BOTHANET SERVICES: 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.
What changed
BOTHANET SERVICES
NACE 96.910, Personal service activities
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€359,473
2024 · -€60,132-€299,341
Equity
€1.4m
2024 · €1.7m-€359,473
Cash
€109,109
2024 · €186,376-€77,266
Balance sheet total
€2.2m
2024 · €2.3m-€131,208
Largest movements
Assets
- Cash -€77,266
down €77,266 (-41.5%), from €186,376 to €109,109
mainly Net result for the year (-€359,473) and Debts after one year (-€46,930)
- Tangible fixed assets -€64,011
down €64,011 (-4.1%), from €1.5m to €1.5m
of which Land and buildings: -€60,300
Equity and liabilities
- Reserves -€351,236
down €351,236 (-29.6%), from €1.2m to €836,181
of which Tax-exempt reserves: -€351,236
- Tax, wage and social debts +€140,345
up €140,345 (+76.2%), from €184,295 to €324,639
of which Remuneration and social security: +€138,655
- Provisions +€135,400
new in 2025: €135,400
- Debts after one year -€46,930
down €46,930 (-17.8%), from €264,350 to €217,420
Income statement
- Gross operating margin -€209,317
down €209,317 (-9.9%), from €2.1m to €1.9m
- Staff costs -€40,380
down €40,380 (-2.0%), from €2.1m to €2.0m
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.
Result 2024
-€60,132
Gross operating margin
-€209,317
Staff costs
+€40,380
Depreciation
-€693
Other operating charges
+€6,977
Other operating items
-€143,794
Financial income
+€761
Financial charges
+€6,331
Taxes
+€13
Result 2025
-€359,473
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.
From operations
-€27,964
Investment
+€2,498
Financing
-€51,800
Cash 2024
€186,376
From operations (derived)
-€27,964
Net result for the year
-€359,473
Depreciation
+€68,462
Receivables after one year
+€3,000
Receivables within one year
-€20,127
Smaller working-capital items
-€47
Provisions
+€135,400
Trade debts
+€6,228
Tax, wage and social debts
+€140,345
Advances received
-€1,752
Investment (derived)
+€2,498
Investment in fixed assets (net)
-€7,038
Current investments
+€9,536
Financing
-€51,800
Debts after one year
-€46,930
Current portion of long-term debt
-€1,198
Short-term financial debts
-€3,672
Cash 2025
€109,109
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,292,737 | €2,161,529 | -€131,208 | -5.7% |
| Fixed assets | 21/28 | €1,802,590 | €1,741,167 | -€61,423 | -3.4% |
| Intangible fixed assets | 21 | - | €2,588 | +€2,588 | |
| Tangible fixed assets | 22/27 | €1,543,055 | €1,479,044 | -€64,011 | -4.1% |
| Land and buildings | 22 | €1,533,795 | €1,473,495 | -€60,300 | -3.9% |
| Plant, machinery and equipment | 23 | €6,139 | €3,481 | -€2,659 | -43.3% |
| Furniture and vehicles | 24 | €3,121 | €2,068 | -€1,053 | -33.7% |
| Financial fixed assets | 28 | €259,535 | €259,535 | = | 0.0% |
| Current assets | 29/58 | €490,147 | €420,362 | -€69,785 | -14.2% |
| Amounts receivable after more than one year | 29 | €47,818 | €44,818 | -€3,000 | -6.3% |
| Other amounts receivable | 291 | €47,818 | €44,818 | -€3,000 | -6.3% |
| Amounts receivable within one year | 40/41 | €210,731 | €230,858 | +€20,127 | +9.6% |
| Trade receivables | 40 | €1,995 | €17,654 | +€15,659 | +785.1% |
| Other amounts receivable | 41 | €208,736 | €213,204 | +€4,467 | +2.1% |
| Current investments | 50/53 | €24,660 | €15,124 | -€9,536 | -38.7% |
| Cash at bank and in hand | 54/58 | €186,376 | €109,109 | -€77,266 | -41.5% |
| Deferred charges and accrued income | 490/1 | €20,562 | €20,453 | -€109 | -0.5% |
| Total equity and liabilities | 10/49 | €2,292,737 | €2,161,529 | -€131,208 | -5.7% |
| Equity | 10/15 | €1,735,911 | €1,376,438 | -€359,473 | -20.7% |
| Contributions | 10/11 | €33,075 | €33,075 | = | 0.0% |
| Reserves | 13 | €1,187,417 | €836,181 | -€351,236 | -29.6% |
| Non-distributable reserves | 130/1 | €6,029 | €6,029 | = | 0.0% |
| Reserves not available under the articles | 1311 | €6,029 | €6,029 | = | 0.0% |
| Tax-exempt reserves | 132 | €1,181,388 | €830,152 | -€351,236 | -29.7% |
| Profit (loss) carried forward | 14 | €515,419 | €507,182 | -€8,237 | -1.6% |
| Provisions and deferred taxes | 16 | - | €135,400 | +€135,400 | |
| Provisions for liabilities and charges | 160/5 | - | €135,400 | +€135,400 | |
| Environmental obligations | 163 | - | €135,400 | +€135,400 | |
| Amounts payable | 17/49 | €556,826 | €649,691 | +€92,864 | +16.7% |
| Amounts payable after more than one year | 17 | €264,350 | €217,420 | -€46,930 | -17.8% |
| Financial debts | 170/4 | €264,350 | €217,420 | -€46,930 | -17.8% |
| Amounts payable within one year | 42/48 | €291,248 | €431,091 | +€139,843 | +48.0% |
| Current portion of amounts payable after more than one year | 42 | €51,195 | €49,996 | -€1,198 | -2.3% |
| Financial debts | 43 | €40,824 | €37,152 | -€3,672 | -9.0% |
| Credit institutions | 430/8 | €3,569 | €14 | -€3,554 | -99.6% |
| Other loans | 439 | €37,256 | €37,138 | -€118 | -0.3% |
| Trade debts | 44 | €13,076 | €19,303 | +€6,228 | +47.6% |
| Suppliers | 440/4 | €13,076 | €19,303 | +€6,228 | +47.6% |
| Advances received on contracts in progress | 46 | €1,752 | €0 | -€1,752 | -100.0% |
| Taxes, remuneration and social security | 45 | €184,295 | €324,639 | +€140,345 | +76.2% |
| Taxes | 450/3 | €7,766 | €9,455 | +€1,689 | +21.8% |
| Remuneration and social security | 454/9 | €176,529 | €315,184 | +€138,655 | +78.5% |
| Other amounts payable | 47/48 | €107 | €0 | -€107 | -100.0% |
| Accrued charges and deferred income | 492/3 | €1,228 | €1,179 | -€49 | -4.0% |
| Remuneration, social security and pensions | 62 | €2,065,742 | €2,025,362 | -€40,380 | -2.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €67,769 | €68,462 | +€693 | +1.0% |
| Other operating charges | 640/8 | €17,381 | €10,403 | -€6,977 | -40.1% |
| Non-recurring operating charges | 66A | €5,852 | €149,646 | +€143,794 | +2457.2% |
| Gross operating margin | 9900 | €2,117,341 | €1,908,023 | -€209,317 | -9.9% |
| Operating profit (loss) | 9901 | -€39,402 | -€345,849 | -€306,446 | -777.7% |
| Financial income | 75/76B | €896 | €1,657 | +€761 | +84.9% |
| Recurring financial income | 75 | €896 | €1,657 | +€761 | +84.9% |
| Financial charges | 65/66B | €21,151 | €14,820 | -€6,331 | -29.9% |
| Recurring financial charges | 65 | €21,151 | €14,820 | -€6,331 | -29.9% |
| Profit (loss) for the period before taxes | 9903 | -€59,658 | -€359,012 | -€299,354 | -501.8% |
| Income taxes | 67/77 | €474 | €461 | -€13 | -2.7% |
| Profit (loss) for the period | 9904 | -€60,132 | -€359,473 | -€299,341 | -497.8% |
| Transfer from tax-exempt reserves | 789 | €38,098 | €351,236 | +€313,138 | +821.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€22,033 | -€8,237 | +€13,796 | +62.6% |
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 9 October 2026 via checked.be.