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BATMAN: 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.

What changed

BATMAN

BE 0463.602.590
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
-€3,071
2023 · €6,396-€9,467
Equity
-€94,704
2023 · -€91,633-€3,071
Cash
€63
2023 · €106-€43
Balance sheet total
€655
2023 · €693-€38

Largest movements

2023 to 2024
Assets
  • Receivables within one year +€175

    up €175 (+55.7%), from €314 to €489

  • Tangible fixed assets -€170

    down €170 (-62.1%), from €273 to €103

  • Cash -€43

    down €43 (-40.2%), from €106 to €63

    mainly Trade debts (-€4,214) and Net result for the year (-€3,071)

Equity and liabilities
  • Other debts +€7,247

    up €7,247 (+8.3%), from €87,702 to €94,949

  • Trade debts -€4,214

    down €4,214 (-91.1%), from €4,624 to €410

  • Profit (loss) carried forward -€3,071

    down €3,071 (-2.6%), from -€116,422 to -€119,493

Income statement
  • Gross operating margin -€9,702

    down €9,702, from €7,231 to -€2,471

  • Depreciation -€263

    down €263 (-60.8%), from €433 to €170

From the 2023 result to the 2024 result

effect on the 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.

Result 2023 €6,396
Gross operating margin -€9,702
Depreciation +€263
Other operating charges -€3
Financial charges -€25
Result 2024 -€3,071

Cash bridge derived

cash 2023 to 2024

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.

From operations -€43
Investment €0
Financing €0
Cash 2023 €106
Net result for the year -€3,071
Depreciation +€170
Receivables within one year -€175
Trade debts -€4,214
Other debts +€7,247
Cash 2024 €63
Every line side by side 26 lines
Line Code 2023 2024 Change %
Total assets 20/58 €693 €655 -€38 -5.4%
Fixed assets 21/28 €273 €103 -€170 -62.1%
Tangible fixed assets 22/27 €273 €103 -€170 -62.1%
Plant, machinery and equipment 23 €273 €103 -€170 -62.1%
Current assets 29/58 €419 €552 +€132 +31.5%
Amounts receivable within one year 40/41 €314 €489 +€175 +55.7%
Other amounts receivable 41 €314 €489 +€175 +55.7%
Cash at bank and in hand 54/58 €106 €63 -€43 -40.2%
Total equity and liabilities 10/49 €693 €655 -€38 -5.4%
Equity 10/15 -€91,633 -€94,704 -€3,071 -3.4%
Contributions 10/11 €24,789 €24,789 = 0.0%
Profit (loss) carried forward 14 -€116,422 -€119,493 -€3,071 -2.6%
Amounts payable 17/49 €92,326 €95,359 +€3,033 +3.3%
Amounts payable within one year 42/48 €92,326 €95,359 +€3,033 +3.3%
Trade debts 44 €4,624 €410 -€4,214 -91.1%
Suppliers 440/4 €4,624 €410 -€4,214 -91.1%
Other amounts payable 47/48 €87,702 €94,949 +€7,247 +8.3%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €433 €170 -€263 -60.8%
Other operating charges 640/8 €384 €387 +€3 +0.8%
Gross operating margin 9900 €7,231 -€2,471 -€9,702
Operating profit (loss) 9901 €6,414 -€3,028 -€9,442
Financial charges 65/66B €18 €43 +€25 +142.9%
Recurring financial charges 65 €18 €43 +€25 +142.9%
Profit (loss) for the period before taxes 9903 €6,396 -€3,071 -€9,467
Profit (loss) for the period 9904 €6,396 -€3,071 -€9,467
Profit (loss) for the period to be appropriated 9905 €6,396 -€3,071 -€9,467

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 30 September 2026 via checked.be.