BATESPOIR: 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.
BATESPOIR
Largest movements
- Cash +€56,724
up €56,724 (+65.2%), from €87,008 to €143,732
mainly Net result for the year (+€71,287) and Receivables within one year (+€37,843)
- Receivables within one year -€37,843
down €37,843 (-60.9%), from €62,161 to €24,317
of which Trade receivables: -€58,006
- Tangible fixed assets -€12,578
down €12,578 (-15.5%), from €81,292 to €68,714
of which Leasing and similar rights: -€7,550
- Financial fixed assets -€11,000
down €11,000 (-25.5%), from €43,114 to €32,114
- Trade debts +€36,960
up €36,960 (+30.5%), from €121,267 to €158,227
- Other debts -€34,955
down €34,955 (-99.7%), from €35,043 to €88
- Debts after one year -€8,248
down €8,248 (-31.5%), from €26,154 to €17,907
- Profit (loss) carried forward +€4,287
up €4,287 (+5.7%), from €75,716 to €80,003
- Purchases and services -€478,144
down €478,144 (-17.4%), from €2.8m to €2.3m
- Turnover -€352,116
down €352,116 (-11.8%), from €3.0m to €2.6m
- Gross operating margin +€127,171
up €127,171 (+53.9%), from €236,024 to €363,196
- Staff costs +€45,774
up €45,774 (+61.9%), from €73,963 to €119,738
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 | €341,665 | €339,625 | -€2,039 | -0.6% |
| Fixed assets | 21/28 | €124,406 | €100,828 | -€23,578 | -19.0% |
| Tangible fixed assets | 22/27 | €81,292 | €68,714 | -€12,578 | -15.5% |
| Land and buildings | 22 | €2,292 | €1,792 | -€500 | -21.8% |
| Plant, machinery and equipment | 23 | €34,727 | €33,590 | -€1,136 | -3.3% |
| Furniture and vehicles | 24 | €16,651 | €13,260 | -€3,391 | -20.4% |
| Leasing and similar rights | 25 | €27,622 | €20,072 | -€7,550 | -27.3% |
| Financial fixed assets | 28 | €43,114 | €32,114 | -€11,000 | -25.5% |
| Current assets | 29/58 | €217,258 | €238,797 | +€21,539 | +9.9% |
| Stocks and contracts in progress | 3 | €66,450 | €67,200 | +€750 | +1.1% |
| Stocks | 30/36 | €66,450 | €67,200 | +€750 | +1.1% |
| Amounts receivable within one year | 40/41 | €62,161 | €24,317 | -€37,843 | -60.9% |
| Trade receivables | 40 | €62,156 | €4,150 | -€58,006 | -93.3% |
| Other amounts receivable | 41 | €5 | €20,168 | +€20,163 | +401648.8% |
| Cash at bank and in hand | 54/58 | €87,008 | €143,732 | +€56,724 | +65.2% |
| Deferred charges and accrued income | 490/1 | €1,640 | €3,548 | +€1,907 | +116.3% |
| Total equity and liabilities | 10/49 | €341,665 | €339,625 | -€2,039 | -0.6% |
| Equity | 10/15 | €94,723 | €99,010 | +€4,287 | +4.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €407 | €407 | = | 0.0% |
| Distributable reserves | 133 | €407 | €407 | = | 0.0% |
| Profit (loss) carried forward | 14 | €75,716 | €80,003 | +€4,287 | +5.7% |
| Amounts payable | 17/49 | €246,941 | €240,615 | -€6,326 | -2.6% |
| Amounts payable after more than one year | 17 | €26,154 | €17,907 | -€8,248 | -31.5% |
| Financial debts | 170/4 | €26,154 | €17,907 | -€8,248 | -31.5% |
| Amounts payable within one year | 42/48 | €220,787 | €222,708 | +€1,922 | +0.9% |
| Current portion of amounts payable after more than one year | 42 | €7,942 | €11,198 | +€3,255 | +41.0% |
| Trade debts | 44 | €121,267 | €158,227 | +€36,960 | +30.5% |
| Suppliers | 440/4 | €121,267 | €158,227 | +€36,960 | +30.5% |
| Taxes, remuneration and social security | 45 | €56,534 | €53,195 | -€3,338 | -5.9% |
| Taxes | 450/3 | €47,619 | €21,321 | -€26,298 | -55.2% |
| Remuneration and social security | 454/9 | €8,914 | €31,875 | +€22,960 | +257.6% |
| Other amounts payable | 47/48 | €35,043 | €88 | -€34,955 | -99.7% |
| Turnover | 70 | €2,985,585 | €2,633,469 | -€352,116 | -11.8% |
| Non-recurring operating income | 76A | €5,357 | €6,500 | +€1,143 | +21.3% |
| Goods, raw materials, services and sundry goods | 60/61 | €2,754,918 | €2,276,774 | -€478,144 | -17.4% |
| Remuneration, social security and pensions | 62 | €73,963 | €119,738 | +€45,774 | +61.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,694 | €30,467 | +€2,774 | +10.0% |
| Other operating charges | 640/8 | €71,829 | €93,101 | +€21,272 | +29.6% |
| Gross operating margin | 9900 | €236,024 | €363,196 | +€127,171 | +53.9% |
| Operating profit (loss) | 9901 | €62,538 | €119,890 | +€57,352 | +91.7% |
| Financial charges | 65/66B | €6,141 | €17,483 | +€11,342 | +184.7% |
| Recurring financial charges | 65 | €6,141 | €6,483 | +€342 | +5.6% |
| Non-recurring financial charges | 66B | - | €11,000 | +€11,000 | |
| Profit (loss) for the period before taxes | 9903 | €56,396 | €102,407 | +€46,010 | +81.6% |
| Income taxes | 67/77 | €17,340 | €31,120 | +€13,780 | +79.5% |
| Profit (loss) for the period | 9904 | €39,057 | €71,287 | +€32,230 | +82.5% |
| Profit (loss) for the period to be appropriated | 9905 | €39,057 | €71,287 | +€32,230 | +82.5% |
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 12 October 2026 via checked.be.