BAY BATI: 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.
BAY BATI
Largest movements
- Receivables within one year +€12,275
up €12,275 (+76.5%), from €16,050 to €28,324
of which Trade receivables: +€13,531
- Cash -€2,956
down €2,956 (-9.9%), from €29,841 to €26,885
mainly Receivables within one year (-€12,275) and Tax, wage and social debts (-€4,966)
- Reserves +€11,812
up €11,812 (+48.4%), from €24,415 to €36,227
- Other debts +€11,674
up €11,674 (+527%), from €2,217 to €13,891
- Tax, wage and social debts -€4,966
down €4,966 (-32.5%), from €15,268 to €10,302
of which Remuneration and social security: -€4,755
- Trade debts -€4,810
down €4,810 (-26.9%), from €17,897 to €13,086
- Advances received -€4,503
no longer reported in 2025 (was €4,503)
- Staff costs +€3,827
new in 2025: €3,827
- Gross operating margin +€2,071
up €2,071 (+10.9%), from €19,062 to €21,133
- Depreciation -€1,890
down €1,890 (-94.5%), from €2,000 to €110
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
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 | €66,800 | €76,006 | +€9,206 | +13.8% |
| Fixed assets | 21/28 | €110 | - | -€110 | |
| Tangible fixed assets | 22/27 | €110 | - | -€110 | |
| Furniture and vehicles | 24 | €110 | - | -€110 | |
| Current assets | 29/58 | €66,691 | €76,006 | +€9,316 | +14.0% |
| Stocks and contracts in progress | 3 | €20,667 | €20,667 | = | 0.0% |
| Stocks | 30/36 | €20,667 | €20,667 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €16,050 | €28,324 | +€12,275 | +76.5% |
| Trade receivables | 40 | €7,732 | €21,263 | +€13,531 | +175% |
| Other amounts receivable | 41 | €8,318 | €7,061 | -€1,257 | -15.1% |
| Cash at bank and in hand | 54/58 | €29,841 | €26,885 | -€2,956 | -9.9% |
| Deferred charges and accrued income | 490/1 | €134 | €130 | -€3 | -2.6% |
| Total equity and liabilities | 10/49 | €66,800 | €76,006 | +€9,206 | +13.8% |
| Equity | 10/15 | €26,915 | €38,727 | +€11,812 | +43.9% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €24,415 | €36,227 | +€11,812 | +48.4% |
| Distributable reserves | 133 | €24,415 | €36,227 | +€11,812 | +48.4% |
| Amounts payable | 17/49 | €39,885 | €37,279 | -€2,606 | -6.5% |
| Amounts payable within one year | 42/48 | €39,885 | €37,279 | -€2,606 | -6.5% |
| Trade debts | 44 | €17,897 | €13,086 | -€4,810 | -26.9% |
| Suppliers | 440/4 | €17,897 | €13,086 | -€4,810 | -26.9% |
| Advances received on contracts in progress | 46 | €4,503 | - | -€4,503 | |
| Taxes, remuneration and social security | 45 | €15,268 | €10,302 | -€4,966 | -32.5% |
| Taxes | 450/3 | €9,683 | €9,472 | -€211 | -2.2% |
| Remuneration and social security | 454/9 | €5,585 | €830 | -€4,755 | -85.1% |
| Other amounts payable | 47/48 | €2,217 | €13,891 | +€11,674 | +527% |
| Remuneration, social security and pensions | 62 | - | €3,827 | +€3,827 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,000 | €110 | -€1,890 | -94.5% |
| Other operating charges | 640/8 | €324 | €525 | +€201 | +62.0% |
| Gross operating margin | 9900 | €19,062 | €21,133 | +€2,071 | +10.9% |
| Operating profit (loss) | 9901 | €16,738 | €16,671 | -€67 | -0.4% |
| Financial income | 75/76B | €4 | €0 | -€4 | -99.2% |
| Recurring financial income | 75 | €4 | €0 | -€4 | -99.2% |
| Financial charges | 65/66B | €105 | €177 | +€72 | +69.2% |
| Recurring financial charges | 65 | €105 | €177 | +€72 | +69.2% |
| Profit (loss) for the period before taxes | 9903 | €16,637 | €16,494 | -€143 | -0.9% |
| Income taxes | 67/77 | €4,673 | €4,683 | +€10 | +0.2% |
| Profit (loss) for the period | 9904 | €11,965 | €11,812 | -€153 | -1.3% |
| Profit (loss) for the period to be appropriated | 9905 | €11,965 | €11,812 | -€153 | -1.3% |
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 20 October 2026 via checked.be.