BEKAVER: 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.
BEKAVER
Largest movements
- Receivables within one year +€25,551
up €25,551 (+35.6%), from €71,683 to €97,235
of which Other amounts receivable: +€36,401
- Tangible fixed assets -€2,125
down €2,125 (-17.1%), from €12,433 to €10,308
- Cash +€1,971
new in 2025: €1,971
mainly Net result for the year (+€16,049) and Trade debts (+€9,397)
- Deferred charges and accrued income +€1,866
up €1,866 (+1291.6%), from €144 to €2,010
- Reserves +€16,049
up €16,049 (+54.6%), from €29,402 to €45,451
- Trade debts +€9,397
up €9,397 (+556.6%), from €1,688 to €11,086
- Short-term financial debts +€5,608
up €5,608 (+47.5%), from €11,814 to €17,421
- Other debts -€2,889
down €2,889 (-14.9%), from €19,392 to €16,502
- Tax, wage and social debts -€2,647
down €2,647 (-15.6%), from €16,965 to €14,319
of which Taxes: -€4,444
- Gross operating margin -€11,249
down €11,249 (-27.8%), from €40,486 to €29,237
- Other operating charges +€4,800
up €4,800 (+547.9%), from €876 to €5,676
- Taxes -€4,557
down €4,557 (-50.4%), from €9,037 to €4,480
- Staff costs +€2,830
new in 2025: €2,830
- Financial income +€2,324
up €2,324 (+139.8%), from €1,663 to €3,987
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 | €84,261 | €111,524 | +€27,263 | +32.4% |
| Fixed assets | 21/28 | €12,433 | €10,308 | -€2,125 | -17.1% |
| Tangible fixed assets | 22/27 | €12,433 | €10,308 | -€2,125 | -17.1% |
| Furniture and vehicles | 24 | €12,433 | €10,308 | -€2,125 | -17.1% |
| Current assets | 29/58 | €71,828 | €101,216 | +€29,388 | +40.9% |
| Amounts receivable within one year | 40/41 | €71,683 | €97,235 | +€25,551 | +35.6% |
| Trade receivables | 40 | €15,804 | €4,954 | -€10,850 | -68.7% |
| Other amounts receivable | 41 | €55,879 | €92,281 | +€36,401 | +65.1% |
| Cash at bank and in hand | 54/58 | - | €1,971 | +€1,971 | |
| Deferred charges and accrued income | 490/1 | €144 | €2,010 | +€1,866 | +1291.6% |
| Total equity and liabilities | 10/49 | €84,261 | €111,524 | +€27,263 | +32.4% |
| Equity | 10/15 | €34,402 | €50,451 | +€16,049 | +46.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €29,402 | €45,451 | +€16,049 | +54.6% |
| Distributable reserves | 133 | €29,402 | €45,451 | +€16,049 | +54.6% |
| Amounts payable | 17/49 | €49,859 | €61,074 | +€11,215 | +22.5% |
| Amounts payable within one year | 42/48 | €49,859 | €59,328 | +€9,469 | +19.0% |
| Financial debts | 43 | €11,814 | €17,421 | +€5,608 | +47.5% |
| Credit institutions | 430/8 | €11,814 | €17,421 | +€5,608 | +47.5% |
| Trade debts | 44 | €1,688 | €11,086 | +€9,397 | +556.6% |
| Suppliers | 440/4 | €1,688 | €11,086 | +€9,397 | +556.6% |
| Taxes, remuneration and social security | 45 | €16,965 | €14,319 | -€2,647 | -15.6% |
| Taxes | 450/3 | €16,965 | €12,521 | -€4,444 | -26.2% |
| Remuneration and social security | 454/9 | - | €1,797 | +€1,797 | |
| Other amounts payable | 47/48 | €19,392 | €16,502 | -€2,889 | -14.9% |
| Accrued charges and deferred income | 492/3 | - | €1,745 | +€1,745 | |
| Remuneration, social security and pensions | 62 | - | €2,830 | +€2,830 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,219 | €2,926 | +€1,706 | +139.9% |
| Other operating charges | 640/8 | €876 | €5,676 | +€4,800 | +547.9% |
| Gross operating margin | 9900 | €40,486 | €29,237 | -€11,249 | -27.8% |
| Operating profit (loss) | 9901 | €38,390 | €17,805 | -€20,585 | -53.6% |
| Financial income | 75/76B | €1,663 | €3,987 | +€2,324 | +139.8% |
| Recurring financial income | 75 | €1,663 | €3,987 | +€2,324 | +139.8% |
| Financial charges | 65/66B | €1,614 | €1,264 | -€350 | -21.7% |
| Recurring financial charges | 65 | €1,614 | €1,264 | -€350 | -21.7% |
| Profit (loss) for the period before taxes | 9903 | €38,439 | €20,528 | -€17,911 | -46.6% |
| Income taxes | 67/77 | €9,037 | €4,480 | -€4,557 | -50.4% |
| Profit (loss) for the period | 9904 | €29,402 | €16,049 | -€13,354 | -45.4% |
| Profit (loss) for the period to be appropriated | 9905 | €29,402 | €16,049 | -€13,354 | -45.4% |
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 7 October 2026 via checked.be.