BEKIM: 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.
BEKIM
Largest movements
- Tangible fixed assets -€42,603
down €42,603 (-12.2%), from €349,078 to €306,475
of which Furniture and vehicles: -€31,087
- Cash +€32,814
up €32,814 (+121.6%), from €26,995 to €59,809
mainly Net result for the year (+€88,870) and Depreciation (+€42,603)
- Receivables within one year +€26,679
up €26,679 (+69.6%), from €38,309 to €64,988
of which Trade receivables: +€38,382
- Reserves +€88,870
up €88,870 (+26.3%), from €337,317 to €426,187
- Debts after one year -€68,346
down €68,346 (-14.2%), from €480,643 to €412,297
- Current portion of long-term debt -€10,873
down €10,873 (-13.7%), from €79,219 to €68,346
- Trade debts +€10,696
up €10,696 (+374.4%), from €2,857 to €13,552
- Depreciation -€23,859
down €23,859 (-35.9%), from €66,462 to €42,603
- Taxes +€7,755
up €7,755 (+42.4%), from €18,298 to €26,053
- Gross operating margin +€5,070
up €5,070 (+3.4%), from €149,026 to €154,097
- Financial charges +€4,385
up €4,385 (+29.4%), from €14,926 to €19,312
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 | €939,710 | €961,631 | +€21,921 | +2.3% |
| Fixed assets | 21/28 | €869,078 | €831,475 | -€37,603 | -4.3% |
| Tangible fixed assets | 22/27 | €349,078 | €306,475 | -€42,603 | -12.2% |
| Land and buildings | 22 | €227,557 | €218,161 | -€9,397 | -4.1% |
| Plant, machinery and equipment | 23 | €17,343 | €15,224 | -€2,119 | -12.2% |
| Furniture and vehicles | 24 | €104,178 | €73,090 | -€31,087 | -29.8% |
| Financial fixed assets | 28 | €520,000 | €525,000 | +€5,000 | +1.0% |
| Current assets | 29/58 | €70,632 | €130,156 | +€59,524 | +84.3% |
| Amounts receivable within one year | 40/41 | €38,309 | €64,988 | +€26,679 | +69.6% |
| Trade receivables | 40 | €26,607 | €64,988 | +€38,382 | +144.3% |
| Other amounts receivable | 41 | €11,703 | - | -€11,703 | |
| Current investments | 50/53 | €4,061 | €4,061 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €26,995 | €59,809 | +€32,814 | +121.6% |
| Deferred charges and accrued income | 490/1 | €1,267 | €1,298 | +€31 | +2.5% |
| Total equity and liabilities | 10/49 | €939,710 | €961,631 | +€21,921 | +2.3% |
| Equity | 10/15 | €355,917 | €444,787 | +€88,870 | +25.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €337,317 | €426,187 | +€88,870 | +26.3% |
| Distributable reserves | 133 | €337,317 | €426,187 | +€88,870 | +26.3% |
| Amounts payable | 17/49 | €583,793 | €516,844 | -€66,949 | -11.5% |
| Amounts payable after more than one year | 17 | €480,643 | €412,297 | -€68,346 | -14.2% |
| Financial debts | 170/4 | €480,643 | €412,297 | -€68,346 | -14.2% |
| Amounts payable within one year | 42/48 | €103,150 | €104,547 | +€1,397 | +1.4% |
| Current portion of amounts payable after more than one year | 42 | €79,219 | €68,346 | -€10,873 | -13.7% |
| Financial debts | 43 | €15,067 | €18,053 | +€2,985 | +19.8% |
| Other loans | 439 | €15,067 | €18,053 | +€2,985 | +19.8% |
| Trade debts | 44 | €2,857 | €13,552 | +€10,696 | +374.4% |
| Suppliers | 440/4 | €2,857 | €13,552 | +€10,696 | +374.4% |
| Taxes, remuneration and social security | 45 | €5,907 | €4,596 | -€1,311 | -22.2% |
| Taxes | 450/3 | €3,781 | €2,456 | -€1,325 | -35.0% |
| Remuneration and social security | 454/9 | €2,126 | €2,140 | +€14 | +0.7% |
| Other amounts payable | 47/48 | €100 | - | -€100 | |
| Non-recurring operating income | 76A | €452 | - | -€452 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €66,462 | €42,603 | -€23,859 | -35.9% |
| Other operating charges | 640/8 | €1,135 | €1,259 | +€124 | +10.9% |
| Gross operating margin | 9900 | €149,026 | €154,097 | +€5,070 | +3.4% |
| Operating profit (loss) | 9901 | €81,429 | €110,235 | +€28,805 | +35.4% |
| Financial income | 75/76B | €23,750 | €24,000 | +€250 | +1.1% |
| Recurring financial income | 75 | €23,750 | €24,000 | +€250 | +1.1% |
| Financial charges | 65/66B | €14,926 | €19,312 | +€4,385 | +29.4% |
| Recurring financial charges | 65 | €14,926 | €19,312 | +€4,385 | +29.4% |
| Profit (loss) for the period before taxes | 9903 | €90,253 | €114,923 | +€24,670 | +27.3% |
| Income taxes | 67/77 | €18,298 | €26,053 | +€7,755 | +42.4% |
| Profit (loss) for the period | 9904 | €71,955 | €88,870 | +€16,915 | +23.5% |
| Profit (loss) for the period to be appropriated | 9905 | €71,955 | €88,870 | +€16,915 | +23.5% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.