M.E.S.-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.
M.E.S.-BATI
Largest movements
- Cash +€232,126
up €232,126 (+53.3%), from €435,388 to €667,514
mainly Net result for the year (+€270,605) and Stocks and contracts (+€156,336)
- Stocks and contracts -€156,336
down €156,336 (-62.7%), from €249,304 to €92,967
- Receivables within one year -€91,667
down €91,667 (-43.6%), from €210,081 to €118,414
of which Other amounts receivable: -€68,676
- Tangible fixed assets -€24,942
down €24,942 (-27.3%), from €91,230 to €66,288
of which Leasing and similar rights: -€19,893
- Deferred charges and accrued income +€14,302
up €14,302 (+66.8%), from €21,422 to €35,724
- Accrued charges and deferred income -€79,515
down €79,515 (-67.1%), from €118,544 to €39,029
- Reserves +€31,766
up €31,766 (+11.1%), from €286,709 to €318,475
- Debts after one year -€25,825
down €25,825 (-28.0%), from €92,207 to €66,383
- Trade debts +€24,967
up €24,967 (+24.2%), from €103,230 to €128,196
- Tax, wage and social debts +€23,486
up €23,486 (+39.3%), from €59,836 to €83,322
of which Taxes: +€17,581
- Gross operating margin +€449,439
up €449,439 (+45.0%), from €999,646 to €1.4m
- Staff costs +€105,076
up €105,076 (+11.6%), from €905,974 to €1.0m
- Taxes +€102,959
up €102,959 (+674%), from €15,272 to €118,231
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 | €1,007,425 | €980,908 | -€26,517 | -2.6% |
| Fixed assets | 21/28 | €91,230 | €66,288 | -€24,942 | -27.3% |
| Tangible fixed assets | 22/27 | €91,230 | €66,288 | -€24,942 | -27.3% |
| Furniture and vehicles | 24 | €14,586 | €9,537 | -€5,049 | -34.6% |
| Leasing and similar rights | 25 | €76,645 | €56,751 | -€19,893 | -26.0% |
| Current assets | 29/58 | €916,195 | €914,620 | -€1,575 | -0.2% |
| Stocks and contracts in progress | 3 | €249,304 | €92,967 | -€156,336 | -62.7% |
| Stocks | 30/36 | €249,304 | €92,967 | -€156,336 | -62.7% |
| Amounts receivable within one year | 40/41 | €210,081 | €118,414 | -€91,667 | -43.6% |
| Trade receivables | 40 | €138,902 | €115,911 | -€22,990 | -16.6% |
| Other amounts receivable | 41 | €71,179 | €2,503 | -€68,676 | -96.5% |
| Cash at bank and in hand | 54/58 | €435,388 | €667,514 | +€232,126 | +53.3% |
| Deferred charges and accrued income | 490/1 | €21,422 | €35,724 | +€14,302 | +66.8% |
| Total equity and liabilities | 10/49 | €1,007,425 | €980,908 | -€26,517 | -2.6% |
| Equity | 10/15 | €553,415 | €585,181 | +€31,766 | +5.7% |
| Reserves | 13 | €286,709 | €318,475 | +€31,766 | +11.1% |
| Distributable reserves | 133 | €286,709 | €318,475 | +€31,766 | +11.1% |
| Profit (loss) carried forward | 14 | €266,706 | €266,706 | = | 0.0% |
| Amounts payable | 17/49 | €454,010 | €395,727 | -€58,284 | -12.8% |
| Amounts payable after more than one year | 17 | €92,207 | €66,383 | -€25,825 | -28.0% |
| Financial debts | 170/4 | €92,207 | €66,383 | -€25,825 | -28.0% |
| Amounts payable within one year | 42/48 | €243,259 | €290,315 | +€47,056 | +19.3% |
| Current portion of amounts payable after more than one year | 42 | €79,896 | €78,797 | -€1,099 | -1.4% |
| Trade debts | 44 | €103,230 | €128,196 | +€24,967 | +24.2% |
| Suppliers | 440/4 | €103,230 | €128,196 | +€24,967 | +24.2% |
| Taxes, remuneration and social security | 45 | €59,836 | €83,322 | +€23,486 | +39.3% |
| Taxes | 450/3 | €41,057 | €58,638 | +€17,581 | +42.8% |
| Remuneration and social security | 454/9 | €18,779 | €24,684 | +€5,905 | +31.4% |
| Other amounts payable | 47/48 | €297 | - | -€297 | |
| Accrued charges and deferred income | 492/3 | €118,544 | €39,029 | -€79,515 | -67.1% |
| Remuneration, social security and pensions | 62 | €905,974 | €1,011,050 | +€105,076 | +11.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,149 | €26,664 | +€2,515 | +10.4% |
| Other operating charges | 640/8 | €5,598 | €4,447 | -€1,151 | -20.6% |
| Non-recurring operating charges | 66A | €5,312 | €37 | -€5,275 | -99.3% |
| Gross operating margin | 9900 | €999,646 | €1,449,084 | +€449,439 | +45.0% |
| Operating profit (loss) | 9901 | €58,613 | €406,887 | +€348,274 | +594% |
| Financial income | 75/76B | €1 | €0 | -€1 | -96.8% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -96.8% |
| Financial charges | 65/66B | €23,785 | €18,052 | -€5,733 | -24.1% |
| Recurring financial charges | 65 | €23,785 | €18,052 | -€5,733 | -24.1% |
| Profit (loss) for the period before taxes | 9903 | €34,829 | €388,836 | +€354,007 | +1,016% |
| Income taxes | 67/77 | €15,272 | €118,231 | +€102,959 | +674% |
| Profit (loss) for the period | 9904 | €19,557 | €270,605 | +€251,048 | +1,284% |
| Profit (loss) for the period to be appropriated | 9905 | €19,557 | €270,605 | +€251,048 | +1,284% |
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 13 October 2026 via checked.be.