BBT ENERGY: 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.
BBT ENERGY
Largest movements
- Receivables within one year +€68,256
up €68,256 (+239%), from €28,562 to €96,818
of which Trade receivables: +€67,010
- Cash -€9,336
down €9,336 (-13.3%), from €70,208 to €60,871
mainly Receivables within one year (-€68,256) and Investment in fixed assets (net) (-€2,967)
- Tangible fixed assets +€1,852
up €1,852 (+59.5%), from €3,113 to €4,966
- Trade debts +€53,240
up €53,240 (+87.2%), from €61,037 to €114,277
- Reserves +€6,963
up €6,963 (+40.3%), from €17,267 to €24,231
of which Distributable reserves: +€6,963
- Gross operating margin -€1,687
down €1,687 (-12.4%), from €13,609 to €11,922
- Depreciation -€1,197
down €1,197 (-51.8%), from €2,312 to €1,115
- Taxes -€210
down €210 (-5.3%), from €3,941 to €3,730
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 | €101,883 | €162,655 | +€60,772 | +59.6% |
| Fixed assets | 21/28 | €3,113 | €4,966 | +€1,852 | +59.5% |
| Tangible fixed assets | 22/27 | €3,113 | €4,966 | +€1,852 | +59.5% |
| Furniture and vehicles | 24 | €3,113 | €4,966 | +€1,852 | +59.5% |
| Current assets | 29/58 | €98,770 | €157,689 | +€58,920 | +59.7% |
| Amounts receivable within one year | 40/41 | €28,562 | €96,818 | +€68,256 | +239% |
| Trade receivables | 40 | €27,978 | €94,988 | +€67,010 | +240% |
| Other amounts receivable | 41 | €584 | €1,830 | +€1,246 | +214% |
| Cash at bank and in hand | 54/58 | €70,208 | €60,871 | -€9,336 | -13.3% |
| Total equity and liabilities | 10/49 | €101,883 | €162,655 | +€60,772 | +59.6% |
| Equity | 10/15 | €39,167 | €46,131 | +€6,963 | +17.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €17,267 | €24,231 | +€6,963 | +40.3% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €15,407 | €22,371 | +€6,963 | +45.2% |
| Profit (loss) carried forward | 14 | €3,300 | €3,300 | = | 0.0% |
| Amounts payable | 17/49 | €62,715 | €116,524 | +€53,808 | +85.8% |
| Amounts payable within one year | 42/48 | €62,715 | €116,524 | +€53,808 | +85.8% |
| Trade debts | 44 | €61,037 | €114,277 | +€53,240 | +87.2% |
| Suppliers | 440/4 | €61,037 | €114,277 | +€53,240 | +87.2% |
| Taxes, remuneration and social security | 45 | €865 | €2,102 | +€1,237 | +143% |
| Taxes | 450/3 | €865 | €2,102 | +€1,237 | +143% |
| Other amounts payable | 47/48 | €814 | €145 | -€668 | -82.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,312 | €1,115 | -€1,197 | -51.8% |
| Gross operating margin | 9900 | €13,609 | €11,922 | -€1,687 | -12.4% |
| Operating profit (loss) | 9901 | €11,297 | €10,808 | -€490 | -4.3% |
| Financial charges | 65/66B | €95 | €114 | +€19 | +20.4% |
| Recurring financial charges | 65 | €95 | €114 | +€19 | +20.4% |
| Profit (loss) for the period before taxes | 9903 | €11,203 | €10,694 | -€509 | -4.5% |
| Income taxes | 67/77 | €3,941 | €3,730 | -€210 | -5.3% |
| Profit (loss) for the period | 9904 | €7,262 | €6,963 | -€298 | -4.1% |
| Profit (loss) for the period to be appropriated | 9905 | €7,262 | €6,963 | -€298 | -4.1% |
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 19 October 2026 via checked.be.