Batibrique: 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.
Batibrique
Largest movements
- Cash -€1.3m
down €1.3m (-67.6%), from €1.9m to €624,248
mainly Debts after one year (-€1.1m) and Other debts (-€264,035)
- Tangible fixed assets -€360,064
down €360,064 (-19.1%), from €1.9m to €1.5m
of which Land and buildings: -€282,447
- Debts after one year -€1.1m
down €1.1m (-45.5%), from €2.3m to €1.3m
- Reserves -€296,436
down €296,436 (-72.8%), from €407,026 to €110,589
of which Tax-exempt reserves: -€296,436
- Other debts -€264,035
no longer reported in 2025 (was €264,035)
- Provisions -€98,812
no longer reported in 2025 (was €98,812)
- Accrued charges and deferred income -€90,596
down €90,596 (-100.0%), from €90,636 to €39
- Gross operating margin -€118,409
down €118,409 (-8.8%), from €1.3m to €1.2m
- Other operating charges -€67,419
down €67,419 (-35.5%), from €189,871 to €122,451
- Depreciation -€57,764
down €57,764 (-34.0%), from €169,934 to €112,170
- Financial charges -€34,530
down €34,530 (-24.9%), from €138,653 to €104,123
of which Financial charges: -€20,013
- Financial income -€31,184
down €31,184 (-20.0%), from €156,185 to €125,001
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 | €5,680,754 | €3,920,383 | -€1.8m | -31.0% |
| Fixed assets | 21/28 | €1,890,241 | €1,530,177 | -€360,064 | -19.0% |
| Tangible fixed assets | 22/27 | €1,885,666 | €1,525,601 | -€360,064 | -19.1% |
| Land and buildings | 22 | €1,610,063 | €1,327,616 | -€282,447 | -17.5% |
| Plant, machinery and equipment | 23 | €16,828 | €4,405 | -€12,423 | -73.8% |
| Furniture and vehicles | 24 | €258,775 | €193,580 | -€65,194 | -25.2% |
| Financial fixed assets | 28 | €4,576 | €4,576 | = | 0.0% |
| Current assets | 29/58 | €3,790,513 | €2,390,206 | -€1.4m | -36.9% |
| Stocks and contracts in progress | 3 | €1,298,894 | €1,276,976 | -€21,918 | -1.7% |
| Stocks | 30/36 | €1,298,894 | €1,276,976 | -€21,918 | -1.7% |
| Amounts receivable within one year | 40/41 | €482,513 | €442,733 | -€39,780 | -8.2% |
| Trade receivables | 40 | €434,394 | €401,457 | -€32,937 | -7.6% |
| Other amounts receivable | 41 | €48,119 | €41,276 | -€6,843 | -14.2% |
| Cash at bank and in hand | 54/58 | €1,924,968 | €624,248 | -€1.3m | -67.6% |
| Deferred charges and accrued income | 490/1 | €84,137 | €46,249 | -€37,888 | -45.0% |
| Total equity and liabilities | 10/49 | €5,680,754 | €3,920,383 | -€1.8m | -31.0% |
| Equity | 10/15 | €2,339,641 | €2,095,856 | -€243,785 | -10.4% |
| Contributions | 10/11 | €201,736 | €201,736 | = | 0.0% |
| Reserves | 13 | €407,026 | €110,589 | -€296,436 | -72.8% |
| Tax-exempt reserves | 132 | €376,936 | €80,500 | -€296,436 | -78.6% |
| Distributable reserves | 133 | €30,089 | €30,089 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,716,248 | €1,781,540 | +€65,292 | +3.8% |
| Investment grants | 15 | €14,632 | €1,991 | -€12,641 | -86.4% |
| Provisions and deferred taxes | 16 | €98,812 | - | -€98,812 | |
| Deferred taxes | 168 | €98,812 | - | -€98,812 | |
| Amounts payable | 17/49 | €3,242,301 | €1,824,527 | -€1.4m | -43.7% |
| Amounts payable after more than one year | 17 | €2,329,355 | €1,269,719 | -€1.1m | -45.5% |
| Financial debts | 170/4 | €2,329,355 | €1,269,719 | -€1.1m | -45.5% |
| Amounts payable within one year | 42/48 | €822,310 | €554,768 | -€267,542 | -32.5% |
| Current portion of amounts payable after more than one year | 42 | €110,685 | €59,636 | -€51,049 | -46.1% |
| Trade debts | 44 | €298,063 | €316,541 | +€18,479 | +6.2% |
| Suppliers | 440/4 | €298,063 | €316,541 | +€18,479 | +6.2% |
| Advances received on contracts in progress | 46 | €22,403 | €18,766 | -€3,637 | -16.2% |
| Taxes, remuneration and social security | 45 | €127,125 | €159,825 | +€32,700 | +25.7% |
| Taxes | 450/3 | €39,059 | €33,541 | -€5,518 | -14.1% |
| Remuneration and social security | 454/9 | €88,066 | €126,284 | +€38,219 | +43.4% |
| Other amounts payable | 47/48 | €264,035 | - | -€264,035 | |
| Accrued charges and deferred income | 492/3 | €90,636 | €39 | -€90,596 | -100.0% |
| Non-recurring operating income | 76A | €13,781 | €35,751 | +€21,970 | +159% |
| Remuneration, social security and pensions | 62 | €957,495 | €934,207 | -€23,288 | -2.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €169,934 | €112,170 | -€57,764 | -34.0% |
| Other operating charges | 640/8 | €189,871 | €122,451 | -€67,419 | -35.5% |
| Non-recurring operating charges | 66A | €11,550 | €383,072 | +€371,522 | +3,217% |
| Gross operating margin | 9900 | €1,345,086 | €1,226,677 | -€118,409 | -8.8% |
| Operating profit (loss) | 9901 | €16,237 | -€325,223 | -€341,460 | |
| Financial income | 75/76B | €156,185 | €125,001 | -€31,184 | -20.0% |
| Recurring financial income | 75 | €156,185 | €125,001 | -€31,184 | -20.0% |
| Financial charges | 65/66B | €138,653 | €104,123 | -€34,530 | -24.9% |
| Recurring financial charges | 65 | €124,136 | €104,123 | -€20,013 | -16.1% |
| Non-recurring financial charges | 66B | €14,517 | - | -€14,517 | |
| Profit (loss) for the period before taxes | 9903 | €33,768 | -€304,345 | -€338,114 | |
| Transfer from deferred taxes | 780 | €22,696 | €98,812 | +€76,116 | +335% |
| Income taxes | 67/77 | €39,759 | €25,611 | -€14,148 | -35.6% |
| Profit (loss) for the period | 9904 | €16,705 | -€231,144 | -€247,849 | |
| Transfer from tax-exempt reserves | 789 | €68,087 | €296,436 | +€228,349 | +335% |
| Profit (loss) for the period to be appropriated | 9905 | €84,792 | €65,292 | -€19,499 | -23.0% |
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 24 October 2026 via checked.be.