BATMAZ: 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.
BATMAZ
Largest movements
- Tangible fixed assets -€10,000
down €10,000 (-46.2%), from €21,653 to €11,653
of which Leasing and similar rights: -€10,395
- Cash +€6,307
up €6,307 (+10.9%), from €58,059 to €64,365
mainly Depreciation (+€12,007) and Net result for the year (+€5,867)
- Stocks and contracts +€2,468
up €2,468 (+42.6%), from €5,800 to €8,268
- Current portion of long-term debt -€8,912
no longer reported in 2025 (was €8,912)
- Profit (loss) carried forward +€5,867
up €5,867 (+34.9%), from €16,832 to €22,699
- Trade debts +€2,422
up €2,422 (+32.1%), from €7,551 to €9,973
- Gross operating margin +€26,293
up €26,293 (+20.5%), from €128,194 to €154,486
- Staff costs +€20,136
up €20,136 (+18.7%), from €107,967 to €128,103
- Other operating charges -€2,367
down €2,367 (-60.9%), from €3,888 to €1,521
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 | €98,882 | €98,167 | -€716 | -0.7% |
| Fixed assets | 21/28 | €24,353 | €14,353 | -€10,000 | -41.1% |
| Tangible fixed assets | 22/27 | €21,653 | €11,653 | -€10,000 | -46.2% |
| Plant, machinery and equipment | 23 | €11,258 | €11,653 | +€395 | +3.5% |
| Leasing and similar rights | 25 | €10,395 | - | -€10,395 | |
| Financial fixed assets | 28 | €2,700 | €2,700 | = | 0.0% |
| Current assets | 29/58 | €74,529 | €83,814 | +€9,285 | +12.5% |
| Stocks and contracts in progress | 3 | €5,800 | €8,268 | +€2,468 | +42.6% |
| Stocks | 30/36 | €5,800 | €8,268 | +€2,468 | +42.6% |
| Amounts receivable within one year | 40/41 | €8,989 | €9,062 | +€73 | +0.8% |
| Trade receivables | 40 | €700 | €2,242 | +€1,542 | +220.3% |
| Other amounts receivable | 41 | €8,289 | €6,820 | -€1,469 | -17.7% |
| Cash at bank and in hand | 54/58 | €58,059 | €64,365 | +€6,307 | +10.9% |
| Deferred charges and accrued income | 490/1 | €1,682 | €2,118 | +€436 | +25.9% |
| Total equity and liabilities | 10/49 | €98,882 | €98,167 | -€716 | -0.7% |
| Equity | 10/15 | €61,364 | €67,231 | +€5,867 | +9.6% |
| Contributions | 10/11 | €12,600 | €12,600 | = | 0.0% |
| Reserves | 13 | €31,932 | €31,932 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €30,072 | €30,072 | = | 0.0% |
| Profit (loss) carried forward | 14 | €16,832 | €22,699 | +€5,867 | +34.9% |
| Amounts payable | 17/49 | €37,518 | €30,936 | -€6,582 | -17.5% |
| Amounts payable within one year | 42/48 | €37,518 | €30,936 | -€6,582 | -17.5% |
| Current portion of amounts payable after more than one year | 42 | €8,912 | - | -€8,912 | |
| Trade debts | 44 | €7,551 | €9,973 | +€2,422 | +32.1% |
| Suppliers | 440/4 | €7,551 | €9,973 | +€2,422 | +32.1% |
| Taxes, remuneration and social security | 45 | €20,985 | €20,892 | -€93 | -0.4% |
| Taxes | 450/3 | €11,708 | €4,251 | -€7,457 | -63.7% |
| Remuneration and social security | 454/9 | €9,278 | €16,642 | +€7,364 | +79.4% |
| Other amounts payable | 47/48 | €69 | €70 | +€1 | +1.3% |
| Remuneration, social security and pensions | 62 | €107,967 | €128,103 | +€20,136 | +18.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,156 | €12,007 | +€851 | +7.6% |
| Other operating charges | 640/8 | €3,888 | €1,521 | -€2,367 | -60.9% |
| Gross operating margin | 9900 | €128,194 | €154,486 | +€26,293 | +20.5% |
| Operating profit (loss) | 9901 | €5,183 | €12,855 | +€7,672 | +148.0% |
| Financial income | 75/76B | €0 | €4 | +€4 | +11100.0% |
| Recurring financial income | 75 | €0 | €4 | +€4 | +11100.0% |
| Financial charges | 65/66B | €4,803 | €5,973 | +€1,170 | +24.4% |
| Recurring financial charges | 65 | €4,803 | €5,973 | +€1,170 | +24.4% |
| Profit (loss) for the period before taxes | 9903 | €380 | €6,886 | +€6,506 | +1714.4% |
| Income taxes | 67/77 | €448 | €1,019 | +€571 | +127.6% |
| Profit (loss) for the period | 9904 | -€68 | €5,867 | +€5,935 | |
| Profit (loss) for the period to be appropriated | 9905 | -€68 | €5,867 | +€5,935 |
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.