BORTOLIN HANNUT: 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.
What changed
BORTOLIN HANNUT
NACE 95.311, General maintenance and repair of cars and light vans (up to 3.5 tonnes)
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€798,384
2024 · €805,954-€7,570
Equity
€4.0m
2024 · €3.2m+€798,384
Cash
€1.2m
2024 · €1.0m+€173,286
Balance sheet total
€6.8m
2024 · €6.7m+€121,759
Largest movements
Assets
- Current investments +€900,000
up €900,000 (+761%), from €118,320 to €1.0m
of which Other investments: +€900,000
- Stocks and contracts -€587,610
down €587,610 (-19.5%), from €3.0m to €2.4m
- Receivables within one year -€210,016
down €210,016 (-19.7%), from €1.1m to €857,149
of which Other amounts receivable: -€158,755
- Cash +€173,286
up €173,286 (+16.6%), from €1.0m to €1.2m
mainly Net result for the year (+€798,384) and Stocks and contracts (+€587,610)
- Tangible fixed assets -€122,770
down €122,770 (-9.0%), from €1.4m to €1.2m
of which Plant, machinery and equipment: -€97,692
Equity and liabilities
- Profit (loss) carried forward +€798,384
up €798,384 (+31.6%), from €2.5m to €3.3m
- Trade debts -€475,669
down €475,669 (-21.3%), from €2.2m to €1.8m
- Debts after one year -€87,156
down €87,156 (-17.6%), from €494,869 to €407,713
- Tax, wage and social debts -€68,466
down €68,466 (-23.3%), from €294,333 to €225,868
of which Remuneration and social security: -€37,864
Income statement
- Goods and materials -€1.6m
down €1.6m (-8.0%), from €20.1m to €18.5m
of which Purchases: -€1.9m
- Turnover -€1.3m
down €1.3m (-5.8%), from €23.4m to €22.0m
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.
Result 2024
€805,954
Turnover
-€1.3m
Other operating income
-€106,644
Goods and materials
+€1.6m
Services and other goods
-€45,923
Staff costs
-€98,241
Depreciation
+€1,141
Write-downs
-€92,135
Other operating charges
+€45,531
Other operating items
+€3,031
Financial income
-€1,940
Financial charges
+€27,656
Taxes
+€957
Result 2025
€798,384
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€1.3m
Investment
-€922,825
Financing
-€158,605
Cash 2024
€1.0m
From operations (derived)
+€1.3m
Net result for the year
+€798,384
Depreciation
+€165,033
Stocks and contracts
+€587,610
Receivables within one year
+€210,016
Deferred charges and accrued income
+€11,692
Trade debts
-€475,669
Tax, wage and social debts
-€68,466
Advances received
+€25,668
Accrued charges and deferred income
+€447
Investment (derived)
-€922,825
Investment in fixed assets (net)
-€22,825
Current investments
-€900,000
Financing
-€158,605
Debts after one year
-€87,156
Current portion of long-term debt
-€6,727
Short-term financial debts
-€64,722
Cash 2025
€1.2m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €6,652,617 | €6,774,376 | +€121,759 | +1.8% |
| Fixed assets | 21/28 | €1,397,560 | €1,255,352 | -€142,208 | -10.2% |
| Intangible fixed assets | 21 | €26,979 | €7,541 | -€19,438 | -72.0% |
| Tangible fixed assets | 22/27 | €1,370,581 | €1,247,811 | -€122,770 | -9.0% |
| Land and buildings | 22 | €686,350 | €663,429 | -€22,921 | -3.3% |
| Plant, machinery and equipment | 23 | €653,733 | €556,041 | -€97,692 | -14.9% |
| Furniture and vehicles | 24 | €30,498 | €28,341 | -€2,156 | -7.1% |
| Current assets | 29/58 | €5,255,057 | €5,519,024 | +€263,967 | +5.0% |
| Stocks and contracts in progress | 3 | €3,011,468 | €2,423,858 | -€587,610 | -19.5% |
| Stocks | 30/36 | €3,011,468 | €2,423,858 | -€587,610 | -19.5% |
| Goods purchased for resale | 34 | €3,011,468 | €2,423,858 | -€587,610 | -19.5% |
| Amounts receivable within one year | 40/41 | €1,067,165 | €857,149 | -€210,016 | -19.7% |
| Trade receivables | 40 | €886,577 | €835,315 | -€51,261 | -5.8% |
| Other amounts receivable | 41 | €180,588 | €21,833 | -€158,755 | -87.9% |
| Current investments | 50/53 | €118,320 | €1,018,320 | +€900,000 | +761% |
| Own shares | 50 | €118,320 | €118,320 | = | 0.0% |
| Other investments | 51/53 | - | €900,000 | +€900,000 | |
| Cash at bank and in hand | 54/58 | €1,046,412 | €1,219,698 | +€173,286 | +16.6% |
| Deferred charges and accrued income | 490/1 | €11,692 | - | -€11,692 | |
| Total equity and liabilities | 10/49 | €6,652,617 | €6,774,376 | +€121,759 | +1.8% |
| Equity | 10/15 | €3,155,558 | €3,953,942 | +€798,384 | +25.3% |
| Contributions | 10/11 | €200,000 | €200,000 | = | 0.0% |
| Revaluation surpluses | 12 | €189,851 | €189,851 | = | 0.0% |
| Reserves | 13 | €238,320 | €238,320 | = | 0.0% |
| Non-distributable reserves | 130/1 | €118,320 | €118,320 | = | 0.0% |
| Own shares acquired | 1312 | €118,320 | €118,320 | = | 0.0% |
| Distributable reserves | 133 | €120,000 | €120,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,527,387 | €3,325,771 | +€798,384 | +31.6% |
| Amounts payable | 17/49 | €3,497,059 | €2,820,434 | -€676,625 | -19.3% |
| Amounts payable after more than one year | 17 | €494,869 | €407,713 | -€87,156 | -17.6% |
| Financial debts | 170/4 | €494,869 | €407,713 | -€87,156 | -17.6% |
| Subordinated loans | 170 | €58,523 | €42,266 | -€16,256 | -27.8% |
| Credit institutions | 173 | €436,347 | €365,447 | -€70,900 | -16.2% |
| Amounts payable within one year | 42/48 | €3,002,190 | €2,412,274 | -€589,916 | -19.6% |
| Current portion of amounts payable after more than one year | 42 | €93,883 | €87,156 | -€6,727 | -7.2% |
| Financial debts | 43 | €240,310 | €175,588 | -€64,722 | -26.9% |
| Credit institutions | 430/8 | €240,310 | €175,588 | -€64,722 | -26.9% |
| Trade debts | 44 | €2,229,406 | €1,753,737 | -€475,669 | -21.3% |
| Suppliers | 440/4 | €2,229,406 | €1,753,737 | -€475,669 | -21.3% |
| Advances received on contracts in progress | 46 | €144,157 | €169,825 | +€25,668 | +17.8% |
| Taxes, remuneration and social security | 45 | €294,333 | €225,868 | -€68,466 | -23.3% |
| Taxes | 450/3 | €89,222 | €58,620 | -€30,602 | -34.3% |
| Remuneration and social security | 454/9 | €205,111 | €167,247 | -€37,864 | -18.5% |
| Other amounts payable | 47/48 | €100 | €100 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | - | €447 | +€447 | |
| Operating income | 70/76A | €23,868,939 | €22,417,622 | -€1.5m | -6.1% |
| Turnover | 70 | €23,369,470 | €22,021,846 | -€1.3m | -5.8% |
| Other operating income | 74 | €498,122 | €391,478 | -€106,644 | -21.4% |
| Non-recurring operating income | 76A | €1,347 | €4,299 | +€2,951 | +219% |
| Operating charges | 60/66A | €22,737,631 | €21,320,557 | -€1.4m | -6.2% |
| Goods for resale, raw materials and consumables | 60 | €20,070,813 | €18,464,192 | -€1.6m | -8.0% |
| Purchases | 600/8 | €19,729,087 | €17,845,311 | -€1.9m | -9.5% |
| Change in stocks: decrease (increase) | 609 | €341,726 | €618,881 | +€277,155 | +81.1% |
| Services and other goods | 61 | €933,253 | €979,175 | +€45,923 | +4.9% |
| Remuneration, social security and pensions | 62 | €1,585,001 | €1,683,242 | +€98,241 | +6.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €166,174 | €165,033 | -€1,141 | -0.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€123,406 | -€31,270 | +€92,135 | +74.7% |
| Other operating charges | 640/8 | €105,717 | €60,185 | -€45,531 | -43.1% |
| Non-recurring operating charges | 66A | €79 | - | -€79 | |
| Operating profit (loss) | 9901 | €1,131,308 | €1,097,066 | -€34,243 | -3.0% |
| Financial income | 75/76B | €5,631 | €3,691 | -€1,940 | -34.5% |
| Recurring financial income | 75 | €5,631 | €3,691 | -€1,940 | -34.5% |
| Other financial income | 752/9 | €5,631 | €3,691 | -€1,940 | -34.5% |
| Financial charges | 65/66B | €52,341 | €24,686 | -€27,656 | -52.8% |
| Recurring financial charges | 65 | €52,341 | €24,686 | -€27,656 | -52.8% |
| Debt charges | 650 | €47,781 | €18,688 | -€29,093 | -60.9% |
| Other financial charges | 652/9 | €4,560 | €5,998 | +€1,437 | +31.5% |
| Profit (loss) for the period before taxes | 9903 | €1,084,598 | €1,076,071 | -€8,527 | -0.8% |
| Income taxes | 67/77 | €278,644 | €277,687 | -€957 | -0.3% |
| Taxes | 670/3 | €286,800 | €278,167 | -€8,633 | -3.0% |
| Tax adjustments and reversals of tax provisions | 77 | €8,156 | €480 | -€7,676 | -94.1% |
| Profit (loss) for the period | 9904 | €805,954 | €798,384 | -€7,570 | -0.9% |
| Profit (loss) for the period to be appropriated | 9905 | €805,954 | €798,384 | -€7,570 | -0.9% |
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 28 October 2026 via checked.be.