BATIBO: 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.
BATIBO
Largest movements
- Receivables within one year -€202,248
down €202,248 (-20.8%), from €971,391 to €769,143
of which Trade receivables: -€151,865
- Cash +€113,115
up €113,115 (+309.2%), from €36,585 to €149,700
mainly Other debts (+€284,797) and Receivables within one year (+€202,248)
- Other debts +€284,797
up €284,797 (+45.5%), from €625,965 to €910,761
- Tax, wage and social debts -€247,295
down €247,295 (-58.2%), from €424,573 to €177,278
of which Taxes: -€218,520
- Trade debts -€182,012
down €182,012 (-56.5%), from €322,049 to €140,038
- Profit (loss) carried forward +€51,553
up €51,553 (+12.4%), from -€415,714 to -€364,161
- Short-term financial debts +€14,529
new in 2024: €14,529
- Gross operating margin +€444,122
up €444,122 (+75.3%), from €589,681 to €1.0m
- Staff costs -€102,312
down €102,312 (-10.2%), from €1.0m to €900,812
- Financial charges -€68,309
down €68,309 (-88.6%), from €77,081 to €8,772
- Taxes -€31,032
down €31,032 (-96.9%), from €32,016 to €984
- Other operating charges +€14,430
up €14,430 (+278.8%), from €5,176 to €19,606
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 | €1,113,533 | €1,023,936 | -€89,597 | -8.0% |
| Fixed assets | 21/28 | €85,109 | €81,459 | -€3,650 | -4.3% |
| Tangible fixed assets | 22/27 | €62,609 | €53,959 | -€8,650 | -13.8% |
| Plant, machinery and equipment | 23 | €829 | - | -€829 | |
| Furniture and vehicles | 24 | €32,795 | €30,968 | -€1,827 | -5.6% |
| Other tangible fixed assets | 26 | €28,985 | €22,991 | -€5,994 | -20.7% |
| Financial fixed assets | 28 | €22,500 | €27,500 | +€5,000 | +22.2% |
| Current assets | 29/58 | €1,028,424 | €942,477 | -€85,947 | -8.4% |
| Stocks and contracts in progress | 3 | €20,000 | €20,000 | = | 0.0% |
| Stocks | 30/36 | €20,000 | €20,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €971,391 | €769,143 | -€202,248 | -20.8% |
| Trade receivables | 40 | €919,798 | €767,933 | -€151,865 | -16.5% |
| Other amounts receivable | 41 | €51,593 | €1,210 | -€50,383 | -97.7% |
| Cash at bank and in hand | 54/58 | €36,585 | €149,700 | +€113,115 | +309.2% |
| Deferred charges and accrued income | 490/1 | €448 | €3,634 | +€3,186 | +712.0% |
| Total equity and liabilities | 10/49 | €1,113,533 | €1,023,936 | -€89,597 | -8.0% |
| Equity | 10/15 | -€270,254 | -€218,701 | +€51,553 | +19.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €126,860 | €126,860 | = | 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 | €125,000 | €125,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€415,714 | -€364,161 | +€51,553 | +12.4% |
| Amounts payable | 17/49 | €1,383,787 | €1,242,637 | -€141,151 | -10.2% |
| Amounts payable within one year | 42/48 | €1,383,787 | €1,242,637 | -€141,151 | -10.2% |
| Current portion of amounts payable after more than one year | 42 | €11,200 | €30 | -€11,170 | -99.7% |
| Financial debts | 43 | - | €14,529 | +€14,529 | |
| Credit institutions | 430/8 | - | €14,529 | +€14,529 | |
| Trade debts | 44 | €322,049 | €140,038 | -€182,012 | -56.5% |
| Suppliers | 440/4 | €322,049 | €140,038 | -€182,012 | -56.5% |
| Taxes, remuneration and social security | 45 | €424,573 | €177,278 | -€247,295 | -58.2% |
| Taxes | 450/3 | €277,115 | €58,595 | -€218,520 | -78.9% |
| Remuneration and social security | 454/9 | €147,458 | €118,683 | -€28,775 | -19.5% |
| Other amounts payable | 47/48 | €625,965 | €910,761 | +€284,797 | +45.5% |
| Non-recurring operating income | 76A | - | €31,220 | +€31,220 | |
| Remuneration, social security and pensions | 62 | €1,003,124 | €900,812 | -€102,312 | -10.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,686 | €23,150 | +€2,464 | +11.9% |
| Other operating charges | 640/8 | €5,176 | €19,606 | +€14,430 | +278.8% |
| Non-recurring operating charges | 66A | €3,111 | €30,684 | +€27,573 | +886.2% |
| Gross operating margin | 9900 | €589,681 | €1,033,803 | +€444,122 | +75.3% |
| Operating profit (loss) | 9901 | -€442,417 | €59,550 | +€501,966 | |
| Financial income | 75/76B | €2,441 | €1,759 | -€682 | -27.9% |
| Recurring financial income | 75 | €2,441 | €1,759 | -€682 | -27.9% |
| Financial charges | 65/66B | €77,081 | €8,772 | -€68,309 | -88.6% |
| Recurring financial charges | 65 | €77,081 | €8,772 | -€68,309 | -88.6% |
| Profit (loss) for the period before taxes | 9903 | -€517,056 | €52,537 | +€569,594 | |
| Income taxes | 67/77 | €32,016 | €984 | -€31,032 | -96.9% |
| Profit (loss) for the period | 9904 | -€549,073 | €51,553 | +€600,626 | |
| Profit (loss) for the period to be appropriated | 9905 | -€549,073 | €51,553 | +€600,626 |
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 10 October 2026 via checked.be.