BATIMO: 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
BATIMO
NACE 71.121, Engineering and related technical consultancy, excluding land surveyors
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€1,859
2024 · €106,722-€108,582
Equity
€4.6m
2024 · €4.6m-€1,859
Cash
€116,825
2024 · €70,721+€46,104
Balance sheet total
€5.2m
2024 · €5.3m-€95,095
Largest movements
Assets
- Current investments -€100,900
down €100,900 (-25.9%), from €389,153 to €288,254
Equity and liabilities
- Short-term financial debts -€60,000
down €60,000 (-33.3%), from €180,000 to €120,000
Income statement
- Gross operating margin -€135,616
down €135,616 (-63.1%), from €214,758 to €79,141
- Taxes -€15,344
down €15,344 (-48.3%), from €31,792 to €16,449
- Financial income +€6,619
up €6,619 (+174.8%), from €3,787 to €10,406
- Financial charges -€6,189
down €6,189 (-41.8%), from €14,796 to €8,607
of which Non-recurring financial charges: -€4,112
- Depreciation +€2,740
up €2,740 (+5.0%), from €55,286 to €58,026
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
€106,722
Gross operating margin
-€135,616
Depreciation
-€2,740
Other operating charges
+€467
Other operating items
+€1,156
Financial income
+€6,619
Financial charges
+€6,189
Taxes
+€15,344
Result 2025
-€1,859
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
+€28,406
Investment
+€77,698
Financing
-€60,000
Cash 2024
€70,721
From operations (derived)
+€28,406
Net result for the year
-€1,859
Depreciation
+€58,026
Receivables within one year
+€5,687
Deferred charges and accrued income
-€212
Trade debts
+€1,657
Tax, wage and social debts
-€11,901
Other debts
-€24,664
Accrued charges and deferred income
+€1,672
Investment (derived)
+€77,698
Investment in fixed assets (net)
-€23,202
Current investments
+€100,900
Financing
-€60,000
Short-term financial debts
-€60,000
Cash 2025
€116,825
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,293,848 | €5,198,753 | -€95,095 | -1.8% |
| Fixed assets | 21/28 | €4,787,475 | €4,752,650 | -€34,825 | -0.7% |
| Tangible fixed assets | 22/27 | €3,587,915 | €3,553,090 | -€34,825 | -1.0% |
| Land and buildings | 22 | €3,528,875 | €3,492,745 | -€36,130 | -1.0% |
| Furniture and vehicles | 24 | €59,040 | €60,345 | +€1,305 | +2.2% |
| Financial fixed assets | 28 | €1,199,560 | €1,199,560 | = | 0.0% |
| Current assets | 29/58 | €506,373 | €446,103 | -€60,271 | -11.9% |
| Amounts receivable after more than one year | 29 | €16,041 | €16,041 | = | 0.0% |
| Other amounts receivable | 291 | €16,041 | €16,041 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €25,635 | €19,948 | -€5,687 | -22.2% |
| Trade receivables | 40 | €16,931 | €13,590 | -€3,341 | -19.7% |
| Other amounts receivable | 41 | €8,704 | €6,359 | -€2,345 | -26.9% |
| Current investments | 50/53 | €389,153 | €288,254 | -€100,900 | -25.9% |
| Cash at bank and in hand | 54/58 | €70,721 | €116,825 | +€46,104 | +65.2% |
| Deferred charges and accrued income | 490/1 | €4,823 | €5,035 | +€212 | +4.4% |
| Total equity and liabilities | 10/49 | €5,293,848 | €5,198,753 | -€95,095 | -1.8% |
| Equity | 10/15 | €4,599,333 | €4,597,473 | -€1,859 | 0.0% |
| Contributions | 10/11 | €1,312,000 | €1,312,000 | = | 0.0% |
| Capital | 10 | €1,312,000 | €1,312,000 | = | 0.0% |
| Issued capital | 100 | €1,312,000 | €1,312,000 | = | 0.0% |
| Reserves | 13 | €3,287,333 | €3,285,473 | -€1,859 | -0.1% |
| Non-distributable reserves | 130/1 | €138,802 | €138,802 | = | 0.0% |
| Legal reserve | 130 | €138,802 | €138,802 | = | 0.0% |
| Distributable reserves | 133 | €3,148,531 | €3,146,671 | -€1,859 | -0.1% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €694,515 | €601,279 | -€93,236 | -13.4% |
| Amounts payable within one year | 42/48 | €694,515 | €599,607 | -€94,908 | -13.7% |
| Financial debts | 43 | €180,000 | €120,000 | -€60,000 | -33.3% |
| Credit institutions | 430/8 | €180,000 | €120,000 | -€60,000 | -33.3% |
| Trade debts | 44 | €8,384 | €10,041 | +€1,657 | +19.8% |
| Suppliers | 440/4 | €8,384 | €10,041 | +€1,657 | +19.8% |
| Taxes, remuneration and social security | 45 | €16,675 | €4,774 | -€11,901 | -71.4% |
| Taxes | 450/3 | €16,675 | €4,774 | -€11,901 | -71.4% |
| Other amounts payable | 47/48 | €489,456 | €464,792 | -€24,664 | -5.0% |
| Accrued charges and deferred income | 492/3 | - | €1,672 | +€1,672 | |
| Non-recurring operating income | 76A | €187,151 | €0 | -€187,151 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €55,286 | €58,026 | +€2,740 | +5.0% |
| Other operating charges | 640/8 | €8,792 | €8,325 | -€467 | -5.3% |
| Non-recurring operating charges | 66A | €1,156 | €0 | -€1,156 | -100.0% |
| Gross operating margin | 9900 | €214,758 | €79,141 | -€135,616 | -63.1% |
| Operating profit (loss) | 9901 | €149,524 | €12,790 | -€136,733 | -91.4% |
| Financial income | 75/76B | €3,787 | €10,406 | +€6,619 | +174.8% |
| Recurring financial income | 75 | €3,787 | €10,406 | +€6,619 | +174.8% |
| Financial charges | 65/66B | €14,796 | €8,607 | -€6,189 | -41.8% |
| Recurring financial charges | 65 | €10,684 | €8,607 | -€2,077 | -19.4% |
| Non-recurring financial charges | 66B | €4,112 | €0 | -€4,112 | -100.0% |
| Profit (loss) for the period before taxes | 9903 | €138,515 | €14,589 | -€123,926 | -89.5% |
| Income taxes | 67/77 | €31,792 | €16,449 | -€15,344 | -48.3% |
| Profit (loss) for the period | 9904 | €106,722 | -€1,859 | -€108,582 | |
| Profit (loss) for the period to be appropriated | 9905 | €106,722 | -€1,859 | -€108,582 |
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 1 October 2026 via checked.be.