BOTTZ: 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.
BOTTZ
Largest movements
- Tangible fixed assets +€222,256
up €222,256 (+964.6%), from €23,041 to €245,296
of which Land and buildings: +€229,746
- Stocks and contracts +€40,516
up €40,516 (+41.7%), from €97,177 to €137,693
- Receivables within one year -€19,425
down €19,425 (-31.4%), from €61,951 to €42,526
of which Other amounts receivable: -€12,055
- Cash -€14,801
down €14,801 (-43.0%), from €34,412 to €19,611
mainly Investment in fixed assets (net) (-€265,611) and Stocks and contracts (-€40,516)
- Debts after one year +€167,965
up €167,965 (+2425.4%), from €6,925 to €174,890
- Profit (loss) carried forward +€58,578
up €58,578 (+55.2%), from €106,178 to €164,756
- Tax, wage and social debts +€9,517
up €9,517 (+74.4%), from €12,785 to €22,302
of which Taxes: +€8,917
- Trade debts -€9,212
down €9,212 (-22.5%), from €40,966 to €31,754
- Gross operating margin +€63,925
up €63,925 (+71.5%), from €89,450 to €153,375
- Staff costs -€29,673
down €29,673 (-68.1%), from €43,576 to €13,903
- Depreciation +€25,102
up €25,102 (+124.0%), from €20,243 to €45,346
- Taxes +€20,060
up €20,060 (+1219.9%), from €1,644 to €21,704
- Other operating charges -€4,881
down €4,881 (-31.6%), from €15,447 to €10,566
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 | €220,467 | €445,127 | +€224,660 | +101.9% |
| Fixed assets | 21/28 | €25,031 | €245,296 | +€220,265 | +880.0% |
| Intangible fixed assets | 21 | €1,811 | - | -€1,811 | |
| Tangible fixed assets | 22/27 | €23,041 | €245,296 | +€222,256 | +964.6% |
| Land and buildings | 22 | - | €229,746 | +€229,746 | |
| Plant, machinery and equipment | 23 | €5,296 | €5,038 | -€258 | -4.9% |
| Furniture and vehicles | 24 | €17,745 | €10,512 | -€7,232 | -40.8% |
| Financial fixed assets | 28 | €180 | - | -€180 | |
| Current assets | 29/58 | €195,435 | €199,831 | +€4,395 | +2.2% |
| Stocks and contracts in progress | 3 | €97,177 | €137,693 | +€40,516 | +41.7% |
| Stocks | 30/36 | €97,177 | €137,693 | +€40,516 | +41.7% |
| Amounts receivable within one year | 40/41 | €61,951 | €42,526 | -€19,425 | -31.4% |
| Trade receivables | 40 | €16,557 | €9,187 | -€7,370 | -44.5% |
| Other amounts receivable | 41 | €45,394 | €33,339 | -€12,055 | -26.6% |
| Current investments | 50/53 | €1 | €1 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €34,412 | €19,611 | -€14,801 | -43.0% |
| Deferred charges and accrued income | 490/1 | €1,894 | - | -€1,894 | |
| Total equity and liabilities | 10/49 | €220,467 | €445,127 | +€224,660 | +101.9% |
| Equity | 10/15 | €131,537 | €190,115 | +€58,578 | +44.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €6,759 | €6,759 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €4,899 | €4,899 | = | 0.0% |
| Profit (loss) carried forward | 14 | €106,178 | €164,756 | +€58,578 | +55.2% |
| Amounts payable | 17/49 | €88,930 | €255,012 | +€166,083 | +186.8% |
| Amounts payable after more than one year | 17 | €6,925 | €174,890 | +€167,965 | +2425.4% |
| Financial debts | 170/4 | €6,925 | €174,890 | +€167,965 | +2425.4% |
| Amounts payable within one year | 42/48 | €82,004 | €80,122 | -€1,883 | -2.3% |
| Current portion of amounts payable after more than one year | 42 | €15,903 | €16,035 | +€132 | +0.8% |
| Trade debts | 44 | €40,966 | €31,754 | -€9,212 | -22.5% |
| Suppliers | 440/4 | €40,966 | €31,754 | -€9,212 | -22.5% |
| Advances received on contracts in progress | 46 | €12,121 | €10,031 | -€2,090 | -17.2% |
| Taxes, remuneration and social security | 45 | €12,785 | €22,302 | +€9,517 | +74.4% |
| Taxes | 450/3 | €11,804 | €20,720 | +€8,917 | +75.5% |
| Remuneration and social security | 454/9 | €982 | €1,582 | +€600 | +61.1% |
| Other amounts payable | 47/48 | €230 | - | -€230 | |
| Non-recurring operating income | 76A | €27,225 | - | -€27,225 | |
| Remuneration, social security and pensions | 62 | €43,576 | €13,903 | -€29,673 | -68.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,243 | €45,346 | +€25,102 | +124.0% |
| Other operating charges | 640/8 | €15,447 | €10,566 | -€4,881 | -31.6% |
| Gross operating margin | 9900 | €89,450 | €153,375 | +€63,925 | +71.5% |
| Operating profit (loss) | 9901 | €10,183 | €83,560 | +€73,377 | +720.6% |
| Financial income | 75/76B | €30 | €317 | +€288 | +961.3% |
| Recurring financial income | 75 | €30 | €317 | +€288 | +961.3% |
| Financial charges | 65/66B | €4,313 | €3,595 | -€718 | -16.7% |
| Recurring financial charges | 65 | €4,313 | €3,595 | -€718 | -16.7% |
| Profit (loss) for the period before taxes | 9903 | €5,899 | €80,282 | +€74,383 | +1260.8% |
| Income taxes | 67/77 | €1,644 | €21,704 | +€20,060 | +1219.9% |
| Profit (loss) for the period | 9904 | €4,255 | €58,578 | +€54,323 | +1276.7% |
| Profit (loss) for the period to be appropriated | 9905 | €4,255 | €58,578 | +€54,323 | +1276.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.