BATI +: 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.
BATI +
Largest movements
- Tangible fixed assets +€126,243
up €126,243 (+14.3%), from €885,820 to €1.0m
of which Assets under construction and advance payments: +€121,049
- Receivables within one year -€107,823
down €107,823 (-39.1%), from €275,986 to €168,163
of which Trade receivables: -€107,741
- Financial fixed assets -€70,623
down €70,623 (-2.7%), from €2.7m to €2.6m
- Trade debts +€106,642
up €106,642 (+24.8%), from €429,404 to €536,046
- Debts after one year -€85,535
down €85,535 (-10.8%), from €789,659 to €704,124
of which Financial debts: -€85,435
- Tax, wage and social debts -€73,386
down €73,386 (-22.5%), from €325,965 to €252,579
of which Taxes: -€72,800
- Gross operating margin -€175,952
down €175,952 (-84.6%), from €208,100 to €32,148
- Taxes -€120,425
down €120,425 (-87.3%), from €137,985 to €17,560
- Financial income -€89,414
down €89,414 (-43.8%), from €204,361 to €114,947
- Financial charges -€62,836
down €62,836 (-83.7%), from €75,054 to €12,218
- Staff costs +€18,031
up €18,031 (+30.6%), from €58,892 to €76,923
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 | €3,824,130 | €3,769,369 | -€54,761 | -1.4% |
| Fixed assets | 21/28 | €3,540,189 | €3,595,809 | +€55,620 | +1.6% |
| Tangible fixed assets | 22/27 | €885,820 | €1,012,063 | +€126,243 | +14.3% |
| Land and buildings | 22 | €344,661 | €368,937 | +€24,277 | +7.0% |
| Furniture and vehicles | 24 | €133 | €971 | +€838 | +629% |
| Leasing and similar rights | 25 | €44,201 | €24,280 | -€19,921 | -45.1% |
| Assets under construction and advance payments | 27 | €496,825 | €617,874 | +€121,049 | +24.4% |
| Financial fixed assets | 28 | €2,654,369 | €2,583,746 | -€70,623 | -2.7% |
| Current assets | 29/58 | €283,941 | €173,560 | -€110,381 | -38.9% |
| Amounts receivable within one year | 40/41 | €275,986 | €168,163 | -€107,823 | -39.1% |
| Trade receivables | 40 | €275,904 | €168,163 | -€107,741 | -39.1% |
| Other amounts receivable | 41 | €82 | - | -€82 | |
| Cash at bank and in hand | 54/58 | €7,750 | €1,293 | -€6,457 | -83.3% |
| Deferred charges and accrued income | 490/1 | €205 | €4,104 | +€3,899 | +1,902% |
| Total equity and liabilities | 10/49 | €3,824,130 | €3,769,369 | -€54,761 | -1.4% |
| Equity | 10/15 | €1,978,604 | €1,980,589 | +€1,985 | +0.1% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Capital | 10 | €100,000 | €100,000 | = | 0.0% |
| Issued capital | 100 | €100,000 | €100,000 | = | 0.0% |
| Revaluation surpluses | 12 | €394,749 | €394,749 | = | 0.0% |
| Reserves | 13 | €300,611 | €300,611 | = | 0.0% |
| Non-distributable reserves | 130/1 | €10,000 | €10,000 | = | 0.0% |
| Legal reserve | 130 | €10,000 | €10,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €290,611 | €290,611 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,183,245 | €1,185,229 | +€1,985 | +0.2% |
| Provisions and deferred taxes | 16 | €278,194 | €278,194 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €156,163 | €156,163 | = | 0.0% |
| Pensions and similar obligations | 160 | €156,163 | €156,163 | = | 0.0% |
| Deferred taxes | 168 | €122,031 | €122,031 | = | 0.0% |
| Amounts payable | 17/49 | €1,567,332 | €1,510,586 | -€56,746 | -3.6% |
| Amounts payable after more than one year | 17 | €789,659 | €704,124 | -€85,535 | -10.8% |
| Financial debts | 170/4 | €789,559 | €704,124 | -€85,435 | -10.8% |
| Other amounts payable | 178/9 | €100 | - | -€100 | |
| Amounts payable within one year | 42/48 | €777,672 | €806,461 | +€28,789 | +3.7% |
| Current portion of amounts payable after more than one year | 42 | €21,816 | €17,348 | -€4,467 | -20.5% |
| Trade debts | 44 | €429,404 | €536,046 | +€106,642 | +24.8% |
| Suppliers | 440/4 | €429,404 | €536,046 | +€106,642 | +24.8% |
| Taxes, remuneration and social security | 45 | €325,965 | €252,579 | -€73,386 | -22.5% |
| Taxes | 450/3 | €318,665 | €245,865 | -€72,800 | -22.8% |
| Remuneration and social security | 454/9 | €7,300 | €6,714 | -€586 | -8.0% |
| Other amounts payable | 47/48 | €487 | €487 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €58,892 | €76,923 | +€18,031 | +30.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,067 | €28,033 | +€1,965 | +7.5% |
| Other operating charges | 640/8 | €18,639 | €10,377 | -€8,262 | -44.3% |
| Gross operating margin | 9900 | €208,100 | €32,148 | -€175,952 | -84.6% |
| Operating profit (loss) | 9901 | €104,502 | -€83,185 | -€187,687 | |
| Financial income | 75/76B | €204,361 | €114,947 | -€89,414 | -43.8% |
| Recurring financial income | 75 | €204,361 | €114,947 | -€89,414 | -43.8% |
| Financial charges | 65/66B | €75,054 | €12,218 | -€62,836 | -83.7% |
| Recurring financial charges | 65 | €75,054 | €12,218 | -€62,836 | -83.7% |
| Profit (loss) for the period before taxes | 9903 | €233,810 | €19,545 | -€214,265 | -91.6% |
| Transfer from deferred taxes | 780 | €98,346 | - | -€98,346 | |
| Income taxes | 67/77 | €137,985 | €17,560 | -€120,425 | -87.3% |
| Profit (loss) for the period | 9904 | €194,171 | €1,985 | -€192,187 | -99.0% |
| Transfer from tax-exempt reserves | 789 | €190,992 | - | -€190,992 | |
| Profit (loss) for the period to be appropriated | 9905 | €385,163 | €1,985 | -€383,179 | -99.5% |
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 29 October 2026 via checked.be.