BETAMU: 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.
BETAMU
Largest movements
- Tangible fixed assets -€19,363
down €19,363 (-3.8%), from €505,393 to €486,030
of which Land and buildings: -€15,922
- Cash +€6,708
up €6,708 (+8.6%), from €78,177 to €84,884
mainly Net result for the year (+€24,766) and Depreciation (+€19,692)
- Financial fixed assets -€6,200
no longer reported in 2025 (was €6,200)
- Debts after one year -€28,943
down €28,943 (-7.8%), from €372,524 to €343,581
- Reserves +€24,766
up €24,766 (+24.7%), from €100,232 to €124,998
- Tax, wage and social debts -€14,207
down €14,207 (-96.6%), from €14,712 to €505
of which Taxes: -€11,574
- Gross operating margin +€14,939
up €14,939 (+29.5%), from €50,567 to €65,505
- Depreciation -€9,085
down €9,085 (-31.6%), from €28,778 to €19,692
- Taxes +€4,417
up €4,417 (+135%), from €3,282 to €7,699
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 | €609,170 | €589,069 | -€20,100 | -3.3% |
| Fixed assets | 21/28 | €511,593 | €486,030 | -€25,563 | -5.0% |
| Tangible fixed assets | 22/27 | €505,393 | €486,030 | -€19,363 | -3.8% |
| Land and buildings | 22 | €498,479 | €482,557 | -€15,922 | -3.2% |
| Plant, machinery and equipment | 23 | €3,725 | €2,356 | -€1,369 | -36.8% |
| Furniture and vehicles | 24 | €3,189 | €1,117 | -€2,072 | -65.0% |
| Financial fixed assets | 28 | €6,200 | - | -€6,200 | |
| Current assets | 29/58 | €97,577 | €103,039 | +€5,462 | +5.6% |
| Amounts receivable within one year | 40/41 | €18,978 | €16,527 | -€2,451 | -12.9% |
| Trade receivables | 40 | €18,978 | €11,205 | -€7,774 | -41.0% |
| Other amounts receivable | 41 | - | €5,322 | +€5,322 | |
| Cash at bank and in hand | 54/58 | €78,177 | €84,884 | +€6,708 | +8.6% |
| Deferred charges and accrued income | 490/1 | €422 | €1,628 | +€1,206 | +286% |
| Total equity and liabilities | 10/49 | €609,170 | €589,069 | -€20,100 | -3.3% |
| Equity | 10/15 | €118,832 | €143,598 | +€24,766 | +20.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €100,232 | €124,998 | +€24,766 | +24.7% |
| Distributable reserves | 133 | €100,232 | €124,998 | +€24,766 | +24.7% |
| Amounts payable | 17/49 | €490,338 | €445,471 | -€44,866 | -9.2% |
| Amounts payable after more than one year | 17 | €372,524 | €343,581 | -€28,943 | -7.8% |
| Financial debts | 170/4 | €372,524 | €343,581 | -€28,943 | -7.8% |
| Amounts payable within one year | 42/48 | €117,814 | €101,890 | -€15,923 | -13.5% |
| Current portion of amounts payable after more than one year | 42 | €28,189 | €28,943 | +€754 | +2.7% |
| Trade debts | 44 | €1,384 | €2,035 | +€650 | +47.0% |
| Suppliers | 440/4 | €1,384 | €2,035 | +€650 | +47.0% |
| Taxes, remuneration and social security | 45 | €14,712 | €505 | -€14,207 | -96.6% |
| Taxes | 450/3 | €12,079 | €505 | -€11,574 | -95.8% |
| Remuneration and social security | 454/9 | €2,633 | - | -€2,633 | |
| Other amounts payable | 47/48 | €73,528 | €70,408 | -€3,121 | -4.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,778 | €19,692 | -€9,085 | -31.6% |
| Other operating charges | 640/8 | €1,059 | €1,284 | +€225 | +21.2% |
| Gross operating margin | 9900 | €50,567 | €65,505 | +€14,939 | +29.5% |
| Operating profit (loss) | 9901 | €20,730 | €44,529 | +€23,799 | +115% |
| Financial income | 75/76B | €39 | €145 | +€106 | +274% |
| Recurring financial income | 75 | €39 | €145 | +€106 | +274% |
| Financial charges | 65/66B | €12,027 | €12,208 | +€182 | +1.5% |
| Recurring financial charges | 65 | €12,027 | €12,208 | +€182 | +1.5% |
| Profit (loss) for the period before taxes | 9903 | €8,742 | €32,465 | +€23,723 | +271% |
| Income taxes | 67/77 | €3,282 | €7,699 | +€4,417 | +135% |
| Profit (loss) for the period | 9904 | €5,460 | €24,766 | +€19,306 | +354% |
| Profit (loss) for the period to be appropriated | 9905 | €5,460 | €24,766 | +€19,306 | +354% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.