BEKO: 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.
BEKO
Largest movements
- Tangible fixed assets -€16,093
down €16,093 (-64.6%), from €24,923 to €8,830
of which Furniture and vehicles: -€12,642
- Stocks and contracts -€2,063
down €2,063 (-15.0%), from €13,784 to €11,721
- Cash +€1,443
up €1,443 (+35.5%), from €4,070 to €5,513
mainly Investment in fixed assets (net) (+€12,642) and Depreciation (+€3,451)
- Tax, wage and social debts -€6,985
down €6,985 (-56.5%), from €12,356 to €5,371
of which Remuneration and social security: -€5,817
- Profit (loss) carried forward -€4,605
down €4,605 (-20.9%), from -€22,084 to -€26,689
- Debts after one year -€4,351
down €4,351 (-23.2%), from €18,795 to €14,444
- Other debts -€2,008
no longer reported in 2025 (was €2,008)
- Trade debts +€1,925
up €1,925 (+10.2%), from €18,876 to €20,801
- Gross operating margin +€10,434
up €10,434, from -€4,652 to €5,782
- Depreciation -€3,126
down €3,126 (-47.5%), from €6,577 to €3,451
- Staff costs +€1,681
new in 2025: €1,681
- Other operating charges +€832
up €832 (+100.7%), from €826 to €1,658
- Financial charges -€744
down €744 (-17.1%), from €4,361 to €3,617
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 | €46,796 | €30,003 | -€16,793 | -35.9% |
| Fixed assets | 21/28 | €26,523 | €10,430 | -€16,093 | -60.7% |
| Tangible fixed assets | 22/27 | €24,923 | €8,830 | -€16,093 | -64.6% |
| Plant, machinery and equipment | 23 | €2,300 | €1,072 | -€1,228 | -53.4% |
| Furniture and vehicles | 24 | €12,642 | - | -€12,642 | |
| Leasing and similar rights | 25 | €8,138 | €6,328 | -€1,810 | -22.2% |
| Other tangible fixed assets | 26 | €1,843 | €1,430 | -€413 | -22.4% |
| Financial fixed assets | 28 | €1,600 | €1,600 | = | 0.0% |
| Current assets | 29/58 | €20,273 | €19,573 | -€700 | -3.5% |
| Stocks and contracts in progress | 3 | €13,784 | €11,721 | -€2,063 | -15.0% |
| Stocks | 30/36 | €13,784 | €11,721 | -€2,063 | -15.0% |
| Amounts receivable within one year | 40/41 | €2,269 | €2,165 | -€104 | -4.6% |
| Trade receivables | 40 | €695 | €731 | +€36 | +5.2% |
| Other amounts receivable | 41 | €1,574 | €1,434 | -€140 | -8.9% |
| Cash at bank and in hand | 54/58 | €4,070 | €5,513 | +€1,443 | +35.5% |
| Deferred charges and accrued income | 490/1 | €151 | €174 | +€24 | +15.6% |
| Total equity and liabilities | 10/49 | €46,796 | €30,003 | -€16,793 | -35.9% |
| Equity | 10/15 | -€10,309 | -€14,914 | -€4,605 | -44.7% |
| Contributions | 10/11 | €9,916 | €9,916 | = | 0.0% |
| Contributions outside capital | 11 | €9,916 | - | -€9,916 | |
| Other | 1109/19 | €9,916 | - | -€9,916 | |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€22,084 | -€26,689 | -€4,605 | -20.9% |
| Amounts payable | 17/49 | €57,104 | €44,917 | -€12,187 | -21.3% |
| Amounts payable after more than one year | 17 | €18,795 | €14,444 | -€4,351 | -23.2% |
| Financial debts | 170/4 | €18,795 | €14,444 | -€4,351 | -23.2% |
| Amounts payable within one year | 42/48 | €38,095 | €30,473 | -€7,623 | -20.0% |
| Current portion of amounts payable after more than one year | 42 | €4,856 | €4,301 | -€555 | -11.4% |
| Trade debts | 44 | €18,876 | €20,801 | +€1,925 | +10.2% |
| Suppliers | 440/4 | €18,876 | €20,801 | +€1,925 | +10.2% |
| Taxes, remuneration and social security | 45 | €12,356 | €5,371 | -€6,985 | -56.5% |
| Taxes | 450/3 | €1,168 | - | -€1,168 | |
| Remuneration and social security | 454/9 | €11,187 | €5,371 | -€5,817 | -52.0% |
| Other amounts payable | 47/48 | €2,008 | - | -€2,008 | |
| Accrued charges and deferred income | 492/3 | €214 | - | -€214 | |
| Non-recurring operating income | 76A | €2,438 | €6,864 | +€4,425 | +181.5% |
| Remuneration, social security and pensions | 62 | - | €1,681 | +€1,681 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,577 | €3,451 | -€3,126 | -47.5% |
| Other operating charges | 640/8 | €826 | €1,658 | +€832 | +100.7% |
| Gross operating margin | 9900 | -€4,652 | €5,782 | +€10,434 | |
| Operating profit (loss) | 9901 | -€12,056 | -€1,008 | +€11,047 | +91.6% |
| Financial income | 75/76B | €42 | €20 | -€22 | -53.1% |
| Recurring financial income | 75 | €42 | €20 | -€22 | -53.1% |
| Financial charges | 65/66B | €4,361 | €3,617 | -€744 | -17.1% |
| Recurring financial charges | 65 | €4,361 | €3,617 | -€744 | -17.1% |
| Profit (loss) for the period before taxes | 9903 | -€16,374 | -€4,605 | +€11,769 | +71.9% |
| Profit (loss) for the period | 9904 | -€16,374 | -€4,605 | +€11,769 | +71.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€16,374 | -€4,605 | +€11,769 | +71.9% |
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 9 October 2026 via checked.be.