BATICOVER: 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.
BATICOVER
Largest movements
- Receivables within one year +€38,361
up €38,361 (+31.7%), from €121,018 to €159,380
of which Trade receivables: +€37,436
- Deferred charges and accrued income -€4,754
down €4,754 (-94.8%), from €5,013 to €259
- Profit (loss) carried forward +€51,793
up €51,793 (+52.3%), from €99,053 to €150,846
- Advances received -€27,879
down €27,879 (-78.1%), from €35,702 to €7,823
- Tax, wage and social debts +€14,667
up €14,667 (+46.2%), from €31,728 to €46,394
- Trade debts -€11,553
down €11,553 (-47.6%), from €24,285 to €12,731
- Other debts +€6,580
up €6,580 (+107%), from €6,122 to €12,701
- Gross operating margin -€60,377
down €60,377 (-48.4%), from €124,723 to €64,346
- Taxes -€23,928
down €23,928 (-75.4%), from €31,728 to €7,800
- Depreciation +€2,088
up €2,088 (+127%), from €1,642 to €3,730
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 | €199,889 | €233,496 | +€33,607 | +16.8% |
| Fixed assets | 21/28 | €12,899 | €12,777 | -€122 | -0.9% |
| Intangible fixed assets | 21 | €1,765 | €1,365 | -€400 | -22.7% |
| Tangible fixed assets | 22/27 | €11,134 | €11,412 | +€278 | +2.5% |
| Plant, machinery and equipment | 23 | €4,005 | €2,492 | -€1,514 | -37.8% |
| Furniture and vehicles | 24 | €7,129 | €5,631 | -€1,498 | -21.0% |
| Other tangible fixed assets | 26 | - | €3,289 | +€3,289 | |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €186,989 | €220,718 | +€33,729 | +18.0% |
| Amounts receivable within one year | 40/41 | €121,018 | €159,380 | +€38,361 | +31.7% |
| Trade receivables | 40 | €116,727 | €154,163 | +€37,436 | +32.1% |
| Other amounts receivable | 41 | €4,291 | €5,217 | +€926 | +21.6% |
| Cash at bank and in hand | 54/58 | €60,958 | €61,080 | +€122 | +0.2% |
| Deferred charges and accrued income | 490/1 | €5,013 | €259 | -€4,754 | -94.8% |
| Total equity and liabilities | 10/49 | €199,889 | €233,496 | +€33,607 | +16.8% |
| Equity | 10/15 | €102,053 | €153,846 | +€51,793 | +50.8% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €99,053 | €150,846 | +€51,793 | +52.3% |
| Amounts payable | 17/49 | €97,836 | €79,650 | -€18,186 | -18.6% |
| Amounts payable within one year | 42/48 | €97,836 | €79,650 | -€18,186 | -18.6% |
| Trade debts | 44 | €24,285 | €12,731 | -€11,553 | -47.6% |
| Suppliers | 440/4 | €24,285 | €12,731 | -€11,553 | -47.6% |
| Advances received on contracts in progress | 46 | €35,702 | €7,823 | -€27,879 | -78.1% |
| Taxes, remuneration and social security | 45 | €31,728 | €46,394 | +€14,667 | +46.2% |
| Taxes | 450/3 | €31,728 | €46,394 | +€14,667 | +46.2% |
| Other amounts payable | 47/48 | €6,122 | €12,701 | +€6,580 | +107% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,642 | €3,730 | +€2,088 | +127% |
| Other operating charges | 640/8 | €1,383 | €589 | -€794 | -57.4% |
| Gross operating margin | 9900 | €124,723 | €64,346 | -€60,377 | -48.4% |
| Operating profit (loss) | 9901 | €121,699 | €60,028 | -€61,671 | -50.7% |
| Financial income | 75/76B | €139 | €212 | +€73 | +52.4% |
| Recurring financial income | 75 | €139 | €212 | +€73 | +52.4% |
| Financial charges | 65/66B | €585 | €647 | +€62 | +10.6% |
| Recurring financial charges | 65 | €585 | €647 | +€62 | +10.6% |
| Profit (loss) for the period before taxes | 9903 | €121,253 | €59,593 | -€61,660 | -50.9% |
| Income taxes | 67/77 | €31,728 | €7,800 | -€23,928 | -75.4% |
| Profit (loss) for the period | 9904 | €89,525 | €51,793 | -€37,732 | -42.1% |
| Profit (loss) for the period to be appropriated | 9905 | €89,525 | €51,793 | -€37,732 | -42.1% |
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 15 October 2026 via checked.be.