BATHI: 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.
BATHI
Largest movements
- Cash +€42,049
up €42,049 (+73.6%), from €57,146 to €99,194
mainly Other debts (+€23,750) and Trade debts (+€20,885)
- Receivables within one year +€7,400
up €7,400 (+7.2%), from €102,519 to €109,918
of which Trade receivables: +€3,975
- Deferred charges and accrued income -€4,150
down €4,150 (-34.6%), from €12,010 to €7,860
- Other debts +€23,750
up €23,750 (+2375.0%), from €1,000 to €24,750
- Trade debts +€20,885
up €20,885 (+104.0%), from €20,089 to €40,975
- Reserves -€7,500
down €7,500 (-5.7%), from €131,360 to €123,860
of which Distributable reserves: -€7,500
- Tax, wage and social debts +€6,174
up €6,174 (+66.8%), from €9,239 to €15,412
of which Remuneration and social security: +€4,187
- Gross operating margin -€6,894
down €6,894 (-18.4%), from €37,449 to €30,555
- Taxes -€1,971
down €1,971 (-19.7%), from €9,992 to €8,022
- Depreciation +€1,159
up €1,159 (+27.5%), from €4,209 to €5,368
- Financial income +€629
up €629 (+22.9%), from €2,750 to €3,379
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 | €216,325 | €260,389 | +€44,064 | +20.4% |
| Fixed assets | 21/28 | €44,651 | €43,417 | -€1,234 | -2.8% |
| Tangible fixed assets | 22/27 | €43,292 | €42,058 | -€1,234 | -2.9% |
| Land and buildings | 22 | €35,910 | €33,734 | -€2,176 | -6.1% |
| Plant, machinery and equipment | 23 | €1,379 | €944 | -€436 | -31.6% |
| Furniture and vehicles | 24 | €5,088 | €6,648 | +€1,560 | +30.7% |
| Other tangible fixed assets | 26 | €915 | €732 | -€183 | -20.0% |
| Financial fixed assets | 28 | €1,359 | €1,359 | = | 0.0% |
| Current assets | 29/58 | €171,674 | €216,972 | +€45,298 | +26.4% |
| Amounts receivable within one year | 40/41 | €102,519 | €109,918 | +€7,400 | +7.2% |
| Trade receivables | 40 | €55,855 | €59,830 | +€3,975 | +7.1% |
| Other amounts receivable | 41 | €46,664 | €50,088 | +€3,425 | +7.3% |
| Cash at bank and in hand | 54/58 | €57,146 | €99,194 | +€42,049 | +73.6% |
| Deferred charges and accrued income | 490/1 | €12,010 | €7,860 | -€4,150 | -34.6% |
| Total equity and liabilities | 10/49 | €216,325 | €260,389 | +€44,064 | +20.4% |
| Equity | 10/15 | €167,879 | €160,513 | -€7,367 | -4.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Other | 1109/19 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €131,360 | €123,860 | -€7,500 | -5.7% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €129,500 | €122,000 | -€7,500 | -5.8% |
| Profit (loss) carried forward | 14 | €17,919 | €18,053 | +€133 | +0.7% |
| Amounts payable | 17/49 | €48,446 | €99,877 | +€51,431 | +106.2% |
| Amounts payable after more than one year | 17 | €14,737 | €12,681 | -€2,056 | -14.0% |
| Financial debts | 170/4 | €14,737 | €12,681 | -€2,056 | -14.0% |
| Amounts payable within one year | 42/48 | €32,388 | €85,400 | +€53,013 | +163.7% |
| Current portion of amounts payable after more than one year | 42 | €2,005 | €4,264 | +€2,259 | +112.6% |
| Financial debts | 43 | €54 | - | -€54 | |
| Credit institutions | 430/8 | €54 | - | -€54 | |
| Trade debts | 44 | €20,089 | €40,975 | +€20,885 | +104.0% |
| Suppliers | 440/4 | €20,089 | €40,975 | +€20,885 | +104.0% |
| Taxes, remuneration and social security | 45 | €9,239 | €15,412 | +€6,174 | +66.8% |
| Taxes | 450/3 | €9,172 | €11,158 | +€1,986 | +21.7% |
| Remuneration and social security | 454/9 | €67 | €4,254 | +€4,187 | +6273.7% |
| Other amounts payable | 47/48 | €1,000 | €24,750 | +€23,750 | +2375.0% |
| Accrued charges and deferred income | 492/3 | €1,321 | €1,795 | +€474 | +35.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,209 | €5,368 | +€1,159 | +27.5% |
| Other operating charges | 640/8 | €2,232 | €2,116 | -€116 | -5.2% |
| Gross operating margin | 9900 | €37,449 | €30,555 | -€6,894 | -18.4% |
| Operating profit (loss) | 9901 | €31,008 | €23,071 | -€7,936 | -25.6% |
| Financial income | 75/76B | €2,750 | €3,379 | +€629 | +22.9% |
| Recurring financial income | 75 | €2,750 | €3,379 | +€629 | +22.9% |
| Financial charges | 65/66B | €1,012 | €795 | -€217 | -21.4% |
| Recurring financial charges | 65 | €1,012 | €795 | -€217 | -21.4% |
| Profit (loss) for the period before taxes | 9903 | €32,745 | €25,655 | -€7,090 | -21.7% |
| Income taxes | 67/77 | €9,992 | €8,022 | -€1,971 | -19.7% |
| Profit (loss) for the period | 9904 | €22,753 | €17,633 | -€5,120 | -22.5% |
| Profit (loss) for the period to be appropriated | 9905 | €22,753 | €17,633 | -€5,120 | -22.5% |
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 3 October 2026 via checked.be.