BATIRIGHT: 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.
BATIRIGHT
Largest movements
- Receivables within one year -€38,329
down €38,329 (-18.7%), from €205,167 to €166,838
of which Trade receivables: -€27,507
- Tangible fixed assets -€30,237
down €30,237 (-14.9%), from €203,009 to €172,772
of which Plant, machinery and equipment: -€28,281
- Cash +€13,366
up €13,366 (+17.7%), from €75,320 to €88,686
mainly Receivables within one year (+€38,329) and Depreciation (+€36,773)
- Accrued charges and deferred income -€60,154
down €60,154 (-64.8%), from €92,763 to €32,609
- Debts after one year -€24,078
down €24,078 (-24.6%), from €97,775 to €73,697
- Trade debts +€11,645
up €11,645 (+13.7%), from €84,939 to €96,584
- Tax, wage and social debts +€7,914
up €7,914 (+54.3%), from €14,562 to €22,476
of which Remuneration and social security: +€6,259
- Reserves +€7,000
up €7,000 (+47.1%), from €14,860 to €21,860
- Staff costs -€44,878
down €44,878 (-12.0%), from €374,350 to €329,472
- Gross operating margin -€42,097
down €42,097 (-9.5%), from €441,772 to €399,675
- Depreciation +€20,316
up €20,316 (+123.4%), from €16,457 to €36,773
- Other operating charges -€10,613
down €10,613 (-35.5%), from €29,862 to €19,249
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 | €489,616 | €433,405 | -€56,211 | -11.5% |
| Fixed assets | 21/28 | €207,792 | €177,555 | -€30,237 | -14.6% |
| Tangible fixed assets | 22/27 | €203,009 | €172,772 | -€30,237 | -14.9% |
| Land and buildings | 22 | €84,590 | €82,280 | -€2,310 | -2.7% |
| Plant, machinery and equipment | 23 | €110,433 | €82,152 | -€28,281 | -25.6% |
| Furniture and vehicles | 24 | €7,986 | €8,340 | +€354 | +4.4% |
| Financial fixed assets | 28 | €4,783 | €4,783 | = | 0.0% |
| Current assets | 29/58 | €281,824 | €255,850 | -€25,974 | -9.2% |
| Amounts receivable within one year | 40/41 | €205,167 | €166,838 | -€38,329 | -18.7% |
| Trade receivables | 40 | €151,844 | €124,337 | -€27,507 | -18.1% |
| Other amounts receivable | 41 | €53,323 | €42,501 | -€10,822 | -20.3% |
| Cash at bank and in hand | 54/58 | €75,320 | €88,686 | +€13,366 | +17.7% |
| Deferred charges and accrued income | 490/1 | €1,337 | €326 | -€1,011 | -75.6% |
| Total equity and liabilities | 10/49 | €489,616 | €433,405 | -€56,211 | -11.5% |
| Equity | 10/15 | €171,078 | €178,616 | +€7,538 | +4.4% |
| Contributions | 10/11 | €17,000 | €17,000 | = | 0.0% |
| Reserves | 13 | €14,860 | €21,860 | +€7,000 | +47.1% |
| Distributable reserves | 133 | €14,860 | €21,860 | +€7,000 | +47.1% |
| Profit (loss) carried forward | 14 | €139,218 | €139,756 | +€538 | +0.4% |
| Amounts payable | 17/49 | €318,538 | €254,789 | -€63,749 | -20.0% |
| Amounts payable after more than one year | 17 | €97,775 | €73,697 | -€24,078 | -24.6% |
| Financial debts | 170/4 | €97,775 | €73,697 | -€24,078 | -24.6% |
| Amounts payable within one year | 42/48 | €128,000 | €148,483 | +€20,483 | +16.0% |
| Financial debts | 43 | €23,526 | €24,450 | +€924 | +3.9% |
| Credit institutions | 430/8 | €23,526 | €24,450 | +€924 | +3.9% |
| Trade debts | 44 | €84,939 | €96,584 | +€11,645 | +13.7% |
| Suppliers | 440/4 | €84,939 | €96,584 | +€11,645 | +13.7% |
| Taxes, remuneration and social security | 45 | €14,562 | €22,476 | +€7,914 | +54.3% |
| Taxes | 450/3 | €12,657 | €14,312 | +€1,655 | +13.1% |
| Remuneration and social security | 454/9 | €1,905 | €8,164 | +€6,259 | +328.6% |
| Other amounts payable | 47/48 | €4,973 | €4,973 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €92,763 | €32,609 | -€60,154 | -64.8% |
| Remuneration, social security and pensions | 62 | €374,350 | €329,472 | -€44,878 | -12.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,457 | €36,773 | +€20,316 | +123.4% |
| Other operating charges | 640/8 | €29,862 | €19,249 | -€10,613 | -35.5% |
| Gross operating margin | 9900 | €441,772 | €399,675 | -€42,097 | -9.5% |
| Operating profit (loss) | 9901 | €21,103 | €14,181 | -€6,922 | -32.8% |
| Financial income | 75/76B | €703 | €3,095 | +€2,392 | +340.3% |
| Recurring financial income | 75 | €703 | €3,095 | +€2,392 | +340.3% |
| Financial charges | 65/66B | €2,032 | €4,884 | +€2,852 | +140.4% |
| Recurring financial charges | 65 | €2,032 | €4,884 | +€2,852 | +140.4% |
| Profit (loss) for the period before taxes | 9903 | €19,774 | €12,392 | -€7,382 | -37.3% |
| Income taxes | 67/77 | €6,640 | €4,854 | -€1,786 | -26.9% |
| Profit (loss) for the period | 9904 | €13,134 | €7,538 | -€5,596 | -42.6% |
| Profit (loss) for the period to be appropriated | 9905 | €13,134 | €7,538 | -€5,596 | -42.6% |
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 9 October 2026 via checked.be.