BETON EXPRESS: 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.
What changed
BETON EXPRESS
NACE 49.410, Freight transport by road
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€37,306
2024 · €69,451-€32,145
Equity
€1.8m
2024 · €1.8m+€37,306
Cash
€10,260
2024 · €9,468+€792
Balance sheet total
€5.5m
2024 · €3.7m+€1.8m
Largest movements
Assets
- Receivables within one year +€1.7m
up €1.7m (+68.5%), from €2.6m to €4.3m
of which Trade receivables: +€1.6m
Equity and liabilities
- Trade debts +€1.4m
up €1.4m (+118%), from €1.2m to €2.6m
- Other debts +€366,000
up €366,000 (+672%), from €54,500 to €420,500
Income statement
- Staff costs +€189,039
up €189,039 (+17.8%), from €1.1m to €1.3m
- Gross operating margin +€111,631
up €111,631 (+6.3%), from €1.8m to €1.9m
- Depreciation -€30,184
down €30,184 (-7.0%), from €433,482 to €403,298
- Other operating charges -€21,524
down €21,524 (-17.0%), from €126,492 to €104,967
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.
Result 2024
€69,451
Gross operating margin
+€111,631
Staff costs
-€189,039
Depreciation
+€30,184
Other operating charges
+€21,524
Other operating items
-€11,310
Financial income
+€2,898
Financial charges
-€3,387
Taxes
-€13,174
Deferred taxes and other
+€18,528
Result 2025
€37,306
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€443,991
Investment
-€430,488
Financing
-€12,712
Cash 2024
€9,468
From operations (derived)
+€443,991
Net result for the year
+€37,306
Depreciation
+€403,298
Receivables within one year
-€1.7m
Deferred charges and accrued income
-€9,111
Provisions
-€9,264
Trade debts
+€1.4m
Tax, wage and social debts
-€11,279
Other debts
+€366,000
Accrued charges and deferred income
+€3,600
Investment (derived)
-€430,488
Investment in fixed assets (net)
-€430,488
Financing
-€12,712
Debts after one year
-€41,280
Current portion of long-term debt
+€28,569
Cash 2025
€10,260
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,719,767 | €5,506,637 | +€1.8m | +48.0% |
| Fixed assets | 21/28 | €1,137,375 | €1,164,565 | +€27,190 | +2.4% |
| Tangible fixed assets | 22/27 | €1,129,943 | €1,156,998 | +€27,055 | +2.4% |
| Plant, machinery and equipment | 23 | €413,658 | €544,831 | +€131,173 | +31.7% |
| Furniture and vehicles | 24 | €104,390 | €64,151 | -€40,238 | -38.5% |
| Leasing and similar rights | 25 | €611,895 | €548,016 | -€63,879 | -10.4% |
| Financial fixed assets | 28 | €7,432 | €7,567 | +€135 | +1.8% |
| Current assets | 29/58 | €2,582,392 | €4,342,072 | +€1.8m | +68.1% |
| Amounts receivable within one year | 40/41 | €2,554,164 | €4,303,941 | +€1.7m | +68.5% |
| Trade receivables | 40 | €2,476,707 | €4,076,992 | +€1.6m | +64.6% |
| Other amounts receivable | 41 | €77,457 | €226,950 | +€149,493 | +193% |
| Cash at bank and in hand | 54/58 | €9,468 | €10,260 | +€792 | +8.4% |
| Deferred charges and accrued income | 490/1 | €18,760 | €27,871 | +€9,111 | +48.6% |
| Total equity and liabilities | 10/49 | €3,719,767 | €5,506,637 | +€1.8m | +48.0% |
| Equity | 10/15 | €1,760,594 | €1,797,900 | +€37,306 | +2.1% |
| Contributions | 10/11 | €150,000 | €150,000 | = | 0.0% |
| Capital | 10 | €150,000 | €150,000 | = | 0.0% |
| Issued capital | 100 | €150,000 | €150,000 | = | 0.0% |
| Reserves | 13 | €1,610,594 | €1,647,900 | +€37,306 | +2.3% |
| Non-distributable reserves | 130/1 | €15,000 | €15,000 | = | 0.0% |
| Legal reserve | 130 | €15,000 | €15,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €84,042 | €56,250 | -€27,792 | -33.1% |
| Distributable reserves | 133 | €1,511,552 | €1,576,650 | +€65,098 | +4.3% |
| Provisions and deferred taxes | 16 | €9,264 | - | -€9,264 | |
| Deferred taxes | 168 | €9,264 | - | -€9,264 | |
| Amounts payable | 17/49 | €1,949,909 | €3,708,738 | +€1.8m | +90.2% |
| Amounts payable after more than one year | 17 | €386,728 | €345,447 | -€41,280 | -10.7% |
| Financial debts | 170/4 | €386,728 | €345,447 | -€41,280 | -10.7% |
| Amounts payable within one year | 42/48 | €1,563,182 | €3,359,690 | +€1.8m | +115% |
| Current portion of amounts payable after more than one year | 42 | €229,941 | €258,510 | +€28,569 | +12.4% |
| Trade debts | 44 | €1,197,175 | €2,610,394 | +€1.4m | +118% |
| Suppliers | 440/4 | €1,197,175 | €2,610,394 | +€1.4m | +118% |
| Taxes, remuneration and social security | 45 | €81,566 | €70,287 | -€11,279 | -13.8% |
| Taxes | 450/3 | €18,517 | €16,690 | -€1,826 | -9.9% |
| Remuneration and social security | 454/9 | €63,049 | €53,596 | -€9,453 | -15.0% |
| Other amounts payable | 47/48 | €54,500 | €420,500 | +€366,000 | +672% |
| Accrued charges and deferred income | 492/3 | - | €3,600 | +€3,600 | |
| Non-recurring operating income | 76A | €47,708 | €77,353 | +€29,644 | +62.1% |
| Remuneration, social security and pensions | 62 | €1,063,474 | €1,252,513 | +€189,039 | +17.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €433,482 | €403,298 | -€30,184 | -7.0% |
| Other operating charges | 640/8 | €126,492 | €104,967 | -€21,524 | -17.0% |
| Non-recurring operating charges | 66A | €7,440 | €18,750 | +€11,310 | +152% |
| Gross operating margin | 9900 | €1,760,158 | €1,871,789 | +€111,631 | +6.3% |
| Operating profit (loss) | 9901 | €129,271 | €92,260 | -€37,010 | -28.6% |
| Financial income | 75/76B | - | €2,898 | +€2,898 | |
| Recurring financial income | 75 | - | €2,898 | +€2,898 | |
| Financial charges | 65/66B | €32,039 | €35,426 | +€3,387 | +10.6% |
| Recurring financial charges | 65 | €32,039 | €35,426 | +€3,387 | +10.6% |
| Profit (loss) for the period before taxes | 9903 | €97,232 | €59,733 | -€37,499 | -38.6% |
| Transfer from deferred taxes | 780 | €2,236 | €9,264 | +€7,028 | +314% |
| Transfer to deferred taxes | 680 | €11,500 | - | -€11,500 | |
| Income taxes | 67/77 | €18,517 | €31,690 | +€13,174 | +71.1% |
| Profit (loss) for the period | 9904 | €69,451 | €37,306 | -€32,145 | -46.3% |
| Transfer from tax-exempt reserves | 789 | €6,708 | €27,792 | +€21,083 | +314% |
| Transfer to tax-exempt reserves | 689 | €34,500 | - | -€34,500 | |
| Profit (loss) for the period to be appropriated | 9905 | €41,659 | €65,098 | +€23,439 | +56.3% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.