GE.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.
GE.BATI
Largest movements
- Cash +€75,916
up €75,916 (+32.7%), from €231,836 to €307,752
mainly Net result for the year (+€86,451) and Depreciation (+€81,471)
- Receivables within one year -€28,767
down €28,767 (-9.9%), from €290,087 to €261,320
of which Trade receivables: -€15,156
- Tangible fixed assets +€14,913
up €14,913 (+5.2%), from €285,039 to €299,951
of which Furniture and vehicles: +€22,807
- Reserves +€86,000
up €86,000 (+88.8%), from €96,860 to €182,860
of which Distributable reserves: +€86,000
- Current portion of long-term debt +€13,817
up €13,817 (+28.5%), from €48,481 to €62,297
- Other debts -€13,043
down €13,043 (-11.1%), from €117,673 to €104,630
- Trade debts -€12,058
down €12,058 (-25.0%), from €48,269 to €36,211
- Gross operating margin +€80,818
up €80,818 (+36.9%), from €218,831 to €299,649
- Write-downs +€23,792
up €23,792 (+2,324%), from €1,024 to €24,816
- Depreciation +€21,432
up €21,432 (+35.7%), from €60,039 to €81,471
- Other operating charges +€10,204
up €10,204 (+298%), from €3,427 to €13,630
- Staff costs +€9,432
up €9,432 (+21.3%), from €44,222 to €53,654
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 | €859,738 | €929,942 | +€70,204 | +8.2% |
| Fixed assets | 21/28 | €286,179 | €301,091 | +€14,913 | +5.2% |
| Tangible fixed assets | 22/27 | €285,039 | €299,951 | +€14,913 | +5.2% |
| Land and buildings | 22 | €6,597 | €6,249 | -€347 | -5.3% |
| Plant, machinery and equipment | 23 | €18,455 | €16,764 | -€1,690 | -9.2% |
| Furniture and vehicles | 24 | €229,481 | €252,289 | +€22,807 | +9.9% |
| Other tangible fixed assets | 26 | €30,506 | €24,649 | -€5,857 | -19.2% |
| Financial fixed assets | 28 | €1,140 | €1,140 | = | 0.0% |
| Current assets | 29/58 | €573,559 | €628,851 | +€55,291 | +9.6% |
| Stocks and contracts in progress | 3 | €44,500 | €48,505 | +€4,005 | +9.0% |
| Stocks | 30/36 | €44,500 | €48,505 | +€4,005 | +9.0% |
| Amounts receivable within one year | 40/41 | €290,087 | €261,320 | -€28,767 | -9.9% |
| Trade receivables | 40 | €253,025 | €237,869 | -€15,156 | -6.0% |
| Other amounts receivable | 41 | €37,062 | €23,451 | -€13,611 | -36.7% |
| Cash at bank and in hand | 54/58 | €231,836 | €307,752 | +€75,916 | +32.7% |
| Deferred charges and accrued income | 490/1 | €7,137 | €11,273 | +€4,137 | +58.0% |
| Total equity and liabilities | 10/49 | €859,738 | €929,942 | +€70,204 | +8.2% |
| Equity | 10/15 | €479,752 | €566,204 | +€86,451 | +18.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €96,860 | €182,860 | +€86,000 | +88.8% |
| 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 | €95,000 | €181,000 | +€86,000 | +90.5% |
| Profit (loss) carried forward | 14 | €376,692 | €377,144 | +€451 | +0.1% |
| Amounts payable | 17/49 | €379,986 | €363,738 | -€16,247 | -4.3% |
| Amounts payable after more than one year | 17 | €157,969 | €152,864 | -€5,105 | -3.2% |
| Financial debts | 170/4 | €157,969 | €152,864 | -€5,105 | -3.2% |
| Amounts payable within one year | 42/48 | €222,017 | €210,874 | -€11,143 | -5.0% |
| Current portion of amounts payable after more than one year | 42 | €48,481 | €62,297 | +€13,817 | +28.5% |
| Trade debts | 44 | €48,269 | €36,211 | -€12,058 | -25.0% |
| Suppliers | 440/4 | €48,269 | €36,211 | -€12,058 | -25.0% |
| Advances received on contracts in progress | 46 | - | €2,175 | +€2,175 | |
| Taxes, remuneration and social security | 45 | €7,594 | €5,560 | -€2,034 | -26.8% |
| Taxes | 450/3 | €3,108 | €3,184 | +€76 | +2.4% |
| Remuneration and social security | 454/9 | €4,485 | €2,376 | -€2,109 | -47.0% |
| Other amounts payable | 47/48 | €117,673 | €104,630 | -€13,043 | -11.1% |
| Remuneration, social security and pensions | 62 | €44,222 | €53,654 | +€9,432 | +21.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €60,039 | €81,471 | +€21,432 | +35.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €1,024 | €24,816 | +€23,792 | +2,324% |
| Other operating charges | 640/8 | €3,427 | €13,630 | +€10,204 | +298% |
| Gross operating margin | 9900 | €218,831 | €299,649 | +€80,818 | +36.9% |
| Operating profit (loss) | 9901 | €110,119 | €126,078 | +€15,958 | +14.5% |
| Financial income | 75/76B | €8,555 | €9,097 | +€542 | +6.3% |
| Recurring financial income | 75 | €8,555 | €9,097 | +€542 | +6.3% |
| Financial charges | 65/66B | €26,478 | €17,244 | -€9,234 | -34.9% |
| Recurring financial charges | 65 | €22,169 | €17,244 | -€4,925 | -22.2% |
| Non-recurring financial charges | 66B | €4,309 | - | -€4,309 | |
| Profit (loss) for the period before taxes | 9903 | €92,197 | €117,931 | +€25,734 | +27.9% |
| Income taxes | 67/77 | €25,665 | €31,479 | +€5,814 | +22.7% |
| Profit (loss) for the period | 9904 | €66,532 | €86,451 | +€19,919 | +29.9% |
| Profit (loss) for the period to be appropriated | 9905 | €66,532 | €86,451 | +€19,919 | +29.9% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.