BOTECH: 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.
BOTECH
Largest movements
- Receivables within one year -€316,996
down €316,996 (-27.8%), from €1.1m to €821,571
of which Trade receivables: -€284,582
- Profit (loss) carried forward -€364,386
down €364,386, from €2,744 to -€361,642
- Trade debts +€49,491
up €49,491 (+32.8%), from €150,767 to €200,258
- Other debts -€13,817
down €13,817 (-1.8%), from €749,149 to €735,332
- Gross operating margin -€319,682
down €319,682, from €168,833 to -€150,849
- Write-downs +€131,775
up €131,775 (+1,237%), from €10,649 to €142,424
- Financial charges +€26,212
up €26,212 (+61.8%), from €42,441 to €68,653
of which Non-recurring financial charges: +€39,428
- Financial income +€3,345
up €3,345 (+33,445,600%), from €0 to €3,345
- Other operating charges +€2,541
up €2,541 (+284%), from €895 to €3,436
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,151,607 | €831,621 | -€319,987 | -27.8% |
| Fixed assets | 21/28 | €11,688 | €9,318 | -€2,369 | -20.3% |
| Intangible fixed assets | 21 | €6,000 | €5,000 | -€1,000 | -16.7% |
| Tangible fixed assets | 22/27 | €5,688 | €4,318 | -€1,369 | -24.1% |
| Land and buildings | 22 | €2,545 | €2,407 | -€138 | -5.4% |
| Furniture and vehicles | 24 | €3,142 | €1,911 | -€1,231 | -39.2% |
| Current assets | 29/58 | €1,139,920 | €822,303 | -€317,617 | -27.9% |
| Amounts receivable within one year | 40/41 | €1,138,567 | €821,571 | -€316,996 | -27.8% |
| Trade receivables | 40 | €1,049,127 | €764,545 | -€284,582 | -27.1% |
| Other amounts receivable | 41 | €89,440 | €57,026 | -€32,414 | -36.2% |
| Cash at bank and in hand | 54/58 | €30 | - | -€30 | |
| Deferred charges and accrued income | 490/1 | €1,322 | €732 | -€591 | -44.7% |
| Total equity and liabilities | 10/49 | €1,151,607 | €831,621 | -€319,987 | -27.8% |
| Equity | 10/15 | €75,704 | -€288,682 | -€364,386 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €54,360 | €54,360 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Tax-exempt reserves | 132 | €52,500 | €52,500 | = | 0.0% |
| Distributable reserves | 133 | - | €1,860 | +€1,860 | |
| Profit (loss) carried forward | 14 | €2,744 | -€361,642 | -€364,386 | |
| Amounts payable | 17/49 | €1,075,904 | €1,120,302 | +€44,399 | +4.1% |
| Amounts payable within one year | 42/48 | €1,075,904 | €1,120,302 | +€44,399 | +4.1% |
| Current portion of amounts payable after more than one year | 42 | €987 | - | -€987 | |
| Financial debts | 43 | €175,000 | €178,675 | +€3,675 | +2.1% |
| Credit institutions | 430/8 | - | €3,675 | +€3,675 | |
| Other loans | 439 | €175,000 | €175,000 | = | 0.0% |
| Trade debts | 44 | €150,767 | €200,258 | +€49,491 | +32.8% |
| Suppliers | 440/4 | €150,767 | €200,258 | +€49,491 | +32.8% |
| Taxes, remuneration and social security | 45 | - | €6,037 | +€6,037 | |
| Taxes | 450/3 | - | €6,037 | +€6,037 | |
| Other amounts payable | 47/48 | €749,149 | €735,332 | -€13,817 | -1.8% |
| Remuneration, social security and pensions | 62 | €224 | - | -€224 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,867 | €2,369 | -€498 | -17.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €10,649 | €142,424 | +€131,775 | +1,237% |
| Other operating charges | 640/8 | €895 | €3,436 | +€2,541 | +284% |
| Gross operating margin | 9900 | €168,833 | -€150,849 | -€319,682 | |
| Operating profit (loss) | 9901 | €154,198 | -€299,078 | -€453,275 | |
| Financial income | 75/76B | €0 | €3,345 | +€3,345 | +33,445,600% |
| Recurring financial income | 75 | €0 | €3,345 | +€3,345 | +33,445,600% |
| Financial charges | 65/66B | €42,441 | €68,653 | +€26,212 | +61.8% |
| Recurring financial charges | 65 | €22,425 | €9,208 | -€13,217 | -58.9% |
| Non-recurring financial charges | 66B | €20,016 | €59,444 | +€39,428 | +197% |
| Profit (loss) for the period before taxes | 9903 | €111,757 | -€364,386 | -€476,142 | |
| Profit (loss) for the period | 9904 | €111,757 | -€364,386 | -€476,142 | |
| Profit (loss) for the period to be appropriated | 9905 | €111,757 | -€364,386 | -€476,142 |
Source: filed annual accounts (NBB), financial years ended 30 September 2022 and 30 September 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.