BATIGAUME: 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.
BATIGAUME
Largest movements
- Stocks and contracts -€37,774
down €37,774 (-35.0%), from €107,927 to €70,153
- Tangible fixed assets -€32,310
down €32,310 (-53.4%), from €60,539 to €28,229
- Receivables within one year +€7,563
up €7,563 (+6.2%), from €121,695 to €129,258
of which Other amounts receivable: +€4,801
- Cash +€4,381
up €4,381 (+53.2%), from €8,228 to €12,609
mainly Stocks and contracts (+€37,774) and Depreciation (+€28,238)
- Trade debts -€70,631
down €70,631 (-38.6%), from €183,031 to €112,400
- Short-term financial debts +€25,000
up €25,000 (+100%), from €25,000 to €50,000
- Profit (loss) carried forward +€11,100
up €11,100 (+96.5%), from €11,500 to €22,600
- Current portion of long-term debt -€11,087
down €11,087 (-56.3%), from €19,682 to €8,595
- Debts after one year -€8,596
down €8,596 (-60.3%), from €14,249 to €5,653
- Staff costs -€84,583
down €84,583 (-20.6%), from €409,940 to €325,357
- Gross operating margin -€77,140
down €77,140 (-16.5%), from €466,925 to €389,785
- Depreciation -€24,329
down €24,329 (-46.3%), from €52,567 to €28,238
- Write-downs +€4,837
new in 2025: €4,837
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 | €312,166 | €250,755 | -€61,411 | -19.7% |
| Formation expenses | 20 | €287 | - | -€287 | |
| Fixed assets | 21/28 | €63,539 | €31,229 | -€32,310 | -50.9% |
| Tangible fixed assets | 22/27 | €60,539 | €28,229 | -€32,310 | -53.4% |
| Plant, machinery and equipment | 23 | €18,079 | €9,941 | -€8,138 | -45.0% |
| Furniture and vehicles | 24 | €10,471 | €1,966 | -€8,505 | -81.2% |
| Leasing and similar rights | 25 | €31,989 | €16,322 | -€15,667 | -49.0% |
| Financial fixed assets | 28 | €3,000 | €3,000 | = | 0.0% |
| Current assets | 29/58 | €248,340 | €219,526 | -€28,814 | -11.6% |
| Stocks and contracts in progress | 3 | €107,927 | €70,153 | -€37,774 | -35.0% |
| Stocks | 30/36 | €107,927 | €70,153 | -€37,774 | -35.0% |
| Amounts receivable within one year | 40/41 | €121,695 | €129,258 | +€7,563 | +6.2% |
| Trade receivables | 40 | €120,881 | €123,643 | +€2,762 | +2.3% |
| Other amounts receivable | 41 | €814 | €5,615 | +€4,801 | +590% |
| Cash at bank and in hand | 54/58 | €8,228 | €12,609 | +€4,381 | +53.2% |
| Deferred charges and accrued income | 490/1 | €10,490 | €7,506 | -€2,984 | -28.4% |
| Total equity and liabilities | 10/49 | €312,166 | €250,755 | -€61,411 | -19.7% |
| Equity | 10/15 | €31,500 | €42,600 | +€11,100 | +35.2% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €11,500 | €22,600 | +€11,100 | +96.5% |
| Amounts payable | 17/49 | €280,666 | €208,155 | -€72,511 | -25.8% |
| Amounts payable after more than one year | 17 | €14,249 | €5,653 | -€8,596 | -60.3% |
| Financial debts | 170/4 | €14,249 | €5,653 | -€8,596 | -60.3% |
| Amounts payable within one year | 42/48 | €266,417 | €202,502 | -€63,915 | -24.0% |
| Current portion of amounts payable after more than one year | 42 | €19,682 | €8,595 | -€11,087 | -56.3% |
| Financial debts | 43 | €25,000 | €50,000 | +€25,000 | +100% |
| Credit institutions | 430/8 | €25,000 | €50,000 | +€25,000 | +100% |
| Trade debts | 44 | €183,031 | €112,400 | -€70,631 | -38.6% |
| Suppliers | 440/4 | €183,031 | €112,400 | -€70,631 | -38.6% |
| Advances received on contracts in progress | 46 | €685 | - | -€685 | |
| Taxes, remuneration and social security | 45 | €36,303 | €31,507 | -€4,796 | -13.2% |
| Taxes | 450/3 | €28,299 | €14,731 | -€13,568 | -47.9% |
| Remuneration and social security | 454/9 | €8,004 | €16,776 | +€8,772 | +110% |
| Other amounts payable | 47/48 | €1,716 | - | -€1,716 | |
| Remuneration, social security and pensions | 62 | €409,940 | €325,357 | -€84,583 | -20.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €52,567 | €28,238 | -€24,329 | -46.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €4,837 | +€4,837 | |
| Other operating charges | 640/8 | €810 | €5,288 | +€4,478 | +553% |
| Non-recurring operating charges | 66A | €75 | €1,964 | +€1,889 | +2,519% |
| Gross operating margin | 9900 | €466,925 | €389,785 | -€77,140 | -16.5% |
| Operating profit (loss) | 9901 | €3,533 | €24,101 | +€20,568 | +582% |
| Financial income | 75/76B | €2,335 | €1,442 | -€893 | -38.2% |
| Recurring financial income | 75 | €2,335 | €1,442 | -€893 | -38.2% |
| Financial charges | 65/66B | €12,716 | €9,284 | -€3,432 | -27.0% |
| Recurring financial charges | 65 | €12,716 | €9,284 | -€3,432 | -27.0% |
| Profit (loss) for the period before taxes | 9903 | -€6,848 | €16,259 | +€23,107 | |
| Income taxes | 67/77 | €932 | €5,159 | +€4,227 | +454% |
| Profit (loss) for the period | 9904 | -€7,780 | €11,100 | +€18,880 | |
| Profit (loss) for the period to be appropriated | 9905 | -€7,780 | €11,100 | +€18,880 |
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 18 October 2026 via checked.be.