BATIREK: what changed
"BATIREK"
Largest movements
- Tangible fixed assets +€32,135
up €32,135 (+1,434%), from €2,241 to €34,376
of which Furniture and vehicles: +€26,164
- Cash +€17,801
up €17,801 (+281%), from €6,332 to €24,133
mainly Net result for the year (+€48,670) and Debts after one year (+€17,245)
- Receivables within one year +€10,988
up €10,988 (+13.9%), from €78,805 to €89,793
of which Other amounts receivable: +€44,159
- Deferred charges and accrued income +€10,161
up €10,161 (+2,599%), from €391 to €10,552
- Reserves +€48,600
up €48,600 (+108%), from €44,860 to €93,460
of which Distributable reserves: +€48,600
- Debts after one year +€17,245
new in 2025: €17,245
- Current portion of long-term debt +€7,536
new in 2025: €7,536
- Tax, wage and social debts -€4,063
down €4,063 (-18.8%), from €21,574 to €17,511
of which Remuneration and social security: -€4,000
- Profit (loss) carried forward +€2,819
up €2,819, from -€2,749 to €70
- Gross operating margin +€80,338
up €80,338, from -€6,444 to €73,894
- Taxes +€20,176
up €20,176 (+24,019%), from €84 to €20,260
- Depreciation +€1,468
up €1,468 (+134%), from €1,095 to €2,563
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €88,019 | €159,105 | +€71,085 | +80.8% |
| Fixed assets | 21/28 | €2,491 | €34,626 | +€32,135 | +1,290% |
| Tangible fixed assets | 22/27 | €2,241 | €34,376 | +€32,135 | +1,434% |
| Plant, machinery and equipment | 23 | €1,150 | €7,122 | +€5,971 | +519% |
| Furniture and vehicles | 24 | €1,090 | €27,254 | +€26,164 | +2,400% |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €85,528 | €124,478 | +€38,950 | +45.5% |
| Amounts receivable within one year | 40/41 | €78,805 | €89,793 | +€10,988 | +13.9% |
| Trade receivables | 40 | €61,581 | €28,409 | -€33,172 | -53.9% |
| Other amounts receivable | 41 | €17,224 | €61,384 | +€44,159 | +256% |
| Cash at bank and in hand | 54/58 | €6,332 | €24,133 | +€17,801 | +281% |
| Deferred charges and accrued income | 490/1 | €391 | €10,552 | +€10,161 | +2,599% |
| Total equity and liabilities | 10/49 | €88,019 | €159,105 | +€71,085 | +80.8% |
| Equity | 10/15 | €60,711 | €112,130 | +€51,419 | +84.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €44,860 | €93,460 | +€48,600 | +108% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €43,000 | €91,600 | +€48,600 | +113% |
| Profit (loss) carried forward | 14 | -€2,749 | €70 | +€2,819 | |
| Amounts payable | 17/49 | €27,308 | €46,975 | +€19,667 | +72.0% |
| Amounts payable after more than one year | 17 | - | €17,245 | +€17,245 | |
| Financial debts | 170/4 | - | €17,245 | +€17,245 | |
| Amounts payable within one year | 42/48 | €27,308 | €29,730 | +€2,422 | +8.9% |
| Current portion of amounts payable after more than one year | 42 | - | €7,536 | +€7,536 | |
| Trade debts | 44 | €5,734 | €4,683 | -€1,051 | -18.3% |
| Suppliers | 440/4 | €5,734 | €4,683 | -€1,051 | -18.3% |
| Taxes, remuneration and social security | 45 | €21,574 | €17,511 | -€4,063 | -18.8% |
| Taxes | 450/3 | €17,574 | €17,511 | -€63 | -0.4% |
| Remuneration and social security | 454/9 | €4,000 | - | -€4,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,095 | €2,563 | +€1,468 | +134% |
| Other operating charges | 640/8 | €1,077 | €1,200 | +€123 | +11.5% |
| Gross operating margin | 9900 | -€6,444 | €73,894 | +€80,338 | |
| Operating profit (loss) | 9901 | -€8,615 | €70,131 | +€78,746 | |
| Financial income | 75/76B | €662 | €20 | -€643 | -97.0% |
| Recurring financial income | 75 | €662 | €20 | -€643 | -97.0% |
| Financial charges | 65/66B | €1,000 | €1,221 | +€221 | +22.1% |
| Recurring financial charges | 65 | €1,000 | €1,221 | +€221 | +22.1% |
| Profit (loss) for the period before taxes | 9903 | -€8,953 | €68,930 | +€77,883 | |
| Income taxes | 67/77 | €84 | €20,260 | +€20,176 | +24,019% |
| Profit (loss) for the period | 9904 | -€9,037 | €48,670 | +€57,707 | |
| Profit (loss) for the period to be appropriated | 9905 | -€9,037 | €48,670 | +€57,707 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.