Betamacs: 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.
Betamacs
Largest movements
- Cash +€49,403
up €49,403 (+46.0%), from €107,463 to €156,866
mainly Net result for the year (+€77,502) and Tax, wage and social debts (+€18,842)
- Tangible fixed assets +€37,484
up €37,484 (+1,113%), from €3,369 to €40,853
of which Furniture and vehicles: +€33,492
- Reserves +€75,836
up €75,836 (+73.9%), from €102,582 to €178,418
- Tax, wage and social debts +€18,842
up €18,842 (+481%), from €3,916 to €22,757
of which Taxes: +€13,750
- Other debts -€5,944
down €5,944 (-45.8%), from €12,973 to €7,030
- Trade debts -€2,780
down €2,780 (-93.6%), from €2,972 to €191
- Gross operating margin +€81,394
up €81,394 (+118%), from €68,886 to €150,280
- Staff costs +€32,741
new in 2025: €32,741
- Taxes +€12,164
up €12,164 (+64.9%), from €18,746 to €30,910
- Depreciation +€4,882
up €4,882 (+254%), from €1,920 to €6,803
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 | €132,442 | €218,396 | +€85,954 | +64.9% |
| Fixed assets | 21/28 | €3,619 | €41,103 | +€37,484 | +1,036% |
| Tangible fixed assets | 22/27 | €3,369 | €40,853 | +€37,484 | +1,113% |
| Plant, machinery and equipment | 23 | - | €3,992 | +€3,992 | |
| Furniture and vehicles | 24 | €3,369 | €36,861 | +€33,492 | +994% |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €128,823 | €177,293 | +€48,470 | +37.6% |
| Amounts receivable within one year | 40/41 | €21,360 | €20,427 | -€933 | -4.4% |
| Trade receivables | 40 | €18,140 | €20,414 | +€2,274 | +12.5% |
| Other amounts receivable | 41 | €3,219 | €13 | -€3,207 | -99.6% |
| Cash at bank and in hand | 54/58 | €107,463 | €156,866 | +€49,403 | +46.0% |
| Total equity and liabilities | 10/49 | €132,442 | €218,396 | +€85,954 | +64.9% |
| Equity | 10/15 | €112,582 | €188,418 | +€75,836 | +67.4% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €102,582 | €178,418 | +€75,836 | +73.9% |
| Distributable reserves | 133 | €102,582 | €178,418 | +€75,836 | +73.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €19,861 | €29,978 | +€10,118 | +50.9% |
| Amounts payable within one year | 42/48 | €19,861 | €29,978 | +€10,118 | +50.9% |
| Trade debts | 44 | €2,972 | €191 | -€2,780 | -93.6% |
| Suppliers | 440/4 | €2,972 | €191 | -€2,780 | -93.6% |
| Taxes, remuneration and social security | 45 | €3,916 | €22,757 | +€18,842 | +481% |
| Taxes | 450/3 | €3,916 | €17,666 | +€13,750 | +351% |
| Remuneration and social security | 454/9 | - | €5,091 | +€5,091 | |
| Other amounts payable | 47/48 | €12,973 | €7,030 | -€5,944 | -45.8% |
| Remuneration, social security and pensions | 62 | - | €32,741 | +€32,741 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,920 | €6,803 | +€4,882 | +254% |
| Other operating charges | 640/8 | €1,475 | €2,199 | +€723 | +49.0% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €68,886 | €150,280 | +€81,394 | +118% |
| Operating profit (loss) | 9901 | €65,490 | €108,537 | +€43,047 | +65.7% |
| Financial income | 75/76B | €0 | €0 | +€0 | |
| Recurring financial income | 75 | €0 | €0 | +€0 | |
| Financial charges | 65/66B | €118 | €125 | +€7 | +5.7% |
| Recurring financial charges | 65 | €118 | €125 | +€7 | +5.7% |
| Profit (loss) for the period before taxes | 9903 | €65,371 | €108,412 | +€43,041 | +65.8% |
| Income taxes | 67/77 | €18,746 | €30,910 | +€12,164 | +64.9% |
| Profit (loss) for the period | 9904 | €46,626 | €77,502 | +€30,876 | +66.2% |
| Profit (loss) for the period to be appropriated | 9905 | €46,626 | €77,502 | +€30,876 | +66.2% |
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 16 October 2026 via checked.be.