BATUHAN LOGISTICS: 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.
BATUHAN LOGISTICS
Largest movements
- Receivables within one year +€16,386
up €16,386 (+25.0%), from €65,614 to €82,000
of which Other amounts receivable: +€35,401
- Tangible fixed assets +€6,303
up €6,303 (+64.4%), from €9,793 to €16,095
- Cash -€2,698
down €2,698 (-95.9%), from €2,815 to €117
mainly Trade debts (-€22,108) and Receivables within one year (-€16,386)
- Profit (loss) carried forward +€24,501
up €24,501, from -€19,146 to €5,354
- Trade debts -€22,108
down €22,108 (-34.4%), from €64,198 to €42,090
- Debts after one year +€9,090
new in 2026: €9,090
- Current portion of long-term debt +€5,783
new in 2026: €5,783
- Short-term financial debts +€5,062
new in 2026: €5,062
- Gross operating margin +€98,867
up €98,867 (+790%), from €12,514 to €111,381
- Staff costs +€33,309
up €33,309 (+96.0%), from €34,688 to €67,997
- Write-downs -€11,423
no longer reported in 2026 (was €11,423)
- Other operating charges -€3,996
down €3,996 (-43.0%), from €9,286 to €5,290
- Depreciation -€2,132
down €2,132 (-43.4%), from €4,908 to €2,777
From the 2025 result to the 2026 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
Derived from the 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €79,693 | €99,715 | +€20,022 | +25.1% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €9,793 | €16,095 | +€6,303 | +64.4% |
| Tangible fixed assets | 22/27 | €9,793 | €16,095 | +€6,303 | +64.4% |
| Furniture and vehicles | 24 | €9,793 | €16,095 | +€6,303 | +64.4% |
| Current assets | 29/58 | €69,901 | €83,620 | +€13,719 | +19.6% |
| Amounts receivable within one year | 40/41 | €65,614 | €82,000 | +€16,386 | +25.0% |
| Trade receivables | 40 | €56,331 | €37,317 | -€19,014 | -33.8% |
| Other amounts receivable | 41 | €9,282 | €44,683 | +€35,401 | +381% |
| Cash at bank and in hand | 54/58 | €2,815 | €117 | -€2,698 | -95.9% |
| Deferred charges and accrued income | 490/1 | €1,472 | €1,503 | +€31 | +2.1% |
| Total equity and liabilities | 10/49 | €79,693 | €99,715 | +€20,022 | +25.1% |
| Equity | 10/15 | -€16,146 | €8,354 | +€24,501 | |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€19,146 | €5,354 | +€24,501 | |
| Amounts payable | 17/49 | €95,840 | €91,361 | -€4,479 | -4.7% |
| Amounts payable after more than one year | 17 | - | €9,090 | +€9,090 | |
| Financial debts | 170/4 | - | €9,090 | +€9,090 | |
| Amounts payable within one year | 42/48 | €95,840 | €82,271 | -€13,569 | -14.2% |
| Current portion of amounts payable after more than one year | 42 | - | €5,783 | +€5,783 | |
| Financial debts | 43 | - | €5,062 | +€5,062 | |
| Credit institutions | 430/8 | - | €5,062 | +€5,062 | |
| Trade debts | 44 | €64,198 | €42,090 | -€22,108 | -34.4% |
| Suppliers | 440/4 | €64,198 | €42,090 | -€22,108 | -34.4% |
| Taxes, remuneration and social security | 45 | €31,642 | €29,336 | -€2,306 | -7.3% |
| Taxes | 450/3 | €29,102 | €25,045 | -€4,057 | -13.9% |
| Remuneration and social security | 454/9 | €2,540 | €4,291 | +€1,750 | +68.9% |
| Non-recurring operating income | 76A | - | €3,000 | +€3,000 | |
| Remuneration, social security and pensions | 62 | €34,688 | €67,997 | +€33,309 | +96.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,908 | €2,777 | -€2,132 | -43.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €11,423 | - | -€11,423 | |
| Other operating charges | 640/8 | €9,286 | €5,290 | -€3,996 | -43.0% |
| Non-recurring operating charges | 66A | €18,321 | €5,561 | -€12,760 | -69.6% |
| Gross operating margin | 9900 | €12,514 | €111,381 | +€98,867 | +790% |
| Operating profit (loss) | 9901 | -€66,112 | €29,756 | +€95,868 | |
| Financial income | 75/76B | €259 | €1,570 | +€1,312 | +508% |
| Recurring financial income | 75 | €259 | €1,570 | +€1,312 | +508% |
| Financial charges | 65/66B | €4,925 | €6,598 | +€1,672 | +33.9% |
| Recurring financial charges | 65 | €4,925 | €6,598 | +€1,672 | +33.9% |
| Profit (loss) for the period before taxes | 9903 | -€70,779 | €24,729 | +€95,508 | |
| Income taxes | 67/77 | €107 | €98 | -€9 | -8.8% |
| Profit (loss) for the period | 9904 | -€70,887 | €24,631 | +€95,517 | |
| Profit (loss) for the period to be appropriated | 9905 | -€70,887 | €24,631 | +€95,517 |
Source: filed annual accounts (NBB), financial years ended 30 June 2025 and 30 June 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.