ETABLISSEMENTS BATAILLE: what changed
ETABLISSEMENTS BATAILLE
Largest movements
- Receivables within one year +€40,322
up €40,322 (+63.7%), from €63,291 to €103,613
of which Trade receivables: +€40,322
- Cash +€3,337
up €3,337 (+9.4%), from €35,642 to €38,979
mainly Trade debts (+€41,666) and Net result for the year (+€4,061)
- Trade debts +€41,666
up €41,666 (+108%), from €38,709 to €80,374
- Profit (loss) carried forward +€3,412
up €3,412 (+8.2%), from €41,860 to €45,272
- Gross operating margin -€4,441
down €4,441 (-38.0%), from €11,701 to €7,260
- Taxes -€520
down €520 (-20.0%), from €2,595 to €2,075
- Financial charges +€253
up €253 (+91.1%), from €278 to €531
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 | €198,565 | €242,917 | +€44,352 | +22.3% |
| Fixed assets | 21/28 | €25,264 | €25,147 | -€118 | -0.5% |
| Financial fixed assets | 28 | €25,264 | €25,147 | -€118 | -0.5% |
| Current assets | 29/58 | €173,301 | €217,770 | +€44,469 | +25.7% |
| Amounts receivable after more than one year | 29 | €74,368 | €74,368 | = | 0.0% |
| Other amounts receivable | 291 | €74,368 | €74,368 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €63,291 | €103,613 | +€40,322 | +63.7% |
| Trade receivables | 40 | €63,225 | €103,547 | +€40,322 | +63.8% |
| Other amounts receivable | 41 | €66 | €66 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €35,642 | €38,979 | +€3,337 | +9.4% |
| Deferred charges and accrued income | 490/1 | - | €811 | +€811 | |
| Total equity and liabilities | 10/49 | €198,565 | €242,917 | +€44,352 | +22.3% |
| Equity | 10/15 | €110,060 | €113,472 | +€3,412 | +3.1% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €6,200 | €6,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €41,860 | €45,272 | +€3,412 | +8.2% |
| Amounts payable | 17/49 | €88,506 | €129,445 | +€40,940 | +46.3% |
| Amounts payable within one year | 42/48 | €88,506 | €129,445 | +€40,940 | +46.3% |
| Trade debts | 44 | €38,709 | €80,374 | +€41,666 | +108% |
| Suppliers | 440/4 | €38,709 | €80,374 | +€41,666 | +108% |
| Advances received on contracts in progress | 46 | €61 | €61 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €3,926 | €3,318 | -€608 | -15.5% |
| Taxes | 450/3 | €3,926 | €3,318 | -€608 | -15.5% |
| Other amounts payable | 47/48 | €45,810 | €45,692 | -€118 | -0.3% |
| Other operating charges | 640/8 | €601 | €594 | -€7 | -1.2% |
| Gross operating margin | 9900 | €11,701 | €7,260 | -€4,441 | -38.0% |
| Operating profit (loss) | 9901 | €11,100 | €6,666 | -€4,434 | -39.9% |
| Financial charges | 65/66B | €278 | €531 | +€253 | +91.1% |
| Recurring financial charges | 65 | €278 | €531 | +€253 | +91.1% |
| Profit (loss) for the period before taxes | 9903 | €10,822 | €6,135 | -€4,687 | -43.3% |
| Income taxes | 67/77 | €2,595 | €2,075 | -€520 | -20.0% |
| Profit (loss) for the period | 9904 | €8,228 | €4,061 | -€4,167 | -50.6% |
| Profit (loss) for the period to be appropriated | 9905 | €8,228 | €4,061 | -€4,167 | -50.6% |
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 3 November 2026 via checked.be.