BEKID: 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.
BEKID
Largest movements
- Receivables within one year -€64,401
down €64,401 (-64.5%), from €99,840 to €35,439
of which Trade receivables: -€63,904
- Intangible fixed assets +€11,509
new in 2025: €11,509
- Cash -€5,657
down €5,657 (-7.2%), from €78,703 to €73,046
mainly Contributions, distributions and other (-€527,444) and Trade debts (-€23,872)
- Profit (loss) carried forward -€242,977
down €242,977 (-98.2%), from €247,444 to €4,467
- Other debts +€162,687
up €162,687 (+343%), from €47,481 to €210,168
- Tax, wage and social debts +€43,263
up €43,263 (+167%), from €25,917 to €69,180
of which Taxes: +€43,449
- Trade debts -€23,872
down €23,872 (-99.3%), from €24,033 to €162
- Staff costs +€38,680
up €38,680 (+662%), from €5,844 to €44,524
- Gross operating margin +€20,934
up €20,934 (+5.1%), from €411,326 to €432,259
- Depreciation +€6,568
up €6,568 (+424%), from €1,549 to €8,117
- Taxes -€6,554
down €6,554 (-6.5%), from €101,545 to €94,991
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
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 | €396,099 | €335,201 | -€60,898 | -15.4% |
| Fixed assets | 21/28 | €42,280 | €50,919 | +€8,639 | +20.4% |
| Intangible fixed assets | 21 | - | €11,509 | +€11,509 | |
| Tangible fixed assets | 22/27 | €17,960 | €14,464 | -€3,497 | -19.5% |
| Plant, machinery and equipment | 23 | - | €1,495 | +€1,495 | |
| Furniture and vehicles | 24 | €17,960 | €12,969 | -€4,992 | -27.8% |
| Financial fixed assets | 28 | €24,320 | €24,947 | +€627 | +2.6% |
| Current assets | 29/58 | €353,819 | €284,282 | -€69,537 | -19.7% |
| Amounts receivable within one year | 40/41 | €99,840 | €35,439 | -€64,401 | -64.5% |
| Trade receivables | 40 | €94,333 | €30,430 | -€63,904 | -67.7% |
| Other amounts receivable | 41 | €5,506 | €5,009 | -€497 | -9.0% |
| Current investments | 50/53 | €175,000 | €175,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €78,703 | €73,046 | -€5,657 | -7.2% |
| Deferred charges and accrued income | 490/1 | €276 | €797 | +€521 | +189% |
| Total equity and liabilities | 10/49 | €396,099 | €335,201 | -€60,898 | -15.4% |
| Equity | 10/15 | €298,668 | €55,691 | -€242,977 | -81.4% |
| Reserves | 13 | €51,224 | €51,224 | = | 0.0% |
| Distributable reserves | 133 | €51,224 | €51,224 | = | 0.0% |
| Profit (loss) carried forward | 14 | €247,444 | €4,467 | -€242,977 | -98.2% |
| Amounts payable | 17/49 | €97,431 | €279,510 | +€182,079 | +187% |
| Amounts payable within one year | 42/48 | €97,431 | €279,510 | +€182,079 | +187% |
| Trade debts | 44 | €24,033 | €162 | -€23,872 | -99.3% |
| Suppliers | 440/4 | €24,033 | €162 | -€23,872 | -99.3% |
| Taxes, remuneration and social security | 45 | €25,917 | €69,180 | +€43,263 | +167% |
| Taxes | 450/3 | €22,696 | €66,145 | +€43,449 | +191% |
| Remuneration and social security | 454/9 | €3,221 | €3,036 | -€185 | -5.7% |
| Other amounts payable | 47/48 | €47,481 | €210,168 | +€162,687 | +343% |
| Remuneration, social security and pensions | 62 | €5,844 | €44,524 | +€38,680 | +662% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,549 | €8,117 | +€6,568 | +424% |
| Other operating charges | 640/8 | €457 | €70 | -€387 | -84.7% |
| Gross operating margin | 9900 | €411,326 | €432,259 | +€20,934 | +5.1% |
| Operating profit (loss) | 9901 | €403,475 | €379,548 | -€23,927 | -5.9% |
| Financial income | 75/76B | €1,159 | €4 | -€1,155 | -99.6% |
| Recurring financial income | 75 | €1,159 | €4 | -€1,155 | -99.6% |
| Financial charges | 65/66B | €645 | €95 | -€551 | -85.4% |
| Recurring financial charges | 65 | €645 | €95 | -€551 | -85.4% |
| Profit (loss) for the period before taxes | 9903 | €403,989 | €379,458 | -€24,531 | -6.1% |
| Income taxes | 67/77 | €101,545 | €94,991 | -€6,554 | -6.5% |
| Profit (loss) for the period | 9904 | €302,444 | €284,467 | -€17,977 | -5.9% |
| Profit (loss) for the period to be appropriated | 9905 | €302,444 | €284,467 | -€17,977 | -5.9% |
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 21 October 2026 via checked.be.