BATIGARDEN: 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.
BATIGARDEN
Largest movements
- Receivables within one year +€39,828
up €39,828 (+105%), from €37,938 to €77,766
of which Trade receivables: +€35,904
- Current investments -€7,707
no longer reported in 2023 (was €7,707)
- Tangible fixed assets -€6,074
down €6,074 (-38.3%), from €15,851 to €9,777
of which Furniture and vehicles: -€5,578
- Deferred charges and accrued income +€4,551
up €4,551 (+1,476%), from €308 to €4,859
- Cash +€3,156
up €3,156 (+69.4%), from €4,551 to €7,707
mainly Trade debts (+€26,801) and Current investments (+€7,707)
- Trade debts +€26,801
up €26,801 (+623%), from €4,303 to €31,103
- Profit (loss) carried forward +€4,793
up €4,793, from -€3,550 to €1,243
- Tax, wage and social debts +€2,225
up €2,225 (+16.5%), from €13,504 to €15,729
of which Taxes: +€2,225
- Contributions +€1,860
up €1,860 (+10.0%), from €18,600 to €20,460
- Reserves -€1,860
down €1,860 (-6.9%), from €26,860 to €25,000
of which Non-distributable reserves: -€1,860
- Gross operating margin +€12,483
up €12,483, from -€1,377 to €11,106
- Depreciation -€2,852
down €2,852 (-32.0%), from €8,926 to €6,074
- Other operating charges -€406
down €406 (-63.0%), from €645 to €239
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 | €66,804 | €100,622 | +€33,819 | +50.6% |
| Fixed assets | 21/28 | €15,851 | €9,777 | -€6,074 | -38.3% |
| Tangible fixed assets | 22/27 | €15,851 | €9,777 | -€6,074 | -38.3% |
| Plant, machinery and equipment | 23 | €1,377 | €881 | -€496 | -36.0% |
| Furniture and vehicles | 24 | €14,474 | €8,896 | -€5,578 | -38.5% |
| Current assets | 29/58 | €50,953 | €90,846 | +€39,893 | +78.3% |
| Stocks and contracts in progress | 3 | €450 | €515 | +€65 | +14.5% |
| Stocks | 30/36 | €450 | €515 | +€65 | +14.5% |
| Amounts receivable within one year | 40/41 | €37,938 | €77,766 | +€39,828 | +105% |
| Trade receivables | 40 | €32,304 | €68,208 | +€35,904 | +111% |
| Other amounts receivable | 41 | €5,634 | €9,557 | +€3,923 | +69.6% |
| Current investments | 50/53 | €7,707 | - | -€7,707 | |
| Cash at bank and in hand | 54/58 | €4,551 | €7,707 | +€3,156 | +69.4% |
| Deferred charges and accrued income | 490/1 | €308 | €4,859 | +€4,551 | +1,476% |
| Total equity and liabilities | 10/49 | €66,804 | €100,622 | +€33,819 | +50.6% |
| Equity | 10/15 | €41,910 | €46,703 | +€4,793 | +11.4% |
| Contributions | 10/11 | €18,600 | €20,460 | +€1,860 | +10.0% |
| Capital | 10 | €18,600 | - | -€18,600 | |
| Issued capital | 100 | €18,600 | - | -€18,600 | |
| Reserves | 13 | €26,860 | €25,000 | -€1,860 | -6.9% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Legal reserve | 130 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | €25,000 | €25,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,550 | €1,243 | +€4,793 | |
| Amounts payable | 17/49 | €24,894 | €53,919 | +€29,025 | +117% |
| Amounts payable after more than one year | 17 | €7,087 | €7,087 | = | 0.0% |
| Other amounts payable | 178/9 | €7,087 | €7,087 | = | 0.0% |
| Amounts payable within one year | 42/48 | €17,807 | €46,832 | +€29,025 | +163% |
| Trade debts | 44 | €4,303 | €31,103 | +€26,801 | +623% |
| Suppliers | 440/4 | €4,303 | €31,103 | +€26,801 | +623% |
| Taxes, remuneration and social security | 45 | €13,504 | €15,729 | +€2,225 | +16.5% |
| Taxes | 450/3 | - | €2,225 | +€2,225 | |
| Remuneration and social security | 454/9 | €13,504 | €13,504 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,926 | €6,074 | -€2,852 | -32.0% |
| Other operating charges | 640/8 | €645 | €239 | -€406 | -63.0% |
| Gross operating margin | 9900 | -€1,377 | €11,106 | +€12,483 | |
| Operating profit (loss) | 9901 | -€10,948 | €4,793 | +€15,741 | |
| Financial charges | 65/66B | €48 | - | -€48 | |
| Recurring financial charges | 65 | €48 | - | -€48 | |
| Profit (loss) for the period before taxes | 9903 | -€10,996 | €4,793 | +€15,789 | |
| Profit (loss) for the period | 9904 | -€10,996 | €4,793 | +€15,789 | |
| Profit (loss) for the period to be appropriated | 9905 | -€10,996 | €4,793 | +€15,789 |
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 13 October 2026 via checked.be.