BT-Engineering: 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.
BT-Engineering
Largest movements
- Receivables within one year -€19,735
down €19,735 (-38.4%), from €51,448 to €31,713
of which Trade receivables: -€19,912
- Tangible fixed assets -€2,548
down €2,548 (-27.4%), from €9,308 to €6,760
of which Plant, machinery and equipment: -€1,473
- Reserves -€12,875
down €12,875 (-28.8%), from €44,726 to €31,852
- Other debts -€7,781
down €7,781 (-30.5%), from €25,499 to €17,718
- Tax, wage and social debts -€1,848
no longer reported in 2025 (was €1,848)
- Gross operating margin -€20,841
down €20,841, from €13,244 to -€7,597
- Taxes -€1,848
no longer reported in 2025 (was €1,848)
- Depreciation -€1,277
down €1,277 (-21.3%), from €6,003 to €4,726
- Financial charges +€156
up €156 (+80.3%), from €194 to €350
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 | €91,736 | €68,924 | -€22,811 | -24.9% |
| Fixed assets | 21/28 | €9,508 | €6,860 | -€2,648 | -27.9% |
| Intangible fixed assets | 21 | €200 | €100 | -€100 | -50.0% |
| Tangible fixed assets | 22/27 | €9,308 | €6,760 | -€2,548 | -27.4% |
| Plant, machinery and equipment | 23 | €7,511 | €6,038 | -€1,473 | -19.6% |
| Furniture and vehicles | 24 | €1,798 | €722 | -€1,075 | -59.8% |
| Current assets | 29/58 | €82,228 | €62,064 | -€20,163 | -24.5% |
| Stocks and contracts in progress | 3 | €22,810 | €22,812 | +€1 | 0.0% |
| Stocks | 30/36 | €22,810 | €22,812 | +€1 | 0.0% |
| Amounts receivable within one year | 40/41 | €51,448 | €31,713 | -€19,735 | -38.4% |
| Trade receivables | 40 | €44,512 | €24,600 | -€19,912 | -44.7% |
| Other amounts receivable | 41 | €6,936 | €7,113 | +€177 | +2.6% |
| Cash at bank and in hand | 54/58 | €7,969 | €7,540 | -€429 | -5.4% |
| Total equity and liabilities | 10/49 | €91,736 | €68,924 | -€22,811 | -24.9% |
| Equity | 10/15 | €49,726 | €36,852 | -€12,875 | -25.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €44,726 | €31,852 | -€12,875 | -28.8% |
| Distributable reserves | 133 | €44,726 | €31,852 | -€12,875 | -28.8% |
| Amounts payable | 17/49 | €42,009 | €32,073 | -€9,937 | -23.7% |
| Amounts payable within one year | 42/48 | €42,009 | €32,073 | -€9,937 | -23.7% |
| Trade debts | 44 | €14,663 | €14,355 | -€308 | -2.1% |
| Suppliers | 440/4 | €14,663 | €14,355 | -€308 | -2.1% |
| Taxes, remuneration and social security | 45 | €1,848 | - | -€1,848 | |
| Taxes | 450/3 | €1,848 | - | -€1,848 | |
| Other amounts payable | 47/48 | €25,499 | €17,718 | -€7,781 | -30.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,003 | €4,726 | -€1,277 | -21.3% |
| Other operating charges | 640/8 | €132 | €238 | +€106 | +80.8% |
| Gross operating margin | 9900 | €13,244 | -€7,597 | -€20,841 | |
| Operating profit (loss) | 9901 | €7,110 | -€12,561 | -€19,671 | |
| Financial income | 75/76B | €52 | €36 | -€16 | -31.0% |
| Recurring financial income | 75 | €52 | €36 | -€16 | -31.0% |
| Financial charges | 65/66B | €194 | €350 | +€156 | +80.3% |
| Recurring financial charges | 65 | €194 | €350 | +€156 | +80.3% |
| Profit (loss) for the period before taxes | 9903 | €6,968 | -€12,875 | -€19,843 | |
| Income taxes | 67/77 | €1,848 | - | -€1,848 | |
| Profit (loss) for the period | 9904 | €5,120 | -€12,875 | -€17,995 | |
| Profit (loss) for the period to be appropriated | 9905 | €5,120 | -€12,875 | -€17,995 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.