BATALJON: 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.
BATALJON
Largest movements
- Current investments -€13,027
down €13,027 (-72.3%), from €18,027 to €5,000
- Cash -€9,408
down €9,408 (-34.7%), from €27,098 to €17,690
mainly Contributions, distributions and other (-€30,000) and Tax, wage and social debts (-€15,425)
- Receivables within one year -€2,498
down €2,498 (-11.4%), from €21,823 to €19,324
of which Trade receivables: -€3,562
- Tangible fixed assets -€2,002
down €2,002 (-46.0%), from €4,355 to €2,353
of which Other tangible fixed assets: -€1,220
- Tax, wage and social debts -€15,425
down €15,425 (-63.5%), from €24,286 to €8,861
- Debts after one year -€10,174
down €10,174 (-37.3%), from €27,283 to €17,109
- Other debts -€5,538
down €5,538 (-14.5%), from €38,253 to €32,715
- Reserves +€5,413
new in 2025: €5,413
- Gross operating margin -€2,631
down €2,631 (-4.6%), from €56,892 to €54,261
- Financial income +€1,552
up €1,552 (+461.4%), from €336 to €1,888
- Depreciation -€1,306
down €1,306 (-39.5%), from €3,308 to €2,002
- Other operating charges -€696
down €696 (-30.0%), from €2,325 to €1,628
- Taxes -€612
down €612 (-3.9%), from €15,657 to €15,044
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 | €121,380 | €95,509 | -€25,871 | -21.3% |
| Fixed assets | 21/28 | €54,432 | €52,430 | -€2,002 | -3.7% |
| Tangible fixed assets | 22/27 | €4,355 | €2,353 | -€2,002 | -46.0% |
| Plant, machinery and equipment | 23 | €782 | - | -€782 | |
| Furniture and vehicles | 24 | €0 | - | = | |
| Other tangible fixed assets | 26 | €3,573 | €2,353 | -€1,220 | -34.2% |
| Financial fixed assets | 28 | €50,077 | €50,077 | = | 0.0% |
| Current assets | 29/58 | €66,947 | €43,079 | -€23,869 | -35.7% |
| Amounts receivable within one year | 40/41 | €21,823 | €19,324 | -€2,498 | -11.4% |
| Trade receivables | 40 | €21,823 | €18,261 | -€3,562 | -16.3% |
| Other amounts receivable | 41 | - | €1,064 | +€1,064 | |
| Current investments | 50/53 | €18,027 | €5,000 | -€13,027 | -72.3% |
| Cash at bank and in hand | 54/58 | €27,098 | €17,690 | -€9,408 | -34.7% |
| Deferred charges and accrued income | 490/1 | - | €1,065 | +€1,065 | |
| Total equity and liabilities | 10/49 | €121,380 | €95,509 | -€25,871 | -21.3% |
| Equity | 10/15 | €18,600 | €24,013 | +€5,413 | +29.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | - | €5,413 | +€5,413 | |
| Distributable reserves | 133 | - | €5,413 | +€5,413 | |
| Amounts payable | 17/49 | €102,780 | €71,496 | -€31,284 | -30.4% |
| Amounts payable after more than one year | 17 | €27,283 | €17,109 | -€10,174 | -37.3% |
| Financial debts | 170/4 | €27,283 | €17,109 | -€10,174 | -37.3% |
| Amounts payable within one year | 42/48 | €74,558 | €53,008 | -€21,550 | -28.9% |
| Current portion of amounts payable after more than one year | 42 | €9,711 | €10,174 | +€463 | +4.8% |
| Trade debts | 44 | €2,307 | €1,258 | -€1,049 | -45.5% |
| Suppliers | 440/4 | €2,307 | €1,258 | -€1,049 | -45.5% |
| Taxes, remuneration and social security | 45 | €24,286 | €8,861 | -€15,425 | -63.5% |
| Taxes | 450/3 | €24,286 | €8,861 | -€15,425 | -63.5% |
| Other amounts payable | 47/48 | €38,253 | €32,715 | -€5,538 | -14.5% |
| Accrued charges and deferred income | 492/3 | €939 | €1,379 | +€440 | +46.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,308 | €2,002 | -€1,306 | -39.5% |
| Other operating charges | 640/8 | €2,325 | €1,628 | -€696 | -30.0% |
| Gross operating margin | 9900 | €56,892 | €54,261 | -€2,631 | -4.6% |
| Operating profit (loss) | 9901 | €51,259 | €50,630 | -€628 | -1.2% |
| Financial income | 75/76B | €336 | €1,888 | +€1,552 | +461.4% |
| Recurring financial income | 75 | €336 | €1,888 | +€1,552 | +461.4% |
| Financial charges | 65/66B | €2,098 | €2,061 | -€37 | -1.8% |
| Recurring financial charges | 65 | €2,098 | €2,061 | -€37 | -1.8% |
| Profit (loss) for the period before taxes | 9903 | €49,497 | €50,458 | +€961 | +1.9% |
| Income taxes | 67/77 | €15,657 | €15,044 | -€612 | -3.9% |
| Profit (loss) for the period | 9904 | €33,840 | €35,413 | +€1,573 | +4.6% |
| Profit (loss) for the period to be appropriated | 9905 | €33,840 | €35,413 | +€1,573 | +4.6% |
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 2 October 2026 via checked.be.