BKTS: 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.
BKTS
Largest movements
- Cash +€17,287
up €17,287 (+131%), from €13,190 to €30,477
mainly Receivables within one year (+€16,754) and Other debts (+€13,028)
- Receivables within one year -€16,754
down €16,754 (-51.6%), from €32,490 to €15,736
- Tangible fixed assets -€8,583
down €8,583 (-3.7%), from €229,200 to €220,617
of which Land and buildings: -€9,069
- Debts after one year -€13,519
down €13,519 (-6.7%), from €201,992 to €188,473
- Reserves -€13,042
down €13,042 (-74.0%), from €17,613 to €4,571
of which Distributable reserves: -€13,042
- Other debts +€13,028
up €13,028 (+59.0%), from €22,073 to €35,101
- Tax, wage and social debts +€4,811
up €4,811 (+53.4%), from €9,006 to €13,817
of which Taxes: +€4,775
- Gross operating margin -€1,727
down €1,727 (-6.6%), from €26,238 to €24,511
- Taxes -€1,210
down €1,210 (-35.4%), from €3,420 to €2,210
- Depreciation +€1,026
up €1,026 (+8.9%), from €11,483 to €12,509
- Financial charges -€492
down €492 (-8.1%), from €6,070 to €5,578
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 | €277,755 | €271,808 | -€5,947 | -2.1% |
| Fixed assets | 21/28 | €229,925 | €221,342 | -€8,583 | -3.7% |
| Tangible fixed assets | 22/27 | €229,200 | €220,617 | -€8,583 | -3.7% |
| Land and buildings | 22 | €212,828 | €203,758 | -€9,069 | -4.3% |
| Plant, machinery and equipment | 23 | €16,373 | €14,044 | -€2,328 | -14.2% |
| Furniture and vehicles | 24 | - | €2,815 | +€2,815 | |
| Financial fixed assets | 28 | €725 | €725 | = | 0.0% |
| Current assets | 29/58 | €47,830 | €50,466 | +€2,636 | +5.5% |
| Amounts receivable within one year | 40/41 | €32,490 | €15,736 | -€16,754 | -51.6% |
| Trade receivables | 40 | €32,490 | €15,736 | -€16,754 | -51.6% |
| Cash at bank and in hand | 54/58 | €13,190 | €30,477 | +€17,287 | +131% |
| Deferred charges and accrued income | 490/1 | €2,150 | €4,253 | +€2,103 | +97.8% |
| Total equity and liabilities | 10/49 | €277,755 | €271,808 | -€5,947 | -2.1% |
| Equity | 10/15 | €22,509 | €9,466 | -€13,042 | -57.9% |
| Contributions | 10/11 | €900 | €900 | = | 0.0% |
| Reserves | 13 | €17,613 | €4,571 | -€13,042 | -74.0% |
| Non-distributable reserves | 130/1 | €90 | €90 | = | 0.0% |
| Reserves not available under the articles | 1311 | €90 | €90 | = | 0.0% |
| Distributable reserves | 133 | €17,523 | €4,481 | -€13,042 | -74.4% |
| Profit (loss) carried forward | 14 | €3,995 | €3,995 | = | 0.0% |
| Amounts payable | 17/49 | €255,246 | €262,342 | +€7,095 | +2.8% |
| Amounts payable after more than one year | 17 | €201,992 | €188,473 | -€13,519 | -6.7% |
| Financial debts | 170/4 | €201,992 | €188,473 | -€13,519 | -6.7% |
| Amounts payable within one year | 42/48 | €52,841 | €73,308 | +€20,468 | +38.7% |
| Current portion of amounts payable after more than one year | 42 | €13,513 | €15,608 | +€2,095 | +15.5% |
| Trade debts | 44 | €8,101 | €8,634 | +€533 | +6.6% |
| Suppliers | 440/4 | €1,691 | €2,144 | +€453 | +26.8% |
| Bills of exchange payable | 441 | €6,410 | €6,490 | +€80 | +1.3% |
| Advances received on contracts in progress | 46 | €148 | €148 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €9,006 | €13,817 | +€4,811 | +53.4% |
| Taxes | 450/3 | €4,973 | €9,747 | +€4,775 | +96.0% |
| Remuneration and social security | 454/9 | €4,033 | €4,069 | +€37 | +0.9% |
| Other amounts payable | 47/48 | €22,073 | €35,101 | +€13,028 | +59.0% |
| Accrued charges and deferred income | 492/3 | €413 | €560 | +€147 | +35.5% |
| Non-recurring operating income | 76A | - | €235 | +€235 | |
| Remuneration, social security and pensions | 62 | €46 | €226 | +€179 | +386% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,483 | €12,509 | +€1,026 | +8.9% |
| Other operating charges | 640/8 | €3,278 | €3,389 | +€110 | +3.4% |
| Gross operating margin | 9900 | €26,238 | €24,511 | -€1,727 | -6.6% |
| Operating profit (loss) | 9901 | €11,430 | €8,387 | -€3,043 | -26.6% |
| Financial income | 75/76B | €2 | €0 | -€1 | -80.6% |
| Recurring financial income | 75 | €2 | €0 | -€1 | -80.6% |
| Financial charges | 65/66B | €6,070 | €5,578 | -€492 | -8.1% |
| Recurring financial charges | 65 | €6,070 | €5,578 | -€492 | -8.1% |
| Profit (loss) for the period before taxes | 9903 | €5,361 | €2,809 | -€2,552 | -47.6% |
| Income taxes | 67/77 | €3,420 | €2,210 | -€1,210 | -35.4% |
| Profit (loss) for the period | 9904 | €1,941 | €599 | -€1,342 | -69.1% |
| Profit (loss) for the period to be appropriated | 9905 | €1,941 | €599 | -€1,342 | -69.1% |
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 14 October 2026 via checked.be.