BATIFUSION: 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.
BATIFUSION
Largest movements
- Tangible fixed assets +€82,484
up €82,484 (+49.9%), from €165,265 to €247,749
of which Land and buildings: +€98,051
- Receivables within one year -€12,582
down €12,582 (-26.6%), from €47,325 to €34,743
of which Trade receivables: -€14,515
- Cash +€6,713
up €6,713 (+31.0%), from €21,670 to €28,383
mainly Debts after one year (+€64,383) and Depreciation (+€22,516)
- Debts after one year +€64,383
up €64,383 (+46.7%), from €137,866 to €202,250
- Other debts +€14,570
up €14,570 (+472.7%), from €3,083 to €17,652
- Current portion of long-term debt +€5,854
up €5,854 (+27.6%), from €21,209 to €27,063
- Reserves -€5,000
down €5,000 (-5.6%), from €90,000 to €85,000
- Other operating charges +€13,584
up €13,584 (+1145.5%), from €1,186 to €14,770
- Gross operating margin +€11,034
up €11,034 (+22.1%), from €49,937 to €60,972
- Depreciation +€5,505
up €5,505 (+32.4%), from €17,011 to €22,516
- Taxes -€2,119
down €2,119 (-39.2%), from €5,400 to €3,281
- Financial charges +€1,913
up €1,913 (+23.1%), from €8,264 to €10,177
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 | €263,220 | €341,248 | +€78,027 | +29.6% |
| Fixed assets | 21/28 | €166,265 | €248,749 | +€82,484 | +49.6% |
| Tangible fixed assets | 22/27 | €165,265 | €247,749 | +€82,484 | +49.9% |
| Land and buildings | 22 | €126,525 | €224,576 | +€98,051 | +77.5% |
| Plant, machinery and equipment | 23 | €13,891 | €9,761 | -€4,130 | -29.7% |
| Furniture and vehicles | 24 | €24,849 | €13,413 | -€11,436 | -46.0% |
| Financial fixed assets | 28 | €1,000 | €1,000 | = | 0.0% |
| Current assets | 29/58 | €96,955 | €92,498 | -€4,457 | -4.6% |
| Stocks and contracts in progress | 3 | €27,960 | €29,372 | +€1,412 | +5.1% |
| Stocks | 30/36 | €27,960 | €29,372 | +€1,412 | +5.1% |
| Amounts receivable within one year | 40/41 | €47,325 | €34,743 | -€12,582 | -26.6% |
| Trade receivables | 40 | €30,286 | €15,772 | -€14,515 | -47.9% |
| Other amounts receivable | 41 | €17,039 | €18,972 | +€1,933 | +11.3% |
| Cash at bank and in hand | 54/58 | €21,670 | €28,383 | +€6,713 | +31.0% |
| Total equity and liabilities | 10/49 | €263,220 | €341,248 | +€78,027 | +29.6% |
| Equity | 10/15 | €96,535 | €91,977 | -€4,558 | -4.7% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Reserves | 13 | €90,000 | €85,000 | -€5,000 | -5.6% |
| Distributable reserves | 133 | €90,000 | €85,000 | -€5,000 | -5.6% |
| Profit (loss) carried forward | 14 | €535 | €977 | +€442 | +82.5% |
| Amounts payable | 17/49 | €166,685 | €249,270 | +€82,585 | +49.5% |
| Amounts payable after more than one year | 17 | €137,866 | €202,250 | +€64,383 | +46.7% |
| Financial debts | 170/4 | €137,866 | €202,250 | +€64,383 | +46.7% |
| Amounts payable within one year | 42/48 | €28,819 | €47,021 | +€18,202 | +63.2% |
| Current portion of amounts payable after more than one year | 42 | €21,209 | €27,063 | +€5,854 | +27.6% |
| Trade debts | 44 | €4,528 | €2,305 | -€2,222 | -49.1% |
| Suppliers | 440/4 | €4,528 | €2,305 | -€2,222 | -49.1% |
| Other amounts payable | 47/48 | €3,083 | €17,652 | +€14,570 | +472.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,011 | €22,516 | +€5,505 | +32.4% |
| Other operating charges | 640/8 | €1,186 | €14,770 | +€13,584 | +1145.5% |
| Gross operating margin | 9900 | €49,937 | €60,972 | +€11,034 | +22.1% |
| Operating profit (loss) | 9901 | €31,741 | €23,685 | -€8,055 | -25.4% |
| Financial income | 75/76B | - | €214 | +€214 | |
| Recurring financial income | 75 | - | €214 | +€214 | |
| Financial charges | 65/66B | €8,264 | €10,177 | +€1,913 | +23.1% |
| Recurring financial charges | 65 | €8,264 | €10,177 | +€1,913 | +23.1% |
| Profit (loss) for the period before taxes | 9903 | €23,477 | €13,722 | -€9,754 | -41.5% |
| Income taxes | 67/77 | €5,400 | €3,281 | -€2,119 | -39.2% |
| Profit (loss) for the period | 9904 | €18,077 | €10,442 | -€7,635 | -42.2% |
| Profit (loss) for the period to be appropriated | 9905 | €18,077 | €10,442 | -€7,635 | -42.2% |
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 10 October 2026 via checked.be.