BETAGRI: 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.
BETAGRI
Largest movements
- Tangible fixed assets -€138,399
down €138,399 (-10.8%), from €1.3m to €1.1m
of which Plant, machinery and equipment: -€127,075
- Cash +€70,967
up €70,967 (+38.6%), from €184,023 to €254,990
mainly Depreciation (+€375,557) and Trade debts (+€92,630)
- Debts after one year -€230,108
down €230,108 (-78.8%), from €292,158 to €62,050
- Trade debts +€92,630
up €92,630 (+638%), from €14,519 to €107,149
- Reserves +€63,421
up €63,421 (+5.0%), from €1.3m to €1.3m
of which Distributable reserves: +€56,457
- Current portion of long-term debt -€38,687
down €38,687 (-14.4%), from €268,795 to €230,107
- Gross operating margin +€42,393
up €42,393 (+10.4%), from €408,177 to €450,570
- Depreciation +€21,966
up €21,966 (+6.2%), from €353,591 to €375,557
- Financial income +€15,745
up €15,745 (+1,085,884%), from €1 to €15,747
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 | €2,099,647 | €2,003,787 | -€95,860 | -4.6% |
| Fixed assets | 21/28 | €1,286,739 | €1,148,340 | -€138,399 | -10.8% |
| Tangible fixed assets | 22/27 | €1,286,739 | €1,148,340 | -€138,399 | -10.8% |
| Plant, machinery and equipment | 23 | €1,269,551 | €1,142,476 | -€127,075 | -10.0% |
| Furniture and vehicles | 24 | €17,188 | €5,864 | -€11,324 | -65.9% |
| Current assets | 29/58 | €812,908 | €855,447 | +€42,539 | +5.2% |
| Amounts receivable within one year | 40/41 | €612,498 | €597,773 | -€14,725 | -2.4% |
| Trade receivables | 40 | €299,000 | €291,560 | -€7,440 | -2.5% |
| Other amounts receivable | 41 | €313,498 | €306,213 | -€7,285 | -2.3% |
| Current investments | 50/53 | - | €0 | = | |
| Cash at bank and in hand | 54/58 | €184,023 | €254,990 | +€70,967 | +38.6% |
| Deferred charges and accrued income | 490/1 | €16,387 | €2,684 | -€13,703 | -83.6% |
| Total equity and liabilities | 10/49 | €2,099,647 | €2,003,787 | -€95,860 | -4.6% |
| Equity | 10/15 | €1,269,595 | €1,333,016 | +€63,421 | +5.0% |
| Contributions | 10/11 | €9,437 | €9,437 | = | 0.0% |
| Reserves | 13 | €1,260,158 | €1,323,579 | +€63,421 | +5.0% |
| Tax-exempt reserves | 132 | €98,672 | €105,636 | +€6,964 | +7.1% |
| Distributable reserves | 133 | €1,161,487 | €1,217,943 | +€56,457 | +4.9% |
| Provisions and deferred taxes | 16 | €30,014 | €30,407 | +€393 | +1.3% |
| Deferred taxes | 168 | €30,014 | €30,407 | +€393 | +1.3% |
| Amounts payable | 17/49 | €800,038 | €640,364 | -€159,674 | -20.0% |
| Amounts payable after more than one year | 17 | €292,158 | €62,050 | -€230,108 | -78.8% |
| Financial debts | 170/4 | €292,158 | €62,050 | -€230,108 | -78.8% |
| Amounts payable within one year | 42/48 | €507,417 | €578,219 | +€70,802 | +14.0% |
| Current portion of amounts payable after more than one year | 42 | €268,795 | €230,107 | -€38,687 | -14.4% |
| Trade debts | 44 | €14,519 | €107,149 | +€92,630 | +638% |
| Suppliers | 440/4 | €14,519 | €107,149 | +€92,630 | +638% |
| Taxes, remuneration and social security | 45 | €8,148 | €9,535 | +€1,387 | +17.0% |
| Taxes | 450/3 | €8,148 | €9,535 | +€1,387 | +17.0% |
| Other amounts payable | 47/48 | €215,955 | €231,427 | +€15,473 | +7.2% |
| Accrued charges and deferred income | 492/3 | €463 | €95 | -€368 | -79.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €353,591 | €375,557 | +€21,966 | +6.2% |
| Other operating charges | 640/8 | €1,459 | €1,462 | +€3 | +0.2% |
| Gross operating margin | 9900 | €408,177 | €450,570 | +€42,393 | +10.4% |
| Operating profit (loss) | 9901 | €53,127 | €73,551 | +€20,424 | +38.4% |
| Financial income | 75/76B | €1 | €15,747 | +€15,745 | +1,085,884% |
| Recurring financial income | 75 | €1 | €15,747 | +€15,745 | +1,085,884% |
| Financial charges | 65/66B | €19,421 | €21,282 | +€1,861 | +9.6% |
| Recurring financial charges | 65 | €19,421 | €21,282 | +€1,861 | +9.6% |
| Profit (loss) for the period before taxes | 9903 | €33,708 | €68,016 | +€34,308 | +102% |
| Transfer from deferred taxes | 780 | €7,463 | €9,607 | +€2,144 | +28.7% |
| Transfer to deferred taxes | 680 | €10,000 | €10,000 | = | 0.0% |
| Income taxes | 67/77 | €4,364 | €4,202 | -€162 | -3.7% |
| Profit (loss) for the period | 9904 | €26,807 | €63,421 | +€36,614 | +137% |
| Transfer from tax-exempt reserves | 789 | €24,104 | €33,036 | +€8,932 | +37.1% |
| Transfer to tax-exempt reserves | 689 | €30,000 | €40,000 | +€10,000 | +33.3% |
| Profit (loss) for the period to be appropriated | 9905 | €20,911 | €56,457 | +€35,546 | +170% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.