BOTEX: what changed
Two fiscal 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.
BOTEX
Largest movements
- Cash +€5,143
up €5,143 (+31.3%), from €16,449 to €21,592
mainly Trade debts (+€7,193) and Tax, wage and social debts (+€2,299)
- Stocks and contracts +€4,210
up €4,210 (+3.1%), from €137,796 to €142,006
- Tangible fixed assets +€1,846
up €1,846 (+104.7%), from €1,763 to €3,609
of which Furniture and vehicles: +€1,007
- Trade debts +€7,193
up €7,193 (+421.6%), from €1,706 to €8,899
- Tax, wage and social debts +€2,299
up €2,299 (+63.7%), from €3,608 to €5,907
- Purchases and services -€31,746
down €31,746 (-14.2%), from €224,114 to €192,368
- Gross operating margin +€24,120
up €24,120 (+112.9%), from €21,372 to €45,492
- Staff costs +€7,394
up €7,394 (+22.3%), from €33,210 to €40,604
- Turnover -€4,626
down €4,626 (-1.9%), from €242,486 to €237,860
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 | €160,026 | €171,225 | +€11,199 | +7.0% |
| Fixed assets | 21/28 | €3,223 | €5,069 | +€1,846 | +57.3% |
| Tangible fixed assets | 22/27 | €1,763 | €3,609 | +€1,846 | +104.7% |
| Land and buildings | 22 | €1,127 | €1,966 | +€839 | +74.4% |
| Furniture and vehicles | 24 | €636 | €1,643 | +€1,007 | +158.3% |
| Financial fixed assets | 28 | €1,460 | €1,460 | = | 0.0% |
| Current assets | 29/58 | €156,803 | €166,156 | +€9,353 | +6.0% |
| Stocks and contracts in progress | 3 | €137,796 | €142,006 | +€4,210 | +3.1% |
| Stocks | 30/36 | €137,796 | €142,006 | +€4,210 | +3.1% |
| Amounts receivable within one year | 40/41 | €2,558 | €2,558 | = | 0.0% |
| Trade receivables | 40 | €2,218 | €2,218 | = | 0.0% |
| Other amounts receivable | 41 | €340 | €340 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €16,449 | €21,592 | +€5,143 | +31.3% |
| Total equity and liabilities | 10/49 | €160,026 | €171,225 | +€11,199 | +7.0% |
| Equity | 10/15 | €17,692 | €18,359 | +€667 | +3.8% |
| Contributions | 10/11 | €62,500 | €62,500 | = | 0.0% |
| Reserves | 13 | €746 | €746 | = | 0.0% |
| Non-distributable reserves | 130/1 | €746 | €746 | = | 0.0% |
| Reserves not available under the articles | 1311 | €746 | €746 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€45,554 | -€44,887 | +€667 | +1.5% |
| Amounts payable | 17/49 | €142,334 | €152,866 | +€10,532 | +7.4% |
| Amounts payable within one year | 42/48 | €142,334 | €152,866 | +€10,532 | +7.4% |
| Financial debts | 43 | €67,020 | €68,060 | +€1,040 | +1.6% |
| Other loans | 439 | €67,020 | €68,060 | +€1,040 | +1.6% |
| Trade debts | 44 | €1,706 | €8,899 | +€7,193 | +421.6% |
| Suppliers | 440/4 | €1,706 | €8,899 | +€7,193 | +421.6% |
| Taxes, remuneration and social security | 45 | €3,608 | €5,907 | +€2,299 | +63.7% |
| Taxes | 450/3 | €3,608 | €5,907 | +€2,299 | +63.7% |
| Other amounts payable | 47/48 | €70,000 | €70,000 | = | 0.0% |
| Turnover | 70 | €242,486 | €237,860 | -€4,626 | -1.9% |
| Non-recurring operating income | 76A | €3,000 | - | -€3,000 | |
| Goods, raw materials, services and sundry goods | 60/61 | €224,114 | €192,368 | -€31,746 | -14.2% |
| Remuneration, social security and pensions | 62 | €33,210 | €40,604 | +€7,394 | +22.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,197 | €1,282 | +€85 | +7.1% |
| Other operating charges | 640/8 | €806 | €831 | +€25 | +3.1% |
| Gross operating margin | 9900 | €21,372 | €45,492 | +€24,120 | +112.9% |
| Operating profit (loss) | 9901 | -€13,841 | €2,775 | +€16,616 | |
| Financial charges | 65/66B | €848 | €2,108 | +€1,260 | +148.6% |
| Recurring financial charges | 65 | €727 | €1,617 | +€890 | +122.4% |
| Non-recurring financial charges | 66B | €121 | €491 | +€370 | +305.8% |
| Profit (loss) for the period before taxes | 9903 | -€14,689 | €667 | +€15,356 | |
| Income taxes | 67/77 | €32 | - | -€32 | |
| Profit (loss) for the period | 9904 | -€14,721 | €667 | +€15,388 | |
| Profit (loss) for the period to be appropriated | 9905 | -€14,721 | €667 | +€15,388 |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.