BATI - FRERES: 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 - FRERES
Largest movements
- Cash -€140,791
down €140,791 (-44.2%), from €318,845 to €178,054
mainly Net result for the year (-€70,974) and Investment in fixed assets (net) (-€66,423)
- Tangible fixed assets +€62,043
up €62,043 (+64.4%), from €96,386 to €158,429
of which Other tangible fixed assets: +€60,000
- Receivables within one year +€18,445
up €18,445 (+54.5%), from €33,866 to €52,311
of which Other amounts receivable: +€22,950
- Profit (loss) carried forward -€70,974
down €70,974 (-34.9%), from €203,443 to €132,469
- Short-term financial debts +€25,001
up €25,001 (+21.7%), from €115,332 to €140,333
- Trade debts +€13,300
up €13,300 (+150%), from €8,838 to €22,138
- Other debts -€12,442
no longer reported in 2023 (was €12,442)
- Advances received -€9,800
down €9,800 (-41.2%), from €23,800 to €14,000
- Turnover -€523,919
down €523,919 (-76.2%), from €687,419 to €163,500
- Purchases and services -€338,010
down €338,010 (-51.9%), from €650,855 to €312,845
- Gross operating margin -€94,312
down €94,312, from €45,228 to -€49,084
- Staff costs -€12,215
no longer reported in 2023 (was €12,215)
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 | €449,434 | €389,131 | -€60,303 | -13.4% |
| Fixed assets | 21/28 | €96,723 | €158,766 | +€62,043 | +64.1% |
| Tangible fixed assets | 22/27 | €96,386 | €158,429 | +€62,043 | +64.4% |
| Land and buildings | 22 | €94,000 | €91,333 | -€2,667 | -2.8% |
| Plant, machinery and equipment | 23 | €1,562 | €967 | -€595 | -38.1% |
| Furniture and vehicles | 24 | €824 | €6,129 | +€5,305 | +644% |
| Other tangible fixed assets | 26 | - | €60,000 | +€60,000 | |
| Financial fixed assets | 28 | €338 | €338 | = | 0.0% |
| Current assets | 29/58 | €352,711 | €230,365 | -€122,346 | -34.7% |
| Amounts receivable within one year | 40/41 | €33,866 | €52,311 | +€18,445 | +54.5% |
| Trade receivables | 40 | €19,361 | €14,856 | -€4,505 | -23.3% |
| Other amounts receivable | 41 | €14,505 | €37,455 | +€22,950 | +158% |
| Cash at bank and in hand | 54/58 | €318,845 | €178,054 | -€140,791 | -44.2% |
| Total equity and liabilities | 10/49 | €449,434 | €389,131 | -€60,303 | -13.4% |
| Equity | 10/15 | €282,644 | €211,670 | -€70,974 | -25.1% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Capital | 10 | €18,592 | €18,592 | = | 0.0% |
| Issued capital | 100 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €60,609 | €60,609 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Legal reserve | 130 | €1,859 | €1,859 | = | 0.0% |
| Tax-exempt reserves | 132 | €28,750 | €28,750 | = | 0.0% |
| Distributable reserves | 133 | €30,000 | €30,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €203,443 | €132,469 | -€70,974 | -34.9% |
| Amounts payable | 17/49 | €166,790 | €177,461 | +€10,671 | +6.4% |
| Amounts payable within one year | 42/48 | €166,790 | €177,461 | +€10,671 | +6.4% |
| Financial debts | 43 | €115,332 | €140,333 | +€25,001 | +21.7% |
| Credit institutions | 430/8 | €115,332 | €140,333 | +€25,001 | +21.7% |
| Trade debts | 44 | €8,838 | €22,138 | +€13,300 | +150% |
| Suppliers | 440/4 | €8,838 | €22,138 | +€13,300 | +150% |
| Advances received on contracts in progress | 46 | €23,800 | €14,000 | -€9,800 | -41.2% |
| Taxes, remuneration and social security | 45 | €6,377 | €990 | -€5,387 | -84.5% |
| Taxes | 450/3 | €6,377 | €990 | -€5,387 | -84.5% |
| Other amounts payable | 47/48 | €12,442 | - | -€12,442 | |
| Turnover | 70 | €687,419 | €163,500 | -€523,919 | -76.2% |
| Goods, raw materials, services and sundry goods | 60/61 | €650,855 | €312,845 | -€338,010 | -51.9% |
| Remuneration, social security and pensions | 62 | €12,215 | - | -€12,215 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,825 | €4,380 | +€555 | +14.5% |
| Other operating charges | 640/8 | €7,971 | €5,129 | -€2,841 | -35.6% |
| Gross operating margin | 9900 | €45,228 | -€49,084 | -€94,312 | |
| Operating profit (loss) | 9901 | €21,216 | -€58,594 | -€79,810 | |
| Financial income | 75/76B | €18 | €31 | +€13 | +70.1% |
| Recurring financial income | 75 | €18 | €31 | +€13 | +70.1% |
| Financial charges | 65/66B | €9,581 | €12,070 | +€2,489 | +26.0% |
| Recurring financial charges | 65 | €9,581 | €12,070 | +€2,489 | +26.0% |
| Profit (loss) for the period before taxes | 9903 | €11,654 | -€70,632 | -€82,286 | |
| Income taxes | 67/77 | €5,974 | €342 | -€5,632 | -94.3% |
| Profit (loss) for the period | 9904 | €5,680 | -€70,974 | -€76,653 | |
| Profit (loss) for the period to be appropriated | 9905 | €5,680 | -€70,974 | -€76,653 |
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 21 October 2026 via checked.be.