BATISUD: 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.
BATISUD
Largest movements
- Cash +€2.9m
up €2.9m (+488%), from €592,885 to €3.5m
mainly Current investments (+€1.5m) and Net result for the year (+€1.2m)
- Current investments -€1.5m
no longer reported in 2025 (was €1.5m)
- Financial fixed assets -€265,750
down €265,750 (-26.9%), from €989,044 to €723,294
- Receivables within one year +€160,350
up €160,350 (+16.0%), from €1.0m to €1.2m
of which Other amounts receivable: +€118,000
- Deferred charges and accrued income +€102,318
up €102,318 (+1,572%), from €6,510 to €108,828
- Reserves +€1.2m
up €1.2m (+93.3%), from €1.3m to €2.5m
of which Distributable reserves: +€1.2m
- Tax, wage and social debts +€90,713
up €90,713 (+128%), from €70,649 to €161,363
of which Taxes: +€89,846
- Other debts +€58,649
up €58,649 (+85.1%), from €68,889 to €127,538
- Financial income +€1.1m
up €1.1m (+509%), from €209,045 to €1.3m
of which Financial income: +€1.1m
- Gross operating margin -€165,548
down €165,548 (-38.1%), from €434,374 to €268,825
- Taxes +€29,722
up €29,722 (+19.7%), from €151,174 to €180,895
- Other operating charges +€11,970
up €11,970 (+122%), from €9,776 to €21,746
- Financial charges +€7,769
up €7,769 (+10.5%), from €73,708 to €81,477
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.
Derived cash bridge
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 | €4,285,965 | €5,662,840 | +€1.4m | +32.1% |
| Fixed assets | 21/28 | €1,182,970 | €905,631 | -€277,339 | -23.4% |
| Tangible fixed assets | 22/27 | €193,926 | €182,337 | -€11,589 | -6.0% |
| Land and buildings | 22 | €187,370 | €176,318 | -€11,052 | -5.9% |
| Furniture and vehicles | 24 | €6,556 | €6,019 | -€537 | -8.2% |
| Financial fixed assets | 28 | €989,044 | €723,294 | -€265,750 | -26.9% |
| Current assets | 29/58 | €3,102,995 | €4,757,209 | +€1.7m | +53.3% |
| Amounts receivable within one year | 40/41 | €1,003,600 | €1,163,950 | +€160,350 | +16.0% |
| Trade receivables | 40 | €150,000 | €192,350 | +€42,350 | +28.2% |
| Other amounts receivable | 41 | €853,600 | €971,600 | +€118,000 | +13.8% |
| Current investments | 50/53 | €1,500,000 | - | -€1.5m | |
| Cash at bank and in hand | 54/58 | €592,885 | €3,484,431 | +€2.9m | +488% |
| Deferred charges and accrued income | 490/1 | €6,510 | €108,828 | +€102,318 | +1,572% |
| Total equity and liabilities | 10/49 | €4,285,965 | €5,662,840 | +€1.4m | +32.1% |
| Equity | 10/15 | €3,141,566 | €4,361,627 | +€1.2m | +38.8% |
| Contributions | 10/11 | €619,734 | €619,734 | = | 0.0% |
| Capital | 10 | €619,734 | €619,734 | = | 0.0% |
| Issued capital | 100 | €619,734 | €619,734 | = | 0.0% |
| Reserves | 13 | €1,307,350 | €2,527,350 | +€1.2m | +93.3% |
| Non-distributable reserves | 130/1 | €61,973 | €61,973 | = | 0.0% |
| Legal reserve | 130 | €61,973 | €61,973 | = | 0.0% |
| Distributable reserves | 133 | €1,245,377 | €2,465,377 | +€1.2m | +98.0% |
| Profit (loss) carried forward | 14 | €1,214,482 | €1,214,543 | +€61 | 0.0% |
| Amounts payable | 17/49 | €1,144,399 | €1,301,213 | +€156,814 | +13.7% |
| Amounts payable after more than one year | 17 | €500,000 | €500,000 | = | 0.0% |
| Other amounts payable | 178/9 | €500,000 | €500,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €639,649 | €796,503 | +€156,854 | +24.5% |
| Financial debts | 43 | €500,000 | €500,000 | = | 0.0% |
| Other loans | 439 | €500,000 | €500,000 | = | 0.0% |
| Trade debts | 44 | €111 | €7,603 | +€7,493 | +6,779% |
| Suppliers | 440/4 | €111 | €7,603 | +€7,493 | +6,779% |
| Taxes, remuneration and social security | 45 | €70,649 | €161,363 | +€90,713 | +128% |
| Taxes | 450/3 | €68,827 | €158,673 | +€89,846 | +131% |
| Remuneration and social security | 454/9 | €1,822 | €2,690 | +€867 | +47.6% |
| Other amounts payable | 47/48 | €68,889 | €127,538 | +€58,649 | +85.1% |
| Accrued charges and deferred income | 492/3 | €4,750 | €4,710 | -€40 | -0.8% |
| Non-recurring operating income | 76A | €115,891 | - | -€115,891 | |
| Remuneration, social security and pensions | 62 | €14,232 | €20,048 | +€5,816 | +40.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,747 | €18,375 | +€628 | +3.5% |
| Other operating charges | 640/8 | €9,776 | €21,746 | +€11,970 | +122% |
| Gross operating margin | 9900 | €434,374 | €268,825 | -€165,548 | -38.1% |
| Operating profit (loss) | 9901 | €392,619 | €208,656 | -€183,963 | -46.9% |
| Financial income | 75/76B | €209,045 | €1,273,777 | +€1.1m | +509% |
| Recurring financial income | 75 | €155,084 | €1,273,777 | +€1.1m | +721% |
| Non-recurring financial income | 76B | €53,961 | - | -€53,961 | |
| Financial charges | 65/66B | €73,708 | €81,477 | +€7,769 | +10.5% |
| Recurring financial charges | 65 | €73,708 | €81,477 | +€7,769 | +10.5% |
| Profit (loss) for the period before taxes | 9903 | €527,956 | €1,400,957 | +€873,001 | +165% |
| Income taxes | 67/77 | €151,174 | €180,895 | +€29,722 | +19.7% |
| Profit (loss) for the period | 9904 | €376,782 | €1,220,061 | +€843,279 | +224% |
| Profit (loss) for the period to be appropriated | 9905 | €376,782 | €1,220,061 | +€843,279 | +224% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.