BEOCO: 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.
BEOCO
Largest movements
- Receivables within one year -€4,316
down €4,316 (-28.4%), from €15,196 to €10,880
of which Trade receivables: -€7,432
- Reserves -€5,231
down €5,231 (-2.9%), from €181,261 to €176,029
of which Distributable reserves: -€5,221
- Trade debts +€2,844
up €2,844 (+143.2%), from €1,986 to €4,830
- Gross operating margin +€17,520
up €17,520 (+31.4%), from €55,796 to €73,316
- Taxes +€5,160
up €5,160 (+27.4%), from €18,826 to €23,986
- Financial income +€850
up €850 (+103.7%), from €820 to €1,671
- Financial charges -€735
down €735 (-92.8%), from €792 to €57
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 | €189,891 | €185,620 | -€4,271 | -2.2% |
| Fixed assets | 21/28 | €77 | - | -€77 | |
| Tangible fixed assets | 22/27 | €77 | - | -€77 | |
| Furniture and vehicles | 24 | €77 | - | -€77 | |
| Current assets | 29/58 | €189,814 | €185,620 | -€4,194 | -2.2% |
| Amounts receivable within one year | 40/41 | €15,196 | €10,880 | -€4,316 | -28.4% |
| Trade receivables | 40 | €10,127 | €2,695 | -€7,432 | -73.4% |
| Other amounts receivable | 41 | €5,070 | €8,185 | +€3,116 | +61.5% |
| Cash at bank and in hand | 54/58 | €174,039 | €174,162 | +€123 | +0.1% |
| Deferred charges and accrued income | 490/1 | €579 | €579 | = | 0.0% |
| Total equity and liabilities | 10/49 | €189,891 | €185,620 | -€4,271 | -2.2% |
| Equity | 10/15 | €181,361 | €176,129 | -€5,231 | -2.9% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Reserves | 13 | €181,261 | €176,029 | -€5,231 | -2.9% |
| Non-distributable reserves | 130/1 | €10 | - | -€10 | |
| Reserves not available under the articles | 1311 | €10 | - | -€10 | |
| Distributable reserves | 133 | €181,251 | €176,029 | -€5,221 | -2.9% |
| Amounts payable | 17/49 | €8,531 | €9,491 | +€960 | +11.3% |
| Amounts payable within one year | 42/48 | €8,531 | €9,491 | +€960 | +11.3% |
| Trade debts | 44 | €1,986 | €4,830 | +€2,844 | +143.2% |
| Suppliers | 440/4 | €1,986 | €4,830 | +€2,844 | +143.2% |
| Taxes, remuneration and social security | 45 | €6,545 | €4,661 | -€1,883 | -28.8% |
| Taxes | 450/3 | €6,545 | €4,661 | -€1,883 | -28.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €77 | €77 | +€0 | 0.0% |
| Other operating charges | 640/8 | €714 | €698 | -€16 | -2.3% |
| Gross operating margin | 9900 | €55,796 | €73,316 | +€17,520 | +31.4% |
| Operating profit (loss) | 9901 | €55,004 | €72,540 | +€17,536 | +31.9% |
| Financial income | 75/76B | €820 | €1,671 | +€850 | +103.7% |
| Recurring financial income | 75 | €820 | €1,671 | +€850 | +103.7% |
| Financial charges | 65/66B | €792 | €57 | -€735 | -92.8% |
| Recurring financial charges | 65 | €792 | €57 | -€735 | -92.8% |
| Profit (loss) for the period before taxes | 9903 | €55,032 | €74,154 | +€19,121 | +34.7% |
| Income taxes | 67/77 | €18,826 | €23,986 | +€5,160 | +27.4% |
| Profit (loss) for the period | 9904 | €36,206 | €50,168 | +€13,962 | +38.6% |
| Profit (loss) for the period to be appropriated | 9905 | €36,206 | €50,168 | +€13,962 | +38.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.