BETA 1: 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.
BETA 1
Largest movements
- Cash +€6,982
up €6,982 (+130%), from €5,372 to €12,354
mainly Net result for the year (+€18,426) and Other debts (+€10,792)
- Stocks and contracts +€4,907
new in 2025: €4,907
- Receivables within one year +€3,469
up €3,469 (+20.2%), from €17,203 to €20,672
of which Other amounts receivable: +€3,479
- Tangible fixed assets +€3,345
up €3,345 (+165%), from €2,031 to €5,376
of which Plant, machinery and equipment: +€4,030
- Deferred charges and accrued income -€788
down €788 (-12.0%), from €6,563 to €5,775
- Other debts +€10,792
up €10,792 (+707%), from €1,525 to €12,317
- Profit (loss) carried forward +€3,426
up €3,426, from -€2,891 to €535
- Short-term financial debts +€1,766
up €1,766 (+26.2%), from €6,734 to €8,500
- Trade debts +€1,763
up €1,763 (+32.8%), from €5,370 to €7,133
- Purchases and services -€35,541
down €35,541 (-14.1%), from €252,927 to €217,386
- Gross operating margin +€30,154
up €30,154 (+1,859%), from €1,622 to €31,777
- Taxes +€6,175
up €6,175 (+1,784%), from €346 to €6,521
- Turnover -€5,387
down €5,387 (-2.1%), from €254,549 to €249,162
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 | €31,721 | €49,307 | +€17,586 | +55.4% |
| Fixed assets | 21/28 | €2,584 | €5,599 | +€3,015 | +117% |
| Intangible fixed assets | 21 | €553 | €223 | -€330 | -59.7% |
| Tangible fixed assets | 22/27 | €2,031 | €5,376 | +€3,345 | +165% |
| Plant, machinery and equipment | 23 | €605 | €4,635 | +€4,030 | +666% |
| Furniture and vehicles | 24 | €1,426 | €741 | -€685 | -48.0% |
| Current assets | 29/58 | €29,137 | €43,708 | +€14,571 | +50.0% |
| Stocks and contracts in progress | 3 | - | €4,907 | +€4,907 | |
| Stocks | 30/36 | - | €4,907 | +€4,907 | |
| Amounts receivable within one year | 40/41 | €17,203 | €20,672 | +€3,469 | +20.2% |
| Trade receivables | 40 | €17,203 | €17,193 | -€9 | -0.1% |
| Other amounts receivable | 41 | - | €3,479 | +€3,479 | |
| Cash at bank and in hand | 54/58 | €5,372 | €12,354 | +€6,982 | +130% |
| Deferred charges and accrued income | 490/1 | €6,563 | €5,775 | -€788 | -12.0% |
| Total equity and liabilities | 10/49 | €31,721 | €49,307 | +€17,586 | +55.4% |
| Equity | 10/15 | €5,109 | €8,535 | +€3,426 | +67.1% |
| Contributions | 10/11 | €8,000 | €8,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,891 | €535 | +€3,426 | |
| Amounts payable | 17/49 | €26,612 | €40,772 | +€14,160 | +53.2% |
| Amounts payable within one year | 42/48 | €26,612 | €40,772 | +€14,160 | +53.2% |
| Financial debts | 43 | €6,734 | €8,500 | +€1,766 | +26.2% |
| Credit institutions | 430/8 | €6,734 | €8,500 | +€1,766 | +26.2% |
| Trade debts | 44 | €5,370 | €7,133 | +€1,763 | +32.8% |
| Suppliers | 440/4 | €5,370 | €7,133 | +€1,763 | +32.8% |
| Taxes, remuneration and social security | 45 | €12,983 | €12,822 | -€161 | -1.2% |
| Taxes | 450/3 | €6,983 | €8,937 | +€1,955 | +28.0% |
| Remuneration and social security | 454/9 | €6,000 | €3,884 | -€2,116 | -35.3% |
| Other amounts payable | 47/48 | €1,525 | €12,317 | +€10,792 | +707% |
| Turnover | 70 | €254,549 | €249,162 | -€5,387 | -2.1% |
| Goods, raw materials, services and sundry goods | 60/61 | €252,927 | €217,386 | -€35,541 | -14.1% |
| Remuneration, social security and pensions | 62 | -€288 | - | +€288 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,108 | €2,123 | +€16 | +0.7% |
| Other operating charges | 640/8 | €1,276 | €1,717 | +€441 | +34.5% |
| Non-recurring operating charges | 66A | €319 | - | -€319 | |
| Gross operating margin | 9900 | €1,622 | €31,777 | +€30,154 | +1,859% |
| Operating profit (loss) | 9901 | -€1,792 | €27,937 | +€29,729 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €2,712 | €2,990 | +€278 | +10.3% |
| Recurring financial charges | 65 | €2,712 | €2,990 | +€278 | +10.3% |
| Profit (loss) for the period before taxes | 9903 | -€4,503 | €24,948 | +€29,451 | |
| Income taxes | 67/77 | €346 | €6,521 | +€6,175 | +1,784% |
| Profit (loss) for the period | 9904 | -€4,849 | €18,426 | +€23,276 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,849 | €18,426 | +€23,276 |
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 17 October 2026 via checked.be.