BATS: 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.
BATS
Largest movements
- Receivables within one year -€172,469
down €172,469 (-83.3%), from €206,970 to €34,502
of which Trade receivables: -€148,038
- Stocks and contracts -€51,300
down €51,300 (-30.9%), from €165,821 to €114,521
- Tangible fixed assets -€10,616
down €10,616 (-11.1%), from €95,555 to €84,938
of which Plant, machinery and equipment: -€7,626
- Profit (loss) carried forward -€168,217
down €168,217, from €97,301 to -€70,916
- Short-term financial debts -€128,034
down €128,034 (-90.2%), from €141,894 to €13,860
- Debts after one year +€91,969
new in 2025: €91,969
- Trade debts -€68,324
down €68,324 (-29.9%), from €228,241 to €159,917
- Current portion of long-term debt +€27,745
up €27,745 (+414%), from €6,697 to €34,442
- Gross operating margin -€229,994
down €229,994, from €147,960 to -€82,033
- Staff costs -€47,768
down €47,768 (-47.0%), from €101,544 to €53,776
- Other operating charges +€2,430
up €2,430 (+114%), from €2,131 to €4,560
- Taxes -€2,418
down €2,418 (-87.5%), from €2,763 to €345
- Financial income +€2,398
up €2,398 (+380,662%), from €1 to €2,399
of which Non-recurring financial income: +€2,137
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.
Derived cash bridge
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €491,918 | €256,294 | -€235,624 | -47.9% |
| Fixed assets | 21/28 | €95,555 | €84,938 | -€10,616 | -11.1% |
| Tangible fixed assets | 22/27 | €95,555 | €84,938 | -€10,616 | -11.1% |
| Plant, machinery and equipment | 23 | €86,033 | €78,407 | -€7,626 | -8.9% |
| Furniture and vehicles | 24 | €9,522 | €6,532 | -€2,990 | -31.4% |
| Current assets | 29/58 | €396,364 | €171,356 | -€225,008 | -56.8% |
| Stocks and contracts in progress | 3 | €165,821 | €114,521 | -€51,300 | -30.9% |
| Stocks | 30/36 | €165,821 | €114,521 | -€51,300 | -30.9% |
| Amounts receivable within one year | 40/41 | €206,970 | €34,502 | -€172,469 | -83.3% |
| Trade receivables | 40 | €176,514 | €28,476 | -€148,038 | -83.9% |
| Other amounts receivable | 41 | €30,456 | €6,026 | -€24,431 | -80.2% |
| Deferred charges and accrued income | 490/1 | €23,572 | €22,333 | -€1,239 | -5.3% |
| Total equity and liabilities | 10/49 | €491,918 | €256,294 | -€235,624 | -47.9% |
| Equity | 10/15 | €110,666 | -€57,550 | -€168,217 | |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €7,165 | €7,165 | = | 0.0% |
| Tax-exempt reserves | 132 | €7,165 | €7,165 | = | 0.0% |
| Profit (loss) carried forward | 14 | €97,301 | -€70,916 | -€168,217 | |
| Amounts payable | 17/49 | €381,252 | €313,844 | -€67,407 | -17.7% |
| Amounts payable after more than one year | 17 | - | €91,969 | +€91,969 | |
| Financial debts | 170/4 | - | €91,969 | +€91,969 | |
| Amounts payable within one year | 42/48 | €381,252 | €221,876 | -€159,376 | -41.8% |
| Current portion of amounts payable after more than one year | 42 | €6,697 | €34,442 | +€27,745 | +414% |
| Financial debts | 43 | €141,894 | €13,860 | -€128,034 | -90.2% |
| Credit institutions | 430/8 | €141,894 | €13,860 | -€128,034 | -90.2% |
| Trade debts | 44 | €228,241 | €159,917 | -€68,324 | -29.9% |
| Suppliers | 440/4 | €228,241 | €159,917 | -€68,324 | -29.9% |
| Taxes, remuneration and social security | 45 | - | €3,737 | +€3,737 | |
| Taxes | 450/3 | - | €3,737 | +€3,737 | |
| Other amounts payable | 47/48 | €4,420 | €9,920 | +€5,500 | +124% |
| Remuneration, social security and pensions | 62 | €101,544 | €53,776 | -€47,768 | -47.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,329 | €13,189 | -€140 | -1.0% |
| Other operating charges | 640/8 | €2,131 | €4,560 | +€2,430 | +114% |
| Gross operating margin | 9900 | €147,960 | -€82,033 | -€229,994 | |
| Operating profit (loss) | 9901 | €30,957 | -€153,559 | -€184,516 | |
| Financial income | 75/76B | €1 | €2,399 | +€2,398 | +380,662% |
| Recurring financial income | 75 | €1 | €262 | +€261 | +41,456% |
| Non-recurring financial income | 76B | - | €2,137 | +€2,137 | |
| Financial charges | 65/66B | €18,878 | €16,711 | -€2,167 | -11.5% |
| Recurring financial charges | 65 | €18,878 | €16,711 | -€2,167 | -11.5% |
| Profit (loss) for the period before taxes | 9903 | €12,079 | -€167,872 | -€179,951 | |
| Income taxes | 67/77 | €2,763 | €345 | -€2,418 | -87.5% |
| Profit (loss) for the period | 9904 | €9,316 | -€168,217 | -€177,533 | |
| Profit (loss) for the period to be appropriated | 9905 | €9,316 | -€168,217 | -€177,533 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.