BTM Buildings: 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.
BTM Buildings
Largest movements
- Tangible fixed assets +€10,554
up €10,554 (+2.9%), from €365,109 to €375,663
of which Land and buildings: +€10,957
- Cash +€4,377
up €4,377 (+1,234%), from €355 to €4,731
mainly Depreciation (+€10,754) and Debts after one year (+€10,088)
- Debts after one year +€10,088
up €10,088 (+3.4%), from €298,588 to €308,675
- Other debts +€9,742
up €9,742 (+9.7%), from €99,984 to €109,726
- Profit (loss) carried forward -€5,123
down €5,123 (-10.5%), from -€48,691 to -€53,814
- Other operating charges -€11,215
down €11,215 (-78.5%), from €14,282 to €3,067
- Depreciation +€1,056
up €1,056 (+10.9%), from €9,698 to €10,754
- Gross operating margin +€808
up €808 (+6.0%), from €13,456 to €14,264
- Financial charges +€353
up €353 (+6.8%), from €5,215 to €5,568
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.
Derived cash bridge
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 | €366,046 | €381,401 | +€15,355 | +4.2% |
| Fixed assets | 21/28 | €365,109 | €375,663 | +€10,554 | +2.9% |
| Tangible fixed assets | 22/27 | €365,109 | €375,663 | +€10,554 | +2.9% |
| Land and buildings | 22 | €363,430 | €374,387 | +€10,957 | +3.0% |
| Plant, machinery and equipment | 23 | €1,679 | €1,276 | -€403 | -24.0% |
| Current assets | 29/58 | €937 | €5,739 | +€4,801 | +512% |
| Amounts receivable within one year | 40/41 | - | €403 | +€403 | |
| Trade receivables | 40 | - | €403 | +€403 | |
| Cash at bank and in hand | 54/58 | €355 | €4,731 | +€4,377 | +1,234% |
| Deferred charges and accrued income | 490/1 | €583 | €604 | +€22 | +3.7% |
| Total equity and liabilities | 10/49 | €366,046 | €381,401 | +€15,355 | +4.2% |
| Equity | 10/15 | -€46,691 | -€51,814 | -€5,123 | -11.0% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€48,691 | -€53,814 | -€5,123 | -10.5% |
| Amounts payable | 17/49 | €412,737 | €433,215 | +€20,479 | +5.0% |
| Amounts payable after more than one year | 17 | €298,588 | €308,675 | +€10,088 | +3.4% |
| Financial debts | 170/4 | €298,588 | €308,675 | +€10,088 | +3.4% |
| Amounts payable within one year | 42/48 | €114,149 | €124,540 | +€10,391 | +9.1% |
| Current portion of amounts payable after more than one year | 42 | €13,784 | €13,930 | +€146 | +1.1% |
| Trade debts | 44 | €381 | €884 | +€503 | +132% |
| Suppliers | 440/4 | €381 | €884 | +€503 | +132% |
| Other amounts payable | 47/48 | €99,984 | €109,726 | +€9,742 | +9.7% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,698 | €10,754 | +€1,056 | +10.9% |
| Other operating charges | 640/8 | €14,282 | €3,067 | -€11,215 | -78.5% |
| Gross operating margin | 9900 | €13,456 | €14,264 | +€808 | +6.0% |
| Operating profit (loss) | 9901 | -€10,524 | €443 | +€10,967 | |
| Financial income | 75/76B | €8 | €2 | -€6 | -74.3% |
| Recurring financial income | 75 | €8 | €2 | -€6 | -74.3% |
| Financial charges | 65/66B | €5,215 | €5,568 | +€353 | +6.8% |
| Recurring financial charges | 65 | €5,215 | €5,568 | +€353 | +6.8% |
| Profit (loss) for the period before taxes | 9903 | -€15,731 | -€5,123 | +€10,608 | +67.4% |
| Income taxes | 67/77 | €2 | €1 | -€1 | -68.0% |
| Profit (loss) for the period | 9904 | -€15,733 | -€5,123 | +€10,609 | +67.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€15,733 | -€5,123 | +€10,609 | +67.4% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.