BOTANIK SOURCE: 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.
BOTANIK SOURCE
Largest movements
- Receivables within one year +€412,750
up €412,750 (+90.4%), from €456,568 to €869,317
of which Trade receivables: +€539,011
- Deferred charges and accrued income +€189,326
up €189,326 (+1262.2%), from €15,000 to €204,326
- Stocks and contracts -€172,880
down €172,880 (-17.2%), from €1.0m to €830,306
- Trade debts +€528,267
up €528,267 (+63.1%), from €836,642 to €1.4m
- Accrued charges and deferred income -€311,753
no longer reported in 2025 (was €311,753)
- Other debts +€232,617
up €232,617 (+1043.3%), from €22,296 to €254,914
- Debts after one year -€33,434
down €33,434 (-51.1%), from €65,392 to €31,958
- Profit (loss) carried forward +€25,743
up €25,743 (+15.8%), from €162,675 to €188,418
- Write-downs +€38,060
new in 2025: €38,060
- Taxes -€9,798
down €9,798 (-51.1%), from €19,169 to €9,371
- Financial charges +€8,558
up €8,558 (+231.5%), from €3,697 to €12,255
- Gross operating margin +€7,632
up €7,632 (+10.0%), from €76,528 to €84,159
- Financial income +€3,277
new in 2025: €3,277
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 | €1,481,468 | €1,922,523 | +€441,055 | +29.8% |
| Current assets | 29/58 | €1,481,468 | €1,922,523 | +€441,055 | +29.8% |
| Stocks and contracts in progress | 3 | €1,003,186 | €830,306 | -€172,880 | -17.2% |
| Stocks | 30/36 | €1,003,186 | €830,306 | -€172,880 | -17.2% |
| Amounts receivable within one year | 40/41 | €456,568 | €869,317 | +€412,750 | +90.4% |
| Trade receivables | 40 | €293,797 | €832,807 | +€539,011 | +183.5% |
| Other amounts receivable | 41 | €162,771 | €36,510 | -€126,261 | -77.6% |
| Cash at bank and in hand | 54/58 | €6,714 | €18,574 | +€11,860 | +176.7% |
| Deferred charges and accrued income | 490/1 | €15,000 | €204,326 | +€189,326 | +1262.2% |
| Total equity and liabilities | 10/49 | €1,481,468 | €1,922,523 | +€441,055 | +29.8% |
| Equity | 10/15 | €182,675 | €208,418 | +€25,743 | +14.1% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €162,675 | €188,418 | +€25,743 | +15.8% |
| Amounts payable | 17/49 | €1,298,793 | €1,714,105 | +€415,313 | +32.0% |
| Amounts payable after more than one year | 17 | €65,392 | €31,958 | -€33,434 | -51.1% |
| Financial debts | 170/4 | €65,392 | €31,958 | -€33,434 | -51.1% |
| Amounts payable within one year | 42/48 | €921,647 | €1,682,147 | +€760,499 | +82.5% |
| Current portion of amounts payable after more than one year | 42 | €32,003 | €33,434 | +€1,430 | +4.5% |
| Trade debts | 44 | €836,642 | €1,364,909 | +€528,267 | +63.1% |
| Suppliers | 440/4 | €836,642 | €1,364,909 | +€528,267 | +63.1% |
| Taxes, remuneration and social security | 45 | €30,706 | €28,890 | -€1,815 | -5.9% |
| Taxes | 450/3 | €30,706 | €28,890 | -€1,815 | -5.9% |
| Other amounts payable | 47/48 | €22,296 | €254,914 | +€232,617 | +1043.3% |
| Accrued charges and deferred income | 492/3 | €311,753 | - | -€311,753 | |
| Remuneration, social security and pensions | 62 | €313 | - | -€313 | |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €38,060 | +€38,060 | |
| Other operating charges | 640/8 | €657 | €2,008 | +€1,351 | +205.7% |
| Gross operating margin | 9900 | €76,528 | €84,159 | +€7,632 | +10.0% |
| Operating profit (loss) | 9901 | €75,557 | €44,092 | -€31,466 | -41.6% |
| Financial income | 75/76B | - | €3,277 | +€3,277 | |
| Recurring financial income | 75 | - | €3,277 | +€3,277 | |
| Financial charges | 65/66B | €3,697 | €12,255 | +€8,558 | +231.5% |
| Recurring financial charges | 65 | €3,697 | €12,255 | +€8,558 | +231.5% |
| Profit (loss) for the period before taxes | 9903 | €71,860 | €35,114 | -€36,747 | -51.1% |
| Income taxes | 67/77 | €19,169 | €9,371 | -€9,798 | -51.1% |
| Profit (loss) for the period | 9904 | €52,692 | €25,743 | -€26,949 | -51.1% |
| Profit (loss) for the period to be appropriated | 9905 | €52,692 | €25,743 | -€26,949 | -51.1% |
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 7 October 2026 via checked.be.