BETAC: 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.
BETAC
Largest movements
- Current investments -€150,000
no longer reported in 2025 (was €150,000)
- Cash +€116,027
up €116,027 (+232%), from €49,905 to €165,932
mainly Current investments (+€150,000) and Depreciation (+€47,808)
- Tangible fixed assets -€47,808
down €47,808 (-13.5%), from €355,289 to €307,481
of which Land and buildings: -€29,620
- Profit (loss) carried forward -€41,610
down €41,610 (-77.2%), from €53,907 to €12,297
- Reserves -€40,000
down €40,000 (-8.8%), from €456,551 to €416,551
- Gross operating margin -€28,449
down €28,449 (-77.6%), from €36,665 to €8,216
- Depreciation +€2,037
up €2,037 (+4.5%), from €45,771 to €47,808
- Other operating charges -€1,920
down €1,920 (-29.5%), from €6,501 to €4,580
- Financial income -€888
down €888 (-21.7%), from €4,085 to €3,198
- Taxes -€378
down €378, from €367 to -€11
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 | €572,814 | €493,413 | -€79,401 | -13.9% |
| Fixed assets | 21/28 | €355,289 | €307,481 | -€47,808 | -13.5% |
| Tangible fixed assets | 22/27 | €355,289 | €307,481 | -€47,808 | -13.5% |
| Land and buildings | 22 | €281,076 | €251,455 | -€29,620 | -10.5% |
| Plant, machinery and equipment | 23 | €2,841 | €1,648 | -€1,193 | -42.0% |
| Furniture and vehicles | 24 | €71,372 | €54,377 | -€16,995 | -23.8% |
| Current assets | 29/58 | €217,525 | €185,933 | -€31,592 | -14.5% |
| Amounts receivable within one year | 40/41 | €15,951 | €18,488 | +€2,537 | +15.9% |
| Trade receivables | 40 | €15,096 | €17,439 | +€2,344 | +15.5% |
| Other amounts receivable | 41 | €855 | €1,049 | +€194 | +22.7% |
| Current investments | 50/53 | €150,000 | - | -€150,000 | |
| Cash at bank and in hand | 54/58 | €49,905 | €165,932 | +€116,027 | +232% |
| Deferred charges and accrued income | 490/1 | €1,669 | €1,513 | -€157 | -9.4% |
| Total equity and liabilities | 10/49 | €572,814 | €493,413 | -€79,401 | -13.9% |
| Equity | 10/15 | €529,051 | €447,441 | -€81,610 | -15.4% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €456,551 | €416,551 | -€40,000 | -8.8% |
| Distributable reserves | 133 | €456,551 | €416,551 | -€40,000 | -8.8% |
| Profit (loss) carried forward | 14 | €53,907 | €12,297 | -€41,610 | -77.2% |
| Amounts payable | 17/49 | €43,763 | €45,972 | +€2,209 | +5.0% |
| Amounts payable within one year | 42/48 | €43,763 | €45,972 | +€2,209 | +5.0% |
| Trade debts | 44 | €4,930 | €2,001 | -€2,929 | -59.4% |
| Suppliers | 440/4 | €4,930 | €2,001 | -€2,929 | -59.4% |
| Taxes, remuneration and social security | 45 | €4,987 | €5,543 | +€556 | +11.1% |
| Taxes | 450/3 | €4,987 | €5,543 | +€556 | +11.1% |
| Other amounts payable | 47/48 | €33,846 | €38,429 | +€4,583 | +13.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €45,771 | €47,808 | +€2,037 | +4.5% |
| Other operating charges | 640/8 | €6,501 | €4,580 | -€1,920 | -29.5% |
| Gross operating margin | 9900 | €36,665 | €8,216 | -€28,449 | -77.6% |
| Operating profit (loss) | 9901 | -€15,607 | -€44,173 | -€28,566 | -183% |
| Financial income | 75/76B | €4,085 | €3,198 | -€888 | -21.7% |
| Recurring financial income | 75 | €4,085 | €3,198 | -€888 | -21.7% |
| Financial charges | 65/66B | €599 | €646 | +€47 | +7.9% |
| Recurring financial charges | 65 | €599 | €646 | +€47 | +7.9% |
| Profit (loss) for the period before taxes | 9903 | -€12,120 | -€41,621 | -€29,501 | -243% |
| Income taxes | 67/77 | €367 | -€11 | -€378 | |
| Profit (loss) for the period | 9904 | -€12,487 | -€41,610 | -€29,123 | -233% |
| Profit (loss) for the period to be appropriated | 9905 | -€12,487 | -€41,610 | -€29,123 | -233% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.