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.
Becop Consulting
Largest movements
- Financial fixed assets +€714,438
new in 2025: €714,438
- Receivables within one year +€28,759
up €28,759 (+29.1%), from €98,893 to €127,653
of which Trade receivables: +€45,039
- Debts after one year +€456,046
new in 2025: €456,046
- Other debts +€89,521
new in 2025: €89,521
- Profit (loss) carried forward +€76,872
up €76,872 (+133.3%), from €57,651 to €134,523
- Current portion of long-term debt +€70,904
new in 2025: €70,904
- Tax, wage and social debts +€30,486
up €30,486 (+208.4%), from €14,627 to €45,113
of which Taxes: +€30,012
- Gross operating margin +€113,343
up €113,343 (+209.5%), from €54,091 to €167,433
- Taxes +€31,955
up €31,955 (+17126.7%), from €187 to €32,142
- Financial charges +€7,444
up €7,444 (+1232.3%), from €604 to €8,048
- Depreciation +€5,689
up €5,689 (+324.6%), from €1,753 to €7,442
- Financial income -€3,494
no longer reported in 2025 (was €3,494)
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 | €107,484 | €859,977 | +€752,492 | +700.1% |
| Fixed assets | 21/28 | €2,788 | €722,756 | +€719,968 | +25827.6% |
| Tangible fixed assets | 22/27 | €2,788 | €8,319 | +€5,531 | +198.4% |
| Furniture and vehicles | 24 | €2,788 | €8,319 | +€5,531 | +198.4% |
| Financial fixed assets | 28 | - | €714,438 | +€714,438 | |
| Current assets | 29/58 | €104,697 | €137,220 | +€32,524 | +31.1% |
| Amounts receivable within one year | 40/41 | €98,893 | €127,653 | +€28,759 | +29.1% |
| Trade receivables | 40 | €42,418 | €87,457 | +€45,039 | +106.2% |
| Other amounts receivable | 41 | €56,475 | €40,195 | -€16,279 | -28.8% |
| Cash at bank and in hand | 54/58 | €4,091 | €8,514 | +€4,424 | +108.1% |
| Deferred charges and accrued income | 490/1 | €1,713 | €1,054 | -€659 | -38.5% |
| Total equity and liabilities | 10/49 | €107,484 | €859,977 | +€752,492 | +700.1% |
| Equity | 10/15 | €59,651 | €136,523 | +€76,872 | +128.9% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €57,651 | €134,523 | +€76,872 | +133.3% |
| Amounts payable | 17/49 | €47,833 | €723,453 | +€675,620 | +1412.5% |
| Amounts payable after more than one year | 17 | - | €456,046 | +€456,046 | |
| Financial debts | 170/4 | - | €456,046 | +€456,046 | |
| Amounts payable within one year | 42/48 | €47,389 | €266,813 | +€219,425 | +463.0% |
| Current portion of amounts payable after more than one year | 42 | - | €70,904 | +€70,904 | |
| Trade debts | 44 | €32,762 | €61,276 | +€28,514 | +87.0% |
| Suppliers | 440/4 | €32,762 | €61,276 | +€28,514 | +87.0% |
| Taxes, remuneration and social security | 45 | €14,627 | €45,113 | +€30,486 | +208.4% |
| Taxes | 450/3 | €6,104 | €36,116 | +€30,012 | +491.7% |
| Remuneration and social security | 454/9 | €8,523 | €8,997 | +€474 | +5.6% |
| Other amounts payable | 47/48 | - | €89,521 | +€89,521 | |
| Accrued charges and deferred income | 492/3 | €445 | €595 | +€150 | +33.7% |
| Remuneration, social security and pensions | 62 | €39,107 | €41,426 | +€2,319 | +5.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,753 | €7,442 | +€5,689 | +324.6% |
| Other operating charges | 640/8 | €545 | €1,503 | +€958 | +175.7% |
| Gross operating margin | 9900 | €54,091 | €167,433 | +€113,343 | +209.5% |
| Operating profit (loss) | 9901 | €12,685 | €117,062 | +€104,377 | +822.8% |
| Financial income | 75/76B | €3,494 | - | -€3,494 | |
| Recurring financial income | 75 | €3,494 | - | -€3,494 | |
| Financial charges | 65/66B | €604 | €8,048 | +€7,444 | +1232.3% |
| Recurring financial charges | 65 | €604 | €8,048 | +€7,444 | +1232.3% |
| Profit (loss) for the period before taxes | 9903 | €15,575 | €109,014 | +€93,439 | +599.9% |
| Income taxes | 67/77 | €187 | €32,142 | +€31,955 | +17126.7% |
| Profit (loss) for the period | 9904 | €15,388 | €76,872 | +€61,484 | +399.6% |
| Profit (loss) for the period to be appropriated | 9905 | €15,388 | €76,872 | +€61,484 | +399.6% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.