BATIPOL: 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.
BATIPOL
Largest movements
- Receivables within one year -€183,490
down €183,490 (-34.1%), from €537,803 to €354,313
of which Trade receivables: -€181,323
- Cash +€56,230
up €56,230 (+35.9%), from €156,776 to €213,006
mainly Receivables within one year (+€183,490) and Other debts (+€42,330)
- Tangible fixed assets -€16,560
down €16,560 (-22.7%), from €72,793 to €56,233
- Trade debts -€134,833
down €134,833 (-66.1%), from €203,990 to €69,157
- Other debts +€42,330
up €42,330 (+55.6%), from €76,106 to €118,436
- Debts after one year -€27,074
down €27,074 (-65.6%), from €41,264 to €14,190
- Reserves -€18,500
down €18,500 (-27.6%), from €67,000 to €48,500
- Tax, wage and social debts -€7,813
down €7,813 (-61.1%), from €12,789 to €4,976
- Gross operating margin +€28,210
up €28,210 (+44.2%), from €63,866 to €92,076
- Other operating charges +€7,428
up €7,428 (+314.4%), from €2,363 to €9,791
- Taxes +€7,148
up €7,148 (+92.7%), from €7,709 to €14,857
- Financial charges -€2,387
down €2,387 (-50.3%), from €4,744 to €2,357
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 | €771,171 | €626,430 | -€144,740 | -18.8% |
| Fixed assets | 21/28 | €72,793 | €56,233 | -€16,560 | -22.7% |
| Tangible fixed assets | 22/27 | €72,793 | €56,233 | -€16,560 | -22.7% |
| Furniture and vehicles | 24 | €72,793 | €56,233 | -€16,560 | -22.7% |
| Current assets | 29/58 | €698,377 | €570,197 | -€128,181 | -18.4% |
| Amounts receivable within one year | 40/41 | €537,803 | €354,313 | -€183,490 | -34.1% |
| Trade receivables | 40 | €510,677 | €329,354 | -€181,323 | -35.5% |
| Other amounts receivable | 41 | €27,126 | €24,959 | -€2,167 | -8.0% |
| Cash at bank and in hand | 54/58 | €156,776 | €213,006 | +€56,230 | +35.9% |
| Deferred charges and accrued income | 490/1 | €3,799 | €2,878 | -€921 | -24.2% |
| Total equity and liabilities | 10/49 | €771,171 | €626,430 | -€144,740 | -18.8% |
| Equity | 10/15 | €410,405 | €392,597 | -€17,808 | -4.3% |
| Contributions | 10/11 | €8,560 | €8,560 | = | 0.0% |
| Reserves | 13 | €67,000 | €48,500 | -€18,500 | -27.6% |
| Distributable reserves | 133 | €67,000 | €48,500 | -€18,500 | -27.6% |
| Profit (loss) carried forward | 14 | €334,845 | €335,537 | +€692 | +0.2% |
| Amounts payable | 17/49 | €360,766 | €233,833 | -€126,932 | -35.2% |
| Amounts payable after more than one year | 17 | €41,264 | €14,190 | -€27,074 | -65.6% |
| Financial debts | 170/4 | €41,264 | €14,190 | -€27,074 | -65.6% |
| Amounts payable within one year | 42/48 | €319,502 | €219,644 | -€99,858 | -31.3% |
| Current portion of amounts payable after more than one year | 42 | €26,617 | €27,074 | +€458 | +1.7% |
| Trade debts | 44 | €203,990 | €69,157 | -€134,833 | -66.1% |
| Suppliers | 440/4 | €203,990 | €69,157 | -€134,833 | -66.1% |
| Taxes, remuneration and social security | 45 | €12,789 | €4,976 | -€7,813 | -61.1% |
| Taxes | 450/3 | €12,789 | €4,976 | -€7,813 | -61.1% |
| Other amounts payable | 47/48 | €76,106 | €118,436 | +€42,330 | +55.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,275 | €33,100 | +€824 | +2.6% |
| Other operating charges | 640/8 | €2,363 | €9,791 | +€7,428 | +314.4% |
| Gross operating margin | 9900 | €63,866 | €92,076 | +€28,210 | +44.2% |
| Operating profit (loss) | 9901 | €29,228 | €49,186 | +€19,958 | +68.3% |
| Financial income | 75/76B | €488 | €220 | -€268 | -54.9% |
| Recurring financial income | 75 | €488 | €220 | -€268 | -54.9% |
| Financial charges | 65/66B | €4,744 | €2,357 | -€2,387 | -50.3% |
| Recurring financial charges | 65 | €4,744 | €2,357 | -€2,387 | -50.3% |
| Profit (loss) for the period before taxes | 9903 | €24,972 | €47,049 | +€22,077 | +88.4% |
| Income taxes | 67/77 | €7,709 | €14,857 | +€7,148 | +92.7% |
| Profit (loss) for the period | 9904 | €17,262 | €32,192 | +€14,930 | +86.5% |
| Profit (loss) for the period to be appropriated | 9905 | €17,262 | €32,192 | +€14,930 | +86.5% |
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.