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Batelex: 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.

What changed

Batelex

BE 0656.665.254
NACE 43.211, General electrical installation work
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€1,155
2024 · €20,181-€19,027
Equity
€37,915
2024 · €36,761+€1,155
Cash
€16,425
2024 · €6,066+€10,359
Balance sheet total
€76,834
2024 · €57,784+€19,050

Largest movements

2024 to 2025
Assets
  • Receivables within one year +€11,313

    up €11,313 (+25.1%), from €45,009 to €56,322

    of which Trade receivables: +€25,220

  • Cash +€10,359

    up €10,359 (+170.8%), from €6,066 to €16,425

    mainly Trade debts (+€28,164) and Depreciation (+€1,982)

  • Deferred charges and accrued income -€1,384

    down €1,384 (-58.8%), from €2,353 to €969

  • Tangible fixed assets -€1,237

    down €1,237 (-41.8%), from €2,956 to €1,719

    of which Furniture and vehicles: -€1,031

Equity and liabilities
  • Trade debts +€28,164

    up €28,164 (+404.7%), from €6,959 to €35,122

  • Other debts -€9,658

    down €9,658 (-83.2%), from €11,607 to €1,949

  • Profit (loss) carried forward +€1,155

    up €1,155 (+3.2%), from €35,761 to €36,915

Income statement
  • Gross operating margin -€10,298

    down €10,298, from €5,233 to -€5,065

  • Financial income -€4,686

    down €4,686 (-23.3%), from €20,116 to €15,430

  • Other operating charges +€3,026

    up €3,026 (+576.2%), from €525 to €3,552

  • Financial charges +€1,836

    up €1,836 (+109.7%), from €1,673 to €3,510

  • Depreciation -€575

    down €575 (-22.5%), from €2,556 to €1,982

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €20,181
Gross operating margin -€10,298
Depreciation +€575
Other operating charges -€3,026
Financial income -€4,686
Financial charges -€1,836
Taxes +€245
Result 2025 €1,155

Cash bridge derived

cash 2024 to 2025

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.

From operations +€11,104
Investment -€745
Financing €0
Cash 2024 €6,066
Net result for the year +€1,155
Depreciation +€1,982
Receivables within one year -€11,313
Deferred charges and accrued income +€1,384
Trade debts +€28,164
Tax, wage and social debts -€610
Other debts -€9,658
Investment in fixed assets (net) -€745
Cash 2025 €16,425
Every line side by side 36 lines
Line Code 2024 2025 Change %
Total assets 20/58 €57,784 €76,834 +€19,050 +33.0%
Fixed assets 21/28 €4,356 €3,119 -€1,237 -28.4%
Tangible fixed assets 22/27 €2,956 €1,719 -€1,237 -41.8%
Plant, machinery and equipment 23 €426 €220 -€206 -48.4%
Furniture and vehicles 24 €2,530 €1,499 -€1,031 -40.7%
Financial fixed assets 28 €1,400 €1,400 = 0.0%
Current assets 29/58 €53,428 €73,716 +€20,287 +38.0%
Amounts receivable within one year 40/41 €45,009 €56,322 +€11,313 +25.1%
Trade receivables 40 €29,079 €54,299 +€25,220 +86.7%
Other amounts receivable 41 €15,930 €2,022 -€13,907 -87.3%
Cash at bank and in hand 54/58 €6,066 €16,425 +€10,359 +170.8%
Deferred charges and accrued income 490/1 €2,353 €969 -€1,384 -58.8%
Total equity and liabilities 10/49 €57,784 €76,834 +€19,050 +33.0%
Equity 10/15 €36,761 €37,915 +€1,155 +3.1%
Contributions 10/11 €1,000 €1,000 = 0.0%
Profit (loss) carried forward 14 €35,761 €36,915 +€1,155 +3.2%
Amounts payable 17/49 €21,024 €38,919 +€17,895 +85.1%
Amounts payable within one year 42/48 €21,024 €38,919 +€17,895 +85.1%
Trade debts 44 €6,959 €35,122 +€28,164 +404.7%
Suppliers 440/4 €6,959 €35,122 +€28,164 +404.7%
Taxes, remuneration and social security 45 €2,458 €1,848 -€610 -24.8%
Taxes 450/3 €628 €0 -€628 -100.0%
Remuneration and social security 454/9 €1,830 €1,848 +€18 +1.0%
Other amounts payable 47/48 €11,607 €1,949 -€9,658 -83.2%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €2,556 €1,982 -€575 -22.5%
Other operating charges 640/8 €525 €3,552 +€3,026 +576.2%
Gross operating margin 9900 €5,233 -€5,065 -€10,298
Operating profit (loss) 9901 €2,152 -€10,598 -€12,750
Financial income 75/76B €20,116 €15,430 -€4,686 -23.3%
Recurring financial income 75 €20,116 €15,430 -€4,686 -23.3%
Financial charges 65/66B €1,673 €3,510 +€1,836 +109.7%
Recurring financial charges 65 €1,673 €3,510 +€1,836 +109.7%
Profit (loss) for the period before taxes 9903 €20,595 €1,323 -€19,272 -93.6%
Income taxes 67/77 €413 €168 -€245 -59.4%
Profit (loss) for the period 9904 €20,181 €1,155 -€19,027 -94.3%
Profit (loss) for the period to be appropriated 9905 €20,181 €1,155 -€19,027 -94.3%

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 30 September 2026 via checked.be.