BATILINE: 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
BATILINE
NACE 70.200, Business and other management consultancy
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€155,030
2024 · €54,928+€100,102
Equity
€624,577
2024 · €469,547+€155,030
Cash
€91,933
2024 · €81,600+€10,333
Balance sheet total
€1.3m
2024 · €1.2m+€142,360
Largest movements
Assets
- Current investments +€500,000
new in 2025: €500,000
- Tangible fixed assets -€357,366
down €357,366 (-34.1%), from €1.0m to €690,844
of which Land and buildings: -€395,774
Equity and liabilities
- Reserves +€155,030
up €155,030 (+110.7%), from €140,047 to €295,077
of which Distributable reserves: +€159,912
- Tax, wage and social debts +€24,302
up €24,302 (+582.3%), from €4,174 to €28,476
- Debts after one year -€22,064
down €22,064 (-3.9%), from €565,386 to €543,322
of which Financial debts: -€18,612
Income statement
- Gross operating margin +€168,205
up €168,205 (+133.6%), from €125,901 to €294,106
- Taxes +€71,557
up €71,557 (+1987.7%), from €3,600 to €75,157
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.
Result 2024
€54,928
Gross operating margin
+€168,205
Depreciation
+€1,790
Other operating charges
+€2,615
Financial income
+€98
Financial charges
-€1,049
Taxes
-€71,557
Result 2025
€155,030
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.
From operations
+€220,944
Investment
-€188,910
Financing
-€21,701
Cash 2024
€81,600
From operations (derived)
+€220,944
Net result for the year
+€155,030
Depreciation
+€46,276
Receivables within one year
+€8,006
Deferred charges and accrued income
+€2,601
Provisions
-€1,627
Trade debts
+€3,708
Tax, wage and social debts
+€24,302
Other debts
-€12,557
Accrued charges and deferred income
-€4,794
Investment (derived)
-€188,910
Investment in fixed assets (net)
+€311,090
Current investments
-€500,000
Financing
-€21,701
Debts after one year
-€22,064
Current portion of long-term debt
+€363
Cash 2025
€91,933
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,157,702 | €1,300,063 | +€142,360 | +12.3% |
| Fixed assets | 21/28 | €1,048,210 | €690,844 | -€357,366 | -34.1% |
| Tangible fixed assets | 22/27 | €1,048,210 | €690,844 | -€357,366 | -34.1% |
| Land and buildings | 22 | €1,041,961 | €646,187 | -€395,774 | -38.0% |
| Plant, machinery and equipment | 23 | €1,681 | €1,337 | -€344 | -20.5% |
| Furniture and vehicles | 24 | €4,568 | €43,320 | +€38,752 | +848.3% |
| Other tangible fixed assets | 26 | €0 | €0 | = | |
| Current assets | 29/58 | €109,493 | €609,219 | +€499,726 | +456.4% |
| Amounts receivable within one year | 40/41 | €23,655 | €15,649 | -€8,006 | -33.8% |
| Trade receivables | 40 | €23,000 | €15,624 | -€7,376 | -32.1% |
| Other amounts receivable | 41 | €655 | €26 | -€629 | -96.1% |
| Current investments | 50/53 | - | €500,000 | +€500,000 | |
| Cash at bank and in hand | 54/58 | €81,600 | €91,933 | +€10,333 | +12.7% |
| Deferred charges and accrued income | 490/1 | €4,237 | €1,637 | -€2,601 | -61.4% |
| Total equity and liabilities | 10/49 | €1,157,702 | €1,300,063 | +€142,360 | +12.3% |
| Equity | 10/15 | €469,547 | €624,577 | +€155,030 | +33.0% |
| Contributions | 10/11 | €329,500 | €329,500 | = | 0.0% |
| Reserves | 13 | €140,047 | €295,077 | +€155,030 | +110.7% |
| Tax-exempt reserves | 132 | €101,915 | €97,033 | -€4,882 | -4.8% |
| Distributable reserves | 133 | €38,132 | €198,044 | +€159,912 | +419.4% |
| Provisions and deferred taxes | 16 | €24,981 | €23,353 | -€1,627 | -6.5% |
| Deferred taxes | 168 | €24,981 | €23,353 | -€1,627 | -6.5% |
| Amounts payable | 17/49 | €663,175 | €652,133 | -€11,042 | -1.7% |
| Amounts payable after more than one year | 17 | €565,386 | €543,322 | -€22,064 | -3.9% |
| Financial debts | 170/4 | €558,764 | €540,152 | -€18,612 | -3.3% |
| Other amounts payable | 178/9 | €6,622 | €3,170 | -€3,452 | -52.1% |
| Amounts payable within one year | 42/48 | €89,199 | €105,015 | +€15,816 | +17.7% |
| Current portion of amounts payable after more than one year | 42 | €18,249 | €18,612 | +€363 | +2.0% |
| Trade debts | 44 | €4,575 | €8,282 | +€3,708 | +81.1% |
| Suppliers | 440/4 | €4,575 | €8,282 | +€3,708 | +81.1% |
| Taxes, remuneration and social security | 45 | €4,174 | €28,476 | +€24,302 | +582.3% |
| Taxes | 450/3 | €4,174 | €28,476 | +€24,302 | +582.3% |
| Other amounts payable | 47/48 | €62,202 | €49,644 | -€12,557 | -20.2% |
| Accrued charges and deferred income | 492/3 | €8,590 | €3,796 | -€4,794 | -55.8% |
| Non-recurring operating income | 76A | - | €198,878 | +€198,878 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €48,066 | €46,276 | -€1,790 | -3.7% |
| Other operating charges | 640/8 | €8,902 | €6,287 | -€2,615 | -29.4% |
| Gross operating margin | 9900 | €125,901 | €294,106 | +€168,205 | +133.6% |
| Operating profit (loss) | 9901 | €68,933 | €241,543 | +€172,610 | +250.4% |
| Financial income | 75/76B | €27 | €125 | +€98 | +363.4% |
| Recurring financial income | 75 | €27 | €125 | +€98 | +363.4% |
| Financial charges | 65/66B | €12,059 | €13,108 | +€1,049 | +8.7% |
| Recurring financial charges | 65 | €12,059 | €13,108 | +€1,049 | +8.7% |
| Profit (loss) for the period before taxes | 9903 | €56,901 | €228,560 | +€171,659 | +301.7% |
| Transfer from deferred taxes | 780 | €1,627 | €1,627 | = | 0.0% |
| Income taxes | 67/77 | €3,600 | €75,157 | +€71,557 | +1987.7% |
| Profit (loss) for the period | 9904 | €54,928 | €155,030 | +€100,102 | +182.2% |
| Transfer from tax-exempt reserves | 789 | €4,882 | €4,882 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €59,810 | €159,912 | +€100,102 | +167.4% |
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 8 October 2026 via checked.be.