BEWICA: 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.
BEWICA
Largest movements
- Cash -€17,219
down €17,219 (-79.0%), from €21,787 to €4,568
mainly Current investments (-€7,216) and Investment in fixed assets (net) (-€6,950)
- Current investments +€7,216
up €7,216 (+4.0%), from €181,155 to €188,371
- Tax, wage and social debts -€4,823
no longer reported in 2025 (was €4,823)
- Financial income +€6,519
up €6,519 (+361.2%), from €1,805 to €8,324
- Depreciation +€592
up €592 (+15.1%), from €3,915 to €4,507
- Taxes +€442
up €442 (+4424.1%), from €10 to €452
- Gross operating margin +€395
up €395 (+9.4%), from -€4,178 to -€3,784
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 | €313,039 | €307,216 | -€5,822 | -1.9% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €90,190 | €92,633 | +€2,443 | +2.7% |
| Tangible fixed assets | 22/27 | €90,190 | €92,633 | +€2,443 | +2.7% |
| Land and buildings | 22 | €90,190 | €86,275 | -€3,915 | -4.3% |
| Plant, machinery and equipment | 23 | - | €6,358 | +€6,358 | |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Current assets | 29/58 | €222,849 | €214,584 | -€8,265 | -3.7% |
| Amounts receivable within one year | 40/41 | €19,814 | €21,601 | +€1,788 | +9.0% |
| Other amounts receivable | 41 | €19,814 | €21,601 | +€1,788 | +9.0% |
| Current investments | 50/53 | €181,155 | €188,371 | +€7,216 | +4.0% |
| Cash at bank and in hand | 54/58 | €21,787 | €4,568 | -€17,219 | -79.0% |
| Deferred charges and accrued income | 490/1 | €93 | €44 | -€49 | -53.0% |
| Total equity and liabilities | 10/49 | €313,039 | €307,216 | -€5,822 | -1.9% |
| Equity | 10/15 | €308,216 | €307,216 | -€1,000 | -0.3% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €124,000 | €124,000 | = | 0.0% |
| Uncalled capital | 101 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €157,338 | €157,338 | = | 0.0% |
| Non-distributable reserves | 130/1 | €12,400 | €12,400 | = | 0.0% |
| Legal reserve | 130 | €12,400 | €12,400 | = | 0.0% |
| Distributable reserves | 133 | €144,938 | €144,938 | = | 0.0% |
| Profit (loss) carried forward | 14 | €88,878 | €87,878 | -€1,000 | -1.1% |
| Amounts payable | 17/49 | €4,823 | - | -€4,823 | |
| Amounts payable within one year | 42/48 | €4,823 | - | -€4,823 | |
| Taxes, remuneration and social security | 45 | €4,823 | - | -€4,823 | |
| Taxes | 450/3 | €4,823 | - | -€4,823 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,915 | €4,507 | +€592 | +15.1% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | -€4,178 | -€3,784 | +€395 | +9.4% |
| Operating profit (loss) | 9901 | -€8,480 | -€8,690 | -€210 | -2.5% |
| Financial income | 75/76B | €1,805 | €8,324 | +€6,519 | +361.2% |
| Recurring financial income | 75 | €1,805 | €8,324 | +€6,519 | +361.2% |
| Financial charges | 65/66B | €166 | €181 | +€15 | +9.1% |
| Recurring financial charges | 65 | €166 | €181 | +€15 | +9.1% |
| Profit (loss) for the period before taxes | 9903 | -€6,841 | -€547 | +€6,294 | +92.0% |
| Income taxes | 67/77 | €10 | €452 | +€442 | +4424.1% |
| Profit (loss) for the period | 9904 | -€6,851 | -€1,000 | +€5,851 | +85.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,851 | -€1,000 | +€5,851 | +85.4% |
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 9 October 2026 via checked.be.