BATEQ: 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.
BATEQ
Largest movements
- Tangible fixed assets -€24,495
down €24,495 (-40.0%), from €61,162 to €36,667
of which Furniture and vehicles: -€24,482
- Cash +€14,957
up €14,957 (+466.8%), from €3,204 to €18,161
mainly Tax, wage and social debts (+€48,976) and Trade debts (+€30,018)
- Receivables within one year -€14,381
down €14,381 (-7.4%), from €193,551 to €179,170
of which Other amounts receivable: -€15,177
- Deferred charges and accrued income -€4,893
down €4,893 (-67.1%), from €7,294 to €2,401
- Profit (loss) carried forward -€100,352
down €100,352, from €79,829 to -€20,523
- Tax, wage and social debts +€48,976
up €48,976 (+98.3%), from €49,802 to €98,778
- Trade debts +€30,018
up €30,018 (+43.3%), from €69,354 to €99,373
- Debts after one year -€17,941
down €17,941 (-44.7%), from €40,170 to €22,229
- Contributions +€9,920
up €9,920 (+114.3%), from €8,680 to €18,600
- Other operating charges +€49,109
up €49,109 (+2121.3%), from €2,315 to €51,424
- Gross operating margin -€44,386
down €44,386 (-39.9%), from €111,111 to €66,726
- Taxes +€36,023
up €36,023 (+89.3%), from €40,354 to €76,377
- Financial charges -€9,780
down €9,780 (-29.7%), from €32,885 to €23,105
- Depreciation +€7,955
up €7,955 (+59.2%), from €13,427 to €21,382
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 | €265,211 | €236,398 | -€28,813 | -10.9% |
| Fixed assets | 21/28 | €61,162 | €36,667 | -€24,495 | -40.0% |
| Tangible fixed assets | 22/27 | €61,162 | €36,667 | -€24,495 | -40.0% |
| Plant, machinery and equipment | 23 | €13 | - | -€13 | |
| Furniture and vehicles | 24 | €61,149 | €36,667 | -€24,482 | -40.0% |
| Current assets | 29/58 | €204,050 | €199,732 | -€4,318 | -2.1% |
| Amounts receivable within one year | 40/41 | €193,551 | €179,170 | -€14,381 | -7.4% |
| Trade receivables | 40 | €93,198 | €93,994 | +€796 | +0.9% |
| Other amounts receivable | 41 | €100,354 | €85,176 | -€15,177 | -15.1% |
| Cash at bank and in hand | 54/58 | €3,204 | €18,161 | +€14,957 | +466.8% |
| Deferred charges and accrued income | 490/1 | €7,294 | €2,401 | -€4,893 | -67.1% |
| Total equity and liabilities | 10/49 | €265,211 | €236,398 | -€28,813 | -10.9% |
| Equity | 10/15 | €88,509 | -€1,923 | -€90,432 | |
| Contributions | 10/11 | €8,680 | €18,600 | +€9,920 | +114.3% |
| Profit (loss) carried forward | 14 | €79,829 | -€20,523 | -€100,352 | |
| Amounts payable | 17/49 | €176,702 | €238,321 | +€61,619 | +34.9% |
| Amounts payable after more than one year | 17 | €40,170 | €22,229 | -€17,941 | -44.7% |
| Financial debts | 170/4 | €40,170 | €22,229 | -€17,941 | -44.7% |
| Amounts payable within one year | 42/48 | €136,532 | €216,092 | +€79,560 | +58.3% |
| Current portion of amounts payable after more than one year | 42 | €17,375 | €17,941 | +€566 | +3.3% |
| Trade debts | 44 | €69,354 | €99,373 | +€30,018 | +43.3% |
| Suppliers | 440/4 | €69,354 | €99,373 | +€30,018 | +43.3% |
| Taxes, remuneration and social security | 45 | €49,802 | €98,778 | +€48,976 | +98.3% |
| Taxes | 450/3 | €49,802 | €98,778 | +€48,976 | +98.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,427 | €21,382 | +€7,955 | +59.2% |
| Other operating charges | 640/8 | €2,315 | €51,424 | +€49,109 | +2121.3% |
| Gross operating margin | 9900 | €111,111 | €66,726 | -€44,386 | -39.9% |
| Operating profit (loss) | 9901 | €95,369 | -€6,081 | -€101,450 | |
| Financial income | 75/76B | €6 | €5,211 | +€5,205 | +89124.3% |
| Recurring financial income | 75 | €6 | €5,211 | +€5,205 | +89124.3% |
| Financial charges | 65/66B | €32,885 | €23,105 | -€9,780 | -29.7% |
| Recurring financial charges | 65 | €32,885 | €23,105 | -€9,780 | -29.7% |
| Profit (loss) for the period before taxes | 9903 | €62,489 | -€23,975 | -€86,464 | |
| Income taxes | 67/77 | €40,354 | €76,377 | +€36,023 | +89.3% |
| Profit (loss) for the period | 9904 | €22,136 | -€100,352 | -€122,488 | |
| Profit (loss) for the period to be appropriated | 9905 | €22,136 | -€100,352 | -€122,488 |
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 11 October 2026 via checked.be.