BAG BATTER: 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.
BAG BATTER
Largest movements
- Receivables within one year +€27,428
up €27,428 (+171%), from €16,016 to €43,444
of which Trade receivables: +€30,900
- Tangible fixed assets -€23,628
down €23,628 (-24.3%), from €97,172 to €73,544
of which Furniture and vehicles: -€22,776
- Deferred charges and accrued income -€2,356
no longer reported in 2025 (was €2,356)
- Cash -€1,559
down €1,559 (-55.0%), from €2,833 to €1,275
mainly Receivables within one year (-€27,428) and Debts after one year (-€16,968)
- Debts after one year -€16,968
down €16,968 (-27.5%), from €61,667 to €44,699
- Trade debts +€14,215
up €14,215 (+1,106%), from €1,285 to €15,500
- Gross operating margin +€27,833
up €27,833 (+469%), from €5,931 to €33,764
- Depreciation +€4,153
up €4,153 (+20.0%), from €20,780 to €24,933
- Taxes +€1,755
new in 2025: €1,755
- Financial charges +€1,730
up €1,730 (+49.7%), from €3,484 to €5,215
- Other operating charges -€935
down €935 (-55.3%), from €1,690 to €755
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 | €119,079 | €118,963 | -€115 | -0.1% |
| Fixed assets | 21/28 | €97,872 | €74,244 | -€23,628 | -24.1% |
| Tangible fixed assets | 22/27 | €97,172 | €73,544 | -€23,628 | -24.3% |
| Plant, machinery and equipment | 23 | €2,922 | €2,071 | -€852 | -29.2% |
| Furniture and vehicles | 24 | €94,250 | €71,474 | -€22,776 | -24.2% |
| Financial fixed assets | 28 | €700 | €700 | = | 0.0% |
| Current assets | 29/58 | €21,206 | €44,719 | +€23,513 | +111% |
| Amounts receivable within one year | 40/41 | €16,016 | €43,444 | +€27,428 | +171% |
| Trade receivables | 40 | €11,971 | €42,871 | +€30,900 | +258% |
| Other amounts receivable | 41 | €4,046 | €574 | -€3,472 | -85.8% |
| Cash at bank and in hand | 54/58 | €2,833 | €1,275 | -€1,559 | -55.0% |
| Deferred charges and accrued income | 490/1 | €2,356 | - | -€2,356 | |
| Total equity and liabilities | 10/49 | €119,079 | €118,963 | -€115 | -0.1% |
| Equity | 10/15 | €36,904 | €38,017 | +€1,113 | +3.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €31,904 | €33,017 | +€1,113 | +3.5% |
| Amounts payable | 17/49 | €82,175 | €80,946 | -€1,229 | -1.5% |
| Amounts payable after more than one year | 17 | €61,667 | €44,699 | -€16,968 | -27.5% |
| Financial debts | 170/4 | €61,667 | €44,699 | -€16,968 | -27.5% |
| Amounts payable within one year | 42/48 | €20,507 | €36,247 | +€15,740 | +76.8% |
| Current portion of amounts payable after more than one year | 42 | €18,530 | €18,991 | +€462 | +2.5% |
| Trade debts | 44 | €1,285 | €15,500 | +€14,215 | +1,106% |
| Suppliers | 440/4 | €1,285 | €15,500 | +€14,215 | +1,106% |
| Taxes, remuneration and social security | 45 | €692 | €1,755 | +€1,063 | +154% |
| Taxes | 450/3 | €692 | €1,755 | +€1,063 | +154% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,780 | €24,933 | +€4,153 | +20.0% |
| Other operating charges | 640/8 | €1,690 | €755 | -€935 | -55.3% |
| Gross operating margin | 9900 | €5,931 | €33,764 | +€27,833 | +469% |
| Operating profit (loss) | 9901 | -€16,540 | €8,076 | +€24,615 | |
| Financial income | 75/76B | €15 | €7 | -€8 | -52.4% |
| Recurring financial income | 75 | €15 | €7 | -€8 | -52.4% |
| Financial charges | 65/66B | €3,484 | €5,215 | +€1,730 | +49.7% |
| Recurring financial charges | 65 | €3,484 | €5,215 | +€1,730 | +49.7% |
| Profit (loss) for the period before taxes | 9903 | -€20,009 | €2,868 | +€22,877 | |
| Income taxes | 67/77 | - | €1,755 | +€1,755 | |
| Profit (loss) for the period | 9904 | -€20,009 | €1,113 | +€21,122 | |
| Profit (loss) for the period to be appropriated | 9905 | -€20,009 | €1,113 | +€21,122 |
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 16 October 2026 via checked.be.