BEKEL: 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.
BEKEL
Largest movements
- Receivables within one year +€9,798
up €9,798 (+141.4%), from €6,930 to €16,728
- Cash +€2,145
up €2,145 (+6.1%), from €35,101 to €37,246
mainly Net result for the year (+€24,763) and Trade debts (+€11,669)
- Stocks and contracts -€1,600
down €1,600 (-7.8%), from €20,628 to €19,028
- Other debts -€21,468
down €21,468 (-61.4%), from €34,981 to €13,514
- Profit (loss) carried forward +€18,763
up €18,763, from -€2,126 to €16,637
- Trade debts +€11,669
up €11,669 (+163.5%), from €7,137 to €18,806
- Tax, wage and social debts +€1,378
up €1,378 (+18.4%), from €7,498 to €8,876
of which Taxes: +€5,660
- Gross operating margin +€37,769
up €37,769 (+135.1%), from €27,946 to €65,715
- Staff costs +€29,239
up €29,239 (+491.8%), from €5,946 to €35,185
- Financial charges +€1,861
up €1,861 (+321.9%), from €578 to €2,439
- Taxes +€1,744
new in 2025: €1,744
- Other operating charges +€855
up €855 (+117.0%), from €730 to €1,585
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 | €64,375 | €74,718 | +€10,343 | +16.1% |
| Fixed assets | 21/28 | €1,715 | €1,715 | = | 0.0% |
| Tangible fixed assets | 22/27 | €1,565 | €1,565 | = | 0.0% |
| Other tangible fixed assets | 26 | €1,565 | €1,565 | = | 0.0% |
| Financial fixed assets | 28 | €150 | €150 | = | 0.0% |
| Current assets | 29/58 | €62,660 | €73,003 | +€10,343 | +16.5% |
| Stocks and contracts in progress | 3 | €20,628 | €19,028 | -€1,600 | -7.8% |
| Stocks | 30/36 | €20,628 | €19,028 | -€1,600 | -7.8% |
| Amounts receivable within one year | 40/41 | €6,930 | €16,728 | +€9,798 | +141.4% |
| Trade receivables | 40 | €6,930 | €16,728 | +€9,798 | +141.4% |
| Cash at bank and in hand | 54/58 | €35,101 | €37,246 | +€2,145 | +6.1% |
| Total equity and liabilities | 10/49 | €64,375 | €74,718 | +€10,343 | +16.1% |
| Equity | 10/15 | €14,759 | €33,522 | +€18,763 | +127.1% |
| Contributions | 10/11 | €16,885 | €16,885 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,126 | €16,637 | +€18,763 | |
| Amounts payable | 17/49 | €49,616 | €41,196 | -€8,420 | -17.0% |
| Amounts payable within one year | 42/48 | €49,616 | €41,196 | -€8,420 | -17.0% |
| Trade debts | 44 | €7,137 | €18,806 | +€11,669 | +163.5% |
| Suppliers | 440/4 | €7,137 | €18,806 | +€11,669 | +163.5% |
| Taxes, remuneration and social security | 45 | €7,498 | €8,876 | +€1,378 | +18.4% |
| Taxes | 450/3 | €2,016 | €7,676 | +€5,660 | +280.8% |
| Remuneration and social security | 454/9 | €5,482 | €1,200 | -€4,282 | -78.1% |
| Other amounts payable | 47/48 | €34,981 | €13,514 | -€21,468 | -61.4% |
| Remuneration, social security and pensions | 62 | €5,946 | €35,185 | +€29,239 | +491.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €312 | - | -€312 | |
| Other operating charges | 640/8 | €730 | €1,585 | +€855 | +117.0% |
| Gross operating margin | 9900 | €27,946 | €65,715 | +€37,769 | +135.1% |
| Operating profit (loss) | 9901 | €20,958 | €28,946 | +€7,987 | +38.1% |
| Financial charges | 65/66B | €578 | €2,439 | +€1,861 | +321.9% |
| Recurring financial charges | 65 | €578 | €2,439 | +€1,861 | +321.9% |
| Profit (loss) for the period before taxes | 9903 | €20,380 | €26,507 | +€6,127 | +30.1% |
| Income taxes | 67/77 | - | €1,744 | +€1,744 | |
| Profit (loss) for the period | 9904 | €20,380 | €24,763 | +€4,383 | +21.5% |
| Profit (loss) for the period to be appropriated | 9905 | €20,380 | €24,763 | +€4,383 | +21.5% |
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 12 October 2026 via checked.be.