BTS Industry: 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.
BTS Industry
Largest movements
- Financial fixed assets +€3,000
up €3,000 (+2.0%), from €150,000 to €153,000
- Receivables within one year -€1,631
down €1,631 (-89.4%), from €1,825 to €194
- Other debts +€32,787
up €32,787 (+79.3%), from €41,348 to €74,135
- Profit (loss) carried forward -€23,998
down €23,998 (-239.1%), from -€10,038 to -€34,036
- Debts after one year -€16,489
down €16,489 (-17.2%), from €95,979 to €79,489
- Trade debts +€4,834
up €4,834 (+114.0%), from €4,241 to €9,075
- Current portion of long-term debt +€2,895
up €2,895 (+15.5%), from €18,682 to €21,577
- Gross operating margin -€12,846
down €12,846 (-242.6%), from -€5,295 to -€18,142
- Financial charges +€1,101
up €1,101 (+25.3%), from €4,355 to €5,457
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 | €153,212 | €153,241 | +€29 | 0.0% |
| Fixed assets | 21/28 | €150,000 | €153,000 | +€3,000 | +2.0% |
| Financial fixed assets | 28 | €150,000 | €153,000 | +€3,000 | +2.0% |
| Current assets | 29/58 | €3,212 | €241 | -€2,971 | -92.5% |
| Amounts receivable within one year | 40/41 | €1,825 | €194 | -€1,631 | -89.4% |
| Other amounts receivable | 41 | €1,825 | €194 | -€1,631 | -89.4% |
| Cash at bank and in hand | 54/58 | €1,387 | €47 | -€1,340 | -96.6% |
| Total equity and liabilities | 10/49 | €153,212 | €153,241 | +€29 | 0.0% |
| Equity | 10/15 | -€7,038 | -€31,036 | -€23,998 | -341.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€10,038 | -€34,036 | -€23,998 | -239.1% |
| Amounts payable | 17/49 | €160,250 | €184,277 | +€24,027 | +15.0% |
| Amounts payable after more than one year | 17 | €95,979 | €79,489 | -€16,489 | -17.2% |
| Financial debts | 170/4 | €95,979 | €79,489 | -€16,489 | -17.2% |
| Amounts payable within one year | 42/48 | €64,271 | €104,788 | +€40,516 | +63.0% |
| Current portion of amounts payable after more than one year | 42 | €18,682 | €21,577 | +€2,895 | +15.5% |
| Trade debts | 44 | €4,241 | €9,075 | +€4,834 | +114.0% |
| Suppliers | 440/4 | €4,241 | €9,075 | +€4,834 | +114.0% |
| Other amounts payable | 47/48 | €41,348 | €74,135 | +€32,787 | +79.3% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | -€5,295 | -€18,142 | -€12,846 | -242.6% |
| Operating profit (loss) | 9901 | -€5,682 | -€18,541 | -€12,859 | -226.3% |
| Financial charges | 65/66B | €4,355 | €5,457 | +€1,101 | +25.3% |
| Recurring financial charges | 65 | €4,355 | €5,457 | +€1,101 | +25.3% |
| Profit (loss) for the period before taxes | 9903 | -€10,038 | -€23,998 | -€13,960 | -139.1% |
| Profit (loss) for the period | 9904 | -€10,038 | -€23,998 | -€13,960 | -139.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€10,038 | -€23,998 | -€13,960 | -139.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.