BESA 1CONSTRUCT: 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.
BESA 1CONSTRUCT
Largest movements
- Tangible fixed assets +€31,124
up €31,124 (+325%), from €9,582 to €40,706
- Receivables within one year +€22,603
up €22,603 (+40.0%), from €56,562 to €79,165
of which Trade receivables: +€14,819
- Cash -€3,182
down €3,182 (-11.6%), from €27,451 to €24,269
mainly Investment in fixed assets (net) (-€34,545) and Receivables within one year (-€22,603)
- Deferred charges and accrued income +€1,695
new in 2025: €1,695
- Debts after one year +€36,320
new in 2025: €36,320
- Trade debts +€11,549
up €11,549 (+123%), from €9,394 to €20,943
- Profit (loss) carried forward +€4,371
up €4,371 (+5.4%), from €81,200 to €85,572
- Turnover -€64,906
down €64,906 (-22.0%), from €295,064 to €230,158
- Gross operating margin -€33,761
down €33,761 (-70.3%), from €48,008 to €14,247
- Purchases and services -€31,144
down €31,144 (-12.6%), from €247,056 to €215,911
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 | €93,594 | €145,835 | +€52,241 | +55.8% |
| Fixed assets | 21/28 | €9,582 | €40,706 | +€31,124 | +325% |
| Tangible fixed assets | 22/27 | €9,582 | €40,706 | +€31,124 | +325% |
| Furniture and vehicles | 24 | €9,582 | €40,706 | +€31,124 | +325% |
| Current assets | 29/58 | €84,013 | €105,129 | +€21,117 | +25.1% |
| Amounts receivable within one year | 40/41 | €56,562 | €79,165 | +€22,603 | +40.0% |
| Trade receivables | 40 | €1,042 | €15,861 | +€14,819 | +1,422% |
| Other amounts receivable | 41 | €55,520 | €63,303 | +€7,784 | +14.0% |
| Cash at bank and in hand | 54/58 | €27,451 | €24,269 | -€3,182 | -11.6% |
| Deferred charges and accrued income | 490/1 | - | €1,695 | +€1,695 | |
| Total equity and liabilities | 10/49 | €93,594 | €145,835 | +€52,241 | +55.8% |
| Equity | 10/15 | €84,200 | €88,572 | +€4,371 | +5.2% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €81,200 | €85,572 | +€4,371 | +5.4% |
| Amounts payable | 17/49 | €9,394 | €57,264 | +€47,870 | +510% |
| Amounts payable after more than one year | 17 | - | €36,320 | +€36,320 | |
| Financial debts | 170/4 | - | €36,320 | +€36,320 | |
| Amounts payable within one year | 42/48 | €9,394 | €20,943 | +€11,549 | +123% |
| Trade debts | 44 | €9,394 | €20,943 | +€11,549 | +123% |
| Suppliers | 440/4 | €9,394 | €20,943 | +€11,549 | +123% |
| Turnover | 70 | €295,064 | €230,158 | -€64,906 | -22.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €247,056 | €215,911 | -€31,144 | -12.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €830 | €3,421 | +€2,591 | +312% |
| Other operating charges | 640/8 | - | €1,891 | +€1,891 | |
| Gross operating margin | 9900 | €48,008 | €14,247 | -€33,761 | -70.3% |
| Operating profit (loss) | 9901 | €47,178 | €8,936 | -€38,242 | -81.1% |
| Financial income | 75/76B | €975 | €1,424 | +€449 | +46.1% |
| Recurring financial income | 75 | €975 | €1,305 | +€330 | +33.9% |
| Non-recurring financial income | 76B | - | €119 | +€119 | |
| Financial charges | 65/66B | €184 | €222 | +€39 | +21.0% |
| Recurring financial charges | 65 | €43 | €102 | +€60 | +141% |
| Non-recurring financial charges | 66B | €141 | €120 | -€21 | -15.1% |
| Profit (loss) for the period before taxes | 9903 | €47,969 | €10,137 | -€37,832 | -78.9% |
| Income taxes | 67/77 | €4,000 | €5,766 | +€1,766 | +44.1% |
| Profit (loss) for the period | 9904 | €43,969 | €4,371 | -€39,598 | -90.1% |
| Profit (loss) for the period to be appropriated | 9905 | €43,969 | €4,371 | -€39,598 | -90.1% |
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 31 October 2026 via checked.be.