BABA WALI: 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.
BABA WALI
Largest movements
- Receivables within one year +€31,164
up €31,164 (+109.9%), from €28,359 to €59,523
of which Trade receivables: +€26,572
- Cash +€11,079
up €11,079 (+105.0%), from €10,548 to €21,627
mainly Advances received (+€57,040) and Net result for the year (+€7,999)
- Stocks and contracts +€8,240
up €8,240 (+28.5%), from €28,950 to €37,190
- Deferred charges and accrued income +€2,736
new in 2023: €2,736
- Tangible fixed assets -€1,400
down €1,400 (-36.7%), from €3,818 to €2,418
of which Furniture and vehicles: -€833
- Advances received +€57,040
new in 2023: €57,040
- Trade debts -€17,034
down €17,034 (-51.0%), from €33,420 to €16,386
- Profit (loss) carried forward +€7,999
up €7,999, from -€7,279 to €719
- Other debts +€7,161
up €7,161 (+33.1%), from €21,606 to €28,766
- Tax, wage and social debts -€3,346
down €3,346 (-55.1%), from €6,073 to €2,727
of which Remuneration and social security: -€2,204
- Gross operating margin +€9,261
up €9,261 (+173.9%), from €5,326 to €14,586
- Other operating charges -€1,842
down €1,842 (-50.5%), from €3,648 to €1,805
- Staff costs +€1,750
new in 2023: €1,750
- Depreciation +€325
up €325 (+19.0%), from €1,716 to €2,041
- Taxes +€309
up €309 (+107.2%), from €288 to €597
From the 2022 result to the 2023 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.
Cash bridge derived
Derived from the 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €74,230 | €126,048 | +€51,818 | +69.8% |
| Fixed assets | 21/28 | €6,373 | €4,973 | -€1,400 | -22.0% |
| Tangible fixed assets | 22/27 | €3,818 | €2,418 | -€1,400 | -36.7% |
| Plant, machinery and equipment | 23 | €2,300 | €1,733 | -€567 | -24.6% |
| Furniture and vehicles | 24 | €1,518 | €685 | -€833 | -54.9% |
| Financial fixed assets | 28 | €2,555 | €2,555 | = | 0.0% |
| Current assets | 29/58 | €67,857 | €121,075 | +€53,219 | +78.4% |
| Stocks and contracts in progress | 3 | €28,950 | €37,190 | +€8,240 | +28.5% |
| Stocks | 30/36 | €28,950 | €37,190 | +€8,240 | +28.5% |
| Amounts receivable within one year | 40/41 | €28,359 | €59,523 | +€31,164 | +109.9% |
| Trade receivables | 40 | €20,848 | €47,420 | +€26,572 | +127.5% |
| Other amounts receivable | 41 | €7,511 | €12,103 | +€4,592 | +61.1% |
| Cash at bank and in hand | 54/58 | €10,548 | €21,627 | +€11,079 | +105.0% |
| Deferred charges and accrued income | 490/1 | - | €2,736 | +€2,736 | |
| Total equity and liabilities | 10/49 | €74,230 | €126,048 | +€51,818 | +69.8% |
| Equity | 10/15 | €13,131 | €21,129 | +€7,999 | +60.9% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€7,279 | €719 | +€7,999 | |
| Amounts payable | 17/49 | €61,099 | €104,919 | +€43,820 | +71.7% |
| Amounts payable within one year | 42/48 | €61,099 | €104,919 | +€43,820 | +71.7% |
| Trade debts | 44 | €33,420 | €16,386 | -€17,034 | -51.0% |
| Suppliers | 440/4 | €33,420 | €16,386 | -€17,034 | -51.0% |
| Advances received on contracts in progress | 46 | - | €57,040 | +€57,040 | |
| Taxes, remuneration and social security | 45 | €6,073 | €2,727 | -€3,346 | -55.1% |
| Taxes | 450/3 | €2,469 | €1,327 | -€1,142 | -46.3% |
| Remuneration and social security | 454/9 | €3,604 | €1,400 | -€2,204 | -61.2% |
| Other amounts payable | 47/48 | €21,606 | €28,766 | +€7,161 | +33.1% |
| Remuneration, social security and pensions | 62 | - | €1,750 | +€1,750 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,716 | €2,041 | +€325 | +19.0% |
| Other operating charges | 640/8 | €3,648 | €1,805 | -€1,842 | -50.5% |
| Gross operating margin | 9900 | €5,326 | €14,586 | +€9,261 | +173.9% |
| Operating profit (loss) | 9901 | -€37 | €8,991 | +€9,028 | |
| Financial charges | 65/66B | €252 | €395 | +€143 | +56.5% |
| Recurring financial charges | 65 | €252 | €395 | +€143 | +56.5% |
| Profit (loss) for the period before taxes | 9903 | -€290 | €8,596 | +€8,886 | |
| Income taxes | 67/77 | €288 | €597 | +€309 | +107.2% |
| Profit (loss) for the period | 9904 | -€578 | €7,999 | +€8,577 | |
| Profit (loss) for the period to be appropriated | 9905 | -€578 | €7,999 | +€8,577 |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.