EL 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.
EL BATI
Largest movements
- Tangible fixed assets +€124,218
up €124,218 (+16.3%), from €762,007 to €886,225
of which Plant, machinery and equipment: +€76,610
- Deferred charges and accrued income +€48,526
up €48,526 (+3,279%), from €1,480 to €50,006
- Cash -€33,270
down €33,270 (-28.8%), from €115,641 to €82,371
mainly Investment in fixed assets (net) (-€204,433) and Deferred charges and accrued income (-€48,526)
- Receivables within one year +€27,760
up €27,760 (+20.1%), from €138,319 to €166,079
of which Other amounts receivable: +€36,764
- Stocks and contracts +€14,574
up €14,574 (+38.9%), from €37,472 to €52,047
- Debts after one year +€70,735
up €70,735 (+18.2%), from €387,655 to €458,390
- Profit (loss) carried forward +€36,620
up €36,620 (+13.2%), from €278,008 to €314,628
- Trade debts +€36,235
up €36,235 (+36.6%), from €98,977 to €135,212
- Current portion of long-term debt +€21,609
up €21,609 (+8.3%), from €260,325 to €281,934
- Contributions +€12,400
up €12,400 (+200%), from €6,200 to €18,600
- Turnover +€183,149
up €183,149 (+20.9%), from €874,574 to €1.1m
- Purchases and services +€130,050
up €130,050 (+19.6%), from €661,873 to €791,923
- Gross operating margin +€53,099
up €53,099 (+25.0%), from €212,701 to €265,800
- Staff costs +€17,386
up €17,386 (+19.1%), from €90,831 to €108,217
- Depreciation +€16,097
up €16,097 (+25.1%), from €64,118 to €80,215
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 | €1,055,054 | €1,236,863 | +€181,809 | +17.2% |
| Fixed assets | 21/28 | €762,142 | €886,360 | +€124,218 | +16.3% |
| Tangible fixed assets | 22/27 | €762,007 | €886,225 | +€124,218 | +16.3% |
| Land and buildings | 22 | €527,052 | €503,177 | -€23,875 | -4.5% |
| Plant, machinery and equipment | 23 | €172,319 | €248,929 | +€76,610 | +44.5% |
| Furniture and vehicles | 24 | €62,637 | €134,119 | +€71,482 | +114% |
| Financial fixed assets | 28 | €135 | €135 | = | 0.0% |
| Current assets | 29/58 | €292,912 | €350,503 | +€57,591 | +19.7% |
| Stocks and contracts in progress | 3 | €37,472 | €52,047 | +€14,574 | +38.9% |
| Stocks | 30/36 | €37,472 | €52,047 | +€14,574 | +38.9% |
| Amounts receivable within one year | 40/41 | €138,319 | €166,079 | +€27,760 | +20.1% |
| Trade receivables | 40 | €134,812 | €125,809 | -€9,003 | -6.7% |
| Other amounts receivable | 41 | €3,507 | €40,271 | +€36,764 | +1,048% |
| Cash at bank and in hand | 54/58 | €115,641 | €82,371 | -€33,270 | -28.8% |
| Deferred charges and accrued income | 490/1 | €1,480 | €50,006 | +€48,526 | +3,279% |
| Total equity and liabilities | 10/49 | €1,055,054 | €1,236,863 | +€181,809 | +17.2% |
| Equity | 10/15 | €286,068 | €335,088 | +€49,020 | +17.1% |
| Contributions | 10/11 | €6,200 | €18,600 | +€12,400 | +200% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €278,008 | €314,628 | +€36,620 | +13.2% |
| Amounts payable | 17/49 | €768,986 | €901,775 | +€132,788 | +17.3% |
| Amounts payable after more than one year | 17 | €387,655 | €458,390 | +€70,735 | +18.2% |
| Financial debts | 170/4 | €387,655 | €458,390 | +€70,735 | +18.2% |
| Amounts payable within one year | 42/48 | €381,332 | €434,836 | +€53,505 | +14.0% |
| Current portion of amounts payable after more than one year | 42 | €260,325 | €281,934 | +€21,609 | +8.3% |
| Trade debts | 44 | €98,977 | €135,212 | +€36,235 | +36.6% |
| Suppliers | 440/4 | €98,977 | €135,212 | +€36,235 | +36.6% |
| Taxes, remuneration and social security | 45 | €20,792 | €17,690 | -€3,103 | -14.9% |
| Taxes | 450/3 | €8,167 | €2,576 | -€5,591 | -68.5% |
| Remuneration and social security | 454/9 | €12,626 | €15,114 | +€2,489 | +19.7% |
| Other amounts payable | 47/48 | €1,237 | - | -€1,237 | |
| Accrued charges and deferred income | 492/3 | - | €8,549 | +€8,549 | |
| Turnover | 70 | €874,574 | €1,057,723 | +€183,149 | +20.9% |
| Goods, raw materials, services and sundry goods | 60/61 | €661,873 | €791,923 | +€130,050 | +19.6% |
| Remuneration, social security and pensions | 62 | €90,831 | €108,217 | +€17,386 | +19.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €64,118 | €80,215 | +€16,097 | +25.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €434 | +€434 | |
| Other operating charges | 640/8 | €22,809 | €10,733 | -€12,076 | -52.9% |
| Gross operating margin | 9900 | €212,701 | €265,800 | +€53,099 | +25.0% |
| Operating profit (loss) | 9901 | €34,944 | €66,202 | +€31,258 | +89.5% |
| Financial income | 75/76B | €93 | €1,147 | +€1,054 | +1,132% |
| Recurring financial income | 75 | €93 | €1,147 | +€1,054 | +1,132% |
| Financial charges | 65/66B | €25,834 | €27,695 | +€1,861 | +7.2% |
| Recurring financial charges | 65 | €25,834 | €27,695 | +€1,861 | +7.2% |
| Profit (loss) for the period before taxes | 9903 | €9,203 | €39,654 | +€30,451 | +331% |
| Income taxes | 67/77 | €7,901 | €3,034 | -€4,867 | -61.6% |
| Profit (loss) for the period | 9904 | €1,303 | €36,620 | +€35,318 | +2,711% |
| Profit (loss) for the period to be appropriated | 9905 | €1,303 | €36,620 | +€35,318 | +2,711% |
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 17 October 2026 via checked.be.