BETTENS & C°: 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.
BETTENS & C°
Largest movements
- Tangible fixed assets +€45,653
up €45,653 (+33.4%), from €136,844 to €182,498
of which Furniture and vehicles: +€43,482
- Receivables within one year +€37,400
up €37,400 (+31.1%), from €120,243 to €157,643
of which Trade receivables: +€53,007
- Cash -€17,087
down €17,087 (-20.9%), from €81,895 to €64,808
mainly Investment in fixed assets (net) (-€96,639) and Receivables within one year (-€37,400)
- Deferred charges and accrued income +€4,691
up €4,691 (+334%), from €1,405 to €6,096
- Debts after one year +€36,801
up €36,801 (+39.6%), from €92,957 to €129,758
- Current portion of long-term debt +€18,080
up €18,080 (+61.8%), from €29,236 to €47,316
- Other debts +€13,859
new in 2025: €13,859
- Reserves +€8,563
up €8,563 (+5.3%), from €161,001 to €169,564
- Trade debts -€7,533
down €7,533 (-17.8%), from €42,200 to €34,667
- Staff costs +€18,795
up €18,795 (+14.6%), from €128,306 to €147,102
- Gross operating margin +€16,532
up €16,532 (+8.0%), from €206,111 to €222,643
- Depreciation +€9,965
up €9,965 (+24.3%), from €41,020 to €50,985
- Taxes -€4,876
down €4,876 (-44.6%), from €10,940 to €6,064
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 | €360,493 | €429,981 | +€69,488 | +19.3% |
| Fixed assets | 21/28 | €136,974 | €182,628 | +€45,653 | +33.3% |
| Tangible fixed assets | 22/27 | €136,844 | €182,498 | +€45,653 | +33.4% |
| Land and buildings | 22 | €17,681 | €13,737 | -€3,944 | -22.3% |
| Plant, machinery and equipment | 23 | €10,528 | €16,644 | +€6,116 | +58.1% |
| Furniture and vehicles | 24 | €108,635 | €152,117 | +€43,482 | +40.0% |
| Financial fixed assets | 28 | €130 | €130 | = | 0.0% |
| Current assets | 29/58 | €223,519 | €247,353 | +€23,834 | +10.7% |
| Stocks and contracts in progress | 3 | €19,976 | €18,806 | -€1,170 | -5.9% |
| Contracts in progress | 37 | €19,976 | €18,806 | -€1,170 | -5.9% |
| Amounts receivable within one year | 40/41 | €120,243 | €157,643 | +€37,400 | +31.1% |
| Trade receivables | 40 | €80,682 | €133,689 | +€53,007 | +65.7% |
| Other amounts receivable | 41 | €39,561 | €23,954 | -€15,606 | -39.4% |
| Cash at bank and in hand | 54/58 | €81,895 | €64,808 | -€17,087 | -20.9% |
| Deferred charges and accrued income | 490/1 | €1,405 | €6,096 | +€4,691 | +334% |
| Total equity and liabilities | 10/49 | €360,493 | €429,981 | +€69,488 | +19.3% |
| Equity | 10/15 | €187,105 | €195,667 | +€8,563 | +4.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €161,001 | €169,564 | +€8,563 | +5.3% |
| Distributable reserves | 133 | €161,001 | €169,564 | +€8,563 | +5.3% |
| Profit (loss) carried forward | 14 | €7,503 | €7,503 | = | 0.0% |
| Amounts payable | 17/49 | €173,388 | €234,314 | +€60,925 | +35.1% |
| Amounts payable after more than one year | 17 | €92,957 | €129,758 | +€36,801 | +39.6% |
| Financial debts | 170/4 | €92,957 | €129,758 | +€36,801 | +39.6% |
| Amounts payable within one year | 42/48 | €79,750 | €104,385 | +€24,636 | +30.9% |
| Current portion of amounts payable after more than one year | 42 | €29,236 | €47,316 | +€18,080 | +61.8% |
| Trade debts | 44 | €42,200 | €34,667 | -€7,533 | -17.8% |
| Suppliers | 440/4 | €42,200 | €34,667 | -€7,533 | -17.8% |
| Taxes, remuneration and social security | 45 | €8,314 | €8,544 | +€230 | +2.8% |
| Taxes | 450/3 | €3,282 | €556 | -€2,726 | -83.1% |
| Remuneration and social security | 454/9 | €5,032 | €7,988 | +€2,956 | +58.7% |
| Other amounts payable | 47/48 | - | €13,859 | +€13,859 | |
| Accrued charges and deferred income | 492/3 | €682 | €170 | -€512 | -75.1% |
| Non-recurring operating income | 76A | €4,471 | €0 | -€4,471 | -100% |
| Remuneration, social security and pensions | 62 | €128,306 | €147,102 | +€18,795 | +14.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €41,020 | €50,985 | +€9,965 | +24.3% |
| Other operating charges | 640/8 | €1,748 | €1,945 | +€197 | +11.2% |
| Gross operating margin | 9900 | €206,111 | €222,643 | +€16,532 | +8.0% |
| Operating profit (loss) | 9901 | €35,036 | €22,611 | -€12,425 | -35.5% |
| Financial income | 75/76B | €1,265 | €99 | -€1,166 | -92.2% |
| Recurring financial income | 75 | €1,265 | €99 | -€1,166 | -92.2% |
| Financial charges | 65/66B | €8,508 | €8,083 | -€425 | -5.0% |
| Recurring financial charges | 65 | €8,508 | €8,083 | -€425 | -5.0% |
| Profit (loss) for the period before taxes | 9903 | €27,793 | €14,627 | -€13,166 | -47.4% |
| Income taxes | 67/77 | €10,940 | €6,064 | -€4,876 | -44.6% |
| Profit (loss) for the period | 9904 | €16,853 | €8,563 | -€8,290 | -49.2% |
| Profit (loss) for the period to be appropriated | 9905 | €16,853 | €8,563 | -€8,290 | -49.2% |
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 13 October 2026 via checked.be.