BEKALITO: 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.
What changed
BEKALITO
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€53,545
2024 · €31,304+€22,241
Equity
€636,702
2024 · €620,157+€16,545
Cash
€27,129
2024 · €13,021+€14,108
Balance sheet total
€1.8m
2024 · €1.6m+€192,127
Largest movements
Assets
- Tangible fixed assets +€184,386
up €184,386 (+11.4%), from €1.6m to €1.8m
Equity and liabilities
- Other debts +€237,192
up €237,192 (+50.7%), from €468,194 to €705,387
- Debts after one year -€37,260
down €37,260 (-13.8%), from €269,773 to €232,513
- Trade debts -€19,271
down €19,271 (-89.1%), from €21,623 to €2,352
Income statement
- Depreciation -€14,459
down €14,459 (-19.9%), from €72,585 to €58,126
- Gross operating margin +€10,727
up €10,727 (+5.6%), from €192,837 to €203,564
- Taxes +€10,122
up €10,122 (+61.7%), from €16,402 to €26,524
- Financial charges -€7,169
down €7,169 (-11.9%), from €60,105 to €52,936
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.
Result 2024
€31,304
Gross operating margin
+€10,727
Depreciation
+€14,459
Other operating charges
-€529
Financial income
+€537
Financial charges
+€7,169
Taxes
-€10,122
Result 2025
€53,545
raises the resultlowers the result
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.
From operations
+€335,806
Investment
-€242,511
Financing
-€79,186
Cash 2024
€13,021
From operations (derived)
+€335,806
Net result for the year
+€53,545
Depreciation
+€58,126
Receivables within one year
+€6,367
Provisions
-€1,703
Trade debts
-€19,271
Tax, wage and social debts
+€1,169
Other debts
+€237,192
Accrued charges and deferred income
+€381
Investment (derived)
-€242,511
Investment in fixed assets (net)
-€242,511
Financing
-€79,186
Debts after one year
-€37,260
Current portion of long-term debt
-€4,926
Contributions, distributions and other
-€37,000
Cash 2025
€27,129
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,639,190 | €1,831,316 | +€192,127 | +11.7% |
| Fixed assets | 21/28 | €1,610,651 | €1,795,037 | +€184,386 | +11.4% |
| Tangible fixed assets | 22/27 | €1,610,651 | €1,795,037 | +€184,386 | +11.4% |
| Land and buildings | 22 | €1,610,651 | €1,795,037 | +€184,386 | +11.4% |
| Current assets | 29/58 | €28,539 | €36,279 | +€7,741 | +27.1% |
| Amounts receivable within one year | 40/41 | €15,517 | €9,150 | -€6,367 | -41.0% |
| Trade receivables | 40 | €13,167 | - | -€13,167 | |
| Other amounts receivable | 41 | €2,350 | €9,150 | +€6,800 | +289% |
| Cash at bank and in hand | 54/58 | €13,021 | €27,129 | +€14,108 | +108% |
| Total equity and liabilities | 10/49 | €1,639,190 | €1,831,316 | +€192,127 | +11.7% |
| Equity | 10/15 | €620,157 | €636,702 | +€16,545 | +2.7% |
| Contributions | 10/11 | €80,566 | €80,566 | = | 0.0% |
| Capital | 10 | €80,566 | €80,566 | = | 0.0% |
| Issued capital | 100 | €80,566 | €80,566 | = | 0.0% |
| Reserves | 13 | €537,763 | €554,256 | +€16,494 | +3.1% |
| Non-distributable reserves | 130/1 | €31,653 | €31,653 | = | 0.0% |
| Legal reserve | 130 | €31,653 | €31,653 | = | 0.0% |
| Tax-exempt reserves | 132 | €62,830 | €59,523 | -€3,306 | -5.3% |
| Distributable reserves | 133 | €443,280 | €463,080 | +€19,800 | +4.5% |
| Profit (loss) carried forward | 14 | €1,828 | €1,879 | +€51 | +2.8% |
| Provisions and deferred taxes | 16 | €25,967 | €24,264 | -€1,703 | -6.6% |
| Deferred taxes | 168 | €25,967 | €24,264 | -€1,703 | -6.6% |
| Amounts payable | 17/49 | €993,066 | €1,170,351 | +€177,284 | +17.9% |
| Amounts payable after more than one year | 17 | €269,773 | €232,513 | -€37,260 | -13.8% |
| Financial debts | 170/4 | €269,773 | €232,513 | -€37,260 | -13.8% |
| Amounts payable within one year | 42/48 | €711,547 | €925,710 | +€214,163 | +30.1% |
| Current portion of amounts payable after more than one year | 42 | €55,594 | €50,667 | -€4,926 | -8.9% |
| Financial debts | 43 | €150,000 | €150,000 | = | 0.0% |
| Credit institutions | 430/8 | €150,000 | €150,000 | = | 0.0% |
| Trade debts | 44 | €21,623 | €2,352 | -€19,271 | -89.1% |
| Suppliers | 440/4 | €21,623 | €2,352 | -€19,271 | -89.1% |
| Taxes, remuneration and social security | 45 | €16,136 | €17,304 | +€1,169 | +7.2% |
| Taxes | 450/3 | €16,136 | €17,304 | +€1,169 | +7.2% |
| Other amounts payable | 47/48 | €468,194 | €705,387 | +€237,192 | +50.7% |
| Accrued charges and deferred income | 492/3 | €11,746 | €12,128 | +€381 | +3.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €72,585 | €58,126 | -€14,459 | -19.9% |
| Other operating charges | 640/8 | €14,673 | €15,202 | +€529 | +3.6% |
| Gross operating margin | 9900 | €192,837 | €203,564 | +€10,727 | +5.6% |
| Operating profit (loss) | 9901 | €105,579 | €130,236 | +€24,657 | +23.4% |
| Financial income | 75/76B | €530 | €1,066 | +€537 | +101% |
| Recurring financial income | 75 | €530 | €1,066 | +€537 | +101% |
| Financial charges | 65/66B | €60,105 | €52,936 | -€7,169 | -11.9% |
| Recurring financial charges | 65 | €60,105 | €52,936 | -€7,169 | -11.9% |
| Profit (loss) for the period before taxes | 9903 | €46,003 | €78,367 | +€32,363 | +70.3% |
| Transfer from deferred taxes | 780 | €1,703 | €1,703 | = | 0.0% |
| Income taxes | 67/77 | €16,402 | €26,524 | +€10,122 | +61.7% |
| Profit (loss) for the period | 9904 | €31,304 | €53,545 | +€22,241 | +71.0% |
| Transfer from tax-exempt reserves | 789 | €3,306 | €3,306 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €34,610 | €56,851 | +€22,241 | +64.3% |
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 22 October 2026 via checked.be.