BATASH: 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.
BATASH
Largest movements
- Cash -€120,394
down €120,394 (-40.8%), from €295,105 to €174,711
mainly Contributions, distributions and other (-€259,878) and Investment in fixed assets (net) (-€196,800)
- Tangible fixed assets +€107,181
up €107,181 (+54.1%), from €198,063 to €305,245
of which Land and buildings: +€116,292
- Receivables within one year -€11,176
down €11,176 (-32.5%), from €34,402 to €23,226
- Profit (loss) carried forward -€140,000
down €140,000 (-43.4%), from €322,271 to €182,271
- Other debts +€128,743
up €128,743 (+1832.1%), from €7,027 to €135,769
- Debts after one year -€23,751
down €23,751 (-19.9%), from €119,295 to €95,544
- Tax, wage and social debts +€20,086
up €20,086 (+44.5%), from €45,164 to €65,250
of which Remuneration and social security: +€24,454
- Current portion of long-term debt -€7,115
down €7,115 (-66.2%), from €10,740 to €3,625
- Gross operating margin +€157,745
up €157,745 (+46.0%), from €342,741 to €500,485
- Staff costs +€98,475
up €98,475 (+71.1%), from €138,483 to €236,958
- Depreciation +€44,759
up €44,759 (+99.8%), from €44,860 to €89,618
- Other operating charges +€5,783
up €5,783 (+70.6%), from €8,195 to €13,978
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 | €548,089 | €529,139 | -€18,950 | -3.5% |
| Fixed assets | 21/28 | €207,063 | €314,245 | +€107,181 | +51.8% |
| Tangible fixed assets | 22/27 | €198,063 | €305,245 | +€107,181 | +54.1% |
| Land and buildings | 22 | - | €116,292 | +€116,292 | |
| Plant, machinery and equipment | 23 | €8,546 | €5,610 | -€2,936 | -34.4% |
| Furniture and vehicles | 24 | €167,807 | €170,858 | +€3,051 | +1.8% |
| Leasing and similar rights | 25 | €21,710 | €12,485 | -€9,225 | -42.5% |
| Financial fixed assets | 28 | €9,000 | €9,000 | = | 0.0% |
| Current assets | 29/58 | €341,025 | €214,895 | -€126,131 | -37.0% |
| Amounts receivable within one year | 40/41 | €34,402 | €23,226 | -€11,176 | -32.5% |
| Trade receivables | 40 | €34,402 | €23,226 | -€11,176 | -32.5% |
| Cash at bank and in hand | 54/58 | €295,105 | €174,711 | -€120,394 | -40.8% |
| Deferred charges and accrued income | 490/1 | €11,518 | €16,958 | +€5,440 | +47.2% |
| Total equity and liabilities | 10/49 | €548,089 | €529,139 | -€18,950 | -3.5% |
| Equity | 10/15 | €340,271 | €200,271 | -€140,000 | -41.1% |
| Contributions | 10/11 | €18,000 | €18,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €322,271 | €182,271 | -€140,000 | -43.4% |
| Amounts payable | 17/49 | €207,818 | €328,868 | +€121,050 | +58.2% |
| Amounts payable after more than one year | 17 | €119,295 | €95,544 | -€23,751 | -19.9% |
| Financial debts | 170/4 | €119,295 | €95,544 | -€23,751 | -19.9% |
| Amounts payable within one year | 42/48 | €88,523 | €232,683 | +€144,160 | +162.9% |
| Current portion of amounts payable after more than one year | 42 | €10,740 | €3,625 | -€7,115 | -66.2% |
| Financial debts | 43 | €19,409 | €20,126 | +€717 | +3.7% |
| Credit institutions | 430/8 | €19,409 | €20,126 | +€717 | +3.7% |
| Trade debts | 44 | €6,182 | €7,912 | +€1,730 | +28.0% |
| Suppliers | 440/4 | €6,182 | €7,912 | +€1,730 | +28.0% |
| Taxes, remuneration and social security | 45 | €45,164 | €65,250 | +€20,086 | +44.5% |
| Taxes | 450/3 | €34,980 | €30,613 | -€4,367 | -12.5% |
| Remuneration and social security | 454/9 | €10,184 | €34,638 | +€24,454 | +240.1% |
| Other amounts payable | 47/48 | €7,027 | €135,769 | +€128,743 | +1832.1% |
| Accrued charges and deferred income | 492/3 | - | €641 | +€641 | |
| Remuneration, social security and pensions | 62 | €138,483 | €236,958 | +€98,475 | +71.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €44,860 | €89,618 | +€44,759 | +99.8% |
| Other operating charges | 640/8 | €8,195 | €13,978 | +€5,783 | +70.6% |
| Gross operating margin | 9900 | €342,741 | €500,485 | +€157,745 | +46.0% |
| Operating profit (loss) | 9901 | €151,203 | €159,931 | +€8,728 | +5.8% |
| Financial charges | 65/66B | €3,101 | €7,356 | +€4,255 | +137.2% |
| Recurring financial charges | 65 | €3,101 | €7,356 | +€4,255 | +137.2% |
| Profit (loss) for the period before taxes | 9903 | €148,102 | €152,575 | +€4,473 | +3.0% |
| Income taxes | 67/77 | €28,373 | €32,698 | +€4,325 | +15.2% |
| Profit (loss) for the period | 9904 | €119,729 | €119,878 | +€149 | +0.1% |
| Profit (loss) for the period to be appropriated | 9905 | €119,729 | €119,878 | +€149 | +0.1% |
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 28 September 2026 via checked.be.