BATI-SEB: 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-SEB
Largest movements
- Receivables within one year +€17,797
up €17,797 (+645%), from €2,761 to €20,558
of which Trade receivables: +€17,873
- Tangible fixed assets -€5,892
down €5,892 (-50.7%), from €11,614 to €5,722
of which Furniture and vehicles: -€4,733
- Cash -€1,943
down €1,943 (-9.2%), from €21,224 to €19,281
mainly Receivables within one year (-€17,797) and Contributions, distributions and other (-€17,500)
- Tax, wage and social debts +€5,923
up €5,923 (+161%), from €3,669 to €9,592
- Profit (loss) carried forward +€2,752
up €2,752 (+26.2%), from €10,516 to €13,268
- Trade debts +€1,516
up €1,516 (+106%), from €1,434 to €2,949
- Gross operating margin +€4,714
up €4,714 (+16.0%), from €29,468 to €34,182
- Taxes +€2,519
up €2,519 (+80.7%), from €3,122 to €5,641
- Depreciation +€582
up €582 (+8.4%), from €6,930 to €7,512
- Other operating charges +€403
up €403 (+202%), from €200 to €603
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 | €37,235 | €47,224 | +€9,988 | +26.8% |
| Fixed assets | 21/28 | €12,714 | €6,822 | -€5,892 | -46.3% |
| Tangible fixed assets | 22/27 | €11,614 | €5,722 | -€5,892 | -50.7% |
| Plant, machinery and equipment | 23 | €3,092 | €1,934 | -€1,159 | -37.5% |
| Furniture and vehicles | 24 | €8,522 | €3,788 | -€4,733 | -55.5% |
| Financial fixed assets | 28 | €1,100 | €1,100 | = | 0.0% |
| Current assets | 29/58 | €24,522 | €40,402 | +€15,880 | +64.8% |
| Amounts receivable within one year | 40/41 | €2,761 | €20,558 | +€17,797 | +645% |
| Trade receivables | 40 | €2,685 | €20,558 | +€17,873 | +666% |
| Other amounts receivable | 41 | €76 | €0 | -€76 | -100% |
| Cash at bank and in hand | 54/58 | €21,224 | €19,281 | -€1,943 | -9.2% |
| Deferred charges and accrued income | 490/1 | €537 | €562 | +€26 | +4.8% |
| Total equity and liabilities | 10/49 | €37,235 | €47,224 | +€9,988 | +26.8% |
| Equity | 10/15 | €13,516 | €16,268 | +€2,752 | +20.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €10,516 | €13,268 | +€2,752 | +26.2% |
| Amounts payable | 17/49 | €23,719 | €30,956 | +€7,237 | +30.5% |
| Amounts payable within one year | 42/48 | €23,719 | €30,956 | +€7,237 | +30.5% |
| Trade debts | 44 | €1,434 | €2,949 | +€1,516 | +106% |
| Suppliers | 440/4 | €1,434 | €2,949 | +€1,516 | +106% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €3,669 | €9,592 | +€5,923 | +161% |
| Taxes | 450/3 | €3,669 | €9,592 | +€5,923 | +161% |
| Other amounts payable | 47/48 | €18,617 | €18,415 | -€202 | -1.1% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,930 | €7,512 | +€582 | +8.4% |
| Other operating charges | 640/8 | €200 | €603 | +€403 | +202% |
| Gross operating margin | 9900 | €29,468 | €34,182 | +€4,714 | +16.0% |
| Operating profit (loss) | 9901 | €22,338 | €26,067 | +€3,729 | +16.7% |
| Financial income | 75/76B | €230 | €169 | -€60 | -26.2% |
| Recurring financial income | 75 | €230 | €169 | -€60 | -26.2% |
| Financial charges | 65/66B | €183 | €344 | +€161 | +87.8% |
| Recurring financial charges | 65 | €183 | €344 | +€161 | +87.8% |
| Profit (loss) for the period before taxes | 9903 | €22,385 | €25,893 | +€3,508 | +15.7% |
| Income taxes | 67/77 | €3,122 | €5,641 | +€2,519 | +80.7% |
| Profit (loss) for the period | 9904 | €19,263 | €20,252 | +€989 | +5.1% |
| Profit (loss) for the period to be appropriated | 9905 | €19,263 | €20,252 | +€989 | +5.1% |
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 14 October 2026 via checked.be.