"LC BATI": what changed
Two fiscal 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.
"LC BATI"
Largest movements
- Cash +€189,844
up €189,844 (+99.2%), from €191,382 to €381,226
mainly Stocks and contracts (+€157,925) and Other debts (+€155,621)
- Stocks and contracts -€157,925
down €157,925 (-24.5%), from €645,630 to €487,705
- Other debts +€155,621
up €155,621 (+449.4%), from €34,625 to €190,247
- Profit (loss) carried forward -€103,348
down €103,348 (-49.3%), from €209,723 to €106,376
- Tax, wage and social debts -€31,029
down €31,029 (-44.7%), from €69,377 to €38,348
- Gross operating margin -€15,116
down €15,116 (-11.8%), from €127,864 to €112,748
- Financial charges -€7,182
down €7,182 (-30.4%), from €23,644 to €16,462
- Depreciation -€6,084
down €6,084 (-92.8%), from €6,557 to €473
- Financial income +€5,723
new in 2025: €5,723
- Taxes +€2,667
up €2,667 (+10.4%), from €25,744 to €28,412
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.
Cash bridge derived
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 | €862,058 | €880,206 | +€18,148 | +2.1% |
| Fixed assets | 21/28 | €6,258 | €382 | -€5,876 | -93.9% |
| Tangible fixed assets | 22/27 | €6,258 | €382 | -€5,876 | -93.9% |
| Plant, machinery and equipment | 23 | €742 | €382 | -€360 | -48.6% |
| Furniture and vehicles | 24 | €5,474 | - | -€5,474 | |
| Other tangible fixed assets | 26 | €42 | - | -€42 | |
| Current assets | 29/58 | €855,800 | €879,824 | +€24,025 | +2.8% |
| Stocks and contracts in progress | 3 | €645,630 | €487,705 | -€157,925 | -24.5% |
| Stocks | 30/36 | €645,630 | €487,705 | -€157,925 | -24.5% |
| Amounts receivable within one year | 40/41 | €16,744 | €10,311 | -€6,433 | -38.4% |
| Trade receivables | 40 | €6,107 | €7,270 | +€1,163 | +19.0% |
| Other amounts receivable | 41 | €10,637 | €3,041 | -€7,596 | -71.4% |
| Cash at bank and in hand | 54/58 | €191,382 | €381,226 | +€189,844 | +99.2% |
| Deferred charges and accrued income | 490/1 | €2,043 | €583 | -€1,461 | -71.5% |
| Total equity and liabilities | 10/49 | €862,058 | €880,206 | +€18,148 | +2.1% |
| Equity | 10/15 | €230,183 | €126,836 | -€103,348 | -44.9% |
| 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 | €209,723 | €106,376 | -€103,348 | -49.3% |
| Amounts payable | 17/49 | €631,874 | €753,370 | +€121,496 | +19.2% |
| Amounts payable after more than one year | 17 | €425,929 | €425,000 | -€929 | -0.2% |
| Financial debts | 170/4 | €929 | - | -€929 | |
| Other amounts payable | 178/9 | €425,000 | €425,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €205,945 | €328,370 | +€122,425 | +59.4% |
| Current portion of amounts payable after more than one year | 42 | €86,563 | €83,807 | -€2,756 | -3.2% |
| Trade debts | 44 | €15,380 | €15,969 | +€589 | +3.8% |
| Suppliers | 440/4 | €15,380 | €15,969 | +€589 | +3.8% |
| Taxes, remuneration and social security | 45 | €69,377 | €38,348 | -€31,029 | -44.7% |
| Taxes | 450/3 | €69,377 | €38,348 | -€31,029 | -44.7% |
| Other amounts payable | 47/48 | €34,625 | €190,247 | +€155,621 | +449.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,557 | €473 | -€6,084 | -92.8% |
| Other operating charges | 640/8 | €2,574 | - | -€2,574 | |
| Gross operating margin | 9900 | €127,864 | €112,748 | -€15,116 | -11.8% |
| Operating profit (loss) | 9901 | €118,733 | €112,274 | -€6,459 | -5.4% |
| Financial income | 75/76B | - | €5,723 | +€5,723 | |
| Recurring financial income | 75 | - | €5,723 | +€5,723 | |
| Financial charges | 65/66B | €23,644 | €16,462 | -€7,182 | -30.4% |
| Recurring financial charges | 65 | €23,644 | €16,462 | -€7,182 | -30.4% |
| Profit (loss) for the period before taxes | 9903 | €95,089 | €101,535 | +€6,446 | +6.8% |
| Income taxes | 67/77 | €25,744 | €28,412 | +€2,667 | +10.4% |
| Profit (loss) for the period | 9904 | €69,345 | €73,123 | +€3,778 | +5.4% |
| Profit (loss) for the period to be appropriated | 9905 | €69,345 | €73,123 | +€3,778 | +5.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.