BOTANIA: 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.
BOTANIA
Largest movements
- Tangible fixed assets +€2.3m
up €2.3m (+27.6%), from €8.2m to €10.4m
of which Land and buildings: +€2.0m
- Receivables within one year -€1.3m
down €1.3m (-88.5%), from €1.5m to €173,623
of which Trade receivables: -€939,524
- Other debts +€1.2m
up €1.2m (+175.0%), from €684,959 to €1.9m
- Profit (loss) carried forward -€454,513
down €454,513 (-78.6%), from -€578,344 to -€1.0m
- Debts after one year +€276,850
up €276,850 (+5.0%), from €5.6m to €5.8m
- Trade debts -€267,063
down €267,063 (-15.4%), from €1.7m to €1.5m
- Investment grants +€152,008
new in 2025: €152,008
- Depreciation +€246,726
up €246,726 (+319.9%), from €77,131 to €323,858
- Gross operating margin +€184,775
up €184,775, from -€46,490 to €138,285
- Financial charges +€26,658
up €26,658 (+13.9%), from €192,183 to €218,841
- Other operating charges +€17,127
up €17,127 (+44.8%), from €38,214 to €55,341
- Financial income +€5,242
new in 2025: €5,242
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 | €9,689,076 | €10,632,123 | +€943,047 | +9.7% |
| Fixed assets | 21/28 | €8,174,482 | €10,427,731 | +€2.3m | +27.6% |
| Tangible fixed assets | 22/27 | €8,174,482 | €10,427,731 | +€2.3m | +27.6% |
| Land and buildings | 22 | €8,157,069 | €10,113,385 | +€2.0m | +24.0% |
| Plant, machinery and equipment | 23 | €17,413 | €314,346 | +€296,933 | +1705.2% |
| Current assets | 29/58 | €1,514,594 | €204,392 | -€1.3m | -86.5% |
| Amounts receivable within one year | 40/41 | €1,506,706 | €173,623 | -€1.3m | -88.5% |
| Trade receivables | 40 | €1,113,146 | €173,623 | -€939,524 | -84.4% |
| Other amounts receivable | 41 | €393,560 | - | -€393,560 | |
| Cash at bank and in hand | 54/58 | - | €25,484 | +€25,484 | |
| Deferred charges and accrued income | 490/1 | €7,888 | €5,285 | -€2,603 | -33.0% |
| Total equity and liabilities | 10/49 | €9,689,076 | €10,632,123 | +€943,047 | +9.7% |
| Equity | 10/15 | €1,631,656 | €1,329,151 | -€302,505 | -18.5% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Revaluation surpluses | 12 | €2,200,000 | €2,200,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€578,344 | -€1,032,857 | -€454,513 | -78.6% |
| Investment grants | 15 | - | €152,008 | +€152,008 | |
| Amounts payable | 17/49 | €8,057,421 | €9,302,972 | +€1.2m | +15.5% |
| Amounts payable after more than one year | 17 | €5,565,000 | €5,841,850 | +€276,850 | +5.0% |
| Financial debts | 170/4 | €5,565,000 | €5,841,850 | +€276,850 | +5.0% |
| Amounts payable within one year | 42/48 | €2,485,942 | €3,447,779 | +€961,837 | +38.7% |
| Current portion of amounts payable after more than one year | 42 | - | €69,650 | +€69,650 | |
| Financial debts | 43 | €69,062 | €29,379 | -€39,683 | -57.5% |
| Credit institutions | 430/8 | €69,062 | - | -€69,062 | |
| Other loans | 439 | - | €29,379 | +€29,379 | |
| Trade debts | 44 | €1,731,921 | €1,464,858 | -€267,063 | -15.4% |
| Suppliers | 440/4 | €1,731,921 | €1,464,858 | -€267,063 | -15.4% |
| Other amounts payable | 47/48 | €684,959 | €1,883,893 | +€1.2m | +175.0% |
| Accrued charges and deferred income | 492/3 | €6,479 | €13,343 | +€6,864 | +105.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €77,131 | €323,858 | +€246,726 | +319.9% |
| Other operating charges | 640/8 | €38,214 | €55,341 | +€17,127 | +44.8% |
| Gross operating margin | 9900 | -€46,490 | €138,285 | +€184,775 | |
| Operating profit (loss) | 9901 | -€161,836 | -€240,914 | -€79,078 | -48.9% |
| Financial income | 75/76B | - | €5,242 | +€5,242 | |
| Recurring financial income | 75 | - | €5,242 | +€5,242 | |
| Financial charges | 65/66B | €192,183 | €218,841 | +€26,658 | +13.9% |
| Recurring financial charges | 65 | €192,183 | €218,841 | +€26,658 | +13.9% |
| Profit (loss) for the period before taxes | 9903 | -€354,019 | -€454,513 | -€100,494 | -28.4% |
| Profit (loss) for the period | 9904 | -€354,019 | -€454,513 | -€100,494 | -28.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€354,019 | -€454,513 | -€100,494 | -28.4% |
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 29 September 2026 via checked.be.