Batraco: 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.
What changed
Batraco
NACE 55.100, Hotels and similar accommodation
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€245,412
2024 · -€219,378-€26,034
Equity
€8.9m
2024 · €9.1m-€245,412
Cash
€22,314
2024 · €14,045+€8,269
Balance sheet total
€16.5m
2024 · €16.9m-€410,126
Largest movements
Assets
- Tangible fixed assets -€433,158
down €433,158 (-2.6%), from €16.9m to €16.4m
of which Other tangible fixed assets: -€916,549
Equity and liabilities
- Revaluation surpluses -€411,787
down €411,787 (-4.7%), from €8.8m to €8.4m
- Reserves +€394,948
up €394,948 (+33.6%), from €1.2m to €1.6m
of which Distributable reserves: +€411,787
- Profit (loss) carried forward -€228,573
down €228,573 (-7.0%), from -€3.3m to -€3.5m
Income statement
- Depreciation +€48,000
up €48,000 (+6.0%), from €800,232 to €848,232
- Gross operating margin +€11,911
up €11,911 (+1.4%), from €843,829 to €855,739
- Financial charges -€10,731
down €10,731 (-5.7%), from €188,122 to €177,392
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
-€219,378
Gross operating margin
+€11,911
Depreciation
-€48,000
Other operating charges
-€676
Financial income
+€0
Financial charges
+€10,731
Result 2025
-€245,412
raises the resultlowers the result
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.
From operations
+€397,735
Investment
-€415,074
Financing
+€25,608
Cash 2024
€14,045
From operations (derived)
+€397,735
Net result for the year
-€245,412
Depreciation
+€848,232
Receivables within one year
-€14,135
Smaller working-capital items
+€324
Provisions
-€13,362
Trade debts
-€25,474
Other debts
-€152,437
Investment (derived)
-€415,074
Investment in fixed assets (net)
-€415,074
Financing
+€25,608
Debts after one year
-€27,110
Current portion of long-term debt
+€52,718
Cash 2025
€22,314
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €16,877,492 | €16,467,367 | -€410,126 | -2.4% |
| Fixed assets | 21/28 | €16,856,735 | €16,423,577 | -€433,158 | -2.6% |
| Tangible fixed assets | 22/27 | €16,855,935 | €16,422,777 | -€433,158 | -2.6% |
| Land and buildings | 22 | €15,765,031 | €15,091,148 | -€673,882 | -4.3% |
| Plant, machinery and equipment | 23 | €159,913 | €1,331,629 | +€1.2m | +733% |
| Furniture and vehicles | 24 | €14,442 | - | -€14,442 | |
| Other tangible fixed assets | 26 | €916,549 | - | -€916,549 | |
| Financial fixed assets | 28 | €800 | €800 | = | 0.0% |
| Current assets | 29/58 | €20,757 | €43,790 | +€23,033 | +111% |
| Amounts receivable within one year | 40/41 | €6,108 | €20,244 | +€14,135 | +231% |
| Trade receivables | 40 | €6,108 | €20,244 | +€14,135 | +231% |
| Cash at bank and in hand | 54/58 | €14,045 | €22,314 | +€8,269 | +58.9% |
| Deferred charges and accrued income | 490/1 | €604 | €1,233 | +€629 | +104% |
| Total equity and liabilities | 10/49 | €16,877,492 | €16,467,367 | -€410,126 | -2.4% |
| Equity | 10/15 | €9,143,540 | €8,898,128 | -€245,412 | -2.7% |
| Contributions | 10/11 | €2,481,236 | €2,481,236 | = | 0.0% |
| Capital | 10 | €2,436,713 | €2,436,713 | = | 0.0% |
| Issued capital | 100 | €2,436,713 | €2,436,713 | = | 0.0% |
| Contributions outside capital | 11 | €44,523 | €44,523 | = | 0.0% |
| Share premium | 1100/10 | €44,523 | €44,523 | = | 0.0% |
| Revaluation surpluses | 12 | €8,774,725 | €8,362,938 | -€411,787 | -4.7% |
| Reserves | 13 | €1,174,130 | €1,569,078 | +€394,948 | +33.6% |
| Non-distributable reserves | 130/1 | €12,905 | €12,905 | = | 0.0% |
| Legal reserve | 130 | €12,905 | €12,905 | = | 0.0% |
| Tax-exempt reserves | 132 | €60,950 | €44,110 | -€16,840 | -27.6% |
| Distributable reserves | 133 | €1,100,275 | €1,512,062 | +€411,787 | +37.4% |
| Profit (loss) carried forward | 14 | -€3,286,551 | -€3,515,124 | -€228,573 | -7.0% |
| Provisions and deferred taxes | 16 | €29,656 | €16,294 | -€13,362 | -45.1% |
| Deferred taxes | 168 | €29,656 | €16,294 | -€13,362 | -45.1% |
| Amounts payable | 17/49 | €7,704,296 | €7,552,945 | -€151,351 | -2.0% |
| Amounts payable after more than one year | 17 | €6,858,963 | €6,831,853 | -€27,110 | -0.4% |
| Financial debts | 170/4 | €6,858,963 | €6,831,853 | -€27,110 | -0.4% |
| Amounts payable within one year | 42/48 | €839,643 | €714,450 | -€125,193 | -14.9% |
| Current portion of amounts payable after more than one year | 42 | €407,722 | €460,441 | +€52,718 | +12.9% |
| Trade debts | 44 | €26,924 | €1,450 | -€25,474 | -94.6% |
| Suppliers | 440/4 | €26,924 | €1,450 | -€25,474 | -94.6% |
| Other amounts payable | 47/48 | €404,997 | €252,560 | -€152,437 | -37.6% |
| Accrued charges and deferred income | 492/3 | €5,690 | €6,643 | +€953 | +16.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €800,232 | €848,232 | +€48,000 | +6.0% |
| Other operating charges | 640/8 | €88,215 | €88,890 | +€676 | +0.8% |
| Gross operating margin | 9900 | €843,829 | €855,739 | +€11,911 | +1.4% |
| Operating profit (loss) | 9901 | -€44,618 | -€81,383 | -€36,765 | -82.4% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €188,122 | €177,392 | -€10,731 | -5.7% |
| Recurring financial charges | 65 | €188,122 | €177,392 | -€10,731 | -5.7% |
| Profit (loss) for the period before taxes | 9903 | -€232,740 | -€258,775 | -€26,034 | -11.2% |
| Transfer from deferred taxes | 780 | €13,362 | €13,362 | = | 0.0% |
| Profit (loss) for the period | 9904 | -€219,378 | -€245,412 | -€26,034 | -11.9% |
| Transfer from tax-exempt reserves | 789 | €16,840 | €16,840 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€202,538 | -€228,573 | -€26,034 | -12.9% |
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 17 October 2026 via checked.be.