Batigol: 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.
Batigol
Largest movements
- Tangible fixed assets +€3.6m
up €3.6m (+1,191%), from €300,000 to €3.9m
of which Land and buildings: +€3.5m
- Intangible fixed assets +€127,472
new in 2025: €127,472
- Receivables within one year +€66,302
new in 2025: €66,302
of which Trade receivables: +€46,256
- Debts after one year +€2.9m
new in 2025: €2.9m
- Trade debts +€751,959
up €751,959, from €0 to €751,959
- Other debts +€199,093
up €199,093 (+58.1%), from €342,850 to €541,943
- Profit (loss) carried forward -€135,860
down €135,860 (-300%), from -€45,280 to -€181,140
- Current portion of long-term debt +€93,006
new in 2025: €93,006
- Gross operating margin -€94,895
down €94,895 (-5,929%), from -€1,601 to -€96,495
- Financial charges +€52,376
up €52,376 (+66,140%), from €79 to €52,456
- Financial income +€25,096
new in 2025: €25,096
- Depreciation +€11,333
up €11,333, from €0 to €11,333
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 | €300,070 | €4,086,587 | +€3.8m | +1,262% |
| Fixed assets | 21/28 | €300,000 | €4,000,285 | +€3.7m | +1,233% |
| Intangible fixed assets | 21 | - | €127,472 | +€127,472 | |
| Tangible fixed assets | 22/27 | €300,000 | €3,872,813 | +€3.6m | +1,191% |
| Land and buildings | 22 | €300,000 | €3,809,756 | +€3.5m | +1,170% |
| Assets under construction and advance payments | 27 | - | €63,057 | +€63,057 | |
| Current assets | 29/58 | €70 | €86,302 | +€86,232 | +123,400% |
| Amounts receivable within one year | 40/41 | - | €66,302 | +€66,302 | |
| Trade receivables | 40 | - | €46,256 | +€46,256 | |
| Other amounts receivable | 41 | - | €20,046 | +€20,046 | |
| Cash at bank and in hand | 54/58 | €70 | €0 | -€70 | -100% |
| Deferred charges and accrued income | 490/1 | - | €20,000 | +€20,000 | |
| Total equity and liabilities | 10/49 | €300,070 | €4,086,587 | +€3.8m | +1,262% |
| Equity | 10/15 | -€42,780 | -€178,640 | -€135,860 | -318% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€45,280 | -€181,140 | -€135,860 | -300% |
| Amounts payable | 17/49 | €342,850 | €4,265,227 | +€3.9m | +1,144% |
| Amounts payable after more than one year | 17 | - | €2,878,280 | +€2.9m | |
| Financial debts | 170/4 | - | €2,878,280 | +€2.9m | |
| Amounts payable within one year | 42/48 | €342,850 | €1,386,947 | +€1.0m | +305% |
| Current portion of amounts payable after more than one year | 42 | - | €93,006 | +€93,006 | |
| Financial debts | 43 | - | €40 | +€40 | |
| Credit institutions | 430/8 | - | €40 | +€40 | |
| Trade debts | 44 | €0 | €751,959 | +€751,959 | |
| Suppliers | 440/4 | €0 | €751,959 | +€751,959 | |
| Other amounts payable | 47/48 | €342,850 | €541,943 | +€199,093 | +58.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | €11,333 | +€11,333 | |
| Other operating charges | 640/8 | €265 | €673 | +€408 | +154% |
| Gross operating margin | 9900 | -€1,601 | -€96,495 | -€94,895 | -5,929% |
| Operating profit (loss) | 9901 | -€1,866 | -€108,501 | -€106,635 | -5,715% |
| Financial income | 75/76B | - | €25,096 | +€25,096 | |
| Recurring financial income | 75 | - | €25,096 | +€25,096 | |
| Financial charges | 65/66B | €79 | €52,456 | +€52,376 | +66,140% |
| Recurring financial charges | 65 | €79 | €52,456 | +€52,376 | +66,140% |
| Profit (loss) for the period before taxes | 9903 | -€1,945 | -€135,860 | -€133,915 | -6,885% |
| Profit (loss) for the period | 9904 | -€1,945 | -€135,860 | -€133,915 | -6,885% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,945 | -€135,860 | -€133,915 | -6,885% |
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 14 October 2026 via checked.be.