BEKAFEST: 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.
BEKAFEST
Largest movements
- Stocks and contracts +€74,012
up €74,012 (+604%), from €12,257 to €86,269
- Tangible fixed assets -€65,164
down €65,164 (-17.5%), from €372,037 to €306,873
of which Leasing and similar rights: -€40,916
- Receivables within one year +€36,787
up €36,787 (+142%), from €25,874 to €62,660
of which Trade receivables: +€39,953
- Cash -€4,973
down €4,973 (-22.2%), from €22,358 to €17,385
mainly Stocks and contracts (-€74,012) and Debts after one year (-€50,836)
- Other debts +€60,772
up €60,772 (+10,186%), from €597 to €61,369
- Debts after one year -€50,836
down €50,836 (-16.4%), from €310,829 to €259,993
- Trade debts +€21,623
up €21,623 (+871%), from €2,483 to €24,105
- Reserves +€13,995
up €13,995 (+21.6%), from €64,667 to €78,662
- Current portion of long-term debt -€9,004
down €9,004 (-20.2%), from €44,465 to €35,461
- Staff costs -€19,047
down €19,047 (-99.8%), from €19,092 to €45
- Taxes +€5,899
up €5,899 (+615%), from €959 to €6,858
- Depreciation -€3,702
down €3,702 (-7.6%), from €48,770 to €45,069
- Gross operating margin -€3,152
down €3,152 (-3.8%), from €82,693 to €79,541
- Financial charges +€1,397
up €1,397 (+16.6%), from €8,414 to €9,811
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.
Derived cash bridge
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 | €434,816 | €475,210 | +€40,394 | +9.3% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €372,037 | €306,873 | -€65,164 | -17.5% |
| Tangible fixed assets | 22/27 | €372,037 | €306,873 | -€65,164 | -17.5% |
| Land and buildings | 22 | €263,136 | €244,328 | -€18,808 | -7.1% |
| Plant, machinery and equipment | 23 | €10,927 | €7,492 | -€3,435 | -31.4% |
| Furniture and vehicles | 24 | €6,679 | €4,673 | -€2,005 | -30.0% |
| Leasing and similar rights | 25 | €91,295 | €50,380 | -€40,916 | -44.8% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €62,779 | €168,337 | +€105,558 | +168% |
| Stocks and contracts in progress | 3 | €12,257 | €86,269 | +€74,012 | +604% |
| Stocks | 30/36 | €12,257 | €86,269 | +€74,012 | +604% |
| Amounts receivable within one year | 40/41 | €25,874 | €62,660 | +€36,787 | +142% |
| Trade receivables | 40 | €20,587 | €60,541 | +€39,953 | +194% |
| Other amounts receivable | 41 | €5,286 | €2,119 | -€3,167 | -59.9% |
| Cash at bank and in hand | 54/58 | €22,358 | €17,385 | -€4,973 | -22.2% |
| Deferred charges and accrued income | 490/1 | €2,290 | €2,023 | -€267 | -11.7% |
| Total equity and liabilities | 10/49 | €434,816 | €475,210 | +€40,394 | +9.3% |
| Equity | 10/15 | €70,867 | €84,862 | +€13,995 | +19.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €64,667 | €78,662 | +€13,995 | +21.6% |
| Distributable reserves | 133 | €64,667 | €78,662 | +€13,995 | +21.6% |
| Amounts payable | 17/49 | €363,949 | €390,349 | +€26,400 | +7.3% |
| Amounts payable after more than one year | 17 | €310,829 | €259,993 | -€50,836 | -16.4% |
| Financial debts | 170/4 | €310,829 | €259,993 | -€50,836 | -16.4% |
| Amounts payable within one year | 42/48 | €52,535 | €129,856 | +€77,321 | +147% |
| Current portion of amounts payable after more than one year | 42 | €44,465 | €35,461 | -€9,004 | -20.2% |
| Trade debts | 44 | €2,483 | €24,105 | +€21,623 | +871% |
| Suppliers | 440/4 | €2,483 | €24,105 | +€21,623 | +871% |
| Taxes, remuneration and social security | 45 | €4,991 | €8,920 | +€3,929 | +78.7% |
| Taxes | 450/3 | €4,991 | €8,920 | +€3,929 | +78.7% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €597 | €61,369 | +€60,772 | +10,186% |
| Accrued charges and deferred income | 492/3 | €584 | €500 | -€84 | -14.4% |
| Non-recurring operating income | 76A | €21,298 | €9,415 | -€11,883 | -55.8% |
| Remuneration, social security and pensions | 62 | €19,092 | €45 | -€19,047 | -99.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €48,770 | €45,069 | -€3,702 | -7.6% |
| Other operating charges | 640/8 | €3,660 | €3,791 | +€130 | +3.6% |
| Gross operating margin | 9900 | €82,693 | €79,541 | -€3,152 | -3.8% |
| Operating profit (loss) | 9901 | €11,170 | €30,636 | +€19,466 | +174% |
| Financial income | 75/76B | €113 | €28 | -€85 | -75.4% |
| Recurring financial income | 75 | €113 | €28 | -€85 | -75.4% |
| Financial charges | 65/66B | €8,414 | €9,811 | +€1,397 | +16.6% |
| Recurring financial charges | 65 | €8,414 | €9,811 | +€1,397 | +16.6% |
| Profit (loss) for the period before taxes | 9903 | €2,869 | €20,852 | +€17,984 | +627% |
| Income taxes | 67/77 | €959 | €6,858 | +€5,899 | +615% |
| Profit (loss) for the period | 9904 | €1,910 | €13,995 | +€12,085 | +633% |
| Profit (loss) for the period to be appropriated | 9905 | €1,910 | €13,995 | +€12,085 | +633% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.