BATIS'UP: 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.
BATIS'UP
Largest movements
- Tangible fixed assets +€618,768
up €618,768 (+114%), from €544,454 to €1.2m
of which Land and buildings: +€608,880
- Debts after one year +€574,073
up €574,073 (+127%), from €450,625 to €1.0m
- Profit (loss) carried forward +€127,787
up €127,787, from -€126,659 to €1,128
- Other debts -€104,989
down €104,989 (-58.1%), from €180,854 to €75,865
- Reserves +€20,000
new in 2025: €20,000
- Trade debts -€17,056
down €17,056 (-62.0%), from €27,512 to €10,456
- Gross operating margin +€307,784
up €307,784 (+2,233%), from €13,782 to €321,566
- Other operating charges +€86,182
up €86,182 (+11,775%), from €732 to €86,914
- Financial charges +€21,672
up €21,672 (+90.5%), from €23,945 to €45,618
- Depreciation +€18,148
up €18,148 (+102%), from €17,733 to €35,881
- Taxes +€5,365
new in 2025: €5,365
From the 2023 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.
Derived cash bridge
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €589,399 | €1,205,008 | +€615,609 | +104% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €544,454 | €1,163,222 | +€618,768 | +114% |
| Tangible fixed assets | 22/27 | €544,454 | €1,163,222 | +€618,768 | +114% |
| Land and buildings | 22 | €544,454 | €1,153,334 | +€608,880 | +112% |
| Assets under construction and advance payments | 27 | - | €9,888 | +€9,888 | |
| Current assets | 29/58 | €44,944 | €41,786 | -€3,159 | -7.0% |
| Amounts receivable within one year | 40/41 | €34,298 | €23,637 | -€10,661 | -31.1% |
| Trade receivables | 40 | €28,732 | €12,232 | -€16,500 | -57.4% |
| Other amounts receivable | 41 | €5,566 | €11,405 | +€5,839 | +105% |
| Cash at bank and in hand | 54/58 | €10,646 | €17,613 | +€6,967 | +65.4% |
| Deferred charges and accrued income | 490/1 | €0 | €535 | +€535 | |
| Total equity and liabilities | 10/49 | €589,399 | €1,205,008 | +€615,609 | +104% |
| Equity | 10/15 | -€96,659 | €51,128 | +€147,787 | |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | - | €20,000 | +€20,000 | |
| Distributable reserves | 133 | - | €20,000 | +€20,000 | |
| Profit (loss) carried forward | 14 | -€126,659 | €1,128 | +€127,787 | |
| Amounts payable | 17/49 | €686,058 | €1,153,879 | +€467,822 | +68.2% |
| Amounts payable after more than one year | 17 | €450,625 | €1,024,698 | +€574,073 | +127% |
| Financial debts | 170/4 | €450,625 | €1,024,698 | +€574,073 | +127% |
| Amounts payable within one year | 42/48 | €234,117 | €126,543 | -€107,574 | -45.9% |
| Current portion of amounts payable after more than one year | 42 | €25,750 | €34,857 | +€9,107 | +35.4% |
| Trade debts | 44 | €27,512 | €10,456 | -€17,056 | -62.0% |
| Suppliers | 440/4 | €27,512 | €10,456 | -€17,056 | -62.0% |
| Taxes, remuneration and social security | 45 | - | €5,365 | +€5,365 | |
| Taxes | 450/3 | - | €5,365 | +€5,365 | |
| Other amounts payable | 47/48 | €180,854 | €75,865 | -€104,989 | -58.1% |
| Accrued charges and deferred income | 492/3 | €1,316 | €2,639 | +€1,323 | +101% |
| Non-recurring operating income | 76A | - | €300,000 | +€300,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,733 | €35,881 | +€18,148 | +102% |
| Other operating charges | 640/8 | €732 | €86,914 | +€86,182 | +11,775% |
| Gross operating margin | 9900 | €13,782 | €321,566 | +€307,784 | +2,233% |
| Operating profit (loss) | 9901 | -€4,684 | €198,770 | +€203,454 | |
| Financial charges | 65/66B | €23,945 | €45,618 | +€21,672 | +90.5% |
| Recurring financial charges | 65 | €23,945 | €45,618 | +€21,672 | +90.5% |
| Profit (loss) for the period before taxes | 9903 | -€28,629 | €153,152 | +€181,781 | |
| Income taxes | 67/77 | - | €5,365 | +€5,365 | |
| Profit (loss) for the period | 9904 | -€28,629 | €147,787 | +€176,416 | |
| Profit (loss) for the period to be appropriated | 9905 | -€28,629 | €147,787 | +€176,416 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.