Botermijn Busschots: 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.
Botermijn Busschots
Largest movements
- Cash -€37,818
down €37,818 (-8.8%), from €429,113 to €391,295
mainly Contributions, distributions and other (-€216,647) and Investment in fixed assets (net) (-€109,173)
- Tangible fixed assets +€35,590
up €35,590 (+14.3%), from €248,933 to €284,523
of which Plant, machinery and equipment: +€36,800
- Receivables within one year -€33,297
down €33,297 (-41.4%), from €80,503 to €47,207
of which Trade receivables: -€17,184
- Reserves -€43,457
down €43,457 (-5.8%), from €745,199 to €701,743
of which Distributable reserves: -€43,457
- Trade debts -€35,311
down €35,311 (-64.6%), from €54,647 to €19,336
- Other debts +€35,000
up €35,000 (+41.2%), from €85,000 to €120,000
- Gross operating margin +€52,660
up €52,660 (+17.5%), from €301,730 to €354,390
- Depreciation +€17,147
up €17,147 (+30.4%), from €56,437 to €73,584
- Other operating charges -€8,291
down €8,291 (-24.1%), from €34,408 to €26,117
- Financial income -€5,066
down €5,066 (-93.1%), from €5,442 to €376
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €921,151 | €886,997 | -€34,154 | -3.7% |
| Fixed assets | 21/28 | €248,933 | €284,523 | +€35,590 | +14.3% |
| Tangible fixed assets | 22/27 | €248,933 | €284,523 | +€35,590 | +14.3% |
| Land and buildings | 22 | €52,676 | €47,283 | -€5,392 | -10.2% |
| Plant, machinery and equipment | 23 | €97,883 | €134,682 | +€36,800 | +37.6% |
| Furniture and vehicles | 24 | €98,375 | €102,557 | +€4,182 | +4.3% |
| Current assets | 29/58 | €672,218 | €602,474 | -€69,744 | -10.4% |
| Stocks and contracts in progress | 3 | €145,160 | €146,732 | +€1,572 | +1.1% |
| Stocks | 30/36 | €145,160 | €146,732 | +€1,572 | +1.1% |
| Amounts receivable within one year | 40/41 | €80,503 | €47,207 | -€33,297 | -41.4% |
| Trade receivables | 40 | €53,336 | €36,152 | -€17,184 | -32.2% |
| Other amounts receivable | 41 | €27,167 | €11,054 | -€16,113 | -59.3% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €429,113 | €391,295 | -€37,818 | -8.8% |
| Deferred charges and accrued income | 490/1 | €17,442 | €17,241 | -€200 | -1.1% |
| Total equity and liabilities | 10/49 | €921,151 | €886,997 | -€34,154 | -3.7% |
| Equity | 10/15 | €769,989 | €726,532 | -€43,457 | -5.6% |
| Contributions | 10/11 | €24,789 | €24,789 | = | 0.0% |
| Reserves | 13 | €745,199 | €701,743 | -€43,457 | -5.8% |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Distributable reserves | 133 | €726,449 | €682,993 | -€43,457 | -6.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €151,162 | €160,465 | +€9,303 | +6.2% |
| Amounts payable within one year | 42/48 | €151,162 | €156,103 | +€4,941 | +3.3% |
| Trade debts | 44 | €54,647 | €19,336 | -€35,311 | -64.6% |
| Suppliers | 440/4 | €54,647 | €19,336 | -€35,311 | -64.6% |
| Taxes, remuneration and social security | 45 | €11,516 | €16,767 | +€5,252 | +45.6% |
| Taxes | 450/3 | €7,508 | €10,037 | +€2,530 | +33.7% |
| Remuneration and social security | 454/9 | €4,008 | €6,730 | +€2,722 | +67.9% |
| Other amounts payable | 47/48 | €85,000 | €120,000 | +€35,000 | +41.2% |
| Accrued charges and deferred income | 492/3 | - | €4,362 | +€4,362 | |
| Remuneration, social security and pensions | 62 | €54,529 | €55,397 | +€867 | +1.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €56,437 | €73,584 | +€17,147 | +30.4% |
| Other operating charges | 640/8 | €34,408 | €26,117 | -€8,291 | -24.1% |
| Gross operating margin | 9900 | €301,730 | €354,390 | +€52,660 | +17.5% |
| Operating profit (loss) | 9901 | €156,356 | €199,292 | +€42,936 | +27.5% |
| Financial income | 75/76B | €5,442 | €376 | -€5,066 | -93.1% |
| Recurring financial income | 75 | €5,442 | €376 | -€5,066 | -93.1% |
| Financial charges | 65/66B | €243 | €641 | +€397 | +163.2% |
| Recurring financial charges | 65 | €243 | €641 | +€397 | +163.2% |
| Profit (loss) for the period before taxes | 9903 | €161,555 | €199,028 | +€37,473 | +23.2% |
| Income taxes | 67/77 | €22,825 | €25,837 | +€3,012 | +13.2% |
| Profit (loss) for the period | 9904 | €138,730 | €173,191 | +€34,461 | +24.8% |
| Profit (loss) for the period to be appropriated | 9905 | €138,730 | €173,191 | +€34,461 | +24.8% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.