Beton+: 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.
Beton+
Largest movements
- Cash +€120,545
up €120,545 (+409%), from €29,506 to €150,051
mainly Net result for the year (+€102,940) and Trade debts (+€19,123)
- Receivables within one year -€9,343
down €9,343 (-9.4%), from €98,912 to €89,569
of which Trade receivables: -€10,488
- Profit (loss) carried forward +€102,940
up €102,940 (+224%), from €46,015 to €148,956
- Short-term financial debts -€23,706
down €23,706 (-94.8%), from €25,000 to €1,294
- Trade debts +€19,123
up €19,123 (+62.6%), from €30,572 to €49,695
- Debts after one year +€6,416
up €6,416 (+31.7%), from €20,237 to €26,653
- Tax, wage and social debts +€3,361
up €3,361 (+8.6%), from €39,229 to €42,589
of which Remuneration and social security: +€2,278
- Gross operating margin +€244,982
up €244,982 (+167%), from €146,610 to €391,592
- Staff costs +€122,161
up €122,161 (+117%), from €104,847 to €227,008
- Taxes +€31,142
up €31,142 (+435%), from €7,166 to €38,308
- Depreciation +€9,212
up €9,212 (+96.2%), from €9,575 to €18,786
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 | €193,374 | €303,734 | +€110,361 | +57.1% |
| Fixed assets | 21/28 | €61,516 | €61,684 | +€169 | +0.3% |
| Intangible fixed assets | 21 | €2,474 | €1,156 | -€1,318 | -53.3% |
| Tangible fixed assets | 22/27 | €59,041 | €60,528 | +€1,487 | +2.5% |
| Plant, machinery and equipment | 23 | €22,174 | €33,270 | +€11,096 | +50.0% |
| Furniture and vehicles | 24 | €36,867 | €27,258 | -€9,609 | -26.1% |
| Current assets | 29/58 | €131,858 | €242,050 | +€110,192 | +83.6% |
| Amounts receivable within one year | 40/41 | €98,912 | €89,569 | -€9,343 | -9.4% |
| Trade receivables | 40 | €90,015 | €79,527 | -€10,488 | -11.7% |
| Other amounts receivable | 41 | €8,897 | €10,042 | +€1,145 | +12.9% |
| Cash at bank and in hand | 54/58 | €29,506 | €150,051 | +€120,545 | +409% |
| Deferred charges and accrued income | 490/1 | €3,440 | €2,430 | -€1,010 | -29.4% |
| Total equity and liabilities | 10/49 | €193,374 | €303,734 | +€110,361 | +57.1% |
| Equity | 10/15 | €71,215 | €174,156 | +€102,940 | +145% |
| Contributions | 10/11 | €25,200 | €25,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €46,015 | €148,956 | +€102,940 | +224% |
| Amounts payable | 17/49 | €122,159 | €129,579 | +€7,420 | +6.1% |
| Amounts payable after more than one year | 17 | €20,237 | €26,653 | +€6,416 | +31.7% |
| Financial debts | 170/4 | €20,237 | €26,653 | +€6,416 | +31.7% |
| Amounts payable within one year | 42/48 | €101,871 | €102,851 | +€980 | +1.0% |
| Current portion of amounts payable after more than one year | 42 | €6,450 | €8,947 | +€2,497 | +38.7% |
| Financial debts | 43 | €25,000 | €1,294 | -€23,706 | -94.8% |
| Credit institutions | 430/8 | €25,000 | €1,294 | -€23,706 | -94.8% |
| Trade debts | 44 | €30,572 | €49,695 | +€19,123 | +62.6% |
| Suppliers | 440/4 | €30,572 | €49,695 | +€19,123 | +62.6% |
| Taxes, remuneration and social security | 45 | €39,229 | €42,589 | +€3,361 | +8.6% |
| Taxes | 450/3 | €18,733 | €19,816 | +€1,083 | +5.8% |
| Remuneration and social security | 454/9 | €20,496 | €22,774 | +€2,278 | +11.1% |
| Other amounts payable | 47/48 | €620 | €325 | -€295 | -47.5% |
| Accrued charges and deferred income | 492/3 | €51 | €75 | +€24 | +46.0% |
| Remuneration, social security and pensions | 62 | €104,847 | €227,008 | +€122,161 | +117% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,575 | €18,786 | +€9,212 | +96.2% |
| Other operating charges | 640/8 | €462 | €1,748 | +€1,286 | +278% |
| Non-recurring operating charges | 66A | €574 | €0 | -€574 | -100% |
| Gross operating margin | 9900 | €146,610 | €391,592 | +€244,982 | +167% |
| Operating profit (loss) | 9901 | €31,153 | €144,050 | +€112,898 | +362% |
| Financial income | 75/76B | €0 | €57 | +€57 | +285,250% |
| Recurring financial income | 75 | €0 | €57 | +€57 | +285,250% |
| Financial charges | 65/66B | €289 | €2,859 | +€2,570 | +890% |
| Recurring financial charges | 65 | €289 | €2,859 | +€2,570 | +890% |
| Profit (loss) for the period before taxes | 9903 | €30,864 | €141,249 | +€110,385 | +358% |
| Income taxes | 67/77 | €7,166 | €38,308 | +€31,142 | +435% |
| Profit (loss) for the period | 9904 | €23,698 | €102,940 | +€79,243 | +334% |
| Profit (loss) for the period to be appropriated | 9905 | €23,698 | €102,940 | +€79,243 | +334% |
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 23 October 2026 via checked.be.