.9% |
| Trade debts | 44 | €26,015 | €11,986 | -€14,029 | -53.9% |
| Suppliers | 440/4 | €26,015 | €11,986 | -€14,029 | -53.9% |
| Taxes, remuneration and social security | 45 | €5,770 | €4,570 | -€1,200 | -20.8% |
| Taxes | 450/3 | €5,770 | €963 | -€4,807 | -83.3% |
| Remuneration and social security | 454/9 | - | €3,607 | +€3,607 | |
| Remuneration, social security and pensions | 62 | €129,663 | €53,994 | -€75,669 | -58.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €70,123 | €68,741 | -€1,382 | -2.0% |
| Other operating charges | 640/8 | €14,003 | €17,130 | +€3,127 | +22.3% |
| Gross operating margin | 9900 | -€101,146 | €110,562 | +€211,708 | |
| Operating profit (loss) | 9901 | -€314,934 | -€29,302 | +€285,632 | +90.7% |
| Financial income | 75/76B | €66,749 | €48,036 | -€18,712 | -28.0% |
| Recurring financial income | 75 | €66,749 | €48,036 | -€18,712 | -28.0% |
| Financial charges | 65/66B | €9,802 | €7,201 | -€2,601 | -26.5% |
| Recurring financial charges | 65 | €9,802 | €7,201 | -€2,601 | -26.5% |
| Profit (loss) for the period before taxes | 9903 | -€257,988 | €11,533 | +€269,520 | |
| Income taxes | 67/77 | €2,751 | €29,864 | +€27,112 | +985.4% |
| Profit (loss) for the period | 9904 | -€260,739 | -€18,331 | +€242,408 | +93.0% |
| Transfer from tax-exempt reserves | 789 | €168,400 | €298,910 | +€130,510 | +77.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€92,339 | €280,579 | +€372,918 |
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 1 October 2026 via checked.be.