BETESCO: 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.
BETESCO
Largest movements
- Receivables within one year +€1.3m
up €1.3m (+83.1%), from €1.6m to €2.9m
of which Trade receivables: +€1.3m
- Trade debts +€1.2m
up €1.2m (+91.1%), from €1.4m to €2.6m
- Other debts +€116,154
up €116,154 (+363%), from €31,986 to €148,140
- Gross operating margin -€24,895
down €24,895 (-1.9%), from €1.3m to €1.3m
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 | €1,635,848 | €2,983,225 | +€1.3m | +82.4% |
| Current assets | 29/58 | €1,635,848 | €2,983,225 | +€1.3m | +82.4% |
| Amounts receivable within one year | 40/41 | €1,587,519 | €2,906,431 | +€1.3m | +83.1% |
| Trade receivables | 40 | €1,454,743 | €2,730,295 | +€1.3m | +87.7% |
| Other amounts receivable | 41 | €132,777 | €176,136 | +€43,359 | +32.7% |
| Cash at bank and in hand | 54/58 | €43,917 | €73,330 | +€29,413 | +67.0% |
| Deferred charges and accrued income | 490/1 | €4,411 | €3,465 | -€947 | -21.5% |
| Total equity and liabilities | 10/49 | €1,635,848 | €2,983,225 | +€1.3m | +82.4% |
| Equity | 10/15 | €52,831 | €44,427 | -€8,405 | -15.9% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €27,831 | €19,427 | -€8,405 | -30.2% |
| Non-distributable reserves | 130/1 | €2,500 | €2,500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,500 | €2,500 | = | 0.0% |
| Distributable reserves | 133 | €25,331 | €16,927 | -€8,405 | -33.2% |
| Amounts payable | 17/49 | €1,583,016 | €2,938,798 | +€1.4m | +85.6% |
| Amounts payable within one year | 42/48 | €1,583,016 | €2,938,798 | +€1.4m | +85.6% |
| Financial debts | 43 | €63,333 | €57,500 | -€5,833 | -9.2% |
| Credit institutions | 430/8 | €63,333 | €57,500 | -€5,833 | -9.2% |
| Trade debts | 44 | €1,355,583 | €2,590,025 | +€1.2m | +91.1% |
| Suppliers | 440/4 | €1,355,583 | €2,590,025 | +€1.2m | +91.1% |
| Taxes, remuneration and social security | 45 | €132,114 | €143,133 | +€11,019 | +8.3% |
| Taxes | 450/3 | €1,811 | €1,820 | +€9 | +0.5% |
| Remuneration and social security | 454/9 | €130,303 | €141,313 | +€11,010 | +8.4% |
| Other amounts payable | 47/48 | €31,986 | €148,140 | +€116,154 | +363% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €1,299,851 | €1,300,166 | +€314 | 0.0% |
| Other operating charges | 640/8 | €197 | €208 | +€11 | +5.6% |
| Gross operating margin | 9900 | €1,323,442 | €1,298,547 | -€24,895 | -1.9% |
| Operating profit (loss) | 9901 | €23,393 | -€1,827 | -€25,220 | |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €5,729 | €4,757 | -€971 | -17.0% |
| Recurring financial charges | 65 | €5,729 | €4,757 | -€971 | -17.0% |
| Profit (loss) for the period before taxes | 9903 | €17,665 | -€6,584 | -€24,249 | |
| Income taxes | 67/77 | €7,811 | €1,820 | -€5,991 | -76.7% |
| Profit (loss) for the period | 9904 | €9,853 | -€8,405 | -€18,258 | |
| Profit (loss) for the period to be appropriated | 9905 | €9,853 | -€8,405 | -€18,258 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.