BETACOM: 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.
What changed
BETACOM
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€63,270
2024 · €116,734-€53,464
Equity
€1.1m
2024 · €994,789+€63,270
Cash
€16,786
2024 · €3,366+€13,420
Balance sheet total
€1.9m
2024 · €2.5m-€577,732
Largest movements
Assets
- Receivables within one year -€566,521
down €566,521 (-29.4%), from €1.9m to €1.4m
Equity and liabilities
- Other debts -€500,000
no longer reported in 2025 (was €500,000)
- Debts after one year -€150,000
down €150,000 (-21.4%), from €700,000 to €550,000
- Profit (loss) carried forward +€63,270
up €63,270 (+7.0%), from €907,500 to €970,770
Income statement
- Financial income -€46,698
down €46,698 (-35.3%), from €132,177 to €85,479
- Taxes +€19,847
up €19,847 (+623%), from €3,184 to €23,032
- Financial charges -€7,780
down €7,780 (-11.1%), from €70,080 to €62,300
- Gross operating margin +€5,506
up €5,506 (+6.0%), from €91,275 to €96,781
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.
Result 2024
€116,734
Gross operating margin
+€5,506
Depreciation
+€67
Other operating charges
-€273
Financial income
-€46,698
Financial charges
+€7,780
Taxes
-€19,847
Result 2025
€63,270
raises the resultlowers the result
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.
From operations
+€163,420
Investment
€0
Financing
-€150,000
Cash 2024
€3,366
From operations (derived)
+€163,420
Net result for the year
+€63,270
Depreciation
+€24,627
Receivables within one year
+€566,521
Smaller working-capital items
+€290
Trade debts
-€11,134
Tax, wage and social debts
+€19,847
Other debts
-€500,000
Financing
-€150,000
Debts after one year
-€150,000
Cash 2025
€16,786
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,504,141 | €1,926,408 | -€577,732 | -23.1% |
| Fixed assets | 21/28 | €415,854 | €391,227 | -€24,627 | -5.9% |
| Tangible fixed assets | 22/27 | €415,854 | €391,227 | -€24,627 | -5.9% |
| Land and buildings | 22 | €415,854 | €391,227 | -€24,627 | -5.9% |
| Current assets | 29/58 | €2,088,287 | €1,535,181 | -€553,105 | -26.5% |
| Stocks and contracts in progress | 3 | €158,639 | €158,639 | = | 0.0% |
| Stocks | 30/36 | €158,639 | €158,639 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €1,925,384 | €1,358,863 | -€566,521 | -29.4% |
| Other amounts receivable | 41 | €1,925,384 | €1,358,863 | -€566,521 | -29.4% |
| Cash at bank and in hand | 54/58 | €3,366 | €16,786 | +€13,420 | +399% |
| Deferred charges and accrued income | 490/1 | €898 | €893 | -€5 | -0.6% |
| Total equity and liabilities | 10/49 | €2,504,141 | €1,926,408 | -€577,732 | -23.1% |
| Equity | 10/15 | €994,789 | €1,058,059 | +€63,270 | +6.4% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €25,289 | €25,289 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €5,850 | €5,850 | = | 0.0% |
| Distributable reserves | 133 | €13,238 | €13,238 | = | 0.0% |
| Profit (loss) carried forward | 14 | €907,500 | €970,770 | +€63,270 | +7.0% |
| Amounts payable | 17/49 | €1,509,352 | €868,350 | -€641,002 | -42.5% |
| Amounts payable after more than one year | 17 | €700,000 | €550,000 | -€150,000 | -21.4% |
| Financial debts | 170/4 | €700,000 | €550,000 | -€150,000 | -21.4% |
| Amounts payable within one year | 42/48 | €806,449 | €315,163 | -€491,287 | -60.9% |
| Current portion of amounts payable after more than one year | 42 | €150,000 | €150,000 | = | 0.0% |
| Financial debts | 43 | €136,500 | €136,500 | = | 0.0% |
| Credit institutions | 430/8 | €136,500 | €136,500 | = | 0.0% |
| Trade debts | 44 | €16,765 | €5,631 | -€11,134 | -66.4% |
| Suppliers | 440/4 | €16,765 | €5,631 | -€11,134 | -66.4% |
| Taxes, remuneration and social security | 45 | €3,184 | €23,032 | +€19,847 | +623% |
| Taxes | 450/3 | €3,184 | €23,032 | +€19,847 | +623% |
| Other amounts payable | 47/48 | €500,000 | - | -€500,000 | |
| Accrued charges and deferred income | 492/3 | €2,902 | €3,187 | +€285 | +9.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,694 | €24,627 | -€67 | -0.3% |
| Other operating charges | 640/8 | €8,760 | €9,033 | +€273 | +3.1% |
| Gross operating margin | 9900 | €91,275 | €96,781 | +€5,506 | +6.0% |
| Operating profit (loss) | 9901 | €57,821 | €63,122 | +€5,300 | +9.2% |
| Financial income | 75/76B | €132,177 | €85,479 | -€46,698 | -35.3% |
| Recurring financial income | 75 | €132,177 | €85,479 | -€46,698 | -35.3% |
| Financial charges | 65/66B | €70,080 | €62,300 | -€7,780 | -11.1% |
| Recurring financial charges | 65 | €70,080 | €62,300 | -€7,780 | -11.1% |
| Profit (loss) for the period before taxes | 9903 | €119,918 | €86,301 | -€33,617 | -28.0% |
| Income taxes | 67/77 | €3,184 | €23,032 | +€19,847 | +623% |
| Profit (loss) for the period | 9904 | €116,734 | €63,270 | -€53,464 | -45.8% |
| Profit (loss) for the period to be appropriated | 9905 | €116,734 | €63,270 | -€53,464 | -45.8% |
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 23 October 2026 via checked.be.