BATICON: 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.
BATICON
Largest movements
- Cash +€242,827
up €242,827 (+546.9%), from €44,398 to €287,225
mainly Net result for the year (+€270,543) and Depreciation (+€95,979)
- Tangible fixed assets -€86,649
down €86,649 (-13.0%), from €665,592 to €578,943
of which Land and buildings: -€45,852
- Receivables within one year +€18,987
up €18,987 (+57.8%), from €32,825 to €51,812
of which Trade receivables: +€20,374
- Reserves +€189,448
up €189,448 (+19.1%), from €991,636 to €1.2m
- Debts after one year -€60,090
down €60,090 (-17.9%), from €336,542 to €276,452
- Other debts +€22,732
up €22,732 (+79.6%), from €28,556 to €51,288
- Tax, wage and social debts +€20,496
up €20,496 (+91.3%), from €22,447 to €42,943
of which Taxes: +€18,693
- Financial income +€267,480
up €267,480 (+4195.5%), from €6,375 to €273,855
- Taxes +€39,311
up €39,311 (+1800.7%), from €2,183 to €41,494
- Gross operating margin +€33,521
up €33,521 (+25.9%), from €129,619 to €163,141
- Financial charges +€11,555
up €11,555 (+178.6%), from €6,468 to €18,023
- Other operating charges +€3,534
up €3,534 (+47.6%), from €7,423 to €10,957
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 | €1,565,018 | €1,731,810 | +€166,792 | +10.7% |
| Fixed assets | 21/28 | €1,058,995 | €972,346 | -€86,649 | -8.2% |
| Tangible fixed assets | 22/27 | €665,592 | €578,943 | -€86,649 | -13.0% |
| Land and buildings | 22 | €226,469 | €180,617 | -€45,852 | -20.2% |
| Plant, machinery and equipment | 23 | €2,603 | €2,205 | -€398 | -15.3% |
| Furniture and vehicles | 24 | €47,426 | €25,225 | -€22,201 | -46.8% |
| Other tangible fixed assets | 26 | €389,094 | €370,897 | -€18,197 | -4.7% |
| Financial fixed assets | 28 | €393,403 | €393,403 | = | 0.0% |
| Current assets | 29/58 | €506,023 | €759,464 | +€253,441 | +50.1% |
| Amounts receivable after more than one year | 29 | €187,021 | €187,021 | = | 0.0% |
| Other amounts receivable | 291 | €187,021 | €187,021 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €32,825 | €51,812 | +€18,987 | +57.8% |
| Trade receivables | 40 | €31,334 | €51,708 | +€20,374 | +65.0% |
| Other amounts receivable | 41 | €1,491 | €104 | -€1,387 | -93.0% |
| Current investments | 50/53 | €237,788 | €227,814 | -€9,973 | -4.2% |
| Cash at bank and in hand | 54/58 | €44,398 | €287,225 | +€242,827 | +546.9% |
| Deferred charges and accrued income | 490/1 | €3,992 | €5,592 | +€1,601 | +40.1% |
| Total equity and liabilities | 10/49 | €1,565,018 | €1,731,810 | +€166,792 | +10.7% |
| Equity | 10/15 | €1,028,934 | €1,218,381 | +€189,448 | +18.4% |
| Contributions | 10/11 | €37,200 | €37,200 | = | 0.0% |
| Reserves | 13 | €991,636 | €1,181,084 | +€189,448 | +19.1% |
| Distributable reserves | 133 | €991,636 | €1,181,084 | +€189,448 | +19.1% |
| Profit (loss) carried forward | 14 | €98 | €98 | = | 0.0% |
| Provisions and deferred taxes | 16 | €68,919 | €68,919 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €68,919 | €68,919 | = | 0.0% |
| Pensions and similar obligations | 160 | €68,919 | €68,919 | = | 0.0% |
| Amounts payable | 17/49 | €467,165 | €444,509 | -€22,656 | -4.8% |
| Amounts payable after more than one year | 17 | €336,542 | €276,452 | -€60,090 | -17.9% |
| Financial debts | 170/4 | €336,542 | €276,452 | -€60,090 | -17.9% |
| Amounts payable within one year | 42/48 | €125,790 | €164,182 | +€38,391 | +30.5% |
| Current portion of amounts payable after more than one year | 42 | €71,314 | €60,090 | -€11,224 | -15.7% |
| Trade debts | 44 | €3,473 | €9,860 | +€6,387 | +183.9% |
| Suppliers | 440/4 | €3,473 | €9,860 | +€6,387 | +183.9% |
| Taxes, remuneration and social security | 45 | €22,447 | €42,943 | +€20,496 | +91.3% |
| Taxes | 450/3 | €22,447 | €41,140 | +€18,693 | +83.3% |
| Remuneration and social security | 454/9 | - | €1,803 | +€1,803 | |
| Other amounts payable | 47/48 | €28,556 | €51,288 | +€22,732 | +79.6% |
| Accrued charges and deferred income | 492/3 | €4,833 | €3,876 | -€957 | -19.8% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €90 | €0 | -€90 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €95,480 | €95,979 | +€498 | +0.5% |
| Other operating charges | 640/8 | €7,423 | €10,957 | +€3,534 | +47.6% |
| Gross operating margin | 9900 | €129,619 | €163,141 | +€33,521 | +25.9% |
| Operating profit (loss) | 9901 | €26,625 | €56,205 | +€29,580 | +111.1% |
| Financial income | 75/76B | €6,375 | €273,855 | +€267,480 | +4195.5% |
| Recurring financial income | 75 | €6,375 | €273,855 | +€267,480 | +4195.5% |
| Financial charges | 65/66B | €6,468 | €18,023 | +€11,555 | +178.6% |
| Recurring financial charges | 65 | €6,468 | €18,023 | +€11,555 | +178.6% |
| Profit (loss) for the period before taxes | 9903 | €26,532 | €312,037 | +€285,505 | +1076.1% |
| Income taxes | 67/77 | €2,183 | €41,494 | +€39,311 | +1800.7% |
| Profit (loss) for the period | 9904 | €24,349 | €270,543 | +€246,194 | +1011.1% |
| Profit (loss) for the period to be appropriated | 9905 | €24,349 | €270,543 | +€246,194 | +1011.1% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.