BATOLO: 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.
What changed
BATOLO
NACE 46.190, Agents in non-specialised wholesale trade
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€2,430
2024 · €4,841-€2,411
Equity
€3.2m
2024 · €3.0m+€142,430
Cash
€327,158
2024 · €314,691+€12,467
Balance sheet total
€3.2m
2024 · €3.1m+€125,400
Largest movements
Assets
- Tangible fixed assets +€112,532
up €112,532 (+4.1%), from €2.8m to €2.9m
of which Land and buildings: +€121,093
Equity and liabilities
- Contributions +€140,000
up €140,000 (+6.2%), from €2.3m to €2.4m
Income statement
- Depreciation +€30,446
up €30,446 (+45.5%), from €66,866 to €97,312
- Gross operating margin +€15,432
up €15,432 (+18.3%), from €84,235 to €99,666
- Other operating charges -€9,338
down €9,338 (-37.6%), from €24,820 to €15,483
- Financial income +€1,933
up €1,933 (+13.4%), from €14,419 to €16,352
- Taxes -€1,041
down €1,041 (-62.3%), from €1,670 to €629
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.
Result 2024
€4,841
Gross operating margin
+€15,432
Depreciation
-€30,446
Other operating charges
+€9,338
Financial income
+€1,933
Financial charges
+€292
Taxes
+€1,041
Result 2025
€2,430
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.
From operations
+€82,312
Investment
-€209,845
Financing
+€140,000
Cash 2024
€314,691
From operations (derived)
+€82,312
Net result for the year
+€2,430
Depreciation
+€97,312
Stocks and contracts
+€852
Receivables within one year
-€1,272
Smaller working-capital items
+€284
Trade debts
-€16,004
Other debts
-€3,735
Accrued charges and deferred income
+€2,445
Investment (derived)
-€209,845
Investment in fixed assets (net)
-€209,845
Financing
+€140,000
Contributions, distributions and other
+€140,000
Cash 2025
€327,158
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,080,608 | €3,206,008 | +€125,400 | +4.1% |
| Fixed assets | 21/28 | €2,759,074 | €2,871,606 | +€112,532 | +4.1% |
| Intangible fixed assets | 21 | €3,802 | €3,802 | = | 0.0% |
| Tangible fixed assets | 22/27 | €2,755,272 | €2,867,804 | +€112,532 | +4.1% |
| Land and buildings | 22 | €2,732,641 | €2,853,733 | +€121,093 | +4.4% |
| Plant, machinery and equipment | 23 | €12,006 | €9,171 | -€2,836 | -23.6% |
| Furniture and vehicles | 24 | €10,625 | €4,900 | -€5,725 | -53.9% |
| Current assets | 29/58 | €321,533 | €334,402 | +€12,868 | +4.0% |
| Stocks and contracts in progress | 3 | €852 | - | -€852 | |
| Stocks | 30/36 | €852 | - | -€852 | |
| Amounts receivable within one year | 40/41 | €2,666 | €3,938 | +€1,272 | +47.7% |
| Trade receivables | 40 | €2,045 | €2,045 | = | 0.0% |
| Other amounts receivable | 41 | €621 | €1,894 | +€1,272 | +204.8% |
| Cash at bank and in hand | 54/58 | €314,691 | €327,158 | +€12,467 | +4.0% |
| Deferred charges and accrued income | 490/1 | €3,325 | €3,305 | -€20 | -0.6% |
| Total equity and liabilities | 10/49 | €3,080,608 | €3,206,008 | +€125,400 | +4.1% |
| Equity | 10/15 | €3,046,637 | €3,189,067 | +€142,430 | +4.7% |
| Contributions | 10/11 | €2,264,440 | €2,404,440 | +€140,000 | +6.2% |
| Reserves | 13 | €782,197 | €784,627 | +€2,430 | +0.3% |
| Non-distributable reserves | 130/1 | €48,849 | €48,849 | = | 0.0% |
| Reserves not available under the articles | 1311 | €48,849 | €48,849 | = | 0.0% |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Distributable reserves | 133 | €714,598 | €717,028 | +€2,430 | +0.3% |
| Amounts payable | 17/49 | €33,970 | €16,941 | -€17,029 | -50.1% |
| Amounts payable within one year | 42/48 | €32,750 | €13,276 | -€19,474 | -59.5% |
| Trade debts | 44 | €16,263 | €259 | -€16,004 | -98.4% |
| Suppliers | 440/4 | €16,263 | €259 | -€16,004 | -98.4% |
| Taxes, remuneration and social security | 45 | €659 | €924 | +€265 | +40.2% |
| Taxes | 450/3 | €159 | €424 | +€265 | +166.5% |
| Remuneration and social security | 454/9 | €500 | €500 | = | 0.0% |
| Other amounts payable | 47/48 | €15,828 | €12,094 | -€3,735 | -23.6% |
| Accrued charges and deferred income | 492/3 | €1,220 | €3,665 | +€2,445 | +200.4% |
| Non-recurring operating income | 76A | - | €254 | +€254 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €66,866 | €97,312 | +€30,446 | +45.5% |
| Other operating charges | 640/8 | €24,820 | €15,483 | -€9,338 | -37.6% |
| Gross operating margin | 9900 | €84,235 | €99,666 | +€15,432 | +18.3% |
| Operating profit (loss) | 9901 | -€7,452 | -€13,129 | -€5,677 | -76.2% |
| Financial income | 75/76B | €14,419 | €16,352 | +€1,933 | +13.4% |
| Recurring financial income | 75 | €14,419 | €16,352 | +€1,933 | +13.4% |
| Financial charges | 65/66B | €457 | €165 | -€292 | -63.9% |
| Recurring financial charges | 65 | €457 | €165 | -€292 | -63.9% |
| Profit (loss) for the period before taxes | 9903 | €6,511 | €3,059 | -€3,452 | -53.0% |
| Income taxes | 67/77 | €1,670 | €629 | -€1,041 | -62.3% |
| Profit (loss) for the period | 9904 | €4,841 | €2,430 | -€2,411 | -49.8% |
| Profit (loss) for the period to be appropriated | 9905 | €4,841 | €2,430 | -€2,411 | -49.8% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.