BATITRAV: what changed
Two fiscal 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.
BATITRAV
Largest movements
- Receivables within one year -€38,753
down €38,753 (-41.4%), from €93,541 to €54,788
of which Trade receivables: -€37,236
- Tangible fixed assets -€13,853
down €13,853 (-28.3%), from €48,957 to €35,104
- Deferred charges and accrued income -€9,036
down €9,036 (-49.4%), from €18,274 to €9,238
- Other debts -€38,944
down €38,944 (-55.0%), from €70,771 to €31,827
- Trade debts -€15,265
down €15,265 (-60.6%), from €25,204 to €9,939
- Debts after one year -€4,877
no longer reported in 2025 (was €4,877)
- Current portion of long-term debt -€4,472
down €4,472 (-44.0%), from €10,176 to €5,704
- Profit (loss) carried forward +€2,783
up €2,783 (+7.2%), from €38,772 to €41,554
- Financial charges -€4,775
down €4,775 (-74.5%), from €6,407 to €1,632
- Depreciation +€3,045
up €3,045 (+25.0%), from €12,201 to €15,247
- Gross operating margin -€932
down €932 (-4.2%), from €22,349 to €21,417
- Taxes +€696
up €696 (+318.3%), from €219 to €915
- Other operating charges -€343
down €343 (-27.1%), from €1,265 to €922
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 | €167,939 | €107,225 | -€60,714 | -36.2% |
| Fixed assets | 21/28 | €48,957 | €35,104 | -€13,853 | -28.3% |
| Tangible fixed assets | 22/27 | €48,957 | €35,104 | -€13,853 | -28.3% |
| Plant, machinery and equipment | 23 | €11,985 | €8,860 | -€3,125 | -26.1% |
| Furniture and vehicles | 24 | €12,083 | €7,578 | -€4,506 | -37.3% |
| Other tangible fixed assets | 26 | €24,889 | €18,667 | -€6,222 | -25.0% |
| Current assets | 29/58 | €118,982 | €72,121 | -€46,861 | -39.4% |
| Stocks and contracts in progress | 3 | €4,000 | €4,000 | = | 0.0% |
| Stocks | 30/36 | €4,000 | €4,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €93,541 | €54,788 | -€38,753 | -41.4% |
| Trade receivables | 40 | €90,585 | €53,349 | -€37,236 | -41.1% |
| Other amounts receivable | 41 | €2,957 | €1,440 | -€1,517 | -51.3% |
| Cash at bank and in hand | 54/58 | €3,167 | €4,095 | +€928 | +29.3% |
| Deferred charges and accrued income | 490/1 | €18,274 | €9,238 | -€9,036 | -49.4% |
| Total equity and liabilities | 10/49 | €167,939 | €107,225 | -€60,714 | -36.2% |
| Equity | 10/15 | €46,828 | €49,611 | +€2,783 | +5.9% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | €38,772 | €41,554 | +€2,783 | +7.2% |
| Amounts payable | 17/49 | €121,111 | €57,614 | -€63,496 | -52.4% |
| Amounts payable after more than one year | 17 | €4,877 | - | -€4,877 | |
| Financial debts | 170/4 | €4,877 | - | -€4,877 | |
| Amounts payable within one year | 42/48 | €116,234 | €57,614 | -€58,620 | -50.4% |
| Current portion of amounts payable after more than one year | 42 | €10,176 | €5,704 | -€4,472 | -44.0% |
| Trade debts | 44 | €25,204 | €9,939 | -€15,265 | -60.6% |
| Suppliers | 440/4 | €25,204 | €9,939 | -€15,265 | -60.6% |
| Advances received on contracts in progress | 46 | €8,553 | €8,553 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €1,530 | €1,591 | +€61 | +4.0% |
| Taxes | 450/3 | €1,100 | €1,591 | +€491 | +44.7% |
| Remuneration and social security | 454/9 | €430 | - | -€430 | |
| Other amounts payable | 47/48 | €70,771 | €31,827 | -€38,944 | -55.0% |
| Non-recurring operating income | 76A | €12,122 | - | -€12,122 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,201 | €15,247 | +€3,045 | +25.0% |
| Other operating charges | 640/8 | €1,265 | €922 | -€343 | -27.1% |
| Gross operating margin | 9900 | €22,349 | €21,417 | -€932 | -4.2% |
| Operating profit (loss) | 9901 | €8,882 | €5,248 | -€3,634 | -40.9% |
| Financial income | 75/76B | €0 | €81 | +€81 | +36918.2% |
| Recurring financial income | 75 | €0 | €81 | +€81 | +36918.2% |
| Financial charges | 65/66B | €6,407 | €1,632 | -€4,775 | -74.5% |
| Recurring financial charges | 65 | €6,407 | €1,632 | -€4,775 | -74.5% |
| Profit (loss) for the period before taxes | 9903 | €2,476 | €3,698 | +€1,222 | +49.4% |
| Income taxes | 67/77 | €219 | €915 | +€696 | +318.3% |
| Profit (loss) for the period | 9904 | €2,257 | €2,783 | +€526 | +23.3% |
| Profit (loss) for the period to be appropriated | 9905 | €2,257 | €2,783 | +€526 | +23.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.