BATIGOLD: 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.
BATIGOLD
Largest movements
- Cash -€108,792
down €108,792 (-59.3%), from €183,435 to €74,643
mainly Net result for the year (-€52,972) and Receivables within one year (-€40,520)
- Receivables within one year +€40,520
up €40,520 (+263.3%), from €15,390 to €55,910
of which Trade receivables: +€39,835
- Tangible fixed assets +€12,438
up €12,438 (+26.9%), from €46,317 to €58,755
of which Furniture and vehicles: +€12,957
- Deferred charges and accrued income +€5,283
up €5,283 (+185.3%), from €2,851 to €8,134
- Profit (loss) carried forward -€52,972
down €52,972 (-61.0%), from €86,896 to €33,924
- Trade debts +€10,589
up €10,589 (+361.5%), from €2,929 to €13,518
- Tax, wage and social debts -€8,719
down €8,719 (-15.4%), from €56,472 to €47,753
of which Taxes: -€10,707
- Gross operating margin -€101,335
down €101,335 (-31.8%), from €319,154 to €217,819
- Taxes -€30,155
down €30,155 (-98.3%), from €30,689 to €534
- Staff costs +€29,171
up €29,171 (+13.9%), from €209,488 to €238,659
- Depreciation +€6,534
up €6,534 (+41.3%), from €15,814 to €22,348
- Other operating charges +€5,741
up €5,741 (+192.5%), from €2,982 to €8,723
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 | €247,993 | €197,442 | -€50,551 | -20.4% |
| Fixed assets | 21/28 | €46,317 | €58,755 | +€12,438 | +26.9% |
| Tangible fixed assets | 22/27 | €46,317 | €58,755 | +€12,438 | +26.9% |
| Plant, machinery and equipment | 23 | €30,093 | €29,574 | -€519 | -1.7% |
| Furniture and vehicles | 24 | €16,224 | €29,181 | +€12,957 | +79.9% |
| Current assets | 29/58 | €201,676 | €138,687 | -€62,989 | -31.2% |
| Amounts receivable within one year | 40/41 | €15,390 | €55,910 | +€40,520 | +263.3% |
| Trade receivables | 40 | €3,702 | €43,537 | +€39,835 | +1076.0% |
| Other amounts receivable | 41 | €11,688 | €12,373 | +€685 | +5.9% |
| Cash at bank and in hand | 54/58 | €183,435 | €74,643 | -€108,792 | -59.3% |
| Deferred charges and accrued income | 490/1 | €2,851 | €8,134 | +€5,283 | +185.3% |
| Total equity and liabilities | 10/49 | €247,993 | €197,442 | -€50,551 | -20.4% |
| Equity | 10/15 | €188,592 | €135,620 | -€52,972 | -28.1% |
| Contributions | 10/11 | €18,750 | €18,750 | = | 0.0% |
| Reserves | 13 | €82,946 | €82,946 | = | 0.0% |
| Distributable reserves | 133 | €82,946 | €82,946 | = | 0.0% |
| Profit (loss) carried forward | 14 | €86,896 | €33,924 | -€52,972 | -61.0% |
| Amounts payable | 17/49 | €59,401 | €61,822 | +€2,421 | +4.1% |
| Amounts payable within one year | 42/48 | €59,401 | €61,822 | +€2,421 | +4.1% |
| Trade debts | 44 | €2,929 | €13,518 | +€10,589 | +361.5% |
| Suppliers | 440/4 | €2,929 | €13,518 | +€10,589 | +361.5% |
| Taxes, remuneration and social security | 45 | €56,472 | €47,753 | -€8,719 | -15.4% |
| Taxes | 450/3 | €37,670 | €26,963 | -€10,707 | -28.4% |
| Remuneration and social security | 454/9 | €18,802 | €20,790 | +€1,988 | +10.6% |
| Other amounts payable | 47/48 | - | €551 | +€551 | |
| Remuneration, social security and pensions | 62 | €209,488 | €238,659 | +€29,171 | +13.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,814 | €22,348 | +€6,534 | +41.3% |
| Other operating charges | 640/8 | €2,982 | €8,723 | +€5,741 | +192.5% |
| Non-recurring operating charges | 66A | €329 | - | -€329 | |
| Gross operating margin | 9900 | €319,154 | €217,819 | -€101,335 | -31.8% |
| Operating profit (loss) | 9901 | €90,541 | -€51,911 | -€142,452 | |
| Financial income | 75/76B | €844 | - | -€844 | |
| Recurring financial income | 75 | €844 | - | -€844 | |
| Financial charges | 65/66B | €632 | €527 | -€105 | -16.6% |
| Recurring financial charges | 65 | €632 | €527 | -€105 | -16.6% |
| Profit (loss) for the period before taxes | 9903 | €90,753 | -€52,438 | -€143,191 | |
| Income taxes | 67/77 | €30,689 | €534 | -€30,155 | -98.3% |
| Profit (loss) for the period | 9904 | €60,064 | -€52,972 | -€113,036 | |
| Profit (loss) for the period to be appropriated | 9905 | €60,064 | -€52,972 | -€113,036 |
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 7 October 2026 via checked.be.