BEYCE: 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.
BEYCE
Largest movements
- Receivables within one year -€150,503
down €150,503 (-43.5%), from €345,864 to €195,361
of which Trade receivables: -€246,506
- Stocks and contracts +€59,856
up €59,856 (+49.9%), from €119,968 to €179,823
- Tangible fixed assets -€29,910
down €29,910 (-84.4%), from €35,450 to €5,540
of which Furniture and vehicles: -€16,842
- Cash +€23,122
up €23,122 (+51.1%), from €45,231 to €68,353
mainly Receivables within one year (+€150,503) and Net result for the year (+€80,697)
- Trade debts -€213,340
down €213,340 (-55.1%), from €386,918 to €173,578
- Profit (loss) carried forward +€80,697
up €80,697 (+102.5%), from €78,703 to €159,400
- Tax, wage and social debts +€38,330
up €38,330 (+63.5%), from €60,330 to €98,660
of which Taxes: +€19,572
- Gross operating margin +€70,594
up €70,594 (+50.4%), from €139,951 to €210,545
- Taxes +€29,580
up €29,580 (+195.3%), from €15,148 to €44,728
- Staff costs +€26,639
up €26,639 (+126.7%), from €21,029 to €47,668
- Other operating charges +€18,658
up €18,658 (+272.0%), from €6,860 to €25,518
- Financial income +€3,109
up €3,109 (+134.3%), from €2,314 to €5,423
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €549,411 | €452,161 | -€97,250 | -17.7% |
| Fixed assets | 21/28 | €38,348 | €8,438 | -€29,910 | -78.0% |
| Tangible fixed assets | 22/27 | €35,450 | €5,540 | -€29,910 | -84.4% |
| Plant, machinery and equipment | 23 | €5,733 | €3,618 | -€2,115 | -36.9% |
| Furniture and vehicles | 24 | €18,764 | €1,922 | -€16,842 | -89.8% |
| Other tangible fixed assets | 26 | €10,953 | - | -€10,953 | |
| Financial fixed assets | 28 | €2,898 | €2,898 | = | 0.0% |
| Current assets | 29/58 | €511,063 | €443,723 | -€67,340 | -13.2% |
| Stocks and contracts in progress | 3 | €119,968 | €179,823 | +€59,856 | +49.9% |
| Stocks | 30/36 | €119,968 | €179,823 | +€59,856 | +49.9% |
| Amounts receivable within one year | 40/41 | €345,864 | €195,361 | -€150,503 | -43.5% |
| Trade receivables | 40 | €304,168 | €57,662 | -€246,506 | -81.0% |
| Other amounts receivable | 41 | €41,696 | €137,699 | +€96,003 | +230.2% |
| Cash at bank and in hand | 54/58 | €45,231 | €68,353 | +€23,122 | +51.1% |
| Deferred charges and accrued income | 490/1 | - | €185 | +€185 | |
| Total equity and liabilities | 10/49 | €549,411 | €452,161 | -€97,250 | -17.7% |
| Equity | 10/15 | €99,163 | €179,860 | +€80,697 | +81.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | - | €1,860 | +€1,860 | |
| Profit (loss) carried forward | 14 | €78,703 | €159,400 | +€80,697 | +102.5% |
| Amounts payable | 17/49 | €450,248 | €272,302 | -€177,947 | -39.5% |
| Amounts payable within one year | 42/48 | €447,248 | €272,238 | -€175,010 | -39.1% |
| Trade debts | 44 | €386,918 | €173,578 | -€213,340 | -55.1% |
| Suppliers | 440/4 | €386,918 | €173,578 | -€213,340 | -55.1% |
| Taxes, remuneration and social security | 45 | €60,330 | €98,660 | +€38,330 | +63.5% |
| Taxes | 450/3 | €54,684 | €74,256 | +€19,572 | +35.8% |
| Remuneration and social security | 454/9 | €5,646 | €24,404 | +€18,758 | +332.2% |
| Accrued charges and deferred income | 492/3 | €3,000 | €64 | -€2,936 | -97.9% |
| Remuneration, social security and pensions | 62 | €21,029 | €47,668 | +€26,639 | +126.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,349 | €13,932 | -€2,416 | -14.8% |
| Other operating charges | 640/8 | €6,860 | €25,518 | +€18,658 | +272.0% |
| Gross operating margin | 9900 | €139,951 | €210,545 | +€70,594 | +50.4% |
| Operating profit (loss) | 9901 | €95,714 | €123,427 | +€27,713 | +29.0% |
| Financial income | 75/76B | €2,314 | €5,423 | +€3,109 | +134.3% |
| Recurring financial income | 75 | €2,314 | €5,423 | +€3,109 | +134.3% |
| Financial charges | 65/66B | €4,996 | €3,425 | -€1,570 | -31.4% |
| Recurring financial charges | 65 | €4,996 | €3,425 | -€1,570 | -31.4% |
| Profit (loss) for the period before taxes | 9903 | €93,032 | €125,424 | +€32,392 | +34.8% |
| Income taxes | 67/77 | €15,148 | €44,728 | +€29,580 | +195.3% |
| Profit (loss) for the period | 9904 | €77,884 | €80,697 | +€2,812 | +3.6% |
| Profit (loss) for the period to be appropriated | 9905 | €77,884 | €80,697 | +€2,812 | +3.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.