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BTM.MOLD: 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.

What changed

BTM.MOLD

BE 0809.719.277
NACE 43.990, Other specialised construction activities
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€155,730
2024 · €54,601-€210,332
Equity
-€19,338
2024 · €136,392-€155,730
Cash
€727
2024 · €990-€263
Balance sheet total
€59,932
2024 · €233,856-€173,924

Largest movements

2024 to 2025
Assets
  • Tangible fixed assets -€167,321

    down €167,321 (-91.5%), from €182,809 to €15,489

    of which Land and buildings: -€159,379

  • Receivables within one year -€4,823

    down €4,823 (-10.8%), from €44,744 to €39,920

    of which Other amounts receivable: -€27,241

Equity and liabilities
  • Profit (loss) carried forward -€155,730

    down €155,730, from €136,392 to -€19,338

  • Tax, wage and social debts -€35,430

    down €35,430 (-81.7%), from €43,357 to €7,927

    of which Taxes: -€37,630

  • Trade debts +€24,979

    up €24,979 (+391.2%), from €6,385 to €31,364

  • Accrued charges and deferred income +€23,726

    new in 2025: €23,726

  • Current portion of long-term debt -€20,698

    no longer reported in 2025 (was €20,698)

Income statement
  • Turnover -€911,827

    no longer reported in 2025 (was €911,827)

  • Purchases and services -€807,182

    no longer reported in 2025 (was €807,182)

  • Depreciation +€153,296

    up €153,296 (+1113.4%), from €13,768 to €167,065

  • Gross operating margin -€74,461

    down €74,461 (-69.8%), from €106,645 to €32,184

  • Taxes -€25,390

    down €25,390 (-98.9%), from €25,662 to €272

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €54,601
Gross operating margin -€74,461
Staff costs -€445
Depreciation -€153,296
Other operating charges -€15,493
Other operating items +€2,867
Financial income +€3,393
Financial charges +€1,714
Taxes +€25,390
Result 2025 -€155,730

Cash bridge derived

cash 2024 to 2025

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.

From operations +€31,002
Investment +€256
Financing -€31,521
Cash 2024 €990
Net result for the year -€155,730
Depreciation +€167,065
Receivables within one year +€4,823
Deferred charges and accrued income +€1,517
Trade debts +€24,979
Tax, wage and social debts -€35,430
Other debts +€52
Accrued charges and deferred income +€23,726
Investment in fixed assets (net) +€256
Current portion of long-term debt -€20,698
Short-term financial debts -€10,823
Cash 2025 €727
Every line side by side 47 lines
Line Code 2024 2025 Change %
Total assets 20/58 €233,856 €59,932 -€173,924 -74.4%
Fixed assets 21/28 €183,244 €15,924 -€167,321 -91.3%
Tangible fixed assets 22/27 €182,809 €15,489 -€167,321 -91.5%
Land and buildings 22 €159,379 - -€159,379
Plant, machinery and equipment 23 €1 - -€1
Furniture and vehicles 24 €18,569 €13,776 -€4,793 -25.8%
Leasing and similar rights 25 €4,860 €1,713 -€3,147 -64.8%
Financial fixed assets 28 €435 €435 = 0.0%
Current assets 29/58 €50,611 €44,008 -€6,604 -13.0%
Amounts receivable within one year 40/41 €44,744 €39,920 -€4,823 -10.8%
Trade receivables 40 €5,986 €28,405 +€22,418 +374.5%
Other amounts receivable 41 €38,757 €11,516 -€27,241 -70.3%
Current investments 50/53 €3 €3 = 0.0%
Cash at bank and in hand 54/58 €990 €727 -€263 -26.6%
Deferred charges and accrued income 490/1 €4,875 €3,357 -€1,517 -31.1%
Total equity and liabilities 10/49 €233,856 €59,932 -€173,924 -74.4%
Equity 10/15 €136,392 -€19,338 -€155,730
Profit (loss) carried forward 14 €136,392 -€19,338 -€155,730
Amounts payable 17/49 €97,463 €79,270 -€18,194 -18.7%
Amounts payable within one year 42/48 €97,463 €55,543 -€41,920 -43.0%
Current portion of amounts payable after more than one year 42 €20,698 - -€20,698
Financial debts 43 €10,823 - -€10,823
Credit institutions 430/8 €10,823 - -€10,823
Trade debts 44 €6,385 €31,364 +€24,979 +391.2%
Suppliers 440/4 €6,385 €31,364 +€24,979 +391.2%
Taxes, remuneration and social security 45 €43,357 €7,927 -€35,430 -81.7%
Taxes 450/3 €39,978 €2,348 -€37,630 -94.1%
Remuneration and social security 454/9 €3,379 €5,579 +€2,200 +65.1%
Other amounts payable 47/48 €16,200 €16,252 +€52 +0.3%
Accrued charges and deferred income 492/3 - €23,726 +€23,726
Turnover 70 €911,827 - -€911,827
Non-recurring operating income 76A €2,000 - -€2,000
Goods, raw materials, services and sundry goods 60/61 €807,182 - -€807,182
Remuneration, social security and pensions 62 €259 €704 +€445 +172.0%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €13,768 €167,065 +€153,296 +1113.4%
Other operating charges 640/8 €6,016 €21,509 +€15,493 +257.5%
Non-recurring operating charges 66A €2,867 - -€2,867
Gross operating margin 9900 €106,645 €32,184 -€74,461 -69.8%
Operating profit (loss) 9901 €83,735 -€157,093 -€240,829
Financial income 75/76B €239 €3,632 +€3,393 +1417.9%
Recurring financial income 75 €239 €3,632 +€3,393 +1417.9%
Financial charges 65/66B €3,711 €1,997 -€1,714 -46.2%
Recurring financial charges 65 €3,711 €1,997 -€1,714 -46.2%
Profit (loss) for the period before taxes 9903 €80,263 -€155,458 -€235,721
Income taxes 67/77 €25,662 €272 -€25,390 -98.9%
Profit (loss) for the period 9904 €54,601 -€155,730 -€210,332
Profit (loss) for the period to be appropriated 9905 €54,601 -€155,730 -€210,332

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 29 September 2026 via checked.be.