BBT PROJECTS: 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 PROJECTS
Largest movements
- Tangible fixed assets -€18,432
down €18,432 (-14.9%), from €124,109 to €105,677
of which Land and buildings: -€14,850
- Debts after one year -€24,702
down €24,702 (-79.8%), from €30,968 to €6,266
- Gross operating margin -€16,497
down €16,497 (-39.9%), from €41,377 to €24,881
- Taxes -€4,160
down €4,160 (-71.2%), from €5,842 to €1,682
- Depreciation -€1,270
down €1,270 (-6.4%), from €19,702 to €18,432
- Financial income -€910
down €910 (-25.3%), from €3,598 to €2,688
- Financial charges -€587
down €587 (-33.2%), from €1,766 to €1,179
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 | €450,848 | €430,610 | -€20,238 | -4.5% |
| Fixed assets | 21/28 | €142,523 | €124,091 | -€18,432 | -12.9% |
| Tangible fixed assets | 22/27 | €124,109 | €105,677 | -€18,432 | -14.9% |
| Land and buildings | 22 | €103,950 | €89,100 | -€14,850 | -14.3% |
| Furniture and vehicles | 24 | €6,015 | €4,975 | -€1,040 | -17.3% |
| Other tangible fixed assets | 26 | €14,144 | €11,602 | -€2,543 | -18.0% |
| Financial fixed assets | 28 | €18,414 | €18,414 | = | 0.0% |
| Current assets | 29/58 | €308,325 | €306,519 | -€1,806 | -0.6% |
| Amounts receivable within one year | 40/41 | €772 | - | -€772 | |
| Trade receivables | 40 | €407 | - | -€407 | |
| Other amounts receivable | 41 | €365 | - | -€365 | |
| Cash at bank and in hand | 54/58 | €306,334 | €305,986 | -€348 | -0.1% |
| Deferred charges and accrued income | 490/1 | €1,219 | €533 | -€686 | -56.3% |
| Total equity and liabilities | 10/49 | €450,848 | €430,610 | -€20,238 | -4.5% |
| Equity | 10/15 | €390,019 | €394,381 | +€4,362 | +1.1% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €116,255 | €116,255 | = | 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% |
| Distributable reserves | 133 | €114,395 | €114,395 | = | 0.0% |
| Profit (loss) carried forward | 14 | €261,364 | €265,727 | +€4,362 | +1.7% |
| Amounts payable | 17/49 | €60,829 | €36,228 | -€24,601 | -40.4% |
| Amounts payable after more than one year | 17 | €30,968 | €6,266 | -€24,702 | -79.8% |
| Financial debts | 170/4 | €30,968 | €6,266 | -€24,702 | -79.8% |
| Amounts payable within one year | 42/48 | €29,861 | €29,963 | +€102 | +0.3% |
| Current portion of amounts payable after more than one year | 42 | €24,137 | €26,799 | +€2,662 | +11.0% |
| Trade debts | 44 | €491 | €1,706 | +€1,215 | +247% |
| Suppliers | 440/4 | €491 | €1,706 | +€1,215 | +247% |
| Taxes, remuneration and social security | 45 | €4,753 | €978 | -€3,776 | -79.4% |
| Taxes | 450/3 | €4,753 | €978 | -€3,776 | -79.4% |
| Other amounts payable | 47/48 | €480 | €480 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,702 | €18,432 | -€1,270 | -6.4% |
| Other operating charges | 640/8 | €1,652 | €1,912 | +€260 | +15.8% |
| Gross operating margin | 9900 | €41,377 | €24,881 | -€16,497 | -39.9% |
| Operating profit (loss) | 9901 | €20,023 | €4,536 | -€15,487 | -77.3% |
| Financial income | 75/76B | €3,598 | €2,688 | -€910 | -25.3% |
| Recurring financial income | 75 | €3,598 | €2,688 | -€910 | -25.3% |
| Financial charges | 65/66B | €1,766 | €1,179 | -€587 | -33.2% |
| Recurring financial charges | 65 | €1,766 | €1,179 | -€587 | -33.2% |
| Profit (loss) for the period before taxes | 9903 | €21,855 | €6,045 | -€15,810 | -72.3% |
| Income taxes | 67/77 | €5,842 | €1,682 | -€4,160 | -71.2% |
| Profit (loss) for the period | 9904 | €16,013 | €4,362 | -€11,651 | -72.8% |
| Profit (loss) for the period to be appropriated | 9905 | €16,013 | €4,362 | -€11,651 | -72.8% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.