BAT-THISE-IMMO: 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-THISE-IMMO
Largest movements
- Tangible fixed assets -€7,400
down €7,400 (-33.3%), from €22,200 to €14,800
- Cash -€7,315
down €7,315 (-13.0%), from €56,178 to €48,863
mainly Net result for the year (-€15,446) and Debts after one year (-€6,625)
- Receivables within one year -€6,901
down €6,901 (-11.8%), from €58,470 to €51,569
of which Trade receivables: -€12,432
- Profit (loss) carried forward -€15,446
down €15,446, from €14,698 to -€748
- Debts after one year -€6,625
down €6,625 (-48.0%), from €13,802 to €7,177
- Turnover -€16,133
no longer reported in 2025 (was €16,133)
- Purchases and services -€10,787
down €10,787 (-60.9%), from €17,709 to €6,922
- Gross operating margin -€5,346
down €5,346 (-339%), from -€1,576 to -€6,922
- Financial charges -€425
down €425 (-31.7%), from €1,340 to €915
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 | €350,242 | €327,971 | -€22,271 | -6.4% |
| Fixed assets | 21/28 | €22,200 | €14,800 | -€7,400 | -33.3% |
| Tangible fixed assets | 22/27 | €22,200 | €14,800 | -€7,400 | -33.3% |
| Furniture and vehicles | 24 | €22,200 | €14,800 | -€7,400 | -33.3% |
| Current assets | 29/58 | €328,042 | €313,171 | -€14,871 | -4.5% |
| Stocks and contracts in progress | 3 | €212,163 | €212,163 | = | 0.0% |
| Stocks | 30/36 | €212,163 | €212,163 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €58,470 | €51,569 | -€6,901 | -11.8% |
| Trade receivables | 40 | €58,470 | €46,038 | -€12,432 | -21.3% |
| Other amounts receivable | 41 | - | €5,531 | +€5,531 | |
| Cash at bank and in hand | 54/58 | €56,178 | €48,863 | -€7,315 | -13.0% |
| Deferred charges and accrued income | 490/1 | €1,231 | €576 | -€655 | -53.2% |
| Total equity and liabilities | 10/49 | €350,242 | €327,971 | -€22,271 | -6.4% |
| Equity | 10/15 | €62,986 | €47,540 | -€15,446 | -24.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €29,688 | €29,688 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €27,828 | €27,828 | = | 0.0% |
| Profit (loss) carried forward | 14 | €14,698 | -€748 | -€15,446 | |
| Amounts payable | 17/49 | €287,256 | €280,431 | -€6,825 | -2.4% |
| Amounts payable after more than one year | 17 | €13,802 | €7,177 | -€6,625 | -48.0% |
| Financial debts | 170/4 | €13,802 | €7,177 | -€6,625 | -48.0% |
| Amounts payable within one year | 42/48 | €273,454 | €273,254 | -€200 | -0.1% |
| Current portion of amounts payable after more than one year | 42 | €6,625 | €6,625 | = | 0.0% |
| Trade debts | 44 | €48,648 | €48,467 | -€181 | -0.4% |
| Suppliers | 440/4 | €48,648 | €48,467 | -€181 | -0.4% |
| Other amounts payable | 47/48 | €218,181 | €218,162 | -€19 | 0.0% |
| Turnover | 70 | €16,133 | - | -€16,133 | |
| Goods, raw materials, services and sundry goods | 60/61 | €17,709 | €6,922 | -€10,787 | -60.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,400 | €7,400 | = | 0.0% |
| Other operating charges | 640/8 | €184 | €209 | +€25 | +13.6% |
| Gross operating margin | 9900 | -€1,576 | -€6,922 | -€5,346 | -339% |
| Operating profit (loss) | 9901 | -€9,160 | -€14,531 | -€5,371 | -58.6% |
| Financial charges | 65/66B | €1,340 | €915 | -€425 | -31.7% |
| Recurring financial charges | 65 | €1,340 | €915 | -€425 | -31.7% |
| Profit (loss) for the period before taxes | 9903 | -€10,500 | -€15,446 | -€4,946 | -47.1% |
| Profit (loss) for the period | 9904 | -€10,500 | -€15,446 | -€4,946 | -47.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€10,500 | -€15,446 | -€4,946 | -47.1% |
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 22 October 2026 via checked.be.