BEKEN-VANDERHEYDEN: 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.
BEKEN-VANDERHEYDEN
Largest movements
- Receivables within one year -€4,900
down €4,900 (-8.3%), from €59,164 to €54,264
- Other debts +€12,801
up €12,801 (+711%), from €1,800 to €14,601
- Debts after one year -€7,500
down €7,500 (-42.8%), from €17,505 to €10,005
- Reserves -€5,148
down €5,148 (-4.4%), from €115,848 to €110,700
of which Distributable reserves: -€5,148
- Trade debts -€3,331
down €3,331 (-87.8%), from €3,793 to €461
- Tax, wage and social debts -€1,722
no longer reported in 2025 (was €1,722)
- Financial charges +€2,151
up €2,151 (+332%), from €647 to €2,799
- Gross operating margin -€1,061
down €1,061 (-392%), from -€271 to -€1,331
- Other operating charges +€1,019
new in 2025: €1,019
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.
Derived cash bridge
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €159,260 | €154,360 | -€4,900 | -3.1% |
| Fixed assets | 21/28 | €1 | €1 | = | 0.0% |
| Financial fixed assets | 28 | €1 | €1 | = | 0.0% |
| Current assets | 29/58 | €159,259 | €154,359 | -€4,900 | -3.1% |
| Amounts receivable after more than one year | 29 | €100,095 | €100,095 | = | 0.0% |
| Other amounts receivable | 291 | €100,095 | €100,095 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €59,164 | €54,264 | -€4,900 | -8.3% |
| Other amounts receivable | 41 | €59,164 | €54,264 | -€4,900 | -8.3% |
| Total equity and liabilities | 10/49 | €159,260 | €154,360 | -€4,900 | -3.1% |
| Equity | 10/15 | €134,440 | €129,292 | -€5,148 | -3.8% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Capital | 10 | €18,592 | €18,592 | = | 0.0% |
| Issued capital | 100 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €115,848 | €110,700 | -€5,148 | -4.4% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Legal reserve | 130 | €1,859 | €1,859 | = | 0.0% |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Distributable reserves | 133 | €95,239 | €90,091 | -€5,148 | -5.4% |
| Amounts payable | 17/49 | €24,820 | €25,068 | +€248 | +1.0% |
| Amounts payable after more than one year | 17 | €17,505 | €10,005 | -€7,500 | -42.8% |
| Financial debts | 170/4 | €17,505 | €10,005 | -€7,500 | -42.8% |
| Amounts payable within one year | 42/48 | €7,314 | €15,063 | +€7,748 | +106% |
| Trade debts | 44 | €3,793 | €461 | -€3,331 | -87.8% |
| Suppliers | 440/4 | €3,793 | €461 | -€3,331 | -87.8% |
| Taxes, remuneration and social security | 45 | €1,722 | - | -€1,722 | |
| Taxes | 450/3 | €1,722 | - | -€1,722 | |
| Other amounts payable | 47/48 | €1,800 | €14,601 | +€12,801 | +711% |
| Other operating charges | 640/8 | - | €1,019 | +€1,019 | |
| Gross operating margin | 9900 | -€271 | -€1,331 | -€1,061 | -392% |
| Operating profit (loss) | 9901 | -€271 | -€2,350 | -€2,079 | -769% |
| Financial charges | 65/66B | €647 | €2,799 | +€2,151 | +332% |
| Recurring financial charges | 65 | €647 | €2,799 | +€2,151 | +332% |
| Profit (loss) for the period before taxes | 9903 | -€918 | -€5,148 | -€4,230 | -461% |
| Profit (loss) for the period | 9904 | -€918 | -€5,148 | -€4,230 | -461% |
| Profit (loss) for the period to be appropriated | 9905 | -€918 | -€5,148 | -€4,230 | -461% |
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 13 October 2026 via checked.be.