BOTENHUIS: 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.
BOTENHUIS
Largest movements
- Current investments +€80,000
new in 2025: €80,000
- Deferred charges and accrued income +€3,797
up €3,797 (+36.1%), from €10,517 to €14,314
- Other debts +€39,169
up €39,169 (+3,953%), from €991 to €40,160
- Profit (loss) carried forward +€32,041
up €32,041 (+444%), from €7,222 to €39,264
- Tax, wage and social debts +€4,837
up €4,837 (+52.1%), from €9,287 to €14,124
of which Remuneration and social security: +€4,509
- Trade debts +€4,717
up €4,717 (+903%), from €522 to €5,239
- Short-term financial debts -€3,333
down €3,333 (-100%), from €3,333 to €0
- Gross operating margin +€100,803
up €100,803 (+62.8%), from €160,577 to €261,380
- Staff costs +€54,011
up €54,011 (+47.8%), from €112,998 to €167,009
- Taxes -€9,250
down €9,250 (-46.9%), from €19,735 to €10,484
- Financial charges -€9,195
down €9,195 (-75.1%), from €12,243 to €3,048
of which Non-recurring financial charges: -€8,610
- Financial income -€7,423
down €7,423 (-55.9%), from €13,290 to €5,868
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 | €210,906 | €288,327 | +€77,421 | +36.7% |
| Fixed assets | 21/28 | €43,754 | €42,013 | -€1,741 | -4.0% |
| Tangible fixed assets | 22/27 | €43,754 | €42,013 | -€1,741 | -4.0% |
| Plant, machinery and equipment | 23 | €11,149 | €18,346 | +€7,197 | +64.5% |
| Furniture and vehicles | 24 | €32,605 | €23,668 | -€8,937 | -27.4% |
| Current assets | 29/58 | €167,151 | €246,313 | +€79,162 | +47.4% |
| Amounts receivable after more than one year | 29 | €100,000 | €100,000 | = | 0.0% |
| Other amounts receivable | 291 | €100,000 | €100,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €9,548 | €7,265 | -€2,283 | -23.9% |
| Stocks | 30/36 | €9,548 | €7,265 | -€2,283 | -23.9% |
| Amounts receivable within one year | 40/41 | €4,827 | €4,537 | -€290 | -6.0% |
| Trade receivables | 40 | €968 | €3,022 | +€2,054 | +212% |
| Other amounts receivable | 41 | €3,859 | €1,516 | -€2,343 | -60.7% |
| Current investments | 50/53 | - | €80,000 | +€80,000 | |
| Cash at bank and in hand | 54/58 | €42,260 | €40,197 | -€2,063 | -4.9% |
| Deferred charges and accrued income | 490/1 | €10,517 | €14,314 | +€3,797 | +36.1% |
| Total equity and liabilities | 10/49 | €210,906 | €288,327 | +€77,421 | +36.7% |
| Equity | 10/15 | €196,723 | €228,765 | +€32,041 | +16.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €183,301 | €183,301 | = | 0.0% |
| Distributable reserves | 133 | €183,301 | €183,301 | = | 0.0% |
| Profit (loss) carried forward | 14 | €7,222 | €39,264 | +€32,041 | +444% |
| Amounts payable | 17/49 | €14,182 | €59,562 | +€45,380 | +320% |
| Amounts payable within one year | 42/48 | €14,133 | €59,523 | +€45,390 | +321% |
| Financial debts | 43 | €3,333 | €0 | -€3,333 | -100% |
| Credit institutions | 430/8 | €3,333 | €0 | -€3,333 | -100% |
| Trade debts | 44 | €522 | €5,239 | +€4,717 | +903% |
| Suppliers | 440/4 | €522 | €5,239 | +€4,717 | +903% |
| Taxes, remuneration and social security | 45 | €9,287 | €14,124 | +€4,837 | +52.1% |
| Taxes | 450/3 | €4,533 | €4,861 | +€328 | +7.2% |
| Remuneration and social security | 454/9 | €4,754 | €9,263 | +€4,509 | +94.9% |
| Other amounts payable | 47/48 | €991 | €40,160 | +€39,169 | +3,953% |
| Accrued charges and deferred income | 492/3 | €49 | €39 | -€10 | -19.8% |
| Remuneration, social security and pensions | 62 | €112,998 | €167,009 | +€54,011 | +47.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,954 | €13,189 | +€1,235 | +10.3% |
| Other operating charges | 640/8 | €716 | €672 | -€44 | -6.2% |
| Non-recurring operating charges | 66A | - | €804 | +€804 | |
| Gross operating margin | 9900 | €160,577 | €261,380 | +€100,803 | +62.8% |
| Operating profit (loss) | 9901 | €34,909 | €79,706 | +€44,797 | +128% |
| Financial income | 75/76B | €13,290 | €5,868 | -€7,423 | -55.9% |
| Recurring financial income | 75 | €13,290 | €5,868 | -€7,423 | -55.9% |
| Financial charges | 65/66B | €12,243 | €3,048 | -€9,195 | -75.1% |
| Recurring financial charges | 65 | €3,633 | €3,048 | -€585 | -16.1% |
| Non-recurring financial charges | 66B | €8,610 | €0 | -€8,610 | -100% |
| Profit (loss) for the period before taxes | 9903 | €35,956 | €82,526 | +€46,570 | +130% |
| Income taxes | 67/77 | €19,735 | €10,484 | -€9,250 | -46.9% |
| Profit (loss) for the period | 9904 | €16,221 | €72,041 | +€55,820 | +344% |
| Profit (loss) for the period to be appropriated | 9905 | €16,221 | €72,041 | +€55,820 | +344% |
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 22 October 2026 via checked.be.