M.A. BÂTI: 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.
M.A. BÂTI
Largest movements
- Receivables within one year -€42,043
down €42,043 (-91.5%), from €45,950 to €3,907
of which Other amounts receivable: -€26,572
- Cash +€14,159
up €14,159 (+141%), from €10,067 to €24,227
mainly Receivables within one year (+€42,043) and Depreciation (+€11,940)
- Contributions -€18,600
no longer reported in 2025 (was €18,600)
- Profit (loss) carried forward -€5,616
down €5,616 (-17.7%), from €31,803 to €26,187
- Tax, wage and social debts -€2,639
down €2,639 (-96.8%), from €2,726 to €87
- Trade debts -€1,029
no longer reported in 2025 (was €1,029)
- Depreciation +€11,940
new in 2025: €11,940
- Gross operating margin +€3,311
up €3,311 (+39.6%), from €8,352 to €11,663
- Taxes -€1,942
down €1,942 (-49.5%), from €3,926 to €1,984
- Staff costs -€1,052
down €1,052 (-93.8%), from €1,121 to €69
- Other operating charges +€379
up €379 (+436%), from €87 to €466
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 | €56,017 | €28,134 | -€27,884 | -49.8% |
| Current assets | 29/58 | €56,017 | €28,134 | -€27,884 | -49.8% |
| Amounts receivable within one year | 40/41 | €45,950 | €3,907 | -€42,043 | -91.5% |
| Trade receivables | 40 | €16,054 | €584 | -€15,471 | -96.4% |
| Other amounts receivable | 41 | €29,896 | €3,324 | -€26,572 | -88.9% |
| Cash at bank and in hand | 54/58 | €10,067 | €24,227 | +€14,159 | +141% |
| Total equity and liabilities | 10/49 | €56,017 | €28,134 | -€27,884 | -49.8% |
| Equity | 10/15 | €52,263 | €28,047 | -€24,216 | -46.3% |
| Contributions | 10/11 | €18,600 | - | -€18,600 | |
| Capital | 10 | €18,600 | - | -€18,600 | |
| Issued capital | 100 | €18,600 | - | -€18,600 | |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €31,803 | €26,187 | -€5,616 | -17.7% |
| Amounts payable | 17/49 | €3,755 | €87 | -€3,668 | -97.7% |
| Amounts payable within one year | 42/48 | €3,755 | €87 | -€3,668 | -97.7% |
| Trade debts | 44 | €1,029 | - | -€1,029 | |
| Suppliers | 440/4 | €1,029 | - | -€1,029 | |
| Taxes, remuneration and social security | 45 | €2,726 | €87 | -€2,639 | -96.8% |
| Taxes | 450/3 | €2,726 | €87 | -€2,639 | -96.8% |
| Remuneration, social security and pensions | 62 | €1,121 | €69 | -€1,052 | -93.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €11,940 | +€11,940 | |
| Other operating charges | 640/8 | €87 | €466 | +€379 | +436% |
| Non-recurring operating charges | 66A | - | €2,797 | +€2,797 | |
| Gross operating margin | 9900 | €8,352 | €11,663 | +€3,311 | +39.6% |
| Operating profit (loss) | 9901 | €7,144 | -€3,609 | -€10,753 | |
| Financial charges | 65/66B | €144 | €23 | -€121 | -84.4% |
| Recurring financial charges | 65 | €144 | €23 | -€121 | -84.4% |
| Profit (loss) for the period before taxes | 9903 | €7,000 | -€3,631 | -€10,632 | |
| Income taxes | 67/77 | €3,926 | €1,984 | -€1,942 | -49.5% |
| Profit (loss) for the period | 9904 | €3,074 | -€5,616 | -€8,690 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,074 | -€5,616 | -€8,690 |
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 20 October 2026 via checked.be.