BTeBoost: 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.
BTeBoost
Largest movements
- Current investments +€70,502
up €70,502 (+90.6%), from €77,857 to €148,359
- Cash -€25,302
down €25,302 (-20.8%), from €121,898 to €96,595
mainly Current investments (-€70,502) and Contributions, distributions and other (-€55,000)
- Receivables within one year -€3,757
down €3,757 (-8.9%), from €42,078 to €38,322
of which Other amounts receivable: -€12,713
- Other debts +€47,006
up €47,006 (+33191.6%), from €142 to €47,148
- Tax, wage and social debts -€4,420
down €4,420 (-35.6%), from €12,420 to €8,000
- Gross operating margin -€2,463
down €2,463 (-3.1%), from €79,002 to €76,538
- Financial income +€1,450
up €1,450 (+120792.5%), from €1 to €1,451
- Taxes -€990
down €990 (-4.6%), from €21,515 to €20,525
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 | €246,077 | €287,098 | +€41,021 | +16.7% |
| Fixed assets | 21/28 | €4,028 | €3,627 | -€401 | -10.0% |
| Tangible fixed assets | 22/27 | €4,028 | €3,627 | -€401 | -10.0% |
| Plant, machinery and equipment | 23 | €4,028 | €2,721 | -€1,307 | -32.4% |
| Furniture and vehicles | 24 | - | €906 | +€906 | |
| Current assets | 29/58 | €242,048 | €283,471 | +€41,423 | +17.1% |
| Amounts receivable within one year | 40/41 | €42,078 | €38,322 | -€3,757 | -8.9% |
| Trade receivables | 40 | €22,229 | €31,186 | +€8,957 | +40.3% |
| Other amounts receivable | 41 | €19,849 | €7,136 | -€12,713 | -64.0% |
| Current investments | 50/53 | €77,857 | €148,359 | +€70,502 | +90.6% |
| Cash at bank and in hand | 54/58 | €121,898 | €96,595 | -€25,302 | -20.8% |
| Deferred charges and accrued income | 490/1 | €216 | €195 | -€21 | -9.8% |
| Total equity and liabilities | 10/49 | €246,077 | €287,098 | +€41,021 | +16.7% |
| Equity | 10/15 | €230,925 | €230,220 | -€705 | -0.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Other | 1109/19 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €204,740 | €202,240 | -€2,500 | -1.2% |
| Distributable reserves | 133 | €204,740 | €202,240 | -€2,500 | -1.2% |
| Profit (loss) carried forward | 14 | €7,585 | €9,380 | +€1,795 | +23.7% |
| Amounts payable | 17/49 | €15,152 | €56,878 | +€41,726 | +275.4% |
| Amounts payable within one year | 42/48 | €15,152 | €56,878 | +€41,726 | +275.4% |
| Financial debts | 43 | €848 | - | -€848 | |
| Credit institutions | 430/8 | €848 | - | -€848 | |
| Trade debts | 44 | €1,742 | €1,730 | -€11 | -0.6% |
| Suppliers | 440/4 | €1,742 | €1,730 | -€11 | -0.6% |
| Taxes, remuneration and social security | 45 | €12,420 | €8,000 | -€4,420 | -35.6% |
| Taxes | 450/3 | €12,420 | €8,000 | -€4,420 | -35.6% |
| Other amounts payable | 47/48 | €142 | €47,148 | +€47,006 | +33191.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,469 | €1,623 | +€154 | +10.5% |
| Other operating charges | 640/8 | €387 | €1,146 | +€759 | +195.9% |
| Gross operating margin | 9900 | €79,002 | €76,538 | -€2,463 | -3.1% |
| Operating profit (loss) | 9901 | €77,146 | €73,770 | -€3,376 | -4.4% |
| Financial income | 75/76B | €1 | €1,451 | +€1,450 | +120792.5% |
| Recurring financial income | 75 | €1 | €1,451 | +€1,450 | +120792.5% |
| Financial charges | 65/66B | €586 | €400 | -€186 | -31.7% |
| Recurring financial charges | 65 | €586 | €400 | -€186 | -31.7% |
| Profit (loss) for the period before taxes | 9903 | €76,561 | €74,820 | -€1,740 | -2.3% |
| Income taxes | 67/77 | €21,515 | €20,525 | -€990 | -4.6% |
| Profit (loss) for the period | 9904 | €55,046 | €54,295 | -€751 | -1.4% |
| Profit (loss) for the period to be appropriated | 9905 | €55,046 | €54,295 | -€751 | -1.4% |
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.