BEVEKOM: 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.
BEVEKOM
Largest movements
- Cash +€454,952
up €454,952 (+281%), from €161,997 to €616,948
mainly Investment in fixed assets (net) (+€394,280) and Current investments (+€150,000)
- Financial fixed assets -€392,485
down €392,485 (-98.7%), from €397,485 to €5,000
- Receivables within one year +€181,434
up €181,434 (+1,372%), from €13,222 to €194,656
of which Other amounts receivable: +€124,778
- Current investments -€150,000
down €150,000 (-75.0%), from €200,000 to €50,000
- Tangible fixed assets -€37,394
down €37,394 (-5.4%), from €689,048 to €651,654
of which Land and buildings: -€23,314
- Other debts +€113,331
up €113,331 (+2,237%), from €5,067 to €118,398
- Debts after one year -€27,194
down €27,194 (-8.0%), from €340,933 to €313,739
- Tax, wage and social debts -€22,798
down €22,798 (-75.2%), from €30,307 to €7,509
- Gross operating margin +€104,249
up €104,249 (+121%), from €86,241 to €190,490
- Taxes +€20,387
up €20,387 (+78.9%), from €25,852 to €46,239
- Depreciation -€8,352
down €8,352 (-19.0%), from €43,951 to €35,600
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 | €1,476,593 | €1,533,354 | +€56,762 | +3.8% |
| Fixed assets | 21/28 | €1,086,534 | €656,654 | -€429,880 | -39.6% |
| Tangible fixed assets | 22/27 | €689,048 | €651,654 | -€37,394 | -5.4% |
| Land and buildings | 22 | €626,907 | €603,593 | -€23,314 | -3.7% |
| Plant, machinery and equipment | 23 | €1,138 | €581 | -€557 | -48.9% |
| Furniture and vehicles | 24 | €28,210 | €18,568 | -€9,642 | -34.2% |
| Other tangible fixed assets | 26 | €32,793 | €28,911 | -€3,882 | -11.8% |
| Financial fixed assets | 28 | €397,485 | €5,000 | -€392,485 | -98.7% |
| Current assets | 29/58 | €390,059 | €876,701 | +€486,642 | +125% |
| Amounts receivable within one year | 40/41 | €13,222 | €194,656 | +€181,434 | +1,372% |
| Trade receivables | 40 | €13,000 | €69,656 | +€56,656 | +436% |
| Other amounts receivable | 41 | €222 | €125,000 | +€124,778 | +56,092% |
| Current investments | 50/53 | €200,000 | €50,000 | -€150,000 | -75.0% |
| Cash at bank and in hand | 54/58 | €161,997 | €616,948 | +€454,952 | +281% |
| Deferred charges and accrued income | 490/1 | €14,840 | €15,096 | +€256 | +1.7% |
| Total equity and liabilities | 10/49 | €1,476,593 | €1,533,354 | +€56,762 | +3.8% |
| Equity | 10/15 | €1,043,290 | €1,036,842 | -€6,448 | -0.6% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,024,698 | €1,018,250 | -€6,448 | -0.6% |
| Tax-exempt reserves | 132 | €236,988 | €232,632 | -€4,355 | -1.8% |
| Distributable reserves | 133 | €787,711 | €785,618 | -€2,093 | -0.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Provisions and deferred taxes | 16 | €27,672 | €26,583 | -€1,089 | -3.9% |
| Deferred taxes | 168 | €27,672 | €26,583 | -€1,089 | -3.9% |
| Amounts payable | 17/49 | €405,630 | €469,929 | +€64,299 | +15.9% |
| Amounts payable after more than one year | 17 | €340,933 | €313,739 | -€27,194 | -8.0% |
| Financial debts | 170/4 | €340,933 | €313,739 | -€27,194 | -8.0% |
| Amounts payable within one year | 42/48 | €64,697 | €156,190 | +€91,493 | +141% |
| Current portion of amounts payable after more than one year | 42 | €28,605 | €27,194 | -€1,411 | -4.9% |
| Trade debts | 44 | €718 | €3,089 | +€2,371 | +330% |
| Suppliers | 440/4 | €718 | €3,089 | +€2,371 | +330% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €30,307 | €7,509 | -€22,798 | -75.2% |
| Taxes | 450/3 | €30,307 | €7,509 | -€22,798 | -75.2% |
| Other amounts payable | 47/48 | €5,067 | €118,398 | +€113,331 | +2,237% |
| Non-recurring operating income | 76A | €0 | €40,571 | +€40,571 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €43,951 | €35,600 | -€8,352 | -19.0% |
| Other operating charges | 640/8 | €5,538 | €6,134 | +€596 | +10.8% |
| Gross operating margin | 9900 | €86,241 | €190,490 | +€104,249 | +121% |
| Operating profit (loss) | 9901 | €36,751 | €148,756 | +€112,005 | +305% |
| Financial income | 75/76B | €11,501 | €11,196 | -€305 | -2.7% |
| Recurring financial income | 75 | €11,501 | €11,196 | -€305 | -2.7% |
| Financial charges | 65/66B | €5,755 | €6,233 | +€477 | +8.3% |
| Recurring financial charges | 65 | €5,755 | €6,233 | +€477 | +8.3% |
| Profit (loss) for the period before taxes | 9903 | €42,496 | €153,719 | +€111,223 | +262% |
| Transfer from deferred taxes | 780 | €1,089 | €1,089 | = | 0.0% |
| Income taxes | 67/77 | €25,852 | €46,239 | +€20,387 | +78.9% |
| Profit (loss) for the period | 9904 | €17,733 | €108,569 | +€90,836 | +512% |
| Transfer from tax-exempt reserves | 789 | €4,355 | €4,355 | = | 0.0% |
| Transfer to tax-exempt reserves | 689 | €0 | - | = | |
| Profit (loss) for the period to be appropriated | 9905 | €22,089 | €112,925 | +€90,836 | +411% |
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 16 October 2026 via checked.be.