M.K. 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.K. BATI
Largest movements
- Tangible fixed assets -€41,383
down €41,383 (-36.4%), from €113,614 to €72,231
of which Furniture and vehicles: -€43,407
- Cash +€31,242
up €31,242 (+13,098%), from €239 to €31,480
mainly Depreciation (+€47,403) and Net result for the year (+€27,917)
- Deferred charges and accrued income +€3,893
up €3,893 (+48.3%), from €8,053 to €11,946
- Debts after one year -€19,442
down €19,442 (-54.7%), from €35,552 to €16,110
- Other debts +€14,236
up €14,236 (+5,398%), from €264 to €14,500
- Reserves +€8,800
up €8,800 (+34.8%), from €25,310 to €34,110
of which Distributable reserves: +€8,800
- Tax, wage and social debts -€8,201
down €8,201 (-41.8%), from €19,627 to €11,425
of which Remuneration and social security: -€9,058
- Trade debts -€6,780
down €6,780 (-42.3%), from €16,022 to €9,242
- Gross operating margin +€40,610
up €40,610 (+80.4%), from €50,495 to €91,105
- Depreciation +€9,891
up €9,891 (+26.4%), from €37,512 to €47,403
- Taxes +€3,843
up €3,843 (+81.0%), from €4,744 to €8,587
- Financial charges +€3,764
up €3,764 (+324%), from €1,163 to €4,927
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 | €128,714 | €122,322 | -€6,392 | -5.0% |
| Fixed assets | 21/28 | €113,734 | €72,351 | -€41,383 | -36.4% |
| Tangible fixed assets | 22/27 | €113,614 | €72,231 | -€41,383 | -36.4% |
| Plant, machinery and equipment | 23 | €2,204 | €4,228 | +€2,024 | +91.8% |
| Furniture and vehicles | 24 | €111,410 | €68,003 | -€43,407 | -39.0% |
| Financial fixed assets | 28 | €120 | €120 | = | 0.0% |
| Current assets | 29/58 | €14,980 | €49,970 | +€34,991 | +234% |
| Stocks and contracts in progress | 3 | €804 | - | -€804 | |
| Stocks | 30/36 | €804 | - | -€804 | |
| Amounts receivable within one year | 40/41 | €5,884 | €6,544 | +€660 | +11.2% |
| Trade receivables | 40 | €757 | €1,207 | +€450 | +59.5% |
| Other amounts receivable | 41 | €5,127 | €5,338 | +€210 | +4.1% |
| Cash at bank and in hand | 54/58 | €239 | €31,480 | +€31,242 | +13,098% |
| Deferred charges and accrued income | 490/1 | €8,053 | €11,946 | +€3,893 | +48.3% |
| Total equity and liabilities | 10/49 | €128,714 | €122,322 | -€6,392 | -5.0% |
| Equity | 10/15 | €34,899 | €43,737 | +€8,839 | +25.3% |
| Contributions | 10/11 | €9,500 | €9,500 | = | 0.0% |
| Reserves | 13 | €25,310 | €34,110 | +€8,800 | +34.8% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €23,450 | €32,250 | +€8,800 | +37.5% |
| Profit (loss) carried forward | 14 | €89 | €127 | +€39 | +43.7% |
| Amounts payable | 17/49 | €93,815 | €78,584 | -€15,231 | -16.2% |
| Amounts payable after more than one year | 17 | €35,552 | €16,110 | -€19,442 | -54.7% |
| Financial debts | 170/4 | €35,552 | €16,110 | -€19,442 | -54.7% |
| Amounts payable within one year | 42/48 | €58,263 | €62,474 | +€4,211 | +7.2% |
| Current portion of amounts payable after more than one year | 42 | €22,003 | €19,442 | -€2,561 | -11.6% |
| Financial debts | 43 | €347 | €6,426 | +€6,079 | +1,751% |
| Other loans | 439 | €347 | €6,426 | +€6,079 | +1,751% |
| Trade debts | 44 | €16,022 | €9,242 | -€6,780 | -42.3% |
| Suppliers | 440/4 | €16,022 | €9,242 | -€6,780 | -42.3% |
| Advances received on contracts in progress | 46 | - | €1,439 | +€1,439 | |
| Taxes, remuneration and social security | 45 | €19,627 | €11,425 | -€8,201 | -41.8% |
| Taxes | 450/3 | €2,775 | €3,632 | +€857 | +30.9% |
| Remuneration and social security | 454/9 | €16,852 | €7,794 | -€9,058 | -53.8% |
| Other amounts payable | 47/48 | €264 | €14,500 | +€14,236 | +5,398% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,512 | €47,403 | +€9,891 | +26.4% |
| Other operating charges | 640/8 | €1,776 | €2,372 | +€595 | +33.5% |
| Gross operating margin | 9900 | €50,495 | €91,105 | +€40,610 | +80.4% |
| Operating profit (loss) | 9901 | €11,206 | €41,331 | +€30,125 | +269% |
| Financial income | 75/76B | €0 | €99 | +€99 | +165,450% |
| Recurring financial income | 75 | €0 | €99 | +€99 | +165,450% |
| Financial charges | 65/66B | €1,163 | €4,927 | +€3,764 | +324% |
| Recurring financial charges | 65 | €1,163 | €4,927 | +€3,764 | +324% |
| Profit (loss) for the period before taxes | 9903 | €10,044 | €36,504 | +€26,460 | +263% |
| Income taxes | 67/77 | €4,744 | €8,587 | +€3,843 | +81.0% |
| Profit (loss) for the period | 9904 | €5,299 | €27,917 | +€22,617 | +427% |
| Profit (loss) for the period to be appropriated | 9905 | €5,299 | €27,917 | +€22,617 | +427% |
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 18 October 2026 via checked.be.