BATIGOR: what changed
Two fiscal 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.
BATIGOR
Largest movements
- Cash +€17,699
up €17,699 (+45.7%), from €38,723 to €56,422
mainly Receivables within one year (+€16,266) and Net result for the year (+€14,390)
- Receivables within one year -€16,266
down €16,266 (-49.9%), from €32,584 to €16,318
of which Trade receivables: -€16,405
- Tangible fixed assets +€1,125
up €1,125 (+681.4%), from €165 to €1,290
of which Furniture and vehicles: +€1,290
- Profit (loss) carried forward +€14,390
up €14,390 (+52.8%), from €27,237 to €41,627
- Debts after one year -€10,247
no longer reported in 2024 (was €10,247)
- Trade debts -€3,865
down €3,865 (-69.9%), from €5,527 to €1,662
of which Suppliers: -€2,975
- Current portion of long-term debt +€1,306
up €1,306 (+27.8%), from €4,693 to €6,000
- Tax, wage and social debts +€863
up €863 (+12.4%), from €6,941 to €7,803
- Turnover +€3,943
up €3,943 (+2.5%), from €156,300 to €160,242
- Purchases and services +€2,836
up €2,836 (+2.1%), from €134,343 to €137,180
- Depreciation -€2,193
down €2,193 (-73.0%), from €3,003 to €810
- Other operating charges +€2,064
up €2,064 (+159.7%), from €1,293 to €3,356
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 | €71,472 | €74,030 | +€2,558 | +3.6% |
| Fixed assets | 21/28 | €165 | €1,290 | +€1,125 | +681.4% |
| Tangible fixed assets | 22/27 | €165 | €1,290 | +€1,125 | +681.4% |
| Plant, machinery and equipment | 23 | €165 | - | -€165 | |
| Furniture and vehicles | 24 | - | €1,290 | +€1,290 | |
| Current assets | 29/58 | €71,307 | €72,740 | +€1,433 | +2.0% |
| Amounts receivable within one year | 40/41 | €32,584 | €16,318 | -€16,266 | -49.9% |
| Trade receivables | 40 | €31,345 | €14,941 | -€16,405 | -52.3% |
| Other amounts receivable | 41 | €1,239 | €1,377 | +€138 | +11.2% |
| Cash at bank and in hand | 54/58 | €38,723 | €56,422 | +€17,699 | +45.7% |
| Total equity and liabilities | 10/49 | €71,472 | €74,030 | +€2,558 | +3.6% |
| Equity | 10/15 | €40,387 | €54,777 | +€14,390 | +35.6% |
| Contributions | 10/11 | €8,060 | €8,060 | = | 0.0% |
| Reserves | 13 | €5,091 | €5,091 | = | 0.0% |
| Tax-exempt reserves | 132 | €5,091 | €5,091 | = | 0.0% |
| Profit (loss) carried forward | 14 | €27,237 | €41,627 | +€14,390 | +52.8% |
| Amounts payable | 17/49 | €31,084 | €19,253 | -€11,832 | -38.1% |
| Amounts payable after more than one year | 17 | €10,247 | - | -€10,247 | |
| Financial debts | 170/4 | €10,247 | - | -€10,247 | |
| Amounts payable within one year | 42/48 | €20,837 | €19,253 | -€1,584 | -7.6% |
| Current portion of amounts payable after more than one year | 42 | €4,693 | €6,000 | +€1,306 | +27.8% |
| Trade debts | 44 | €5,527 | €1,662 | -€3,865 | -69.9% |
| Suppliers | 440/4 | €4,637 | €1,662 | -€2,975 | -64.2% |
| Bills of exchange payable | 441 | €890 | - | -€890 | |
| Taxes, remuneration and social security | 45 | €6,941 | €7,803 | +€863 | +12.4% |
| Taxes | 450/3 | €6,941 | €7,803 | +€863 | +12.4% |
| Other amounts payable | 47/48 | €3,676 | €3,788 | +€112 | +3.1% |
| Turnover | 70 | €156,300 | €160,242 | +€3,943 | +2.5% |
| Goods, raw materials, services and sundry goods | 60/61 | €134,343 | €137,180 | +€2,836 | +2.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,003 | €810 | -€2,193 | -73.0% |
| Other operating charges | 640/8 | €1,293 | €3,356 | +€2,064 | +159.7% |
| Gross operating margin | 9900 | €21,956 | €23,063 | +€1,106 | +5.0% |
| Operating profit (loss) | 9901 | €17,661 | €18,896 | +€1,235 | +7.0% |
| Financial income | 75/76B | - | €785 | +€785 | |
| Recurring financial income | 75 | - | €9 | +€9 | |
| Non-recurring financial income | 76B | - | €776 | +€776 | |
| Financial charges | 65/66B | €734 | €1,246 | +€511 | +69.6% |
| Recurring financial charges | 65 | €734 | €469 | -€265 | -36.1% |
| Non-recurring financial charges | 66B | - | €776 | +€776 | |
| Profit (loss) for the period before taxes | 9903 | €16,926 | €18,435 | +€1,509 | +8.9% |
| Income taxes | 67/77 | €3,758 | €4,046 | +€288 | +7.7% |
| Profit (loss) for the period | 9904 | €13,169 | €14,390 | +€1,221 | +9.3% |
| Profit (loss) for the period to be appropriated | 9905 | €13,169 | €14,390 | +€1,221 | +9.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.