BATI & GARDEN: what changed
What changed
BATI & GARDEN
NACE 43.222, Installation of electric heating, air conditioning, cooling and ventilation
filed annual accounts (NBB)
Net result for the year
-€43
2024 · €25,452-€25,495
Equity
€76,297
2024 · €76,340-€43
Cash
€11,013
2024 · €11,860-€847
Balance sheet total
€188,720
2024 · €211,955-€23,235
Largest movements
Assets
- Tangible fixed assets -€21,718
down €21,718 (-11.1%), from €195,177 to €173,460
of which Land and buildings: -€19,662
Equity and liabilities
- Debts after one year -€18,446
down €18,446 (-25.2%), from €73,337 to €54,891
- Tax, wage and social debts -€6,300
down €6,300 (-17.2%), from €36,658 to €30,358
- Revaluation surpluses -€5,543
down €5,543 (-11.1%), from €49,886 to €44,343
- Reserves +€5,543
up €5,543 (+26.1%), from €21,239 to €26,781
of which Distributable reserves: +€5,543
Income statement
- Gross operating margin -€28,163
down €28,163 (-48.4%), from €58,221 to €30,058
- Depreciation -€1,501
down €1,501 (-6.2%), from €24,279 to €22,779
- Financial charges -€800
down €800 (-15.9%), from €5,041 to €4,241
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€25,452
Gross operating margin
-€28,163
Depreciation
+€1,501
Other operating charges
-€179
Financial income
+€0
Financial charges
+€800
Taxes
+€546
Result 2025
-€43
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€17,960
Investment
-€1,061
Financing
-€17,746
Cash 2024
€11,860
From operations (derived)
+€17,960
Net result for the year
-€43
Depreciation
+€22,779
Receivables within one year
+€670
Trade debts
+€1,413
Tax, wage and social debts
-€6,300
Other debts
-€559
Investment (derived)
-€1,061
Investment in fixed assets (net)
-€1,061
Financing
-€17,746
Debts after one year
-€18,446
Current portion of long-term debt
+€700
Cash 2025
€11,013
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €211,955 | €188,720 | -€23,235 | -11.0% |
| Fixed assets | 21/28 | €195,747 | €174,030 | -€21,718 | -11.1% |
| Tangible fixed assets | 22/27 | €195,177 | €173,460 | -€21,718 | -11.1% |
| Land and buildings | 22 | €191,076 | €171,414 | -€19,662 | -10.3% |
| Plant, machinery and equipment | 23 | €1,051 | €356 | -€695 | -66.1% |
| Furniture and vehicles | 24 | €3,050 | €1,689 | -€1,361 | -44.6% |
| Financial fixed assets | 28 | €570 | €570 | = | 0.0% |
| Current assets | 29/58 | €16,208 | €14,691 | -€1,517 | -9.4% |
| Amounts receivable within one year | 40/41 | €4,348 | €3,678 | -€670 | -15.4% |
| Other amounts receivable | 41 | €4,348 | €3,678 | -€670 | -15.4% |
| Cash at bank and in hand | 54/58 | €11,860 | €11,013 | -€847 | -7.1% |
| Total equity and liabilities | 10/49 | €211,955 | €188,720 | -€23,235 | -11.0% |
| Equity | 10/15 | €76,340 | €76,297 | -€43 | -0.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Revaluation surpluses | 12 | €49,886 | €44,343 | -€5,543 | -11.1% |
| Reserves | 13 | €21,239 | €26,781 | +€5,543 | +26.1% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €19,379 | €24,921 | +€5,543 | +28.6% |
| Profit (loss) carried forward | 14 | -€13,384 | -€13,427 | -€43 | -0.3% |
| Amounts payable | 17/49 | €135,615 | €112,423 | -€23,192 | -17.1% |
| Amounts payable after more than one year | 17 | €73,337 | €54,891 | -€18,446 | -25.2% |
| Financial debts | 170/4 | €73,337 | €54,891 | -€18,446 | -25.2% |
| Amounts payable within one year | 42/48 | €62,279 | €57,532 | -€4,746 | -7.6% |
| Current portion of amounts payable after more than one year | 42 | €17,746 | €18,446 | +€700 | +3.9% |
| Trade debts | 44 | €2,088 | €3,502 | +€1,413 | +67.7% |
| Suppliers | 440/4 | €2,088 | €3,502 | +€1,413 | +67.7% |
| Taxes, remuneration and social security | 45 | €36,658 | €30,358 | -€6,300 | -17.2% |
| Remuneration and social security | 454/9 | €36,658 | €30,358 | -€6,300 | -17.2% |
| Other amounts payable | 47/48 | €5,786 | €5,227 | -€559 | -9.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,279 | €22,779 | -€1,501 | -6.2% |
| Other operating charges | 640/8 | €2,325 | €2,504 | +€179 | +7.7% |
| Gross operating margin | 9900 | €58,221 | €30,058 | -€28,163 | -48.4% |
| Operating profit (loss) | 9901 | €31,617 | €4,775 | -€26,842 | -84.9% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €5,041 | €4,241 | -€800 | -15.9% |
| Recurring financial charges | 65 | €5,041 | €4,241 | -€800 | -15.9% |
| Profit (loss) for the period before taxes | 9903 | €26,576 | €535 | -€26,041 | -98.0% |
| Income taxes | 67/77 | €1,124 | €578 | -€546 | -48.6% |
| Profit (loss) for the period | 9904 | €25,452 | -€43 | -€25,495 | |
| Profit (loss) for the period to be appropriated | 9905 | €25,452 | -€43 | -€25,495 |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.