BT SERVICES: 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 SERVICES
Largest movements
- Receivables within one year +€55,249
up €55,249 (+42.4%), from €130,194 to €185,443
of which Other amounts receivable: +€61,390
- Tangible fixed assets +€4,106
up €4,106 (+99.8%), from €4,112 to €8,218
of which Furniture and vehicles: +€4,912
- Cash +€3,868
up €3,868 (+3.8%), from €102,781 to €106,649
mainly Other debts (+€55,331) and Trade debts (+€8,217)
- Other debts +€55,331
up €55,331 (+35.3%), from €156,958 to €212,289
- Trade debts +€8,217
up €8,217 (+17.8%), from €46,067 to €54,285
- Other operating charges +€29,741
up €29,741 (+121.7%), from €24,439 to €54,180
- Gross operating margin +€22,812
up €22,812 (+53.2%), from €42,883 to €65,695
- Financial charges -€3,799
down €3,799 (-38.1%), from €9,984 to €6,185
- Taxes -€3,500
down €3,500, from €1,750 to -€1,750
- Financial income +€662
up €662 (+9571.8%), from €7 to €669
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 | €261,946 | €327,503 | +€65,557 | +25.0% |
| Fixed assets | 21/28 | €28,699 | €31,868 | +€3,170 | +11.0% |
| Intangible fixed assets | 21 | €1,873 | €936 | -€936 | -50.0% |
| Tangible fixed assets | 22/27 | €4,112 | €8,218 | +€4,106 | +99.8% |
| Land and buildings | 22 | €2,939 | €2,134 | -€806 | -27.4% |
| Furniture and vehicles | 24 | €1,173 | €6,085 | +€4,912 | +418.7% |
| Financial fixed assets | 28 | €22,714 | €22,714 | = | 0.0% |
| Current assets | 29/58 | €233,247 | €295,634 | +€62,387 | +26.7% |
| Amounts receivable within one year | 40/41 | €130,194 | €185,443 | +€55,249 | +42.4% |
| Trade receivables | 40 | €6,584 | €444 | -€6,141 | -93.3% |
| Other amounts receivable | 41 | €123,609 | €184,999 | +€61,390 | +49.7% |
| Cash at bank and in hand | 54/58 | €102,781 | €106,649 | +€3,868 | +3.8% |
| Deferred charges and accrued income | 490/1 | €273 | €3,542 | +€3,270 | +1199.3% |
| Total equity and liabilities | 10/49 | €261,946 | €327,503 | +€65,557 | +25.0% |
| Equity | 10/15 | €56,519 | €59,642 | +€3,123 | +5.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 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% |
| Profit (loss) carried forward | 14 | €36,059 | €39,182 | +€3,123 | +8.7% |
| Amounts payable | 17/49 | €205,428 | €267,861 | +€62,433 | +30.4% |
| Amounts payable within one year | 42/48 | €205,428 | €267,861 | +€62,433 | +30.4% |
| Trade debts | 44 | €46,067 | €54,285 | +€8,217 | +17.8% |
| Suppliers | 440/4 | €46,067 | €54,285 | +€8,217 | +17.8% |
| Taxes, remuneration and social security | 45 | €2,402 | €1,287 | -€1,115 | -46.4% |
| Taxes | 450/3 | €2,402 | €1,287 | -€1,115 | -46.4% |
| Other amounts payable | 47/48 | €156,958 | €212,289 | +€55,331 | +35.3% |
| Non-recurring operating income | 76A | - | €46,370 | +€46,370 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,895 | €3,919 | +€24 | +0.6% |
| Other operating charges | 640/8 | €24,439 | €54,180 | +€29,741 | +121.7% |
| Gross operating margin | 9900 | €42,883 | €65,695 | +€22,812 | +53.2% |
| Operating profit (loss) | 9901 | €14,549 | €7,596 | -€6,953 | -47.8% |
| Financial income | 75/76B | €7 | €669 | +€662 | +9571.8% |
| Recurring financial income | 75 | €7 | €669 | +€662 | +9571.8% |
| Financial charges | 65/66B | €9,984 | €6,185 | -€3,799 | -38.1% |
| Recurring financial charges | 65 | €9,984 | €6,185 | -€3,799 | -38.1% |
| Profit (loss) for the period before taxes | 9903 | €4,572 | €2,080 | -€2,491 | -54.5% |
| Income taxes | 67/77 | €1,750 | -€1,750 | -€3,500 | |
| Profit (loss) for the period | 9904 | €2,822 | €3,830 | +€1,009 | +35.8% |
| Profit (loss) for the period to be appropriated | 9905 | €2,822 | €3,830 | +€1,009 | +35.8% |
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 9 October 2026 via checked.be.