BT-TIEN: 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-TIEN
Largest movements
- Tangible fixed assets -€10,658
down €10,658 (-26.3%), from €40,587 to €29,929
of which Furniture and vehicles: -€8,889
- Receivables within one year -€7,217
down €7,217 (-31.3%), from €23,025 to €15,809
of which Trade receivables: -€6,815
- Cash +€3,417
up €3,417, from €0 to €3,417
mainly Depreciation (+€16,083) and Receivables within one year (+€7,217)
- Intangible fixed assets -€2,376
down €2,376 (-32.2%), from €7,369 to €4,993
- Deferred charges and accrued income +€976
up €976 (+57.4%), from €1,701 to €2,676
- Short-term financial debts -€13,628
down €13,628 (-100%), from €13,628 to €0
- Debts after one year -€4,526
down €4,526 (-100%), from €4,526 to €0
- Tax, wage and social debts +€4,352
up €4,352 (+133%), from €3,260 to €7,613
of which Taxes: +€4,484
- Current portion of long-term debt -€2,941
down €2,941 (-39.4%), from €7,468 to €4,526
- Profit (loss) carried forward +€2,693
up €2,693 (+34.6%), from -€7,779 to -€5,085
- Gross operating margin +€14,450
up €14,450 (+190%), from €7,601 to €22,051
- Depreciation +€1,992
up €1,992 (+14.1%), from €14,091 to €16,083
- Financial charges +€665
up €665 (+65.9%), from €1,009 to €1,673
- Other operating charges +€644
up €644 (+128%), from €502 to €1,147
- Financial income -€488
down €488 (-98.1%), from €497 to €9
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 | €72,682 | €56,824 | -€15,858 | -21.8% |
| Fixed assets | 21/28 | €47,956 | €34,922 | -€13,034 | -27.2% |
| Intangible fixed assets | 21 | €7,369 | €4,993 | -€2,376 | -32.2% |
| Tangible fixed assets | 22/27 | €40,587 | €29,929 | -€10,658 | -26.3% |
| Plant, machinery and equipment | 23 | €13,974 | €12,205 | -€1,769 | -12.7% |
| Furniture and vehicles | 24 | €26,612 | €17,723 | -€8,889 | -33.4% |
| Current assets | 29/58 | €24,726 | €21,902 | -€2,824 | -11.4% |
| Amounts receivable within one year | 40/41 | €23,025 | €15,809 | -€7,217 | -31.3% |
| Trade receivables | 40 | €18,897 | €12,083 | -€6,815 | -36.1% |
| Other amounts receivable | 41 | €4,128 | €3,726 | -€402 | -9.7% |
| Cash at bank and in hand | 54/58 | €0 | €3,417 | +€3,417 | |
| Deferred charges and accrued income | 490/1 | €1,701 | €2,676 | +€976 | +57.4% |
| Total equity and liabilities | 10/49 | €72,682 | €56,824 | -€15,858 | -21.8% |
| Equity | 10/15 | €36,931 | €39,624 | +€2,693 | +7.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €26,109 | €26,109 | = | 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 | €24,249 | €24,249 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€7,779 | -€5,085 | +€2,693 | +34.6% |
| Amounts payable | 17/49 | €35,752 | €17,200 | -€18,552 | -51.9% |
| Amounts payable after more than one year | 17 | €4,526 | €0 | -€4,526 | -100% |
| Financial debts | 170/4 | €4,526 | €0 | -€4,526 | -100% |
| Amounts payable within one year | 42/48 | €31,226 | €17,200 | -€14,025 | -44.9% |
| Current portion of amounts payable after more than one year | 42 | €7,468 | €4,526 | -€2,941 | -39.4% |
| Financial debts | 43 | €13,628 | €0 | -€13,628 | -100% |
| Credit institutions | 430/8 | €13,628 | €0 | -€13,628 | -100% |
| Trade debts | 44 | €5,734 | €3,903 | -€1,831 | -31.9% |
| Suppliers | 440/4 | €5,734 | €3,903 | -€1,831 | -31.9% |
| Advances received on contracts in progress | 46 | €551 | €0 | -€551 | -100% |
| Taxes, remuneration and social security | 45 | €3,260 | €7,613 | +€4,352 | +133% |
| Taxes | 450/3 | €3,128 | €7,613 | +€4,484 | +143% |
| Remuneration and social security | 454/9 | €132 | €0 | -€132 | -100% |
| Other amounts payable | 47/48 | €586 | €1,159 | +€573 | +97.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,091 | €16,083 | +€1,992 | +14.1% |
| Other operating charges | 640/8 | €502 | €1,147 | +€644 | +128% |
| Gross operating margin | 9900 | €7,601 | €22,051 | +€14,450 | +190% |
| Operating profit (loss) | 9901 | -€6,993 | €4,821 | +€11,814 | |
| Financial income | 75/76B | €497 | €9 | -€488 | -98.1% |
| Recurring financial income | 75 | €497 | €9 | -€488 | -98.1% |
| Financial charges | 65/66B | €1,009 | €1,673 | +€665 | +65.9% |
| Recurring financial charges | 65 | €1,009 | €1,673 | +€665 | +65.9% |
| Profit (loss) for the period before taxes | 9903 | -€7,505 | €3,157 | +€10,661 | |
| Income taxes | 67/77 | €274 | €463 | +€189 | +69.2% |
| Profit (loss) for the period | 9904 | -€7,779 | €2,693 | +€10,472 | |
| Profit (loss) for the period to be appropriated | 9905 | -€7,779 | €2,693 | +€10,472 |
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 24 October 2026 via checked.be.