Beko Construct: 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 Construct
Largest movements
- Receivables within one year +€37,702
up €37,702 (+43.4%), from €86,797 to €124,499
of which Other amounts receivable: +€21,530
- Cash +€31,033
up €31,033 (+125%), from €24,815 to €55,848
mainly Net result for the year (+€68,021) and Depreciation (+€20,158)
- Tangible fixed assets +€25,252
up €25,252 (+11.0%), from €230,467 to €255,720
of which Assets under construction and advance payments: +€17,052
- Reserves +€68,021
up €68,021 (+82.5%), from €82,491 to €150,512
- Current portion of long-term debt +€17,990
up €17,990 (+180%), from €10,014 to €28,004
- Tax, wage and social debts +€13,105
up €13,105 (+49.2%), from €26,637 to €39,742
- Debts after one year -€10,677
down €10,677 (-5.8%), from €183,636 to €172,959
- Trade debts +€5,549
up €5,549 (+17.3%), from €32,100 to €37,649
- Gross operating margin -€24,965
down €24,965 (-17.6%), from €141,907 to €116,942
- Depreciation -€13,222
down €13,222 (-39.6%), from €33,381 to €20,158
- Financial charges +€4,746
up €4,746 (+183%), from €2,598 to €7,344
- Taxes -€3,316
down €3,316 (-15.4%), from €21,529 to €18,213
- Other operating charges +€2,167
up €2,167 (+106%), from €2,036 to €4,202
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 | €344,743 | €438,730 | +€93,987 | +27.3% |
| Fixed assets | 21/28 | €230,468 | €255,720 | +€25,252 | +11.0% |
| Intangible fixed assets | 21 | €1 | €1 | -€0 | -23.8% |
| Tangible fixed assets | 22/27 | €230,467 | €255,720 | +€25,252 | +11.0% |
| Land and buildings | 22 | €184,699 | €176,837 | -€7,863 | -4.3% |
| Furniture and vehicles | 24 | €45,768 | €61,831 | +€16,063 | +35.1% |
| Assets under construction and advance payments | 27 | - | €17,052 | +€17,052 | |
| Current assets | 29/58 | €114,275 | €183,010 | +€68,735 | +60.1% |
| Stocks and contracts in progress | 3 | €2,663 | €2,663 | = | 0.0% |
| Stocks | 30/36 | €2,663 | €2,663 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €86,797 | €124,499 | +€37,702 | +43.4% |
| Trade receivables | 40 | €73,332 | €89,504 | +€16,172 | +22.1% |
| Other amounts receivable | 41 | €13,465 | €34,995 | +€21,530 | +160% |
| Cash at bank and in hand | 54/58 | €24,815 | €55,848 | +€31,033 | +125% |
| Total equity and liabilities | 10/49 | €344,743 | €438,730 | +€93,987 | +27.3% |
| Equity | 10/15 | €87,491 | €155,512 | +€68,021 | +77.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €82,491 | €150,512 | +€68,021 | +82.5% |
| Distributable reserves | 133 | €82,491 | €150,512 | +€68,021 | +82.5% |
| Amounts payable | 17/49 | €257,252 | €283,218 | +€25,966 | +10.1% |
| Amounts payable after more than one year | 17 | €183,636 | €172,959 | -€10,677 | -5.8% |
| Financial debts | 170/4 | €183,636 | €172,959 | -€10,677 | -5.8% |
| Amounts payable within one year | 42/48 | €73,616 | €110,259 | +€36,643 | +49.8% |
| Current portion of amounts payable after more than one year | 42 | €10,014 | €28,004 | +€17,990 | +180% |
| Trade debts | 44 | €32,100 | €37,649 | +€5,549 | +17.3% |
| Suppliers | 440/4 | €32,100 | €37,649 | +€5,549 | +17.3% |
| Advances received on contracts in progress | 46 | €4,864 | €4,864 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €26,637 | €39,742 | +€13,105 | +49.2% |
| Taxes | 450/3 | €26,637 | €39,742 | +€13,105 | +49.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,381 | €20,158 | -€13,222 | -39.6% |
| Other operating charges | 640/8 | €2,036 | €4,202 | +€2,167 | +106% |
| Gross operating margin | 9900 | €141,907 | €116,942 | -€24,965 | -17.6% |
| Operating profit (loss) | 9901 | €106,490 | €92,581 | -€13,909 | -13.1% |
| Financial income | 75/76B | €127 | €997 | +€870 | +683% |
| Recurring financial income | 75 | €127 | €997 | +€870 | +683% |
| Financial charges | 65/66B | €2,598 | €7,344 | +€4,746 | +183% |
| Recurring financial charges | 65 | €2,598 | €7,344 | +€4,746 | +183% |
| Profit (loss) for the period before taxes | 9903 | €104,019 | €86,234 | -€17,785 | -17.1% |
| Income taxes | 67/77 | €21,529 | €18,213 | -€3,316 | -15.4% |
| Profit (loss) for the period | 9904 | €82,491 | €68,021 | -€14,469 | -17.5% |
| Profit (loss) for the period to be appropriated | 9905 | €82,491 | €68,021 | -€14,469 | -17.5% |
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 24 October 2026 via checked.be.