BETA VASTGOED: 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 VASTGOED
Largest movements
- Tangible fixed assets -€11,558
down €11,558 (-39.7%), from €29,129 to €17,571
of which Furniture and vehicles: -€11,762
- Receivables within one year -€9,561
down €9,561 (-56.8%), from €16,824 to €7,263
of which Trade receivables: -€13,775
- Reserves -€116,412
down €116,412 (-75.8%), from €153,567 to €37,155
- Other debts +€100,546
up €100,546 (+579.4%), from €17,354 to €117,900
- Tax, wage and social debts -€3,779
down €3,779 (-36.0%), from €10,489 to €6,711
- Gross operating margin -€59,603
down €59,603 (-70.7%), from €84,301 to €24,698
- Taxes -€15,714
down €15,714 (-80.6%), from €19,487 to €3,773
- Depreciation +€3,304
up €3,304 (+28.9%), from €11,434 to €14,739
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 | €193,246 | €174,334 | -€18,912 | -9.8% |
| Fixed assets | 21/28 | €29,129 | €17,571 | -€11,558 | -39.7% |
| Tangible fixed assets | 22/27 | €29,129 | €17,571 | -€11,558 | -39.7% |
| Plant, machinery and equipment | 23 | €4,917 | €5,121 | +€204 | +4.1% |
| Furniture and vehicles | 24 | €24,212 | €12,450 | -€11,762 | -48.6% |
| Current assets | 29/58 | €164,117 | €156,763 | -€7,354 | -4.5% |
| Stocks and contracts in progress | 3 | - | €800 | +€800 | |
| Stocks | 30/36 | - | €800 | +€800 | |
| Amounts receivable within one year | 40/41 | €16,824 | €7,263 | -€9,561 | -56.8% |
| Trade receivables | 40 | €16,311 | €2,536 | -€13,775 | -84.5% |
| Other amounts receivable | 41 | €513 | €4,727 | +€4,214 | +821.1% |
| Cash at bank and in hand | 54/58 | €147,293 | €148,700 | +€1,407 | +1.0% |
| Total equity and liabilities | 10/49 | €193,246 | €174,334 | -€18,912 | -9.8% |
| Equity | 10/15 | €163,567 | €47,155 | -€116,412 | -71.2% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €153,567 | €37,155 | -€116,412 | -75.8% |
| Distributable reserves | 133 | €153,567 | €37,155 | -€116,412 | -75.8% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €29,680 | €127,179 | +€97,500 | +328.5% |
| Amounts payable within one year | 42/48 | €29,680 | €127,146 | +€97,466 | +328.4% |
| Trade debts | 44 | €1,836 | €2,535 | +€698 | +38.0% |
| Suppliers | 440/4 | €1,836 | €2,535 | +€698 | +38.0% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €10,489 | €6,711 | -€3,779 | -36.0% |
| Taxes | 450/3 | €10,489 | €6,711 | -€3,779 | -36.0% |
| Other amounts payable | 47/48 | €17,354 | €117,900 | +€100,546 | +579.4% |
| Accrued charges and deferred income | 492/3 | - | €34 | +€34 | |
| Remuneration, social security and pensions | 62 | €536 | €490 | -€46 | -8.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,434 | €14,739 | +€3,304 | +28.9% |
| Other operating charges | 640/8 | €2,471 | €1,943 | -€528 | -21.4% |
| Non-recurring operating charges | 66A | €63 | €63 | +€0 | +0.7% |
| Gross operating margin | 9900 | €84,301 | €24,698 | -€59,603 | -70.7% |
| Operating profit (loss) | 9901 | €69,796 | €7,463 | -€62,333 | -89.3% |
| Financial income | 75/76B | €0 | €0 | +€0 | |
| Recurring financial income | 75 | €0 | €0 | +€0 | |
| Financial charges | 65/66B | €89 | €103 | +€14 | +16.1% |
| Recurring financial charges | 65 | €89 | €103 | +€14 | +16.1% |
| Profit (loss) for the period before taxes | 9903 | €69,708 | €7,361 | -€62,347 | -89.4% |
| Income taxes | 67/77 | €19,487 | €3,773 | -€15,714 | -80.6% |
| Profit (loss) for the period | 9904 | €50,221 | €3,588 | -€46,633 | -92.9% |
| Profit (loss) for the period to be appropriated | 9905 | €50,221 | €3,588 | -€46,633 | -92.9% |
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 12 October 2026 via checked.be.