B.E.T.B.: 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.
B.E.T.B.
Largest movements
- Receivables within one year +€281,938
up €281,938 (+757.8%), from €37,204 to €319,143
of which Trade receivables: +€289,289
- Tangible fixed assets +€193,926
up €193,926 (+28.0%), from €693,047 to €886,973
of which Land and buildings: +€194,297
- Stocks and contracts -€131,152
down €131,152 (-45.9%), from €285,537 to €154,384
- Cash -€15,396
down €15,396 (-74.3%), from €20,724 to €5,328
mainly Receivables within one year (-€281,938) and Investment in fixed assets (net) (-€218,403)
- Debts after one year +€121,542
up €121,542 (+70.3%), from €172,993 to €294,534
- Trade debts +€105,029
up €105,029 (+408.1%), from €25,733 to €130,763
- Tax, wage and social debts +€71,914
up €71,914 (+23467.6%), from €306 to €72,221
- Other debts +€24,896
up €24,896 (+4.2%), from €588,323 to €613,219
- Turnover +€729,501
new in 2025: €729,501
- Other operating charges +€279,998
up €279,998 (+13192.2%), from €2,122 to €282,120
- Gross operating margin +€274,501
up €274,501 (+630.9%), from €43,508 to €318,010
- Purchases and services +€190,964
new in 2025: €190,964
- Depreciation -€11,037
down €11,037 (-31.1%), from €35,514 to €24,477
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 | €1,036,512 | €1,365,828 | +€329,316 | +31.8% |
| Fixed assets | 21/28 | €693,047 | €886,973 | +€193,926 | +28.0% |
| Tangible fixed assets | 22/27 | €693,047 | €886,973 | +€193,926 | +28.0% |
| Land and buildings | 22 | €685,971 | €880,268 | +€194,297 | +28.3% |
| Plant, machinery and equipment | 23 | €2,287 | €2,869 | +€582 | +25.5% |
| Furniture and vehicles | 24 | €4,788 | €3,835 | -€953 | -19.9% |
| Financial fixed assets | 28 | - | €0 | = | |
| Current assets | 29/58 | €343,465 | €478,855 | +€135,390 | +39.4% |
| Stocks and contracts in progress | 3 | €285,537 | €154,384 | -€131,152 | -45.9% |
| Stocks | 30/36 | €285,537 | €154,384 | -€131,152 | -45.9% |
| Amounts receivable within one year | 40/41 | €37,204 | €319,143 | +€281,938 | +757.8% |
| Trade receivables | 40 | €29,316 | €318,605 | +€289,289 | +986.8% |
| Other amounts receivable | 41 | €7,888 | €538 | -€7,350 | -93.2% |
| Cash at bank and in hand | 54/58 | €20,724 | €5,328 | -€15,396 | -74.3% |
| Total equity and liabilities | 10/49 | €1,036,512 | €1,365,828 | +€329,316 | +31.8% |
| Equity | 10/15 | €214,155 | €216,366 | +€2,211 | +1.0% |
| Contributions | 10/11 | €6,205 | €6,205 | = | 0.0% |
| Outside capital | 11 | €6,205 | €6,205 | = | 0.0% |
| Other | 1109/19 | €6,205 | €6,205 | = | 0.0% |
| Reserves | 13 | €205,050 | €204,108 | -€942 | -0.5% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €13,190 | €12,248 | -€942 | -7.1% |
| Distributable reserves | 133 | €190,000 | €190,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,900 | €6,053 | +€3,153 | +108.7% |
| Provisions and deferred taxes | 16 | €6,792 | €6,307 | -€485 | -7.1% |
| Deferred taxes | 168 | €6,792 | €6,307 | -€485 | -7.1% |
| Amounts payable | 17/49 | €815,565 | €1,143,155 | +€327,590 | +40.2% |
| Amounts payable after more than one year | 17 | €172,993 | €294,534 | +€121,542 | +70.3% |
| Financial debts | 170/4 | €172,993 | €294,534 | +€121,542 | +70.3% |
| Amounts payable within one year | 42/48 | €642,572 | €848,620 | +€206,049 | +32.1% |
| Current portion of amounts payable after more than one year | 42 | €28,210 | €32,418 | +€4,209 | +14.9% |
| Trade debts | 44 | €25,733 | €130,763 | +€105,029 | +408.1% |
| Suppliers | 440/4 | €25,733 | €130,763 | +€105,029 | +408.1% |
| Taxes, remuneration and social security | 45 | €306 | €72,221 | +€71,914 | +23467.6% |
| Taxes | 450/3 | €306 | €72,221 | +€71,914 | +23467.6% |
| Other amounts payable | 47/48 | €588,323 | €613,219 | +€24,896 | +4.2% |
| Turnover | 70 | - | €729,501 | +€729,501 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €190,964 | +€190,964 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,514 | €24,477 | -€11,037 | -31.1% |
| Other operating charges | 640/8 | €2,122 | €282,120 | +€279,998 | +13192.2% |
| Gross operating margin | 9900 | €43,508 | €318,010 | +€274,501 | +630.9% |
| Operating profit (loss) | 9901 | €5,872 | €11,412 | +€5,541 | +94.4% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €4,578 | €8,549 | +€3,971 | +86.7% |
| Recurring financial charges | 65 | €4,578 | €8,549 | +€3,971 | +86.7% |
| Profit (loss) for the period before taxes | 9903 | €1,294 | €2,864 | +€1,570 | +121.3% |
| Transfer from deferred taxes | 780 | €485 | €485 | = | 0.0% |
| Income taxes | 67/77 | €306 | €1,138 | +€831 | +271.3% |
| Profit (loss) for the period | 9904 | €1,473 | €2,211 | +€738 | +50.1% |
| Transfer from tax-exempt reserves | 789 | €942 | €942 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €2,415 | €3,153 | +€738 | +30.6% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.