BOTIKARI: what changed
BOTIKARI
Largest movements
- Tangible fixed assets +€32,109
up €32,109 (+8.1%), from €394,497 to €426,606
of which Furniture and vehicles: +€41,109
- Cash -€25,929
down €25,929 (-20.1%), from €128,995 to €103,066
mainly Investment in fixed assets (net) (-€42,527) and Debts after one year (-€18,000)
- Reserves +€39,385
up €39,385 (+25.7%), from €153,145 to €192,530
- Debts after one year -€18,000
down €18,000 (-5.4%), from €334,500 to €316,500
- Tax, wage and social debts -€8,346
down €8,346 (-79.2%), from €10,534 to €2,187
of which Taxes: -€6,146
- Depreciation -€42,159
down €42,159 (-80.2%), from €52,577 to €10,418
- Taxes +€7,914
up €7,914 (+866%), from €914 to €8,828
- Financial charges +€5,738
up €5,738 (+92.2%), from €6,225 to €11,964
- Gross operating margin +€5,526
up €5,526 (+8.1%), from €68,478 to €74,004
- Other operating charges -€1,698
down €1,698 (-33.2%), from €5,108 to €3,410
Change in the result, 2025 to 2026
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2025 and 2026 balance sheets and the 2026 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €538,433 | €554,054 | +€15,621 | +2.9% |
| Fixed assets | 21/28 | €394,497 | €426,606 | +€32,109 | +8.1% |
| Tangible fixed assets | 22/27 | €394,497 | €426,606 | +€32,109 | +8.1% |
| Land and buildings | 22 | €392,166 | €383,166 | -€9,000 | -2.3% |
| Furniture and vehicles | 24 | €2,331 | €43,440 | +€41,109 | +1,763% |
| Current assets | 29/58 | €143,936 | €127,448 | -€16,488 | -11.5% |
| Amounts receivable within one year | 40/41 | €14,805 | €19,214 | +€4,409 | +29.8% |
| Trade receivables | 40 | €10,719 | €10,003 | -€716 | -6.7% |
| Other amounts receivable | 41 | €4,086 | €9,212 | +€5,125 | +125% |
| Cash at bank and in hand | 54/58 | €128,995 | €103,066 | -€25,929 | -20.1% |
| Deferred charges and accrued income | 490/1 | €136 | €5,168 | +€5,032 | +3,699% |
| Total equity and liabilities | 10/49 | €538,433 | €554,054 | +€15,621 | +2.9% |
| Equity | 10/15 | €171,745 | €211,130 | +€39,385 | +22.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €153,145 | €192,530 | +€39,385 | +25.7% |
| Distributable reserves | 133 | €153,145 | €192,530 | +€39,385 | +25.7% |
| Amounts payable | 17/49 | €366,688 | €342,925 | -€23,764 | -6.5% |
| Amounts payable after more than one year | 17 | €334,500 | €316,500 | -€18,000 | -5.4% |
| Financial debts | 170/4 | €334,500 | €316,500 | -€18,000 | -5.4% |
| Amounts payable within one year | 42/48 | €31,957 | €26,194 | -€5,763 | -18.0% |
| Current portion of amounts payable after more than one year | 42 | €18,000 | €18,000 | = | 0.0% |
| Trade debts | 44 | €519 | €901 | +€383 | +73.9% |
| Suppliers | 440/4 | €519 | €901 | +€383 | +73.9% |
| Taxes, remuneration and social security | 45 | €10,534 | €2,187 | -€8,346 | -79.2% |
| Taxes | 450/3 | €8,334 | €2,187 | -€6,146 | -73.8% |
| Remuneration and social security | 454/9 | €2,200 | €0 | -€2,200 | -100% |
| Other amounts payable | 47/48 | €2,905 | €5,105 | +€2,200 | +75.7% |
| Accrued charges and deferred income | 492/3 | €231 | €231 | -€0 | -0.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €52,577 | €10,418 | -€42,159 | -80.2% |
| Other operating charges | 640/8 | €5,108 | €3,410 | -€1,698 | -33.2% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €68,478 | €74,004 | +€5,526 | +8.1% |
| Operating profit (loss) | 9901 | €10,793 | €60,176 | +€49,383 | +458% |
| Financial charges | 65/66B | €6,225 | €11,964 | +€5,738 | +92.2% |
| Recurring financial charges | 65 | €6,225 | €11,964 | +€5,738 | +92.2% |
| Profit (loss) for the period before taxes | 9903 | €4,568 | €48,213 | +€43,645 | +955% |
| Income taxes | 67/77 | €914 | €8,828 | +€7,914 | +866% |
| Profit (loss) for the period | 9904 | €3,655 | €39,385 | +€35,730 | +978% |
| Profit (loss) for the period to be appropriated | 9905 | €3,655 | €39,385 | +€35,730 | +978% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.