BATITOIT: 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.
BATITOIT
Largest movements
- Cash -€85,459
down €85,459 (-70.5%), from €121,298 to €35,839
mainly Tax, wage and social debts (-€58,839) and Trade debts (-€55,691)
- Tangible fixed assets +€33,931
up €33,931 (+294.5%), from €11,520 to €45,451
of which Assets under construction and advance payments: +€21,020
- Receivables within one year -€25,272
down €25,272 (-7.8%), from €324,290 to €299,018
of which Other amounts receivable: -€32,018
- Deferred charges and accrued income +€4,856
up €4,856 (+195.1%), from €2,489 to €7,345
- Reserves +€76,025
up €76,025 (+39.5%), from €192,352 to €268,377
- Tax, wage and social debts -€58,839
down €58,839 (-58.0%), from €101,517 to €42,678
of which Remuneration and social security: -€76,726
- Trade debts -€55,691
down €55,691 (-61.4%), from €90,765 to €35,074
- Advances received -€22,744
no longer reported in 2024 (was €22,744)
- Debts after one year -€10,864
down €10,864 (-31.9%), from €34,054 to €23,189
- Staff costs -€28,171
down €28,171 (-7.2%), from €393,286 to €365,115
- Depreciation -€23,346
down €23,346 (-72.6%), from €32,176 to €8,830
- Gross operating margin +€16,452
up €16,452 (+3.5%), from €466,934 to €483,386
- Taxes +€11,029
up €11,029 (+113.8%), from €9,688 to €20,716
- Other operating charges +€7,936
up €7,936 (+246.0%), from €3,226 to €11,162
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 | €459,596 | €387,652 | -€71,944 | -15.7% |
| Fixed assets | 21/28 | €11,520 | €45,451 | +€33,931 | +294.5% |
| Tangible fixed assets | 22/27 | €11,520 | €45,451 | +€33,931 | +294.5% |
| Plant, machinery and equipment | 23 | €5,837 | €18,028 | +€12,191 | +208.9% |
| Furniture and vehicles | 24 | €5,683 | €6,403 | +€720 | +12.7% |
| Assets under construction and advance payments | 27 | - | €21,020 | +€21,020 | |
| Current assets | 29/58 | €448,076 | €342,202 | -€105,875 | -23.6% |
| Amounts receivable within one year | 40/41 | €324,290 | €299,018 | -€25,272 | -7.8% |
| Trade receivables | 40 | €100,647 | €107,393 | +€6,746 | +6.7% |
| Other amounts receivable | 41 | €223,643 | €191,624 | -€32,018 | -14.3% |
| Cash at bank and in hand | 54/58 | €121,298 | €35,839 | -€85,459 | -70.5% |
| Deferred charges and accrued income | 490/1 | €2,489 | €7,345 | +€4,856 | +195.1% |
| Total equity and liabilities | 10/49 | €459,596 | €387,652 | -€71,944 | -15.7% |
| Equity | 10/15 | €197,352 | €273,377 | +€76,025 | +38.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €192,352 | €268,377 | +€76,025 | +39.5% |
| Distributable reserves | 133 | €192,352 | €268,377 | +€76,025 | +39.5% |
| Amounts payable | 17/49 | €262,244 | €114,275 | -€147,969 | -56.4% |
| Amounts payable after more than one year | 17 | €34,054 | €23,189 | -€10,864 | -31.9% |
| Financial debts | 170/4 | €34,054 | €23,189 | -€10,864 | -31.9% |
| Amounts payable within one year | 42/48 | €228,190 | €91,086 | -€137,104 | -60.1% |
| Current portion of amounts payable after more than one year | 42 | €10,695 | €10,864 | +€169 | +1.6% |
| Trade debts | 44 | €90,765 | €35,074 | -€55,691 | -61.4% |
| Suppliers | 440/4 | €90,765 | €35,074 | -€55,691 | -61.4% |
| Advances received on contracts in progress | 46 | €22,744 | - | -€22,744 | |
| Taxes, remuneration and social security | 45 | €101,517 | €42,678 | -€58,839 | -58.0% |
| Taxes | 450/3 | €15,259 | €33,146 | +€17,887 | +117.2% |
| Remuneration and social security | 454/9 | €86,257 | €9,532 | -€76,726 | -88.9% |
| Other amounts payable | 47/48 | €2,470 | €2,470 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €393,286 | €365,115 | -€28,171 | -7.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,176 | €8,830 | -€23,346 | -72.6% |
| Other operating charges | 640/8 | €3,226 | €11,162 | +€7,936 | +246.0% |
| Gross operating margin | 9900 | €466,934 | €483,386 | +€16,452 | +3.5% |
| Operating profit (loss) | 9901 | €38,246 | €98,280 | +€60,033 | +157.0% |
| Financial income | 75/76B | €67 | €28 | -€39 | -57.8% |
| Recurring financial income | 75 | €67 | €28 | -€39 | -57.8% |
| Financial charges | 65/66B | €2,091 | €1,567 | -€524 | -25.1% |
| Recurring financial charges | 65 | €2,091 | €1,567 | -€524 | -25.1% |
| Profit (loss) for the period before taxes | 9903 | €36,222 | €96,741 | +€60,519 | +167.1% |
| Income taxes | 67/77 | €9,688 | €20,716 | +€11,029 | +113.8% |
| Profit (loss) for the period | 9904 | €26,535 | €76,025 | +€49,490 | +186.5% |
| Profit (loss) for the period to be appropriated | 9905 | €26,535 | €76,025 | +€49,490 | +186.5% |
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 2 October 2026 via checked.be.