BOTAWIEL: 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.
BOTAWIEL
Largest movements
- Cash +€46,621
up €46,621 (+55.4%), from €84,147 to €130,768
mainly Net result for the year (+€82,775) and Depreciation (+€11,952)
- Receivables after one year +€30,000
up €30,000 (+87.0%), from €34,500 to €64,500
- Receivables within one year +€23,767
up €23,767 (+121.4%), from €19,570 to €43,337
of which Trade receivables: +€23,812
- Tangible fixed assets -€11,952
down €11,952 (-18.7%), from €63,810 to €51,857
of which Land and buildings: -€7,372
- Reserves +€82,775
up €82,775 (+50.9%), from €162,653 to €245,428
of which Distributable reserves: +€82,775
- Trade debts +€5,952
up €5,952 (+604.1%), from €985 to €6,937
- Debts after one year -€5,140
down €5,140 (-11.0%), from €46,779 to €41,639
- Tax, wage and social debts +€3,603
up €3,603 (+27.6%), from €13,059 to €16,662
of which Taxes: +€4,692
- Gross operating margin +€6,813
up €6,813 (+5.6%), from €122,009 to €128,823
- Taxes +€2,323
up €2,323 (+7.4%), from €31,227 to €33,549
- Financial income +€1,362
up €1,362 (+117.0%), from €1,165 to €2,527
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 | €254,316 | €343,474 | +€89,158 | +35.1% |
| Fixed assets | 21/28 | €63,810 | €51,857 | -€11,952 | -18.7% |
| Tangible fixed assets | 22/27 | €63,810 | €51,857 | -€11,952 | -18.7% |
| Land and buildings | 22 | €57,811 | €50,439 | -€7,372 | -12.8% |
| Furniture and vehicles | 24 | €5,999 | €1,419 | -€4,580 | -76.4% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €190,506 | €291,617 | +€101,111 | +53.1% |
| Amounts receivable after more than one year | 29 | €34,500 | €64,500 | +€30,000 | +87.0% |
| Other amounts receivable | 291 | €34,500 | €64,500 | +€30,000 | +87.0% |
| Amounts receivable within one year | 40/41 | €19,570 | €43,337 | +€23,767 | +121.4% |
| Trade receivables | 40 | €19,525 | €43,337 | +€23,812 | +122.0% |
| Other amounts receivable | 41 | €45 | €0 | -€45 | -100.0% |
| Current investments | 50/53 | €50,000 | €50,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €84,147 | €130,768 | +€46,621 | +55.4% |
| Deferred charges and accrued income | 490/1 | €2,288 | €3,011 | +€723 | +31.6% |
| Total equity and liabilities | 10/49 | €254,316 | €343,474 | +€89,158 | +35.1% |
| Equity | 10/15 | €188,271 | €271,046 | +€82,775 | +44.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €162,653 | €245,428 | +€82,775 | +50.9% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €162,653 | €245,428 | +€82,775 | +50.9% |
| Profit (loss) carried forward | 14 | €7,017 | €7,017 | = | 0.0% |
| Amounts payable | 17/49 | €66,045 | €72,429 | +€6,384 | +9.7% |
| Amounts payable after more than one year | 17 | €46,779 | €41,639 | -€5,140 | -11.0% |
| Financial debts | 170/4 | €46,779 | €41,639 | -€5,140 | -11.0% |
| Amounts payable within one year | 42/48 | €19,266 | €30,789 | +€11,523 | +59.8% |
| Current portion of amounts payable after more than one year | 42 | €5,048 | €5,140 | +€92 | +1.8% |
| Trade debts | 44 | €985 | €6,937 | +€5,952 | +604.1% |
| Suppliers | 440/4 | €985 | €6,937 | +€5,952 | +604.1% |
| Taxes, remuneration and social security | 45 | €13,059 | €16,662 | +€3,603 | +27.6% |
| Taxes | 450/3 | €10,266 | €14,958 | +€4,692 | +45.7% |
| Remuneration and social security | 454/9 | €2,793 | €1,704 | -€1,090 | -39.0% |
| Other amounts payable | 47/48 | €174 | €2,051 | +€1,877 | +1078.4% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,184 | €11,952 | +€769 | +6.9% |
| Other operating charges | 640/8 | €1,930 | €2,048 | +€118 | +6.1% |
| Gross operating margin | 9900 | €122,009 | €128,823 | +€6,813 | +5.6% |
| Operating profit (loss) | 9901 | €108,896 | €114,822 | +€5,926 | +5.4% |
| Financial income | 75/76B | €1,165 | €2,527 | +€1,362 | +117.0% |
| Recurring financial income | 75 | €1,165 | €2,527 | +€1,362 | +117.0% |
| Financial charges | 65/66B | €1,061 | €1,025 | -€36 | -3.4% |
| Recurring financial charges | 65 | €1,061 | €1,025 | -€36 | -3.4% |
| Profit (loss) for the period before taxes | 9903 | €109,000 | €116,324 | +€7,325 | +6.7% |
| Income taxes | 67/77 | €31,227 | €33,549 | +€2,323 | +7.4% |
| Profit (loss) for the period | 9904 | €77,773 | €82,775 | +€5,002 | +6.4% |
| Profit (loss) for the period to be appropriated | 9905 | €77,773 | €82,775 | +€5,002 | +6.4% |
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 11 October 2026 via checked.be.