BATI'S CONSTRUCT: 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'S CONSTRUCT
Largest movements
- Tangible fixed assets -€91,280
down €91,280 (-3.0%), from €3.0m to €2.9m
of which Land and buildings: -€79,863
- Receivables within one year -€85,688
down €85,688 (-29.1%), from €294,707 to €209,018
of which Trade receivables: -€75,242
- Cash -€74,018
down €74,018 (-22.3%), from €332,004 to €257,986
mainly Debts after one year (-€167,297) and Investment in fixed assets (net) (-€60,903)
- Debts after one year -€167,297
down €167,297 (-8.3%), from €2.0m to €1.8m
of which Financial debts: -€157,060
- Profit (loss) carried forward +€82,635
up €82,635 (+94.7%), from €87,243 to €169,878
- Short-term financial debts -€50,000
down €50,000 (-100%), from €50,000 to €0
- Trade debts -€47,043
down €47,043 (-24.7%), from €190,380 to €143,337
- Write-downs -€223,400
down €223,400, from €91,115 to -€132,285
- Other operating charges +€93,660
up €93,660 (+418%), from €22,403 to €116,063
- Gross operating margin -€59,207
down €59,207 (-5.5%), from €1.1m to €1.0m
- Taxes +€19,653
up €19,653 (+282%), from €6,964 to €26,617
- Staff costs -€14,269
down €14,269 (-1.9%), from €733,697 to €719,428
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 | €3,690,675 | €3,444,519 | -€246,157 | -6.7% |
| Fixed assets | 21/28 | €3,035,430 | €2,944,150 | -€91,280 | -3.0% |
| Tangible fixed assets | 22/27 | €3,011,375 | €2,920,094 | -€91,280 | -3.0% |
| Land and buildings | 22 | €2,859,532 | €2,779,669 | -€79,863 | -2.8% |
| Plant, machinery and equipment | 23 | €126,345 | €117,884 | -€8,462 | -6.7% |
| Furniture and vehicles | 24 | €25,497 | €22,542 | -€2,955 | -11.6% |
| Financial fixed assets | 28 | €24,056 | €24,056 | = | 0.0% |
| Current assets | 29/58 | €655,245 | €500,369 | -€154,876 | -23.6% |
| Amounts receivable after more than one year | 29 | €13,200 | €12,450 | -€750 | -5.7% |
| Other amounts receivable | 291 | €13,200 | €12,450 | -€750 | -5.7% |
| Stocks and contracts in progress | 3 | €8,797 | €5,069 | -€3,728 | -42.4% |
| Stocks | 30/36 | €8,797 | €5,069 | -€3,728 | -42.4% |
| Amounts receivable within one year | 40/41 | €294,707 | €209,018 | -€85,688 | -29.1% |
| Trade receivables | 40 | €278,024 | €202,782 | -€75,242 | -27.1% |
| Other amounts receivable | 41 | €16,683 | €6,237 | -€10,446 | -62.6% |
| Current investments | 50/53 | €443 | €443 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €332,004 | €257,986 | -€74,018 | -22.3% |
| Deferred charges and accrued income | 490/1 | €6,094 | €15,402 | +€9,307 | +153% |
| Total equity and liabilities | 10/49 | €3,690,675 | €3,444,519 | -€246,157 | -6.7% |
| Equity | 10/15 | €935,786 | €1,018,421 | +€82,635 | +8.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €829,943 | €829,943 | = | 0.0% |
| Distributable reserves | 133 | €829,943 | €829,943 | = | 0.0% |
| Profit (loss) carried forward | 14 | €87,243 | €169,878 | +€82,635 | +94.7% |
| Amounts payable | 17/49 | €2,754,889 | €2,426,097 | -€328,792 | -11.9% |
| Amounts payable after more than one year | 17 | €2,010,457 | €1,843,159 | -€167,297 | -8.3% |
| Financial debts | 170/4 | €1,615,456 | €1,458,396 | -€157,060 | -9.7% |
| Other amounts payable | 178/9 | €395,001 | €384,763 | -€10,237 | -2.6% |
| Amounts payable within one year | 42/48 | €744,115 | €581,784 | -€162,332 | -21.8% |
| Current portion of amounts payable after more than one year | 42 | €212,691 | €207,060 | -€5,631 | -2.6% |
| Financial debts | 43 | €50,000 | €0 | -€50,000 | -100% |
| Credit institutions | 430/8 | €50,000 | €0 | -€50,000 | -100% |
| Trade debts | 44 | €190,380 | €143,337 | -€47,043 | -24.7% |
| Suppliers | 440/4 | €190,380 | €143,337 | -€47,043 | -24.7% |
| Advances received on contracts in progress | 46 | €167,183 | €131,009 | -€36,173 | -21.6% |
| Taxes, remuneration and social security | 45 | €94,151 | €74,725 | -€19,426 | -20.6% |
| Taxes | 450/3 | €11,060 | €17,125 | +€6,065 | +54.8% |
| Remuneration and social security | 454/9 | €83,091 | €57,601 | -€25,490 | -30.7% |
| Other amounts payable | 47/48 | €29,711 | €25,652 | -€4,059 | -13.7% |
| Accrued charges and deferred income | 492/3 | €317 | €1,154 | +€838 | +264% |
| Remuneration, social security and pensions | 62 | €733,697 | €719,428 | -€14,269 | -1.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €144,252 | €152,183 | +€7,931 | +5.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €91,115 | -€132,285 | -€223,400 | |
| Other operating charges | 640/8 | €22,403 | €116,063 | +€93,660 | +418% |
| Gross operating margin | 9900 | €1,074,699 | €1,015,492 | -€59,207 | -5.5% |
| Operating profit (loss) | 9901 | €83,232 | €160,103 | +€76,871 | +92.4% |
| Financial income | 75/76B | €734 | €1,172 | +€438 | +59.7% |
| Recurring financial income | 75 | €734 | €1,172 | +€438 | +59.7% |
| Financial charges | 65/66B | €61,539 | €52,023 | -€9,516 | -15.5% |
| Recurring financial charges | 65 | €61,539 | €52,023 | -€9,516 | -15.5% |
| Profit (loss) for the period before taxes | 9903 | €22,428 | €109,252 | +€86,824 | +387% |
| Income taxes | 67/77 | €6,964 | €26,617 | +€19,653 | +282% |
| Profit (loss) for the period | 9904 | €15,464 | €82,635 | +€67,171 | +434% |
| Profit (loss) for the period to be appropriated | 9905 | €15,464 | €82,635 | +€67,171 | +434% |
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 13 October 2026 via checked.be.