BTTechnics: 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.
BTTechnics
Largest movements
- Cash +€210,707
up €210,707 (+104.5%), from €201,629 to €412,335
mainly Net result for the year (+€161,268) and Depreciation (+€90,881)
- Tangible fixed assets -€68,432
down €68,432 (-8.8%), from €781,050 to €712,618
of which Furniture and vehicles: -€54,692
- Reserves +€161,268
up €161,268 (+11.0%), from €1.5m to €1.6m
- Trade debts +€46,537
up €46,537 (+63.0%), from €73,896 to €120,433
- Tax, wage and social debts -€43,482
down €43,482 (-55.0%), from €79,073 to €35,592
of which Taxes: -€47,389
- Debts after one year -€38,123
down €38,123 (-11.1%), from €342,087 to €303,964
- Gross operating margin +€69,487
up €69,487 (+19.5%), from €357,248 to €426,735
- Staff costs +€39,113
up €39,113 (+68.2%), from €57,358 to €96,472
- Financial income -€11,491
down €11,491 (-68.4%), from €16,809 to €5,317
- Taxes +€6,367
up €6,367 (+10.0%), from €63,420 to €69,788
- Financial charges -€5,811
down €5,811 (-51.0%), from €11,396 to €5,584
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 | €2,040,351 | €2,166,029 | +€125,678 | +6.2% |
| Fixed assets | 21/28 | €781,050 | €712,618 | -€68,432 | -8.8% |
| Tangible fixed assets | 22/27 | €781,050 | €712,618 | -€68,432 | -8.8% |
| Land and buildings | 22 | €636,548 | €625,034 | -€11,514 | -1.8% |
| Plant, machinery and equipment | 23 | €41,903 | €39,676 | -€2,226 | -5.3% |
| Furniture and vehicles | 24 | €102,600 | €47,908 | -€54,692 | -53.3% |
| Current assets | 29/58 | €1,259,300 | €1,453,411 | +€194,110 | +15.4% |
| Stocks and contracts in progress | 3 | €97,569 | €85,612 | -€11,957 | -12.3% |
| Stocks | 30/36 | €97,569 | €85,612 | -€11,957 | -12.3% |
| Amounts receivable within one year | 40/41 | €251,102 | €246,463 | -€4,639 | -1.8% |
| Trade receivables | 40 | €154,310 | €135,788 | -€18,522 | -12.0% |
| Other amounts receivable | 41 | €96,792 | €110,675 | +€13,883 | +14.3% |
| Current investments | 50/53 | €709,000 | €709,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €201,629 | €412,335 | +€210,707 | +104.5% |
| Total equity and liabilities | 10/49 | €2,040,351 | €2,166,029 | +€125,678 | +6.2% |
| Equity | 10/15 | €1,487,393 | €1,648,661 | +€161,268 | +10.8% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Reserves | 13 | €1,466,933 | €1,628,201 | +€161,268 | +11.0% |
| Distributable reserves | 133 | €1,466,933 | €1,628,201 | +€161,268 | +11.0% |
| Amounts payable | 17/49 | €552,958 | €517,368 | -€35,590 | -6.4% |
| Amounts payable after more than one year | 17 | €342,087 | €303,964 | -€38,123 | -11.1% |
| Financial debts | 170/4 | €342,087 | €303,964 | -€38,123 | -11.1% |
| Amounts payable within one year | 42/48 | €210,871 | €195,848 | -€15,023 | -7.1% |
| Current portion of amounts payable after more than one year | 42 | €57,901 | €38,123 | -€19,778 | -34.2% |
| Trade debts | 44 | €73,896 | €120,433 | +€46,537 | +63.0% |
| Suppliers | 440/4 | €73,896 | €120,433 | +€46,537 | +63.0% |
| Advances received on contracts in progress | 46 | - | €1,700 | +€1,700 | |
| Taxes, remuneration and social security | 45 | €79,073 | €35,592 | -€43,482 | -55.0% |
| Taxes | 450/3 | €77,176 | €29,788 | -€47,389 | -61.4% |
| Remuneration and social security | 454/9 | €1,897 | €5,804 | +€3,907 | +205.9% |
| Accrued charges and deferred income | 492/3 | - | €17,556 | +€17,556 | |
| Non-recurring operating income | 76A | - | €4,132 | +€4,132 | |
| Remuneration, social security and pensions | 62 | €57,358 | €96,472 | +€39,113 | +68.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €93,058 | €90,881 | -€2,177 | -2.3% |
| Other operating charges | 640/8 | €7,187 | €8,060 | +€873 | +12.1% |
| Gross operating margin | 9900 | €357,248 | €426,735 | +€69,487 | +19.5% |
| Operating profit (loss) | 9901 | €199,645 | €231,323 | +€31,678 | +15.9% |
| Financial income | 75/76B | €16,809 | €5,317 | -€11,491 | -68.4% |
| Recurring financial income | 75 | €16,809 | €5,317 | -€11,491 | -68.4% |
| Financial charges | 65/66B | €11,396 | €5,584 | -€5,811 | -51.0% |
| Recurring financial charges | 65 | €11,396 | €5,584 | -€5,811 | -51.0% |
| Profit (loss) for the period before taxes | 9903 | €205,058 | €231,056 | +€25,998 | +12.7% |
| Income taxes | 67/77 | €63,420 | €69,788 | +€6,367 | +10.0% |
| Profit (loss) for the period | 9904 | €141,637 | €161,268 | +€19,631 | +13.9% |
| Profit (loss) for the period to be appropriated | 9905 | €141,637 | €161,268 | +€19,631 | +13.9% |
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 10 October 2026 via checked.be.