BATI-CARRO: 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-CARRO
Largest movements
- Tangible fixed assets -€85,000
down €85,000 (-11.3%), from €750,254 to €665,255
of which Land and buildings: -€62,313
- Cash +€60,389
up €60,389 (+22.8%), from €265,014 to €325,403
mainly Depreciation (+€86,550) and Receivables within one year (+€19,463)
- Receivables within one year -€19,463
down €19,463 (-24.1%), from €80,667 to €61,204
of which Trade receivables: -€22,179
- Current portion of long-term debt -€19,180
down €19,180 (-53.7%), from €35,722 to €16,542
- Debts after one year -€15,192
no longer reported in 2025 (was €15,192)
- Gross operating margin -€43,848
down €43,848 (-25.5%), from €171,976 to €128,127
- Other operating charges -€28,257
down €28,257 (-62.6%), from €45,106 to €16,849
- Taxes +€2,190
up €2,190 (+52.5%), from €4,168 to €6,358
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 | €1,305,524 | €1,271,449 | -€34,075 | -2.6% |
| Fixed assets | 21/28 | €750,504 | €665,505 | -€85,000 | -11.3% |
| Tangible fixed assets | 22/27 | €750,254 | €665,255 | -€85,000 | -11.3% |
| Land and buildings | 22 | €696,846 | €634,533 | -€62,313 | -8.9% |
| Plant, machinery and equipment | 23 | €18,811 | €7,851 | -€10,961 | -58.3% |
| Furniture and vehicles | 24 | €889 | €1,550 | +€661 | +74.3% |
| Leasing and similar rights | 25 | €11,360 | €4,185 | -€7,175 | -63.2% |
| Other tangible fixed assets | 26 | €21,348 | €16,136 | -€5,212 | -24.4% |
| Assets under construction and advance payments | 27 | €1,000 | €1,000 | = | 0.0% |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €555,019 | €605,944 | +€50,925 | +9.2% |
| Stocks and contracts in progress | 3 | €207,851 | €219,337 | +€11,486 | +5.5% |
| Stocks | 30/36 | €207,851 | €219,337 | +€11,486 | +5.5% |
| Amounts receivable within one year | 40/41 | €80,667 | €61,204 | -€19,463 | -24.1% |
| Trade receivables | 40 | €77,535 | €55,357 | -€22,179 | -28.6% |
| Other amounts receivable | 41 | €3,132 | €5,848 | +€2,715 | +86.7% |
| Cash at bank and in hand | 54/58 | €265,014 | €325,403 | +€60,389 | +22.8% |
| Deferred charges and accrued income | 490/1 | €1,487 | - | -€1,487 | |
| Total equity and liabilities | 10/49 | €1,305,524 | €1,271,449 | -€34,075 | -2.6% |
| Equity | 10/15 | €873,142 | €881,996 | +€8,855 | +1.0% |
| Contributions | 10/11 | €584,789 | €584,789 | = | 0.0% |
| Reserves | 13 | €67,479 | €67,479 | = | 0.0% |
| Tax-exempt reserves | 132 | €9,000 | €9,000 | = | 0.0% |
| Distributable reserves | 133 | €58,479 | €58,479 | = | 0.0% |
| Profit (loss) carried forward | 14 | €220,873 | €229,728 | +€8,855 | +4.0% |
| Amounts payable | 17/49 | €432,382 | €389,452 | -€42,930 | -9.9% |
| Amounts payable after more than one year | 17 | €15,192 | - | -€15,192 | |
| Financial debts | 170/4 | €15,192 | - | -€15,192 | |
| Amounts payable within one year | 42/48 | €417,190 | €389,452 | -€27,738 | -6.6% |
| Current portion of amounts payable after more than one year | 42 | €35,722 | €16,542 | -€19,180 | -53.7% |
| Trade debts | 44 | €71,712 | €63,811 | -€7,901 | -11.0% |
| Suppliers | 440/4 | €71,712 | €63,811 | -€7,901 | -11.0% |
| Taxes, remuneration and social security | 45 | €23,596 | €21,401 | -€2,196 | -9.3% |
| Taxes | 450/3 | €23,596 | €21,401 | -€2,196 | -9.3% |
| Other amounts payable | 47/48 | €286,159 | €287,698 | +€1,538 | +0.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €87,985 | €86,550 | -€1,436 | -1.6% |
| Other operating charges | 640/8 | €45,106 | €16,849 | -€28,257 | -62.6% |
| Non-recurring operating charges | 66A | €20,000 | €8,226 | -€11,774 | -58.9% |
| Gross operating margin | 9900 | €171,976 | €128,127 | -€43,848 | -25.5% |
| Operating profit (loss) | 9901 | €18,884 | €16,502 | -€2,382 | -12.6% |
| Financial income | 75/76B | €1,908 | €1,326 | -€582 | -30.5% |
| Recurring financial income | 75 | €1,908 | €1,326 | -€582 | -30.5% |
| Financial charges | 65/66B | €3,012 | €2,616 | -€396 | -13.1% |
| Recurring financial charges | 65 | €3,012 | €2,616 | -€396 | -13.1% |
| Profit (loss) for the period before taxes | 9903 | €17,781 | €15,212 | -€2,569 | -14.4% |
| Income taxes | 67/77 | €4,168 | €6,358 | +€2,190 | +52.5% |
| Profit (loss) for the period | 9904 | €13,613 | €8,855 | -€4,758 | -35.0% |
| Profit (loss) for the period to be appropriated | 9905 | €13,613 | €8,855 | -€4,758 | -35.0% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.