BATCO: 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.
BATCO
Largest movements
- Receivables within one year +€33,086
up €33,086 (+12.4%), from €267,037 to €300,123
of which Other amounts receivable: +€33,086
- Current portion of long-term debt +€195,762
new in 2025: €195,762
- Other debts -€146,498
down €146,498 (-34.5%), from €425,103 to €278,605
- Profit (loss) carried forward -€14,524
down €14,524 (-5.6%), from -€258,578 to -€273,102
- Financial charges -€18,024
down €18,024 (-61.4%), from €29,332 to €11,308
- Gross operating margin +€5,718
up €5,718 (+69.8%), from -€8,189 to -€2,471
- Other operating charges -€180
down €180 (-19.4%), from €925 to €745
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 | €666,721 | €699,813 | +€33,093 | +5.0% |
| Fixed assets | 21/28 | €330 | €330 | = | 0.0% |
| Financial fixed assets | 28 | €330 | €330 | = | 0.0% |
| Current assets | 29/58 | €666,391 | €699,483 | +€33,093 | +5.0% |
| Stocks and contracts in progress | 3 | €387,805 | €387,805 | = | 0.0% |
| Stocks | 30/36 | €387,805 | €387,805 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €267,037 | €300,123 | +€33,086 | +12.4% |
| Trade receivables | 40 | €6,414 | €6,414 | = | 0.0% |
| Other amounts receivable | 41 | €260,623 | €293,709 | +€33,086 | +12.7% |
| Cash at bank and in hand | 54/58 | €111 | €117 | +€7 | +6.0% |
| Deferred charges and accrued income | 490/1 | €11,438 | €11,438 | = | 0.0% |
| Total equity and liabilities | 10/49 | €666,721 | €699,813 | +€33,093 | +5.0% |
| Equity | 10/15 | -€190,378 | -€204,902 | -€14,524 | -7.6% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€258,578 | -€273,102 | -€14,524 | -5.6% |
| Amounts payable | 17/49 | €857,099 | €904,715 | +€47,616 | +5.6% |
| Amounts payable within one year | 42/48 | €548,458 | €596,074 | +€47,616 | +8.7% |
| Current portion of amounts payable after more than one year | 42 | - | €195,762 | +€195,762 | |
| Financial debts | 43 | €29,995 | €27,996 | -€2,000 | -6.7% |
| Credit institutions | 430/8 | €29,995 | €27,996 | -€2,000 | -6.7% |
| Trade debts | 44 | €93,359 | €93,711 | +€352 | +0.4% |
| Suppliers | 440/4 | €93,359 | €93,711 | +€352 | +0.4% |
| Other amounts payable | 47/48 | €425,103 | €278,605 | -€146,498 | -34.5% |
| Accrued charges and deferred income | 492/3 | €308,641 | €308,641 | = | 0.0% |
| Other operating charges | 640/8 | €925 | €745 | -€180 | -19.4% |
| Gross operating margin | 9900 | -€8,189 | -€2,471 | +€5,718 | +69.8% |
| Operating profit (loss) | 9901 | -€9,114 | -€3,216 | +€5,898 | +64.7% |
| Financial charges | 65/66B | €29,332 | €11,308 | -€18,024 | -61.4% |
| Recurring financial charges | 65 | €29,332 | €11,308 | -€18,024 | -61.4% |
| Profit (loss) for the period before taxes | 9903 | -€38,446 | -€14,524 | +€23,922 | +62.2% |
| Profit (loss) for the period | 9904 | -€38,446 | -€14,524 | +€23,922 | +62.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€38,446 | -€14,524 | +€23,922 | +62.2% |
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.