BATICO: 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.
What changed
BATICO
NACE 68.121, Development of residential building projects
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€51,145
2024 · €32,028+€19,117
Equity
€3.4m
2024 · €3.4m+€51,145
Cash
€323,325
2024 · €457,044-€133,719
Balance sheet total
€64.1m
2024 · €70.6m-€6.5m
Largest movements
Assets
- Stocks and contracts -€4.3m
down €4.3m (-7.2%), from €59.3m to €55.0m
- Receivables within one year -€2.2m
down €2.2m (-32.7%), from €6.6m to €4.4m
of which Other amounts receivable: -€2.2m
Equity and liabilities
- Short-term financial debts -€3.6m
down €3.6m (-6.2%), from €57.7m to €54.2m
- Other debts -€2.0m
down €2.0m (-37.4%), from €5.2m to €3.3m
Income statement
- Goods and materials +€2.8m
up €2.8m (+55.6%), from €5.0m to €7.8m
of which Change in stocks: decrease (increase): +€6.3m
- Financial charges -€2.2m
down €2.2m (-42.8%), from €5.1m to €2.9m
- Services and other goods -€1.2m
down €1.2m (-53.4%), from €2.2m to €1.0m
- Turnover -€582,972
down €582,972 (-4.6%), from €12.5m to €12.0m
- Other operating income -€208,335
down €208,335 (-86.2%), from €241,565 to €33,230
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.
Result 2024
€32,028
Turnover
-€582,972
Other operating income
-€208,335
Goods and materials
-€2.8m
Services and other goods
+€1.2m
Staff costs
+€142,260
Depreciation
+€8,469
Provisions
+€11,658
Other operating charges
-€9,542
Other operating items
+€6,110
Financial income
+€35,410
Financial charges
+€2.2m
Taxes
-€14,512
Result 2025
€51,145
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.
From operations
+€3.5m
Investment
+€57,983
Financing
-€3.7m
Cash 2024
€457,044
From operations (derived)
+€3.5m
Net result for the year
+€51,145
Depreciation
+€93,402
Stocks and contracts
+€4.3m
Receivables within one year
+€2.2m
Deferred charges and accrued income
-€214,485
Provisions
-€20,516
Trade debts
-€705,632
Tax, wage and social debts
-€162,074
Other debts
-€2.0m
Accrued charges and deferred income
+€24,273
Investment (derived)
+€57,983
Investment in fixed assets (net)
-€5,009
Current investments
+€62,992
Financing
-€3.7m
Debts after one year
-€169,511
Current portion of long-term debt
+€2,980
Short-term financial debts
-€3.6m
Cash 2025
€323,325
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €70,643,011 | €64,142,510 | -€6.5m | -9.2% |
| Fixed assets | 21/28 | €3,200,570 | €3,112,177 | -€88,393 | -2.8% |
| Tangible fixed assets | 22/27 | €628,618 | €540,225 | -€88,393 | -14.1% |
| Land and buildings | 22 | €530,490 | €469,120 | -€61,370 | -11.6% |
| Plant, machinery and equipment | 23 | €11,149 | €8,011 | -€3,138 | -28.1% |
| Furniture and vehicles | 24 | €86,980 | €63,095 | -€23,885 | -27.5% |
| Financial fixed assets | 28 | €2,571,952 | €2,571,952 | = | 0.0% |
| Affiliated companies | 280/1 | €2,568,131 | €2,568,131 | = | 0.0% |
| Participating interests | 280 | €2,568,131 | €2,568,131 | = | 0.0% |
| Other financial fixed assets | 284/8 | €3,821 | €3,821 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €3,821 | €3,821 | = | 0.0% |
| Current assets | 29/58 | €67,442,441 | €61,030,332 | -€6.4m | -9.5% |
| Stocks and contracts in progress | 3 | €59,279,133 | €55,009,363 | -€4.3m | -7.2% |
| Stocks | 30/36 | €59,279,133 | €55,009,363 | -€4.3m | -7.2% |
| Goods purchased for resale | 34 | €59,279,133 | €55,009,363 | -€4.3m | -7.2% |
| Amounts receivable within one year | 40/41 | €6,597,498 | €4,437,386 | -€2.2m | -32.7% |
| Trade receivables | 40 | €21,245 | €16,218 | -€5,027 | -23.7% |
| Other amounts receivable | 41 | €6,576,253 | €4,421,167 | -€2.2m | -32.8% |
| Current investments | 50/53 | €694,728 | €631,736 | -€62,992 | -9.1% |
| Other investments | 51/53 | €694,728 | €631,736 | -€62,992 | -9.1% |
| Cash at bank and in hand | 54/58 | €457,044 | €323,325 | -€133,719 | -29.3% |
| Deferred charges and accrued income | 490/1 | €414,038 | €628,522 | +€214,485 | +51.8% |
| Total equity and liabilities | 10/49 | €70,643,011 | €64,142,510 | -€6.5m | -9.2% |
| Equity | 10/15 | €3,354,319 | €3,405,465 | +€51,145 | +1.5% |
| Contributions | 10/11 | €1,181,205 | €1,181,205 | = | 0.0% |
| Outside capital | 11 | €1,181,205 | €1,181,205 | = | 0.0% |
| Other | 1109/19 | €1,181,205 | €1,181,205 | = | 0.0% |
| Reserves | 13 | €771,337 | €771,337 | = | 0.0% |
| Tax-exempt reserves | 132 | €36,046 | €36,046 | = | 0.0% |
| Distributable reserves | 133 | €735,291 | €735,291 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,401,777 | €1,452,923 | +€51,145 | +3.6% |
| Provisions and deferred taxes | 16 | €413,834 | €393,318 | -€20,516 | -5.0% |
| Provisions for liabilities and charges | 160/5 | €413,834 | €393,318 | -€20,516 | -5.0% |
| Other liabilities and charges | 164/5 | €413,834 | €393,318 | -€20,516 | -5.0% |
| Amounts payable | 17/49 | €66,874,858 | €60,343,727 | -€6.5m | -9.8% |
| Amounts payable after more than one year | 17 | €2,185,652 | €2,016,141 | -€169,511 | -7.8% |
| Financial debts | 170/4 | €2,185,652 | €2,016,141 | -€169,511 | -7.8% |
| Credit institutions | 173 | €435,652 | €266,141 | -€169,511 | -38.9% |
| Other loans | 174 | €1,750,000 | €1,750,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €64,374,140 | €57,988,246 | -€6.4m | -9.9% |
| Current portion of amounts payable after more than one year | 42 | €166,530 | €169,511 | +€2,980 | +1.8% |
| Financial debts | 43 | €57,742,117 | €54,172,411 | -€3.6m | -6.2% |
| Credit institutions | 430/8 | €57,742,117 | €54,172,411 | -€3.6m | -6.2% |
| Trade debts | 44 | €829,467 | €123,835 | -€705,632 | -85.1% |
| Suppliers | 440/4 | €829,467 | €123,835 | -€705,632 | -85.1% |
| Taxes, remuneration and social security | 45 | €412,797 | €250,723 | -€162,074 | -39.3% |
| Taxes | 450/3 | €412,797 | €246,190 | -€166,607 | -40.4% |
| Remuneration and social security | 454/9 | - | €4,533 | +€4,533 | |
| Other amounts payable | 47/48 | €5,223,228 | €3,271,766 | -€2.0m | -37.4% |
| Accrued charges and deferred income | 492/3 | €315,066 | €339,340 | +€24,273 | +7.7% |
| Operating income | 70/76A | €12,785,765 | €11,994,458 | -€791,307 | -6.2% |
| Turnover | 70 | €12,544,201 | €11,961,229 | -€582,972 | -4.6% |
| Other operating income | 74 | €241,565 | €33,230 | -€208,335 | -86.2% |
| Operating charges | 60/66A | €7,839,611 | €9,250,783 | +€1.4m | +18.0% |
| Goods for resale, raw materials and consumables | 60 | €4,984,838 | €7,754,977 | +€2.8m | +55.6% |
| Purchases | 600/8 | €7,059,659 | €3,485,207 | -€3.6m | -50.6% |
| Change in stocks: decrease (increase) | 609 | -€2,074,821 | €4,269,770 | +€6.3m | |
| Services and other goods | 61 | €2,246,628 | €1,046,617 | -€1.2m | -53.4% |
| Remuneration, social security and pensions | 62 | €370,737 | €228,477 | -€142,260 | -38.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €101,871 | €93,402 | -€8,469 | -8.3% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €60,828 | €49,170 | -€11,658 | -19.2% |
| Other operating charges | 640/8 | €68,598 | €78,140 | +€9,542 | +13.9% |
| Non-recurring operating charges | 66A | €6,110 | - | -€6,110 | |
| Operating profit (loss) | 9901 | €4,946,154 | €2,743,675 | -€2.2m | -44.5% |
| Financial income | 75/76B | €258,285 | €293,696 | +€35,410 | +13.7% |
| Recurring financial income | 75 | €213,706 | €224,010 | +€10,304 | +4.8% |
| Income from financial fixed assets | 750 | €203,011 | €214,325 | +€11,314 | +5.6% |
| Income from current assets | 751 | €113 | - | -€113 | |
| Other financial income | 752/9 | €10,582 | €9,686 | -€896 | -8.5% |
| Non-recurring financial income | 76B | €44,579 | €69,685 | +€25,106 | +56.3% |
| Financial charges | 65/66B | €5,147,152 | €2,946,455 | -€2.2m | -42.8% |
| Recurring financial charges | 65 | €5,147,152 | €2,946,455 | -€2.2m | -42.8% |
| Debt charges | 650 | €4,886,136 | €2,759,062 | -€2.1m | -43.5% |
| Other financial charges | 652/9 | €261,017 | €187,393 | -€73,624 | -28.2% |
| Profit (loss) for the period before taxes | 9903 | €57,287 | €90,916 | +€33,629 | +58.7% |
| Income taxes | 67/77 | €25,259 | €39,771 | +€14,512 | +57.5% |
| Taxes | 670/3 | €25,259 | €39,771 | +€14,512 | +57.5% |
| Profit (loss) for the period | 9904 | €32,028 | €51,145 | +€19,117 | +59.7% |
| Profit (loss) for the period to be appropriated | 9905 | €32,028 | €51,145 | +€19,117 | +59.7% |
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 1 October 2026 via checked.be.