BATI EXPRESS: 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.
BATI EXPRESS
Largest movements
- Receivables within one year +€35,337
up €35,337 (+328.8%), from €10,747 to €46,084
of which Trade receivables: +€38,783
- Cash -€3,185
down €3,185 (-20.7%), from €15,357 to €12,172
mainly Receivables within one year (-€35,337) and Other debts (-€13,278)
- Tangible fixed assets -€2,063
down €2,063 (-34.6%), from €5,960 to €3,898
- Trade debts +€38,941
up €38,941 (+1358.6%), from €2,866 to €41,807
- Other debts -€13,278
no longer reported in 2023 (was €13,278)
- Tax, wage and social debts +€2,842
up €2,842 (+103.4%), from €2,750 to €5,592
- Profit (loss) carried forward +€1,584
up €1,584 (+12.0%), from €13,169 to €14,752
- Other operating charges +€6,224
new in 2023: €6,224
- Gross operating margin -€2,446
down €2,446 (-15.9%), from €15,395 to €12,949
- Depreciation -€228
down €228 (-9.9%), from €2,290 to €2,063
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.
Cash bridge derived
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 | €32,064 | €62,153 | +€30,089 | +93.8% |
| Fixed assets | 21/28 | €5,960 | €3,898 | -€2,063 | -34.6% |
| Tangible fixed assets | 22/27 | €5,960 | €3,898 | -€2,063 | -34.6% |
| Furniture and vehicles | 24 | €5,960 | €3,898 | -€2,063 | -34.6% |
| Current assets | 29/58 | €26,104 | €58,255 | +€32,151 | +123.2% |
| Amounts receivable within one year | 40/41 | €10,747 | €46,084 | +€35,337 | +328.8% |
| Trade receivables | 40 | €2,307 | €41,090 | +€38,783 | +1681.0% |
| Other amounts receivable | 41 | €8,440 | €4,993 | -€3,446 | -40.8% |
| Cash at bank and in hand | 54/58 | €15,357 | €12,172 | -€3,185 | -20.7% |
| Total equity and liabilities | 10/49 | €32,064 | €62,153 | +€30,089 | +93.8% |
| Equity | 10/15 | €13,170 | €14,753 | +€1,584 | +12.0% |
| Contributions | 10/11 | €1 | €1 | = | 0.0% |
| Capital | 10 | - | €1 | +€1 | |
| Issued capital | 100 | - | €1 | +€1 | |
| Contributions outside capital | 11 | €1 | - | -€1 | |
| Other | 1109/19 | €1 | - | -€1 | |
| Profit (loss) carried forward | 14 | €13,169 | €14,752 | +€1,584 | +12.0% |
| Amounts payable | 17/49 | €18,894 | €47,399 | +€28,505 | +150.9% |
| Amounts payable within one year | 42/48 | €18,894 | €47,399 | +€28,505 | +150.9% |
| Trade debts | 44 | €2,866 | €41,807 | +€38,941 | +1358.6% |
| Suppliers | 440/4 | €2,866 | €41,807 | +€38,941 | +1358.6% |
| Taxes, remuneration and social security | 45 | €2,750 | €5,592 | +€2,842 | +103.4% |
| Taxes | 450/3 | €2,750 | €5,592 | +€2,842 | +103.4% |
| Other amounts payable | 47/48 | €13,278 | - | -€13,278 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,290 | €2,063 | -€228 | -9.9% |
| Other operating charges | 640/8 | - | €6,224 | +€6,224 | |
| Non-recurring operating charges | 66A | - | €0 | +€0 | |
| Gross operating margin | 9900 | €15,395 | €12,949 | -€2,446 | -15.9% |
| Operating profit (loss) | 9901 | €13,105 | €4,662 | -€8,443 | -64.4% |
| Financial charges | 65/66B | €245 | €236 | -€10 | -4.0% |
| Recurring financial charges | 65 | €245 | €236 | -€10 | -4.0% |
| Profit (loss) for the period before taxes | 9903 | €12,860 | €4,426 | -€8,433 | -65.6% |
| Income taxes | 67/77 | €2,750 | €2,842 | +€92 | +3.4% |
| Profit (loss) for the period | 9904 | €10,110 | €1,584 | -€8,526 | -84.3% |
| Profit (loss) for the period to be appropriated | 9905 | €10,110 | €1,584 | -€8,526 | -84.3% |
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 12 October 2026 via checked.be.