BTM: 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.
BTM
Largest movements
- Cash +€4,997
up €4,997 (+6.1%), from €82,304 to €87,300
- Receivables within one year -€1,071
down €1,071 (-63.1%), from €1,696 to €625
of which Trade receivables: -€1,613
- Profit (loss) carried forward +€11,048
up €11,048 (+19.3%), from €57,285 to €68,333
- Tax, wage and social debts -€7,053
down €7,053 (-84.8%), from €8,320 to €1,267
of which Taxes: -€7,053
- Gross operating margin -€19,861
down €19,861, from €19,644 to -€217
- Taxes +€993
up €993 (+49.8%), from -€1,994 to -€1,001
From the 2022 result to the 2024 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
A cash bridge needs two consecutive fiscal years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2022 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €83,999 | €87,925 | +€3,926 | +4.7% |
| Current assets | 29/58 | €83,999 | €87,925 | +€3,926 | +4.7% |
| Amounts receivable within one year | 40/41 | €1,696 | €625 | -€1,071 | -63.1% |
| Trade receivables | 40 | €1,613 | - | -€1,613 | |
| Other amounts receivable | 41 | €83 | €625 | +€542 | +656.3% |
| Cash at bank and in hand | 54/58 | €82,304 | €87,300 | +€4,997 | +6.1% |
| Total equity and liabilities | 10/49 | €83,999 | €87,925 | +€3,926 | +4.7% |
| Equity | 10/15 | €71,177 | €82,225 | +€11,048 | +15.5% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €12,892 | €12,892 | = | 0.0% |
| Non-distributable reserves | 130/1 | €12,892 | €12,892 | = | 0.0% |
| Reserves not available under the articles | 1311 | €12,892 | €12,892 | = | 0.0% |
| Profit (loss) carried forward | 14 | €57,285 | €68,333 | +€11,048 | +19.3% |
| Amounts payable | 17/49 | €12,822 | €5,700 | -€7,122 | -55.5% |
| Amounts payable within one year | 42/48 | €12,822 | €5,700 | -€7,122 | -55.5% |
| Trade debts | 44 | €794 | €725 | -€69 | -8.6% |
| Suppliers | 440/4 | €794 | €725 | -€69 | -8.6% |
| Taxes, remuneration and social security | 45 | €8,320 | €1,267 | -€7,053 | -84.8% |
| Taxes | 450/3 | €7,053 | - | -€7,053 | |
| Remuneration and social security | 454/9 | €1,267 | €1,267 | = | 0.0% |
| Other amounts payable | 47/48 | €3,708 | €3,708 | = | 0.0% |
| Other operating charges | 640/8 | €450 | €505 | +€56 | +12.4% |
| Gross operating margin | 9900 | €19,644 | -€217 | -€19,861 | |
| Operating profit (loss) | 9901 | €19,195 | -€722 | -€19,917 | |
| Financial charges | 65/66B | €279 | €269 | -€10 | -3.5% |
| Recurring financial charges | 65 | €279 | €269 | -€10 | -3.5% |
| Profit (loss) for the period before taxes | 9903 | €18,916 | -€992 | -€19,907 | |
| Income taxes | 67/77 | -€1,994 | -€1,001 | +€993 | +49.8% |
| Profit (loss) for the period | 9904 | €20,909 | €9 | -€20,900 | -100.0% |
| Profit (loss) for the period to be appropriated | 9905 | €20,909 | €9 | -€20,900 | -100.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2022 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.