BATRECO: 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.
BATRECO
Largest movements
- Cash -€10,685
down €10,685 (-67.8%), from €15,758 to €5,073
mainly Net result for the year (-€20,866) and Provisions (-€7,351)
- Tangible fixed assets -€7,551
down €7,551 (-3.8%), from €196,753 to €189,202
- Reserves -€22,063
down €22,063 (-35.8%), from €61,625 to €39,563
of which Tax-exempt reserves: -€22,063
- Provisions -€7,351
down €7,351 (-50.0%), from €14,704 to €7,353
- Other debts +€7,294
up €7,294 (+44.9%), from €16,232 to €23,526
- Trade debts +€3,800
up €3,800 (+475.8%), from €799 to €4,599
- Tax, wage and social debts -€2,417
down €2,417 (-32.4%), from €7,468 to €5,051
- Gross operating margin -€15,042
down €15,042, from €3,425 to -€11,616
- Taxes +€812
up €812 (+13.7%), from €5,912 to €6,724
- Depreciation -€393
down €393 (-3.9%), from €10,121 to €9,728
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 | €215,119 | €195,579 | -€19,540 | -9.1% |
| Fixed assets | 21/28 | €199,361 | €190,506 | -€8,855 | -4.4% |
| Intangible fixed assets | 21 | €2,608 | €1,304 | -€1,304 | -50.0% |
| Tangible fixed assets | 22/27 | €196,753 | €189,202 | -€7,551 | -3.8% |
| Land and buildings | 22 | €183,923 | €181,423 | -€2,500 | -1.4% |
| Furniture and vehicles | 24 | €8,450 | €4,859 | -€3,591 | -42.5% |
| Other tangible fixed assets | 26 | €4,380 | €2,920 | -€1,460 | -33.3% |
| Current assets | 29/58 | €15,758 | €5,073 | -€10,685 | -67.8% |
| Cash at bank and in hand | 54/58 | €15,758 | €5,073 | -€10,685 | -67.8% |
| Total equity and liabilities | 10/49 | €215,119 | €195,579 | -€19,540 | -9.1% |
| Equity | 10/15 | €175,917 | €155,050 | -€20,866 | -11.9% |
| Contributions | 10/11 | €175,000 | €175,000 | = | 0.0% |
| Capital | 10 | €175,000 | €175,000 | = | 0.0% |
| Issued capital | 100 | €175,000 | €175,000 | = | 0.0% |
| Reserves | 13 | €61,625 | €39,563 | -€22,063 | -35.8% |
| Non-distributable reserves | 130/1 | €17,500 | €17,500 | = | 0.0% |
| Legal reserve | 130 | €17,500 | €17,500 | = | 0.0% |
| Tax-exempt reserves | 132 | €44,125 | €22,063 | -€22,063 | -50.0% |
| Profit (loss) carried forward | 14 | -€60,708 | -€59,512 | +€1,196 | +2.0% |
| Provisions and deferred taxes | 16 | €14,704 | €7,353 | -€7,351 | -50.0% |
| Deferred taxes | 168 | €14,704 | €7,353 | -€7,351 | -50.0% |
| Amounts payable | 17/49 | €24,498 | €33,175 | +€8,677 | +35.4% |
| Amounts payable within one year | 42/48 | €24,498 | €33,175 | +€8,677 | +35.4% |
| Trade debts | 44 | €799 | €4,599 | +€3,800 | +475.8% |
| Suppliers | 440/4 | €799 | €4,599 | +€3,800 | +475.8% |
| Taxes, remuneration and social security | 45 | €7,468 | €5,051 | -€2,417 | -32.4% |
| Taxes | 450/3 | €7,468 | €5,051 | -€2,417 | -32.4% |
| Other amounts payable | 47/48 | €16,232 | €23,526 | +€7,294 | +44.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,121 | €9,728 | -€393 | -3.9% |
| Gross operating margin | 9900 | €3,425 | -€11,616 | -€15,042 | |
| Operating profit (loss) | 9901 | -€6,696 | -€21,345 | -€14,649 | -218.8% |
| Financial charges | 65/66B | €207 | €149 | -€59 | -28.3% |
| Recurring financial charges | 65 | €207 | €149 | -€59 | -28.3% |
| Profit (loss) for the period before taxes | 9903 | -€6,903 | -€21,493 | -€14,590 | -211.4% |
| Transfer from deferred taxes | 780 | €7,351 | €7,351 | = | 0.0% |
| Income taxes | 67/77 | €5,912 | €6,724 | +€812 | +13.7% |
| Profit (loss) for the period | 9904 | -€5,464 | -€20,866 | -€15,403 | -281.9% |
| Transfer from tax-exempt reserves | 789 | €22,063 | €22,063 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €16,599 | €1,196 | -€15,403 | -92.8% |
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 4 October 2026 via checked.be.