AK-BATI: 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.
AK-BATI
Largest movements
- Cash -€66,716
down €66,716 (-85.0%), from €78,504 to €11,788
mainly Accrued charges and deferred income (-€90,766) and Other debts (-€53,724)
- Tangible fixed assets -€48,566
down €48,566 (-9.9%), from €488,903 to €440,337
- Receivables within one year -€19,462
down €19,462 (-4.0%), from €488,555 to €469,092
of which Other amounts receivable: -€297,164
- Stocks and contracts +€13,495
up €13,495 (+116%), from €11,654 to €25,149
- Accrued charges and deferred income -€90,766
down €90,766 (-98.4%), from €92,244 to €1,477
- Other debts -€53,724
down €53,724 (-94.3%), from €57,000 to €3,276
- Debts after one year -€39,681
down €39,681 (-18.8%), from €211,168 to €171,487
- Trade debts +€28,782
up €28,782 (+68.5%), from €42,037 to €70,819
- Tax, wage and social debts +€21,494
up €21,494 (+311%), from €6,918 to €28,412
of which Taxes: +€26,304
- Gross operating margin -€110,679
down €110,679 (-39.1%), from €282,916 to €172,237
- Taxes -€36,001
down €36,001 (-70.4%), from €51,128 to €15,127
- Financial income -€18,580
down €18,580 (-97.8%), from €19,007 to €427
of which Financial income: -€18,580
- Staff costs +€7,996
up €7,996 (+11.5%), from €69,555 to €77,551
- Financial charges -€5,848
down €5,848 (-37.1%), from €15,753 to €9,905
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 | €1,075,358 | €957,044 | -€118,314 | -11.0% |
| Fixed assets | 21/28 | €490,781 | €443,922 | -€46,859 | -9.5% |
| Tangible fixed assets | 22/27 | €488,903 | €440,337 | -€48,566 | -9.9% |
| Land and buildings | 22 | €390,933 | €377,689 | -€13,244 | -3.4% |
| Plant, machinery and equipment | 23 | €18,773 | €11,218 | -€7,555 | -40.2% |
| Furniture and vehicles | 24 | €37,628 | €25,557 | -€12,071 | -32.1% |
| Leasing and similar rights | 25 | €41,568 | €25,873 | -€15,695 | -37.8% |
| Financial fixed assets | 28 | €1,879 | €3,585 | +€1,707 | +90.9% |
| Current assets | 29/58 | €584,577 | €513,122 | -€71,455 | -12.2% |
| Stocks and contracts in progress | 3 | €11,654 | €25,149 | +€13,495 | +116% |
| Stocks | 30/36 | €11,654 | €25,149 | +€13,495 | +116% |
| Amounts receivable within one year | 40/41 | €488,555 | €469,092 | -€19,462 | -4.0% |
| Trade receivables | 40 | €102,847 | €380,549 | +€277,702 | +270% |
| Other amounts receivable | 41 | €385,708 | €88,544 | -€297,164 | -77.0% |
| Cash at bank and in hand | 54/58 | €78,504 | €11,788 | -€66,716 | -85.0% |
| Deferred charges and accrued income | 490/1 | €5,863 | €7,092 | +€1,229 | +21.0% |
| Total equity and liabilities | 10/49 | €1,075,358 | €957,044 | -€118,314 | -11.0% |
| Equity | 10/15 | €603,601 | €619,120 | +€15,519 | +2.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €579,381 | €595,082 | +€15,701 | +2.7% |
| Tax-exempt reserves | 132 | €95,597 | €80,073 | -€15,524 | -16.2% |
| Distributable reserves | 133 | €483,784 | €515,009 | +€31,225 | +6.5% |
| Profit (loss) carried forward | 14 | €707 | €707 | = | 0.0% |
| Investment grants | 15 | €4,913 | €4,731 | -€182 | -3.7% |
| Provisions and deferred taxes | 16 | €23,899 | €20,018 | -€3,881 | -16.2% |
| Deferred taxes | 168 | €23,899 | €20,018 | -€3,881 | -16.2% |
| Amounts payable | 17/49 | €447,858 | €317,905 | -€129,952 | -29.0% |
| Amounts payable after more than one year | 17 | €211,168 | €171,487 | -€39,681 | -18.8% |
| Financial debts | 170/4 | €211,168 | €171,487 | -€39,681 | -18.8% |
| Amounts payable within one year | 42/48 | €144,446 | €144,942 | +€495 | +0.3% |
| Current portion of amounts payable after more than one year | 42 | €38,491 | €39,681 | +€1,190 | +3.1% |
| Financial debts | 43 | €0 | €2,754 | +€2,754 | |
| Credit institutions | 430/8 | €0 | €2,754 | +€2,754 | |
| Trade debts | 44 | €42,037 | €70,819 | +€28,782 | +68.5% |
| Suppliers | 440/4 | €42,037 | €70,819 | +€28,782 | +68.5% |
| Taxes, remuneration and social security | 45 | €6,918 | €28,412 | +€21,494 | +311% |
| Taxes | 450/3 | €2,108 | €28,412 | +€26,304 | +1,248% |
| Remuneration and social security | 454/9 | €4,811 | €0 | -€4,811 | -100% |
| Other amounts payable | 47/48 | €57,000 | €3,276 | -€53,724 | -94.3% |
| Accrued charges and deferred income | 492/3 | €92,244 | €1,477 | -€90,766 | -98.4% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €69,555 | €77,551 | +€7,996 | +11.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €52,801 | €49,605 | -€3,196 | -6.1% |
| Other operating charges | 640/8 | €9,682 | €8,655 | -€1,027 | -10.6% |
| Non-recurring operating charges | 66A | €4,531 | €0 | -€4,531 | -100% |
| Gross operating margin | 9900 | €282,916 | €172,237 | -€110,679 | -39.1% |
| Operating profit (loss) | 9901 | €146,347 | €36,426 | -€109,921 | -75.1% |
| Financial income | 75/76B | €19,007 | €427 | -€18,580 | -97.8% |
| Recurring financial income | 75 | €19,007 | €427 | -€18,580 | -97.8% |
| Non-recurring financial income | 76B | €0 | - | = | |
| Financial charges | 65/66B | €15,753 | €9,905 | -€5,848 | -37.1% |
| Recurring financial charges | 65 | €15,753 | €9,905 | -€5,848 | -37.1% |
| Profit (loss) for the period before taxes | 9903 | €149,600 | €26,947 | -€122,653 | -82.0% |
| Transfer from deferred taxes | 780 | €3,881 | €3,881 | = | 0.0% |
| Income taxes | 67/77 | €51,128 | €15,127 | -€36,001 | -70.4% |
| Profit (loss) for the period | 9904 | €102,354 | €15,701 | -€86,653 | -84.7% |
| Transfer from tax-exempt reserves | 789 | €15,524 | €15,524 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €117,878 | €31,225 | -€86,653 | -73.5% |
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 20 October 2026 via checked.be.