BATZ: what changed
Two financial 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.
BATZ
Largest movements
- Receivables within one year -€18,701
down €18,701 (-16.5%), from €113,066 to €94,364
of which Trade receivables: -€21,886
- Tangible fixed assets -€10,400
no longer reported in 2024 (was €10,400)
of which Furniture and vehicles: -€5,850
- Cash +€3,085
up €3,085 (+91.7%), from €3,367 to €6,452
- Trade debts -€22,213
down €22,213 (-53.5%), from €41,545 to €19,331
of which Bills of exchange payable: -€18,649
- Current portion of long-term debt -€4,393
no longer reported in 2024 (was €4,393)
- Profit (loss) carried forward +€2,343
up €2,343 (+4.3%), from €53,992 to €56,336
- Tax, wage and social debts -€1,753
down €1,753 (-74.8%), from €2,342 to €590
- Gross operating margin -€35,739
down €35,739 (-90.5%), from €39,473 to €3,734
- Depreciation -€17,934
down €17,934 (-92.0%), from €19,484 to €1,550
- Financial charges -€15,903
down €15,903 (-99.7%), from €15,948 to €45
- Other operating charges -€568
down €568 (-39.1%), from €1,453 to €885
- Taxes -€490
down €490 (-50.1%), from €978 to €488
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 financial 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 | €126,832 | €100,816 | -€26,016 | -20.5% |
| Fixed assets | 21/28 | €10,400 | - | -€10,400 | |
| Tangible fixed assets | 22/27 | €10,400 | - | -€10,400 | |
| Plant, machinery and equipment | 23 | €4,550 | - | -€4,550 | |
| Furniture and vehicles | 24 | €5,850 | - | -€5,850 | |
| Current assets | 29/58 | €116,432 | €100,816 | -€15,616 | -13.4% |
| Amounts receivable within one year | 40/41 | €113,066 | €94,364 | -€18,701 | -16.5% |
| Trade receivables | 40 | €34,854 | €12,968 | -€21,886 | -62.8% |
| Other amounts receivable | 41 | €78,211 | €81,397 | +€3,185 | +4.1% |
| Cash at bank and in hand | 54/58 | €3,367 | €6,452 | +€3,085 | +91.7% |
| Total equity and liabilities | 10/49 | €126,832 | €100,816 | -€26,016 | -20.5% |
| Equity | 10/15 | €72,052 | €74,396 | +€2,343 | +3.3% |
| Contributions | 10/11 | €16,200 | €16,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €53,992 | €56,336 | +€2,343 | +4.3% |
| Provisions and deferred taxes | 16 | €6,500 | €6,500 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €6,500 | €6,500 | = | 0.0% |
| Environmental obligations | 163 | €6,500 | €6,500 | = | 0.0% |
| Amounts payable | 17/49 | €48,280 | €19,921 | -€28,359 | -58.7% |
| Amounts payable within one year | 42/48 | €48,280 | €19,921 | -€28,359 | -58.7% |
| Current portion of amounts payable after more than one year | 42 | €4,393 | - | -€4,393 | |
| Trade debts | 44 | €41,545 | €19,331 | -€22,213 | -53.5% |
| Suppliers | 440/4 | €5,889 | €2,324 | -€3,565 | -60.5% |
| Bills of exchange payable | 441 | €35,656 | €17,007 | -€18,649 | -52.3% |
| Taxes, remuneration and social security | 45 | €2,342 | €590 | -€1,753 | -74.8% |
| Taxes | 450/3 | €2,342 | €590 | -€1,753 | -74.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,484 | €1,550 | -€17,934 | -92.0% |
| Other operating charges | 640/8 | €1,453 | €885 | -€568 | -39.1% |
| Gross operating margin | 9900 | €39,473 | €3,734 | -€35,739 | -90.5% |
| Operating profit (loss) | 9901 | €18,535 | €1,298 | -€17,237 | -93.0% |
| Financial charges | 65/66B | €15,948 | €45 | -€15,903 | -99.7% |
| Recurring financial charges | 65 | €15,948 | €45 | -€15,903 | -99.7% |
| Profit (loss) for the period before taxes | 9903 | €2,588 | €1,253 | -€1,334 | -51.6% |
| Income taxes | 67/77 | €978 | €488 | -€490 | -50.1% |
| Profit (loss) for the period | 9904 | €1,609 | €765 | -€844 | -52.4% |
| Profit (loss) for the period to be appropriated | 9905 | €1,609 | €765 | -€844 | -52.4% |
Source: filed annual accounts (NBB), financial years ended 30 September 2022 and 30 September 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.