BATI-ZYGI: 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-ZYGI
Largest movements
- Cash -€28,778
down €28,778 (-92.4%), from €31,130 to €2,352
mainly Trade debts (-€30,634) and Tax, wage and social debts (-€26,247)
- Receivables within one year -€23,370
down €23,370 (-5.5%), from €427,175 to €403,805
of which Trade receivables: -€12,733
- Tangible fixed assets -€10,239
down €10,239 (-22.5%), from €45,507 to €35,268
- Stocks and contracts -€7,850
no longer reported in 2025 (was €7,850)
- Trade debts -€30,634
down €30,634 (-15.4%), from €199,081 to €168,447
- Tax, wage and social debts -€26,247
down €26,247 (-60.1%), from €43,696 to €17,449
of which Taxes: -€21,791
- Debts after one year -€8,298
down €8,298 (-34.4%), from €24,155 to €15,857
- Profit (loss) carried forward -€5,145
down €5,145 (-57.4%), from -€8,959 to -€14,105
- Taxes +€16,586
up €16,586 (+369%), from €4,495 to €21,081
- Gross operating margin +€15,876
up €15,876 (+66.7%), from €23,811 to €39,688
- Other operating charges +€6,361
up €6,361 (+355%), from €1,793 to €8,154
- Depreciation +€4,232
up €4,232 (+48.4%), from €8,752 to €12,984
- Financial charges -€2,266
down €2,266 (-46.0%), from €4,923 to €2,657
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 | €513,094 | €445,202 | -€67,892 | -13.2% |
| Fixed assets | 21/28 | €46,507 | €36,268 | -€10,239 | -22.0% |
| Tangible fixed assets | 22/27 | €45,507 | €35,268 | -€10,239 | -22.5% |
| Furniture and vehicles | 24 | €45,507 | €35,268 | -€10,239 | -22.5% |
| Financial fixed assets | 28 | €1,000 | €1,000 | = | 0.0% |
| Current assets | 29/58 | €466,587 | €408,934 | -€57,652 | -12.4% |
| Stocks and contracts in progress | 3 | €7,850 | - | -€7,850 | |
| Stocks | 30/36 | €7,850 | - | -€7,850 | |
| Amounts receivable within one year | 40/41 | €427,175 | €403,805 | -€23,370 | -5.5% |
| Trade receivables | 40 | €379,294 | €366,561 | -€12,733 | -3.4% |
| Other amounts receivable | 41 | €47,881 | €37,244 | -€10,637 | -22.2% |
| Cash at bank and in hand | 54/58 | €31,130 | €2,352 | -€28,778 | -92.4% |
| Deferred charges and accrued income | 490/1 | €432 | €2,777 | +€2,345 | +543% |
| Total equity and liabilities | 10/49 | €513,094 | €445,202 | -€67,892 | -13.2% |
| Equity | 10/15 | €238,369 | €233,224 | -€5,145 | -2.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €228,728 | €228,728 | = | 0.0% |
| Tax-exempt reserves | 132 | €147,350 | €147,350 | = | 0.0% |
| Distributable reserves | 133 | €81,378 | €81,378 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€8,959 | -€14,105 | -€5,145 | -57.4% |
| Amounts payable | 17/49 | €274,725 | €211,979 | -€62,746 | -22.8% |
| Amounts payable after more than one year | 17 | €24,155 | €15,857 | -€8,298 | -34.4% |
| Financial debts | 170/4 | €24,155 | €15,857 | -€8,298 | -34.4% |
| Amounts payable within one year | 42/48 | €250,570 | €196,122 | -€54,448 | -21.7% |
| Current portion of amounts payable after more than one year | 42 | €7,792 | €8,298 | +€506 | +6.5% |
| Financial debts | 43 | - | €1,927 | +€1,927 | |
| Credit institutions | 430/8 | - | €1,927 | +€1,927 | |
| Trade debts | 44 | €199,081 | €168,447 | -€30,634 | -15.4% |
| Suppliers | 440/4 | €199,081 | €168,447 | -€30,634 | -15.4% |
| Taxes, remuneration and social security | 45 | €43,696 | €17,449 | -€26,247 | -60.1% |
| Taxes | 450/3 | €39,240 | €17,449 | -€21,791 | -55.5% |
| Remuneration and social security | 454/9 | €4,456 | - | -€4,456 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,752 | €12,984 | +€4,232 | +48.4% |
| Other operating charges | 640/8 | €1,793 | €8,154 | +€6,361 | +355% |
| Gross operating margin | 9900 | €23,811 | €39,688 | +€15,876 | +66.7% |
| Operating profit (loss) | 9901 | €13,266 | €18,550 | +€5,283 | +39.8% |
| Financial income | 75/76B | €2,207 | €43 | -€2,164 | -98.1% |
| Recurring financial income | 75 | €2,207 | €43 | -€2,164 | -98.1% |
| Financial charges | 65/66B | €4,923 | €2,657 | -€2,266 | -46.0% |
| Recurring financial charges | 65 | €4,923 | €2,657 | -€2,266 | -46.0% |
| Profit (loss) for the period before taxes | 9903 | €10,551 | €15,936 | +€5,385 | +51.0% |
| Income taxes | 67/77 | €4,495 | €21,081 | +€16,586 | +369% |
| Profit (loss) for the period | 9904 | €6,056 | -€5,145 | -€11,201 | |
| Profit (loss) for the period to be appropriated | 9905 | €6,056 | -€5,145 | -€11,201 |
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 25 October 2026 via checked.be.