THE BOTANIST: 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.
THE BOTANIST
Largest movements
- Tangible fixed assets -€41,451
down €41,451 (-6.5%), from €638,514 to €597,064
of which Other tangible fixed assets: -€23,433
- Cash +€16,146
up €16,146 (+181%), from €8,898 to €25,044
mainly Depreciation (+€50,540) and Trade debts (+€16,930)
- Debts after one year -€22,010
down €22,010 (-12.4%), from €177,727 to €155,716
- Trade debts +€16,930
up €16,930 (+182%), from €9,306 to €26,236
- Profit (loss) carried forward -€11,469
new in 2025: -€11,469
- Gross operating margin -€7,518
down €7,518 (-12.7%), from €59,009 to €51,492
- Other operating charges +€5,218
up €5,218 (+336%), from €1,551 to €6,769
- Depreciation -€1,710
down €1,710 (-3.3%), from €52,250 to €50,540
- Financial charges +€934
up €934 (+10.1%), from €9,235 to €10,169
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 | €768,276 | €749,998 | -€18,278 | -2.4% |
| Fixed assets | 21/28 | €638,514 | €597,064 | -€41,451 | -6.5% |
| Tangible fixed assets | 22/27 | €638,514 | €597,064 | -€41,451 | -6.5% |
| Land and buildings | 22 | €528,559 | €506,423 | -€22,136 | -4.2% |
| Plant, machinery and equipment | 23 | €8,029 | €8,445 | +€416 | +5.2% |
| Furniture and vehicles | 24 | €3,222 | €6,924 | +€3,702 | +115% |
| Other tangible fixed assets | 26 | €98,705 | €75,271 | -€23,433 | -23.7% |
| Current assets | 29/58 | €129,761 | €152,934 | +€23,173 | +17.9% |
| Amounts receivable after more than one year | 29 | €50,500 | €50,500 | = | 0.0% |
| Other amounts receivable | 291 | €50,500 | €50,500 | = | 0.0% |
| Stocks and contracts in progress | 3 | €10,000 | €10,165 | +€165 | +1.7% |
| Stocks | 30/36 | €10,000 | €10,165 | +€165 | +1.7% |
| Amounts receivable within one year | 40/41 | €59,279 | €65,475 | +€6,196 | +10.5% |
| Trade receivables | 40 | €0 | €3,403 | +€3,403 | |
| Other amounts receivable | 41 | €59,279 | €62,072 | +€2,793 | +4.7% |
| Cash at bank and in hand | 54/58 | €8,898 | €25,044 | +€16,146 | +181% |
| Deferred charges and accrued income | 490/1 | €1,084 | €1,750 | +€666 | +61.4% |
| Total equity and liabilities | 10/49 | €768,276 | €749,998 | -€18,278 | -2.4% |
| Equity | 10/15 | €564,265 | €552,796 | -€11,469 | -2.0% |
| Contributions | 10/11 | €561,959 | €561,959 | = | 0.0% |
| Reserves | 13 | €2,307 | €2,307 | = | 0.0% |
| Distributable reserves | 133 | €2,307 | €2,307 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€11,469 | -€11,469 | |
| Amounts payable | 17/49 | €204,010 | €197,201 | -€6,809 | -3.3% |
| Amounts payable after more than one year | 17 | €177,727 | €155,716 | -€22,010 | -12.4% |
| Financial debts | 170/4 | €177,727 | €155,716 | -€22,010 | -12.4% |
| Amounts payable within one year | 42/48 | €24,792 | €38,335 | +€13,543 | +54.6% |
| Current portion of amounts payable after more than one year | 42 | €11,697 | €12,010 | +€314 | +2.7% |
| Trade debts | 44 | €9,306 | €26,236 | +€16,930 | +182% |
| Suppliers | 440/4 | €9,306 | €26,236 | +€16,930 | +182% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €3,789 | €89 | -€3,700 | -97.7% |
| Taxes | 450/3 | €3,789 | €89 | -€3,700 | -97.7% |
| Accrued charges and deferred income | 492/3 | €1,492 | €3,150 | +€1,658 | +111% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €52,250 | €50,540 | -€1,710 | -3.3% |
| Other operating charges | 640/8 | €1,551 | €6,769 | +€5,218 | +336% |
| Gross operating margin | 9900 | €59,009 | €51,492 | -€7,518 | -12.7% |
| Operating profit (loss) | 9901 | €5,208 | -€5,818 | -€11,026 | |
| Financial income | 75/76B | €4,266 | €4,585 | +€319 | +7.5% |
| Recurring financial income | 75 | €4,266 | €4,585 | +€319 | +7.5% |
| Financial charges | 65/66B | €9,235 | €10,169 | +€934 | +10.1% |
| Recurring financial charges | 65 | €9,235 | €10,169 | +€934 | +10.1% |
| Profit (loss) for the period before taxes | 9903 | €239 | -€11,402 | -€11,641 | |
| Income taxes | 67/77 | €22 | €67 | +€45 | +209% |
| Profit (loss) for the period | 9904 | €217 | -€11,469 | -€11,686 | |
| Profit (loss) for the period to be appropriated | 9905 | €217 | -€11,469 | -€11,686 |
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 30 October 2026 via checked.be.