F.J.BAT.: 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.
F.J.BAT.
Largest movements
- Receivables within one year +€82,944
up €82,944 (+281%), from €29,500 to €112,444
of which Trade receivables: +€86,635
- Cash -€53,105
down €53,105 (-69.5%), from €76,465 to €23,360
mainly Receivables within one year (-€82,944) and Tax, wage and social debts (-€26,449)
- Tangible fixed assets -€28,537
down €28,537 (-19.6%), from €145,831 to €117,293
of which Furniture and vehicles: -€15,860
- Trade debts +€45,780
up €45,780 (+205%), from €22,324 to €68,104
- Tax, wage and social debts -€26,449
down €26,449 (-76.1%), from €34,777 to €8,328
of which Taxes: -€19,139
- Profit (loss) carried forward -€22,467
down €22,467 (-31.5%), from €71,241 to €48,774
- Advances received +€16,591
new in 2025: €16,591
- Debts after one year -€11,923
down €11,923 (-64.3%), from €18,549 to €6,626
- Gross operating margin -€31,749
down €31,749 (-20.0%), from €158,728 to €126,978
- Financial charges +€25,761
up €25,761 (+369%), from €6,985 to €32,745
- Taxes -€15,201
down €15,201 (-76.5%), from €19,862 to €4,660
- Staff costs +€10,196
up €10,196 (+16.5%), from €61,766 to €71,963
- Depreciation -€4,902
down €4,902 (-13.2%), from €37,113 to €32,210
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 | €252,323 | €253,422 | +€1,099 | +0.4% |
| Fixed assets | 21/28 | €146,156 | €117,618 | -€28,537 | -19.5% |
| Tangible fixed assets | 22/27 | €145,831 | €117,293 | -€28,537 | -19.6% |
| Land and buildings | 22 | €50,000 | €50,000 | = | 0.0% |
| Plant, machinery and equipment | 23 | €9,359 | €9,395 | +€36 | +0.4% |
| Furniture and vehicles | 24 | €39,203 | €23,343 | -€15,860 | -40.5% |
| Leasing and similar rights | 25 | €43,155 | €30,964 | -€12,191 | -28.2% |
| Other tangible fixed assets | 26 | €4,114 | €3,592 | -€521 | -12.7% |
| Financial fixed assets | 28 | €325 | €325 | = | 0.0% |
| Current assets | 29/58 | €106,167 | €135,804 | +€29,636 | +27.9% |
| Amounts receivable within one year | 40/41 | €29,500 | €112,444 | +€82,944 | +281% |
| Trade receivables | 40 | €19,981 | €106,615 | +€86,635 | +434% |
| Other amounts receivable | 41 | €9,519 | €5,828 | -€3,690 | -38.8% |
| Cash at bank and in hand | 54/58 | €76,465 | €23,360 | -€53,105 | -69.5% |
| Deferred charges and accrued income | 490/1 | €203 | - | -€203 | |
| Total equity and liabilities | 10/49 | €252,323 | €253,422 | +€1,099 | +0.4% |
| Equity | 10/15 | €165,090 | €142,623 | -€22,467 | -13.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €87,649 | €87,649 | = | 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% |
| Distributable reserves | 133 | €85,789 | €85,789 | = | 0.0% |
| Profit (loss) carried forward | 14 | €71,241 | €48,774 | -€22,467 | -31.5% |
| Amounts payable | 17/49 | €87,233 | €110,799 | +€23,566 | +27.0% |
| Amounts payable after more than one year | 17 | €18,549 | €6,626 | -€11,923 | -64.3% |
| Financial debts | 170/4 | €18,549 | €6,626 | -€11,923 | -64.3% |
| Amounts payable within one year | 42/48 | €68,684 | €104,173 | +€35,489 | +51.7% |
| Current portion of amounts payable after more than one year | 42 | €11,433 | €11,150 | -€283 | -2.5% |
| Trade debts | 44 | €22,324 | €68,104 | +€45,780 | +205% |
| Suppliers | 440/4 | €22,324 | €68,104 | +€45,780 | +205% |
| Advances received on contracts in progress | 46 | - | €16,591 | +€16,591 | |
| Taxes, remuneration and social security | 45 | €34,777 | €8,328 | -€26,449 | -76.1% |
| Taxes | 450/3 | €24,374 | €5,236 | -€19,139 | -78.5% |
| Remuneration and social security | 454/9 | €10,403 | €3,092 | -€7,311 | -70.3% |
| Other amounts payable | 47/48 | €150 | - | -€150 | |
| Non-recurring operating income | 76A | €8,255 | €5,099 | -€3,156 | -38.2% |
| Remuneration, social security and pensions | 62 | €61,766 | €71,963 | +€10,196 | +16.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,113 | €32,210 | -€4,902 | -13.2% |
| Other operating charges | 640/8 | €2,171 | €2,372 | +€202 | +9.3% |
| Non-recurring operating charges | 66A | €41,411 | €6,000 | -€35,411 | -85.5% |
| Gross operating margin | 9900 | €158,728 | €126,978 | -€31,749 | -20.0% |
| Operating profit (loss) | 9901 | €16,267 | €14,433 | -€1,834 | -11.3% |
| Financial income | 75/76B | €443 | €505 | +€63 | +14.1% |
| Recurring financial income | 75 | €443 | €505 | +€63 | +14.1% |
| Financial charges | 65/66B | €6,985 | €32,745 | +€25,761 | +369% |
| Recurring financial charges | 65 | €6,985 | €32,745 | +€25,761 | +369% |
| Profit (loss) for the period before taxes | 9903 | €9,726 | -€17,807 | -€27,532 | |
| Income taxes | 67/77 | €19,862 | €4,660 | -€15,201 | -76.5% |
| Profit (loss) for the period | 9904 | -€10,136 | -€22,467 | -€12,331 | -122% |
| Profit (loss) for the period to be appropriated | 9905 | -€10,136 | -€22,467 | -€12,331 | -122% |
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 31 October 2026 via checked.be.