BATINOR: 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.
BATINOR
Largest movements
- Deferred charges and accrued income -€12,548
down €12,548 (-97.1%), from €12,921 to €373
- Receivables after one year +€10,596
up €10,596 (+725.3%), from €1,461 to €12,057
- Cash +€8,691
up €8,691 (+71.8%), from €12,107 to €20,798
- Tangible fixed assets -€3,200
down €3,200 (-5.1%), from €62,321 to €59,121
of which Land and buildings: -€5,371
- Receivables within one year -€1,664
down €1,664 (-10.6%), from €15,764 to €14,100
- Profit (loss) carried forward +€23,829
up €23,829 (+93.7%), from -€25,420 to -€1,591
- Debts after one year -€19,877
down €19,877 (-73.9%), from €26,893 to €7,016
- Accrued charges and deferred income -€5,567
down €5,567 (-24.6%), from €22,650 to €17,083
- Trade debts +€2,652
up €2,652 (+10.3%), from €25,746 to €28,398
- Gross operating margin -€16,242
down €16,242 (-37.5%), from €43,305 to €27,063
- Write-downs +€10,000
new in 2024: €10,000
- Depreciation +€1,681
up €1,681 (+21.7%), from €7,734 to €9,415
- Financial charges -€1,610
down €1,610 (-81.8%), from €1,969 to €359
- Taxes +€1,375
new in 2024: €1,375
From the 2022 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
A cash bridge needs two consecutive fiscal years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2022 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €132,857 | €134,733 | +€1,876 | +1.4% |
| Fixed assets | 21/28 | €90,604 | €87,404 | -€3,200 | -3.5% |
| Tangible fixed assets | 22/27 | €62,321 | €59,121 | -€3,200 | -5.1% |
| Land and buildings | 22 | €62,321 | €56,949 | -€5,371 | -8.6% |
| Furniture and vehicles | 24 | - | €2,172 | +€2,172 | |
| Financial fixed assets | 28 | €28,283 | €28,283 | = | 0.0% |
| Current assets | 29/58 | €42,253 | €47,329 | +€5,076 | +12.0% |
| Amounts receivable after more than one year | 29 | €1,461 | €12,057 | +€10,596 | +725.3% |
| Other amounts receivable | 291 | €1,461 | €12,057 | +€10,596 | +725.3% |
| Amounts receivable within one year | 40/41 | €15,764 | €14,100 | -€1,664 | -10.6% |
| Trade receivables | 40 | €15,764 | €14,100 | -€1,664 | -10.6% |
| Cash at bank and in hand | 54/58 | €12,107 | €20,798 | +€8,691 | +71.8% |
| Deferred charges and accrued income | 490/1 | €12,921 | €373 | -€12,548 | -97.1% |
| Total equity and liabilities | 10/49 | €132,857 | €134,733 | +€1,876 | +1.4% |
| Equity | 10/15 | €48,254 | €72,083 | +€23,829 | +49.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €55,074 | €55,074 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €20,214 | €20,214 | = | 0.0% |
| Distributable reserves | 133 | €33,000 | €33,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€25,420 | -€1,591 | +€23,829 | +93.7% |
| Amounts payable | 17/49 | €84,603 | €62,650 | -€21,953 | -25.9% |
| Amounts payable after more than one year | 17 | €26,893 | €7,016 | -€19,877 | -73.9% |
| Financial debts | 170/4 | €26,893 | €7,016 | -€19,877 | -73.9% |
| Amounts payable within one year | 42/48 | €35,059 | €38,551 | +€3,491 | +10.0% |
| Current portion of amounts payable after more than one year | 42 | €9,313 | €10,153 | +€840 | +9.0% |
| Trade debts | 44 | €25,746 | €28,398 | +€2,652 | +10.3% |
| Suppliers | 440/4 | €25,746 | €28,398 | +€2,652 | +10.3% |
| Accrued charges and deferred income | 492/3 | €22,650 | €17,083 | -€5,567 | -24.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,734 | €9,415 | +€1,681 | +21.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €10,000 | +€10,000 | |
| Other operating charges | 640/8 | €4,126 | €4,394 | +€268 | +6.5% |
| Gross operating margin | 9900 | €43,305 | €27,063 | -€16,242 | -37.5% |
| Operating profit (loss) | 9901 | €31,445 | €3,253 | -€28,191 | -89.7% |
| Financial income | 75/76B | - | €704 | +€704 | |
| Recurring financial income | 75 | - | €342 | +€342 | |
| Non-recurring financial income | 76B | - | €362 | +€362 | |
| Financial charges | 65/66B | €1,969 | €359 | -€1,610 | -81.8% |
| Recurring financial charges | 65 | €1,969 | €359 | -€1,610 | -81.8% |
| Profit (loss) for the period before taxes | 9903 | €29,476 | €3,598 | -€25,878 | -87.8% |
| Income taxes | 67/77 | - | €1,375 | +€1,375 | |
| Profit (loss) for the period | 9904 | €29,476 | €2,223 | -€27,253 | -92.5% |
| Profit (loss) for the period to be appropriated | 9905 | €29,476 | €2,223 | -€27,253 | -92.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2022 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.