BETIMO: 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.
BETIMO
Largest movements
- Tangible fixed assets +€494,804
up €494,804 (+331.5%), from €149,281 to €644,084
of which Land and buildings: +€492,495
- Receivables within one year +€29,049
up €29,049 (+887.6%), from €3,273 to €32,322
of which Trade receivables: +€26,795
- Cash +€17,464
up €17,464 (+1481.2%), from €1,179 to €18,643
mainly Debts after one year (+€517,149) and Depreciation (+€28,253)
- Debts after one year +€517,149
up €517,149 (+17238.3%), from €3,000 to €520,149
of which Financial debts: +€384,329
- Trade debts +€21,223
up €21,223 (+3999.4%), from €531 to €21,754
- Other debts -€15,869
no longer reported in 2025 (was €15,869)
- Current portion of long-term debt +€14,859
new in 2025: €14,859
- Gross operating margin +€26,779
up €26,779 (+107.3%), from €24,961 to €51,740
- Depreciation +€11,949
up €11,949 (+73.3%), from €16,304 to €28,253
- Financial charges +€11,648
up €11,648 (+3948.2%), from €295 to €11,943
- Other operating charges +€1,828
up €1,828 (+31.1%), from €5,874 to €7,701
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 | €153,733 | €695,049 | +€541,317 | +352.1% |
| Fixed assets | 21/28 | €149,281 | €644,084 | +€494,804 | +331.5% |
| Tangible fixed assets | 22/27 | €149,281 | €644,084 | +€494,804 | +331.5% |
| Land and buildings | 22 | €145,776 | €638,271 | +€492,495 | +337.8% |
| Plant, machinery and equipment | 23 | €269 | €121 | -€148 | -54.9% |
| Furniture and vehicles | 24 | €3,235 | €5,692 | +€2,456 | +75.9% |
| Current assets | 29/58 | €4,452 | €50,965 | +€46,513 | +1044.8% |
| Amounts receivable within one year | 40/41 | €3,273 | €32,322 | +€29,049 | +887.6% |
| Trade receivables | 40 | €3,221 | €30,016 | +€26,795 | +831.8% |
| Other amounts receivable | 41 | €51 | €2,306 | +€2,254 | +4387.3% |
| Cash at bank and in hand | 54/58 | €1,179 | €18,643 | +€17,464 | +1481.2% |
| Total equity and liabilities | 10/49 | €153,733 | €695,049 | +€541,317 | +352.1% |
| Equity | 10/15 | €133,668 | €136,568 | +€2,899 | +2.2% |
| Contributions | 10/11 | €52,058 | €52,058 | = | 0.0% |
| Reserves | 13 | €23,872 | €23,872 | = | 0.0% |
| Distributable reserves | 133 | €23,872 | €23,872 | = | 0.0% |
| Profit (loss) carried forward | 14 | €57,738 | €60,637 | +€2,899 | +5.0% |
| Amounts payable | 17/49 | €20,064 | €558,482 | +€538,418 | +2683.5% |
| Amounts payable after more than one year | 17 | €3,000 | €520,149 | +€517,149 | +17238.3% |
| Financial debts | 170/4 | - | €384,329 | +€384,329 | |
| Other amounts payable | 178/9 | €3,000 | €135,820 | +€132,820 | +4427.3% |
| Amounts payable within one year | 42/48 | €17,064 | €38,333 | +€21,269 | +124.6% |
| Current portion of amounts payable after more than one year | 42 | - | €14,859 | +€14,859 | |
| Trade debts | 44 | €531 | €21,754 | +€21,223 | +3999.4% |
| Suppliers | 440/4 | €531 | €21,754 | +€21,223 | +3999.4% |
| Taxes, remuneration and social security | 45 | €665 | €1,720 | +€1,055 | +158.8% |
| Taxes | 450/3 | €665 | €1,720 | +€1,055 | +158.8% |
| Other amounts payable | 47/48 | €15,869 | - | -€15,869 | |
| Remuneration, social security and pensions | 62 | €130 | - | -€130 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,304 | €28,253 | +€11,949 | +73.3% |
| Other operating charges | 640/8 | €5,874 | €7,701 | +€1,828 | +31.1% |
| Gross operating margin | 9900 | €24,961 | €51,740 | +€26,779 | +107.3% |
| Operating profit (loss) | 9901 | €2,653 | €15,786 | +€13,133 | +495.0% |
| Financial income | 75/76B | €53 | €111 | +€58 | +109.7% |
| Recurring financial income | 75 | €53 | €111 | +€58 | +109.7% |
| Financial charges | 65/66B | €295 | €11,943 | +€11,648 | +3948.2% |
| Recurring financial charges | 65 | €295 | €11,943 | +€11,648 | +3948.2% |
| Profit (loss) for the period before taxes | 9903 | €2,411 | €3,955 | +€1,543 | +64.0% |
| Income taxes | 67/77 | €665 | €1,055 | +€391 | +58.8% |
| Profit (loss) for the period | 9904 | €1,747 | €2,899 | +€1,153 | +66.0% |
| Profit (loss) for the period to be appropriated | 9905 | €1,747 | €2,899 | +€1,153 | +66.0% |
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.