BATIDAS: 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.
What changed
BATIDAS
NACE 41.001, General construction of residential buildings
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€61,731
2024 · €24,710+€37,022
Equity
€338,859
2024 · €278,985+€59,874
Cash
€26,801
2024 · €18,561+€8,239
Balance sheet total
€3.2m
2024 · €2.6m+€594,173
Largest movements
Assets
- Tangible fixed assets +€323,637
up €323,637 (+14.6%), from €2.2m to €2.5m
of which Land and buildings: +€310,090
- Receivables within one year +€258,916
up €258,916 (+118%), from €219,756 to €478,672
of which Trade receivables: +€278,313
Equity and liabilities
- Trade debts +€337,481
up €337,481 (+128%), from €264,502 to €601,983
- Debts after one year +€218,542
up €218,542 (+13.1%), from €1.7m to €1.9m
- Other debts -€123,177
down €123,177 (-72.9%), from €168,900 to €45,723
- Profit (loss) carried forward +€61,731
up €61,731 (+106%), from €58,353 to €120,084
- Tax, wage and social debts +€54,343
up €54,343 (+80.5%), from €67,523 to €121,866
of which Remuneration and social security: +€55,320
Income statement
- Gross operating margin +€184,608
up €184,608 (+35.5%), from €519,777 to €704,384
- Staff costs +€64,976
up €64,976 (+20.4%), from €318,831 to €383,807
- Depreciation +€55,976
up €55,976 (+62.7%), from €89,210 to €145,186
- Financial charges +€34,310
up €34,310 (+64.9%), from €52,860 to €87,170
- Other operating charges -€26,746
down €26,746 (-66.9%), from €39,988 to €13,242
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
€24,710
Gross operating margin
+€184,608
Staff costs
-€64,976
Depreciation
-€55,976
Other operating charges
+€26,746
Other operating items
-€16,709
Financial income
-€1,377
Financial charges
-€34,310
Deferred taxes and other
-€984
Result 2025
€61,731
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€239,553
Investment
-€471,144
Financing
+€239,830
Cash 2024
€18,561
From operations (derived)
+€239,553
Net result for the year
+€61,731
Depreciation
+€145,186
Stocks and contracts
-€9,556
Receivables within one year
-€258,916
Deferred charges and accrued income
+€8,496
Provisions
-€619
Trade debts
+€337,481
Tax, wage and social debts
+€54,343
Advances received
+€6,506
Other debts
-€123,177
Accrued charges and deferred income
+€18,078
Investment (derived)
-€471,144
Investment in fixed assets (net)
-€471,144
Financing
+€239,830
Debts after one year
+€218,542
Current portion of long-term debt
+€23,146
Contributions, distributions and other
-€1,857
Cash 2025
€26,801
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,566,586 | €3,160,759 | +€594,173 | +23.2% |
| Fixed assets | 21/28 | €2,219,696 | €2,545,654 | +€325,958 | +14.7% |
| Intangible fixed assets | 21 | €4,817 | €2,888 | -€1,929 | -40.0% |
| Tangible fixed assets | 22/27 | €2,213,746 | €2,537,383 | +€323,637 | +14.6% |
| Land and buildings | 22 | €2,178,545 | €2,488,635 | +€310,090 | +14.2% |
| Plant, machinery and equipment | 23 | €13,648 | €25,448 | +€11,801 | +86.5% |
| Furniture and vehicles | 24 | €21,553 | €23,300 | +€1,747 | +8.1% |
| Financial fixed assets | 28 | €1,133 | €5,383 | +€4,250 | +375% |
| Current assets | 29/58 | €346,890 | €615,104 | +€268,215 | +77.3% |
| Stocks and contracts in progress | 3 | €68,016 | €77,572 | +€9,556 | +14.0% |
| Stocks | 30/36 | €68,016 | €77,572 | +€9,556 | +14.0% |
| Amounts receivable within one year | 40/41 | €219,756 | €478,672 | +€258,916 | +118% |
| Trade receivables | 40 | €178,941 | €457,254 | +€278,313 | +156% |
| Other amounts receivable | 41 | €40,815 | €21,418 | -€19,397 | -47.5% |
| Cash at bank and in hand | 54/58 | €18,561 | €26,801 | +€8,239 | +44.4% |
| Deferred charges and accrued income | 490/1 | €40,556 | €32,060 | -€8,496 | -20.9% |
| Total equity and liabilities | 10/49 | €2,566,586 | €3,160,759 | +€594,173 | +23.2% |
| Equity | 10/15 | €278,985 | €338,859 | +€59,874 | +21.5% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €171,100 | €171,100 | = | 0.0% |
| Tax-exempt reserves | 132 | €42,100 | €42,100 | = | 0.0% |
| Distributable reserves | 133 | €129,000 | €129,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €58,353 | €120,084 | +€61,731 | +106% |
| Investment grants | 15 | €29,532 | €27,675 | -€1,857 | -6.3% |
| Provisions and deferred taxes | 16 | €9,844 | €9,225 | -€619 | -6.3% |
| Deferred taxes | 168 | €9,844 | €9,225 | -€619 | -6.3% |
| Amounts payable | 17/49 | €2,277,757 | €2,812,674 | +€534,918 | +23.5% |
| Amounts payable after more than one year | 17 | €1,669,404 | €1,887,945 | +€218,542 | +13.1% |
| Financial debts | 170/4 | €1,669,404 | €1,887,945 | +€218,542 | +13.1% |
| Amounts payable within one year | 42/48 | €599,956 | €898,254 | +€298,298 | +49.7% |
| Current portion of amounts payable after more than one year | 42 | €99,030 | €122,175 | +€23,146 | +23.4% |
| Trade debts | 44 | €264,502 | €601,983 | +€337,481 | +128% |
| Suppliers | 440/4 | €264,502 | €601,983 | +€337,481 | +128% |
| Advances received on contracts in progress | 46 | €0 | €6,506 | +€6,506 | |
| Taxes, remuneration and social security | 45 | €67,523 | €121,866 | +€54,343 | +80.5% |
| Taxes | 450/3 | €10,966 | €9,988 | -€978 | -8.9% |
| Remuneration and social security | 454/9 | €56,558 | €111,878 | +€55,320 | +97.8% |
| Other amounts payable | 47/48 | €168,900 | €45,723 | -€123,177 | -72.9% |
| Accrued charges and deferred income | 492/3 | €8,397 | €26,475 | +€18,078 | +215% |
| Non-recurring operating income | 76A | €6,721 | €1,772 | -€4,949 | -73.6% |
| Remuneration, social security and pensions | 62 | €318,831 | €383,807 | +€64,976 | +20.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €89,210 | €145,186 | +€55,976 | +62.7% |
| Other operating charges | 640/8 | €39,988 | €13,242 | -€26,746 | -66.9% |
| Non-recurring operating charges | 66A | €597 | €17,306 | +€16,709 | +2,798% |
| Gross operating margin | 9900 | €519,777 | €704,384 | +€184,608 | +35.5% |
| Operating profit (loss) | 9901 | €71,150 | €144,843 | +€73,693 | +104% |
| Financial income | 75/76B | €4,816 | €3,439 | -€1,377 | -28.6% |
| Recurring financial income | 75 | €4,816 | €3,439 | -€1,377 | -28.6% |
| Financial charges | 65/66B | €52,860 | €87,170 | +€34,310 | +64.9% |
| Recurring financial charges | 65 | €52,860 | €87,170 | +€34,310 | +64.9% |
| Profit (loss) for the period before taxes | 9903 | €23,107 | €61,112 | +€38,005 | +164% |
| Transfer from deferred taxes | 780 | €1,603 | €619 | -€984 | -61.4% |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | €24,710 | €61,731 | +€37,022 | +150% |
| Transfer to tax-exempt reserves | 689 | €0 | - | = | |
| Profit (loss) for the period to be appropriated | 9905 | €24,710 | €61,731 | +€37,022 | +150% |
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 16 October 2026 via checked.be.