IMMO BATIBEL: 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.
IMMO BATIBEL
Largest movements
- Deferred charges and accrued income +€51,724
up €51,724 (+509%), from €10,153 to €61,877
- Receivables within one year -€44,220
down €44,220 (-15.0%), from €293,968 to €249,748
of which Trade receivables: -€37,787
- Tangible fixed assets -€7,300
down €7,300 (-15.5%), from €47,162 to €39,861
of which Leasing and similar rights: -€13,543
- Trade debts +€17,738
up €17,738 (+8.7%), from €203,394 to €221,132
- Debts after one year -€6,876
down €6,876 (-40.6%), from €16,939 to €10,063
- Depreciation +€3,555
up €3,555 (+23.0%), from €15,435 to €18,990
- Other operating charges -€3,106
down €3,106 (-86.6%), from €3,589 to €483
- Taxes -€1,538
down €1,538 (-63.3%), from €2,428 to €890
- Gross operating margin -€585
down €585 (-2.5%), from €23,698 to €23,113
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 | €359,767 | €362,994 | +€3,227 | +0.9% |
| Fixed assets | 21/28 | €47,462 | €40,161 | -€7,300 | -15.4% |
| Tangible fixed assets | 22/27 | €47,162 | €39,861 | -€7,300 | -15.5% |
| Plant, machinery and equipment | 23 | €2,723 | €1,928 | -€796 | -29.2% |
| Furniture and vehicles | 24 | €766 | €7,803 | +€7,038 | +919% |
| Leasing and similar rights | 25 | €43,673 | €30,130 | -€13,543 | -31.0% |
| Financial fixed assets | 28 | €300 | €300 | = | 0.0% |
| Current assets | 29/58 | €312,306 | €322,833 | +€10,527 | +3.4% |
| Amounts receivable within one year | 40/41 | €293,968 | €249,748 | -€44,220 | -15.0% |
| Trade receivables | 40 | €279,563 | €241,775 | -€37,787 | -13.5% |
| Other amounts receivable | 41 | €14,405 | €7,973 | -€6,432 | -44.7% |
| Cash at bank and in hand | 54/58 | €8,184 | €11,207 | +€3,023 | +36.9% |
| Deferred charges and accrued income | 490/1 | €10,153 | €61,877 | +€51,724 | +509% |
| Total equity and liabilities | 10/49 | €359,767 | €362,994 | +€3,227 | +0.9% |
| Equity | 10/15 | €120,981 | €123,144 | +€2,163 | +1.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| 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 | €100,521 | €102,684 | +€2,163 | +2.2% |
| Amounts payable | 17/49 | €238,786 | €239,850 | +€1,064 | +0.4% |
| Amounts payable after more than one year | 17 | €16,939 | €10,063 | -€6,876 | -40.6% |
| Financial debts | 170/4 | €16,939 | €10,063 | -€6,876 | -40.6% |
| Amounts payable within one year | 42/48 | €221,847 | €229,787 | +€7,941 | +3.6% |
| Current portion of amounts payable after more than one year | 42 | €11,826 | €8,243 | -€3,583 | -30.3% |
| Trade debts | 44 | €203,394 | €221,132 | +€17,738 | +8.7% |
| Suppliers | 440/4 | €203,394 | €221,132 | +€17,738 | +8.7% |
| Taxes, remuneration and social security | 45 | €3,564 | €364 | -€3,200 | -89.8% |
| Taxes | 450/3 | €364 | €364 | = | 0.0% |
| Remuneration and social security | 454/9 | €3,200 | €0 | -€3,200 | -100% |
| Other amounts payable | 47/48 | €3,063 | €49 | -€3,014 | -98.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,435 | €18,990 | +€3,555 | +23.0% |
| Other operating charges | 640/8 | €3,589 | €483 | -€3,106 | -86.6% |
| Gross operating margin | 9900 | €23,698 | €23,113 | -€585 | -2.5% |
| Operating profit (loss) | 9901 | €4,675 | €3,641 | -€1,034 | -22.1% |
| Financial income | 75/76B | €4 | €66 | +€62 | +1,425% |
| Recurring financial income | 75 | €4 | €66 | +€62 | +1,425% |
| Financial charges | 65/66B | €444 | €654 | +€210 | +47.3% |
| Recurring financial charges | 65 | €444 | €654 | +€210 | +47.3% |
| Profit (loss) for the period before taxes | 9903 | €4,235 | €3,053 | -€1,182 | -27.9% |
| Income taxes | 67/77 | €2,428 | €890 | -€1,538 | -63.3% |
| Profit (loss) for the period | 9904 | €1,807 | €2,163 | +€356 | +19.7% |
| Profit (loss) for the period to be appropriated | 9905 | €1,807 | €2,163 | +€356 | +19.7% |
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 19 October 2026 via checked.be.