ED BATI: 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.
ED BATI
Largest movements
- Cash +€19,281
up €19,281 (+168.2%), from €11,466 to €30,747
mainly Net result for the year (+€22,500) and Current portion of long-term debt (+€10,603)
- Deferred charges and accrued income +€10,674
up €10,674 (+365.9%), from €2,917 to €13,591
- Tangible fixed assets -€9,247
down €9,247 (-44.4%), from €20,803 to €11,556
of which Furniture and vehicles: -€8,235
- Receivables within one year +€4,659
up €4,659 (+61.3%), from €7,605 to €12,264
of which Trade receivables: +€5,990
- Reserves +€22,500
up €22,500 (+77.6%), from €29,000 to €51,500
- Current portion of long-term debt +€10,603
up €10,603 (+93.5%), from €11,335 to €21,938
- Debts after one year -€4,291
no longer reported in 2025 (was €4,291)
- Trade debts -€3,318
down €3,318 (-69.3%), from €4,788 to €1,471
- Staff costs -€8,024
down €8,024 (-16.8%), from €47,824 to €39,800
- Depreciation -€5,986
down €5,986 (-81.4%), from €7,355 to €1,369
- Gross operating margin -€4,671
down €4,671 (-5.9%), from €79,843 to €75,172
- Taxes +€1,035
up €1,035 (+15.1%), from €6,845 to €7,880
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 | €42,792 | €68,158 | +€25,367 | +59.3% |
| Fixed assets | 21/28 | €20,803 | €11,556 | -€9,247 | -44.4% |
| Tangible fixed assets | 22/27 | €20,803 | €11,556 | -€9,247 | -44.4% |
| Land and buildings | 22 | €10,410 | €10,410 | = | 0.0% |
| Plant, machinery and equipment | 23 | €2,158 | €1,146 | -€1,012 | -46.9% |
| Furniture and vehicles | 24 | €8,235 | - | -€8,235 | |
| Current assets | 29/58 | €21,988 | €56,602 | +€34,614 | +157.4% |
| Amounts receivable within one year | 40/41 | €7,605 | €12,264 | +€4,659 | +61.3% |
| Trade receivables | 40 | €6,275 | €12,264 | +€5,990 | +95.5% |
| Other amounts receivable | 41 | €1,331 | - | -€1,331 | |
| Cash at bank and in hand | 54/58 | €11,466 | €30,747 | +€19,281 | +168.2% |
| Deferred charges and accrued income | 490/1 | €2,917 | €13,591 | +€10,674 | +365.9% |
| Total equity and liabilities | 10/49 | €42,792 | €68,158 | +€25,367 | +59.3% |
| Equity | 10/15 | €15,599 | €38,099 | +€22,500 | +144.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €29,000 | €51,500 | +€22,500 | +77.6% |
| Distributable reserves | 133 | €29,000 | €51,500 | +€22,500 | +77.6% |
| Profit (loss) carried forward | 14 | -€32,001 | -€32,001 | +€0 | 0.0% |
| Amounts payable | 17/49 | €27,193 | €30,059 | +€2,866 | +10.5% |
| Amounts payable after more than one year | 17 | €4,291 | - | -€4,291 | |
| Financial debts | 170/4 | €4,291 | - | -€4,291 | |
| Amounts payable within one year | 42/48 | €22,901 | €30,059 | +€7,158 | +31.3% |
| Current portion of amounts payable after more than one year | 42 | €11,335 | €21,938 | +€10,603 | +93.5% |
| Trade debts | 44 | €4,788 | €1,471 | -€3,318 | -69.3% |
| Suppliers | 440/4 | €4,788 | €1,471 | -€3,318 | -69.3% |
| Taxes, remuneration and social security | 45 | €6,408 | €6,543 | +€135 | +2.1% |
| Taxes | 450/3 | €2,525 | €6,543 | +€4,018 | +159.1% |
| Remuneration and social security | 454/9 | €3,883 | - | -€3,883 | |
| Other amounts payable | 47/48 | €370 | €108 | -€262 | -70.9% |
| Remuneration, social security and pensions | 62 | €47,824 | €39,800 | -€8,024 | -16.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,355 | €1,369 | -€5,986 | -81.4% |
| Other operating charges | 640/8 | €1,234 | €1,914 | +€680 | +55.1% |
| Gross operating margin | 9900 | €79,843 | €75,172 | -€4,671 | -5.9% |
| Operating profit (loss) | 9901 | €23,430 | €32,089 | +€8,659 | +37.0% |
| Financial income | 75/76B | €2 | €1 | -€2 | -66.4% |
| Recurring financial income | 75 | €2 | €1 | -€2 | -66.4% |
| Financial charges | 65/66B | €1,410 | €1,709 | +€299 | +21.2% |
| Recurring financial charges | 65 | €1,410 | €1,709 | +€299 | +21.2% |
| Profit (loss) for the period before taxes | 9903 | €22,022 | €30,380 | +€8,359 | +38.0% |
| Income taxes | 67/77 | €6,845 | €7,880 | +€1,035 | +15.1% |
| Profit (loss) for the period | 9904 | €15,177 | €22,500 | +€7,324 | +48.3% |
| Profit (loss) for the period to be appropriated | 9905 | €15,177 | €22,500 | +€7,324 | +48.3% |
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 3 October 2026 via checked.be.