BATICORE: 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.
BATICORE
Largest movements
- Cash -€29,789
down €29,789 (-40.4%), from €73,804 to €44,015
mainly Contributions, distributions and other (-€58,530) and Debts after one year (-€20,918)
- Receivables within one year +€4,439
up €4,439 (+1,009%), from €440 to €4,879
- Debts after one year -€20,918
down €20,918 (-21.8%), from €95,918 to €75,000
- Advances received -€20,000
no longer reported in 2025 (was €20,000)
- Other debts +€19,484
up €19,484 (+116%), from €16,796 to €36,280
- Profit (loss) carried forward +€14,986
up €14,986 (+10.4%), from €143,553 to €158,539
- Current portion of long-term debt -€14,630
down €14,630 (-41.2%), from €35,548 to €20,918
- Turnover +€29,576
up €29,576 (+20.3%), from €145,474 to €175,050
- Gross operating margin +€24,273
up €24,273 (+31.3%), from €77,491 to €101,764
- Purchases and services +€8,027
up €8,027 (+11.5%), from €69,583 to €77,610
- Taxes +€6,000
up €6,000 (+30.7%), from €19,560 to €25,561
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 | €324,740 | €300,480 | -€24,260 | -7.5% |
| Fixed assets | 21/28 | €250,497 | €251,586 | +€1,089 | +0.4% |
| Tangible fixed assets | 22/27 | €497 | €1,586 | +€1,089 | +219% |
| Furniture and vehicles | 24 | €497 | €1,586 | +€1,089 | +219% |
| Financial fixed assets | 28 | €250,000 | €250,000 | = | 0.0% |
| Current assets | 29/58 | €74,244 | €48,894 | -€25,350 | -34.1% |
| Amounts receivable within one year | 40/41 | €440 | €4,879 | +€4,439 | +1,009% |
| Other amounts receivable | 41 | €440 | €4,879 | +€4,439 | +1,009% |
| Cash at bank and in hand | 54/58 | €73,804 | €44,015 | -€29,789 | -40.4% |
| Total equity and liabilities | 10/49 | €324,740 | €300,480 | -€24,260 | -7.5% |
| Equity | 10/15 | €145,553 | €160,539 | +€14,986 | +10.3% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €143,553 | €158,539 | +€14,986 | +10.4% |
| Amounts payable | 17/49 | €179,187 | €139,941 | -€39,246 | -21.9% |
| Amounts payable after more than one year | 17 | €95,918 | €75,000 | -€20,918 | -21.8% |
| Financial debts | 170/4 | €95,918 | €75,000 | -€20,918 | -21.8% |
| Amounts payable within one year | 42/48 | €83,269 | €64,941 | -€18,328 | -22.0% |
| Current portion of amounts payable after more than one year | 42 | €35,548 | €20,918 | -€14,630 | -41.2% |
| Trade debts | 44 | €161 | €687 | +€526 | +326% |
| Suppliers | 440/4 | €161 | €687 | +€526 | +326% |
| Advances received on contracts in progress | 46 | €20,000 | - | -€20,000 | |
| Taxes, remuneration and social security | 45 | €10,764 | €7,056 | -€3,708 | -34.4% |
| Taxes | 450/3 | €10,764 | €7,056 | -€3,708 | -34.4% |
| Other amounts payable | 47/48 | €16,796 | €36,280 | +€19,484 | +116% |
| Turnover | 70 | €145,474 | €175,050 | +€29,576 | +20.3% |
| Goods, raw materials, services and sundry goods | 60/61 | €69,583 | €77,610 | +€8,027 | +11.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €416 | €1,331 | +€915 | +220% |
| Other operating charges | 640/8 | €605 | €730 | +€125 | +20.6% |
| Gross operating margin | 9900 | €77,491 | €101,764 | +€24,273 | +31.3% |
| Operating profit (loss) | 9901 | €76,470 | €99,704 | +€23,234 | +30.4% |
| Financial charges | 65/66B | €1,090 | €627 | -€463 | -42.4% |
| Recurring financial charges | 65 | €1,090 | €627 | -€463 | -42.4% |
| Profit (loss) for the period before taxes | 9903 | €75,380 | €99,076 | +€23,696 | +31.4% |
| Income taxes | 67/77 | €19,560 | €25,561 | +€6,000 | +30.7% |
| Profit (loss) for the period | 9904 | €55,820 | €73,516 | +€17,696 | +31.7% |
| Profit (loss) for the period to be appropriated | 9905 | €55,820 | €73,516 | +€17,696 | +31.7% |
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 17 October 2026 via checked.be.