BTTV: 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.
BTTV
Largest movements
- Cash +€11,241
up €11,241 (+37.8%), from €29,776 to €41,017
mainly Net result for the year (+€15,899) and Receivables within one year (+€708)
- Reserves +€15,899
up €15,899 (+19.3%), from €82,312 to €98,210
of which Distributable reserves: +€15,899
- Tax, wage and social debts -€3,046
down €3,046 (-48.9%), from €6,234 to €3,188
- Profit (loss) carried forward -€1,750
down €1,750 (-19.9%), from €8,779 to €7,029
- Gross operating margin -€9,531
down €9,531 (-28.5%), from €33,390 to €23,859
- Taxes -€3,063
down €3,063 (-28.7%), from €10,675 to €7,612
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 | €110,609 | €121,136 | +€10,527 | +9.5% |
| Current assets | 29/58 | €110,609 | €121,136 | +€10,527 | +9.5% |
| Amounts receivable within one year | 40/41 | €708 | €0 | -€708 | -100.0% |
| Trade receivables | 40 | €708 | €0 | -€708 | -100.0% |
| Other amounts receivable | 41 | €0 | - | = | |
| Current investments | 50/53 | €80,000 | €80,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €29,776 | €41,017 | +€11,241 | +37.8% |
| Deferred charges and accrued income | 490/1 | €125 | €119 | -€6 | -4.8% |
| Total equity and liabilities | 10/49 | €110,609 | €121,136 | +€10,527 | +9.5% |
| Equity | 10/15 | €97,290 | €111,439 | +€14,149 | +14.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €82,312 | €98,210 | +€15,899 | +19.3% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €80,312 | €96,210 | +€15,899 | +19.8% |
| Profit (loss) carried forward | 14 | €8,779 | €7,029 | -€1,750 | -19.9% |
| Amounts payable | 17/49 | €13,319 | €9,697 | -€3,622 | -27.2% |
| Amounts payable within one year | 42/48 | €13,319 | €9,697 | -€3,622 | -27.2% |
| Trade debts | 44 | - | €443 | +€443 | |
| Suppliers | 440/4 | - | €443 | +€443 | |
| Taxes, remuneration and social security | 45 | €6,234 | €3,188 | -€3,046 | -48.9% |
| Taxes | 450/3 | €6,234 | €3,188 | -€3,046 | -48.9% |
| Other amounts payable | 47/48 | €7,085 | €6,066 | -€1,019 | -14.4% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €33,390 | €23,859 | -€9,531 | -28.5% |
| Operating profit (loss) | 9901 | €33,003 | €23,459 | -€9,543 | -28.9% |
| Financial income | 75/76B | €332 | €405 | +€73 | +22.1% |
| Recurring financial income | 75 | €332 | €405 | +€73 | +22.1% |
| Financial charges | 65/66B | €111 | €353 | +€242 | +219.1% |
| Recurring financial charges | 65 | €111 | €353 | +€242 | +219.1% |
| Profit (loss) for the period before taxes | 9903 | €33,224 | €23,511 | -€9,713 | -29.2% |
| Income taxes | 67/77 | €10,675 | €7,612 | -€3,063 | -28.7% |
| Profit (loss) for the period | 9904 | €22,548 | €15,899 | -€6,650 | -29.5% |
| Profit (loss) for the period to be appropriated | 9905 | €22,548 | €15,899 | -€6,650 | -29.5% |
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 7 October 2026 via checked.be.