BETRO: 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.
BETRO
Largest movements
- Cash -€115,991
down €115,991 (-65.4%), from €177,340 to €61,349
mainly Other debts (-€100,000) and Contributions, distributions and other (-€100,000)
- Tangible fixed assets -€5,225
down €5,225 (-4.7%), from €110,312 to €105,087
- Other debts -€100,000
down €100,000 (-100%), from €100,000 to €0
- Reserves -€23,703
down €23,703 (-13.5%), from €175,938 to €152,235
of which Distributable reserves: -€23,703
- Gross operating margin +€9,221
up €9,221 (+8.1%), from €113,287 to €122,508
- Taxes +€2,137
up €2,137 (+9.2%), from €23,296 to €25,432
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 | €289,300 | €168,134 | -€121,165 | -41.9% |
| Fixed assets | 21/28 | €110,312 | €105,087 | -€5,225 | -4.7% |
| Tangible fixed assets | 22/27 | €110,312 | €105,087 | -€5,225 | -4.7% |
| Land and buildings | 22 | €110,312 | €105,087 | -€5,225 | -4.7% |
| Current assets | 29/58 | €178,987 | €63,048 | -€115,940 | -64.8% |
| Cash at bank and in hand | 54/58 | €177,340 | €61,349 | -€115,991 | -65.4% |
| Deferred charges and accrued income | 490/1 | €1,647 | €1,699 | +€51 | +3.1% |
| Total equity and liabilities | 10/49 | €289,300 | €168,134 | -€121,165 | -41.9% |
| Equity | 10/15 | €183,528 | €159,824 | -€23,703 | -12.9% |
| Contributions | 10/11 | €7,589 | €7,589 | = | 0.0% |
| Reserves | 13 | €175,938 | €152,235 | -€23,703 | -13.5% |
| Non-distributable reserves | 130/1 | €1,138 | €1,138 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,138 | €1,138 | = | 0.0% |
| Distributable reserves | 133 | €174,801 | €151,097 | -€23,703 | -13.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €105,772 | €8,310 | -€97,462 | -92.1% |
| Amounts payable within one year | 42/48 | €105,772 | €8,310 | -€97,462 | -92.1% |
| Trade debts | 44 | €2,815 | €3,102 | +€287 | +10.2% |
| Suppliers | 440/4 | €2,815 | €3,102 | +€287 | +10.2% |
| Taxes, remuneration and social security | 45 | €2,957 | €5,209 | +€2,251 | +76.1% |
| Taxes | 450/3 | €2,957 | €5,209 | +€2,251 | +76.1% |
| Other amounts payable | 47/48 | €100,000 | €0 | -€100,000 | -100% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,902 | €5,225 | -€676 | -11.5% |
| Other operating charges | 640/8 | €15,799 | €16,295 | +€496 | +3.1% |
| Gross operating margin | 9900 | €113,287 | €122,508 | +€9,221 | +8.1% |
| Operating profit (loss) | 9901 | €91,585 | €100,987 | +€9,402 | +10.3% |
| Financial income | 75/76B | €1,128 | €745 | -€383 | -34.0% |
| Recurring financial income | 75 | €1,128 | €745 | -€383 | -34.0% |
| Financial charges | 65/66B | - | €4 | +€4 | |
| Recurring financial charges | 65 | - | €4 | +€4 | |
| Profit (loss) for the period before taxes | 9903 | €92,714 | €101,729 | +€9,015 | +9.7% |
| Income taxes | 67/77 | €23,296 | €25,432 | +€2,137 | +9.2% |
| Profit (loss) for the period | 9904 | €69,418 | €76,297 | +€6,879 | +9.9% |
| Profit (loss) for the period to be appropriated | 9905 | €69,418 | €76,297 | +€6,879 | +9.9% |
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 15 October 2026 via checked.be.