BatiBeton: what changed
Two fiscal 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.
BatiBeton
Largest movements
- Cash +€482,033
up €482,033 (+130.4%), from €369,624 to €851,657
mainly Debts after one year (+€396,419) and Trade debts (+€333,537)
- Stocks and contracts +€394,461
up €394,461 (+50.0%), from €789,000 to €1.2m
of which Contracts in progress: +€408,461
- Tangible fixed assets +€157,547
up €157,547 (+37.1%), from €424,270 to €581,816
of which Leasing and similar rights: +€206,240
- Receivables within one year -€54,829
down €54,829 (-5.8%), from €952,880 to €898,051
of which Trade receivables: -€160,285
- Formation expenses -€49,973
down €49,973 (-20.0%), from €249,863 to €199,891
- Debts after one year +€396,419
up €396,419 (+164.6%), from €240,785 to €637,204
- Trade debts +€333,537
up €333,537 (+19.7%), from €1.7m to €2.0m
- Current portion of long-term debt +€119,419
up €119,419 (+137.6%), from €86,775 to €206,194
- Profit (loss) carried forward +€72,362
up €72,362, from -€71,104 to €1,258
- Gross operating margin +€313,997
up €313,997 (+90.5%), from €347,055 to €661,052
- Depreciation +€62,558
up €62,558 (+37.7%), from €165,991 to €228,549
- Staff costs -€19,394
down €19,394 (-7.5%), from €259,342 to €239,949
- Financial charges +€16,368
up €16,368 (+32.8%), from €49,909 to €66,276
- Taxes +€10,280
new in 2025: €10,280
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 | €2,810,694 | €3,744,539 | +€933,845 | +33.2% |
| Formation expenses | 20 | €249,863 | €199,891 | -€49,973 | -20.0% |
| Fixed assets | 21/28 | €432,220 | €589,766 | +€157,547 | +36.5% |
| Tangible fixed assets | 22/27 | €424,270 | €581,816 | +€157,547 | +37.1% |
| Plant, machinery and equipment | 23 | €52,510 | €27,849 | -€24,661 | -47.0% |
| Furniture and vehicles | 24 | €59,373 | €35,341 | -€24,032 | -40.5% |
| Leasing and similar rights | 25 | €237,412 | €443,652 | +€206,240 | +86.9% |
| Other tangible fixed assets | 26 | €74,974 | €74,974 | = | 0.0% |
| Financial fixed assets | 28 | €7,950 | €7,950 | = | 0.0% |
| Current assets | 29/58 | €2,128,611 | €2,954,881 | +€826,270 | +38.8% |
| Stocks and contracts in progress | 3 | €789,000 | €1,183,461 | +€394,461 | +50.0% |
| Stocks | 30/36 | €39,000 | €25,000 | -€14,000 | -35.9% |
| Contracts in progress | 37 | €750,000 | €1,158,461 | +€408,461 | +54.5% |
| Amounts receivable within one year | 40/41 | €952,880 | €898,051 | -€54,829 | -5.8% |
| Trade receivables | 40 | €761,217 | €600,931 | -€160,285 | -21.1% |
| Other amounts receivable | 41 | €191,664 | €297,120 | +€105,456 | +55.0% |
| Cash at bank and in hand | 54/58 | €369,624 | €851,657 | +€482,033 | +130.4% |
| Deferred charges and accrued income | 490/1 | €17,107 | €21,712 | +€4,605 | +26.9% |
| Total equity and liabilities | 10/49 | €2,810,694 | €3,744,539 | +€933,845 | +33.2% |
| Equity | 10/15 | €456,723 | €561,085 | +€104,362 | +22.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €521,627 | €553,627 | +€32,000 | +6.1% |
| Distributable reserves | 133 | €521,627 | €553,627 | +€32,000 | +6.1% |
| Profit (loss) carried forward | 14 | -€71,104 | €1,258 | +€72,362 | |
| Amounts payable | 17/49 | €2,353,971 | €3,183,454 | +€829,483 | +35.2% |
| Amounts payable after more than one year | 17 | €240,785 | €637,204 | +€396,419 | +164.6% |
| Financial debts | 170/4 | €240,785 | €637,204 | +€396,419 | +164.6% |
| Amounts payable within one year | 42/48 | €2,109,769 | €2,541,656 | +€431,887 | +20.5% |
| Current portion of amounts payable after more than one year | 42 | €86,775 | €206,194 | +€119,419 | +137.6% |
| Financial debts | 43 | €250,000 | €250,000 | = | 0.0% |
| Credit institutions | 430/8 | €250,000 | €250,000 | = | 0.0% |
| Trade debts | 44 | €1,696,674 | €2,030,211 | +€333,537 | +19.7% |
| Suppliers | 440/4 | €1,696,674 | €2,030,211 | +€333,537 | +19.7% |
| Taxes, remuneration and social security | 45 | €37,950 | €34,634 | -€3,317 | -8.7% |
| Taxes | 450/3 | €9,772 | €10,895 | +€1,124 | +11.5% |
| Remuneration and social security | 454/9 | €28,178 | €23,738 | -€4,440 | -15.8% |
| Other amounts payable | 47/48 | €38,370 | €20,618 | -€17,753 | -46.3% |
| Accrued charges and deferred income | 492/3 | €3,417 | €4,594 | +€1,177 | +34.5% |
| Remuneration, social security and pensions | 62 | €259,342 | €239,949 | -€19,394 | -7.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €165,991 | €228,549 | +€62,558 | +37.7% |
| Other operating charges | 640/8 | €2,713 | €11,646 | +€8,934 | +329.3% |
| Gross operating margin | 9900 | €347,055 | €661,052 | +€313,997 | +90.5% |
| Operating profit (loss) | 9901 | -€80,991 | €180,907 | +€261,898 | |
| Financial income | 75/76B | - | €11 | +€11 | |
| Recurring financial income | 75 | - | €11 | +€11 | |
| Financial charges | 65/66B | €49,909 | €66,276 | +€16,368 | +32.8% |
| Recurring financial charges | 65 | €49,909 | €66,276 | +€16,368 | +32.8% |
| Profit (loss) for the period before taxes | 9903 | -€130,899 | €114,642 | +€245,542 | |
| Income taxes | 67/77 | - | €10,280 | +€10,280 | |
| Profit (loss) for the period | 9904 | -€130,899 | €104,362 | +€235,262 | |
| Profit (loss) for the period to be appropriated | 9905 | -€130,899 | €104,362 | +€235,262 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.