BA-TE-CO: 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.
BA-TE-CO
Largest movements
- Receivables within one year +€2,503
up €2,503 (+13.3%), from €18,816 to €21,319
of which Other amounts receivable: +€3,326
- Cash +€710
up €710 (+53.9%), from €1,317 to €2,027
mainly Other debts (+€4,920) and Trade debts (+€1,577)
- Other debts +€4,920
up €4,920 (+47.7%), from €10,317 to €15,237
- Short-term financial debts -€3,161
no longer reported in 2025 (was €3,161)
- Trade debts +€1,577
up €1,577 (+3.7%), from €42,593 to €44,170
- Gross operating margin +€39,979
up €39,979, from -€35,653 to €4,326
- Taxes +€2,650
up €2,650, from -€168 to €2,482
- Other operating charges -€1,646
down €1,646 (-55.9%), from €2,943 to €1,297
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 | €26,041 | €29,242 | +€3,201 | +12.3% |
| Fixed assets | 21/28 | €4,904 | €4,904 | = | 0.0% |
| Tangible fixed assets | 22/27 | €4,500 | €4,500 | = | 0.0% |
| Furniture and vehicles | 24 | €4,500 | €4,500 | = | 0.0% |
| Financial fixed assets | 28 | €404 | €404 | = | 0.0% |
| Current assets | 29/58 | €21,137 | €24,338 | +€3,201 | +15.1% |
| Stocks and contracts in progress | 3 | €1,004 | €992 | -€12 | -1.2% |
| Stocks | 30/36 | €1,004 | €992 | -€12 | -1.2% |
| Amounts receivable within one year | 40/41 | €18,816 | €21,319 | +€2,503 | +13.3% |
| Trade receivables | 40 | €1,279 | €456 | -€823 | -64.3% |
| Other amounts receivable | 41 | €17,537 | €20,863 | +€3,326 | +19.0% |
| Cash at bank and in hand | 54/58 | €1,317 | €2,027 | +€710 | +53.9% |
| Total equity and liabilities | 10/49 | €26,041 | €29,242 | +€3,201 | +12.3% |
| Equity | 10/15 | -€30,030 | -€30,165 | -€135 | -0.4% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€50,481 | -€50,616 | -€135 | -0.3% |
| Amounts payable | 17/49 | €56,071 | €59,407 | +€3,336 | +5.9% |
| Amounts payable within one year | 42/48 | €56,071 | €59,407 | +€3,336 | +5.9% |
| Financial debts | 43 | €3,161 | - | -€3,161 | |
| Credit institutions | 430/8 | €3,161 | - | -€3,161 | |
| Trade debts | 44 | €42,593 | €44,170 | +€1,577 | +3.7% |
| Suppliers | 440/4 | €42,593 | €44,170 | +€1,577 | +3.7% |
| Other amounts payable | 47/48 | €10,317 | €15,237 | +€4,920 | +47.7% |
| Other operating charges | 640/8 | €2,943 | €1,297 | -€1,646 | -55.9% |
| Gross operating margin | 9900 | -€35,653 | €4,326 | +€39,979 | |
| Operating profit (loss) | 9901 | -€38,596 | €3,029 | +€41,625 | |
| Financial charges | 65/66B | €681 | €682 | +€1 | +0.1% |
| Recurring financial charges | 65 | €681 | €682 | +€1 | +0.1% |
| Profit (loss) for the period before taxes | 9903 | -€39,277 | €2,347 | +€41,624 | |
| Income taxes | 67/77 | -€168 | €2,482 | +€2,650 | |
| Profit (loss) for the period | 9904 | -€39,109 | -€135 | +€38,974 | +99.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€39,109 | -€135 | +€38,974 | +99.7% |
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.