BATIXEL: 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.
BATIXEL
Largest movements
- Cash -€564,861
down €564,861 (-89.5%), from €631,193 to €66,332
mainly Current investments (-€450,171) and Tax, wage and social debts (-€82,171)
- Current investments +€450,171
new in 2025: €450,171
- Tangible fixed assets +€32,856
up €32,856 (+9.3%), from €354,920 to €387,776
of which Furniture and vehicles: +€48,837
- Tax, wage and social debts -€82,171
down €82,171 (-95.3%), from €86,235 to €4,064
- Gross operating margin -€574,010
down €574,010 (-96.8%), from €593,190 to €19,180
- Taxes -€119,472
down €119,472 (-99.8%), from €119,760 to €288
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 | €986,873 | €907,244 | -€79,629 | -8.1% |
| Fixed assets | 21/28 | €354,945 | €387,801 | +€32,856 | +9.3% |
| Tangible fixed assets | 22/27 | €354,920 | €387,776 | +€32,856 | +9.3% |
| Land and buildings | 22 | €354,065 | €338,084 | -€15,981 | -4.5% |
| Furniture and vehicles | 24 | €855 | €49,692 | +€48,837 | +5711.9% |
| Financial fixed assets | 28 | €25 | €25 | = | 0.0% |
| Current assets | 29/58 | €631,928 | €519,443 | -€112,485 | -17.8% |
| Amounts receivable within one year | 40/41 | €87 | €2,085 | +€1,998 | +2296.6% |
| Other amounts receivable | 41 | €87 | €2,085 | +€1,998 | +2296.6% |
| Current investments | 50/53 | - | €450,171 | +€450,171 | |
| Cash at bank and in hand | 54/58 | €631,193 | €66,332 | -€564,861 | -89.5% |
| Deferred charges and accrued income | 490/1 | €648 | €855 | +€207 | +31.9% |
| Total equity and liabilities | 10/49 | €986,873 | €907,244 | -€79,629 | -8.1% |
| Equity | 10/15 | €703,979 | €698,465 | -€5,514 | -0.8% |
| Contributions | 10/11 | €120,000 | €120,000 | = | 0.0% |
| Reserves | 13 | €12,000 | €12,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €12,000 | €12,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €571,979 | €566,465 | -€5,514 | -1.0% |
| Amounts payable | 17/49 | €282,894 | €208,779 | -€74,115 | -26.2% |
| Amounts payable after more than one year | 17 | €141,463 | €146,178 | +€4,715 | +3.3% |
| Financial debts | 170/4 | €101,463 | €106,178 | +€4,715 | +4.6% |
| Other amounts payable | 178/9 | €40,000 | €40,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €141,322 | €62,475 | -€78,847 | -55.8% |
| Current portion of amounts payable after more than one year | 42 | €14,754 | €22,302 | +€7,548 | +51.2% |
| Trade debts | 44 | €3,771 | €3,629 | -€142 | -3.8% |
| Suppliers | 440/4 | €3,771 | €3,629 | -€142 | -3.8% |
| Taxes, remuneration and social security | 45 | €86,235 | €4,064 | -€82,171 | -95.3% |
| Taxes | 450/3 | €86,235 | €4,064 | -€82,171 | -95.3% |
| Other amounts payable | 47/48 | €36,562 | €32,480 | -€4,082 | -11.2% |
| Accrued charges and deferred income | 492/3 | €109 | €126 | +€17 | +15.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,493 | €20,018 | +€3,525 | +21.4% |
| Other operating charges | 640/8 | €9,105 | €6,800 | -€2,305 | -25.3% |
| Gross operating margin | 9900 | €593,190 | €19,180 | -€574,010 | -96.8% |
| Operating profit (loss) | 9901 | €567,592 | -€7,638 | -€575,230 | |
| Financial income | 75/76B | - | €5,005 | +€5,005 | |
| Recurring financial income | 75 | - | €5,005 | +€5,005 | |
| Financial charges | 65/66B | €5,930 | €2,593 | -€3,337 | -56.3% |
| Recurring financial charges | 65 | €5,930 | €2,593 | -€3,337 | -56.3% |
| Profit (loss) for the period before taxes | 9903 | €561,662 | -€5,226 | -€566,888 | |
| Income taxes | 67/77 | €119,760 | €288 | -€119,472 | -99.8% |
| Profit (loss) for the period | 9904 | €441,902 | -€5,514 | -€447,416 | |
| Profit (loss) for the period to be appropriated | 9905 | €441,902 | -€5,514 | -€447,416 |
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 6 October 2026 via checked.be.