BOTIM: 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.
BOTIM
Largest movements
- Cash +€34,971
up €34,971 (+49.5%), from €70,645 to €105,616
mainly Depreciation (+€22,759) and Accrued charges and deferred income (+€21,283)
- Tangible fixed assets -€22,759
down €22,759 (-5.7%), from €399,656 to €376,897
- Accrued charges and deferred income +€21,283
up €21,283 (+109.6%), from €19,416 to €40,699
- Gross operating margin +€11,377
up €11,377 (+27.4%), from €41,541 to €52,918
- Financial charges +€2,308
up €2,308 (+11.8%), from €19,553 to €21,861
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,240,006 | €1,258,960 | +€18,954 | +1.5% |
| Fixed assets | 21/28 | €1,156,656 | €1,133,897 | -€22,759 | -2.0% |
| Tangible fixed assets | 22/27 | €399,656 | €376,897 | -€22,759 | -5.7% |
| Land and buildings | 22 | €399,656 | €376,897 | -€22,759 | -5.7% |
| Financial fixed assets | 28 | €757,000 | €757,000 | = | 0.0% |
| Current assets | 29/58 | €83,350 | €125,063 | +€41,713 | +50.0% |
| Amounts receivable within one year | 40/41 | €12,016 | €18,717 | +€6,701 | +55.8% |
| Trade receivables | 40 | €12,000 | €13,695 | +€1,695 | +14.1% |
| Other amounts receivable | 41 | €16 | €5,022 | +€5,006 | +31111.7% |
| Cash at bank and in hand | 54/58 | €70,645 | €105,616 | +€34,971 | +49.5% |
| Deferred charges and accrued income | 490/1 | €690 | €731 | +€41 | +6.0% |
| Total equity and liabilities | 10/49 | €1,240,006 | €1,258,960 | +€18,954 | +1.5% |
| Equity | 10/15 | €296,671 | €295,953 | -€719 | -0.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €292,414 | €292,414 | = | 0.0% |
| Distributable reserves | 133 | €292,414 | €292,414 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€14,342 | -€15,061 | -€719 | -5.0% |
| Amounts payable | 17/49 | €943,335 | €963,008 | +€19,672 | +2.1% |
| Amounts payable after more than one year | 17 | €396,983 | €396,983 | = | 0.0% |
| Other amounts payable | 178/9 | €396,983 | €396,983 | = | 0.0% |
| Amounts payable within one year | 42/48 | €526,936 | €525,325 | -€1,611 | -0.3% |
| Trade debts | 44 | €1,488 | €1,555 | +€68 | +4.5% |
| Suppliers | 440/4 | €1,488 | €1,555 | +€68 | +4.5% |
| Taxes, remuneration and social security | 45 | €1,745 | €67 | -€1,678 | -96.2% |
| Taxes | 450/3 | €1,745 | €67 | -€1,678 | -96.2% |
| Other amounts payable | 47/48 | €523,703 | €523,703 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €19,416 | €40,699 | +€21,283 | +109.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,759 | €22,759 | = | 0.0% |
| Other operating charges | 640/8 | €8,692 | €9,017 | +€325 | +3.7% |
| Gross operating margin | 9900 | €41,541 | €52,918 | +€11,377 | +27.4% |
| Operating profit (loss) | 9901 | €10,090 | €21,142 | +€11,052 | +109.5% |
| Financial charges | 65/66B | €19,553 | €21,861 | +€2,308 | +11.8% |
| Recurring financial charges | 65 | €19,553 | €21,861 | +€2,308 | +11.8% |
| Profit (loss) for the period before taxes | 9903 | -€9,463 | -€719 | +€8,744 | +92.4% |
| Profit (loss) for the period | 9904 | -€9,463 | -€719 | +€8,744 | +92.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,463 | -€719 | +€8,744 | +92.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.