BEKOVER: 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.
BEKOVER
Largest movements
- Current investments -€84,334
down €84,334 (-18.6%), from €453,626 to €369,292
- Cash +€77,594
up €77,594 (+39.7%), from €195,493 to €273,087
mainly Net result for the year (+€90,068) and Current investments (+€84,334)
- Tangible fixed assets -€17,286
down €17,286 (-29.9%), from €57,852 to €40,566
of which Furniture and vehicles: -€16,406
- Other debts -€97,626
down €97,626 (-99.5%), from €98,126 to €500
- Reserves +€90,068
up €90,068 (+14.0%), from €645,257 to €735,324
- Tax, wage and social debts -€9,215
down €9,215 (-87.8%), from €10,493 to €1,279
of which Taxes: -€6,383
- Gross operating margin -€174,431
down €174,431 (-59.7%), from €292,217 to €117,786
- Taxes -€55,029
down €55,029 (-58.1%), from €94,706 to €39,677
- Financial income -€11,956
down €11,956 (-25.9%), from €46,212 to €34,256
of which Financial income: -€6,034
- Financial charges +€10,354
up €10,354, from -€6,367 to €3,988
of which Financial charges: +€30,719
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 | €766,117 | €746,139 | -€19,977 | -2.6% |
| Fixed assets | 21/28 | €66,052 | €48,766 | -€17,286 | -26.2% |
| Tangible fixed assets | 22/27 | €57,852 | €40,566 | -€17,286 | -29.9% |
| Land and buildings | 22 | €266 | €0 | -€266 | -100% |
| Plant, machinery and equipment | 23 | €2,587 | €1,973 | -€614 | -23.7% |
| Furniture and vehicles | 24 | €54,999 | €38,593 | -€16,406 | -29.8% |
| Financial fixed assets | 28 | €8,200 | €8,200 | = | 0.0% |
| Current assets | 29/58 | €700,064 | €697,374 | -€2,691 | -0.4% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Other amounts receivable | 291 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €48,836 | €53,007 | +€4,171 | +8.5% |
| Trade receivables | 40 | €36,824 | €36,240 | -€584 | -1.6% |
| Other amounts receivable | 41 | €12,011 | €16,767 | +€4,756 | +39.6% |
| Current investments | 50/53 | €453,626 | €369,292 | -€84,334 | -18.6% |
| Cash at bank and in hand | 54/58 | €195,493 | €273,087 | +€77,594 | +39.7% |
| Deferred charges and accrued income | 490/1 | €2,110 | €1,988 | -€122 | -5.8% |
| Total equity and liabilities | 10/49 | €766,117 | €746,139 | -€19,977 | -2.6% |
| Equity | 10/15 | €651,457 | €741,524 | +€90,068 | +13.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €645,257 | €735,324 | +€90,068 | +14.0% |
| Distributable reserves | 133 | €645,257 | €735,324 | +€90,068 | +14.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €114,660 | €4,615 | -€110,045 | -96.0% |
| Amounts payable within one year | 42/48 | €114,660 | €4,615 | -€110,045 | -96.0% |
| Financial debts | 43 | €2,942 | €389 | -€2,552 | -86.8% |
| Credit institutions | 430/8 | €2,942 | €389 | -€2,552 | -86.8% |
| Trade debts | 44 | €3,099 | €2,447 | -€652 | -21.0% |
| Suppliers | 440/4 | €3,099 | €2,447 | -€652 | -21.0% |
| Taxes, remuneration and social security | 45 | €10,493 | €1,279 | -€9,215 | -87.8% |
| Taxes | 450/3 | €7,662 | €1,279 | -€6,383 | -83.3% |
| Remuneration and social security | 454/9 | €2,831 | €0 | -€2,831 | -100% |
| Other amounts payable | 47/48 | €98,126 | €500 | -€97,626 | -99.5% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,138 | €17,286 | -€852 | -4.7% |
| Other operating charges | 640/8 | €999 | €1,024 | +€25 | +2.5% |
| Gross operating margin | 9900 | €292,217 | €117,786 | -€174,431 | -59.7% |
| Operating profit (loss) | 9901 | €273,079 | €99,476 | -€173,603 | -63.6% |
| Financial income | 75/76B | €46,212 | €34,256 | -€11,956 | -25.9% |
| Recurring financial income | 75 | €11,648 | €5,614 | -€6,034 | -51.8% |
| Non-recurring financial income | 76B | €34,564 | €28,642 | -€5,922 | -17.1% |
| Financial charges | 65/66B | -€6,367 | €3,988 | +€10,354 | |
| Recurring financial charges | 65 | -€29,144 | €1,575 | +€30,719 | |
| Non-recurring financial charges | 66B | €22,777 | €2,413 | -€20,364 | -89.4% |
| Profit (loss) for the period before taxes | 9903 | €325,658 | €129,744 | -€195,913 | -60.2% |
| Income taxes | 67/77 | €94,706 | €39,677 | -€55,029 | -58.1% |
| Profit (loss) for the period | 9904 | €230,952 | €90,068 | -€140,885 | -61.0% |
| Profit (loss) for the period to be appropriated | 9905 | €230,952 | €90,068 | -€140,885 | -61.0% |
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 15 October 2026 via checked.be.