BETHIMA: what changed
BETHIMA
Largest movements
- Tangible fixed assets +€19,705
up €19,705 (+464%), from €4,247 to €23,952
of which Other tangible fixed assets: +€17,909
- Cash +€18,737
up €18,737 (+110%), from €17,081 to €35,818
mainly Net result for the year (+€49,546) and Other debts (+€11,334)
- Financial fixed assets -€3,000
no longer reported in 2025 (was €3,000)
- Receivables within one year +€2,447
up €2,447 (+18.5%), from €13,248 to €15,694
of which Trade receivables: +€3,413
- Current investments +€2,000
new in 2025: €2,000
- Profit (loss) carried forward +€35,296
up €35,296, from -€35,199 to €97
- Other debts +€11,334
up €11,334 (+42.2%), from €26,872 to €38,207
- Debts after one year -€6,639
down €6,639 (-74.6%), from €8,900 to €2,261
- Gross operating margin +€102,433
up €102,433, from -€32,686 to €69,747
- Taxes +€7,916
up €7,916, from -€593 to €7,324
- Depreciation +€4,873
up €4,873 (+386%), from €1,264 to €6,136
- Other operating charges +€3,964
up €3,964 (+1,023%), from €387 to €4,351
- Financial income +€1,114
new in 2025: €1,114
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €37,713 | €77,621 | +€39,908 | +106% |
| Fixed assets | 21/28 | €7,247 | €23,952 | +€16,705 | +231% |
| Tangible fixed assets | 22/27 | €4,247 | €23,952 | +€19,705 | +464% |
| Plant, machinery and equipment | 23 | €4,247 | €6,043 | +€1,796 | +42.3% |
| Other tangible fixed assets | 26 | - | €17,909 | +€17,909 | |
| Financial fixed assets | 28 | €3,000 | - | -€3,000 | |
| Current assets | 29/58 | €30,466 | €53,669 | +€23,203 | +76.2% |
| Amounts receivable within one year | 40/41 | €13,248 | €15,694 | +€2,447 | +18.5% |
| Trade receivables | 40 | €12,282 | €15,694 | +€3,413 | +27.8% |
| Other amounts receivable | 41 | €966 | - | -€966 | |
| Current investments | 50/53 | - | €2,000 | +€2,000 | |
| Cash at bank and in hand | 54/58 | €17,081 | €35,818 | +€18,737 | +110% |
| Deferred charges and accrued income | 490/1 | €137 | €156 | +€19 | +14.2% |
| Total equity and liabilities | 10/49 | €37,713 | €77,621 | +€39,908 | +106% |
| Equity | 10/15 | -€14,739 | €20,557 | +€35,296 | |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€35,199 | €97 | +€35,296 | |
| Amounts payable | 17/49 | €52,452 | €57,064 | +€4,612 | +8.8% |
| Amounts payable after more than one year | 17 | €8,900 | €2,261 | -€6,639 | -74.6% |
| Financial debts | 170/4 | €8,900 | €2,261 | -€6,639 | -74.6% |
| Amounts payable within one year | 42/48 | €43,551 | €54,803 | +€11,251 | +25.8% |
| Current portion of amounts payable after more than one year | 42 | €6,430 | €6,639 | +€210 | +3.3% |
| Trade debts | 44 | €2,037 | €1,628 | -€409 | -20.1% |
| Suppliers | 440/4 | €2,037 | €1,628 | -€409 | -20.1% |
| Taxes, remuneration and social security | 45 | €8,213 | €8,329 | +€116 | +1.4% |
| Taxes | 450/3 | €8,213 | €8,329 | +€116 | +1.4% |
| Other amounts payable | 47/48 | €26,872 | €38,207 | +€11,334 | +42.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,264 | €6,136 | +€4,873 | +386% |
| Other operating charges | 640/8 | €387 | €4,351 | +€3,964 | +1,023% |
| Gross operating margin | 9900 | -€32,686 | €69,747 | +€102,433 | |
| Operating profit (loss) | 9901 | -€34,337 | €59,260 | +€93,597 | |
| Financial income | 75/76B | - | €1,114 | +€1,114 | |
| Recurring financial income | 75 | - | €1,114 | +€1,114 | |
| Financial charges | 65/66B | €2,830 | €3,504 | +€675 | +23.8% |
| Recurring financial charges | 65 | €2,830 | €3,504 | +€675 | +23.8% |
| Profit (loss) for the period before taxes | 9903 | -€37,167 | €56,869 | +€94,036 | |
| Income taxes | 67/77 | -€593 | €7,324 | +€7,916 | |
| Profit (loss) for the period | 9904 | -€36,574 | €49,546 | +€86,120 | |
| Profit (loss) for the period to be appropriated | 9905 | -€36,574 | €49,546 | +€86,120 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.