Batavia Group: 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.
Batavia Group
Largest movements
- Tangible fixed assets -€15,337
down €15,337 (-13.2%), from €116,106 to €100,769
of which Land and buildings: -€8,130
- Deferred charges and accrued income +€5,931
new in 2024: €5,931
- Intangible fixed assets -€3,787
down €3,787 (-24.8%), from €15,246 to €11,458
- Receivables within one year +€2,540
up €2,540 (+16.1%), from €15,781 to €18,322
of which Other amounts receivable: +€11,903
- Profit (loss) carried forward +€62,577
up €62,577 (+68.8%), from -€90,967 to -€28,389
- Other debts -€36,908
down €36,908 (-35.7%), from €103,347 to €66,439
- Debts after one year -€15,805
down €15,805 (-29.3%), from €53,889 to €38,085
- Provisions -€14,313
down €14,313 (-100%), from €14,313 to €0
- Tax, wage and social debts -€9,046
down €9,046 (-36.4%), from €24,842 to €15,796
of which Remuneration and social security: -€9,857
- Gross operating margin +€52,450
up €52,450 (+51.0%), from €102,916 to €155,366
- Staff costs -€29,759
down €29,759 (-27.2%), from €109,548 to €79,789
- Financial income +€14,831
up €14,831 (+32,241%), from €46 to €14,877
of which Non-recurring financial income: +€14,313
- Other operating charges -€4,242
down €4,242 (-87.0%), from €4,874 to €633
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 | €167,282 | €155,637 | -€11,644 | -7.0% |
| Formation expenses | 20 | €520 | €319 | -€201 | -38.7% |
| Fixed assets | 21/28 | €132,911 | €113,787 | -€19,124 | -14.4% |
| Intangible fixed assets | 21 | €15,246 | €11,458 | -€3,787 | -24.8% |
| Tangible fixed assets | 22/27 | €116,106 | €100,769 | -€15,337 | -13.2% |
| Land and buildings | 22 | €67,712 | €59,582 | -€8,130 | -12.0% |
| Plant, machinery and equipment | 23 | €37,924 | €32,619 | -€5,305 | -14.0% |
| Furniture and vehicles | 24 | €10,471 | €8,569 | -€1,902 | -18.2% |
| Financial fixed assets | 28 | €1,560 | €1,560 | = | 0.0% |
| Current assets | 29/58 | €33,850 | €41,531 | +€7,681 | +22.7% |
| Stocks and contracts in progress | 3 | €2,214 | €1,031 | -€1,182 | -53.4% |
| Stocks | 30/36 | €2,214 | €1,031 | -€1,182 | -53.4% |
| Amounts receivable within one year | 40/41 | €15,781 | €18,322 | +€2,540 | +16.1% |
| Trade receivables | 40 | €14,152 | €4,790 | -€9,362 | -66.2% |
| Other amounts receivable | 41 | €1,629 | €13,532 | +€11,903 | +731% |
| Cash at bank and in hand | 54/58 | €15,856 | €16,248 | +€392 | +2.5% |
| Deferred charges and accrued income | 490/1 | - | €5,931 | +€5,931 | |
| Total equity and liabilities | 10/49 | €167,282 | €155,637 | -€11,644 | -7.0% |
| Equity | 10/15 | -€88,467 | -€25,889 | +€62,577 | +70.7% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Capital | 10 | €2,500 | - | -€2,500 | |
| Issued capital | 100 | €2,500 | - | -€2,500 | |
| Profit (loss) carried forward | 14 | -€90,967 | -€28,389 | +€62,577 | +68.8% |
| Provisions and deferred taxes | 16 | €14,313 | €0 | -€14,313 | -100% |
| Provisions for liabilities and charges | 160/5 | €14,313 | €0 | -€14,313 | -100% |
| Other liabilities and charges | 164/5 | €14,313 | €0 | -€14,313 | -100% |
| Amounts payable | 17/49 | €241,435 | €181,527 | -€59,909 | -24.8% |
| Amounts payable after more than one year | 17 | €53,889 | €38,085 | -€15,805 | -29.3% |
| Financial debts | 170/4 | €53,889 | €38,085 | -€15,805 | -29.3% |
| Amounts payable within one year | 42/48 | €186,833 | €143,442 | -€43,391 | -23.2% |
| Current portion of amounts payable after more than one year | 42 | €14,184 | €19,942 | +€5,757 | +40.6% |
| Trade debts | 44 | €44,460 | €41,265 | -€3,194 | -7.2% |
| Suppliers | 440/4 | €44,460 | €41,265 | -€3,194 | -7.2% |
| Taxes, remuneration and social security | 45 | €24,842 | €15,796 | -€9,046 | -36.4% |
| Taxes | 450/3 | €10,543 | €11,354 | +€811 | +7.7% |
| Remuneration and social security | 454/9 | €14,299 | €4,442 | -€9,857 | -68.9% |
| Other amounts payable | 47/48 | €103,347 | €66,439 | -€36,908 | -35.7% |
| Accrued charges and deferred income | 492/3 | €712 | - | -€712 | |
| Remuneration, social security and pensions | 62 | €109,548 | €79,789 | -€29,759 | -27.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,203 | €19,325 | +€122 | +0.6% |
| Other operating charges | 640/8 | €4,874 | €633 | -€4,242 | -87.0% |
| Gross operating margin | 9900 | €102,916 | €155,366 | +€52,450 | +51.0% |
| Operating profit (loss) | 9901 | -€30,709 | €55,619 | +€86,328 | |
| Financial income | 75/76B | €46 | €14,877 | +€14,831 | +32,241% |
| Recurring financial income | 75 | €46 | €564 | +€518 | +1,126% |
| Non-recurring financial income | 76B | - | €14,313 | +€14,313 | |
| Financial charges | 65/66B | €6,403 | €7,919 | +€1,516 | +23.7% |
| Recurring financial charges | 65 | €6,403 | €7,919 | +€1,516 | +23.7% |
| Profit (loss) for the period before taxes | 9903 | -€37,066 | €62,577 | +€99,644 | |
| Profit (loss) for the period | 9904 | -€37,066 | €62,577 | +€99,644 | |
| Profit (loss) for the period to be appropriated | 9905 | -€37,066 | €62,577 | +€99,644 |
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.