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BT.com: 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.

What changed

BT.com

BE 0535.544.918
NACE 43.222, Installation of electric heating, air conditioning, cooling and ventilation
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€16,433
2024 · €26,721-€10,288
Equity
€32,679
2024 · €16,246+€16,433
Cash
€7,306
2024 · €890+€6,416
Balance sheet total
€343,493
2024 · €348,472-€4,979

Largest movements

2024 to 2025
Assets
  • Receivables within one year -€11,394

    down €11,394 (-48.5%), from €23,478 to €12,084

    of which Trade receivables: -€13,320

  • Cash +€6,416

    up €6,416 (+721.0%), from €890 to €7,306

    mainly Net result for the year (+€16,433) and Receivables within one year (+€11,394)

Equity and liabilities
  • Tax, wage and social debts -€26,627

    down €26,627 (-94.7%), from €28,115 to €1,488

    of which Remuneration and social security: -€22,929

  • Profit (loss) carried forward +€16,433

    up €16,433 (+39.3%), from -€41,814 to -€25,381

  • Other debts +€6,802

    up €6,802 (+2.3%), from €302,126 to €308,927

Income statement
  • Turnover -€34,888

    down €34,888 (-35.8%), from €97,545 to €62,657

  • Gross operating margin -€33,576

    down €33,576 (-36.2%), from €92,639 to €59,063

  • Staff costs -€24,027

    down €24,027 (-37.6%), from €63,852 to €39,826

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €26,721
Gross operating margin -€33,576
Staff costs +€24,027
Other operating charges -€841
Financial charges +€103
Result 2025 €16,433

Cash bridge derived

cash 2024 to 2025

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.

From operations +€6,416
Investment €0
Financing €0
Cash 2024 €890
Net result for the year +€16,433
Receivables within one year +€11,394
Trade debts -€586
Tax, wage and social debts -€26,627
Other debts +€6,802
Accrued charges and deferred income -€1,000
Cash 2025 €7,306
Every line side by side 37 lines
Line Code 2024 2025 Change %
Total assets 20/58 €348,472 €343,493 -€4,979 -1.4%
Fixed assets 21/28 €324,104 €324,104 = 0.0%
Financial fixed assets 28 €324,104 €324,104 = 0.0%
Current assets 29/58 €24,368 €19,389 -€4,979 -20.4%
Amounts receivable within one year 40/41 €23,478 €12,084 -€11,394 -48.5%
Trade receivables 40 €13,320 - -€13,320
Other amounts receivable 41 €10,158 €12,084 +€1,926 +19.0%
Cash at bank and in hand 54/58 €890 €7,306 +€6,416 +721.0%
Total equity and liabilities 10/49 €348,472 €343,493 -€4,979 -1.4%
Equity 10/15 €16,246 €32,679 +€16,433 +101.2%
Contributions 10/11 €6,200 €6,200 = 0.0%
Reserves 13 €51,860 €51,860 = 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 €50,000 €50,000 = 0.0%
Profit (loss) carried forward 14 -€41,814 -€25,381 +€16,433 +39.3%
Amounts payable 17/49 €332,226 €310,815 -€21,412 -6.4%
Amounts payable within one year 42/48 €331,226 €310,815 -€20,412 -6.2%
Trade debts 44 €986 €400 -€586 -59.5%
Suppliers 440/4 €986 €400 -€586 -59.5%
Taxes, remuneration and social security 45 €28,115 €1,488 -€26,627 -94.7%
Taxes 450/3 €3,698 - -€3,698
Remuneration and social security 454/9 €24,417 €1,488 -€22,929 -93.9%
Other amounts payable 47/48 €302,126 €308,927 +€6,802 +2.3%
Accrued charges and deferred income 492/3 €1,000 - -€1,000
Turnover 70 €97,545 €62,657 -€34,888 -35.8%
Non-recurring operating income 76A - €1,000 +€1,000
Goods, raw materials, services and sundry goods 60/61 €5,543 €4,595 -€948 -17.1%
Remuneration, social security and pensions 62 €63,852 €39,826 -€24,027 -37.6%
Other operating charges 640/8 €421 €1,263 +€841 +199.6%
Gross operating margin 9900 €92,639 €59,063 -€33,576 -36.2%
Operating profit (loss) 9901 €28,366 €17,975 -€10,391 -36.6%
Financial charges 65/66B €1,645 €1,541 -€103 -6.3%
Recurring financial charges 65 €1,645 €1,541 -€103 -6.3%
Profit (loss) for the period before taxes 9903 €26,721 €16,433 -€10,288 -38.5%
Profit (loss) for the period 9904 €26,721 €16,433 -€10,288 -38.5%
Profit (loss) for the period to be appropriated 9905 €26,721 €16,433 -€10,288 -38.5%

Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.