BTB TECHNICS: what changed
Two fiscal 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.
BTB TECHNICS
Largest movements
- Tangible fixed assets +€10,544
up €10,544 (+281.8%), from €3,742 to €14,286
of which Furniture and vehicles: +€11,144
- Receivables within one year -€8,679
down €8,679 (-13.6%), from €63,827 to €55,149
of which Trade receivables: -€8,864
- Cash +€6,806
up €6,806 (+16.1%), from €42,318 to €49,124
mainly Trade debts (+€15,049) and Net result for the year (+€12,198)
- Trade debts +€15,049
up €15,049 (+169.8%), from €8,865 to €23,914
- Other debts -€13,911
down €13,911 (-52.3%), from €26,608 to €12,697
- Profit (loss) carried forward +€8,686
up €8,686 (+247.4%), from €3,512 to €12,198
- Tax, wage and social debts -€5,440
down €5,440 (-54.7%), from €9,940 to €4,500
of which Taxes: -€8,440
- Reserves +€3,512
up €3,512 (+6.1%), from €57,898 to €61,409
- Gross operating margin +€9,524
up €9,524 (+62.0%), from €15,358 to €24,882
- Depreciation +€1,515
up €1,515 (+51.7%), from €2,931 to €4,446
- Taxes +€1,442
up €1,442 (+63.6%), from €2,266 to €3,708
- Other operating charges -€1,196
down €1,196 (-48.5%), from €2,468 to €1,272
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 | €111,822 | €119,718 | +€7,896 | +7.1% |
| Fixed assets | 21/28 | €4,895 | €15,439 | +€10,544 | +215.4% |
| Tangible fixed assets | 22/27 | €3,742 | €14,286 | +€10,544 | +281.8% |
| Plant, machinery and equipment | 23 | €2,507 | €1,907 | -€600 | -23.9% |
| Furniture and vehicles | 24 | €1,236 | €12,380 | +€11,144 | +901.9% |
| Financial fixed assets | 28 | €1,153 | €1,153 | = | 0.0% |
| Current assets | 29/58 | €106,927 | €104,279 | -€2,648 | -2.5% |
| Amounts receivable within one year | 40/41 | €63,827 | €55,149 | -€8,679 | -13.6% |
| Trade receivables | 40 | €60,795 | €51,931 | -€8,864 | -14.6% |
| Other amounts receivable | 41 | €3,032 | €3,217 | +€185 | +6.1% |
| Cash at bank and in hand | 54/58 | €42,318 | €49,124 | +€6,806 | +16.1% |
| Deferred charges and accrued income | 490/1 | €782 | €6 | -€776 | -99.2% |
| Total equity and liabilities | 10/49 | €111,822 | €119,718 | +€7,896 | +7.1% |
| Equity | 10/15 | €66,409 | €78,607 | +€12,198 | +18.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €57,898 | €61,409 | +€3,512 | +6.1% |
| Distributable reserves | 133 | €57,898 | €61,409 | +€3,512 | +6.1% |
| Profit (loss) carried forward | 14 | €3,512 | €12,198 | +€8,686 | +247.4% |
| Amounts payable | 17/49 | €45,413 | €41,111 | -€4,302 | -9.5% |
| Amounts payable within one year | 42/48 | €45,413 | €41,111 | -€4,302 | -9.5% |
| Trade debts | 44 | €8,865 | €23,914 | +€15,049 | +169.8% |
| Suppliers | 440/4 | €8,865 | €23,914 | +€15,049 | +169.8% |
| Taxes, remuneration and social security | 45 | €9,940 | €4,500 | -€5,440 | -54.7% |
| Taxes | 450/3 | €9,940 | €1,500 | -€8,440 | -84.9% |
| Remuneration and social security | 454/9 | - | €3,000 | +€3,000 | |
| Other amounts payable | 47/48 | €26,608 | €12,697 | -€13,911 | -52.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,931 | €4,446 | +€1,515 | +51.7% |
| Other operating charges | 640/8 | €2,468 | €1,272 | -€1,196 | -48.5% |
| Gross operating margin | 9900 | €15,358 | €24,882 | +€9,524 | +62.0% |
| Operating profit (loss) | 9901 | €9,959 | €19,164 | +€9,204 | +92.4% |
| Financial income | 75/76B | €20 | €0 | -€20 | -100.0% |
| Recurring financial income | 75 | €20 | €0 | -€20 | -100.0% |
| Financial charges | 65/66B | €3,369 | €3,259 | -€110 | -3.3% |
| Recurring financial charges | 65 | €3,369 | €3,259 | -€110 | -3.3% |
| Profit (loss) for the period before taxes | 9903 | €6,611 | €15,905 | +€9,295 | +140.6% |
| Income taxes | 67/77 | €2,266 | €3,708 | +€1,442 | +63.6% |
| Profit (loss) for the period | 9904 | €4,345 | €12,198 | +€7,853 | +180.8% |
| Profit (loss) for the period to be appropriated | 9905 | €4,345 | €12,198 | +€7,853 | +180.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.