BTA COMPANY: 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.
BTA COMPANY
Largest movements
- Tangible fixed assets -€4,883
down €4,883 (-48.4%), from €10,096 to €5,214
of which Furniture and vehicles: -€4,883
- Cash +€4,875
up €4,875 (+66.5%), from €7,330 to €12,205
mainly Net result for the year (+€5,143) and Depreciation (+€4,883)
- Deferred charges and accrued income +€4,271
up €4,271 (+177%), from €2,410 to €6,681
- Receivables within one year +€4,228
up €4,228 (+3.4%), from €125,445 to €129,673
of which Trade receivables: +€11,156
- Reserves +€78,415
up €78,415 (+223%), from €35,162 to €113,577
of which Distributable reserves: +€78,415
- Profit (loss) carried forward -€73,271
no longer reported in 2025 (was €73,271)
- Trade debts +€2,055
up €2,055 (+19.9%), from €10,313 to €12,368
- Gross operating margin -€50,003
down €50,003 (-76.0%), from €65,802 to €15,798
- Taxes -€13,132
down €13,132 (-83.8%), from €15,666 to €2,534
- Other operating charges -€3,009
down €3,009 (-51.5%), from €5,842 to €2,833
- Financial income -€2,410
no longer reported in 2025 (was €2,410)
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 | €146,516 | €154,699 | +€8,183 | +5.6% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €10,096 | €5,214 | -€4,883 | -48.4% |
| Tangible fixed assets | 22/27 | €10,096 | €5,214 | -€4,883 | -48.4% |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €10,096 | €5,214 | -€4,883 | -48.4% |
| Current assets | 29/58 | €136,420 | €149,485 | +€13,066 | +9.6% |
| Stocks and contracts in progress | 3 | €1,235 | €926 | -€309 | -25.0% |
| Stocks | 30/36 | €1,235 | €926 | -€309 | -25.0% |
| Amounts receivable within one year | 40/41 | €125,445 | €129,673 | +€4,228 | +3.4% |
| Trade receivables | 40 | €4,496 | €15,652 | +€11,156 | +248% |
| Other amounts receivable | 41 | €120,949 | €114,021 | -€6,927 | -5.7% |
| Cash at bank and in hand | 54/58 | €7,330 | €12,205 | +€4,875 | +66.5% |
| Deferred charges and accrued income | 490/1 | €2,410 | €6,681 | +€4,271 | +177% |
| Total equity and liabilities | 10/49 | €146,516 | €154,699 | +€8,183 | +5.6% |
| Equity | 10/15 | €114,634 | €119,777 | +€5,143 | +4.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €35,162 | €113,577 | +€78,415 | +223% |
| 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 | €33,302 | €111,717 | +€78,415 | +235% |
| Profit (loss) carried forward | 14 | €73,271 | - | -€73,271 | |
| Amounts payable | 17/49 | €31,882 | €34,922 | +€3,040 | +9.5% |
| Amounts payable within one year | 42/48 | €31,882 | €34,922 | +€3,040 | +9.5% |
| Trade debts | 44 | €10,313 | €12,368 | +€2,055 | +19.9% |
| Suppliers | 440/4 | €10,313 | €12,368 | +€2,055 | +19.9% |
| Taxes, remuneration and social security | 45 | €21,569 | €22,554 | +€984 | +4.6% |
| Taxes | 450/3 | €21,569 | €20,927 | -€642 | -3.0% |
| Remuneration and social security | 454/9 | - | €1,627 | +€1,627 | |
| Remuneration, social security and pensions | 62 | €98 | - | -€98 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,134 | €4,883 | -€251 | -4.9% |
| Other operating charges | 640/8 | €5,842 | €2,833 | -€3,009 | -51.5% |
| Gross operating margin | 9900 | €65,802 | €15,798 | -€50,003 | -76.0% |
| Operating profit (loss) | 9901 | €54,728 | €8,082 | -€46,646 | -85.2% |
| Financial income | 75/76B | €2,410 | - | -€2,410 | |
| Recurring financial income | 75 | €2,410 | - | -€2,410 | |
| Financial charges | 65/66B | €369 | €405 | +€36 | +9.9% |
| Recurring financial charges | 65 | €369 | €405 | +€36 | +9.9% |
| Profit (loss) for the period before taxes | 9903 | €56,769 | €7,677 | -€49,092 | -86.5% |
| Income taxes | 67/77 | €15,666 | €2,534 | -€13,132 | -83.8% |
| Profit (loss) for the period | 9904 | €41,103 | €5,143 | -€35,960 | -87.5% |
| Profit (loss) for the period to be appropriated | 9905 | €41,103 | €5,143 | -€35,960 | -87.5% |
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 26 October 2026 via checked.be.