BEKAL grond: what changed
BEKAL grond
Largest movements
- Cash -€976,583
down €976,583 (-90.6%), from €1.1m to €100,960
mainly Debts after one year (-€612,000) and Short-term financial debts (-€556,943)
- Receivables within one year -€49,224
down €49,224 (-25.3%), from €194,721 to €145,496
of which Other amounts receivable: -€45,149
- Debts after one year -€612,000
down €612,000 (-30.2%), from €2.0m to €1.4m
- Short-term financial debts -€556,943
down €556,943 (-41.8%), from €1.3m to €776,000
- Other debts -€167,312
down €167,312 (-29.6%), from €565,412 to €398,099
- Trade debts +€125,021
up €125,021 (+39.9%), from €313,656 to €438,677
- Reserves +€111,359
up €111,359 (+163%), from €68,470 to €179,829
- Gross operating margin +€172,898
up €172,898 (+318%), from €54,371 to €227,269
- Taxes +€38,381
up €38,381 (+274,738%), from €14 to €38,395
- Financial charges +€10,893
up €10,893 (+34.1%), from €31,981 to €42,874
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,324,724 | €3,260,182 | -€1.1m | -24.6% |
| Fixed assets | 21/28 | €34,310 | €34,310 | = | 0.0% |
| Tangible fixed assets | 22/27 | €34,310 | €34,310 | = | 0.0% |
| Land and buildings | 22 | €34,310 | €34,310 | = | 0.0% |
| Current assets | 29/58 | €4,290,415 | €3,225,873 | -€1.1m | -24.8% |
| Stocks and contracts in progress | 3 | €3,016,793 | €2,976,575 | -€40,219 | -1.3% |
| Stocks | 30/36 | €3,016,793 | €2,976,575 | -€40,219 | -1.3% |
| Amounts receivable within one year | 40/41 | €194,721 | €145,496 | -€49,224 | -25.3% |
| Trade receivables | 40 | €149,272 | €145,197 | -€4,075 | -2.7% |
| Other amounts receivable | 41 | €45,449 | €299 | -€45,149 | -99.3% |
| Cash at bank and in hand | 54/58 | €1,077,543 | €100,960 | -€976,583 | -90.6% |
| Deferred charges and accrued income | 490/1 | €1,357 | €2,841 | +€1,484 | +109% |
| Total equity and liabilities | 10/49 | €4,324,724 | €3,260,182 | -€1.1m | -24.6% |
| Equity | 10/15 | €57,766 | €198,429 | +€140,663 | +244% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €68,470 | €179,829 | +€111,359 | +163% |
| Distributable reserves | 133 | €68,470 | €179,829 | +€111,359 | +163% |
| Profit (loss) carried forward | 14 | -€29,304 | €0 | +€29,304 | |
| Amounts payable | 17/49 | €4,266,959 | €3,061,753 | -€1.2m | -28.2% |
| Amounts payable after more than one year | 17 | €2,024,000 | €1,412,000 | -€612,000 | -30.2% |
| Financial debts | 170/4 | €2,024,000 | €1,412,000 | -€612,000 | -30.2% |
| Amounts payable within one year | 42/48 | €2,212,615 | €1,621,171 | -€591,443 | -26.7% |
| Financial debts | 43 | €1,332,943 | €776,000 | -€556,943 | -41.8% |
| Credit institutions | 430/8 | €1,332,943 | €776,000 | -€556,943 | -41.8% |
| Trade debts | 44 | €313,656 | €438,677 | +€125,021 | +39.9% |
| Suppliers | 440/4 | €313,656 | €438,677 | +€125,021 | +39.9% |
| Taxes, remuneration and social security | 45 | €604 | €8,395 | +€7,791 | +1,290% |
| Taxes | 450/3 | €604 | €8,395 | +€7,791 | +1,290% |
| Other amounts payable | 47/48 | €565,412 | €398,099 | -€167,312 | -29.6% |
| Accrued charges and deferred income | 492/3 | €30,344 | €28,582 | -€1,762 | -5.8% |
| Other operating charges | 640/8 | €6,678 | €5,338 | -€1,341 | -20.1% |
| Gross operating margin | 9900 | €54,371 | €227,269 | +€172,898 | +318% |
| Operating profit (loss) | 9901 | €47,693 | €221,932 | +€174,239 | +365% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €31,981 | €42,874 | +€10,893 | +34.1% |
| Recurring financial charges | 65 | €31,981 | €42,874 | +€10,893 | +34.1% |
| Profit (loss) for the period before taxes | 9903 | €15,712 | €179,058 | +€163,347 | +1,040% |
| Income taxes | 67/77 | €14 | €38,395 | +€38,381 | +274,738% |
| Profit (loss) for the period | 9904 | €15,698 | €140,663 | +€124,966 | +796% |
| Profit (loss) for the period to be appropriated | 9905 | €15,698 | €140,663 | +€124,966 | +796% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.