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BATIGEST: what changed

Two fiscal 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

BATIGEST

BE 0792.272.046
NACE 68.121, Development of residential building projects
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€8,931
2024 · €9,183-€252
Equity
€14,036
2024 · €5,106+€8,931
Cash
€924
2024 · €5,162-€4,238
Balance sheet total
€42,094
2024 · €17,425+€24,668

Largest movements

2024 to 2025
Assets
  • Receivables within one year +€26,180

    up €26,180 (+251.2%), from €10,422 to €36,603

  • Cash -€4,238

    down €4,238 (-82.1%), from €5,162 to €924

    mainly Receivables within one year (-€26,180) and Investment in fixed assets (net) (-€2,452)

  • Deferred charges and accrued income +€1,418

    up €1,418 (+744.2%), from €190 to €1,608

  • Tangible fixed assets +€1,309

    up €1,309 (+82.1%), from €1,595 to €2,905

Equity and liabilities
  • Profit (loss) carried forward +€8,931

    up €8,931 (+342.8%), from €2,606 to €11,536

  • Tax, wage and social debts +€8,201

    up €8,201 (+78.1%), from €10,505 to €18,706

    of which Taxes: +€7,155

  • Trade debts +€7,536

    up €7,536 (+415.4%), from €1,814 to €9,351

Income statement
  • Gross operating margin +€4,152

    up €4,152 (+36.3%), from €11,454 to €15,607

  • Taxes +€2,914

    up €2,914 (+371.0%), from €785 to €3,699

  • Other operating charges +€910

    up €910 (+235.0%), from €387 to €1,298

  • Depreciation +€780

    up €780 (+214.4%), from €364 to €1,143

  • Financial charges -€254

    down €254 (-32.0%), from €794 to €540

From the 2024 result to the 2025 result

effect on the 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 €9,183
Gross operating margin +€4,152
Depreciation -€780
Other operating charges -€910
Financial income -€55
Financial charges +€254
Taxes -€2,914
Result 2025 €8,931

Cash bridge derived

cash 2024 to 2025

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 -€1,786
Investment -€2,452
Financing €0
Cash 2024 €5,162
Net result for the year +€8,931
Depreciation +€1,143
Receivables within one year -€26,180
Deferred charges and accrued income -€1,418
Trade debts +€7,536
Tax, wage and social debts +€8,201
Investment in fixed assets (net) -€2,452
Cash 2025 €924
Every line side by side 36 lines
Line Code 2024 2025 Change %
Total assets 20/58 €17,425 €42,094 +€24,668 +141.6%
Fixed assets 21/28 €1,650 €2,959 +€1,309 +79.4%
Tangible fixed assets 22/27 €1,595 €2,905 +€1,309 +82.1%
Furniture and vehicles 24 €1,595 €2,905 +€1,309 +82.1%
Financial fixed assets 28 €54 €54 = 0.0%
Current assets 29/58 €15,775 €39,135 +€23,359 +148.1%
Amounts receivable within one year 40/41 €10,422 €36,603 +€26,180 +251.2%
Trade receivables 40 €10,422 €36,603 +€26,180 +251.2%
Cash at bank and in hand 54/58 €5,162 €924 -€4,238 -82.1%
Deferred charges and accrued income 490/1 €190 €1,608 +€1,418 +744.2%
Total equity and liabilities 10/49 €17,425 €42,094 +€24,668 +141.6%
Equity 10/15 €5,106 €14,036 +€8,931 +174.9%
Contributions 10/11 €2,500 €2,500 = 0.0%
Profit (loss) carried forward 14 €2,606 €11,536 +€8,931 +342.8%
Amounts payable 17/49 €12,320 €28,057 +€15,738 +127.7%
Amounts payable within one year 42/48 €12,320 €28,057 +€15,738 +127.7%
Financial debts 43 €0 - =
Credit institutions 430/8 €0 - =
Trade debts 44 €1,814 €9,351 +€7,536 +415.4%
Suppliers 440/4 €1,814 €9,351 +€7,536 +415.4%
Taxes, remuneration and social security 45 €10,505 €18,706 +€8,201 +78.1%
Taxes 450/3 €6,496 €13,652 +€7,155 +110.1%
Remuneration and social security 454/9 €4,009 €5,055 +€1,046 +26.1%
Other amounts payable 47/48 €0 - =
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €364 €1,143 +€780 +214.4%
Other operating charges 640/8 €387 €1,298 +€910 +235.0%
Gross operating margin 9900 €11,454 €15,607 +€4,152 +36.3%
Operating profit (loss) 9901 €10,703 €13,166 +€2,463 +23.0%
Financial income 75/76B €59 €4 -€55 -93.4%
Recurring financial income 75 €59 €4 -€55 -93.4%
Financial charges 65/66B €794 €540 -€254 -32.0%
Recurring financial charges 65 €794 €540 -€254 -32.0%
Profit (loss) for the period before taxes 9903 €9,969 €12,630 +€2,661 +26.7%
Income taxes 67/77 €785 €3,699 +€2,914 +371.0%
Profit (loss) for the period 9904 €9,183 €8,931 -€252 -2.7%
Profit (loss) for the period to be appropriated 9905 €9,183 €8,931 -€252 -2.7%

Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.