BATISWEET: 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.
BATISWEET
Largest movements
- Cash -€137,320
down €137,320 (-76.9%), from €178,554 to €41,234
mainly Tax, wage and social debts (-€53,463) and Receivables within one year (-€38,330)
- Receivables within one year +€38,330
up €38,330 (+33.1%), from €115,780 to €154,110
of which Trade receivables: +€22,643
- Tangible fixed assets -€34,161
down €34,161 (-10.8%), from €315,232 to €281,071
of which Plant, machinery and equipment: -€21,354
- Stocks and contracts +€21,173
up €21,173 (+1410.6%), from €1,501 to €22,674
- Deferred charges and accrued income +€9,179
new in 2025: €9,179
- Tax, wage and social debts -€53,463
down €53,463 (-84.6%), from €63,161 to €9,698
of which Remuneration and social security: -€47,772
- Debts after one year -€20,773
down €20,773 (-35.9%), from €57,837 to €37,064
- Other debts -€17,358
down €17,358 (-99.4%), from €17,460 to €102
- Trade debts -€10,802
down €10,802 (-32.5%), from €33,202 to €22,400
- Gross operating margin -€78,411
down €78,411 (-20.3%), from €385,365 to €306,954
- Write-downs -€33,655
down €33,655 (-91.2%), from €36,902 to €3,247
- Staff costs +€28,262
up €28,262 (+13.7%), from €205,898 to €234,160
- Taxes -€15,867
down €15,867 (-67.8%), from €23,391 to €7,524
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 | €611,207 | €508,408 | -€102,799 | -16.8% |
| Fixed assets | 21/28 | €315,372 | €281,211 | -€34,161 | -10.8% |
| Tangible fixed assets | 22/27 | €315,232 | €281,071 | -€34,161 | -10.8% |
| Land and buildings | 22 | €223,265 | €206,087 | -€17,178 | -7.7% |
| Plant, machinery and equipment | 23 | €78,112 | €56,758 | -€21,354 | -27.3% |
| Furniture and vehicles | 24 | €13,855 | €18,226 | +€4,371 | +31.5% |
| Financial fixed assets | 28 | €140 | €140 | = | 0.0% |
| Current assets | 29/58 | €295,835 | €227,197 | -€68,638 | -23.2% |
| Stocks and contracts in progress | 3 | €1,501 | €22,674 | +€21,173 | +1410.6% |
| Stocks | 30/36 | €1,501 | €22,674 | +€21,173 | +1410.6% |
| Amounts receivable within one year | 40/41 | €115,780 | €154,110 | +€38,330 | +33.1% |
| Trade receivables | 40 | €109,484 | €132,127 | +€22,643 | +20.7% |
| Other amounts receivable | 41 | €6,296 | €21,983 | +€15,687 | +249.2% |
| Cash at bank and in hand | 54/58 | €178,554 | €41,234 | -€137,320 | -76.9% |
| Deferred charges and accrued income | 490/1 | - | €9,179 | +€9,179 | |
| Total equity and liabilities | 10/49 | €611,207 | €508,408 | -€102,799 | -16.8% |
| Equity | 10/15 | €419,065 | €418,371 | -€694 | -0.2% |
| Contributions | 10/11 | €92,400 | €92,400 | = | 0.0% |
| Reserves | 13 | €97,240 | €97,240 | = | 0.0% |
| Distributable reserves | 133 | €97,240 | €97,240 | = | 0.0% |
| Profit (loss) carried forward | 14 | €229,425 | €228,731 | -€694 | -0.3% |
| Amounts payable | 17/49 | €192,142 | €90,037 | -€102,105 | -53.1% |
| Amounts payable after more than one year | 17 | €57,837 | €37,064 | -€20,773 | -35.9% |
| Financial debts | 170/4 | €57,837 | €37,064 | -€20,773 | -35.9% |
| Amounts payable within one year | 42/48 | €134,305 | €52,973 | -€81,332 | -60.6% |
| Financial debts | 43 | €20,482 | €20,773 | +€291 | +1.4% |
| Credit institutions | 430/8 | €20,482 | €20,773 | +€291 | +1.4% |
| Trade debts | 44 | €33,202 | €22,400 | -€10,802 | -32.5% |
| Suppliers | 440/4 | €33,202 | €22,400 | -€10,802 | -32.5% |
| Taxes, remuneration and social security | 45 | €63,161 | €9,698 | -€53,463 | -84.6% |
| Taxes | 450/3 | €11,894 | €6,203 | -€5,691 | -47.8% |
| Remuneration and social security | 454/9 | €51,267 | €3,495 | -€47,772 | -93.2% |
| Other amounts payable | 47/48 | €17,460 | €102 | -€17,358 | -99.4% |
| Remuneration, social security and pensions | 62 | €205,898 | €234,160 | +€28,262 | +13.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €49,644 | €51,425 | +€1,781 | +3.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €36,902 | €3,247 | -€33,655 | -91.2% |
| Other operating charges | 640/8 | €13,035 | €9,856 | -€3,179 | -24.4% |
| Gross operating margin | 9900 | €385,365 | €306,954 | -€78,411 | -20.3% |
| Operating profit (loss) | 9901 | €79,886 | €8,266 | -€71,620 | -89.7% |
| Financial income | 75/76B | €3,095 | €500 | -€2,595 | -83.8% |
| Recurring financial income | 75 | €3,095 | €500 | -€2,595 | -83.8% |
| Financial charges | 65/66B | €3,775 | €1,936 | -€1,839 | -48.7% |
| Recurring financial charges | 65 | €3,775 | €1,936 | -€1,839 | -48.7% |
| Profit (loss) for the period before taxes | 9903 | €79,206 | €6,830 | -€72,376 | -91.4% |
| Income taxes | 67/77 | €23,391 | €7,524 | -€15,867 | -67.8% |
| Profit (loss) for the period | 9904 | €55,815 | -€694 | -€56,509 | |
| Profit (loss) for the period to be appropriated | 9905 | €55,815 | -€694 | -€56,509 |
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 11 October 2026 via checked.be.