BATIVER: 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.
BATIVER
Largest movements
- Cash -€649,583
down €649,583 (-80.6%), from €805,708 to €156,125
mainly Contributions, distributions and other (-€250,000) and Advances received (-€194,005)
- Receivables within one year +€109,117
up €109,117 (+153.0%), from €71,338 to €180,455
of which Trade receivables: +€58,638
- Stocks and contracts +€52,707
up €52,707 (+242.1%), from €21,774 to €74,481
- Tangible fixed assets +€27,760
up €27,760 (+7.4%), from €373,444 to €401,204
of which Furniture and vehicles: +€43,110
- Reserves -€249,694
down €249,694 (-82.6%), from €302,329 to €52,635
of which Distributable reserves: -€249,694
- Advances received -€194,005
down €194,005 (-90.1%), from €215,315 to €21,309
- Trade debts -€29,533
down €29,533 (-8.5%), from €345,973 to €316,440
- Debts after one year +€21,787
new in 2025: €21,787
- Tax, wage and social debts -€13,314
down €13,314 (-35.7%), from €37,288 to €23,974
of which Remuneration and social security: -€8,814
- Gross operating margin -€6,988
down €6,988 (-1.6%), from €434,385 to €427,397
- Depreciation +€6,832
up €6,832 (+39.3%), from €17,386 to €24,218
- Staff costs -€6,078
down €6,078 (-1.5%), from €392,905 to €386,827
- Taxes -€4,935
down €4,935 (-61.3%), from €8,054 to €3,119
- Write-downs +€4,731
up €4,731, from -€4,731 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.
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 | €1,272,264 | €816,867 | -€455,397 | -35.8% |
| Fixed assets | 21/28 | €373,444 | €401,204 | +€27,760 | +7.4% |
| Tangible fixed assets | 22/27 | €373,444 | €401,204 | +€27,760 | +7.4% |
| Land and buildings | 22 | €371,984 | €356,630 | -€15,354 | -4.1% |
| Plant, machinery and equipment | 23 | €1,062 | €1,066 | +€4 | +0.4% |
| Furniture and vehicles | 24 | €398 | €43,508 | +€43,110 | +10829.3% |
| Current assets | 29/58 | €898,820 | €415,662 | -€483,157 | -53.8% |
| Stocks and contracts in progress | 3 | €21,774 | €74,481 | +€52,707 | +242.1% |
| Stocks | 30/36 | €21,774 | €74,481 | +€52,707 | +242.1% |
| Amounts receivable within one year | 40/41 | €71,338 | €180,455 | +€109,117 | +153.0% |
| Trade receivables | 40 | €67,378 | €126,016 | +€58,638 | +87.0% |
| Other amounts receivable | 41 | €3,960 | €54,439 | +€50,478 | +1274.7% |
| Cash at bank and in hand | 54/58 | €805,708 | €156,125 | -€649,583 | -80.6% |
| Deferred charges and accrued income | 490/1 | - | €4,602 | +€4,602 | |
| Total equity and liabilities | 10/49 | €1,272,264 | €816,867 | -€455,397 | -35.8% |
| Equity | 10/15 | €672,329 | €422,635 | -€249,694 | -37.1% |
| Contributions | 10/11 | €370,000 | €370,000 | = | 0.0% |
| Capital | 10 | €370,000 | €370,000 | = | 0.0% |
| Issued capital | 100 | €370,000 | €370,000 | = | 0.0% |
| Reserves | 13 | €302,329 | €52,635 | -€249,694 | -82.6% |
| Non-distributable reserves | 130/1 | €37,000 | €37,000 | = | 0.0% |
| Legal reserve | 130 | €37,000 | €37,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €1,037 | €1,037 | = | 0.0% |
| Distributable reserves | 133 | €264,292 | €14,598 | -€249,694 | -94.5% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €599,935 | €394,232 | -€205,703 | -34.3% |
| Amounts payable after more than one year | 17 | - | €21,787 | +€21,787 | |
| Financial debts | 170/4 | - | €21,787 | +€21,787 | |
| Amounts payable within one year | 42/48 | €599,935 | €372,445 | -€227,490 | -37.9% |
| Current portion of amounts payable after more than one year | 42 | - | €8,876 | +€8,876 | |
| Trade debts | 44 | €345,973 | €316,440 | -€29,533 | -8.5% |
| Suppliers | 440/4 | €345,973 | €316,440 | -€29,533 | -8.5% |
| Advances received on contracts in progress | 46 | €215,315 | €21,309 | -€194,005 | -90.1% |
| Taxes, remuneration and social security | 45 | €37,288 | €23,974 | -€13,314 | -35.7% |
| Taxes | 450/3 | €6,529 | €2,029 | -€4,500 | -68.9% |
| Remuneration and social security | 454/9 | €30,759 | €21,945 | -€8,814 | -28.7% |
| Other amounts payable | 47/48 | €1,360 | €1,846 | +€486 | +35.8% |
| Remuneration, social security and pensions | 62 | €392,905 | €386,827 | -€6,078 | -1.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,386 | €24,218 | +€6,832 | +39.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€4,731 | €0 | +€4,731 | |
| Other operating charges | 640/8 | €14,905 | €12,762 | -€2,143 | -14.4% |
| Gross operating margin | 9900 | €434,385 | €427,397 | -€6,988 | -1.6% |
| Operating profit (loss) | 9901 | €13,921 | €3,591 | -€10,330 | -74.2% |
| Financial income | 75/76B | €344 | €957 | +€613 | +177.8% |
| Recurring financial income | 75 | €344 | €957 | +€613 | +177.8% |
| Financial charges | 65/66B | €5,097 | €1,123 | -€3,975 | -78.0% |
| Recurring financial charges | 65 | €5,097 | €1,123 | -€3,975 | -78.0% |
| Profit (loss) for the period before taxes | 9903 | €9,168 | €3,425 | -€5,743 | -62.6% |
| Income taxes | 67/77 | €8,054 | €3,119 | -€4,935 | -61.3% |
| Profit (loss) for the period | 9904 | €1,114 | €306 | -€808 | -72.5% |
| Profit (loss) for the period to be appropriated | 9905 | €1,114 | €306 | -€808 | -72.5% |
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 9 October 2026 via checked.be.