BATI IWAN: 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 IWAN
Largest movements
- Cash -€9,534
down €9,534 (-12.9%), from €74,188 to €64,654
mainly Advances received (-€24,316) and Trade debts (-€11,263)
- Receivables within one year -€7,932
down €7,932 (-13.4%), from €59,241 to €51,308
of which Trade receivables: -€11,860
- Tangible fixed assets -€4,109
no longer reported in 2025 (was €4,109)
- Advances received -€24,316
no longer reported in 2025 (was €24,316)
- Profit (loss) carried forward +€17,348
up €17,348 (+26.6%), from €65,256 to €82,605
- Trade debts -€11,263
no longer reported in 2025 (was €11,263)
- Current portion of long-term debt +€9,155
new in 2025: €9,155
- Other debts -€6,802
no longer reported in 2025 (was €6,802)
- Gross operating margin +€93,858
up €93,858 (+116%), from €81,186 to €175,044
- Staff costs +€92,616
up €92,616 (+164%), from €56,324 to €148,940
- Turnover +€92,012
up €92,012 (+33.1%), from €278,264 to €370,276
- Taxes +€6,000
new in 2025: €6,000
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 | €137,616 | €115,963 | -€21,653 | -15.7% |
| Fixed assets | 21/28 | €4,187 | - | -€4,187 | |
| Tangible fixed assets | 22/27 | €4,109 | - | -€4,109 | |
| Furniture and vehicles | 24 | €4,109 | - | -€4,109 | |
| Financial fixed assets | 28 | €78 | - | -€78 | |
| Current assets | 29/58 | €133,429 | €115,963 | -€17,467 | -13.1% |
| Amounts receivable within one year | 40/41 | €59,241 | €51,308 | -€7,932 | -13.4% |
| Trade receivables | 40 | €47,028 | €35,169 | -€11,860 | -25.2% |
| Other amounts receivable | 41 | €12,212 | €16,140 | +€3,927 | +32.2% |
| Cash at bank and in hand | 54/58 | €74,188 | €64,654 | -€9,534 | -12.9% |
| Total equity and liabilities | 10/49 | €137,616 | €115,963 | -€21,653 | -15.7% |
| Equity | 10/15 | €70,256 | €87,605 | +€17,348 | +24.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €65,256 | €82,605 | +€17,348 | +26.6% |
| Amounts payable | 17/49 | €67,359 | €28,358 | -€39,002 | -57.9% |
| Amounts payable within one year | 42/48 | €67,359 | €28,358 | -€39,002 | -57.9% |
| Current portion of amounts payable after more than one year | 42 | - | €9,155 | +€9,155 | |
| Trade debts | 44 | €11,263 | - | -€11,263 | |
| Suppliers | 440/4 | €11,263 | - | -€11,263 | |
| Advances received on contracts in progress | 46 | €24,316 | - | -€24,316 | |
| Taxes, remuneration and social security | 45 | €24,978 | €19,203 | -€5,775 | -23.1% |
| Taxes | 450/3 | €3,328 | €4,569 | +€1,241 | +37.3% |
| Remuneration and social security | 454/9 | €21,650 | €14,634 | -€7,016 | -32.4% |
| Other amounts payable | 47/48 | €6,802 | - | -€6,802 | |
| Turnover | 70 | €278,264 | €370,276 | +€92,012 | +33.1% |
| Goods, raw materials, services and sundry goods | 60/61 | €197,078 | €195,044 | -€2,034 | -1.0% |
| Remuneration, social security and pensions | 62 | €56,324 | €148,940 | +€92,616 | +164% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,086 | €4,109 | -€978 | -19.2% |
| Other operating charges | 640/8 | €998 | €2,517 | +€1,519 | +152% |
| Gross operating margin | 9900 | €81,186 | €175,044 | +€93,858 | +116% |
| Operating profit (loss) | 9901 | €18,777 | €19,478 | +€700 | +3.7% |
| Financial charges | 65/66B | €38 | €1,796 | +€1,758 | +4,592% |
| Recurring financial charges | 65 | €38 | €1,796 | +€1,758 | +4,592% |
| Profit (loss) for the period before taxes | 9903 | €18,739 | €17,681 | -€1,058 | -5.6% |
| Income taxes | 67/77 | - | €6,000 | +€6,000 | |
| Profit (loss) for the period | 9904 | €18,739 | €11,681 | -€7,058 | -37.7% |
| Profit (loss) for the period to be appropriated | 9905 | €18,739 | €11,681 | -€7,058 | -37.7% |
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 20 October 2026 via checked.be.