BATHIM & C°: 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.
BATHIM & C°
Largest movements
- Tangible fixed assets +€179,342
up €179,342 (+63.1%), from €284,285 to €463,627
of which Furniture and vehicles: +€197,827
- Cash +€59,787
up €59,787 (+31.1%), from €192,530 to €252,317
mainly Other debts (+€159,904) and Depreciation (+€80,573)
- Receivables within one year +€52,918
up €52,918 (+27.2%), from €194,435 to €247,354
- Other debts +€159,904
up €159,904 (+28.0%), from €571,253 to €731,157
- Debts after one year +€44,524
up €44,524 (+5.0%), from €897,136 to €941,661
- Current portion of long-term debt +€27,440
up €27,440 (+68.4%), from €40,115 to €67,556
- Reserves +€27,382
up €27,382 (+58.9%), from €46,502 to €73,885
of which Distributable reserves: +€27,382
- Gross operating margin +€49,030
up €49,030 (+26.8%), from €182,642 to €231,672
- Depreciation +€22,448
up €22,448 (+38.6%), from €58,125 to €80,573
- Staff costs +€8,622
up €8,622 (+17.5%), from €49,218 to €57,839
- Write-downs -€7,231
no longer reported in 2025 (was €7,231)
- Financial charges -€6,334
down €6,334 (-12.5%), from €50,815 to €44,482
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 | €2,016,907 | €2,320,508 | +€303,601 | +15.1% |
| Fixed assets | 21/28 | €1,594,193 | €1,784,882 | +€190,688 | +12.0% |
| Intangible fixed assets | 21 | €19,908 | €31,255 | +€11,346 | +57.0% |
| Tangible fixed assets | 22/27 | €284,285 | €463,627 | +€179,342 | +63.1% |
| Land and buildings | 22 | €232,574 | €210,415 | -€22,159 | -9.5% |
| Plant, machinery and equipment | 23 | €10,056 | €13,730 | +€3,674 | +36.5% |
| Furniture and vehicles | 24 | €41,655 | €239,482 | +€197,827 | +474.9% |
| Financial fixed assets | 28 | €1,290,000 | €1,290,000 | = | 0.0% |
| Current assets | 29/58 | €422,714 | €535,627 | +€112,913 | +26.7% |
| Amounts receivable within one year | 40/41 | €194,435 | €247,354 | +€52,918 | +27.2% |
| Trade receivables | 40 | €194,435 | €247,354 | +€52,918 | +27.2% |
| Cash at bank and in hand | 54/58 | €192,530 | €252,317 | +€59,787 | +31.1% |
| Deferred charges and accrued income | 490/1 | €35,749 | €35,956 | +€208 | +0.6% |
| Total equity and liabilities | 10/49 | €2,016,907 | €2,320,508 | +€303,601 | +15.1% |
| Equity | 10/15 | €155,201 | €182,583 | +€27,382 | +17.6% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €46,502 | €73,885 | +€27,382 | +58.9% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Distributable reserves | 133 | €40,352 | €67,735 | +€27,382 | +67.9% |
| Profit (loss) carried forward | 14 | €47,198 | €47,198 | = | 0.0% |
| Amounts payable | 17/49 | €1,861,706 | €2,137,925 | +€276,219 | +14.8% |
| Amounts payable after more than one year | 17 | €897,136 | €941,661 | +€44,524 | +5.0% |
| Financial debts | 170/4 | €897,136 | €941,661 | +€44,524 | +5.0% |
| Amounts payable within one year | 42/48 | €964,570 | €1,192,864 | +€228,295 | +23.7% |
| Current portion of amounts payable after more than one year | 42 | €40,115 | €67,556 | +€27,440 | +68.4% |
| Trade debts | 44 | €327,964 | €350,822 | +€22,858 | +7.0% |
| Suppliers | 440/4 | €327,964 | €350,822 | +€22,858 | +7.0% |
| Taxes, remuneration and social security | 45 | €25,237 | €43,330 | +€18,092 | +71.7% |
| Taxes | 450/3 | €18,628 | €35,437 | +€16,809 | +90.2% |
| Remuneration and social security | 454/9 | €6,610 | €7,893 | +€1,283 | +19.4% |
| Other amounts payable | 47/48 | €571,253 | €731,157 | +€159,904 | +28.0% |
| Accrued charges and deferred income | 492/3 | - | €3,400 | +€3,400 | |
| Non-recurring operating income | 76A | €4,132 | - | -€4,132 | |
| Remuneration, social security and pensions | 62 | €49,218 | €57,839 | +€8,622 | +17.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €58,125 | €80,573 | +€22,448 | +38.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €7,231 | - | -€7,231 | |
| Other operating charges | 640/8 | €9,286 | €12,273 | +€2,987 | +32.2% |
| Gross operating margin | 9900 | €182,642 | €231,672 | +€49,030 | +26.8% |
| Operating profit (loss) | 9901 | €58,782 | €80,986 | +€22,204 | +37.8% |
| Financial income | 75/76B | €4 | €636 | +€632 | +14905.0% |
| Recurring financial income | 75 | €4 | €636 | +€632 | +14905.0% |
| Financial charges | 65/66B | €50,815 | €44,482 | -€6,334 | -12.5% |
| Recurring financial charges | 65 | €50,815 | €44,482 | -€6,334 | -12.5% |
| Profit (loss) for the period before taxes | 9903 | €7,971 | €37,141 | +€29,170 | +366.0% |
| Income taxes | 67/77 | €7,823 | €9,759 | +€1,935 | +24.7% |
| Profit (loss) for the period | 9904 | €148 | €27,382 | +€27,235 | +18443.0% |
| Profit (loss) for the period to be appropriated | 9905 | €148 | €27,382 | +€27,235 | +18443.0% |
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.