T. BAT: 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.
T. BAT
Largest movements
- Cash -€6,541
down €6,541 (-21.9%), from €29,854 to €23,313
mainly Net result for the year (-€6,115) and Debts after one year (-€4,246)
- Tangible fixed assets -€2,697
down €2,697 (-20.9%), from €12,907 to €10,211
of which Land and buildings: -€2,509
- Profit (loss) carried forward -€6,115
down €6,115, from €2,564 to -€3,551
- Debts after one year -€4,246
down €4,246 (-80.0%), from €5,308 to €1,061
- Other debts +€865
up €865 (+86.9%), from €996 to €1,860
- Gross operating margin -€13,665
down €13,665, from €11,378 to -€2,286
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 | €43,854 | €34,507 | -€9,347 | -21.3% |
| Fixed assets | 21/28 | €13,087 | €10,391 | -€2,697 | -20.6% |
| Tangible fixed assets | 22/27 | €12,907 | €10,211 | -€2,697 | -20.9% |
| Land and buildings | 22 | €12,588 | €10,080 | -€2,509 | -19.9% |
| Furniture and vehicles | 24 | €319 | €131 | -€188 | -59.0% |
| Financial fixed assets | 28 | €180 | €180 | = | 0.0% |
| Current assets | 29/58 | €30,767 | €24,117 | -€6,650 | -21.6% |
| Stocks and contracts in progress | 3 | €252 | €252 | = | 0.0% |
| Stocks | 30/36 | €252 | €252 | = | 0.0% |
| Amounts receivable within one year | 40/41 | - | €123 | +€123 | |
| Other amounts receivable | 41 | - | €123 | +€123 | |
| Cash at bank and in hand | 54/58 | €29,854 | €23,313 | -€6,541 | -21.9% |
| Deferred charges and accrued income | 490/1 | €661 | €428 | -€233 | -35.2% |
| Total equity and liabilities | 10/49 | €43,854 | €34,507 | -€9,347 | -21.3% |
| Equity | 10/15 | €31,407 | €25,292 | -€6,115 | -19.5% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €10,251 | €10,251 | = | 0.0% |
| Tax-exempt reserves | 132 | €8,391 | €8,391 | = | 0.0% |
| Distributable reserves | 133 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,564 | -€3,551 | -€6,115 | |
| Amounts payable | 17/49 | €12,448 | €9,216 | -€3,232 | -26.0% |
| Amounts payable after more than one year | 17 | €5,308 | €1,061 | -€4,246 | -80.0% |
| Financial debts | 170/4 | €5,308 | €1,061 | -€4,246 | -80.0% |
| Amounts payable within one year | 42/48 | €7,140 | €8,154 | +€1,014 | +14.2% |
| Current portion of amounts payable after more than one year | 42 | €4,246 | €4,246 | = | 0.0% |
| Trade debts | 44 | €1,745 | €2,048 | +€303 | +17.4% |
| Suppliers | 440/4 | €1,745 | €2,048 | +€303 | +17.4% |
| Taxes, remuneration and social security | 45 | €154 | - | -€154 | |
| Taxes | 450/3 | €154 | - | -€154 | |
| Other amounts payable | 47/48 | €996 | €1,860 | +€865 | +86.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,697 | €2,697 | = | 0.0% |
| Other operating charges | 640/8 | €730 | €753 | +€23 | +3.2% |
| Gross operating margin | 9900 | €11,378 | -€2,286 | -€13,665 | |
| Operating profit (loss) | 9901 | €7,952 | -€5,736 | -€13,688 | |
| Financial charges | 65/66B | €453 | €379 | -€74 | -16.3% |
| Recurring financial charges | 65 | €453 | €379 | -€74 | -16.3% |
| Profit (loss) for the period before taxes | 9903 | €7,499 | -€6,115 | -€13,614 | |
| Profit (loss) for the period | 9904 | €7,499 | -€6,115 | -€13,614 | |
| Profit (loss) for the period to be appropriated | 9905 | €7,499 | -€6,115 | -€13,614 |
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 10 October 2026 via checked.be.