BATIMEDO: 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.
BATIMEDO
Largest movements
- Receivables within one year -€80,886
down €80,886 (-57.5%), from €140,783 to €59,897
of which Trade receivables: -€83,694
- Tangible fixed assets +€17,080
new in 2025: €17,080
- Cash -€10,403
down €10,403 (-48.3%), from €21,543 to €11,139
mainly Accrued charges and deferred income (-€49,004) and Trade debts (-€30,339)
- Financial fixed assets -€2,390
down €2,390 (-60.4%), from €3,957 to €1,567
- Accrued charges and deferred income -€49,004
down €49,004 (-74.2%), from €66,004 to €17,000
- Trade debts -€30,339
down €30,339 (-45.7%), from €66,416 to €36,077
- Profit (loss) carried forward +€17,962
up €17,962 (+9619.6%), from €187 to €18,148
- Tax, wage and social debts -€11,311
down €11,311 (-60.8%), from €18,604 to €7,293
of which Taxes: -€11,111
- Other debts -€4,705
down €4,705 (-31.7%), from €14,834 to €10,129
- Other operating charges -€31,563
down €31,563 (-91.4%), from €34,537 to €2,974
- Staff costs +€6,966
new in 2025: €6,966
- Depreciation +€5,910
new in 2025: €5,910
- Taxes +€4,002
up €4,002 (+197.3%), from €2,028 to €6,030
- Gross operating margin +€1,442
up €1,442 (+3.7%), from €38,642 to €40,084
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 | €168,046 | €90,648 | -€77,398 | -46.1% |
| Fixed assets | 21/28 | €3,957 | €18,647 | +€14,690 | +371.2% |
| Tangible fixed assets | 22/27 | - | €17,080 | +€17,080 | |
| Furniture and vehicles | 24 | - | €17,080 | +€17,080 | |
| Financial fixed assets | 28 | €3,957 | €1,567 | -€2,390 | -60.4% |
| Current assets | 29/58 | €164,089 | €72,001 | -€92,088 | -56.1% |
| Amounts receivable within one year | 40/41 | €140,783 | €59,897 | -€80,886 | -57.5% |
| Trade receivables | 40 | €140,783 | €57,089 | -€83,694 | -59.4% |
| Other amounts receivable | 41 | - | €2,808 | +€2,808 | |
| Cash at bank and in hand | 54/58 | €21,543 | €11,139 | -€10,403 | -48.3% |
| Deferred charges and accrued income | 490/1 | €1,763 | €964 | -€799 | -45.3% |
| Total equity and liabilities | 10/49 | €168,046 | €90,648 | -€77,398 | -46.1% |
| Equity | 10/15 | €2,187 | €20,148 | +€17,962 | +821.4% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €187 | €18,148 | +€17,962 | +9619.6% |
| Amounts payable | 17/49 | €165,859 | €70,499 | -€95,360 | -57.5% |
| Amounts payable within one year | 42/48 | €99,855 | €53,499 | -€46,355 | -46.4% |
| Trade debts | 44 | €66,416 | €36,077 | -€30,339 | -45.7% |
| Suppliers | 440/4 | €66,416 | €36,077 | -€30,339 | -45.7% |
| Taxes, remuneration and social security | 45 | €18,604 | €7,293 | -€11,311 | -60.8% |
| Taxes | 450/3 | €17,904 | €6,793 | -€11,111 | -62.1% |
| Remuneration and social security | 454/9 | €700 | €500 | -€200 | -28.6% |
| Other amounts payable | 47/48 | €14,834 | €10,129 | -€4,705 | -31.7% |
| Accrued charges and deferred income | 492/3 | €66,004 | €17,000 | -€49,004 | -74.2% |
| Remuneration, social security and pensions | 62 | - | €6,966 | +€6,966 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €5,910 | +€5,910 | |
| Other operating charges | 640/8 | €34,537 | €2,974 | -€31,563 | -91.4% |
| Gross operating margin | 9900 | €38,642 | €40,084 | +€1,442 | +3.7% |
| Operating profit (loss) | 9901 | €4,104 | €24,233 | +€20,129 | +490.5% |
| Financial income | 75/76B | €80 | €0 | -€80 | -100.0% |
| Recurring financial income | 75 | €80 | €0 | -€80 | -100.0% |
| Financial charges | 65/66B | €677 | €242 | -€435 | -64.3% |
| Recurring financial charges | 65 | €677 | €242 | -€435 | -64.3% |
| Profit (loss) for the period before taxes | 9903 | €3,508 | €23,991 | +€20,484 | +583.9% |
| Income taxes | 67/77 | €2,028 | €6,030 | +€4,002 | +197.3% |
| Profit (loss) for the period | 9904 | €1,480 | €17,962 | +€16,482 | +1113.8% |
| Profit (loss) for the period to be appropriated | 9905 | €1,480 | €17,962 | +€16,482 | +1113.8% |
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 6 October 2026 via checked.be.