BatiZen'Art: 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.
BatiZen'Art
Largest movements
- Cash +€81,342
up €81,342 (+106%), from €76,532 to €157,874
mainly Net result for the year (+€115,595) and Other debts (+€88,235)
- Tangible fixed assets -€24,465
down €24,465 (-36.8%), from €66,495 to €42,030
of which Furniture and vehicles: -€20,572
- Receivables within one year -€13,025
down €13,025 (-12.9%), from €101,354 to €88,329
of which Trade receivables: -€32,848
- Deferred charges and accrued income +€4,771
up €4,771 (+58.5%), from €8,154 to €12,925
- Other debts +€88,235
up €88,235 (+300%), from €29,412 to €117,647
- Trade debts -€19,068
down €19,068 (-28.9%), from €65,924 to €46,856
- Debts after one year -€13,655
down €13,655 (-38.4%), from €35,519 to €21,864
- Tax, wage and social debts -€12,487
down €12,487 (-92.0%), from €13,573 to €1,086
of which Remuneration and social security: -€12,741
- Accrued charges and deferred income +€4,461
up €4,461 (+365%), from €1,221 to €5,682
- Gross operating margin +€99,107
up €99,107 (+55.7%), from €177,782 to €276,889
- Staff costs +€32,995
up €32,995 (+46.5%), from €70,967 to €103,962
- Taxes +€13,635
up €13,635 (+99.7%), from €13,682 to €27,317
- Other operating charges -€5,932
down €5,932 (-69.5%), from €8,535 to €2,604
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 | €263,970 | €309,983 | +€46,013 | +17.4% |
| Fixed assets | 21/28 | €67,054 | €42,589 | -€24,465 | -36.5% |
| Tangible fixed assets | 22/27 | €66,495 | €42,030 | -€24,465 | -36.8% |
| Plant, machinery and equipment | 23 | €9,060 | €5,167 | -€3,893 | -43.0% |
| Furniture and vehicles | 24 | €57,435 | €36,863 | -€20,572 | -35.8% |
| Financial fixed assets | 28 | €559 | €559 | = | 0.0% |
| Current assets | 29/58 | €196,916 | €267,394 | +€70,478 | +35.8% |
| Amounts receivable after more than one year | 29 | €10,876 | €8,266 | -€2,610 | -24.0% |
| Other amounts receivable | 291 | €10,876 | €8,266 | -€2,610 | -24.0% |
| Amounts receivable within one year | 40/41 | €101,354 | €88,329 | -€13,025 | -12.9% |
| Trade receivables | 40 | €87,523 | €54,675 | -€32,848 | -37.5% |
| Other amounts receivable | 41 | €13,831 | €33,654 | +€19,823 | +143% |
| Cash at bank and in hand | 54/58 | €76,532 | €157,874 | +€81,342 | +106% |
| Deferred charges and accrued income | 490/1 | €8,154 | €12,925 | +€4,771 | +58.5% |
| Total equity and liabilities | 10/49 | €263,970 | €309,983 | +€46,013 | +17.4% |
| Equity | 10/15 | €102,244 | €100,192 | -€2,052 | -2.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,900 | +€40 | +2.2% |
| Tax-exempt reserves | 132 | - | €40 | +€40 | |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €81,784 | €79,692 | -€2,092 | -2.6% |
| Amounts payable | 17/49 | €161,725 | €209,791 | +€48,066 | +29.7% |
| Amounts payable after more than one year | 17 | €35,519 | €21,864 | -€13,655 | -38.4% |
| Financial debts | 170/4 | €35,519 | €21,864 | -€13,655 | -38.4% |
| Amounts payable within one year | 42/48 | €124,985 | €182,245 | +€57,260 | +45.8% |
| Current portion of amounts payable after more than one year | 42 | €16,076 | €13,655 | -€2,421 | -15.1% |
| Trade debts | 44 | €65,924 | €46,856 | -€19,068 | -28.9% |
| Suppliers | 440/4 | €65,924 | €46,856 | -€19,068 | -28.9% |
| Advances received on contracts in progress | 46 | - | €3,000 | +€3,000 | |
| Taxes, remuneration and social security | 45 | €13,573 | €1,086 | -€12,487 | -92.0% |
| Taxes | 450/3 | €745 | €1,000 | +€255 | +34.2% |
| Remuneration and social security | 454/9 | €12,828 | €86 | -€12,741 | -99.3% |
| Other amounts payable | 47/48 | €29,412 | €117,647 | +€88,235 | +300% |
| Accrued charges and deferred income | 492/3 | €1,221 | €5,682 | +€4,461 | +365% |
| Remuneration, social security and pensions | 62 | €70,967 | €103,962 | +€32,995 | +46.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,072 | €25,607 | +€535 | +2.1% |
| Other operating charges | 640/8 | €8,535 | €2,604 | -€5,932 | -69.5% |
| Gross operating margin | 9900 | €177,782 | €276,889 | +€99,107 | +55.7% |
| Operating profit (loss) | 9901 | €73,207 | €144,716 | +€71,509 | +97.7% |
| Financial income | 75/76B | €240 | €200 | -€40 | -16.7% |
| Recurring financial income | 75 | €240 | €200 | -€40 | -16.7% |
| Financial charges | 65/66B | €2,456 | €2,005 | -€451 | -18.4% |
| Recurring financial charges | 65 | €2,456 | €2,005 | -€451 | -18.4% |
| Profit (loss) for the period before taxes | 9903 | €70,991 | €142,911 | +€71,920 | +101% |
| Income taxes | 67/77 | €13,682 | €27,317 | +€13,635 | +99.7% |
| Profit (loss) for the period | 9904 | €57,309 | €115,595 | +€58,286 | +102% |
| Transfer to tax-exempt reserves | 689 | - | €40 | +€40 | |
| Profit (loss) for the period to be appropriated | 9905 | €57,309 | €115,555 | +€58,246 | +102% |
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 19 October 2026 via checked.be.