BT Trade: 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 Trade
Largest movements
- Stocks and contracts +€2,724
up €2,724 (+47.9%), from €5,685 to €8,409
- Receivables within one year -€746
down €746 (-53.7%), from €1,388 to €643
of which Other amounts receivable: -€810
- Cash +€417
up €417 (+46.3%), from €899 to €1,316
mainly Net result for the year (+€1,277) and Trade debts (+€1,253)
- Profit (loss) carried forward +€1,277
up €1,277 (+3.9%), from -€32,632 to -€31,355
- Trade debts +€1,253
up €1,253 (+19.4%), from €6,470 to €7,723
- Advances received -€135
no longer reported in 2025 (was €135)
- Gross operating margin +€17,938
up €17,938, from -€16,038 to €1,900
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 | €7,973 | €10,368 | +€2,395 | +30.0% |
| Current assets | 29/58 | €7,973 | €10,368 | +€2,395 | +30.0% |
| Stocks and contracts in progress | 3 | €5,685 | €8,409 | +€2,724 | +47.9% |
| Stocks | 30/36 | €5,685 | €8,409 | +€2,724 | +47.9% |
| Amounts receivable within one year | 40/41 | €1,388 | €643 | -€746 | -53.7% |
| Trade receivables | 40 | €79 | €143 | +€65 | +82.0% |
| Other amounts receivable | 41 | €1,310 | €499 | -€810 | -61.9% |
| Cash at bank and in hand | 54/58 | €899 | €1,316 | +€417 | +46.3% |
| Total equity and liabilities | 10/49 | €7,973 | €10,368 | +€2,395 | +30.0% |
| Equity | 10/15 | -€12,632 | -€11,355 | +€1,277 | +10.1% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€32,632 | -€31,355 | +€1,277 | +3.9% |
| Amounts payable | 17/49 | €20,605 | €21,723 | +€1,118 | +5.4% |
| Amounts payable within one year | 42/48 | €20,605 | €21,723 | +€1,118 | +5.4% |
| Trade debts | 44 | €6,470 | €7,723 | +€1,253 | +19.4% |
| Suppliers | 440/4 | €6,470 | €7,723 | +€1,253 | +19.4% |
| Advances received on contracts in progress | 46 | €135 | - | -€135 | |
| Other amounts payable | 47/48 | €14,000 | €14,000 | = | 0.0% |
| Other operating charges | 640/8 | €38 | - | -€38 | |
| Gross operating margin | 9900 | -€16,038 | €1,900 | +€17,938 | |
| Operating profit (loss) | 9901 | -€16,076 | €1,900 | +€17,976 | |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €639 | €623 | -€16 | -2.5% |
| Recurring financial charges | 65 | €639 | €623 | -€16 | -2.5% |
| Profit (loss) for the period before taxes | 9903 | -€16,715 | €1,277 | +€17,992 | |
| Profit (loss) for the period | 9904 | -€16,715 | €1,277 | +€17,992 | |
| Profit (loss) for the period to be appropriated | 9905 | -€16,715 | €1,277 | +€17,992 |
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 17 October 2026 via checked.be.