BAT LINE: 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.
BAT LINE
Largest movements
- Receivables within one year -€16,629
down €16,629 (-17.5%), from €95,000 to €78,371
of which Trade receivables: -€15,846
- Tangible fixed assets -€1,374
down €1,374 (-42.5%), from €3,233 to €1,859
of which Furniture and vehicles: -€1,132
- Trade debts -€14,224
down €14,224 (-52.8%), from €26,942 to €12,718
- Tax, wage and social debts -€3,360
down €3,360 (-43.0%), from €7,816 to €4,456
of which Taxes: -€3,434
- Profit (loss) carried forward +€1,296
up €1,296 (+2.4%), from €54,604 to €55,900
- Short-term financial debts -€1,255
no longer reported in 2025 (was €1,255)
- Gross operating margin -€7,723
down €7,723 (-62.2%), from €12,418 to €4,695
- Taxes -€2,139
down €2,139 (-83.0%), from €2,576 to €437
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 | €98,617 | €81,074 | -€17,543 | -17.8% |
| Fixed assets | 21/28 | €3,233 | €1,859 | -€1,374 | -42.5% |
| Tangible fixed assets | 22/27 | €3,233 | €1,859 | -€1,374 | -42.5% |
| Plant, machinery and equipment | 23 | €772 | €530 | -€242 | -31.3% |
| Furniture and vehicles | 24 | €2,461 | €1,329 | -€1,132 | -46.0% |
| Current assets | 29/58 | €95,384 | €79,215 | -€16,169 | -17.0% |
| Amounts receivable within one year | 40/41 | €95,000 | €78,371 | -€16,629 | -17.5% |
| Trade receivables | 40 | €62,066 | €46,220 | -€15,846 | -25.5% |
| Other amounts receivable | 41 | €32,934 | €32,151 | -€783 | -2.4% |
| Cash at bank and in hand | 54/58 | - | €313 | +€313 | |
| Deferred charges and accrued income | 490/1 | €384 | €531 | +€147 | +38.3% |
| Total equity and liabilities | 10/49 | €98,617 | €81,074 | -€17,543 | -17.8% |
| Equity | 10/15 | €62,604 | €63,900 | +€1,296 | +2.1% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Reserves | 13 | €7,900 | €7,900 | = | 0.0% |
| Non-distributable reserves | 130/1 | €7,900 | €7,900 | = | 0.0% |
| Reserves not available under the articles | 1311 | €7,900 | €7,900 | = | 0.0% |
| Profit (loss) carried forward | 14 | €54,604 | €55,900 | +€1,296 | +2.4% |
| Amounts payable | 17/49 | €36,013 | €17,174 | -€18,839 | -52.3% |
| Amounts payable within one year | 42/48 | €36,013 | €17,174 | -€18,839 | -52.3% |
| Financial debts | 43 | €1,255 | - | -€1,255 | |
| Credit institutions | 430/8 | €1,255 | - | -€1,255 | |
| Trade debts | 44 | €26,942 | €12,718 | -€14,224 | -52.8% |
| Suppliers | 440/4 | €26,942 | €12,718 | -€14,224 | -52.8% |
| Taxes, remuneration and social security | 45 | €7,816 | €4,456 | -€3,360 | -43.0% |
| Taxes | 450/3 | €6,602 | €3,168 | -€3,434 | -52.0% |
| Remuneration and social security | 454/9 | €1,214 | €1,288 | +€74 | +6.1% |
| Turnover | 70 | €169,137 | €168,276 | -€861 | -0.5% |
| Non-recurring operating income | 76A | - | €2,513 | +€2,513 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,176 | €1,374 | +€198 | +16.8% |
| Other operating charges | 640/8 | €154 | €1,078 | +€924 | +600.0% |
| Gross operating margin | 9900 | €12,418 | €4,695 | -€7,723 | -62.2% |
| Operating profit (loss) | 9901 | €11,088 | €2,243 | -€8,845 | -79.8% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €425 | €511 | +€86 | +20.2% |
| Recurring financial charges | 65 | €425 | €511 | +€86 | +20.2% |
| Profit (loss) for the period before taxes | 9903 | €10,663 | €1,733 | -€8,930 | -83.7% |
| Income taxes | 67/77 | €2,576 | €437 | -€2,139 | -83.0% |
| Profit (loss) for the period | 9904 | €8,087 | €1,296 | -€6,791 | -84.0% |
| Profit (loss) for the period to be appropriated | 9905 | €8,087 | €1,296 | -€6,791 | -84.0% |
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 6 October 2026 via checked.be.