BET 90: 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.
BET 90
Largest movements
- Receivables within one year -€672,708
down €672,708 (-74.7%), from €900,849 to €228,141
of which Trade receivables: -€438,709
- Receivables after one year -€248,506
no longer reported in 2025 (was €248,506)
- Tangible fixed assets -€170,973
no longer reported in 2025 (was €170,973)
- Intangible fixed assets -€99,283
no longer reported in 2025 (was €99,283)
- Cash -€19,608
down €19,608 (-50.5%), from €38,829 to €19,220
mainly Trade debts (-€1.4m) and Other debts (-€142,588)
- Trade debts -€1.4m
down €1.4m (-95.7%), from €1.5m to €62,577
- Tax, wage and social debts +€357,560
up €357,560 (+1,188%), from €30,103 to €387,663
of which Taxes: +€355,352
- Other debts -€142,588
down €142,588 (-97.6%), from €146,021 to €3,433
- Profit (loss) carried forward -€30,802
down €30,802 (-51.0%), from -€60,392 to -€91,194
- Gross operating margin +€650,383
up €650,383 (+117%), from €556,077 to €1.2m
- Other operating charges -€187,807
down €187,807 (-19.6%), from €960,054 to €772,247
- Financial charges +€97,975
up €97,975 (+59.0%), from €166,122 to €264,097
- Depreciation -€82,153
no longer reported in 2025 (was €82,153)
- Write-downs +€66,837
new in 2025: €66,837
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.
Derived cash bridge
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 | €1,605,338 | €389,980 | -€1.2m | -75.7% |
| Fixed assets | 21/28 | €412,684 | €142,618 | -€270,066 | -65.4% |
| Intangible fixed assets | 21 | €99,283 | - | -€99,283 | |
| Tangible fixed assets | 22/27 | €170,973 | - | -€170,973 | |
| Furniture and vehicles | 24 | €170,973 | - | -€170,973 | |
| Financial fixed assets | 28 | €142,428 | €142,618 | +€190 | +0.1% |
| Current assets | 29/58 | €1,192,655 | €247,362 | -€945,293 | -79.3% |
| Amounts receivable after more than one year | 29 | €248,506 | - | -€248,506 | |
| Other amounts receivable | 291 | €248,506 | - | -€248,506 | |
| Amounts receivable within one year | 40/41 | €900,849 | €228,141 | -€672,708 | -74.7% |
| Trade receivables | 40 | €469,849 | €31,140 | -€438,709 | -93.4% |
| Other amounts receivable | 41 | €431,000 | €197,001 | -€233,999 | -54.3% |
| Cash at bank and in hand | 54/58 | €38,829 | €19,220 | -€19,608 | -50.5% |
| Deferred charges and accrued income | 490/1 | €4,471 | - | -€4,471 | |
| Total equity and liabilities | 10/49 | €1,605,338 | €389,980 | -€1.2m | -75.7% |
| Equity | 10/15 | -€32,892 | -€63,694 | -€30,802 | -93.6% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €2,500 | €2,500 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,500 | €2,500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€60,392 | -€91,194 | -€30,802 | -51.0% |
| Amounts payable | 17/49 | €1,638,230 | €453,673 | -€1.2m | -72.3% |
| Amounts payable within one year | 42/48 | €1,638,230 | €453,673 | -€1.2m | -72.3% |
| Trade debts | 44 | €1,462,106 | €62,577 | -€1.4m | -95.7% |
| Suppliers | 440/4 | €1,462,106 | €62,577 | -€1.4m | -95.7% |
| Taxes, remuneration and social security | 45 | €30,103 | €387,663 | +€357,560 | +1,188% |
| Taxes | 450/3 | €22,322 | €377,674 | +€355,352 | +1,592% |
| Remuneration and social security | 454/9 | €7,781 | €9,989 | +€2,207 | +28.4% |
| Other amounts payable | 47/48 | €146,021 | €3,433 | -€142,588 | -97.6% |
| Non-recurring operating income | 76A | €206 | €973,464 | +€973,258 | +472,409% |
| Remuneration, social security and pensions | 62 | €131,654 | €86,598 | -€45,056 | -34.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €82,153 | - | -€82,153 | |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €66,837 | +€66,837 | |
| Other operating charges | 640/8 | €960,054 | €772,247 | -€187,807 | -19.6% |
| Gross operating margin | 9900 | €556,077 | €1,206,460 | +€650,383 | +117% |
| Operating profit (loss) | 9901 | -€617,784 | €280,778 | +€898,562 | |
| Financial income | 75/76B | €10 | €679 | +€669 | +6,811% |
| Recurring financial income | 75 | €10 | €679 | +€669 | +6,811% |
| Financial charges | 65/66B | €166,122 | €264,097 | +€97,975 | +59.0% |
| Recurring financial charges | 65 | €166,122 | €264,097 | +€97,975 | +59.0% |
| Profit (loss) for the period before taxes | 9903 | -€783,896 | €17,360 | +€801,257 | |
| Income taxes | 67/77 | - | €48,162 | +€48,162 | |
| Profit (loss) for the period | 9904 | -€783,896 | -€30,802 | +€753,095 | +96.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€783,896 | -€30,802 | +€753,095 | +96.1% |
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 18 October 2026 via checked.be.