BOTIBAT: 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.
BOTIBAT
Largest movements
- Receivables within one year -€35,636
down €35,636 (-46.1%), from €77,384 to €41,748
of which Trade receivables: -€41,547
- Stocks and contracts +€17,800
new in 2025: €17,800
- Cash +€8,898
up €8,898 (+119.2%), from €7,468 to €16,366
mainly Depreciation (+€52,996) and Receivables within one year (+€35,636)
- Tangible fixed assets -€7,563
down €7,563 (-2.6%), from €292,449 to €284,886
of which Furniture and vehicles: -€22,429
- Trade debts -€21,020
no longer reported in 2025 (was €21,020)
- Current portion of long-term debt +€10,951
up €10,951 (+22.4%), from €48,933 to €59,883
- Debts after one year -€6,846
down €6,846 (-3.0%), from €231,415 to €224,570
- Profit (loss) carried forward +€5,473
up €5,473 (+208.8%), from €2,621 to €8,094
- Gross operating margin +€27,083
up €27,083 (+54.4%), from €49,757 to €76,840
- Taxes -€4,333
down €4,333 (-73.5%), from €5,895 to €1,562
- Staff costs +€3,114
up €3,114 (+69.9%), from €4,457 to €7,571
- Depreciation +€2,660
up €2,660 (+5.3%), from €50,336 to €52,996
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 | €380,906 | €365,968 | -€14,938 | -3.9% |
| Fixed assets | 21/28 | €292,449 | €284,886 | -€7,563 | -2.6% |
| Tangible fixed assets | 22/27 | €292,449 | €284,886 | -€7,563 | -2.6% |
| Land and buildings | 22 | €192,838 | €178,964 | -€13,874 | -7.2% |
| Plant, machinery and equipment | 23 | €348 | €41,525 | +€41,177 | +11825.0% |
| Furniture and vehicles | 24 | €59,907 | €37,478 | -€22,429 | -37.4% |
| Leasing and similar rights | 25 | €39,356 | €26,919 | -€12,437 | -31.6% |
| Current assets | 29/58 | €88,457 | €81,082 | -€7,375 | -8.3% |
| Stocks and contracts in progress | 3 | - | €17,800 | +€17,800 | |
| Stocks | 30/36 | - | €17,800 | +€17,800 | |
| Amounts receivable within one year | 40/41 | €77,384 | €41,748 | -€35,636 | -46.1% |
| Trade receivables | 40 | €52,675 | €11,128 | -€41,547 | -78.9% |
| Other amounts receivable | 41 | €24,709 | €30,620 | +€5,911 | +23.9% |
| Cash at bank and in hand | 54/58 | €7,468 | €16,366 | +€8,898 | +119.2% |
| Deferred charges and accrued income | 490/1 | €3,605 | €5,168 | +€1,563 | +43.3% |
| Total equity and liabilities | 10/49 | €380,906 | €365,968 | -€14,938 | -3.9% |
| Equity | 10/15 | €78,811 | €80,489 | +€1,678 | +2.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Contributions outside capital | 11 | €6,200 | €6,200 | = | 0.0% |
| Other | 1109/19 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €16,860 | €16,860 | = | 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 | €15,000 | €15,000 | = | 0.0% |
| Distributable reserves | 133 | - | €1,860 | +€1,860 | |
| Profit (loss) carried forward | 14 | €2,621 | €8,094 | +€5,473 | +208.8% |
| Investment grants | 15 | €53,130 | €49,335 | -€3,795 | -7.1% |
| Amounts payable | 17/49 | €302,095 | €285,479 | -€16,616 | -5.5% |
| Amounts payable after more than one year | 17 | €231,415 | €224,570 | -€6,846 | -3.0% |
| Financial debts | 170/4 | €231,415 | €224,570 | -€6,846 | -3.0% |
| Amounts payable within one year | 42/48 | €70,679 | €60,909 | -€9,770 | -13.8% |
| Current portion of amounts payable after more than one year | 42 | €48,933 | €59,883 | +€10,951 | +22.4% |
| Trade debts | 44 | €21,020 | - | -€21,020 | |
| Suppliers | 440/4 | €21,020 | - | -€21,020 | |
| Taxes, remuneration and social security | 45 | €727 | €1,026 | +€299 | +41.1% |
| Taxes | 450/3 | €727 | €330 | -€397 | -54.6% |
| Remuneration and social security | 454/9 | - | €696 | +€696 | |
| Remuneration, social security and pensions | 62 | €4,457 | €7,571 | +€3,114 | +69.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €50,336 | €52,996 | +€2,660 | +5.3% |
| Other operating charges | 640/8 | €1,701 | €2,284 | +€582 | +34.2% |
| Gross operating margin | 9900 | €49,757 | €76,840 | +€27,083 | +54.4% |
| Operating profit (loss) | 9901 | -€6,737 | €13,989 | +€20,726 | |
| Financial income | 75/76B | €3,831 | €3,906 | +€75 | +1.9% |
| Recurring financial income | 75 | €3,831 | €3,906 | +€75 | +1.9% |
| Financial charges | 65/66B | €11,460 | €10,861 | -€600 | -5.2% |
| Recurring financial charges | 65 | €11,460 | €10,861 | -€600 | -5.2% |
| Profit (loss) for the period before taxes | 9903 | -€14,366 | €7,035 | +€21,400 | |
| Income taxes | 67/77 | €5,895 | €1,562 | -€4,333 | -73.5% |
| Profit (loss) for the period | 9904 | -€20,261 | €5,473 | +€25,734 | |
| Profit (loss) for the period to be appropriated | 9905 | -€20,261 | €5,473 | +€25,734 |
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 10 October 2026 via checked.be.