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BT.com

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Private limited company (pre-2019)founded 2013active for 13 yearsStockem, route de Bouillon 151, 6700 Arlon, BelgiumKBO/BCE: BE 0535.544.918
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BT.comActiveChecked score 68/100
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Financials · financial year 2025, micro format

Annual accounts 2025 filed on 28-04-2026 PDF all 12 filings

Turnover
€62,657▼ 35.8%
2024 · €97,545
EBIT margin
28.7%▼ 0.4pp
2024 · 29.1%
Net result
€16,433▼ 38.5%
2024 · €26,721
Working capital
-€291,425▲ 5.0%
2024 · -€306,858
Multi-year overview
2019 to 2025, 7 financial years
Turnover
€62,657
▼ 35.8% 2025
20192025
Operating result
€17,975
▼ 36.6% 2025
20192025
Net result
€16,433
▼ 38.5% 2025
middle half of the sector
20192025
EBIT margin
28.7%
▼ 0.4pp 2025
20192025
Equity
€32,679
▲ 101% 2025
middle half of the sector
20192025
Total assets
€343,493
▼ 1.4% 2025
highest quarter of the sector
20192025
Debt
€310,815
▼ 6.4% 2025
20192025
Working capital
-€291,425
▲ 5.0% 2025
lowest quarter of the sector
20192025
Solvency
9.5%
▲ 4.9pp 2025
lowest quarter of the sector
20192025
Current ratio
0.06
▼ 0.01 2025
lowest quarter of the sector
20192025
Return on assets (ROA)
4.8%
▼ 2.9pp 2025
middle half of the sector
20192025
Staff (FTE)
0.5
▼ 54.5% 2025
20192025
Every figure per financial year
Every figure with its change against the financial year before
favourable unfavourable
Line2019202020212022202320242025
Turnover€67,638€96,686▲ 42.9%€97,545▲ 0.9%€62,657▼ 35.8%
Operating result€18,646-€1,581▼ 91.5%-€39,086-€20,970▲ 46.3%-€6,713▲ 68.0%€28,366€17,975▼ 36.6%
Net result€17,232-€425below the sector's middle half▼ 97.5%-€39,984below the sector's middle half-€22,372below the sector's middle half▲ 44.0%-€7,703below the sector's middle half▲ 65.6%€26,721within the sector's middle half€16,433within the sector's middle half▼ 38.5%
EBIT margin-31.0%-6.9%▲ 24.1pp29.1%▲ 36.0pp28.7%▼ 0.4pp
Equity€59,159-€59,584within the sector's middle half▲ 0.7%€19,600below the sector's middle half▼ 67.1%-€2,772below the sector's middle half-€10,475below the sector's middle half▼ 278%€16,246below the sector's middle half€32,679within the sector's middle half▲ 101%
Total assets€369,068-€349,472above the sector's middle half▼ 5.3%€352,979above the sector's middle half▲ 1.0%€338,064above the sector's middle half▼ 4.2%€334,885above the sector's middle half▼ 0.9%€348,472above the sector's middle half▲ 4.1%€343,493above the sector's middle half▼ 1.4%
Debt€309,910-€289,888▼ 6.5%€333,380▲ 15.0%€340,836▲ 2.2%€345,360▲ 1.3%€332,226▼ 3.8%€310,815▼ 6.4%
Working capital-€230,228--€241,111below the sector's middle half▼ 4.7%-€292,300below the sector's middle half▼ 21.2%-€325,876below the sector's middle half▼ 11.5%-€333,579below the sector's middle half▼ 2.4%-€306,858below the sector's middle half▲ 8.0%-€291,425below the sector's middle half▲ 5.0%
Solvency16.0%-17.0%below the sector's middle half▲ 1.0pp5.6%below the sector's middle half▼ 11.5pp-0.8%below the sector's middle half▼ 6.4pp-3.1%below the sector's middle half▼ 2.3pp4.7%below the sector's middle half▲ 7.8pp9.5%below the sector's middle half▲ 4.9pp
Current ratio0.16-0.10below the sector's middle half▼ 0.070.09below the sector's middle half▼ 0.010.04below the sector's middle half▼ 0.050.03below the sector's middle half▼ 0.010.07below the sector's middle half▲ 0.040.06below the sector's middle half▼ 0.01
Return on assets (ROA)4.7%-0.1%below the sector's middle half▼ 4.5pp-11.3%below the sector's middle half▼ 11.4pp-6.6%below the sector's middle half▲ 4.7pp-2.3%below the sector's middle half▲ 4.3pp7.7%within the sector's middle half▲ 10.0pp4.8%within the sector's middle half▼ 2.9pp
Staff (FTE)2-22=1.1▼ 45.0%0.5▼ 54.5%
above within below The sector band is the middle half of the companies in Specialised construction activities (NACE 43). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.

The operating result for 2025 is 37% lower than in 2024.

Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €343,493
Fixed assets €324,104 =
Current assets €19,389 ▼ 20.4%
Equity and liabilities €343,493
Equity €32,679 ▲ 101%
Debt €310,815 ▼ 6.4%
Debt's share of the balance-sheet total falls from 95.3% to 90.5%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
Debt to equity
9.51▼
2024 · 20.45
ROE
50.3%▼
2024 · 164.5%
Debt ≤ 1 year
€310,815▼
2024 · €331,226
Customer credit
70 days▲
2024 · 50 days
Supplier credit
32 days▼
2024 · 65 days
Staff costs
€39,826▼
2024 · €63,852
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Staff

social balance sheet
Item30-09-202230-09-202330-09-202430-09-2025
Employees at the balance-sheet date221-
full-time221-
in full-time equivalents221-
Average over the year, in full-time equivalents221.10.5
On a permanent contract221-
Joined--00
Left--11

Source: social balance sheet in the 2022 to 2025 annual accounts

Overdue debts

tax and social security
Item30-09-202130-09-202230-09-202330-09-202430-09-2025
Overdue social security (RSZ) debts-€2,749€2,743--

Source: notes to the 2021 to 2025 annual accounts (statement of debts)

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 39 lines
Balance sheet Code20242025
Assets
Total assets20/58€348,472€343,493▼
Fixed assets21/28€324,104€324,104=
Financial fixed assets28€324,104€324,104=
Current assets29/58€24,368€19,389▼
Amounts receivable within one year40/41€23,478€12,084▼
Trade receivables40€13,320-
Other amounts receivable41€10,158€12,084▲
Cash at bank and in hand54/58€890€7,306▲
Equity and liabilities
Total equity and liabilities10/49€348,472€343,493▼
Equity10/15€16,246€32,679▲
Contributions10/11€6,200€6,200=
Reserves13€51,860€51,860=
Non-distributable reserves130/1€1,860€1,860=
Reserves not available under the articles1311€1,860€1,860=
Distributable reserves133€50,000€50,000=
Profit (loss) carried forward14-€41,814-€25,381▲
Amounts payable17/49€332,226€310,815▼
Amounts payable within one year42/48€331,226€310,815▼
Trade debts44€986€400▼
Suppliers440/4€986€400▼
Taxes, remuneration and social security45€28,115€1,488▼
Taxes450/3€3,698-
Remuneration and social security454/9€24,417€1,488▼
Other amounts payable47/48€302,126€308,927▲
Accrued charges and deferred income492/3€1,000-
Income statement Code20242025
Turnover70€97,545€62,657▼
Non-recurring operating income76A-€1,000
Goods, raw materials, services and sundry goods60/61€5,543€4,595▼
Remuneration, social security and pensions62€63,852€39,826▼
Other operating charges640/8€421€1,263▲
Gross operating margin9900€92,639€59,063▼
Operating profit (loss)9901€28,366€17,975▼
Financial charges65/66B€1,645€1,541▼
Recurring financial charges65€1,645€1,541▼
Profit (loss) for the period before taxes9903€26,721€16,433▼
Profit (loss) for the period9904€26,721€16,433▼
Profit (loss) for the period to be appropriated9905€26,721€16,433▼
Appropriation of the result
Profit (loss) to be appropriated9906-€41,814-€25,381▲
Profit (loss) brought forward from the previous period14P-€68,535-€41,814▲

The notes to these accounts have 2 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Source: Annual accounts 2025 (PDF), filed on 28-04-2026.

Line2019202020212022202320242025Change
Turnover70---€67,638€96,686€97,545€62,657▼ 35.8%
Non-recurring operating income76A---€2,924--€1,000-
Goods, raw materials, services and sundry goods60/61---€6,235€6,055€5,543€4,595▼ 17.1%
Remuneration, social security and pensions62--€77,557€86,302€95,753€63,852€39,826▼ 37.6%
Other operating charges640/8--€448€548€1,478€421€1,263▲ 200%
Non-recurring operating charges66A----€114---
Gross operating margin9900€49,384€48,474€38,918€65,879€90,632€92,639€59,063▼ 36.2%
Operating profit (loss)9901€18,646€1,581-€39,086-€20,970-€6,713€28,366€17,975▼ 36.6%
Financial income75/76B----€2---
Recurring financial income75€1€48--€2---
Financial charges65/66B--€898€1,402€992€1,645€1,541▼ 6.3%
Recurring financial charges65€1,415€1,204€898€1,402€992€1,645€1,541▼ 6.3%
Profit (loss) for the period before taxes9903€17,232€425-€39,984-€22,372-€7,703€26,721€16,433▼ 38.5%
Profit (loss) for the period9904€17,232€425-€39,984-€22,372-€7,703€26,721€16,433▼ 38.5%
Profit (loss) for the period to be appropriated9905€17,232€425-€39,984-€22,372-€7,703€26,721€16,433▼ 38.5%
Line2019202020212022202320242025Change
Assets
Total assets20/58€369,068€349,472€352,979€338,064€334,885€348,472€343,493▼ 1.4%
Fixed assets21/28€324,000€324,104€324,104€324,104€324,104€324,104€324,104=
Financial fixed assets28€324,000€324,104€324,104€324,104€324,104€324,104€324,104=
Current assets29/58€45,068€25,368€28,875€13,960€10,781€24,368€19,389▼ 20.4%
Amounts receivable within one year40/41€40,774€23,030€26,694€13,798€10,762€23,478€12,084▼ 48.5%
Trade receivables40--€15,956--€13,320--
Other amounts receivable41--€10,739€13,798€10,762€10,158€12,084▲ 19.0%
Current investments50/53€2,171€1,109€1,608-----
Cash at bank and in hand54/58-----€890€7,306▲ 721%
Deferred charges and accrued income490/1--€573€162€19---
Equity and liabilities
Total equity and liabilities10/49€369,068€349,472€352,979€338,064€334,885€348,472€343,493▼ 1.4%
Equity10/15€59,159€59,584€19,600-€2,772-€10,475€16,246€32,679▲ 101%
Contributions10/11€6,200€6,200€6,200€6,200€6,200€6,200€6,200=
Reserves13€51,860€51,860€51,860€51,860€51,860€51,860€51,860=
Non-distributable reserves130/1--€1,860€1,860€1,860€1,860€1,860=
Reserves not available under the articles1311--€1,860€1,860€1,860€1,860€1,860=
Distributable reserves133--€50,000€50,000€50,000€50,000€50,000=
Profit (loss) carried forward14€1,099€1,524-€38,460-€60,832-€68,535-€41,814-€25,381▲ 39.3%
Amounts payable17/49€309,910€289,888€333,380€340,836€345,360€332,226€310,815▼ 6.4%
Amounts payable after more than one year17€33,613€22,409€11,204-----
Financial debts170/4--€11,204-----
Amounts payable within one year42/48€275,296€266,479€321,175€339,836€344,360€331,226€310,815▼ 6.2%
Current portion of amounts payable after more than one year42--€11,677€11,359€781---
Trade debts44€11,446€3,660€754€3,642€8,444€986€400▼ 59.5%
Suppliers440/4--€754€3,642€8,444€986€400▼ 59.5%
Taxes, remuneration and social security45--€20,529€22,710€33,010€28,115€1,488▼ 94.7%
Taxes450/3--€1,957€8,655€16,096€3,698--
Remuneration and social security454/9--€18,572€14,055€16,914€24,417€1,488▼ 93.9%
Other amounts payable47/48--€288,215€302,126€302,126€302,126€308,927▲ 2.3%
Accrued charges and deferred income492/3--€1,000€1,000€1,000€1,000--
Line2019202020212022202320242025Change
Profit (loss) for the period9904€17,232€425-€39,984-€22,372-€7,703€26,721€16,433▼ 38.5%
Operating cash flow (approximation)€17,232€425-€39,984-€22,372-€7,703€26,721€16,433▼ 38.5%
Investment in fixed assets (approximation)--€104€0€0€0€0€0-
Change in cash------€6,416-

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

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Latest 10 of 12 filings with the National Bank
Financial year Type Filed Reference Document
30-09-2025 micro format 28-04-2026 2026-00094381 PDF
30-09-2024 micro format 24-04-2025 2025-00082933 PDF
30-09-2023 micro format 22-04-2024 2024-00067046 PDF
30-09-2022 micro format 28-04-2023 2023-00078189 PDF
30-09-2021 micro format 26-04-2022 2022-20010473 PDF
30-09-2020 micro format 29-04-2021 2021-11900218 PDF
30-09-2019 micro format 24-04-2020 2020-09700570 PDF
30-09-2018 micro format 30-01-2019 2019-03000523 PDF
30-09-2017 micro format 06-03-2018 2018-06300334 PDF
30-09-2016 full format 26-04-2017 2017-10000258 PDF

Show all 12 filings

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