BATHOSOL: 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.
BATHOSOL
Largest movements
- Cash +€28,893
up €28,893 (+199.7%), from €14,466 to €43,359
mainly Net result for the year (+€38,158) and Depreciation (+€24,791)
- Tangible fixed assets -€19,083
down €19,083 (-28.2%), from €67,721 to €48,638
of which Leasing and similar rights: -€21,797
- Receivables within one year -€15,247
down €15,247 (-13.4%), from €113,706 to €98,459
of which Trade receivables: -€46,656
- Trade debts -€59,116
down €59,116 (-79.8%), from €74,116 to €15,000
- Profit (loss) carried forward +€38,158
up €38,158 (+46.9%), from €81,441 to €119,599
- Advances received +€22,883
up €22,883 (+161.5%), from €14,170 to €37,053
- Debts after one year -€21,781
down €21,781 (-33.2%), from €65,689 to €43,907
- Tax, wage and social debts +€13,570
up €13,570 (+270.3%), from €5,021 to €18,591
of which Taxes: +€11,965
- Gross operating margin +€48,755
up €48,755 (+131.8%), from €37,005 to €85,760
- Taxes +€12,953
up €12,953 (+1246.8%), from €1,039 to €13,992
- Staff costs +€4,054
new in 2025: €4,054
- Other operating charges -€2,949
down €2,949 (-77.5%), from €3,804 to €856
- Financial charges -€1,160
down €1,160 (-16.7%), from €6,941 to €5,781
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 | €268,869 | €263,993 | -€4,877 | -1.8% |
| Fixed assets | 21/28 | €68,621 | €49,538 | -€19,083 | -27.8% |
| Tangible fixed assets | 22/27 | €67,721 | €48,638 | -€19,083 | -28.2% |
| Plant, machinery and equipment | 23 | €4,345 | €8,599 | +€4,254 | +97.9% |
| Furniture and vehicles | 24 | €750 | €210 | -€540 | -72.0% |
| Leasing and similar rights | 25 | €53,695 | €31,897 | -€21,797 | -40.6% |
| Other tangible fixed assets | 26 | €8,932 | €7,932 | -€1,000 | -11.2% |
| Financial fixed assets | 28 | €900 | €900 | = | 0.0% |
| Current assets | 29/58 | €200,248 | €214,455 | +€14,207 | +7.1% |
| Amounts receivable after more than one year | 29 | €65,000 | €65,000 | = | 0.0% |
| Other amounts receivable | 291 | €65,000 | €65,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €113,706 | €98,459 | -€15,247 | -13.4% |
| Trade receivables | 40 | €53,446 | €6,790 | -€46,656 | -87.3% |
| Other amounts receivable | 41 | €60,259 | €91,668 | +€31,409 | +52.1% |
| Cash at bank and in hand | 54/58 | €14,466 | €43,359 | +€28,893 | +199.7% |
| Deferred charges and accrued income | 490/1 | €7,077 | €7,637 | +€560 | +7.9% |
| Total equity and liabilities | 10/49 | €268,869 | €263,993 | -€4,877 | -1.8% |
| Equity | 10/15 | €89,501 | €127,659 | +€38,158 | +42.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €81,441 | €119,599 | +€38,158 | +46.9% |
| Amounts payable | 17/49 | €179,368 | €136,333 | -€43,035 | -24.0% |
| Amounts payable after more than one year | 17 | €65,689 | €43,907 | -€21,781 | -33.2% |
| Financial debts | 170/4 | €65,689 | €43,907 | -€21,781 | -33.2% |
| Amounts payable within one year | 42/48 | €113,680 | €92,426 | -€21,254 | -18.7% |
| Current portion of amounts payable after more than one year | 42 | €20,372 | €21,781 | +€1,409 | +6.9% |
| Trade debts | 44 | €74,116 | €15,000 | -€59,116 | -79.8% |
| Suppliers | 440/4 | €74,116 | €15,000 | -€59,116 | -79.8% |
| Advances received on contracts in progress | 46 | €14,170 | €37,053 | +€22,883 | +161.5% |
| Taxes, remuneration and social security | 45 | €5,021 | €18,591 | +€13,570 | +270.3% |
| Taxes | 450/3 | €5,021 | €16,986 | +€11,965 | +238.3% |
| Remuneration and social security | 454/9 | - | €1,606 | +€1,606 | |
| Remuneration, social security and pensions | 62 | - | €4,054 | +€4,054 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,521 | €24,791 | -€730 | -2.9% |
| Other operating charges | 640/8 | €3,804 | €856 | -€2,949 | -77.5% |
| Gross operating margin | 9900 | €37,005 | €85,760 | +€48,755 | +131.8% |
| Operating profit (loss) | 9901 | €7,680 | €56,059 | +€48,379 | +629.9% |
| Financial income | 75/76B | €1,892 | €1,872 | -€20 | -1.1% |
| Recurring financial income | 75 | €1,892 | €1,872 | -€20 | -1.1% |
| Financial charges | 65/66B | €6,941 | €5,781 | -€1,160 | -16.7% |
| Recurring financial charges | 65 | €6,941 | €5,781 | -€1,160 | -16.7% |
| Profit (loss) for the period before taxes | 9903 | €2,631 | €52,150 | +€49,519 | +1882.0% |
| Income taxes | 67/77 | €1,039 | €13,992 | +€12,953 | +1246.8% |
| Profit (loss) for the period | 9904 | €1,592 | €38,158 | +€36,566 | +2296.4% |
| Profit (loss) for the period to be appropriated | 9905 | €1,592 | €38,158 | +€36,566 | +2296.4% |
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 8 October 2026 via checked.be.