BATITIME: 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.
BATITIME
Largest movements
- Cash -€33,654
down €33,654 (-52.0%), from €64,674 to €31,019
mainly Net result for the year (-€43,264) and Receivables within one year (-€17,362)
- Receivables within one year +€17,362
up €17,362 (+38.4%), from €45,222 to €62,584
of which Trade receivables: +€16,278
- Tangible fixed assets -€5,589
down €5,589 (-39.5%), from €14,148 to €8,558
- Deferred charges and accrued income +€2,667
up €2,667 (+85.8%), from €3,106 to €5,773
- Profit (loss) carried forward -€43,264
down €43,264 (-66.8%), from €64,728 to €21,464
- Trade debts +€23,922
up €23,922 (+147%), from €16,273 to €40,195
- Tax, wage and social debts +€3,927
up €3,927 (+77.6%), from €5,063 to €8,990
of which Taxes: +€2,496
- Current portion of long-term debt -€2,291
down €2,291 (-40.0%), from €5,729 to €3,438
- Debts after one year -€1,699
no longer reported in 2025 (was €1,699)
- Staff costs +€151,666
new in 2025: €151,666
- Gross operating margin +€66,830
up €66,830 (+123%), from €54,520 to €121,350
- Write-downs -€23,579
no longer reported in 2025 (was €23,579)
- Taxes -€7,365
down €7,365, from €7,340 to -€26
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 | €128,153 | €108,748 | -€19,405 | -15.1% |
| Formation expenses | 20 | €746 | €555 | -€190 | -25.5% |
| Fixed assets | 21/28 | €14,406 | €8,816 | -€5,589 | -38.8% |
| Tangible fixed assets | 22/27 | €14,148 | €8,558 | -€5,589 | -39.5% |
| Furniture and vehicles | 24 | €14,148 | €8,558 | -€5,589 | -39.5% |
| Financial fixed assets | 28 | €258 | €258 | = | 0.0% |
| Current assets | 29/58 | €113,002 | €99,376 | -€13,626 | -12.1% |
| Amounts receivable within one year | 40/41 | €45,222 | €62,584 | +€17,362 | +38.4% |
| Trade receivables | 40 | €39,471 | €55,749 | +€16,278 | +41.2% |
| Other amounts receivable | 41 | €5,751 | €6,835 | +€1,085 | +18.9% |
| Cash at bank and in hand | 54/58 | €64,674 | €31,019 | -€33,654 | -52.0% |
| Deferred charges and accrued income | 490/1 | €3,106 | €5,773 | +€2,667 | +85.8% |
| Total equity and liabilities | 10/49 | €128,153 | €108,748 | -€19,405 | -15.1% |
| Equity | 10/15 | €99,388 | €56,124 | -€43,264 | -43.5% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Reserves | 13 | €14,200 | €14,200 | = | 0.0% |
| Distributable reserves | 133 | €14,200 | €14,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €64,728 | €21,464 | -€43,264 | -66.8% |
| Amounts payable | 17/49 | €28,765 | €52,624 | +€23,859 | +82.9% |
| Amounts payable after more than one year | 17 | €1,699 | - | -€1,699 | |
| Financial debts | 170/4 | €1,699 | - | -€1,699 | |
| Amounts payable within one year | 42/48 | €27,066 | €52,624 | +€25,558 | +94.4% |
| Current portion of amounts payable after more than one year | 42 | €5,729 | €3,438 | -€2,291 | -40.0% |
| Trade debts | 44 | €16,273 | €40,195 | +€23,922 | +147% |
| Suppliers | 440/4 | €16,273 | €40,195 | +€23,922 | +147% |
| Taxes, remuneration and social security | 45 | €5,063 | €8,990 | +€3,927 | +77.6% |
| Taxes | 450/3 | €5,059 | €7,555 | +€2,496 | +49.3% |
| Remuneration and social security | 454/9 | €4 | €1,435 | +€1,431 | +33,750% |
| Remuneration, social security and pensions | 62 | - | €151,666 | +€151,666 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,284 | €4,885 | -€399 | -7.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €23,579 | - | -€23,579 | |
| Other operating charges | 640/8 | €1,844 | €2,325 | +€481 | +26.1% |
| Non-recurring operating charges | 66A | - | €2,417 | +€2,417 | |
| Gross operating margin | 9900 | €54,520 | €121,350 | +€66,830 | +123% |
| Operating profit (loss) | 9901 | €23,812 | -€39,943 | -€63,755 | |
| Financial charges | 65/66B | €2,821 | €3,347 | +€525 | +18.6% |
| Recurring financial charges | 65 | €2,821 | €3,347 | +€525 | +18.6% |
| Profit (loss) for the period before taxes | 9903 | €20,990 | -€43,290 | -€64,280 | |
| Income taxes | 67/77 | €7,340 | -€26 | -€7,365 | |
| Profit (loss) for the period | 9904 | €13,651 | -€43,264 | -€56,915 | |
| Profit (loss) for the period to be appropriated | 9905 | €13,651 | -€43,264 | -€56,915 |
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 14 October 2026 via checked.be.