BATI-MANAGEMENT: what changed
Two fiscal 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-MANAGEMENT
Largest movements
- Stocks and contracts +€683,879
up €683,879 (+4534.5%), from €15,082 to €698,960
- Cash -€136,300
down €136,300 (-33.6%), from €406,215 to €269,916
mainly Stocks and contracts (-€683,879) and Other debts (-€78,944)
- Receivables within one year -€40,338
down €40,338 (-74.5%), from €54,125 to €13,788
of which Trade receivables: -€23,820
- Tangible fixed assets -€33,694
down €33,694 (-14.9%), from €226,571 to €192,877
of which Furniture and vehicles: -€26,142
- Debts after one year +€415,000
new in 2025: €415,000
- Reserves +€118,720
up €118,720 (+35.2%), from €337,389 to €456,109
of which Distributable reserves: +€87,145
- Other debts -€78,944
down €78,944 (-23.2%), from €339,996 to €261,052
- Tax, wage and social debts +€40,192
up €40,192 (+462.3%), from €8,693 to €48,885
of which Taxes: +€37,654
- Advances received -€38,500
down €38,500 (-55.0%), from €70,000 to €31,500
- Write-downs -€49,026
down €49,026 (-82.7%), from €59,302 to €10,277
- Gross operating margin -€21,709
down €21,709 (-8.8%), from €247,159 to €225,450
- Taxes -€21,283
down €21,283 (-46.9%), from €45,365 to €24,082
- Depreciation +€9,342
up €9,342 (+38.4%), from €24,352 to €33,694
- Financial charges +€7,275
up €7,275 (+636.8%), from €1,142 to €8,417
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 | €834,742 | €1,302,795 | +€468,053 | +56.1% |
| Fixed assets | 21/28 | €226,601 | €192,907 | -€33,694 | -14.9% |
| Tangible fixed assets | 22/27 | €226,571 | €192,877 | -€33,694 | -14.9% |
| Land and buildings | 22 | €131,748 | €124,748 | -€7,000 | -5.3% |
| Plant, machinery and equipment | 23 | €1,876 | €1,325 | -€552 | -29.4% |
| Furniture and vehicles | 24 | €92,947 | €66,805 | -€26,142 | -28.1% |
| Financial fixed assets | 28 | €30 | €30 | = | 0.0% |
| Current assets | 29/58 | €608,140 | €1,109,888 | +€501,748 | +82.5% |
| Stocks and contracts in progress | 3 | €15,082 | €698,960 | +€683,879 | +4534.5% |
| Stocks | 30/36 | €15,082 | €698,960 | +€683,879 | +4534.5% |
| Amounts receivable within one year | 40/41 | €54,125 | €13,788 | -€40,338 | -74.5% |
| Trade receivables | 40 | €27,080 | €3,261 | -€23,820 | -88.0% |
| Other amounts receivable | 41 | €27,045 | €10,527 | -€16,518 | -61.1% |
| Current investments | 50/53 | €125,000 | €125,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €406,215 | €269,916 | -€136,300 | -33.6% |
| Deferred charges and accrued income | 490/1 | €7,718 | €2,224 | -€5,494 | -71.2% |
| Total equity and liabilities | 10/49 | €834,742 | €1,302,795 | +€468,053 | +56.1% |
| Equity | 10/15 | €355,989 | €474,709 | +€118,720 | +33.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €337,389 | €456,109 | +€118,720 | +35.2% |
| Tax-exempt reserves | 132 | €31,575 | €63,150 | +€31,575 | +100.0% |
| Distributable reserves | 133 | €305,814 | €392,959 | +€87,145 | +28.5% |
| Amounts payable | 17/49 | €478,753 | €828,086 | +€349,333 | +73.0% |
| Amounts payable after more than one year | 17 | - | €415,000 | +€415,000 | |
| Financial debts | 170/4 | - | €415,000 | +€415,000 | |
| Amounts payable within one year | 42/48 | €478,753 | €413,086 | -€65,667 | -13.7% |
| Current portion of amounts payable after more than one year | 42 | €7,718 | €7,500 | -€218 | -2.8% |
| Trade debts | 44 | €52,346 | €64,149 | +€11,803 | +22.5% |
| Suppliers | 440/4 | €52,346 | €64,149 | +€11,803 | +22.5% |
| Advances received on contracts in progress | 46 | €70,000 | €31,500 | -€38,500 | -55.0% |
| Taxes, remuneration and social security | 45 | €8,693 | €48,885 | +€40,192 | +462.3% |
| Taxes | 450/3 | €234 | €37,888 | +€37,654 | +16072.9% |
| Remuneration and social security | 454/9 | €8,459 | €10,997 | +€2,538 | +30.0% |
| Other amounts payable | 47/48 | €339,996 | €261,052 | -€78,944 | -23.2% |
| Remuneration, social security and pensions | 62 | €36,999 | €36,553 | -€446 | -1.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,352 | €33,694 | +€9,342 | +38.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €59,302 | €10,277 | -€49,026 | -82.7% |
| Other operating charges | 640/8 | - | €153 | +€153 | |
| Non-recurring operating charges | 66A | €3,670 | - | -€3,670 | |
| Gross operating margin | 9900 | €247,159 | €225,450 | -€21,709 | -8.8% |
| Operating profit (loss) | 9901 | €122,835 | €144,772 | +€21,937 | +17.9% |
| Financial income | 75/76B | €3,045 | €6,448 | +€3,403 | +111.7% |
| Recurring financial income | 75 | €3,045 | €6,448 | +€3,403 | +111.7% |
| Financial charges | 65/66B | €1,142 | €8,417 | +€7,275 | +636.8% |
| Recurring financial charges | 65 | €1,142 | €8,417 | +€7,275 | +636.8% |
| Profit (loss) for the period before taxes | 9903 | €124,738 | €142,803 | +€18,064 | +14.5% |
| Income taxes | 67/77 | €45,365 | €24,082 | -€21,283 | -46.9% |
| Profit (loss) for the period | 9904 | €79,373 | €118,720 | +€39,347 | +49.6% |
| Transfer to tax-exempt reserves | 689 | €31,575 | €31,575 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €47,798 | €87,145 | +€39,347 | +82.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.