BeTechSmart: what changed
Two fiscal 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.
BeTechSmart
Largest movements
- Receivables within one year -€9,266
down €9,266 (-11.4%), from €81,453 to €72,187
of which Trade receivables: -€5,121
- Tangible fixed assets +€7,205
up €7,205 (+125.5%), from €5,743 to €12,948
of which Plant, machinery and equipment: +€8,015
- Stocks and contracts +€4,172
up €4,172 (+26.5%), from €15,718 to €19,890
- Cash +€1,626
up €1,626, from €0 to €1,626
mainly Receivables within one year (+€9,266) and Trade debts (+€5,744)
- Profit (loss) carried forward +€14,823
up €14,823 (+48.6%), from -€30,528 to -€15,705
- Reserves -€13,855
down €13,855 (-69.8%), from €19,855 to €6,000
- Trade debts +€5,744
up €5,744 (+26.1%), from €22,043 to €27,787
- Short-term financial debts -€1,509
down €1,509 (-100.0%), from €1,509 to €0
- Other debts -€1,367
down €1,367 (-2.4%), from €57,906 to €56,539
- Gross operating margin +€44,128
up €44,128, from -€37,751 to €6,377
- Provisions +€12,589
up €12,589, from -€12,589 to €0
- Financial charges -€567
down €567 (-20.7%), from €2,741 to €2,175
- Depreciation +€423
up €423 (+13.4%), from €3,154 to €3,577
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.
Cash bridge derived
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 | €104,509 | €108,347 | +€3,838 | +3.7% |
| Fixed assets | 21/28 | €5,823 | €13,028 | +€7,205 | +123.7% |
| Tangible fixed assets | 22/27 | €5,743 | €12,948 | +€7,205 | +125.5% |
| Land and buildings | 22 | €0 | - | = | |
| Plant, machinery and equipment | 23 | €3,453 | €11,468 | +€8,015 | +232.1% |
| Furniture and vehicles | 24 | €1,182 | €951 | -€231 | -19.6% |
| Other tangible fixed assets | 26 | €1,108 | €529 | -€579 | -52.3% |
| Financial fixed assets | 28 | €80 | €80 | = | 0.0% |
| Current assets | 29/58 | €98,686 | €95,319 | -€3,367 | -3.4% |
| Stocks and contracts in progress | 3 | €15,718 | €19,890 | +€4,172 | +26.5% |
| Stocks | 30/36 | €15,718 | €19,890 | +€4,172 | +26.5% |
| Amounts receivable within one year | 40/41 | €81,453 | €72,187 | -€9,266 | -11.4% |
| Trade receivables | 40 | €42,142 | €37,021 | -€5,121 | -12.2% |
| Other amounts receivable | 41 | €39,311 | €35,166 | -€4,145 | -10.5% |
| Cash at bank and in hand | 54/58 | €0 | €1,626 | +€1,626 | |
| Deferred charges and accrued income | 490/1 | €1,515 | €1,615 | +€101 | +6.6% |
| Total equity and liabilities | 10/49 | €104,509 | €108,347 | +€3,838 | +3.7% |
| Equity | 10/15 | €7,877 | €8,845 | +€968 | +12.3% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €19,855 | €6,000 | -€13,855 | -69.8% |
| Distributable reserves | 133 | €19,855 | €6,000 | -€13,855 | -69.8% |
| Profit (loss) carried forward | 14 | -€30,528 | -€15,705 | +€14,823 | +48.6% |
| Provisions and deferred taxes | 16 | €15,000 | €15,000 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €15,000 | €15,000 | = | 0.0% |
| Pensions and similar obligations | 160 | €15,000 | €15,000 | = | 0.0% |
| Other liabilities and charges | 164/5 | €0 | - | = | |
| Amounts payable | 17/49 | €81,632 | €84,502 | +€2,870 | +3.5% |
| Amounts payable within one year | 42/48 | €81,632 | €84,502 | +€2,870 | +3.5% |
| Financial debts | 43 | €1,509 | €0 | -€1,509 | -100.0% |
| Credit institutions | 430/8 | €1,509 | €0 | -€1,509 | -100.0% |
| Trade debts | 44 | €22,043 | €27,787 | +€5,744 | +26.1% |
| Suppliers | 440/4 | €22,043 | €27,787 | +€5,744 | +26.1% |
| Taxes, remuneration and social security | 45 | €174 | €176 | +€2 | +1.0% |
| Taxes | 450/3 | €174 | €176 | +€2 | +1.0% |
| Other amounts payable | 47/48 | €57,906 | €56,539 | -€1,367 | -2.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,154 | €3,577 | +€423 | +13.4% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€12,589 | €0 | +€12,589 | |
| Other operating charges | 640/8 | €1,145 | €1,201 | +€56 | +4.9% |
| Gross operating margin | 9900 | -€37,751 | €6,377 | +€44,128 | |
| Operating profit (loss) | 9901 | -€29,460 | €1,599 | +€31,059 | |
| Financial income | 75/76B | €1,349 | €1,720 | +€371 | +27.5% |
| Recurring financial income | 75 | €1,349 | €1,720 | +€371 | +27.5% |
| Financial charges | 65/66B | €2,741 | €2,175 | -€567 | -20.7% |
| Recurring financial charges | 65 | €2,741 | €2,175 | -€567 | -20.7% |
| Profit (loss) for the period before taxes | 9903 | -€30,852 | €1,144 | +€31,997 | |
| Income taxes | 67/77 | €174 | €176 | +€2 | +1.0% |
| Profit (loss) for the period | 9904 | -€31,027 | €968 | +€31,995 | |
| Profit (loss) for the period to be appropriated | 9905 | -€31,027 | €968 | +€31,995 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.