BTI Services: 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.
BTI Services
Largest movements
- Tangible fixed assets +€36,130
up €36,130 (+10262.8%), from €352 to €36,482
of which Furniture and vehicles: +€35,165
- Cash -€28,440
down €28,440 (-31.3%), from €90,924 to €62,484
mainly Investment in fixed assets (net) (-€45,106) and Stocks and contracts (-€22,075)
- Stocks and contracts +€22,075
up €22,075 (+51.7%), from €42,671 to €64,746
- Deferred charges and accrued income -€5,208
down €5,208 (-48.9%), from €10,654 to €5,447
- Receivables within one year +€4,126
up €4,126 (+154.6%), from €2,669 to €6,795
of which Trade receivables: +€4,171
- Profit (loss) carried forward +€17,913
up €17,913 (+52.4%), from €34,179 to €52,092
- Current portion of long-term debt +€10,263
up €10,263 (+154.3%), from €6,652 to €16,916
- Debts after one year +€4,285
up €4,285 (+30.1%), from €14,222 to €18,507
- Tax, wage and social debts -€3,354
down €3,354 (-15.5%), from €21,659 to €18,305
of which Taxes: -€2,535
- Depreciation +€8,615
up €8,615 (+981.0%), from €878 to €9,493
- Other operating charges +€7,039
up €7,039 (+531.5%), from €1,324 to €8,363
- Financial charges +€1,505
up €1,505 (+40.4%), from €3,723 to €5,227
- Staff costs -€1,365
down €1,365 (-1.9%), from €71,976 to €70,611
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 | €151,511 | €179,678 | +€28,167 | +18.6% |
| Formation expenses | 20 | €1,626 | €1,109 | -€518 | -31.8% |
| Fixed assets | 21/28 | €2,967 | €39,097 | +€36,130 | +1217.7% |
| Tangible fixed assets | 22/27 | €352 | €36,482 | +€36,130 | +10262.8% |
| Plant, machinery and equipment | 23 | - | €965 | +€965 | |
| Furniture and vehicles | 24 | €352 | €35,517 | +€35,165 | +9988.6% |
| Financial fixed assets | 28 | €2,615 | €2,615 | = | 0.0% |
| Current assets | 29/58 | €146,918 | €139,472 | -€7,446 | -5.1% |
| Stocks and contracts in progress | 3 | €42,671 | €64,746 | +€22,075 | +51.7% |
| Stocks | 30/36 | €42,671 | €64,746 | +€22,075 | +51.7% |
| Amounts receivable within one year | 40/41 | €2,669 | €6,795 | +€4,126 | +154.6% |
| Trade receivables | 40 | €189 | €4,360 | +€4,171 | +2202.2% |
| Other amounts receivable | 41 | €2,479 | €2,435 | -€45 | -1.8% |
| Cash at bank and in hand | 54/58 | €90,924 | €62,484 | -€28,440 | -31.3% |
| Deferred charges and accrued income | 490/1 | €10,654 | €5,447 | -€5,208 | -48.9% |
| Total equity and liabilities | 10/49 | €151,511 | €179,678 | +€28,167 | +18.6% |
| Equity | 10/15 | €80,579 | €98,492 | +€17,913 | +22.2% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €44,400 | €44,400 | = | 0.0% |
| Distributable reserves | 133 | €44,400 | €44,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | €34,179 | €52,092 | +€17,913 | +52.4% |
| Amounts payable | 17/49 | €70,933 | €81,186 | +€10,253 | +14.5% |
| Amounts payable after more than one year | 17 | €14,222 | €18,507 | +€4,285 | +30.1% |
| Financial debts | 170/4 | €14,222 | €18,507 | +€4,285 | +30.1% |
| Amounts payable within one year | 42/48 | €56,711 | €62,533 | +€5,823 | +10.3% |
| Current portion of amounts payable after more than one year | 42 | €6,652 | €16,916 | +€10,263 | +154.3% |
| Trade debts | 44 | €24,555 | €22,854 | -€1,701 | -6.9% |
| Suppliers | 440/4 | €24,555 | €22,854 | -€1,701 | -6.9% |
| Taxes, remuneration and social security | 45 | €21,659 | €18,305 | -€3,354 | -15.5% |
| Taxes | 450/3 | €6,459 | €3,923 | -€2,535 | -39.3% |
| Remuneration and social security | 454/9 | €15,200 | €14,381 | -€819 | -5.4% |
| Other amounts payable | 47/48 | €3,845 | €4,459 | +€614 | +16.0% |
| Accrued charges and deferred income | 492/3 | - | €146 | +€146 | |
| Remuneration, social security and pensions | 62 | €71,976 | €70,611 | -€1,365 | -1.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €878 | €9,493 | +€8,615 | +981.0% |
| Other operating charges | 640/8 | €1,324 | €8,363 | +€7,039 | +531.5% |
| Gross operating margin | 9900 | €118,386 | €118,716 | +€330 | +0.3% |
| Operating profit (loss) | 9901 | €44,207 | €30,249 | -€13,958 | -31.6% |
| Financial income | 75/76B | €805 | €167 | -€638 | -79.2% |
| Recurring financial income | 75 | €805 | €167 | -€638 | -79.2% |
| Financial charges | 65/66B | €3,723 | €5,227 | +€1,505 | +40.4% |
| Recurring financial charges | 65 | €3,723 | €5,227 | +€1,505 | +40.4% |
| Profit (loss) for the period before taxes | 9903 | €41,289 | €25,189 | -€16,101 | -39.0% |
| Income taxes | 67/77 | €6,280 | €6,416 | +€136 | +2.2% |
| Profit (loss) for the period | 9904 | €35,009 | €18,772 | -€16,236 | -46.4% |
| Profit (loss) for the period to be appropriated | 9905 | €35,009 | €18,772 | -€16,236 | -46.4% |
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 7 October 2026 via checked.be.