BETHEMA: 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.
BETHEMA
Largest movements
- Receivables within one year -€17,364
down €17,364 (-99.4%), from €17,462 to €98
- Tangible fixed assets -€13,816
down €13,816 (-2.2%), from €633,927 to €620,111
- Debts after one year -€28,323
down €28,323 (-6.2%), from €459,828 to €431,505
- Other debts +€12,026
up €12,026 (+7.9%), from €151,523 to €163,549
- Trade debts -€11,420
down €11,420 (-63.1%), from €18,112 to €6,692
- Depreciation +€1,508
up €1,508 (+9.5%), from €15,824 to €17,332
- Gross operating margin +€1,063
up €1,063 (+5.2%), from €20,562 to €21,625
- Financial charges -€888
down €888 (-14.0%), from €6,321 to €5,433
- Other operating charges +€411
up €411 (+13.8%), from €2,987 to €3,398
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 | €652,653 | €620,863 | -€31,790 | -4.9% |
| Fixed assets | 21/28 | €633,927 | €620,111 | -€13,816 | -2.2% |
| Tangible fixed assets | 22/27 | €633,927 | €620,111 | -€13,816 | -2.2% |
| Land and buildings | 22 | €633,927 | €620,111 | -€13,816 | -2.2% |
| Current assets | 29/58 | €18,726 | €752 | -€17,974 | -96.0% |
| Amounts receivable within one year | 40/41 | €17,462 | €98 | -€17,364 | -99.4% |
| Trade receivables | 40 | €17,462 | €98 | -€17,364 | -99.4% |
| Cash at bank and in hand | 54/58 | €1,061 | €453 | -€608 | -57.3% |
| Deferred charges and accrued income | 490/1 | €203 | €201 | -€2 | -1.0% |
| Total equity and liabilities | 10/49 | €652,653 | €620,863 | -€31,790 | -4.9% |
| Equity | 10/15 | -€5,908 | -€10,446 | -€4,538 | -76.8% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€15,908 | -€20,446 | -€4,538 | -28.5% |
| Amounts payable | 17/49 | €658,561 | €631,309 | -€27,252 | -4.1% |
| Amounts payable after more than one year | 17 | €459,828 | €431,505 | -€28,323 | -6.2% |
| Financial debts | 170/4 | €459,828 | €431,505 | -€28,323 | -6.2% |
| Amounts payable within one year | 42/48 | €198,733 | €199,804 | +€1,071 | +0.5% |
| Current portion of amounts payable after more than one year | 42 | €28,009 | €28,323 | +€314 | +1.1% |
| Trade debts | 44 | €18,112 | €6,692 | -€11,420 | -63.1% |
| Suppliers | 440/4 | €18,112 | €6,692 | -€11,420 | -63.1% |
| Taxes, remuneration and social security | 45 | €1,089 | €1,240 | +€151 | +13.9% |
| Taxes | 450/3 | €1,089 | €1,240 | +€151 | +13.9% |
| Other amounts payable | 47/48 | €151,523 | €163,549 | +€12,026 | +7.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,824 | €17,332 | +€1,508 | +9.5% |
| Other operating charges | 640/8 | €2,987 | €3,398 | +€411 | +13.8% |
| Gross operating margin | 9900 | €20,562 | €21,625 | +€1,063 | +5.2% |
| Operating profit (loss) | 9901 | €1,751 | €895 | -€856 | -48.9% |
| Financial income | 75/76B | €3 | - | -€3 | |
| Recurring financial income | 75 | €3 | - | -€3 | |
| Financial charges | 65/66B | €6,321 | €5,433 | -€888 | -14.0% |
| Recurring financial charges | 65 | €6,321 | €5,433 | -€888 | -14.0% |
| Profit (loss) for the period before taxes | 9903 | -€4,567 | -€4,538 | +€29 | +0.6% |
| Profit (loss) for the period | 9904 | -€4,567 | -€4,538 | +€29 | +0.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,567 | -€4,538 | +€29 | +0.6% |
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 10 October 2026 via checked.be.