BATI ELMO: 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 ELMO
Largest movements
- Tangible fixed assets -€15,225
down €15,225 (-10.0%), from €152,583 to €137,357
- Cash +€9,085
up €9,085 (+78.1%), from €11,626 to €20,711
mainly Depreciation (+€15,225) and Net result for the year (+€9,556)
- Receivables within one year -€3,025
down €3,025 (-45.4%), from €6,668 to €3,643
of which Trade receivables: -€4,417
- Tax, wage and social debts -€13,099
down €13,099 (-48.2%), from €27,182 to €14,083
- Profit (loss) carried forward +€9,556
up €9,556 (+17.0%), from €56,142 to €65,698
- Debts after one year -€7,956
down €7,956 (-11.4%), from €69,801 to €61,845
- Other debts +€1,996
up €1,996 (+52.3%), from €3,817 to €5,813
- Gross operating margin +€14,401
up €14,401 (+94.3%), from €15,264 to €29,666
- Depreciation +€6,997
up €6,997 (+85.0%), from €8,228 to €15,225
- Other operating charges +€481
up €481 (+23.7%), from €2,034 to €2,514
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 | €172,426 | €163,261 | -€9,165 | -5.3% |
| Fixed assets | 21/28 | €154,133 | €138,907 | -€15,225 | -9.9% |
| Tangible fixed assets | 22/27 | €152,583 | €137,357 | -€15,225 | -10.0% |
| Land and buildings | 22 | €132,935 | €125,939 | -€6,997 | -5.3% |
| Plant, machinery and equipment | 23 | €7,304 | €4,009 | -€3,296 | -45.1% |
| Furniture and vehicles | 24 | €5,609 | €1,638 | -€3,971 | -70.8% |
| Other tangible fixed assets | 26 | €6,734 | €5,772 | -€962 | -14.3% |
| Financial fixed assets | 28 | €1,550 | €1,550 | = | 0.0% |
| Current assets | 29/58 | €18,293 | €24,353 | +€6,060 | +33.1% |
| Amounts receivable within one year | 40/41 | €6,668 | €3,643 | -€3,025 | -45.4% |
| Trade receivables | 40 | €4,980 | €563 | -€4,417 | -88.7% |
| Other amounts receivable | 41 | €1,688 | €3,080 | +€1,392 | +82.5% |
| Cash at bank and in hand | 54/58 | €11,626 | €20,711 | +€9,085 | +78.1% |
| Total equity and liabilities | 10/49 | €172,426 | €163,261 | -€9,165 | -5.3% |
| Equity | 10/15 | €62,342 | €71,898 | +€9,556 | +15.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €56,142 | €65,698 | +€9,556 | +17.0% |
| Amounts payable | 17/49 | €110,084 | €91,362 | -€18,722 | -17.0% |
| Amounts payable after more than one year | 17 | €69,801 | €61,845 | -€7,956 | -11.4% |
| Financial debts | 170/4 | €69,801 | €61,845 | -€7,956 | -11.4% |
| Amounts payable within one year | 42/48 | €40,283 | €29,518 | -€10,765 | -26.7% |
| Current portion of amounts payable after more than one year | 42 | €7,729 | €7,956 | +€228 | +2.9% |
| Trade debts | 44 | €1,555 | €1,665 | +€110 | +7.1% |
| Suppliers | 440/4 | €1,555 | €1,665 | +€110 | +7.1% |
| Taxes, remuneration and social security | 45 | €27,182 | €14,083 | -€13,099 | -48.2% |
| Remuneration and social security | 454/9 | €27,182 | €14,083 | -€13,099 | -48.2% |
| Other amounts payable | 47/48 | €3,817 | €5,813 | +€1,996 | +52.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,228 | €15,225 | +€6,997 | +85.0% |
| Other operating charges | 640/8 | €2,034 | €2,514 | +€481 | +23.7% |
| Gross operating margin | 9900 | €15,264 | €29,666 | +€14,401 | +94.3% |
| Operating profit (loss) | 9901 | €5,003 | €11,926 | +€6,923 | +138% |
| Financial charges | 65/66B | €2,647 | €2,370 | -€277 | -10.5% |
| Recurring financial charges | 65 | €2,647 | €2,370 | -€277 | -10.5% |
| Profit (loss) for the period before taxes | 9903 | €2,356 | €9,556 | +€7,200 | +306% |
| Profit (loss) for the period | 9904 | €2,356 | €9,556 | +€7,200 | +306% |
| Profit (loss) for the period to be appropriated | 9905 | €2,356 | €9,556 | +€7,200 | +306% |
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 13 October 2026 via checked.be.