BTech Engineering: 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.
BTech Engineering
Largest movements
- Tangible fixed assets +€56,944
up €56,944 (+1503.1%), from €3,789 to €60,733
of which Furniture and vehicles: +€54,395
- Cash +€13,022
up €13,022 (+20.6%), from €63,078 to €76,100
mainly Net result for the year (+€77,017) and Depreciation (+€12,612)
- Deferred charges and accrued income +€2,511
up €2,511 (+530.0%), from €474 to €2,985
- Profit (loss) carried forward +€76,184
up €76,184, from €0 to €76,184
- Tax, wage and social debts -€4,758
down €4,758 (-25.4%), from €18,767 to €14,010
- Trade debts +€1,613
up €1,613 (+203.4%), from €793 to €2,406
- Gross operating margin +€35,521
up €35,521 (+48.1%), from €73,858 to €109,379
- Depreciation +€12,420
up €12,420 (+6445.1%), from €193 to €12,612
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 | €79,112 | €152,151 | +€73,039 | +92.3% |
| Fixed assets | 21/28 | €3,789 | €60,733 | +€56,944 | +1503.1% |
| Tangible fixed assets | 22/27 | €3,789 | €60,733 | +€56,944 | +1503.1% |
| Plant, machinery and equipment | 23 | €3,789 | €6,337 | +€2,549 | +67.3% |
| Furniture and vehicles | 24 | - | €54,395 | +€54,395 | |
| Current assets | 29/58 | €75,323 | €91,418 | +€16,095 | +21.4% |
| Amounts receivable within one year | 40/41 | €11,772 | €12,333 | +€561 | +4.8% |
| Trade receivables | 40 | €11,772 | €10,228 | -€1,544 | -13.1% |
| Other amounts receivable | 41 | - | €2,106 | +€2,106 | |
| Cash at bank and in hand | 54/58 | €63,078 | €76,100 | +€13,022 | +20.6% |
| Deferred charges and accrued income | 490/1 | €474 | €2,985 | +€2,511 | +530.0% |
| Total equity and liabilities | 10/49 | €79,112 | €152,151 | +€73,039 | +92.3% |
| Equity | 10/15 | €58,719 | €134,903 | +€76,184 | +129.7% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Reserves | 13 | €52,719 | €52,719 | = | 0.0% |
| Distributable reserves | 133 | €52,719 | €52,719 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €76,184 | +€76,184 | |
| Amounts payable | 17/49 | €20,393 | €17,248 | -€3,145 | -15.4% |
| Amounts payable within one year | 42/48 | €20,393 | €17,248 | -€3,145 | -15.4% |
| Trade debts | 44 | €793 | €2,406 | +€1,613 | +203.4% |
| Suppliers | 440/4 | €793 | €2,406 | +€1,613 | +203.4% |
| Taxes, remuneration and social security | 45 | €18,767 | €14,010 | -€4,758 | -25.4% |
| Taxes | 450/3 | €18,767 | €14,010 | -€4,758 | -25.4% |
| Other amounts payable | 47/48 | €833 | €833 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €193 | €12,612 | +€12,420 | +6445.1% |
| Other operating charges | 640/8 | €50 | €244 | +€194 | +388.9% |
| Gross operating margin | 9900 | €73,858 | €109,379 | +€35,521 | +48.1% |
| Operating profit (loss) | 9901 | €73,615 | €96,522 | +€22,907 | +31.1% |
| Financial income | 75/76B | €0 | €10 | +€10 | +102800.0% |
| Recurring financial income | 75 | €0 | €10 | +€10 | +102800.0% |
| Financial charges | 65/66B | €23 | €42 | +€19 | +85.6% |
| Recurring financial charges | 65 | €23 | €42 | +€19 | +85.6% |
| Profit (loss) for the period before taxes | 9903 | €73,593 | €96,491 | +€22,898 | +31.1% |
| Income taxes | 67/77 | €20,041 | €19,474 | -€567 | -2.8% |
| Profit (loss) for the period | 9904 | €53,552 | €77,017 | +€23,465 | +43.8% |
| Profit (loss) for the period to be appropriated | 9905 | €53,552 | €77,017 | +€23,465 | +43.8% |
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 6 October 2026 via checked.be.