L S BATINET: 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.
L S BATINET
Largest movements
- Tangible fixed assets -€12,807
down €12,807 (-30.7%), from €41,721 to €28,914
of which Furniture and vehicles: -€9,920
- Receivables within one year +€4,542
up €4,542 (+39.3%), from €11,549 to €16,091
of which Trade receivables: +€3,809
- Cash +€2,306
up €2,306 (+19.1%), from €12,044 to €14,350
mainly Depreciation (+€12,550) and Net result for the year (+€5,298)
- Deferred charges and accrued income +€2,040
up €2,040 (+170%), from €1,200 to €3,240
- Debts after one year -€7,348
down €7,348 (-29.7%), from €24,706 to €17,358
- Profit (loss) carried forward +€5,298
up €5,298 (+34.6%), from €15,318 to €20,615
- Trade debts +€1,840
up €1,840 (+132%), from €1,391 to €3,230
- Tax, wage and social debts -€1,553
down €1,553 (-37.5%), from €4,144 to €2,591
of which Remuneration and social security: -€3,543
- Current portion of long-term debt -€1,430
down €1,430 (-16.3%), from €8,778 to €7,348
- Gross operating margin -€4,416
down €4,416 (-15.5%), from €28,420 to €24,004
- Depreciation +€2,674
up €2,674 (+27.1%), from €9,876 to €12,550
- Other operating charges -€1,875
down €1,875 (-70.5%), from €2,659 to €784
- Staff costs -€1,263
down €1,263 (-92.7%), from €1,363 to €100
- Taxes +€1,067
up €1,067 (+73.5%), from €1,452 to €2,519
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 | €66,514 | €63,041 | -€3,474 | -5.2% |
| Fixed assets | 21/28 | €41,721 | €28,914 | -€12,807 | -30.7% |
| Tangible fixed assets | 22/27 | €41,721 | €28,914 | -€12,807 | -30.7% |
| Plant, machinery and equipment | 23 | €5,377 | €2,812 | -€2,564 | -47.7% |
| Furniture and vehicles | 24 | €33,756 | €23,836 | -€9,920 | -29.4% |
| Other tangible fixed assets | 26 | €2,589 | €2,265 | -€324 | -12.5% |
| Current assets | 29/58 | €24,793 | €34,127 | +€9,334 | +37.6% |
| Stocks and contracts in progress | 3 | - | €446 | +€446 | |
| Stocks | 30/36 | - | €446 | +€446 | |
| Amounts receivable within one year | 40/41 | €11,549 | €16,091 | +€4,542 | +39.3% |
| Trade receivables | 40 | €11,501 | €15,309 | +€3,809 | +33.1% |
| Other amounts receivable | 41 | €48 | €781 | +€733 | +1,518% |
| Cash at bank and in hand | 54/58 | €12,044 | €14,350 | +€2,306 | +19.1% |
| Deferred charges and accrued income | 490/1 | €1,200 | €3,240 | +€2,040 | +170% |
| Total equity and liabilities | 10/49 | €66,514 | €63,041 | -€3,474 | -5.2% |
| Equity | 10/15 | €23,378 | €28,675 | +€5,298 | +22.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €15,318 | €20,615 | +€5,298 | +34.6% |
| Amounts payable | 17/49 | €43,137 | €34,365 | -€8,771 | -20.3% |
| Amounts payable after more than one year | 17 | €24,706 | €17,358 | -€7,348 | -29.7% |
| Financial debts | 170/4 | €24,706 | €17,358 | -€7,348 | -29.7% |
| Amounts payable within one year | 42/48 | €18,431 | €17,008 | -€1,423 | -7.7% |
| Current portion of amounts payable after more than one year | 42 | €8,778 | €7,348 | -€1,430 | -16.3% |
| Trade debts | 44 | €1,391 | €3,230 | +€1,840 | +132% |
| Suppliers | 440/4 | €1,391 | €3,230 | +€1,840 | +132% |
| Taxes, remuneration and social security | 45 | €4,144 | €2,591 | -€1,553 | -37.5% |
| Taxes | 450/3 | €601 | €2,591 | +€1,990 | +331% |
| Remuneration and social security | 454/9 | €3,543 | - | -€3,543 | |
| Other amounts payable | 47/48 | €4,118 | €3,839 | -€279 | -6.8% |
| Non-recurring operating income | 76A | €14,791 | - | -€14,791 | |
| Remuneration, social security and pensions | 62 | €1,363 | €100 | -€1,263 | -92.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,876 | €12,550 | +€2,674 | +27.1% |
| Other operating charges | 640/8 | €2,659 | €784 | -€1,875 | -70.5% |
| Non-recurring operating charges | 66A | - | €257 | +€257 | |
| Gross operating margin | 9900 | €28,420 | €24,004 | -€4,416 | -15.5% |
| Operating profit (loss) | 9901 | €14,522 | €10,313 | -€4,210 | -29.0% |
| Financial income | 75/76B | €3 | €23 | +€20 | +680% |
| Recurring financial income | 75 | €3 | €23 | +€20 | +680% |
| Financial charges | 65/66B | €3,018 | €2,520 | -€498 | -16.5% |
| Recurring financial charges | 65 | €3,018 | €2,520 | -€498 | -16.5% |
| Profit (loss) for the period before taxes | 9903 | €11,507 | €7,816 | -€3,691 | -32.1% |
| Income taxes | 67/77 | €1,452 | €2,519 | +€1,067 | +73.5% |
| Profit (loss) for the period | 9904 | €10,056 | €5,298 | -€4,758 | -47.3% |
| Profit (loss) for the period to be appropriated | 9905 | €10,056 | €5,298 | -€4,758 | -47.3% |
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 22 October 2026 via checked.be.