BETA GROUP: what changed
BETA GROUP
Largest movements
- Tangible fixed assets +€222,008
new in 2024: €222,008
- Cash +€54,115
up €54,115 (+80.3%), from €67,419 to €121,534
mainly Debts after one year (+€221,776) and Net result for the year (+€68,217)
- Receivables within one year +€45,315
up €45,315 (+215%), from €21,063 to €66,378
of which Trade receivables: +€36,797
- Intangible fixed assets +€27,500
new in 2024: €27,500
- Debts after one year +€221,776
new in 2024: €221,776
- Profit (loss) carried forward +€43,217
up €43,217 (+2,144%), from €2,016 to €45,232
- Tax, wage and social debts +€29,430
up €29,430 (+198%), from €14,858 to €44,289
of which Taxes: +€28,737
- Reserves +€25,000
up €25,000 (+100%), from €25,000 to €50,000
- Current portion of long-term debt +€12,249
new in 2024: €12,249
- Gross operating margin +€90,849
up €90,849 (+146%), from €62,432 to €153,281
- Other operating charges +€30,945
up €30,945 (+5,826%), from €531 to €31,477
- Taxes +€10,695
up €10,695 (+107%), from €9,949 to €20,644
- Depreciation +€5,492
new in 2024: €5,492
- Financial charges +€3,219
up €3,219 (+765%), from €421 to €3,640
Change in the result, 2023 to 2024
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2023 and 2024 balance sheets and the 2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €88,483 | €437,420 | +€348,938 | +394% |
| Fixed assets | 21/28 | - | €249,508 | +€249,508 | |
| Intangible fixed assets | 21 | - | €27,500 | +€27,500 | |
| Tangible fixed assets | 22/27 | - | €222,008 | +€222,008 | |
| Land and buildings | 22 | - | €222,008 | +€222,008 | |
| Current assets | 29/58 | €88,483 | €187,912 | +€99,429 | +112% |
| Amounts receivable within one year | 40/41 | €21,063 | €66,378 | +€45,315 | +215% |
| Trade receivables | 40 | €20,552 | €57,349 | +€36,797 | +179% |
| Other amounts receivable | 41 | €511 | €9,029 | +€8,518 | +1,667% |
| Cash at bank and in hand | 54/58 | €67,419 | €121,534 | +€54,115 | +80.3% |
| Total equity and liabilities | 10/49 | €88,483 | €437,420 | +€348,938 | +394% |
| Equity | 10/15 | €28,016 | €96,232 | +€68,217 | +243% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €25,000 | €50,000 | +€25,000 | +100% |
| Distributable reserves | 133 | €25,000 | €50,000 | +€25,000 | +100% |
| Profit (loss) carried forward | 14 | €2,016 | €45,232 | +€43,217 | +2,144% |
| Amounts payable | 17/49 | €60,467 | €341,188 | +€280,721 | +464% |
| Amounts payable after more than one year | 17 | - | €221,776 | +€221,776 | |
| Financial debts | 170/4 | - | €221,776 | +€221,776 | |
| Amounts payable within one year | 42/48 | €60,467 | €119,412 | +€58,945 | +97.5% |
| Current portion of amounts payable after more than one year | 42 | - | €12,249 | +€12,249 | |
| Trade debts | 44 | €6,552 | €17,367 | +€10,816 | +165% |
| Suppliers | 440/4 | €6,552 | €17,367 | +€10,816 | +165% |
| Advances received on contracts in progress | 46 | €39,057 | €44,449 | +€5,392 | +13.8% |
| Taxes, remuneration and social security | 45 | €14,858 | €44,289 | +€29,430 | +198% |
| Taxes | 450/3 | €10,552 | €39,289 | +€28,737 | +272% |
| Remuneration and social security | 454/9 | €4,306 | €5,000 | +€694 | +16.1% |
| Other amounts payable | 47/48 | - | €1,058 | +€1,058 | |
| Remuneration, social security and pensions | 62 | €24,515 | €23,821 | -€693 | -2.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €5,492 | +€5,492 | |
| Other operating charges | 640/8 | €531 | €31,477 | +€30,945 | +5,826% |
| Gross operating margin | 9900 | €62,432 | €153,281 | +€90,849 | +146% |
| Operating profit (loss) | 9901 | €37,386 | €92,491 | +€55,105 | +147% |
| Financial income | 75/76B | €0 | €10 | +€10 | +25,650% |
| Recurring financial income | 75 | €0 | €10 | +€10 | +25,650% |
| Financial charges | 65/66B | €421 | €3,640 | +€3,219 | +765% |
| Recurring financial charges | 65 | €421 | €3,640 | +€3,219 | +765% |
| Profit (loss) for the period before taxes | 9903 | €36,965 | €88,861 | +€51,896 | +140% |
| Income taxes | 67/77 | €9,949 | €20,644 | +€10,695 | +107% |
| Profit (loss) for the period | 9904 | €27,016 | €68,217 | +€41,201 | +153% |
| Profit (loss) for the period to be appropriated | 9905 | €27,016 | €68,217 | +€41,201 | +153% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.