BATIM ART: 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.
BATIM ART
Largest movements
- Receivables within one year +€127,799
up €127,799 (+80.7%), from €158,264 to €286,063
of which Trade receivables: +€105,105
- Cash -€54,108
down €54,108 (-96.6%), from €56,033 to €1,925
mainly Receivables within one year (-€127,799) and Investment in fixed assets (net) (-€8,127)
- Tangible fixed assets -€3,861
down €3,861 (-20.1%), from €19,165 to €15,304
of which Furniture and vehicles: -€7,721
- Profit (loss) carried forward +€46,965
up €46,965 (+41.5%), from €113,195 to €160,160
- Trade debts +€28,173
up €28,173 (+31.9%), from €88,253 to €116,426
- Tax, wage and social debts -€5,461
down €5,461 (-16.9%), from €32,291 to €26,830
of which Remuneration and social security: -€22,934
- Staff costs -€47,505
down €47,505 (-55.7%), from €85,346 to €37,841
- Taxes +€14,209
up €14,209 (+435%), from €3,263 to €17,473
- Depreciation -€7,203
down €7,203 (-37.5%), from €19,191 to €11,988
- Gross operating margin -€4,356
down €4,356 (-3.7%), from €119,160 to €114,804
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 | €235,279 | €304,955 | +€69,677 | +29.6% |
| Fixed assets | 21/28 | €19,165 | €15,304 | -€3,861 | -20.1% |
| Tangible fixed assets | 22/27 | €19,165 | €15,304 | -€3,861 | -20.1% |
| Plant, machinery and equipment | 23 | €10,708 | €14,568 | +€3,860 | +36.0% |
| Furniture and vehicles | 24 | €8,456 | €736 | -€7,721 | -91.3% |
| Current assets | 29/58 | €216,114 | €289,651 | +€73,537 | +34.0% |
| Stocks and contracts in progress | 3 | €1,541 | €1,541 | = | 0.0% |
| Stocks | 30/36 | €1,541 | €1,541 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €158,264 | €286,063 | +€127,799 | +80.7% |
| Trade receivables | 40 | €126,670 | €231,776 | +€105,105 | +83.0% |
| Other amounts receivable | 41 | €31,594 | €54,287 | +€22,693 | +71.8% |
| Cash at bank and in hand | 54/58 | €56,033 | €1,925 | -€54,108 | -96.6% |
| Deferred charges and accrued income | 490/1 | €274 | €121 | -€153 | -55.8% |
| Total equity and liabilities | 10/49 | €235,279 | €304,955 | +€69,677 | +29.6% |
| Equity | 10/15 | €114,695 | €161,660 | +€46,965 | +40.9% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €113,195 | €160,160 | +€46,965 | +41.5% |
| Amounts payable | 17/49 | €120,584 | €143,296 | +€22,712 | +18.8% |
| Amounts payable within one year | 42/48 | €120,584 | €143,296 | +€22,712 | +18.8% |
| Trade debts | 44 | €88,253 | €116,426 | +€28,173 | +31.9% |
| Suppliers | 440/4 | €88,253 | €116,426 | +€28,173 | +31.9% |
| Taxes, remuneration and social security | 45 | €32,291 | €26,830 | -€5,461 | -16.9% |
| Taxes | 450/3 | €2,389 | €19,862 | +€17,473 | +731% |
| Remuneration and social security | 454/9 | €29,902 | €6,968 | -€22,934 | -76.7% |
| Other amounts payable | 47/48 | €40 | €40 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €85,346 | €37,841 | -€47,505 | -55.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,191 | €11,988 | -€7,203 | -37.5% |
| Other operating charges | 640/8 | €1,160 | €400 | -€760 | -65.5% |
| Non-recurring operating charges | 66A | €4,191 | - | -€4,191 | |
| Gross operating margin | 9900 | €119,160 | €114,804 | -€4,356 | -3.7% |
| Operating profit (loss) | 9901 | €9,272 | €64,575 | +€55,304 | +596% |
| Financial income | 75/76B | €11 | €0 | -€11 | -99.1% |
| Recurring financial income | 75 | €11 | €0 | -€11 | -99.1% |
| Financial charges | 65/66B | €278 | €138 | -€140 | -50.5% |
| Recurring financial charges | 65 | €278 | €138 | -€140 | -50.5% |
| Profit (loss) for the period before taxes | 9903 | €9,005 | €64,438 | +€55,433 | +616% |
| Income taxes | 67/77 | €3,263 | €17,473 | +€14,209 | +435% |
| Profit (loss) for the period | 9904 | €5,741 | €46,965 | +€41,224 | +718% |
| Profit (loss) for the period to be appropriated | 9905 | €5,741 | €46,965 | +€41,224 | +718% |
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 27 October 2026 via checked.be.