BAT-TOIT: 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.
BAT-TOIT
Largest movements
- Cash -€2,412
down €2,412 (-40.1%), from €6,016 to €3,604
mainly Net result for the year (-€48,559) and Other debts (-€39,899)
- Receivables within one year +€1,923
up €1,923 (+1.8%), from €105,820 to €107,743
of which Trade receivables: +€14,974
- Other debts -€39,899
down €39,899 (-51.2%), from €77,881 to €37,982
- Current portion of long-term debt +€32,078
new in 2024: €32,078
- Trade debts +€9,592
up €9,592 (+67.0%), from €14,312 to €23,904
- Tax, wage and social debts -€2,261
no longer reported in 2024 (was €2,261)
- Turnover -€87,767
down €87,767 (-72.3%), from €121,447 to €33,680
- Purchases and services -€55,160
down €55,160 (-43.5%), from €126,937 to €71,777
- Gross operating margin -€32,607
down €32,607 (-594%), from -€5,490 to -€38,097
- Staff costs +€7,639
up €7,639 (+460%), from €1,660 to €9,299
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 | €113,196 | €112,707 | -€489 | -0.4% |
| Fixed assets | 21/28 | €1,360 | €1,360 | = | 0.0% |
| Financial fixed assets | 28 | €1,360 | €1,360 | = | 0.0% |
| Current assets | 29/58 | €111,836 | €111,347 | -€489 | -0.4% |
| Amounts receivable within one year | 40/41 | €105,820 | €107,743 | +€1,923 | +1.8% |
| Trade receivables | 40 | €87,135 | €102,109 | +€14,974 | +17.2% |
| Other amounts receivable | 41 | €18,685 | €5,634 | -€13,051 | -69.8% |
| Cash at bank and in hand | 54/58 | €6,016 | €3,604 | -€2,412 | -40.1% |
| Total equity and liabilities | 10/49 | €113,196 | €112,707 | -€489 | -0.4% |
| Equity | 10/15 | €18,743 | €18,743 | = | 0.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €143 | €143 | = | 0.0% |
| Non-distributable reserves | 130/1 | €143 | €143 | = | 0.0% |
| Reserves not available under the articles | 1311 | €143 | €143 | = | 0.0% |
| Amounts payable | 17/49 | €94,453 | €93,964 | -€489 | -0.5% |
| Amounts payable within one year | 42/48 | €94,453 | €93,964 | -€489 | -0.5% |
| Current portion of amounts payable after more than one year | 42 | - | €32,078 | +€32,078 | |
| Trade debts | 44 | €14,312 | €23,904 | +€9,592 | +67.0% |
| Suppliers | 440/4 | €14,312 | €23,904 | +€9,592 | +67.0% |
| Taxes, remuneration and social security | 45 | €2,261 | - | -€2,261 | |
| Taxes | 450/3 | €2,261 | - | -€2,261 | |
| Other amounts payable | 47/48 | €77,881 | €37,982 | -€39,899 | -51.2% |
| Turnover | 70 | €121,447 | €33,680 | -€87,767 | -72.3% |
| Goods, raw materials, services and sundry goods | 60/61 | €126,937 | €71,777 | -€55,160 | -43.5% |
| Remuneration, social security and pensions | 62 | €1,660 | €9,299 | +€7,639 | +460% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €685 | - | -€685 | |
| Other operating charges | 640/8 | €1,042 | €875 | -€167 | -16.0% |
| Gross operating margin | 9900 | -€5,490 | -€38,097 | -€32,607 | -594% |
| Operating profit (loss) | 9901 | -€8,878 | -€48,271 | -€39,393 | -444% |
| Financial income | 75/76B | €2 | €62 | +€60 | +3,129% |
| Recurring financial income | 75 | €2 | €62 | +€60 | +3,129% |
| Financial charges | 65/66B | €461 | €350 | -€111 | -24.0% |
| Recurring financial charges | 65 | €461 | €350 | -€111 | -24.0% |
| Profit (loss) for the period before taxes | 9903 | -€9,336 | -€48,559 | -€39,223 | -420% |
| Profit (loss) for the period | 9904 | -€9,336 | -€48,559 | -€39,223 | -420% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,336 | -€48,559 | -€39,223 | -420% |
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 17 October 2026 via checked.be.