BETHANIE: 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.
BETHANIE
Largest movements
- Stocks and contracts -€206,286
down €206,286 (-36.0%), from €572,619 to €366,333
- Other debts -€247,162
down €247,162 (-30.7%), from €803,926 to €556,764
- Reserves +€54,425
up €54,425 (+15.2%), from €357,166 to €411,591
of which Distributable reserves: +€51,704
- Gross operating margin +€122,304
up €122,304, from -€26,908 to €95,396
- Financial charges +€58,989
up €58,989 (+131.5%), from €44,871 to €103,860
- Financial income -€14,376
down €14,376 (-13.7%), from €105,170 to €90,794
- Taxes +€11,905
up €11,905 (+165.6%), from €7,191 to €19,096
- Other operating charges +€1,805
up €1,805 (+25.8%), from €7,003 to €8,809
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 | €2,501,793 | €2,304,508 | -€197,286 | -7.9% |
| Current assets | 29/58 | €2,501,793 | €2,304,508 | -€197,286 | -7.9% |
| Amounts receivable after more than one year | 29 | €260,000 | €260,000 | = | 0.0% |
| Other amounts receivable | 291 | €260,000 | €260,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €572,619 | €366,333 | -€206,286 | -36.0% |
| Stocks | 30/36 | €572,619 | €366,333 | -€206,286 | -36.0% |
| Amounts receivable within one year | 40/41 | €1,668,594 | €1,676,594 | +€8,000 | +0.5% |
| Other amounts receivable | 41 | €1,668,594 | €1,676,594 | +€8,000 | +0.5% |
| Cash at bank and in hand | 54/58 | €430 | €1,430 | +€1,000 | +232.6% |
| Deferred charges and accrued income | 490/1 | €150 | €150 | = | 0.0% |
| Total equity and liabilities | 10/49 | €2,501,793 | €2,304,508 | -€197,286 | -7.9% |
| Equity | 10/15 | €1,657,166 | €1,711,591 | +€54,425 | +3.3% |
| Contributions | 10/11 | €1,300,000 | €1,300,000 | = | 0.0% |
| Capital | 10 | €1,300,000 | €1,300,000 | = | 0.0% |
| Issued capital | 100 | €1,300,000 | €1,300,000 | = | 0.0% |
| Reserves | 13 | €357,166 | €411,591 | +€54,425 | +15.2% |
| Non-distributable reserves | 130/1 | €53,001 | €55,722 | +€2,721 | +5.1% |
| Legal reserve | 130 | €53,001 | €55,722 | +€2,721 | +5.1% |
| Distributable reserves | 133 | €304,165 | €355,869 | +€51,704 | +17.0% |
| Amounts payable | 17/49 | €844,628 | €592,917 | -€251,711 | -29.8% |
| Amounts payable within one year | 42/48 | €844,628 | €592,917 | -€251,711 | -29.8% |
| Trade debts | 44 | €32,197 | €16,866 | -€15,331 | -47.6% |
| Suppliers | 440/4 | €32,197 | €16,866 | -€15,331 | -47.6% |
| Taxes, remuneration and social security | 45 | €8,505 | €19,287 | +€10,781 | +126.8% |
| Taxes | 450/3 | €8,505 | €19,287 | +€10,781 | +126.8% |
| Other amounts payable | 47/48 | €803,926 | €556,764 | -€247,162 | -30.7% |
| Other operating charges | 640/8 | €7,003 | €8,809 | +€1,805 | +25.8% |
| Gross operating margin | 9900 | -€26,908 | €95,396 | +€122,304 | |
| Operating profit (loss) | 9901 | -€33,911 | €86,588 | +€120,499 | |
| Financial income | 75/76B | €105,170 | €90,794 | -€14,376 | -13.7% |
| Recurring financial income | 75 | €105,170 | €90,794 | -€14,376 | -13.7% |
| Financial charges | 65/66B | €44,871 | €103,860 | +€58,989 | +131.5% |
| Recurring financial charges | 65 | €44,871 | €103,860 | +€58,989 | +131.5% |
| Profit (loss) for the period before taxes | 9903 | €26,388 | €73,521 | +€47,134 | +178.6% |
| Income taxes | 67/77 | €7,191 | €19,096 | +€11,905 | +165.6% |
| Profit (loss) for the period | 9904 | €19,197 | €54,425 | +€35,228 | +183.5% |
| Profit (loss) for the period to be appropriated | 9905 | €19,197 | €54,425 | +€35,228 | +183.5% |
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 28 September 2026 via checked.be.