BATTESIMO: 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.
BATTESIMO
Largest movements
- Tangible fixed assets +€180,812
up €180,812 (+43.9%), from €411,859 to €592,671
of which Land and buildings: +€188,867
- Cash -€70,936
down €70,936 (-97.9%), from €72,454 to €1,519
mainly Investment in fixed assets (net) (-€214,091) and Net result for the year (-€44,351)
- Debts after one year +€123,339
up €123,339 (+27.0%), from €456,712 to €580,051
of which Financial debts: +€73,339
- Profit (loss) carried forward -€44,351
down €44,351 (-82.0%), from -€54,107 to -€98,458
- Current portion of long-term debt +€15,226
up €15,226 (+157%), from €9,682 to €24,908
- Trade debts +€12,014
up €12,014 (+529%), from €2,271 to €14,285
- Other operating charges -€43,813
down €43,813 (-93.5%), from €46,874 to €3,062
- Depreciation +€12,925
up €12,925 (+63.0%), from €20,513 to €33,438
- Financial charges +€8,254
up €8,254 (+93.4%), from €8,833 to €17,087
- Gross operating margin -€7,399
down €7,399 (-46.7%), from €15,847 to €8,447
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 | €557,712 | €664,206 | +€106,495 | +19.1% |
| Fixed assets | 21/28 | €417,452 | €598,104 | +€180,652 | +43.3% |
| Tangible fixed assets | 22/27 | €411,859 | €592,671 | +€180,812 | +43.9% |
| Land and buildings | 22 | €381,814 | €570,681 | +€188,867 | +49.5% |
| Plant, machinery and equipment | 23 | €8,202 | €4,285 | -€3,917 | -47.8% |
| Furniture and vehicles | 24 | €21,843 | €17,705 | -€4,138 | -18.9% |
| Financial fixed assets | 28 | €5,593 | €5,433 | -€160 | -2.9% |
| Current assets | 29/58 | €140,260 | €66,102 | -€74,158 | -52.9% |
| Stocks and contracts in progress | 3 | €62,633 | €60,451 | -€2,183 | -3.5% |
| Stocks | 30/36 | €62,633 | €60,451 | -€2,183 | -3.5% |
| Amounts receivable within one year | 40/41 | €259 | €801 | +€542 | +209% |
| Trade receivables | 40 | €184 | €0 | -€184 | -100% |
| Other amounts receivable | 41 | €75 | €801 | +€726 | +974% |
| Cash at bank and in hand | 54/58 | €72,454 | €1,519 | -€70,936 | -97.9% |
| Deferred charges and accrued income | 490/1 | €4,913 | €3,332 | -€1,581 | -32.2% |
| Total equity and liabilities | 10/49 | €557,712 | €664,206 | +€106,495 | +19.1% |
| Equity | 10/15 | €54,539 | €10,188 | -€44,351 | -81.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €90,046 | €90,046 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Other | 1319 | €0 | - | = | |
| Distributable reserves | 133 | €90,046 | €90,046 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€54,107 | -€98,458 | -€44,351 | -82.0% |
| Amounts payable | 17/49 | €503,173 | €654,019 | +€150,846 | +30.0% |
| Amounts payable after more than one year | 17 | €456,712 | €580,051 | +€123,339 | +27.0% |
| Financial debts | 170/4 | €331,712 | €405,051 | +€73,339 | +22.1% |
| Other amounts payable | 178/9 | €125,000 | €175,000 | +€50,000 | +40.0% |
| Amounts payable within one year | 42/48 | €46,460 | €73,968 | +€27,507 | +59.2% |
| Current portion of amounts payable after more than one year | 42 | €9,682 | €24,908 | +€15,226 | +157% |
| Trade debts | 44 | €2,271 | €14,285 | +€12,014 | +529% |
| Suppliers | 440/4 | €2,271 | €14,285 | +€12,014 | +529% |
| Advances received on contracts in progress | 46 | €1,742 | €601 | -€1,140 | -65.5% |
| Taxes, remuneration and social security | 45 | €5,524 | €5,228 | -€296 | -5.4% |
| Taxes | 450/3 | €5,524 | €940 | -€4,584 | -83.0% |
| Remuneration and social security | 454/9 | €0 | €4,288 | +€4,288 | |
| Other amounts payable | 47/48 | €27,242 | €28,945 | +€1,703 | +6.3% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,513 | €33,438 | +€12,925 | +63.0% |
| Other operating charges | 640/8 | €46,874 | €3,062 | -€43,813 | -93.5% |
| Gross operating margin | 9900 | €15,847 | €8,447 | -€7,399 | -46.7% |
| Operating profit (loss) | 9901 | -€51,541 | -€28,053 | +€23,488 | +45.6% |
| Financial income | 75/76B | €869 | €922 | +€52 | +6.0% |
| Recurring financial income | 75 | €869 | €922 | +€52 | +6.0% |
| Financial charges | 65/66B | €8,833 | €17,087 | +€8,254 | +93.4% |
| Recurring financial charges | 65 | €8,833 | €17,087 | +€8,254 | +93.4% |
| Profit (loss) for the period before taxes | 9903 | -€59,504 | -€44,218 | +€15,287 | +25.7% |
| Income taxes | 67/77 | €128 | €134 | +€6 | +4.4% |
| Profit (loss) for the period | 9904 | -€59,632 | -€44,351 | +€15,281 | +25.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€59,632 | -€44,351 | +€15,281 | +25.6% |
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 31 October 2026 via checked.be.