BT MEDICAL: 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 MEDICAL
Largest movements
- Tangible fixed assets +€14,670
up €14,670 (+650%), from €2,258 to €16,928
- Deferred charges and accrued income -€10,767
down €10,767 (-77.8%), from €13,836 to €3,070
- Receivables within one year +€7,659
up €7,659 (+50.3%), from €15,215 to €22,873
of which Trade receivables: +€21,878
- Cash -€3,302
down €3,302 (-31.6%), from €10,449 to €7,148
mainly Contributions, distributions and other (-€40,498) and Investment in fixed assets (net) (-€16,800)
- Other debts +€22,437
new in 2025: €22,437
- Profit (loss) carried forward -€16,005
down €16,005 (-100%), from €16,005 to €0
- Tax, wage and social debts +€2,573
up €2,573 (+83.3%), from €3,089 to €5,662
of which Taxes: +€2,573
- Trade debts -€729
down €729 (-15.8%), from €4,624 to €3,895
- Gross operating margin +€27,075
up €27,075 (+266%), from €10,188 to €37,263
- Taxes +€7,099
up €7,099 (+340%), from €2,089 to €9,188
- Financial charges -€2,884
down €2,884 (-85.3%), from €3,381 to €497
- Other operating charges -€2,431
down €2,431 (-71.8%), from €3,387 to €956
- Depreciation +€1,182
up €1,182 (+125%), from €948 to €2,130
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 | €41,758 | €50,018 | +€8,260 | +19.8% |
| Fixed assets | 21/28 | €2,258 | €16,928 | +€14,670 | +650% |
| Tangible fixed assets | 22/27 | €2,258 | €16,928 | +€14,670 | +650% |
| Furniture and vehicles | 24 | €2,258 | €16,928 | +€14,670 | +650% |
| Current assets | 29/58 | €39,500 | €33,090 | -€6,410 | -16.2% |
| Amounts receivable within one year | 40/41 | €15,215 | €22,873 | +€7,659 | +50.3% |
| Trade receivables | 40 | €995 | €22,873 | +€21,878 | +2,199% |
| Other amounts receivable | 41 | €14,220 | €0 | -€14,220 | -100% |
| Cash at bank and in hand | 54/58 | €10,449 | €7,148 | -€3,302 | -31.6% |
| Deferred charges and accrued income | 490/1 | €13,836 | €3,070 | -€10,767 | -77.8% |
| Total equity and liabilities | 10/49 | €41,758 | €50,018 | +€8,260 | +19.8% |
| Equity | 10/15 | €34,005 | €18,000 | -€16,005 | -47.1% |
| Contributions | 10/11 | €18,000 | €18,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €16,005 | €0 | -€16,005 | -100% |
| Amounts payable | 17/49 | €7,753 | €32,018 | +€24,265 | +313% |
| Amounts payable within one year | 42/48 | €7,712 | €32,001 | +€24,289 | +315% |
| Financial debts | 43 | - | €8 | +€8 | |
| Credit institutions | 430/8 | - | €8 | +€8 | |
| Trade debts | 44 | €4,624 | €3,895 | -€729 | -15.8% |
| Suppliers | 440/4 | €4,624 | €3,895 | -€729 | -15.8% |
| Taxes, remuneration and social security | 45 | €3,089 | €5,662 | +€2,573 | +83.3% |
| Taxes | 450/3 | €3,089 | €5,662 | +€2,573 | +83.3% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | - | €22,437 | +€22,437 | |
| Accrued charges and deferred income | 492/3 | €40 | €17 | -€24 | -58.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €948 | €2,130 | +€1,182 | +125% |
| Other operating charges | 640/8 | €3,387 | €956 | -€2,431 | -71.8% |
| Non-recurring operating charges | 66A | €3,269 | €0 | -€3,269 | -100% |
| Gross operating margin | 9900 | €10,188 | €37,263 | +€27,075 | +266% |
| Operating profit (loss) | 9901 | €2,584 | €34,177 | +€31,593 | +1,222% |
| Financial income | 75/76B | €853 | €1 | -€851 | -99.9% |
| Recurring financial income | 75 | €853 | €1 | -€851 | -99.9% |
| Financial charges | 65/66B | €3,381 | €497 | -€2,884 | -85.3% |
| Recurring financial charges | 65 | €3,381 | €497 | -€2,884 | -85.3% |
| Profit (loss) for the period before taxes | 9903 | €56 | €33,681 | +€33,625 | +60,088% |
| Income taxes | 67/77 | €2,089 | €9,188 | +€7,099 | +340% |
| Profit (loss) for the period | 9904 | -€2,033 | €24,493 | +€26,526 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,033 | €24,493 | +€26,526 |
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 29 October 2026 via checked.be.