BOTRANS: 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.
BOTRANS
Largest movements
- Tangible fixed assets -€147,399
down €147,399 (-24.6%), from €600,355 to €452,956
of which Leasing and similar rights: -€153,042
- Cash -€120,993
down €120,993 (-50.3%), from €240,690 to €119,697
mainly Debts after one year (-€143,652) and Net result for the year (-€109,894)
- Receivables within one year +€19,207
up €19,207 (+6.4%), from €301,153 to €320,361
of which Other amounts receivable: +€19,213
- Debts after one year -€143,652
down €143,652 (-43.4%), from €331,343 to €187,692
- Profit (loss) carried forward -€109,894
down €109,894 (-40.0%), from €275,071 to €165,178
- Staff costs +€49,100
up €49,100 (+16.8%), from €292,936 to €342,036
- Depreciation -€42,766
down €42,766 (-21.3%), from €200,540 to €157,774
- Gross operating margin +€5,442
up €5,442 (+1.4%), from €399,094 to €404,536
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.
Derived cash bridge
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 | €1,143,363 | €894,178 | -€249,185 | -21.8% |
| Fixed assets | 21/28 | €601,520 | €454,121 | -€147,399 | -24.5% |
| Tangible fixed assets | 22/27 | €600,355 | €452,956 | -€147,399 | -24.6% |
| Land and buildings | 22 | €120,766 | €120,766 | = | 0.0% |
| Furniture and vehicles | 24 | - | €5,643 | +€5,643 | |
| Leasing and similar rights | 25 | €479,589 | €326,546 | -€153,042 | -31.9% |
| Financial fixed assets | 28 | €1,165 | €1,165 | = | 0.0% |
| Current assets | 29/58 | €541,843 | €440,057 | -€101,786 | -18.8% |
| Amounts receivable within one year | 40/41 | €301,153 | €320,361 | +€19,207 | +6.4% |
| Trade receivables | 40 | €40,325 | €40,320 | -€5 | 0.0% |
| Other amounts receivable | 41 | €260,828 | €280,041 | +€19,213 | +7.4% |
| Cash at bank and in hand | 54/58 | €240,690 | €119,697 | -€120,993 | -50.3% |
| Total equity and liabilities | 10/49 | €1,143,363 | €894,178 | -€249,185 | -21.8% |
| Equity | 10/15 | €603,788 | €493,894 | -€109,894 | -18.2% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €227,910 | €227,910 | = | 0.0% |
| Non-distributable reserves | 130/1 | €10,000 | - | -€10,000 | |
| Reserves not available under the articles | 1311 | €10,000 | - | -€10,000 | |
| Tax-exempt reserves | 132 | €215,035 | €215,035 | = | 0.0% |
| Distributable reserves | 133 | €2,875 | €12,875 | +€10,000 | +348% |
| Profit (loss) carried forward | 14 | €275,071 | €165,178 | -€109,894 | -40.0% |
| Investment grants | 15 | €807 | €807 | = | 0.0% |
| Provisions and deferred taxes | 16 | €327 | €327 | = | 0.0% |
| Deferred taxes | 168 | €327 | €327 | = | 0.0% |
| Amounts payable | 17/49 | €539,248 | €399,957 | -€139,291 | -25.8% |
| Amounts payable after more than one year | 17 | €331,343 | €187,692 | -€143,652 | -43.4% |
| Financial debts | 170/4 | €331,343 | €187,692 | -€143,652 | -43.4% |
| Amounts payable within one year | 42/48 | €207,854 | €212,214 | +€4,361 | +2.1% |
| Current portion of amounts payable after more than one year | 42 | €150,053 | €143,652 | -€6,401 | -4.3% |
| Trade debts | 44 | €11,088 | €10,666 | -€422 | -3.8% |
| Suppliers | 440/4 | €11,088 | €10,666 | -€422 | -3.8% |
| Taxes, remuneration and social security | 45 | €46,712 | €57,897 | +€11,184 | +23.9% |
| Taxes | 450/3 | €11,954 | €15,030 | +€3,075 | +25.7% |
| Remuneration and social security | 454/9 | €34,758 | €42,867 | +€8,109 | +23.3% |
| Accrued charges and deferred income | 492/3 | €51 | €51 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €292,936 | €342,036 | +€49,100 | +16.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €200,540 | €157,774 | -€42,766 | -21.3% |
| Other operating charges | 640/8 | €8,321 | €8,646 | +€325 | +3.9% |
| Gross operating margin | 9900 | €399,094 | €404,536 | +€5,442 | +1.4% |
| Operating profit (loss) | 9901 | -€102,702 | -€103,920 | -€1,218 | -1.2% |
| Financial income | 75/76B | €5,897 | €5,075 | -€822 | -13.9% |
| Recurring financial income | 75 | €5,897 | €5,075 | -€822 | -13.9% |
| Financial charges | 65/66B | €14,858 | €11,049 | -€3,810 | -25.6% |
| Recurring financial charges | 65 | €14,858 | €11,049 | -€3,810 | -25.6% |
| Profit (loss) for the period before taxes | 9903 | -€111,663 | -€109,894 | +€1,770 | +1.6% |
| Profit (loss) for the period | 9904 | -€111,663 | -€109,894 | +€1,770 | +1.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€111,663 | -€109,894 | +€1,770 | +1.6% |
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 21 October 2026 via checked.be.