B & T PRODUCTION: 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.
B & T PRODUCTION
Largest movements
- Tangible fixed assets +€73,059
up €73,059 (+261%), from €27,985 to €101,044
of which Furniture and vehicles: +€73,418
- Receivables within one year +€23,331
up €23,331 (+30.9%), from €75,614 to €98,945
of which Trade receivables: +€16,317
- Cash -€6,513
down €6,513 (-43.5%), from €14,964 to €8,451
mainly Investment in fixed assets (net) (-€78,916) and Receivables within one year (-€23,331)
- Deferred charges and accrued income +€5,540
up €5,540 (+184%), from €3,010 to €8,551
- Trade debts +€48,554
up €48,554 (+61.9%), from €78,410 to €126,964
- Debts after one year +€36,976
up €36,976 (+194%), from €19,043 to €56,020
- Profit (loss) carried forward +€16,366
up €16,366 (+33.1%), from -€49,486 to -€33,119
- Other debts -€8,031
down €8,031 (-31.3%), from €25,683 to €17,652
- Current portion of long-term debt +€7,076
up €7,076 (+24.9%), from €28,378 to €35,454
- Financial charges -€36,856
down €36,856 (-92.6%), from €39,798 to €2,942
- Depreciation -€11,058
down €11,058 (-65.4%), from €16,915 to €5,857
- Gross operating margin +€4,293
up €4,293 (+19.5%), from €22,002 to €26,295
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 | €121,664 | €217,080 | +€95,416 | +78.4% |
| Fixed assets | 21/28 | €28,075 | €101,134 | +€73,059 | +260% |
| Tangible fixed assets | 22/27 | €27,985 | €101,044 | +€73,059 | +261% |
| Plant, machinery and equipment | 23 | €1,188 | €829 | -€360 | -30.3% |
| Furniture and vehicles | 24 | €26,797 | €100,216 | +€73,418 | +274% |
| Financial fixed assets | 28 | €90 | €90 | = | 0.0% |
| Current assets | 29/58 | €93,589 | €115,946 | +€22,358 | +23.9% |
| Amounts receivable within one year | 40/41 | €75,614 | €98,945 | +€23,331 | +30.9% |
| Trade receivables | 40 | €69,927 | €86,244 | +€16,317 | +23.3% |
| Other amounts receivable | 41 | €5,687 | €12,701 | +€7,014 | +123% |
| Cash at bank and in hand | 54/58 | €14,964 | €8,451 | -€6,513 | -43.5% |
| Deferred charges and accrued income | 490/1 | €3,010 | €8,551 | +€5,540 | +184% |
| Total equity and liabilities | 10/49 | €121,664 | €217,080 | +€95,416 | +78.4% |
| Equity | 10/15 | -€35,376 | -€19,009 | +€16,366 | +46.3% |
| Contributions | 10/11 | €12,250 | €12,250 | = | 0.0% |
| Contributions outside capital | 11 | €12,250 | €12,250 | = | 0.0% |
| Other | 1109/19 | €12,250 | €12,250 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€49,486 | -€33,119 | +€16,366 | +33.1% |
| Amounts payable | 17/49 | €157,040 | €236,090 | +€79,050 | +50.3% |
| Amounts payable after more than one year | 17 | €19,043 | €56,020 | +€36,976 | +194% |
| Financial debts | 170/4 | €19,043 | €56,020 | +€36,976 | +194% |
| Amounts payable within one year | 42/48 | €137,997 | €180,070 | +€42,074 | +30.5% |
| Current portion of amounts payable after more than one year | 42 | €28,378 | €35,454 | +€7,076 | +24.9% |
| Trade debts | 44 | €78,410 | €126,964 | +€48,554 | +61.9% |
| Suppliers | 440/4 | €78,410 | €126,964 | +€48,554 | +61.9% |
| Taxes, remuneration and social security | 45 | €5,525 | - | -€5,525 | |
| Taxes | 450/3 | €5,525 | - | -€5,525 | |
| Other amounts payable | 47/48 | €25,683 | €17,652 | -€8,031 | -31.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,915 | €5,857 | -€11,058 | -65.4% |
| Other operating charges | 640/8 | €675 | €825 | +€151 | +22.3% |
| Gross operating margin | 9900 | €22,002 | €26,295 | +€4,293 | +19.5% |
| Operating profit (loss) | 9901 | €4,412 | €19,613 | +€15,201 | +345% |
| Financial income | 75/76B | €127 | €62 | -€65 | -51.4% |
| Recurring financial income | 75 | €127 | €62 | -€65 | -51.4% |
| Financial charges | 65/66B | €39,798 | €2,942 | -€36,856 | -92.6% |
| Recurring financial charges | 65 | €39,798 | €2,942 | -€36,856 | -92.6% |
| Profit (loss) for the period before taxes | 9903 | -€35,259 | €16,732 | +€51,991 | |
| Income taxes | 67/77 | €358 | €366 | +€8 | +2.3% |
| Profit (loss) for the period | 9904 | -€35,617 | €16,366 | +€51,983 | |
| Profit (loss) for the period to be appropriated | 9905 | -€35,617 | €16,366 | +€51,983 |
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 25 October 2026 via checked.be.