BAT GALIM: 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.
BAT GALIM
Largest movements
- Cash -€27,134
down €27,134 (-50.7%), from €53,467 to €26,334
mainly Debts after one year (-€447,580) and Investment in fixed assets (net) (-€23,536)
- Tangible fixed assets +€23,536
up €23,536 (+6.1%), from €385,942 to €409,479
of which Land and buildings: +€22,346
- Debts after one year -€447,580
no longer reported in 2025 (was €447,580)
- Current portion of long-term debt +€447,580
new in 2025: €447,580
- Financial income -€319
down €319 (-66.7%), from €479 to €159
- Other operating charges +€211
up €211 (+8.0%), from €2,639 to €2,851
- Financial charges +€125
up €125 (+1.5%), from €8,246 to €8,371
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 | €439,410 | €435,812 | -€3,597 | -0.8% |
| Fixed assets | 21/28 | €385,942 | €409,479 | +€23,536 | +6.1% |
| Tangible fixed assets | 22/27 | €385,942 | €409,479 | +€23,536 | +6.1% |
| Land and buildings | 22 | €385,942 | €408,289 | +€22,346 | +5.8% |
| Plant, machinery and equipment | 23 | - | €1,190 | +€1,190 | |
| Current assets | 29/58 | €53,467 | €26,334 | -€27,134 | -50.7% |
| Cash at bank and in hand | 54/58 | €53,467 | €26,334 | -€27,134 | -50.7% |
| Total equity and liabilities | 10/49 | €439,410 | €435,812 | -€3,597 | -0.8% |
| Equity | 10/15 | -€137,866 | -€137,874 | -€8 | 0.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€156,466 | -€156,474 | -€8 | 0.0% |
| Amounts payable | 17/49 | €577,276 | €573,687 | -€3,589 | -0.6% |
| Amounts payable after more than one year | 17 | €447,580 | - | -€447,580 | |
| Financial debts | 170/4 | €447,580 | - | -€447,580 | |
| Amounts payable within one year | 42/48 | €129,696 | €573,687 | +€443,991 | +342% |
| Current portion of amounts payable after more than one year | 42 | - | €447,580 | +€447,580 | |
| Trade debts | 44 | €6,739 | €3,894 | -€2,845 | -42.2% |
| Suppliers | 440/4 | €6,739 | €3,894 | -€2,845 | -42.2% |
| Other amounts payable | 47/48 | €122,957 | €122,212 | -€744 | -0.6% |
| Other operating charges | 640/8 | €2,639 | €2,851 | +€211 | +8.0% |
| Gross operating margin | 9900 | €11,090 | €11,054 | -€37 | -0.3% |
| Operating profit (loss) | 9901 | €8,451 | €8,203 | -€248 | -2.9% |
| Financial income | 75/76B | €479 | €159 | -€319 | -66.7% |
| Recurring financial income | 75 | €479 | €159 | -€319 | -66.7% |
| Financial charges | 65/66B | €8,246 | €8,371 | +€125 | +1.5% |
| Recurring financial charges | 65 | €8,246 | €8,371 | +€125 | +1.5% |
| Profit (loss) for the period before taxes | 9903 | €684 | -€8 | -€692 | |
| Profit (loss) for the period | 9904 | €684 | -€8 | -€692 | |
| Profit (loss) for the period to be appropriated | 9905 | €684 | -€8 | -€692 |
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 23 October 2026 via checked.be.