BATEXPRESS: 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.
BATEXPRESS
Largest movements
- Financial fixed assets +€18,150
up €18,150 (+10,371%), from €175 to €18,325
- Receivables within one year -€16,668
down €16,668 (-36.7%), from €45,463 to €28,795
of which Trade receivables: -€20,026
- Tangible fixed assets -€9,417
down €9,417 (-15.3%), from €61,469 to €52,052
of which Furniture and vehicles: -€10,750
- Cash +€5,720
up €5,720 (+2,487%), from €230 to €5,950
mainly Receivables within one year (+€16,668) and Depreciation (+€16,326)
- Deferred charges and accrued income -€1,790
down €1,790 (-90.0%), from €1,990 to €200
- Tax, wage and social debts -€14,131
down €14,131 (-52.3%), from €27,036 to €12,905
of which Taxes: -€22,678
- Trade debts +€9,144
up €9,144 (+3,329%), from €275 to €9,419
- Short-term financial debts -€2,168
no longer reported in 2025 (was €2,168)
- Profit (loss) carried forward +€1,956
up €1,956 (+3.6%), from €53,662 to €55,618
- Other debts +€1,194
up €1,194 (+58.0%), from €2,060 to €3,255
- Turnover -€348,536
no longer reported in 2025 (was €348,536)
- Purchases and services -€253,121
no longer reported in 2025 (was €253,121)
- Staff costs +€34,493
up €34,493 (+269%), from €12,829 to €47,323
- Gross operating margin -€27,838
down €27,838 (-29.2%), from €95,415 to €67,577
- Taxes -€15,717
down €15,717 (-94.0%), from €16,717 to €1,000
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.
Derived cash bridge
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 | €109,327 | €105,322 | -€4,005 | -3.7% |
| Fixed assets | 21/28 | €61,644 | €70,377 | +€8,733 | +14.2% |
| Tangible fixed assets | 22/27 | €61,469 | €52,052 | -€9,417 | -15.3% |
| Plant, machinery and equipment | 23 | €412 | €5,166 | +€4,754 | +1,153% |
| Furniture and vehicles | 24 | €41,863 | €31,113 | -€10,750 | -25.7% |
| Other tangible fixed assets | 26 | €19,193 | €15,773 | -€3,420 | -17.8% |
| Financial fixed assets | 28 | €175 | €18,325 | +€18,150 | +10,371% |
| Current assets | 29/58 | €47,683 | €34,945 | -€12,738 | -26.7% |
| Amounts receivable within one year | 40/41 | €45,463 | €28,795 | -€16,668 | -36.7% |
| Trade receivables | 40 | €45,463 | €25,437 | -€20,026 | -44.0% |
| Other amounts receivable | 41 | - | €3,358 | +€3,358 | |
| Cash at bank and in hand | 54/58 | €230 | €5,950 | +€5,720 | +2,487% |
| Deferred charges and accrued income | 490/1 | €1,990 | €200 | -€1,790 | -90.0% |
| Total equity and liabilities | 10/49 | €109,327 | €105,322 | -€4,005 | -3.7% |
| Equity | 10/15 | €77,788 | €79,744 | +€1,956 | +2.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €5,526 | €5,526 | = | 0.0% |
| Non-distributable reserves | 130/1 | €5,526 | €5,526 | = | 0.0% |
| Reserves not available under the articles | 1311 | €5,526 | €5,526 | = | 0.0% |
| Profit (loss) carried forward | 14 | €53,662 | €55,618 | +€1,956 | +3.6% |
| Amounts payable | 17/49 | €31,539 | €25,578 | -€5,960 | -18.9% |
| Amounts payable within one year | 42/48 | €31,539 | €25,578 | -€5,960 | -18.9% |
| Financial debts | 43 | €2,168 | - | -€2,168 | |
| Credit institutions | 430/8 | €2,168 | - | -€2,168 | |
| Trade debts | 44 | €275 | €9,419 | +€9,144 | +3,329% |
| Suppliers | 440/4 | €275 | €9,419 | +€9,144 | +3,329% |
| Taxes, remuneration and social security | 45 | €27,036 | €12,905 | -€14,131 | -52.3% |
| Taxes | 450/3 | €23,678 | €1,000 | -€22,678 | -95.8% |
| Remuneration and social security | 454/9 | €3,358 | €11,905 | +€8,547 | +255% |
| Other amounts payable | 47/48 | €2,060 | €3,255 | +€1,194 | +58.0% |
| Turnover | 70 | €348,536 | - | -€348,536 | |
| Goods, raw materials, services and sundry goods | 60/61 | €253,121 | - | -€253,121 | |
| Remuneration, social security and pensions | 62 | €12,829 | €47,323 | +€34,493 | +269% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,794 | €16,326 | +€1,533 | +10.4% |
| Other operating charges | 640/8 | €421 | €384 | -€38 | -8.9% |
| Gross operating margin | 9900 | €95,415 | €67,577 | -€27,838 | -29.2% |
| Operating profit (loss) | 9901 | €67,370 | €3,544 | -€63,827 | -94.7% |
| Financial income | 75/76B | - | €100 | +€100 | |
| Recurring financial income | 75 | - | €100 | +€100 | |
| Financial charges | 65/66B | €502 | €688 | +€186 | +37.1% |
| Recurring financial charges | 65 | €502 | €688 | +€186 | +37.1% |
| Profit (loss) for the period before taxes | 9903 | €66,868 | €2,956 | -€63,913 | -95.6% |
| Income taxes | 67/77 | €16,717 | €1,000 | -€15,717 | -94.0% |
| Profit (loss) for the period | 9904 | €50,151 | €1,956 | -€48,196 | -96.1% |
| Profit (loss) for the period to be appropriated | 9905 | €50,151 | €1,956 | -€48,196 | -96.1% |
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 14 October 2026 via checked.be.