BATE: 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.
BATE
Largest movements
- Cash +€11,727
up €11,727 (+781%), from €1,501 to €13,228
mainly Trade debts (+€119,943) and Depreciation (+€19,257)
- Stocks and contracts +€10,095
up €10,095 (+18.0%), from €56,052 to €66,147
- Receivables within one year +€9,311
up €9,311 (+4.4%), from €212,339 to €221,650
of which Other amounts receivable: +€80,886
- Tangible fixed assets -€7,257
down €7,257 (-3.9%), from €184,552 to €177,295
of which Land and buildings: -€6,007
- Trade debts +€119,943
up €119,943 (+164%), from €73,087 to €193,030
- Tax, wage and social debts -€51,365
down €51,365 (-89.3%), from €57,515 to €6,150
- Profit (loss) carried forward -€38,532
down €38,532 (-3,214%), from -€1,199 to -€39,731
- Debts after one year -€13,468
no longer reported in 2023 (was €13,468)
- Current portion of long-term debt +€6,906
up €6,906 (+43.9%), from €15,730 to €22,636
- Gross operating margin -€43,142
down €43,142 (-80.7%), from €53,492 to €10,350
- Other operating charges -€6,822
down €6,822 (-18.8%), from €36,331 to €29,509
- Depreciation +€5,129
up €5,129 (+36.3%), from €14,128 to €19,257
- Financial income +€3,481
new in 2023: €3,481
of which Financial income: +€3,481
- Financial charges -€717
down €717 (-16.9%), from €4,232 to €3,515
of which Non-recurring financial charges: -€777
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.
Derived cash bridge
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 | €455,522 | €479,687 | +€24,165 | +5.3% |
| Fixed assets | 21/28 | €185,552 | €178,295 | -€7,257 | -3.9% |
| Tangible fixed assets | 22/27 | €184,552 | €177,295 | -€7,257 | -3.9% |
| Land and buildings | 22 | €141,562 | €135,555 | -€6,007 | -4.2% |
| Furniture and vehicles | 24 | €42,990 | €41,740 | -€1,250 | -2.9% |
| Financial fixed assets | 28 | €1,000 | €1,000 | = | 0.0% |
| Current assets | 29/58 | €269,970 | €301,392 | +€31,422 | +11.6% |
| Stocks and contracts in progress | 3 | €56,052 | €66,147 | +€10,095 | +18.0% |
| Stocks | 30/36 | €56,052 | €66,147 | +€10,095 | +18.0% |
| Amounts receivable within one year | 40/41 | €212,339 | €221,650 | +€9,311 | +4.4% |
| Trade receivables | 40 | €160,696 | €89,121 | -€71,575 | -44.5% |
| Other amounts receivable | 41 | €51,643 | €132,529 | +€80,886 | +157% |
| Cash at bank and in hand | 54/58 | €1,501 | €13,228 | +€11,727 | +781% |
| Deferred charges and accrued income | 490/1 | €78 | €367 | +€289 | +371% |
| Total equity and liabilities | 10/49 | €455,522 | €479,687 | +€24,165 | +5.3% |
| Equity | 10/15 | €295,722 | €257,190 | -€38,532 | -13.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €290,721 | €290,721 | = | 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% |
| Distributable reserves | 133 | €288,861 | €288,861 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,199 | -€39,731 | -€38,532 | -3,214% |
| Amounts payable | 17/49 | €159,800 | €222,497 | +€62,697 | +39.2% |
| Amounts payable after more than one year | 17 | €13,468 | - | -€13,468 | |
| Financial debts | 170/4 | €13,468 | - | -€13,468 | |
| Amounts payable within one year | 42/48 | €146,332 | €221,816 | +€75,484 | +51.6% |
| Current portion of amounts payable after more than one year | 42 | €15,730 | €22,636 | +€6,906 | +43.9% |
| Trade debts | 44 | €73,087 | €193,030 | +€119,943 | +164% |
| Suppliers | 440/4 | €73,087 | €193,030 | +€119,943 | +164% |
| Taxes, remuneration and social security | 45 | €57,515 | €6,150 | -€51,365 | -89.3% |
| Taxes | 450/3 | €57,515 | €6,150 | -€51,365 | -89.3% |
| Accrued charges and deferred income | 492/3 | - | €681 | +€681 | |
| Non-recurring operating income | 76A | €7,270 | €7,500 | +€230 | +3.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,128 | €19,257 | +€5,129 | +36.3% |
| Other operating charges | 640/8 | €36,331 | €29,509 | -€6,822 | -18.8% |
| Gross operating margin | 9900 | €53,492 | €10,350 | -€43,142 | -80.7% |
| Operating profit (loss) | 9901 | €3,033 | -€38,416 | -€41,449 | |
| Financial income | 75/76B | - | €3,481 | +€3,481 | |
| Recurring financial income | 75 | - | €3,481 | +€3,481 | |
| Non-recurring financial income | 76B | - | €3,481 | +€3,481 | |
| Financial charges | 65/66B | €4,232 | €3,515 | -€717 | -16.9% |
| Recurring financial charges | 65 | €3,455 | €3,515 | +€60 | +1.7% |
| Non-recurring financial charges | 66B | €777 | - | -€777 | |
| Profit (loss) for the period before taxes | 9903 | -€1,199 | -€38,450 | -€37,251 | -3,107% |
| Income taxes | 67/77 | - | €82 | +€82 | |
| Profit (loss) for the period | 9904 | -€1,199 | -€38,532 | -€37,333 | -3,114% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,199 | -€38,532 | -€37,333 | -3,114% |
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 22 October 2026 via checked.be.