Botecco: 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.
Botecco
Largest movements
- Cash -€267,480
down €267,480 (-66.2%), from €404,015 to €136,535
mainly Contributions, distributions and other (-€415,320) and Receivables within one year (-€5,501)
- Receivables within one year +€5,501
up €5,501 (+24.0%), from €22,907 to €28,408
of which Other amounts receivable: +€3,800
- Reserves -€239,722
down €239,722 (-77.8%), from €308,232 to €68,510
of which Distributable reserves: -€239,722
- Profit (loss) carried forward -€99,473
no longer reported in 2025 (was €99,473)
- Other debts +€76,708
up €76,708 (+1,849%), from €4,149 to €80,858
- Gross operating margin -€31,516
down €31,516 (-24.3%), from €129,642 to €98,125
- Taxes -€7,806
down €7,806 (-28.5%), from €27,416 to €19,610
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €432,310 | €169,887 | -€262,422 | -60.7% |
| Fixed assets | 21/28 | €1,848 | €1,302 | -€546 | -29.6% |
| Tangible fixed assets | 22/27 | €1,751 | €1,205 | -€546 | -31.2% |
| Plant, machinery and equipment | 23 | - | €812 | +€812 | |
| Furniture and vehicles | 24 | €1,751 | €392 | -€1,358 | -77.6% |
| Financial fixed assets | 28 | €97 | €97 | = | 0.0% |
| Current assets | 29/58 | €430,461 | €168,585 | -€261,876 | -60.8% |
| Amounts receivable within one year | 40/41 | €22,907 | €28,408 | +€5,501 | +24.0% |
| Trade receivables | 40 | €18,460 | €20,160 | +€1,700 | +9.2% |
| Other amounts receivable | 41 | €4,447 | €8,248 | +€3,800 | +85.5% |
| Cash at bank and in hand | 54/58 | €404,015 | €136,535 | -€267,480 | -66.2% |
| Deferred charges and accrued income | 490/1 | €3,540 | €3,643 | +€103 | +2.9% |
| Total equity and liabilities | 10/49 | €432,310 | €169,887 | -€262,422 | -60.7% |
| Equity | 10/15 | €426,305 | €87,110 | -€339,195 | -79.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €308,232 | €68,510 | -€239,722 | -77.8% |
| Tax-exempt reserves | 132 | €178 | €178 | = | 0.0% |
| Distributable reserves | 133 | €308,054 | €68,332 | -€239,722 | -77.8% |
| Profit (loss) carried forward | 14 | €99,473 | - | -€99,473 | |
| Amounts payable | 17/49 | €6,005 | €82,777 | +€76,772 | +1,279% |
| Amounts payable within one year | 42/48 | €6,005 | €82,777 | +€76,772 | +1,279% |
| Trade debts | 44 | €49 | €1,919 | +€1,871 | +3,826% |
| Suppliers | 440/4 | €49 | €1,919 | +€1,871 | +3,826% |
| Taxes, remuneration and social security | 45 | €1,806 | - | -€1,806 | |
| Taxes | 450/3 | €1,806 | - | -€1,806 | |
| Other amounts payable | 47/48 | €4,149 | €80,858 | +€76,708 | +1,849% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,617 | €1,417 | -€200 | -12.4% |
| Other operating charges | 640/8 | €687 | €708 | +€21 | +3.0% |
| Gross operating margin | 9900 | €129,642 | €98,125 | -€31,516 | -24.3% |
| Operating profit (loss) | 9901 | €127,338 | €96,001 | -€31,337 | -24.6% |
| Financial charges | 65/66B | €449 | €266 | -€184 | -40.9% |
| Recurring financial charges | 65 | €449 | €266 | -€184 | -40.9% |
| Profit (loss) for the period before taxes | 9903 | €126,888 | €95,735 | -€31,153 | -24.6% |
| Income taxes | 67/77 | €27,416 | €19,610 | -€7,806 | -28.5% |
| Profit (loss) for the period | 9904 | €99,473 | €76,125 | -€23,347 | -23.5% |
| Profit (loss) for the period to be appropriated | 9905 | €99,473 | €76,125 | -€23,347 | -23.5% |
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 30 October 2026 via checked.be.