BETRIBO: 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.
BETRIBO
Largest movements
- Stocks and contracts +€247,815
up €247,815 (+953%), from €26,013 to €273,829
- Receivables within one year -€45,512
down €45,512 (-14.0%), from €324,887 to €279,375
of which Other amounts receivable: -€31,674
- Short-term financial debts +€100,000
new in 2025: €100,000
- Trade debts +€97,738
up €97,738 (+292%), from €33,472 to €131,211
- Current portion of long-term debt -€17,125
down €17,125 (-100%), from €17,125 to €0
- Reserves +€9,500
up €9,500 (+3.6%), from €266,500 to €276,000
of which Distributable reserves: +€9,500
- Profit (loss) carried forward +€8,121
up €8,121 (+98.9%), from -€8,212 to -€91
- Gross operating margin +€64,118
up €64,118, from -€27,660 to €36,458
- Financial charges +€13,250
up €13,250 (+459%), from €2,887 to €16,137
- Taxes +€950
up €950, from €0 to €950
- Other operating charges +€722
up €722 (+87.2%), from €828 to €1,550
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 | €453,300 | €655,016 | +€201,715 | +44.5% |
| Fixed assets | 21/28 | €1,956 | €1,755 | -€200 | -10.2% |
| Tangible fixed assets | 22/27 | €1,956 | €1,755 | -€200 | -10.2% |
| Land and buildings | 22 | €1,650 | €1,500 | -€150 | -9.1% |
| Furniture and vehicles | 24 | €306 | €255 | -€50 | -16.4% |
| Current assets | 29/58 | €451,345 | €653,260 | +€201,916 | +44.7% |
| Stocks and contracts in progress | 3 | €26,013 | €273,829 | +€247,815 | +953% |
| Stocks | 30/36 | €26,013 | €273,829 | +€247,815 | +953% |
| Amounts receivable within one year | 40/41 | €324,887 | €279,375 | -€45,512 | -14.0% |
| Trade receivables | 40 | €252,544 | €238,706 | -€13,838 | -5.5% |
| Other amounts receivable | 41 | €72,343 | €40,669 | -€31,674 | -43.8% |
| Cash at bank and in hand | 54/58 | €100,444 | €95,650 | -€4,795 | -4.8% |
| Deferred charges and accrued income | 490/1 | - | €4,407 | +€4,407 | |
| Total equity and liabilities | 10/49 | €453,300 | €655,016 | +€201,715 | +44.5% |
| Equity | 10/15 | €265,288 | €282,909 | +€17,621 | +6.6% |
| Contributions | 10/11 | €7,000 | €7,000 | = | 0.0% |
| Reserves | 13 | €266,500 | €276,000 | +€9,500 | +3.6% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €264,500 | €274,000 | +€9,500 | +3.6% |
| Profit (loss) carried forward | 14 | -€8,212 | -€91 | +€8,121 | +98.9% |
| Amounts payable | 17/49 | €188,012 | €372,106 | +€184,094 | +97.9% |
| Amounts payable within one year | 42/48 | €188,012 | €372,106 | +€184,094 | +97.9% |
| Current portion of amounts payable after more than one year | 42 | €17,125 | €0 | -€17,125 | -100% |
| Financial debts | 43 | - | €100,000 | +€100,000 | |
| Credit institutions | 430/8 | - | €100,000 | +€100,000 | |
| Trade debts | 44 | €33,472 | €131,211 | +€97,738 | +292% |
| Suppliers | 440/4 | €33,472 | €131,211 | +€97,738 | +292% |
| Taxes, remuneration and social security | 45 | €0 | €3,833 | +€3,833 | |
| Taxes | 450/3 | €0 | €3,833 | +€3,833 | |
| Other amounts payable | 47/48 | €137,415 | €137,063 | -€352 | -0.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €201 | €200 | -€1 | -0.4% |
| Other operating charges | 640/8 | €828 | €1,550 | +€722 | +87.2% |
| Gross operating margin | 9900 | -€27,660 | €36,458 | +€64,118 | |
| Operating profit (loss) | 9901 | -€28,689 | €34,708 | +€63,398 | |
| Financial income | 75/76B | €0 | €0 | -€0 | -100% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100% |
| Financial charges | 65/66B | €2,887 | €16,137 | +€13,250 | +459% |
| Recurring financial charges | 65 | €2,887 | €16,137 | +€13,250 | +459% |
| Profit (loss) for the period before taxes | 9903 | -€31,576 | €18,571 | +€50,147 | |
| Income taxes | 67/77 | €0 | €950 | +€950 | |
| Profit (loss) for the period | 9904 | -€31,576 | €17,621 | +€49,197 | |
| Profit (loss) for the period to be appropriated | 9905 | -€31,576 | €17,621 | +€49,197 |
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 17 October 2026 via checked.be.