BATIBEL: 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.
BATIBEL
Largest movements
- Cash +€8,240
up €8,240 (+314%), from €2,623 to €10,863
mainly Debts after one year (+€31,493) and Depreciation (+€19,301)
- Tangible fixed assets +€7,740
up €7,740 (+3.1%), from €253,263 to €261,003
of which Land and buildings: +€10,561
- Receivables within one year -€5,464
down €5,464 (-6.0%), from €90,820 to €85,356
of which Trade receivables: -€7,944
- Debts after one year +€31,493
up €31,493 (+18.3%), from €171,757 to €203,250
of which Other amounts payable: +€25,000
- Profit (loss) carried forward -€12,531
down €12,531 (-22.1%), from -€56,575 to -€69,106
- Trade debts -€8,340
down €8,340 (-71.5%), from €11,671 to €3,331
- Gross operating margin -€26,413
down €26,413 (-64.7%), from €40,798 to €14,385
- Depreciation -€3,529
down €3,529 (-15.5%), from €22,830 to €19,301
- Taxes +€2,000
no longer reported in 2025 (was -€2,000)
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 | €377,295 | €388,847 | +€11,552 | +3.1% |
| Fixed assets | 21/28 | €253,613 | €261,353 | +€7,740 | +3.1% |
| Tangible fixed assets | 22/27 | €253,263 | €261,003 | +€7,740 | +3.1% |
| Land and buildings | 22 | €249,262 | €259,823 | +€10,561 | +4.2% |
| Furniture and vehicles | 24 | €4,001 | €1,180 | -€2,821 | -70.5% |
| Financial fixed assets | 28 | €350 | €350 | = | 0.0% |
| Current assets | 29/58 | €123,682 | €127,494 | +€3,812 | +3.1% |
| Stocks and contracts in progress | 3 | €29,198 | €31,275 | +€2,077 | +7.1% |
| Stocks | 30/36 | €29,198 | €31,275 | +€2,077 | +7.1% |
| Amounts receivable within one year | 40/41 | €90,820 | €85,356 | -€5,464 | -6.0% |
| Trade receivables | 40 | €90,820 | €82,876 | -€7,944 | -8.7% |
| Other amounts receivable | 41 | - | €2,480 | +€2,480 | |
| Cash at bank and in hand | 54/58 | €2,623 | €10,863 | +€8,240 | +314% |
| Deferred charges and accrued income | 490/1 | €1,041 | - | -€1,041 | |
| Total equity and liabilities | 10/49 | €377,295 | €388,847 | +€11,552 | +3.1% |
| Equity | 10/15 | -€28,058 | -€40,589 | -€12,531 | -44.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €9,917 | €9,917 | = | 0.0% |
| Distributable reserves | 133 | €9,917 | €9,917 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€56,575 | -€69,106 | -€12,531 | -22.1% |
| Amounts payable | 17/49 | €405,353 | €429,436 | +€24,083 | +5.9% |
| Amounts payable after more than one year | 17 | €171,757 | €203,250 | +€31,493 | +18.3% |
| Financial debts | 170/4 | €171,757 | €178,250 | +€6,493 | +3.8% |
| Other amounts payable | 178/9 | - | €25,000 | +€25,000 | |
| Amounts payable within one year | 42/48 | €233,596 | €226,186 | -€7,410 | -3.2% |
| Current portion of amounts payable after more than one year | 42 | €25,122 | €26,876 | +€1,754 | +7.0% |
| Trade debts | 44 | €11,671 | €3,331 | -€8,340 | -71.5% |
| Suppliers | 440/4 | €11,671 | €3,331 | -€8,340 | -71.5% |
| Taxes, remuneration and social security | 45 | €884 | €60 | -€825 | -93.3% |
| Taxes | 450/3 | €825 | - | -€825 | |
| Remuneration and social security | 454/9 | €60 | €60 | = | 0.0% |
| Other amounts payable | 47/48 | €195,919 | €195,919 | +€0 | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,830 | €19,301 | -€3,529 | -15.5% |
| Other operating charges | 640/8 | €3,471 | €3,521 | +€50 | +1.4% |
| Gross operating margin | 9900 | €40,798 | €14,385 | -€26,413 | -64.7% |
| Operating profit (loss) | 9901 | €14,497 | -€8,436 | -€22,934 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €4,017 | €4,094 | +€77 | +1.9% |
| Recurring financial charges | 65 | €4,017 | €4,094 | +€77 | +1.9% |
| Profit (loss) for the period before taxes | 9903 | €10,480 | -€12,531 | -€23,011 | |
| Income taxes | 67/77 | -€2,000 | - | +€2,000 | |
| Profit (loss) for the period | 9904 | €12,480 | -€12,531 | -€25,011 | |
| Profit (loss) for the period to be appropriated | 9905 | €12,480 | -€12,531 | -€25,011 |
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.