BATIFRANCO: 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.
BATIFRANCO
Largest movements
- Receivables within one year -€45,760
down €45,760 (-62.2%), from €73,601 to €27,841
of which Trade receivables: -€29,959
- Tangible fixed assets -€42,661
down €42,661 (-10.8%), from €396,383 to €353,722
of which Furniture and vehicles: -€28,302
- Cash +€17,455
up €17,455 (+1,879%), from €929 to €18,384
mainly Depreciation (+€47,662) and Receivables within one year (+€45,760)
- Debts after one year -€43,871
down €43,871 (-21.3%), from €205,679 to €161,809
- Advances received -€38,630
no longer reported in 2025 (was €38,630)
- Other debts -€25,680
down €25,680 (-20.6%), from €124,578 to €98,898
- Current portion of long-term debt +€15,198
up €15,198 (+35.3%), from €43,013 to €58,211
- Tax, wage and social debts +€11,900
up €11,900 (+136%), from €8,778 to €20,678
of which Taxes: +€10,495
- Turnover -€70,656
down €70,656 (-12.6%), from €559,080 to €488,424
- Purchases and services -€37,486
down €37,486 (-9.0%), from €415,697 to €378,211
- Gross operating margin -€32,570
down €32,570 (-22.8%), from €142,783 to €110,213
- Staff costs -€29,930
down €29,930 (-44.1%), from €67,868 to €37,938
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 | €514,453 | €444,045 | -€70,408 | -13.7% |
| Fixed assets | 21/28 | €396,840 | €355,156 | -€41,683 | -10.5% |
| Tangible fixed assets | 22/27 | €396,383 | €353,722 | -€42,661 | -10.8% |
| Land and buildings | 22 | €271,911 | €257,232 | -€14,679 | -5.4% |
| Plant, machinery and equipment | 23 | €107 | €1,562 | +€1,455 | +1,363% |
| Furniture and vehicles | 24 | €115,284 | €86,982 | -€28,302 | -24.5% |
| Other tangible fixed assets | 26 | €9,082 | €7,946 | -€1,136 | -12.5% |
| Financial fixed assets | 28 | €456 | €1,434 | +€978 | +214% |
| Current assets | 29/58 | €117,614 | €88,889 | -€28,725 | -24.4% |
| Stocks and contracts in progress | 3 | €43,084 | €42,664 | -€420 | -1.0% |
| Stocks | 30/36 | €43,084 | €42,664 | -€420 | -1.0% |
| Amounts receivable within one year | 40/41 | €73,601 | €27,841 | -€45,760 | -62.2% |
| Trade receivables | 40 | €40,349 | €10,390 | -€29,959 | -74.2% |
| Other amounts receivable | 41 | €33,252 | €17,451 | -€15,801 | -47.5% |
| Cash at bank and in hand | 54/58 | €929 | €18,384 | +€17,455 | +1,879% |
| Total equity and liabilities | 10/49 | €514,453 | €444,045 | -€70,408 | -13.7% |
| Equity | 10/15 | €81,079 | €84,269 | +€3,190 | +3.9% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €21,860 | €21,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €40,627 | €43,817 | +€3,190 | +7.9% |
| Amounts payable | 17/49 | €433,374 | €359,776 | -€73,598 | -17.0% |
| Amounts payable after more than one year | 17 | €205,679 | €161,809 | -€43,871 | -21.3% |
| Financial debts | 170/4 | €205,679 | €161,809 | -€43,871 | -21.3% |
| Amounts payable within one year | 42/48 | €227,695 | €197,968 | -€29,727 | -13.1% |
| Current portion of amounts payable after more than one year | 42 | €43,013 | €58,211 | +€15,198 | +35.3% |
| Financial debts | 43 | €222 | - | -€222 | |
| Credit institutions | 430/8 | €222 | - | -€222 | |
| Trade debts | 44 | €12,473 | €20,180 | +€7,708 | +61.8% |
| Suppliers | 440/4 | €12,473 | €20,180 | +€7,708 | +61.8% |
| Advances received on contracts in progress | 46 | €38,630 | - | -€38,630 | |
| Taxes, remuneration and social security | 45 | €8,778 | €20,678 | +€11,900 | +136% |
| Taxes | 450/3 | €3,645 | €14,140 | +€10,495 | +288% |
| Remuneration and social security | 454/9 | €5,133 | €6,538 | +€1,405 | +27.4% |
| Other amounts payable | 47/48 | €124,578 | €98,898 | -€25,680 | -20.6% |
| Turnover | 70 | €559,080 | €488,424 | -€70,656 | -12.6% |
| Goods, raw materials, services and sundry goods | 60/61 | €415,697 | €378,211 | -€37,486 | -9.0% |
| Remuneration, social security and pensions | 62 | €67,868 | €37,938 | -€29,930 | -44.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €46,253 | €47,662 | +€1,409 | +3.0% |
| Other operating charges | 640/8 | €10,699 | €5,502 | -€5,197 | -48.6% |
| Non-recurring operating charges | 66A | €570 | - | -€570 | |
| Gross operating margin | 9900 | €142,783 | €110,213 | -€32,570 | -22.8% |
| Operating profit (loss) | 9901 | €17,393 | €19,110 | +€1,717 | +9.9% |
| Financial income | 75/76B | €1 | €49 | +€48 | +4,771% |
| Recurring financial income | 75 | €1 | €49 | +€48 | +4,771% |
| Financial charges | 65/66B | €9,208 | €10,209 | +€1,002 | +10.9% |
| Recurring financial charges | 65 | €9,208 | €10,209 | +€1,002 | +10.9% |
| Profit (loss) for the period before taxes | 9903 | €8,187 | €8,949 | +€763 | +9.3% |
| Income taxes | 67/77 | €3,207 | €5,759 | +€2,552 | +79.6% |
| Profit (loss) for the period | 9904 | €4,980 | €3,190 | -€1,790 | -35.9% |
| Profit (loss) for the period to be appropriated | 9905 | €4,980 | €3,190 | -€1,790 | -35.9% |
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.