BATI MAX: 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 MAX
Largest movements
- Cash -€963,777
down €963,777 (-51.8%), from €1.9m to €897,112
mainly Receivables within one year (-€483,972) and Other debts (-€356,847)
- Receivables within one year +€483,972
up €483,972 (+166.9%), from €290,038 to €774,010
of which Other amounts receivable: +€313,876
- Other debts -€356,847
down €356,847 (-99.6%), from €358,158 to €1,311
- Tax, wage and social debts -€196,539
down €196,539 (-43.9%), from €447,513 to €250,974
of which Taxes: -€197,098
- Profit (loss) carried forward +€56,733
new in 2025: €56,733
- Trade debts +€42,506
up €42,506 (+11.4%), from €371,688 to €414,194
of which Suppliers: +€42,506
- Gross operating margin -€801,133
down €801,133 (-66.8%), from €1.2m to €398,925
- Taxes -€227,567
down €227,567 (-91.2%), from €249,470 to €21,903
- Staff costs +€47,621
up €47,621 (+17.6%), from €270,396 to €318,017
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 | €2,164,181 | €1,693,539 | -€470,642 | -21.7% |
| Fixed assets | 21/28 | €4,709 | €2,345 | -€2,364 | -50.2% |
| Tangible fixed assets | 22/27 | €3,209 | €845 | -€2,364 | -73.7% |
| Furniture and vehicles | 24 | €3,209 | €845 | -€2,364 | -73.7% |
| Financial fixed assets | 28 | €1,500 | €1,500 | = | 0.0% |
| Current assets | 29/58 | €2,159,472 | €1,691,194 | -€468,278 | -21.7% |
| Amounts receivable within one year | 40/41 | €290,038 | €774,010 | +€483,972 | +166.9% |
| Trade receivables | 40 | €237,697 | €407,793 | +€170,096 | +71.6% |
| Other amounts receivable | 41 | €52,341 | €366,217 | +€313,876 | +599.7% |
| Cash at bank and in hand | 54/58 | €1,860,889 | €897,112 | -€963,777 | -51.8% |
| Deferred charges and accrued income | 490/1 | €8,545 | €20,072 | +€11,527 | +134.9% |
| Total equity and liabilities | 10/49 | €2,164,181 | €1,693,539 | -€470,642 | -21.7% |
| Equity | 10/15 | €970,328 | €1,027,061 | +€56,733 | +5.8% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €960,328 | €960,328 | +€0 | 0.0% |
| Non-distributable reserves | 130/1 | €1,000 | €1,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,000 | €1,000 | = | 0.0% |
| Distributable reserves | 133 | €959,328 | €959,328 | +€0 | 0.0% |
| Profit (loss) carried forward | 14 | - | €56,733 | +€56,733 | |
| Amounts payable | 17/49 | €1,193,853 | €666,478 | -€527,375 | -44.2% |
| Amounts payable within one year | 42/48 | €1,177,359 | €666,478 | -€510,881 | -43.4% |
| Current portion of amounts payable after more than one year | 42 | - | €0 | = | |
| Trade debts | 44 | €371,688 | €414,194 | +€42,506 | +11.4% |
| Suppliers | 440/4 | €371,688 | €414,194 | +€42,506 | +11.4% |
| Bills of exchange payable | 441 | - | €0 | = | |
| Taxes, remuneration and social security | 45 | €447,513 | €250,974 | -€196,539 | -43.9% |
| Taxes | 450/3 | €443,298 | €246,200 | -€197,098 | -44.5% |
| Remuneration and social security | 454/9 | €4,215 | €4,774 | +€559 | +13.3% |
| Other amounts payable | 47/48 | €358,158 | €1,311 | -€356,847 | -99.6% |
| Accrued charges and deferred income | 492/3 | €16,494 | €0 | -€16,494 | -100.0% |
| Remuneration, social security and pensions | 62 | €270,396 | €318,017 | +€47,621 | +17.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,172 | €2,364 | -€808 | -25.5% |
| Other operating charges | 640/8 | €1,319 | €1,530 | +€211 | +16.0% |
| Gross operating margin | 9900 | €1,200,058 | €398,925 | -€801,133 | -66.8% |
| Operating profit (loss) | 9901 | €925,171 | €77,015 | -€848,156 | -91.7% |
| Financial income | 75/76B | €73 | €5,906 | +€5,833 | +7990.1% |
| Recurring financial income | 75 | €73 | €5,906 | +€5,833 | +7990.1% |
| Financial charges | 65/66B | €8,519 | €4,286 | -€4,233 | -49.7% |
| Recurring financial charges | 65 | €5,762 | €4,286 | -€1,476 | -25.6% |
| Non-recurring financial charges | 66B | €2,757 | €0 | -€2,757 | -100.0% |
| Profit (loss) for the period before taxes | 9903 | €916,725 | €78,635 | -€838,090 | -91.4% |
| Income taxes | 67/77 | €249,470 | €21,903 | -€227,567 | -91.2% |
| Profit (loss) for the period | 9904 | €667,255 | €56,733 | -€610,522 | -91.5% |
| Profit (loss) for the period to be appropriated | 9905 | €667,255 | €56,733 | -€610,522 | -91.5% |
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 10 October 2026 via checked.be.