EF 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.
EF BATI
Largest movements
- Stocks and contracts +€80,000
new in 2025: €80,000
- Receivables within one year -€51,131
down €51,131 (-79.4%), from €64,399 to €13,268
of which Trade receivables: -€39,900
- Cash -€24,999
down €24,999 (-87.2%), from €28,654 to €3,655
mainly Stocks and contracts (-€80,000) and Other debts (-€13,760)
- Tangible fixed assets +€1,901
up €1,901 (+12.4%), from €15,308 to €17,209
of which Furniture and vehicles: +€1,979
- Other debts -€13,760
down €13,760 (-90.9%), from €15,133 to €1,374
- Tax, wage and social debts +€11,761
new in 2025: €11,761
- Trade debts +€7,475
new in 2025: €7,475
- Purchases and services -€75,247
down €75,247 (-17.4%), from €433,229 to €357,982
- Gross operating margin -€49,551
down €49,551 (-26.7%), from €185,339 to €135,788
- Staff costs -€14,839
down €14,839 (-12.3%), from €120,874 to €106,035
- Taxes +€13,300
up €13,300 (+537.8%), from €2,473 to €15,773
- Depreciation +€5,476
up €5,476 (+165.7%), from €3,306 to €8,782
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 | €110,036 | €115,889 | +€5,853 | +5.3% |
| Fixed assets | 21/28 | €15,308 | €17,209 | +€1,901 | +12.4% |
| Tangible fixed assets | 22/27 | €15,308 | €17,209 | +€1,901 | +12.4% |
| Plant, machinery and equipment | 23 | €948 | €870 | -€79 | -8.3% |
| Furniture and vehicles | 24 | €14,360 | €16,340 | +€1,979 | +13.8% |
| Current assets | 29/58 | €94,728 | €98,680 | +€3,952 | +4.2% |
| Stocks and contracts in progress | 3 | - | €80,000 | +€80,000 | |
| Stocks | 30/36 | - | €80,000 | +€80,000 | |
| Amounts receivable within one year | 40/41 | €64,399 | €13,268 | -€51,131 | -79.4% |
| Trade receivables | 40 | €39,900 | - | -€39,900 | |
| Other amounts receivable | 41 | €24,499 | €13,268 | -€11,231 | -45.8% |
| Cash at bank and in hand | 54/58 | €28,654 | €3,655 | -€24,999 | -87.2% |
| Deferred charges and accrued income | 490/1 | €1,675 | €1,756 | +€82 | +4.9% |
| Total equity and liabilities | 10/49 | €110,036 | €115,889 | +€5,853 | +5.3% |
| Equity | 10/15 | €94,903 | €95,279 | +€376 | +0.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €76,303 | €76,679 | +€376 | +0.5% |
| 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 | €74,443 | €74,819 | +€376 | +0.5% |
| Amounts payable | 17/49 | €15,133 | €20,610 | +€5,477 | +36.2% |
| Amounts payable within one year | 42/48 | €15,133 | €20,610 | +€5,477 | +36.2% |
| Trade debts | 44 | - | €7,475 | +€7,475 | |
| Suppliers | 440/4 | - | €7,475 | +€7,475 | |
| Taxes, remuneration and social security | 45 | - | €11,761 | +€11,761 | |
| Remuneration and social security | 454/9 | - | €11,761 | +€11,761 | |
| Other amounts payable | 47/48 | €15,133 | €1,374 | -€13,760 | -90.9% |
| Goods, raw materials, services and sundry goods | 60/61 | €433,229 | €357,982 | -€75,247 | -17.4% |
| Remuneration, social security and pensions | 62 | €120,874 | €106,035 | -€14,839 | -12.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,306 | €8,782 | +€5,476 | +165.7% |
| Other operating charges | 640/8 | €2,578 | €4,066 | +€1,487 | +57.7% |
| Gross operating margin | 9900 | €185,339 | €135,788 | -€49,551 | -26.7% |
| Operating profit (loss) | 9901 | €58,580 | €16,905 | -€41,675 | -71.1% |
| Financial income | 75/76B | €169 | €0 | -€169 | -99.7% |
| Recurring financial income | 75 | €169 | €0 | -€169 | -99.7% |
| Financial charges | 65/66B | €1,948 | €756 | -€1,192 | -61.2% |
| Recurring financial charges | 65 | €1,948 | €756 | -€1,192 | -61.2% |
| Profit (loss) for the period before taxes | 9903 | €56,801 | €16,149 | -€40,652 | -71.6% |
| Income taxes | 67/77 | €2,473 | €15,773 | +€13,300 | +537.8% |
| Profit (loss) for the period | 9904 | €54,328 | €376 | -€53,952 | -99.3% |
| Profit (loss) for the period to be appropriated | 9905 | €54,328 | €376 | -€53,952 | -99.3% |
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 7 October 2026 via checked.be.