Batilex: 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.
Batilex
Largest movements
- Tangible fixed assets -€22,602
down €22,602 (-41.5%), from €54,473 to €31,871
of which Furniture and vehicles: -€11,771
- Cash -€6,680
down €6,680 (-33.0%), from €20,234 to €13,555
mainly Tax, wage and social debts (-€9,742) and Debts after one year (-€9,157)
- Stocks and contracts +€5,842
new in 2025: €5,842
- Deferred charges and accrued income -€5,746
down €5,746 (-81.9%), from €7,014 to €1,269
- Financial fixed assets -€5,373
down €5,373 (-93.7%), from €5,736 to €363
- Tax, wage and social debts -€9,742
down €9,742 (-62.8%), from €15,517 to €5,775
of which Remuneration and social security: -€10,677
- Debts after one year -€9,157
down €9,157 (-65.1%), from €14,061 to €4,904
- Advances received -€7,800
down €7,800 (-100.0%), from €7,800 to €0
- Current portion of long-term debt -€6,211
down €6,211 (-40.4%), from €15,368 to €9,157
- Trade debts -€3,827
down €3,827 (-70.6%), from €5,418 to €1,591
- Gross operating margin -€175,093
down €175,093 (-70.4%), from €248,709 to €73,616
- Staff costs -€156,222
down €156,222 (-77.5%), from €201,706 to €45,484
- Depreciation -€5,775
down €5,775 (-24.1%), from €23,963 to €18,188
- Taxes -€3,362
down €3,362 (-64.8%), from €5,187 to €1,825
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 | €128,066 | €95,278 | -€32,787 | -25.6% |
| Fixed assets | 21/28 | €60,210 | €32,234 | -€27,976 | -46.5% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €54,473 | €31,871 | -€22,602 | -41.5% |
| Plant, machinery and equipment | 23 | €24,684 | €13,853 | -€10,831 | -43.9% |
| Furniture and vehicles | 24 | €29,790 | €18,018 | -€11,771 | -39.5% |
| Financial fixed assets | 28 | €5,736 | €363 | -€5,373 | -93.7% |
| Current assets | 29/58 | €67,856 | €63,044 | -€4,812 | -7.1% |
| Stocks and contracts in progress | 3 | - | €5,842 | +€5,842 | |
| Stocks | 30/36 | - | €5,842 | +€5,842 | |
| Amounts receivable within one year | 40/41 | €40,607 | €42,379 | +€1,771 | +4.4% |
| Trade receivables | 40 | €20,023 | €37,815 | +€17,792 | +88.9% |
| Other amounts receivable | 41 | €20,584 | €4,564 | -€16,021 | -77.8% |
| Cash at bank and in hand | 54/58 | €20,234 | €13,555 | -€6,680 | -33.0% |
| Deferred charges and accrued income | 490/1 | €7,014 | €1,269 | -€5,746 | -81.9% |
| Total equity and liabilities | 10/49 | €128,066 | €95,278 | -€32,787 | -25.6% |
| Equity | 10/15 | €54,902 | €58,178 | +€3,275 | +6.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €51,902 | €55,178 | +€3,275 | +6.3% |
| Distributable reserves | 133 | €51,902 | €55,178 | +€3,275 | +6.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €73,163 | €37,101 | -€36,063 | -49.3% |
| Amounts payable after more than one year | 17 | €14,061 | €4,904 | -€9,157 | -65.1% |
| Financial debts | 170/4 | €14,061 | €4,904 | -€9,157 | -65.1% |
| Amounts payable within one year | 42/48 | €59,102 | €30,609 | -€28,494 | -48.2% |
| Current portion of amounts payable after more than one year | 42 | €15,368 | €9,157 | -€6,211 | -40.4% |
| Trade debts | 44 | €5,418 | €1,591 | -€3,827 | -70.6% |
| Suppliers | 440/4 | €5,418 | €1,591 | -€3,827 | -70.6% |
| Advances received on contracts in progress | 46 | €7,800 | €0 | -€7,800 | -100.0% |
| Taxes, remuneration and social security | 45 | €15,517 | €5,775 | -€9,742 | -62.8% |
| Taxes | 450/3 | €2,160 | €3,095 | +€935 | +43.3% |
| Remuneration and social security | 454/9 | €13,357 | €2,680 | -€10,677 | -79.9% |
| Other amounts payable | 47/48 | €15,000 | €14,086 | -€914 | -6.1% |
| Accrued charges and deferred income | 492/3 | - | €1,588 | +€1,588 | |
| Non-recurring operating income | 76A | €0 | €24,735 | +€24,735 | |
| Remuneration, social security and pensions | 62 | €201,706 | €45,484 | -€156,222 | -77.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,963 | €18,188 | -€5,775 | -24.1% |
| Other operating charges | 640/8 | €1,475 | €1,768 | +€293 | +19.8% |
| Non-recurring operating charges | 66A | €0 | €1,149 | +€1,149 | |
| Gross operating margin | 9900 | €248,709 | €73,616 | -€175,093 | -70.4% |
| Operating profit (loss) | 9901 | €21,565 | €7,027 | -€14,538 | -67.4% |
| Financial income | 75/76B | €420 | €260 | -€160 | -38.2% |
| Recurring financial income | 75 | €420 | €260 | -€160 | -38.2% |
| Financial charges | 65/66B | €2,145 | €2,187 | +€42 | +2.0% |
| Recurring financial charges | 65 | €2,145 | €2,187 | +€42 | +2.0% |
| Profit (loss) for the period before taxes | 9903 | €19,840 | €5,100 | -€14,740 | -74.3% |
| Income taxes | 67/77 | €5,187 | €1,825 | -€3,362 | -64.8% |
| Profit (loss) for the period | 9904 | €14,653 | €3,275 | -€11,378 | -77.6% |
| Profit (loss) for the period to be appropriated | 9905 | €14,653 | €3,275 | -€11,378 | -77.6% |
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 9 October 2026 via checked.be.