TRANSFO - BATIBEL: 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.
TRANSFO - BATIBEL
Largest movements
- Receivables within one year -€15,587
down €15,587 (-92.0%), from €16,949 to €1,362
of which Trade receivables: -€15,266
- Cash -€4,106
no longer reported in 2025 (was €4,106)
mainly Trade debts (-€12,611) and Net result for the year (-€7,194)
- Tangible fixed assets -€797
down €797 (-35.2%), from €2,265 to €1,468
- Current investments +€253
new in 2025: €253
- Trade debts -€12,611
down €12,611 (-88.9%), from €14,178 to €1,567
- Profit (loss) carried forward -€7,194
down €7,194 (-22.5%), from -€31,975 to -€39,169
- Tax, wage and social debts -€251
no longer reported in 2025 (was €251)
- Gross operating margin -€4,418
down €4,418 (-245%), from -€1,806 to -€6,224
- Other operating charges -€289
down €289 (-79.6%), from €363 to €74
- Write-downs +€99
new in 2025: €99
- Financial charges -€97
no longer reported in 2025 (was €97)
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 | €23,320 | €3,083 | -€20,237 | -86.8% |
| Fixed assets | 21/28 | €2,265 | €1,468 | -€797 | -35.2% |
| Tangible fixed assets | 22/27 | €2,265 | €1,468 | -€797 | -35.2% |
| Plant, machinery and equipment | 23 | €2,265 | €1,468 | -€797 | -35.2% |
| Current assets | 29/58 | €21,055 | €1,615 | -€19,440 | -92.3% |
| Amounts receivable within one year | 40/41 | €16,949 | €1,362 | -€15,587 | -92.0% |
| Trade receivables | 40 | €16,440 | €1,174 | -€15,266 | -92.9% |
| Other amounts receivable | 41 | €509 | €188 | -€321 | -63.1% |
| Current investments | 50/53 | - | €253 | +€253 | |
| Cash at bank and in hand | 54/58 | €4,106 | - | -€4,106 | |
| Total equity and liabilities | 10/49 | €23,320 | €3,083 | -€20,237 | -86.8% |
| Equity | 10/15 | -€2,189 | -€9,383 | -€7,194 | -329% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €11,194 | €11,194 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €9,335 | €9,335 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€31,975 | -€39,169 | -€7,194 | -22.5% |
| Amounts payable | 17/49 | €25,509 | €12,466 | -€13,043 | -51.1% |
| Amounts payable within one year | 42/48 | €25,455 | €12,466 | -€12,989 | -51.0% |
| Trade debts | 44 | €14,178 | €1,567 | -€12,611 | -88.9% |
| Suppliers | 440/4 | €14,178 | €1,567 | -€12,611 | -88.9% |
| Taxes, remuneration and social security | 45 | €251 | - | -€251 | |
| Taxes | 450/3 | €251 | - | -€251 | |
| Other amounts payable | 47/48 | €11,026 | €10,899 | -€127 | -1.2% |
| Accrued charges and deferred income | 492/3 | €54 | - | -€54 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €797 | €797 | = | 0.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €99 | +€99 | |
| Other operating charges | 640/8 | €363 | €74 | -€289 | -79.6% |
| Gross operating margin | 9900 | -€1,806 | -€6,224 | -€4,418 | -245% |
| Operating profit (loss) | 9901 | -€2,966 | -€7,194 | -€4,228 | -143% |
| Financial charges | 65/66B | €97 | - | -€97 | |
| Recurring financial charges | 65 | €97 | - | -€97 | |
| Profit (loss) for the period before taxes | 9903 | -€3,063 | -€7,194 | -€4,131 | -135% |
| Profit (loss) for the period | 9904 | -€3,063 | -€7,194 | -€4,131 | -135% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,063 | -€7,194 | -€4,131 | -135% |
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 25 October 2026 via checked.be.