BEKAMI PROJECTS: 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.
BEKAMI PROJECTS
Largest movements
- Stocks and contracts -€106,040
down €106,040 (-19.8%), from €536,363 to €430,323
- Cash -€7,096
down €7,096 (-97.3%), from €7,290 to €194
mainly Debts after one year (-€100,000) and Short-term financial debts (-€100,000)
- Debts after one year -€100,000
down €100,000 (-55.0%), from €181,849 to €81,849
- Short-term financial debts -€100,000
down €100,000 (-40.0%), from €250,000 to €150,000
- Other debts +€98,702
up €98,702 (+214.9%), from €45,924 to €144,626
- Gross operating margin -€26,697
down €26,697 (-54.3%), from €49,150 to €22,453
- Financial charges -€5,509
down €5,509 (-27.7%), from €19,851 to €14,343
- Taxes -€3,745
down €3,745 (-63.8%), from €5,873 to €2,128
- Financial income -€733
down €733 (-94.6%), from €775 to €42
- Other operating charges -€547
no longer reported in 2025 (was €547)
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 | €545,734 | €442,442 | -€103,291 | -18.9% |
| Fixed assets | 21/28 | €370 | €5,192 | +€4,823 | +1304.4% |
| Tangible fixed assets | 22/27 | €370 | €192 | -€177 | -48.0% |
| Furniture and vehicles | 24 | €370 | €192 | -€177 | -48.0% |
| Financial fixed assets | 28 | - | €5,000 | +€5,000 | |
| Current assets | 29/58 | €545,364 | €437,250 | -€108,114 | -19.8% |
| Stocks and contracts in progress | 3 | €536,363 | €430,323 | -€106,040 | -19.8% |
| Stocks | 30/36 | €536,363 | €430,323 | -€106,040 | -19.8% |
| Amounts receivable within one year | 40/41 | €1,710 | €6,692 | +€4,981 | +291.2% |
| Other amounts receivable | 41 | €1,710 | €6,692 | +€4,981 | +291.2% |
| Cash at bank and in hand | 54/58 | €7,290 | €194 | -€7,096 | -97.3% |
| Deferred charges and accrued income | 490/1 | - | €42 | +€42 | |
| Total equity and liabilities | 10/49 | €545,734 | €442,442 | -€103,291 | -18.9% |
| Equity | 10/15 | €56,865 | €56,611 | -€254 | -0.4% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €41,865 | €41,611 | -€254 | -0.6% |
| Amounts payable | 17/49 | €488,869 | €385,831 | -€103,038 | -21.1% |
| Amounts payable after more than one year | 17 | €181,849 | €81,849 | -€100,000 | -55.0% |
| Financial debts | 170/4 | €181,849 | €81,849 | -€100,000 | -55.0% |
| Amounts payable within one year | 42/48 | €307,020 | €302,736 | -€4,283 | -1.4% |
| Financial debts | 43 | €250,000 | €150,000 | -€100,000 | -40.0% |
| Other loans | 439 | €250,000 | €150,000 | -€100,000 | -40.0% |
| Trade debts | 44 | €629 | €109 | -€520 | -82.6% |
| Suppliers | 440/4 | €629 | €109 | -€520 | -82.6% |
| Taxes, remuneration and social security | 45 | €10,466 | €8,001 | -€2,465 | -23.6% |
| Taxes | 450/3 | €10,466 | €8,001 | -€2,465 | -23.6% |
| Other amounts payable | 47/48 | €45,924 | €144,626 | +€98,702 | +214.9% |
| Accrued charges and deferred income | 492/3 | - | €1,246 | +€1,246 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €163 | €177 | +€15 | +9.1% |
| Other operating charges | 640/8 | €547 | - | -€547 | |
| Gross operating margin | 9900 | €49,150 | €22,453 | -€26,697 | -54.3% |
| Operating profit (loss) | 9901 | €48,440 | €22,276 | -€26,165 | -54.0% |
| Financial income | 75/76B | €775 | €42 | -€733 | -94.6% |
| Recurring financial income | 75 | €775 | €42 | -€733 | -94.6% |
| Financial charges | 65/66B | €19,851 | €14,343 | -€5,509 | -27.7% |
| Recurring financial charges | 65 | €19,851 | €14,343 | -€5,509 | -27.7% |
| Profit (loss) for the period before taxes | 9903 | €29,364 | €7,974 | -€21,390 | -72.8% |
| Income taxes | 67/77 | €5,873 | €2,128 | -€3,745 | -63.8% |
| Profit (loss) for the period | 9904 | €23,491 | €5,846 | -€17,645 | -75.1% |
| Profit (loss) for the period to be appropriated | 9905 | €23,491 | €5,846 | -€17,645 | -75.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.