BATI-MANDIM: 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-MANDIM
Largest movements
- Receivables within one year +€11,967
up €11,967 (+4.1%), from €291,306 to €303,272
of which Trade receivables: +€28,634
- Tangible fixed assets -€11,448
down €11,448 (-27.3%), from €41,913 to €30,465
- Profit (loss) carried forward +€23,497
up €23,497 (+10.4%), from €224,952 to €248,448
- Debts after one year -€13,186
down €13,186 (-59.1%), from €22,310 to €9,124
- Tax, wage and social debts -€8,321
down €8,321 (-90.0%), from €9,250 to €929
of which Remuneration and social security: -€9,000
- Current portion of long-term debt -€4,974
down €4,974 (-39.4%), from €12,610 to €7,636
- Trade debts +€4,827
up €4,827 (+3.8%), from €127,349 to €132,176
- Gross operating margin +€13,002
up €13,002 (+54.3%), from €23,925 to €36,927
- Depreciation +€7,569
up €7,569 (+195%), from €3,878 to €11,448
- Financial charges +€930
up €930 (+57.5%), from €1,620 to €2,550
- Other operating charges -€504
down €504 (-79.4%), from €635 to €131
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 | €404,531 | €406,543 | +€2,011 | +0.5% |
| Fixed assets | 21/28 | €48,452 | €37,004 | -€11,448 | -23.6% |
| Tangible fixed assets | 22/27 | €41,913 | €30,465 | -€11,448 | -27.3% |
| Furniture and vehicles | 24 | €41,913 | €30,465 | -€11,448 | -27.3% |
| Financial fixed assets | 28 | €6,539 | €6,539 | = | 0.0% |
| Current assets | 29/58 | €356,079 | €369,539 | +€13,459 | +3.8% |
| Amounts receivable within one year | 40/41 | €291,306 | €303,272 | +€11,967 | +4.1% |
| Trade receivables | 40 | €242,426 | €271,059 | +€28,634 | +11.8% |
| Other amounts receivable | 41 | €48,880 | €32,213 | -€16,667 | -34.1% |
| Cash at bank and in hand | 54/58 | €64,091 | €66,266 | +€2,175 | +3.4% |
| Deferred charges and accrued income | 490/1 | €682 | - | -€682 | |
| Total equity and liabilities | 10/49 | €404,531 | €406,543 | +€2,011 | +0.5% |
| Equity | 10/15 | €233,012 | €256,508 | +€23,497 | +10.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €224,952 | €248,448 | +€23,497 | +10.4% |
| Amounts payable | 17/49 | €171,519 | €150,034 | -€21,485 | -12.5% |
| Amounts payable after more than one year | 17 | €22,310 | €9,124 | -€13,186 | -59.1% |
| Financial debts | 170/4 | €22,310 | €9,124 | -€13,186 | -59.1% |
| Amounts payable within one year | 42/48 | €149,210 | €140,911 | -€8,299 | -5.6% |
| Current portion of amounts payable after more than one year | 42 | €12,610 | €7,636 | -€4,974 | -39.4% |
| Financial debts | 43 | - | €169 | +€169 | |
| Credit institutions | 430/8 | - | €169 | +€169 | |
| Trade debts | 44 | €127,349 | €132,176 | +€4,827 | +3.8% |
| Suppliers | 440/4 | €127,349 | €132,176 | +€4,827 | +3.8% |
| Taxes, remuneration and social security | 45 | €9,250 | €929 | -€8,321 | -90.0% |
| Taxes | 450/3 | €250 | €929 | +€679 | +272% |
| Remuneration and social security | 454/9 | €9,000 | - | -€9,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,878 | €11,448 | +€7,569 | +195% |
| Other operating charges | 640/8 | €635 | €131 | -€504 | -79.4% |
| Gross operating margin | 9900 | €23,925 | €36,927 | +€13,002 | +54.3% |
| Operating profit (loss) | 9901 | €19,411 | €25,348 | +€5,937 | +30.6% |
| Financial income | 75/76B | €1,109 | €943 | -€166 | -15.0% |
| Recurring financial income | 75 | €1,109 | €943 | -€166 | -15.0% |
| Financial charges | 65/66B | €1,620 | €2,550 | +€930 | +57.5% |
| Recurring financial charges | 65 | €1,620 | €2,550 | +€930 | +57.5% |
| Profit (loss) for the period before taxes | 9903 | €18,901 | €23,741 | +€4,840 | +25.6% |
| Income taxes | 67/77 | €320 | €244 | -€76 | -23.6% |
| Profit (loss) for the period | 9904 | €18,581 | €23,497 | +€4,916 | +26.5% |
| Profit (loss) for the period to be appropriated | 9905 | €18,581 | €23,497 | +€4,916 | +26.5% |
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 21 October 2026 via checked.be.