AL BACETTO 3: what changed
AL BACETTO 3
Largest movements
- Receivables within one year +€87,113
up €87,113 (+587%), from €14,829 to €101,942
of which Other amounts receivable: +€44,813
- Receivables after one year +€65,003
up €65,003 (+144%), from €45,000 to €110,003
- Tangible fixed assets -€26,405
down €26,405 (-96.1%), from €27,462 to €1,058
of which Plant, machinery and equipment: -€25,239
- Intangible fixed assets -€20,000
no longer reported in 2024 (was €20,000)
- Cash -€16,055
down €16,055 (-72.5%), from €22,133 to €6,078
mainly Receivables within one year (-€87,113) and Receivables after one year (-€65,003)
- Trade debts +€96,029
up €96,029 (+572%), from €16,795 to €112,823
- Debts after one year -€20,941
down €20,941 (-59.2%), from €35,397 to €14,456
- Other debts +€10,149
up €10,149 (+941%), from €1,078 to €11,227
- Profit (loss) carried forward +€6,194
up €6,194 (+23.9%), from €25,910 to €32,104
- Tax, wage and social debts -€2,479
down €2,479 (-12.1%), from €20,423 to €17,945
of which Remuneration and social security: -€8,437
- Staff costs -€36,625
down €36,625 (-37.8%), from €96,981 to €60,356
- Other operating charges +€14,984
up €14,984 (+234%), from €6,402 to €21,386
- Gross operating margin -€11,929
down €11,929 (-8.3%), from €143,390 to €131,461
- Taxes -€10,389
no longer reported in 2024 (was €10,389)
- Financial income +€4,551
up €4,551 (+2,920%), from €156 to €4,707
Change in the result, 2023 to 2024
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2023 and 2024 balance sheets and the 2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €129,425 | €219,081 | +€89,656 | +69.3% |
| Fixed assets | 21/28 | €47,462 | €1,058 | -€46,405 | -97.8% |
| Intangible fixed assets | 21 | €20,000 | - | -€20,000 | |
| Tangible fixed assets | 22/27 | €27,462 | €1,058 | -€26,405 | -96.1% |
| Plant, machinery and equipment | 23 | €25,239 | - | -€25,239 | |
| Furniture and vehicles | 24 | €2,223 | €1,058 | -€1,166 | -52.4% |
| Current assets | 29/58 | €81,963 | €218,023 | +€136,060 | +166% |
| Amounts receivable after more than one year | 29 | €45,000 | €110,003 | +€65,003 | +144% |
| Other amounts receivable | 291 | €45,000 | €110,003 | +€65,003 | +144% |
| Amounts receivable within one year | 40/41 | €14,829 | €101,942 | +€87,113 | +587% |
| Trade receivables | 40 | €13,021 | €55,321 | +€42,301 | +325% |
| Other amounts receivable | 41 | €1,809 | €46,621 | +€44,813 | +2,478% |
| Cash at bank and in hand | 54/58 | €22,133 | €6,078 | -€16,055 | -72.5% |
| Total equity and liabilities | 10/49 | €129,425 | €219,081 | +€89,656 | +69.3% |
| Equity | 10/15 | €29,910 | €36,104 | +€6,194 | +20.7% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €25,910 | €32,104 | +€6,194 | +23.9% |
| Amounts payable | 17/49 | €99,515 | €182,977 | +€83,462 | +83.9% |
| Amounts payable after more than one year | 17 | €35,397 | €14,456 | -€20,941 | -59.2% |
| Financial debts | 170/4 | €35,397 | €14,456 | -€20,941 | -59.2% |
| Amounts payable within one year | 42/48 | €64,118 | €168,521 | +€104,403 | +163% |
| Current portion of amounts payable after more than one year | 42 | €25,822 | €26,526 | +€704 | +2.7% |
| Trade debts | 44 | €16,795 | €112,823 | +€96,029 | +572% |
| Suppliers | 440/4 | €16,795 | €112,823 | +€96,029 | +572% |
| Taxes, remuneration and social security | 45 | €20,423 | €17,945 | -€2,479 | -12.1% |
| Taxes | 450/3 | €8,796 | €14,754 | +€5,958 | +67.7% |
| Remuneration and social security | 454/9 | €11,627 | €3,190 | -€8,437 | -72.6% |
| Other amounts payable | 47/48 | €1,078 | €11,227 | +€10,149 | +941% |
| Non-recurring operating income | 76A | €1,676 | €2,291 | +€615 | +36.7% |
| Remuneration, social security and pensions | 62 | €96,981 | €60,356 | -€36,625 | -37.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,913 | €8,540 | +€627 | +7.9% |
| Other operating charges | 640/8 | €6,402 | €21,386 | +€14,984 | +234% |
| Non-recurring operating charges | 66A | - | €40,430 | +€40,430 | |
| Gross operating margin | 9900 | €143,390 | €131,461 | -€11,929 | -8.3% |
| Operating profit (loss) | 9901 | €32,094 | €749 | -€31,344 | -97.7% |
| Financial income | 75/76B | €156 | €4,707 | +€4,551 | +2,920% |
| Recurring financial income | 75 | €156 | €4,707 | +€4,551 | +2,920% |
| Financial charges | 65/66B | €3,055 | €1,574 | -€1,481 | -48.5% |
| Recurring financial charges | 65 | €3,055 | €1,574 | -€1,481 | -48.5% |
| Profit (loss) for the period before taxes | 9903 | €29,194 | €3,882 | -€25,312 | -86.7% |
| Income taxes | 67/77 | €10,389 | - | -€10,389 | |
| Profit (loss) for the period | 9904 | €18,805 | €3,882 | -€14,923 | -79.4% |
| Profit (loss) for the period to be appropriated | 9905 | €18,805 | €3,882 | -€14,923 | -79.4% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2023 and 30 September 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.