2 CALL 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.
2 CALL BAT
Largest movements
- Receivables within one year +€329,977
up €329,977 (+188%), from €175,711 to €505,688
of which Trade receivables: +€251,564
- Cash -€13,626
down €13,626 (-23.1%), from €59,008 to €45,382
mainly Receivables within one year (-€329,977) and Investment in fixed assets (net) (-€5,000)
- Accrued charges and deferred income +€134,750
new in 2024: €134,750
- Other debts +€106,423
up €106,423 (+502%), from €21,185 to €127,608
- Trade debts +€53,327
up €53,327 (+52.2%), from €102,229 to €155,556
- Profit (loss) carried forward +€27,984
new in 2024: €27,984
- Staff costs +€48,569
up €48,569 (+58.6%), from €82,893 to €131,462
- Financial charges -€18,830
down €18,830 (-77.1%), from €24,436 to €5,606
of which Non-recurring financial charges: -€13,762
- Taxes +€5,215
up €5,215 (+55.5%), from €9,399 to €14,614
- Other operating charges +€4,385
up €4,385 (+365%), from €1,200 to €5,585
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €242,001 | €559,708 | +€317,707 | +131% |
| Fixed assets | 21/28 | €7,101 | €8,452 | +€1,351 | +19.0% |
| Tangible fixed assets | 22/27 | €7,101 | €8,452 | +€1,351 | +19.0% |
| Furniture and vehicles | 24 | €7,101 | €8,452 | +€1,351 | +19.0% |
| Current assets | 29/58 | €234,900 | €551,256 | +€316,356 | +135% |
| Amounts receivable within one year | 40/41 | €175,711 | €505,688 | +€329,977 | +188% |
| Trade receivables | 40 | €146,062 | €397,626 | +€251,564 | +172% |
| Other amounts receivable | 41 | €29,649 | €108,062 | +€78,413 | +264% |
| Cash at bank and in hand | 54/58 | €59,008 | €45,382 | -€13,626 | -23.1% |
| Deferred charges and accrued income | 490/1 | €181 | €186 | +€5 | +3.0% |
| Total equity and liabilities | 10/49 | €242,001 | €559,708 | +€317,707 | +131% |
| Equity | 10/15 | €73,302 | €101,286 | +€27,984 | +38.2% |
| Contributions | 10/11 | €2,479 | €2,479 | +€0 | 0.0% |
| Reserves | 13 | €70,823 | €70,823 | +€0 | 0.0% |
| Non-distributable reserves | 130/1 | €248 | €248 | +€0 | 0.0% |
| Reserves not available under the articles | 1311 | €248 | €248 | +€0 | 0.0% |
| Distributable reserves | 133 | €70,575 | €70,575 | -€0 | 0.0% |
| Profit (loss) carried forward | 14 | - | €27,984 | +€27,984 | |
| Amounts payable | 17/49 | €168,699 | €458,422 | +€289,723 | +172% |
| Amounts payable within one year | 42/48 | €168,699 | €323,672 | +€154,973 | +91.9% |
| Current portion of amounts payable after more than one year | 42 | €2,057 | €352 | -€1,705 | -82.9% |
| Trade debts | 44 | €102,229 | €155,556 | +€53,327 | +52.2% |
| Suppliers | 440/4 | €102,229 | €155,556 | +€53,327 | +52.2% |
| Advances received on contracts in progress | 46 | €1,300 | - | -€1,300 | |
| Taxes, remuneration and social security | 45 | €41,929 | €40,156 | -€1,773 | -4.2% |
| Taxes | 450/3 | €38,863 | €24,777 | -€14,086 | -36.2% |
| Remuneration and social security | 454/9 | €3,066 | €15,379 | +€12,313 | +402% |
| Other amounts payable | 47/48 | €21,185 | €127,608 | +€106,423 | +502% |
| Accrued charges and deferred income | 492/3 | - | €134,750 | +€134,750 | |
| Remuneration, social security and pensions | 62 | €82,893 | €131,462 | +€48,569 | +58.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,183 | €3,649 | +€466 | +14.7% |
| Other operating charges | 640/8 | €1,200 | €5,585 | +€4,385 | +365% |
| Non-recurring operating charges | 66A | €5,800 | - | -€5,800 | |
| Gross operating margin | 9900 | €189,137 | €188,838 | -€299 | -0.2% |
| Operating profit (loss) | 9901 | €96,061 | €48,142 | -€47,919 | -49.9% |
| Financial income | 75/76B | €120 | €62 | -€58 | -48.4% |
| Recurring financial income | 75 | €120 | €62 | -€58 | -48.4% |
| Financial charges | 65/66B | €24,436 | €5,606 | -€18,830 | -77.1% |
| Recurring financial charges | 65 | €10,674 | €5,606 | -€5,068 | -47.5% |
| Non-recurring financial charges | 66B | €13,762 | - | -€13,762 | |
| Profit (loss) for the period before taxes | 9903 | €71,745 | €42,598 | -€29,147 | -40.6% |
| Income taxes | 67/77 | €9,399 | €14,614 | +€5,215 | +55.5% |
| Profit (loss) for the period | 9904 | €62,347 | €27,984 | -€34,363 | -55.1% |
| Profit (loss) for the period to be appropriated | 9905 | €62,347 | €27,984 | -€34,363 | -55.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.