BATES: what changed
Two fiscal 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.
BATES
Largest movements
- Cash -€26,409
down €26,409 (-82.6%), from €31,971 to €5,562
mainly Tax, wage and social debts (-€8,613) and Contributions, distributions and other (-€8,118)
- Receivables within one year +€5,776
up €5,776 (+10.0%), from €57,985 to €63,761
of which Other amounts receivable: +€4,099
- Tangible fixed assets +€2,705
up €2,705 (+19.7%), from €13,739 to €16,444
of which Other tangible fixed assets: +€3,799
- Reserves -€10,786
down €10,786 (-15.3%), from €70,521 to €59,735
- Tax, wage and social debts -€8,613
down €8,613 (-32.1%), from €26,850 to €18,237
of which Taxes: -€8,613
- Current portion of long-term debt +€2,939
new in 2024: €2,939
- Other debts -€1,364
down €1,364 (-66.5%), from €2,052 to €688
- Gross operating margin -€13,046
down €13,046 (-72.9%), from €17,893 to €4,846
- Taxes -€2,763
down €2,763 (-75.4%), from €3,664 to €901
- Depreciation +€1,071
up €1,071 (+56.4%), from €1,899 to €2,970
- Other operating charges -€534
down €534 (-33.9%), from €1,575 to €1,041
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.
Cash bridge derived
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 | €103,695 | €85,766 | -€17,929 | -17.3% |
| Fixed assets | 21/28 | €13,739 | €16,444 | +€2,705 | +19.7% |
| Tangible fixed assets | 22/27 | €13,739 | €16,444 | +€2,705 | +19.7% |
| Plant, machinery and equipment | 23 | €4,684 | €3,590 | -€1,094 | -23.4% |
| Other tangible fixed assets | 26 | €9,056 | €12,854 | +€3,799 | +41.9% |
| Current assets | 29/58 | €89,956 | €69,322 | -€20,634 | -22.9% |
| Amounts receivable within one year | 40/41 | €57,985 | €63,761 | +€5,776 | +10.0% |
| Trade receivables | 40 | €57,985 | €59,662 | +€1,677 | +2.9% |
| Other amounts receivable | 41 | - | €4,099 | +€4,099 | |
| Cash at bank and in hand | 54/58 | €31,971 | €5,562 | -€26,409 | -82.6% |
| Total equity and liabilities | 10/49 | €103,695 | €85,766 | -€17,929 | -17.3% |
| Equity | 10/15 | €72,521 | €61,735 | -€10,786 | -14.9% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €70,521 | €59,735 | -€10,786 | -15.3% |
| Distributable reserves | 133 | €70,521 | €59,735 | -€10,786 | -15.3% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €31,175 | €24,032 | -€7,143 | -22.9% |
| Amounts payable within one year | 42/48 | €31,175 | €23,914 | -€7,261 | -23.3% |
| Current portion of amounts payable after more than one year | 42 | - | €2,939 | +€2,939 | |
| Trade debts | 44 | €2,273 | €2,049 | -€224 | -9.8% |
| Suppliers | 440/4 | €2,273 | €2,049 | -€224 | -9.8% |
| Taxes, remuneration and social security | 45 | €26,850 | €18,237 | -€8,613 | -32.1% |
| Taxes | 450/3 | €24,650 | €16,037 | -€8,613 | -34.9% |
| Remuneration and social security | 454/9 | €2,200 | €2,200 | = | 0.0% |
| Other amounts payable | 47/48 | €2,052 | €688 | -€1,364 | -66.5% |
| Accrued charges and deferred income | 492/3 | - | €118 | +€118 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,899 | €2,970 | +€1,071 | +56.4% |
| Other operating charges | 640/8 | €1,575 | €1,041 | -€534 | -33.9% |
| Gross operating margin | 9900 | €17,893 | €4,846 | -€13,046 | -72.9% |
| Operating profit (loss) | 9901 | €14,419 | €835 | -€13,584 | -94.2% |
| Financial income | 75/76B | €183 | €142 | -€41 | -22.5% |
| Recurring financial income | 75 | €183 | €142 | -€41 | -22.5% |
| Financial charges | 65/66B | €2,846 | €2,744 | -€102 | -3.6% |
| Recurring financial charges | 65 | €2,846 | €2,744 | -€102 | -3.6% |
| Profit (loss) for the period before taxes | 9903 | €11,755 | -€1,767 | -€13,523 | |
| Income taxes | 67/77 | €3,664 | €901 | -€2,763 | -75.4% |
| Profit (loss) for the period | 9904 | €8,092 | -€2,668 | -€10,760 | |
| Profit (loss) for the period to be appropriated | 9905 | €8,092 | -€2,668 | -€10,760 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.