BETEO: 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.
BETEO
Largest movements
- Cash -€11,594
down €11,594 (-54.0%), from €21,459 to €9,865
mainly Tax, wage and social debts (-€13,038) and Receivables within one year (-€8,450)
- Receivables within one year +€8,450
up €8,450 (+37.2%), from €22,743 to €31,193
of which Trade receivables: +€9,090
- Current investments -€5,000
down €5,000 (-100%), from €5,000 to €0
- Tangible fixed assets +€2,697
up €2,697 (+382%), from €706 to €3,403
- Tax, wage and social debts -€13,038
down €13,038 (-68.7%), from €18,972 to €5,933
- Profit (loss) carried forward +€9,111
up €9,111 (+82.7%), from -€11,022 to -€1,911
- Other debts -€819
down €819 (-17.6%), from €4,648 to €3,830
- Trade debts -€700
down €700 (-47.4%), from €1,476 to €776
- Gross operating margin +€24,432
up €24,432, from -€9,513 to €14,919
- Taxes +€3,879
up €3,879 (+1,796%), from €216 to €4,095
- Other operating charges +€342
up €342 (+128%), from €267 to €610
- Depreciation +€323
up €323 (+136%), from €238 to €561
- Financial income +€155
up €155, from €0 to €155
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 | €49,907 | €44,461 | -€5,446 | -10.9% |
| Fixed assets | 21/28 | €706 | €3,403 | +€2,697 | +382% |
| Tangible fixed assets | 22/27 | €706 | €3,403 | +€2,697 | +382% |
| Furniture and vehicles | 24 | €706 | €3,403 | +€2,697 | +382% |
| Current assets | 29/58 | €49,202 | €41,058 | -€8,143 | -16.6% |
| Amounts receivable within one year | 40/41 | €22,743 | €31,193 | +€8,450 | +37.2% |
| Trade receivables | 40 | €19,481 | €28,572 | +€9,090 | +46.7% |
| Other amounts receivable | 41 | €3,262 | €2,621 | -€640 | -19.6% |
| Current investments | 50/53 | €5,000 | €0 | -€5,000 | -100% |
| Cash at bank and in hand | 54/58 | €21,459 | €9,865 | -€11,594 | -54.0% |
| Total equity and liabilities | 10/49 | €49,907 | €44,461 | -€5,446 | -10.9% |
| Equity | 10/15 | €24,811 | €33,922 | +€9,111 | +36.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €30,832 | €30,832 | = | 0.0% |
| Distributable reserves | 133 | €30,832 | €30,832 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€11,022 | -€1,911 | +€9,111 | +82.7% |
| Amounts payable | 17/49 | €25,097 | €10,539 | -€14,557 | -58.0% |
| Amounts payable within one year | 42/48 | €25,097 | €10,539 | -€14,557 | -58.0% |
| Trade debts | 44 | €1,476 | €776 | -€700 | -47.4% |
| Suppliers | 440/4 | €1,476 | €776 | -€700 | -47.4% |
| Taxes, remuneration and social security | 45 | €18,972 | €5,933 | -€13,038 | -68.7% |
| Taxes | 450/3 | €18,972 | €5,933 | -€13,038 | -68.7% |
| Other amounts payable | 47/48 | €4,648 | €3,830 | -€819 | -17.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €238 | €561 | +€323 | +136% |
| Other operating charges | 640/8 | €267 | €610 | +€342 | +128% |
| Gross operating margin | 9900 | -€9,513 | €14,919 | +€24,432 | |
| Operating profit (loss) | 9901 | -€10,019 | €13,748 | +€23,767 | |
| Financial income | 75/76B | €0 | €155 | +€155 | |
| Recurring financial income | 75 | €0 | €155 | +€155 | |
| Financial charges | 65/66B | €787 | €697 | -€90 | -11.4% |
| Recurring financial charges | 65 | €787 | €697 | -€90 | -11.4% |
| Profit (loss) for the period before taxes | 9903 | -€10,806 | €13,207 | +€24,012 | |
| Income taxes | 67/77 | €216 | €4,095 | +€3,879 | +1,796% |
| Profit (loss) for the period | 9904 | -€11,022 | €9,111 | +€20,133 | |
| Profit (loss) for the period to be appropriated | 9905 | -€11,022 | €9,111 | +€20,133 |
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 19 October 2026 via checked.be.