BATI PROGRESS: 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 PROGRESS
Largest movements
- Receivables within one year +€83,554
up €83,554 (+280%), from €29,823 to €113,377
of which Trade receivables: +€84,009
- Tangible fixed assets +€1,238
new in 2024: €1,238
- Trade debts +€32,960
up €32,960 (+258%), from €12,760 to €45,720
- Profit (loss) carried forward +€19,674
up €19,674 (+216%), from €9,107 to €28,781
- Accrued charges and deferred income +€12,500
new in 2024: €12,500
- Other debts +€10,328
up €10,328 (+183%), from €5,655 to €15,983
- Tax, wage and social debts +€9,674
up €9,674 (+414%), from €2,335 to €12,008
of which Taxes: +€8,445
- Gross operating margin +€21,645
up €21,645 (+180%), from €12,018 to €33,663
- Write-downs +€5,000
new in 2024: €5,000
- Taxes +€3,133
up €3,133 (+134%), from €2,335 to €5,467
- Other operating charges +€1,807
up €1,807 (+779%), from €232 to €2,039
- Depreciation +€1,262
new in 2024: €1,262
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 | €31,857 | €116,993 | +€85,136 | +267% |
| Fixed assets | 21/28 | - | €1,238 | +€1,238 | |
| Tangible fixed assets | 22/27 | - | €1,238 | +€1,238 | |
| Furniture and vehicles | 24 | - | €1,238 | +€1,238 | |
| Current assets | 29/58 | €31,857 | €115,755 | +€83,899 | +263% |
| Amounts receivable within one year | 40/41 | €29,823 | €113,377 | +€83,554 | +280% |
| Trade receivables | 40 | €25,868 | €109,877 | +€84,009 | +325% |
| Other amounts receivable | 41 | €3,955 | €3,500 | -€455 | -11.5% |
| Cash at bank and in hand | 54/58 | €431 | €1,127 | +€696 | +161% |
| Deferred charges and accrued income | 490/1 | €1,602 | €1,251 | -€351 | -21.9% |
| Total equity and liabilities | 10/49 | €31,857 | €116,993 | +€85,136 | +267% |
| Equity | 10/15 | €11,107 | €30,781 | +€19,674 | +177% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €9,107 | €28,781 | +€19,674 | +216% |
| Amounts payable | 17/49 | €20,750 | €86,212 | +€65,462 | +315% |
| Amounts payable within one year | 42/48 | €20,750 | €73,712 | +€52,962 | +255% |
| Trade debts | 44 | €12,760 | €45,720 | +€32,960 | +258% |
| Suppliers | 440/4 | €12,760 | €45,720 | +€32,960 | +258% |
| Taxes, remuneration and social security | 45 | €2,335 | €12,008 | +€9,674 | +414% |
| Taxes | 450/3 | €2,335 | €10,780 | +€8,445 | +362% |
| Remuneration and social security | 454/9 | - | €1,229 | +€1,229 | |
| Other amounts payable | 47/48 | €5,655 | €15,983 | +€10,328 | +183% |
| Accrued charges and deferred income | 492/3 | - | €12,500 | +€12,500 | |
| Remuneration, social security and pensions | 62 | €6 | - | -€6 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €1,262 | +€1,262 | |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €5,000 | +€5,000 | |
| Other operating charges | 640/8 | €232 | €2,039 | +€1,807 | +779% |
| Non-recurring operating charges | 66A | €339 | - | -€339 | |
| Gross operating margin | 9900 | €12,018 | €33,663 | +€21,645 | +180% |
| Operating profit (loss) | 9901 | €11,441 | €25,362 | +€13,921 | +122% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Non-recurring financial income | 76B | €1 | - | -€1 | |
| Financial charges | 65/66B | - | €220 | +€220 | |
| Recurring financial charges | 65 | - | €220 | +€220 | |
| Profit (loss) for the period before taxes | 9903 | €11,441 | €25,142 | +€13,700 | +120% |
| Income taxes | 67/77 | €2,335 | €5,467 | +€3,133 | +134% |
| Profit (loss) for the period | 9904 | €9,107 | €19,674 | +€10,568 | +116% |
| Profit (loss) for the period to be appropriated | 9905 | €9,107 | €19,674 | +€10,568 | +116% |
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 18 October 2026 via checked.be.