BOTAN LTL: what changed
Two fiscal 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.
BOTAN LTL
Largest movements
- Cash +€16,855
up €16,855 (+54.6%), from €30,869 to €47,724
mainly Net result for the year (+€19,634) and Tax, wage and social debts (+€7,168)
- Receivables within one year +€5,292
up €5,292 (+1344.4%), from €394 to €5,686
of which Other amounts receivable: +€5,641
- Tangible fixed assets -€1,016
down €1,016 (-38.2%), from €2,661 to €1,644
of which Furniture and vehicles: -€861
- Profit (loss) carried forward +€19,634
up €19,634, from -€16,951 to €2,683
- Tax, wage and social debts +€7,168
up €7,168 (+435.7%), from €1,645 to €8,813
- Other debts -€3,888
down €3,888 (-10.1%), from €38,541 to €34,653
- Accrued charges and deferred income -€1,800
no longer reported in 2025 (was €1,800)
- Gross operating margin +€8,771
up €8,771 (+52.0%), from €16,877 to €25,648
- Taxes +€3,350
new in 2025: €3,350
- Depreciation -€499
down €499 (-21.7%), from €2,297 to €1,798
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.
Cash bridge derived
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 | €45,266 | €66,396 | +€21,131 | +46.7% |
| Fixed assets | 21/28 | €2,661 | €1,644 | -€1,016 | -38.2% |
| Tangible fixed assets | 22/27 | €2,661 | €1,644 | -€1,016 | -38.2% |
| Plant, machinery and equipment | 23 | €341 | €185 | -€156 | -45.7% |
| Furniture and vehicles | 24 | €2,320 | €1,459 | -€861 | -37.1% |
| Current assets | 29/58 | €42,605 | €64,752 | +€22,147 | +52.0% |
| Stocks and contracts in progress | 3 | €11,092 | €11,092 | = | 0.0% |
| Stocks | 30/36 | €11,092 | €11,092 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €394 | €5,686 | +€5,292 | +1344.4% |
| Trade receivables | 40 | €349 | - | -€349 | |
| Other amounts receivable | 41 | €45 | €5,686 | +€5,641 | +12549.9% |
| Cash at bank and in hand | 54/58 | €30,869 | €47,724 | +€16,855 | +54.6% |
| Deferred charges and accrued income | 490/1 | €250 | €250 | = | 0.0% |
| Total equity and liabilities | 10/49 | €45,266 | €66,396 | +€21,131 | +46.7% |
| Equity | 10/15 | €3,049 | €22,683 | +€19,634 | +644.0% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€16,951 | €2,683 | +€19,634 | |
| Amounts payable | 17/49 | €42,217 | €43,714 | +€1,496 | +3.5% |
| Amounts payable within one year | 42/48 | €40,417 | €43,714 | +€3,296 | +8.2% |
| Trade debts | 44 | €231 | €247 | +€16 | +7.0% |
| Suppliers | 440/4 | €231 | €247 | +€16 | +7.0% |
| Taxes, remuneration and social security | 45 | €1,645 | €8,813 | +€7,168 | +435.7% |
| Taxes | 450/3 | €1,645 | €8,813 | +€7,168 | +435.7% |
| Other amounts payable | 47/48 | €38,541 | €34,653 | -€3,888 | -10.1% |
| Accrued charges and deferred income | 492/3 | €1,800 | - | -€1,800 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,297 | €1,798 | -€499 | -21.7% |
| Other operating charges | 640/8 | €218 | €267 | +€50 | +22.7% |
| Gross operating margin | 9900 | €16,877 | €25,648 | +€8,771 | +52.0% |
| Operating profit (loss) | 9901 | €14,362 | €23,582 | +€9,220 | +64.2% |
| Financial income | 75/76B | €107 | €5 | -€102 | -95.3% |
| Recurring financial income | 75 | €107 | €5 | -€102 | -95.3% |
| Financial charges | 65/66B | €416 | €603 | +€187 | +45.0% |
| Recurring financial charges | 65 | €416 | €603 | +€187 | +45.0% |
| Profit (loss) for the period before taxes | 9903 | €14,053 | €22,984 | +€8,931 | +63.6% |
| Income taxes | 67/77 | - | €3,350 | +€3,350 | |
| Profit (loss) for the period | 9904 | €14,053 | €19,634 | +€5,581 | +39.7% |
| Profit (loss) for the period to be appropriated | 9905 | €14,053 | €19,634 | +€5,581 | +39.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.