BATIVAN: 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.
BATIVAN
Largest movements
- Tangible fixed assets -€16,740
down €16,740 (-7.1%), from €236,245 to €219,505
of which Furniture and vehicles: -€10,342
- Receivables within one year +€14,182
up €14,182 (+11.7%), from €120,911 to €135,093
of which Trade receivables: +€14,923
- Stocks and contracts +€7,494
up €7,494 (+29.2%), from €25,627 to €33,121
of which Contracts in progress: +€8,796
- Other debts +€39,000
up €39,000 (+33.3%), from €117,200 to €156,200
- Debts after one year -€32,186
down €32,186 (-40.9%), from €78,702 to €46,516
- Reserves -€14,208
down €14,208 (-11.9%), from €119,463 to €105,255
of which Distributable reserves: -€14,208
- Short-term financial debts +€11,738
up €11,738, from €0 to €11,738
- Trade debts +€6,723
up €6,723 (+36.8%), from €18,284 to €25,007
- Gross operating margin -€21,552
down €21,552 (-50.9%), from €42,315 to €20,762
- Taxes -€2,328
down €2,328 (-94.1%), from €2,474 to €147
- Financial income +€743
up €743 (+171%), from €434 to €1,177
- Staff costs +€445
up €445, from -€445 to €0
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 | €388,884 | €395,356 | +€6,472 | +1.7% |
| Fixed assets | 21/28 | €236,295 | €219,555 | -€16,740 | -7.1% |
| Tangible fixed assets | 22/27 | €236,245 | €219,505 | -€16,740 | -7.1% |
| Land and buildings | 22 | €201,291 | €195,888 | -€5,403 | -2.7% |
| Plant, machinery and equipment | 23 | €2,071 | €1,076 | -€995 | -48.0% |
| Furniture and vehicles | 24 | €32,883 | €22,542 | -€10,342 | -31.4% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €152,589 | €175,801 | +€23,212 | +15.2% |
| Stocks and contracts in progress | 3 | €25,627 | €33,121 | +€7,494 | +29.2% |
| Stocks | 30/36 | €25,627 | €24,325 | -€1,302 | -5.1% |
| Contracts in progress | 37 | €0 | €8,796 | +€8,796 | |
| Amounts receivable within one year | 40/41 | €120,911 | €135,093 | +€14,182 | +11.7% |
| Trade receivables | 40 | €109,019 | €123,942 | +€14,923 | +13.7% |
| Other amounts receivable | 41 | €11,892 | €11,150 | -€741 | -6.2% |
| Cash at bank and in hand | 54/58 | €1,437 | €1,669 | +€232 | +16.2% |
| Deferred charges and accrued income | 490/1 | €4,615 | €5,919 | +€1,304 | +28.3% |
| Total equity and liabilities | 10/49 | €388,884 | €395,356 | +€6,472 | +1.7% |
| Equity | 10/15 | €125,818 | €111,611 | -€14,208 | -11.3% |
| Contributions | 10/11 | €6,355 | €6,355 | = | 0.0% |
| Reserves | 13 | €119,463 | €105,255 | -€14,208 | -11.9% |
| Non-distributable reserves | 130/1 | €1,875 | €1,875 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,875 | €1,875 | = | 0.0% |
| Distributable reserves | 133 | €117,588 | €103,380 | -€14,208 | -12.1% |
| Amounts payable | 17/49 | €263,066 | €283,746 | +€20,680 | +7.9% |
| Amounts payable after more than one year | 17 | €78,702 | €46,516 | -€32,186 | -40.9% |
| Financial debts | 170/4 | €78,702 | €46,516 | -€32,186 | -40.9% |
| Amounts payable within one year | 42/48 | €176,043 | €229,381 | +€53,339 | +30.3% |
| Current portion of amounts payable after more than one year | 42 | €31,808 | €32,186 | +€378 | +1.2% |
| Financial debts | 43 | €0 | €11,738 | +€11,738 | |
| Credit institutions | 430/8 | €0 | €11,738 | +€11,738 | |
| Trade debts | 44 | €18,284 | €25,007 | +€6,723 | +36.8% |
| Suppliers | 440/4 | €18,284 | €25,007 | +€6,723 | +36.8% |
| Taxes, remuneration and social security | 45 | €8,751 | €4,251 | -€4,500 | -51.4% |
| Taxes | 450/3 | €8,751 | €4,251 | -€4,500 | -51.4% |
| Other amounts payable | 47/48 | €117,200 | €156,200 | +€39,000 | +33.3% |
| Accrued charges and deferred income | 492/3 | €8,321 | €7,849 | -€473 | -5.7% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | -€445 | €0 | +€445 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,548 | €25,338 | -€210 | -0.8% |
| Other operating charges | 640/8 | €6,491 | €6,439 | -€52 | -0.8% |
| Gross operating margin | 9900 | €42,315 | €20,762 | -€21,552 | -50.9% |
| Operating profit (loss) | 9901 | €10,721 | -€11,014 | -€21,735 | |
| Financial income | 75/76B | €434 | €1,177 | +€743 | +171% |
| Recurring financial income | 75 | €434 | €1,177 | +€743 | +171% |
| Financial charges | 65/66B | €4,557 | €4,224 | -€334 | -7.3% |
| Recurring financial charges | 65 | €4,557 | €4,224 | -€334 | -7.3% |
| Profit (loss) for the period before taxes | 9903 | €6,597 | -€14,061 | -€20,659 | |
| Income taxes | 67/77 | €2,474 | €147 | -€2,328 | -94.1% |
| Profit (loss) for the period | 9904 | €4,123 | -€14,208 | -€18,331 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,123 | -€14,208 | -€18,331 |
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 21 October 2026 via checked.be.