BTS Tank Solutions: 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 Tank Solutions
Largest movements
- Tangible fixed assets +€420,459
up €420,459 (+51.4%), from €818,570 to €1.2m
of which Furniture and vehicles: +€234,783
- Stocks and contracts +€260,510
up €260,510 (+43.5%), from €598,329 to €858,839
- Receivables within one year -€181,358
down €181,358 (-48.1%), from €377,406 to €196,048
of which Trade receivables: -€176,105
- Cash +€116,716
up €116,716 (+116%), from €100,556 to €217,271
mainly Debts after one year (+€519,438) and Net result for the year (+€404,101)
- Debts after one year +€519,438
up €519,438 (+1,513%), from €34,325 to €553,763
- Other debts -€152,686
down €152,686 (-24.7%), from €618,165 to €465,479
- Current portion of long-term debt +€144,711
up €144,711 (+586%), from €24,694 to €169,405
- Trade debts +€130,405
up €130,405 (+22.4%), from €583,095 to €713,499
- Tax, wage and social debts -€33,160
down €33,160 (-59.2%), from €56,047 to €22,887
of which Remuneration and social security: -€19,287
- Depreciation +€79,498
up €79,498 (+90.7%), from €87,614 to €167,112
- Gross operating margin -€34,544
down €34,544 (-3.3%), from €1.1m to €1.0m
- Staff costs +€27,266
up €27,266 (+7.0%), from €387,774 to €415,041
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 | €1,896,400 | €2,512,812 | +€616,412 | +32.5% |
| Fixed assets | 21/28 | €819,314 | €1,239,773 | +€420,459 | +51.3% |
| Tangible fixed assets | 22/27 | €818,570 | €1,239,029 | +€420,459 | +51.4% |
| Land and buildings | 22 | €233,508 | €427,593 | +€194,085 | +83.1% |
| Plant, machinery and equipment | 23 | €15,964 | €13,636 | -€2,328 | -14.6% |
| Furniture and vehicles | 24 | €515,800 | €750,583 | +€234,783 | +45.5% |
| Other tangible fixed assets | 26 | €53,298 | €47,218 | -€6,080 | -11.4% |
| Financial fixed assets | 28 | €744 | €744 | = | 0.0% |
| Current assets | 29/58 | €1,077,087 | €1,273,039 | +€195,953 | +18.2% |
| Stocks and contracts in progress | 3 | €598,329 | €858,839 | +€260,510 | +43.5% |
| Stocks | 30/36 | €598,329 | €858,839 | +€260,510 | +43.5% |
| Amounts receivable within one year | 40/41 | €377,406 | €196,048 | -€181,358 | -48.1% |
| Trade receivables | 40 | €285,183 | €109,078 | -€176,105 | -61.8% |
| Other amounts receivable | 41 | €92,224 | €86,970 | -€5,254 | -5.7% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €100,556 | €217,271 | +€116,716 | +116% |
| Deferred charges and accrued income | 490/1 | €796 | €881 | +€85 | +10.7% |
| Total equity and liabilities | 10/49 | €1,896,400 | €2,512,812 | +€616,412 | +32.5% |
| Equity | 10/15 | €552,586 | €561,322 | +€8,736 | +1.6% |
| Contributions | 10/11 | €340,000 | €340,000 | = | 0.0% |
| Capital | 10 | €340,000 | €340,000 | = | 0.0% |
| Issued capital | 100 | €340,000 | €340,000 | = | 0.0% |
| Reserves | 13 | €134,021 | €132,575 | -€1,446 | -1.1% |
| Non-distributable reserves | 130/1 | €33,466 | €34,000 | +€534 | +1.6% |
| Legal reserve | 130 | €33,466 | €34,000 | +€534 | +1.6% |
| Tax-exempt reserves | 132 | €100,555 | €98,575 | -€1,980 | -2.0% |
| Profit (loss) carried forward | 14 | €70,430 | €80,976 | +€10,547 | +15.0% |
| Investment grants | 15 | €8,135 | €7,770 | -€364 | -4.5% |
| Provisions and deferred taxes | 16 | €20,860 | €19,840 | -€1,020 | -4.9% |
| Deferred taxes | 168 | €20,860 | €19,840 | -€1,020 | -4.9% |
| Amounts payable | 17/49 | €1,322,955 | €1,931,650 | +€608,696 | +46.0% |
| Amounts payable after more than one year | 17 | €34,325 | €553,763 | +€519,438 | +1,513% |
| Financial debts | 170/4 | €34,325 | €553,763 | +€519,438 | +1,513% |
| Amounts payable within one year | 42/48 | €1,288,630 | €1,377,888 | +€89,258 | +6.9% |
| Current portion of amounts payable after more than one year | 42 | €24,694 | €169,405 | +€144,711 | +586% |
| Financial debts | 43 | €6,629 | €6,617 | -€11 | -0.2% |
| Credit institutions | 430/8 | €6,629 | €6,617 | -€11 | -0.2% |
| Trade debts | 44 | €583,095 | €713,499 | +€130,405 | +22.4% |
| Suppliers | 440/4 | €583,095 | €713,499 | +€130,405 | +22.4% |
| Taxes, remuneration and social security | 45 | €56,047 | €22,887 | -€33,160 | -59.2% |
| Taxes | 450/3 | €16,450 | €2,577 | -€13,873 | -84.3% |
| Remuneration and social security | 454/9 | €39,597 | €20,310 | -€19,287 | -48.7% |
| Other amounts payable | 47/48 | €618,165 | €465,479 | -€152,686 | -24.7% |
| Non-recurring operating income | 76A | €3,000 | €86,000 | +€83,000 | +2,767% |
| Remuneration, social security and pensions | 62 | €387,774 | €415,041 | +€27,266 | +7.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €87,614 | €167,112 | +€79,498 | +90.7% |
| Other operating charges | 640/8 | €11,323 | €8,418 | -€2,905 | -25.7% |
| Non-recurring operating charges | 66A | €0 | €8,785 | +€8,785 | |
| Gross operating margin | 9900 | €1,053,781 | €1,019,237 | -€34,544 | -3.3% |
| Operating profit (loss) | 9901 | €567,070 | €419,882 | -€147,188 | -26.0% |
| Financial income | 75/76B | €2,630 | €2,894 | +€263 | +10.0% |
| Recurring financial income | 75 | €2,630 | €2,894 | +€263 | +10.0% |
| Financial charges | 65/66B | €10,959 | €19,198 | +€8,239 | +75.2% |
| Recurring financial charges | 65 | €10,959 | €19,198 | +€8,239 | +75.2% |
| Profit (loss) for the period before taxes | 9903 | €558,742 | €403,578 | -€155,164 | -27.8% |
| Transfer from deferred taxes | 780 | €1,020 | €1,020 | = | 0.0% |
| Income taxes | 67/77 | €728 | €497 | -€231 | -31.7% |
| Profit (loss) for the period | 9904 | €559,034 | €404,101 | -€154,933 | -27.7% |
| Transfer from tax-exempt reserves | 789 | €1,980 | €1,980 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €561,014 | €406,081 | -€154,933 | -27.6% |
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 28 October 2026 via checked.be.