BATROS: 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.
BATROS
Largest movements
- Cash +€50,941
up €50,941 (+489.9%), from €10,398 to €61,340
mainly Receivables within one year (+€35,026) and Net result for the year (+€32,600)
- Receivables within one year -€35,026
down €35,026 (-32.5%), from €107,786 to €72,760
of which Trade receivables: -€38,365
- Tangible fixed assets -€10,720
down €10,720 (-26.3%), from €40,761 to €30,040
of which Leasing and similar rights: -€11,200
- Deferred charges and accrued income +€2,714
up €2,714 (+6370.5%), from €43 to €2,756
- Reserves +€26,990
up €26,990 (+27.7%), from €97,450 to €124,440
- Debts after one year -€13,072
down €13,072 (-77.3%), from €16,900 to €3,828
- Other debts -€8,744
down €8,744 (-96.4%), from €9,073 to €329
- Tax, wage and social debts +€4,031
up €4,031 (+35.1%), from €11,471 to €15,502
- Trade debts -€2,746
down €2,746 (-51.1%), from €5,371 to €2,626
- Gross operating margin -€4,000
down €4,000 (-5.8%), from €69,234 to €65,234
- Other operating charges +€713
up €713 (+25.1%), from €2,842 to €3,555
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 | €158,988 | €166,897 | +€7,909 | +5.0% |
| Fixed assets | 21/28 | €40,761 | €30,040 | -€10,720 | -26.3% |
| Tangible fixed assets | 22/27 | €40,761 | €30,040 | -€10,720 | -26.3% |
| Plant, machinery and equipment | 23 | €3,703 | €2,825 | -€878 | -23.7% |
| Furniture and vehicles | 24 | €1,919 | €3,561 | +€1,642 | +85.6% |
| Leasing and similar rights | 25 | €34,855 | €23,655 | -€11,200 | -32.1% |
| Other tangible fixed assets | 26 | €285 | - | -€285 | |
| Current assets | 29/58 | €118,227 | €136,856 | +€18,629 | +15.8% |
| Amounts receivable within one year | 40/41 | €107,786 | €72,760 | -€35,026 | -32.5% |
| Trade receivables | 40 | €106,730 | €68,365 | -€38,365 | -35.9% |
| Other amounts receivable | 41 | €1,056 | €4,395 | +€3,339 | +316.1% |
| Cash at bank and in hand | 54/58 | €10,398 | €61,340 | +€50,941 | +489.9% |
| Deferred charges and accrued income | 490/1 | €43 | €2,756 | +€2,714 | +6370.5% |
| Total equity and liabilities | 10/49 | €158,988 | €166,897 | +€7,909 | +5.0% |
| Equity | 10/15 | €105,526 | €132,526 | +€27,000 | +25.6% |
| Contributions | 10/11 | €8,060 | €8,060 | = | 0.0% |
| Reserves | 13 | €97,450 | €124,440 | +€26,990 | +27.7% |
| Distributable reserves | 133 | €97,450 | €124,440 | +€26,990 | +27.7% |
| Profit (loss) carried forward | 14 | €16 | €26 | +€10 | +64.0% |
| Amounts payable | 17/49 | €53,462 | €34,370 | -€19,092 | -35.7% |
| Amounts payable after more than one year | 17 | €16,900 | €3,828 | -€13,072 | -77.3% |
| Financial debts | 170/4 | €16,900 | €3,828 | -€13,072 | -77.3% |
| Amounts payable within one year | 42/48 | €36,562 | €30,542 | -€6,020 | -16.5% |
| Current portion of amounts payable after more than one year | 42 | €10,646 | €12,086 | +€1,440 | +13.5% |
| Trade debts | 44 | €5,371 | €2,626 | -€2,746 | -51.1% |
| Suppliers | 440/4 | €5,371 | €2,626 | -€2,746 | -51.1% |
| Taxes, remuneration and social security | 45 | €11,471 | €15,502 | +€4,031 | +35.1% |
| Taxes | 450/3 | €11,471 | €15,502 | +€4,031 | +35.1% |
| Other amounts payable | 47/48 | €9,073 | €329 | -€8,744 | -96.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,050 | €14,290 | +€240 | +1.7% |
| Other operating charges | 640/8 | €2,842 | €3,555 | +€713 | +25.1% |
| Gross operating margin | 9900 | €69,234 | €65,234 | -€4,000 | -5.8% |
| Operating profit (loss) | 9901 | €52,342 | €47,389 | -€4,953 | -9.5% |
| Financial charges | 65/66B | €1,635 | €1,188 | -€448 | -27.4% |
| Recurring financial charges | 65 | €1,635 | €1,188 | -€448 | -27.4% |
| Profit (loss) for the period before taxes | 9903 | €50,707 | €46,202 | -€4,505 | -8.9% |
| Income taxes | 67/77 | €14,078 | €13,601 | -€477 | -3.4% |
| Profit (loss) for the period | 9904 | €36,628 | €32,600 | -€4,028 | -11.0% |
| Profit (loss) for the period to be appropriated | 9905 | €36,628 | €32,600 | -€4,028 | -11.0% |
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 8 October 2026 via checked.be.