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BATTIM: 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

BATTIM

BE 0465.240.902
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
-€24,085
2023 · €17,945-€42,030
Equity
€224,965
2023 · €249,050-€24,085
Cash
€77,461
2023 · €93,006-€15,545
Balance sheet total
€225,337
2023 · €249,273-€23,936

Largest movements

2023 to 2024
Assets
  • Cash -€15,545

    down €15,545 (-16.7%), from €93,006 to €77,461

    mainly Net result for the year (-€24,085) and Trade debts (-€142)

  • Tangible fixed assets -€8,391

    down €8,391 (-100.0%), from €8,391 to €0

Equity and liabilities
  • Profit (loss) carried forward -€24,085

    new in 2024: -€24,085

Income statement
  • Gross operating margin -€46,886

    down €46,886, from €31,246 to -€15,640

  • Purchases and services +€15,640

    new in 2024: €15,640

  • Taxes -€11,082

    no longer reported in 2024 (was €11,082)

  • Financial income -€4,165

    no longer reported in 2024 (was €4,165)

  • Depreciation +€3,069

    up €3,069 (+57.7%), from €5,322 to €8,391

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 €17,945
Gross operating margin -€46,886
Depreciation -€3,069
Other operating charges +€686
Financial income -€4,165
Financial charges +€322
Taxes +€11,082
Result 2024 -€24,085

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 -€15,545
Investment +€0
Financing -€0
Cash 2023 €93,006
Net result for the year -€24,085
Depreciation +€8,391
Smaller working-capital items -€1
Trade debts -€142
Tax, wage and social debts -€80
Accrued charges and deferred income +€372
Investment in fixed assets (net) +€0
Current investments +€0
Contributions, distributions and other -€0
Cash 2024 €77,461
Every line side by side 42 lines
Line Code 2023 2024 Change %
Total assets 20/58 €249,273 €225,337 -€23,936 -9.6%
Fixed assets 21/28 €8,763 €372 -€8,391 -95.8%
Tangible fixed assets 22/27 €8,391 €0 -€8,391 -100.0%
Furniture and vehicles 24 €8,391 €0 -€8,391 -100.0%
Financial fixed assets 28 €372 €372 +€0 0.0%
Current assets 29/58 €240,510 €224,965 -€15,545 -6.5%
Amounts receivable within one year 40/41 €146,549 €146,549 +€0 0.0%
Other amounts receivable 41 €146,549 €146,549 +€0 0.0%
Current investments 50/53 €605 €605 -€0 0.0%
Cash at bank and in hand 54/58 €93,006 €77,461 -€15,545 -16.7%
Deferred charges and accrued income 490/1 €350 €350 +€0 +0.1%
Total equity and liabilities 10/49 €249,273 €225,337 -€23,936 -9.6%
Equity 10/15 €249,050 €224,965 -€24,085 -9.7%
Contributions 10/11 €18,600 €18,600 = 0.0%
Outside capital 11 - €18,600 +€18,600
Share premium 1100/10 - €18,600 +€18,600
Reserves 13 €230,450 €230,450 -€0 0.0%
Non-distributable reserves 130/1 €1,860 €1,860 = 0.0%
Legal reserve 130 - €1,860 +€1,860
Reserves not available under the articles 1311 €1,860 - -€1,860
Distributable reserves 133 €228,590 €228,590 -€0 0.0%
Profit (loss) carried forward 14 - -€24,085 -€24,085
Amounts payable 17/49 €223 €372 +€149 +67.2%
Amounts payable within one year 42/48 €223 - -€223
Trade debts 44 €142 - -€142
Suppliers 440/4 €142 - -€142
Taxes, remuneration and social security 45 €80 - -€80
Remuneration and social security 454/9 €80 - -€80
Accrued charges and deferred income 492/3 - €372 +€372
Goods, raw materials, services and sundry goods 60/61 - €15,640 +€15,640
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €5,322 €8,391 +€3,069 +57.7%
Other operating charges 640/8 €716 €30 -€686 -95.8%
Gross operating margin 9900 €31,246 -€15,640 -€46,886
Operating profit (loss) 9901 €25,208 -€24,061 -€49,269
Financial income 75/76B €4,165 - -€4,165
Recurring financial income 75 €4,165 - -€4,165
Financial charges 65/66B €346 €24 -€322 -93.1%
Recurring financial charges 65 €346 €24 -€322 -93.1%
Profit (loss) for the period before taxes 9903 €29,027 -€24,085 -€53,112
Income taxes 67/77 €11,082 - -€11,082
Profit (loss) for the period 9904 €17,945 -€24,085 -€42,030
Profit (loss) for the period to be appropriated 9905 €17,945 -€24,085 -€42,030

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.