BEYCO: 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.
BEYCO
Largest movements
- Stocks and contracts -€228,224
down €228,224 (-22.0%), from €1.0m to €810,555
- Receivables within one year +€106,703
up €106,703 (+7.0%), from €1.5m to €1.6m
of which Other amounts receivable: +€144,645
- Cash +€100,361
up €100,361 (+9.3%), from €1.1m to €1.2m
mainly Net result for the year (+€343,416) and Stocks and contracts (+€228,224)
- Tangible fixed assets -€67,783
down €67,783 (-9.8%), from €689,967 to €622,184
of which Land and buildings: -€42,541
- Reserves +€343,416
up €343,416 (+17.3%), from €2.0m to €2.3m
- Trade debts -€324,608
down €324,608 (-19.6%), from €1.7m to €1.3m
- Debts after one year -€63,745
down €63,745 (-32.0%), from €199,190 to €135,445
- Gross operating margin +€180,559
up €180,559 (+11.2%), from €1.6m to €1.8m
- Write-downs +€95,023
up €95,023 (+755.2%), from €12,583 to €107,607
- Other operating charges +€42,650
up €42,650 (+102.0%), from €41,833 to €84,483
- Staff costs +€32,218
up €32,218 (+3.5%), from €928,778 to €960,997
- Financial charges -€20,852
down €20,852 (-26.0%), from €80,312 to €59,460
of which Financial charges: -€20,852
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 | €4,390,420 | €4,300,047 | -€90,373 | -2.1% |
| Fixed assets | 21/28 | €701,016 | €636,118 | -€64,898 | -9.3% |
| Intangible fixed assets | 21 | €2,082 | €4,832 | +€2,750 | +132.1% |
| Tangible fixed assets | 22/27 | €689,967 | €622,184 | -€67,783 | -9.8% |
| Land and buildings | 22 | €536,949 | €494,408 | -€42,541 | -7.9% |
| Plant, machinery and equipment | 23 | €5,515 | €8,132 | +€2,618 | +47.5% |
| Furniture and vehicles | 24 | €147,503 | €119,644 | -€27,860 | -18.9% |
| Financial fixed assets | 28 | €8,967 | €9,102 | +€135 | +1.5% |
| Current assets | 29/58 | €3,689,404 | €3,663,929 | -€25,475 | -0.7% |
| Amounts receivable after more than one year | 29 | €26,410 | €18,028 | -€8,382 | -31.7% |
| Other amounts receivable | 291 | €26,410 | €18,028 | -€8,382 | -31.7% |
| Stocks and contracts in progress | 3 | €1,038,779 | €810,555 | -€228,224 | -22.0% |
| Stocks | 30/36 | €1,038,779 | €810,555 | -€228,224 | -22.0% |
| Amounts receivable within one year | 40/41 | €1,533,478 | €1,640,181 | +€106,703 | +7.0% |
| Trade receivables | 40 | €1,286,011 | €1,248,069 | -€37,941 | -3.0% |
| Other amounts receivable | 41 | €247,467 | €392,112 | +€144,645 | +58.5% |
| Cash at bank and in hand | 54/58 | €1,080,153 | €1,180,514 | +€100,361 | +9.3% |
| Deferred charges and accrued income | 490/1 | €10,583 | €14,651 | +€4,067 | +38.4% |
| Total equity and liabilities | 10/49 | €4,390,420 | €4,300,047 | -€90,373 | -2.1% |
| Equity | 10/15 | €2,029,154 | €2,372,571 | +€343,416 | +16.9% |
| Contributions | 10/11 | €43,840 | €43,840 | = | 0.0% |
| Reserves | 13 | €1,985,314 | €2,328,731 | +€343,416 | +17.3% |
| Distributable reserves | 133 | €1,985,314 | €2,328,731 | +€343,416 | +17.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €2,361,266 | €1,927,477 | -€433,789 | -18.4% |
| Amounts payable after more than one year | 17 | €199,190 | €135,445 | -€63,745 | -32.0% |
| Financial debts | 170/4 | €199,190 | €135,445 | -€63,745 | -32.0% |
| Amounts payable within one year | 42/48 | €2,160,488 | €1,790,443 | -€370,045 | -17.1% |
| Current portion of amounts payable after more than one year | 42 | €83,924 | €63,745 | -€20,179 | -24.0% |
| Financial debts | 43 | €33,806 | €30,495 | -€3,312 | -9.8% |
| Credit institutions | 430/8 | €33,806 | €30,495 | -€3,312 | -9.8% |
| Trade debts | 44 | €1,653,032 | €1,328,424 | -€324,608 | -19.6% |
| Suppliers | 440/4 | €1,653,032 | €1,328,424 | -€324,608 | -19.6% |
| Taxes, remuneration and social security | 45 | €183,249 | €167,115 | -€16,133 | -8.8% |
| Taxes | 450/3 | €67,542 | €48,001 | -€19,541 | -28.9% |
| Remuneration and social security | 454/9 | €115,707 | €119,114 | +€3,408 | +2.9% |
| Other amounts payable | 47/48 | €206,477 | €200,664 | -€5,814 | -2.8% |
| Accrued charges and deferred income | 492/3 | €1,588 | €1,589 | +€2 | +0.1% |
| Remuneration, social security and pensions | 62 | €928,778 | €960,997 | +€32,218 | +3.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €96,363 | €100,492 | +€4,129 | +4.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €12,583 | €107,607 | +€95,023 | +755.2% |
| Other operating charges | 640/8 | €41,833 | €84,483 | +€42,650 | +102.0% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €1,613,633 | €1,794,192 | +€180,559 | +11.2% |
| Operating profit (loss) | 9901 | €534,075 | €540,613 | +€6,538 | +1.2% |
| Financial income | 75/76B | €18,662 | €20,585 | +€1,923 | +10.3% |
| Recurring financial income | 75 | €18,662 | €20,585 | +€1,923 | +10.3% |
| Financial charges | 65/66B | €80,312 | €59,460 | -€20,852 | -26.0% |
| Recurring financial charges | 65 | €80,312 | €59,460 | -€20,852 | -26.0% |
| Non-recurring financial charges | 66B | €0 | - | = | |
| Profit (loss) for the period before taxes | 9903 | €472,425 | €501,739 | +€29,313 | +6.2% |
| Income taxes | 67/77 | €147,639 | €158,322 | +€10,684 | +7.2% |
| Profit (loss) for the period | 9904 | €324,787 | €343,416 | +€18,629 | +5.7% |
| Profit (loss) for the period to be appropriated | 9905 | €324,787 | €343,416 | +€18,629 | +5.7% |
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 6 October 2026 via checked.be.