Catherine BATAILLE: what changed
Catherine BATAILLE
Largest movements
- Cash +€22,375
up €22,375 (+14.2%), from €157,657 to €180,033
mainly Net result for the year (+€48,622) and Depreciation (+€1,992)
- Tangible fixed assets +€5,709
up €5,709 (+161%), from €3,540 to €9,249
of which Furniture and vehicles: +€6,402
- Reserves +€48,622
up €48,622 (+14.2%), from €342,226 to €390,848
of which Distributable reserves: +€48,622
- Tax, wage and social debts -€11,132
down €11,132 (-52.1%), from €21,367 to €10,235
- Other debts -€6,049
down €6,049 (-6.8%), from €89,203 to €83,154
- Gross operating margin +€10,359
up €10,359 (+17.6%), from €58,940 to €69,299
- Financial income -€6,047
down €6,047 (-46.2%), from €13,082 to €7,035
- Taxes +€4,600
up €4,600 (+22.9%), from €20,115 to €24,715
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €525,922 | €558,563 | +€32,641 | +6.2% |
| Fixed assets | 21/28 | €3,540 | €9,249 | +€5,709 | +161% |
| Tangible fixed assets | 22/27 | €3,540 | €9,249 | +€5,709 | +161% |
| Furniture and vehicles | 24 | €743 | €7,145 | +€6,402 | +862% |
| Other tangible fixed assets | 26 | €2,798 | €2,105 | -€693 | -24.8% |
| Current assets | 29/58 | €522,382 | €549,313 | +€26,932 | +5.2% |
| Amounts receivable within one year | 40/41 | €5,420 | €5,580 | +€160 | +2.9% |
| Trade receivables | 40 | €2,552 | €2,552 | = | 0.0% |
| Other amounts receivable | 41 | €2,869 | €3,029 | +€160 | +5.6% |
| Current investments | 50/53 | €358,722 | €363,026 | +€4,305 | +1.2% |
| Cash at bank and in hand | 54/58 | €157,657 | €180,033 | +€22,375 | +14.2% |
| Deferred charges and accrued income | 490/1 | €582 | €674 | +€92 | +15.8% |
| Total equity and liabilities | 10/49 | €525,922 | €558,563 | +€32,641 | +6.2% |
| Equity | 10/15 | €413,852 | €462,474 | +€48,622 | +11.7% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €342,226 | €390,848 | +€48,622 | +14.2% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €340,366 | €388,988 | +€48,622 | +14.3% |
| Profit (loss) carried forward | 14 | €59,226 | €59,226 | = | 0.0% |
| Amounts payable | 17/49 | €112,070 | €96,089 | -€15,981 | -14.3% |
| Amounts payable within one year | 42/48 | €112,070 | €96,089 | -€15,981 | -14.3% |
| Trade debts | 44 | €1,500 | €2,700 | +€1,200 | +80.0% |
| Suppliers | 440/4 | €1,500 | €2,700 | +€1,200 | +80.0% |
| Taxes, remuneration and social security | 45 | €21,367 | €10,235 | -€11,132 | -52.1% |
| Taxes | 450/3 | €21,367 | €10,235 | -€11,132 | -52.1% |
| Other amounts payable | 47/48 | €89,203 | €83,154 | -€6,049 | -6.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,503 | €1,992 | +€489 | +32.5% |
| Other operating charges | 640/8 | €521 | €534 | +€13 | +2.5% |
| Gross operating margin | 9900 | €58,940 | €69,299 | +€10,359 | +17.6% |
| Operating profit (loss) | 9901 | €56,916 | €66,774 | +€9,857 | +17.3% |
| Financial income | 75/76B | €13,082 | €7,035 | -€6,047 | -46.2% |
| Recurring financial income | 75 | €13,082 | €7,035 | -€6,047 | -46.2% |
| Financial charges | 65/66B | €322 | €472 | +€150 | +46.5% |
| Recurring financial charges | 65 | €322 | €472 | +€150 | +46.5% |
| Profit (loss) for the period before taxes | 9903 | €69,676 | €73,337 | +€3,661 | +5.3% |
| Income taxes | 67/77 | €20,115 | €24,715 | +€4,600 | +22.9% |
| Profit (loss) for the period | 9904 | €49,561 | €48,622 | -€939 | -1.9% |
| Profit (loss) for the period to be appropriated | 9905 | €49,561 | €48,622 | -€939 | -1.9% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.