BAYANT: 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.
BAYANT
Largest movements
- Receivables after one year -€290,304
down €290,304 (-23.8%), from €1.2m to €928,160
of which Trade receivables: -€239,933
- Cash +€107,196
up €107,196 (+527%), from €20,326 to €127,522
mainly Receivables after one year (+€290,304) and Advances received (+€64,360)
- Trade debts -€234,583
down €234,583 (-26.0%), from €903,835 to €669,252
- Advances received +€64,360
up €64,360 (+20.2%), from €318,710 to €383,070
- Short-term financial debts -€50,000
no longer reported in 2024 (was €50,000)
- Tax, wage and social debts +€32,910
up €32,910 (+411%), from €8,009 to €40,919
of which Remuneration and social security: +€33,498
- Turnover +€990,692
up €990,692 (+27.8%), from €3.6m to €4.6m
- Purchases and services +€895,534
up €895,534 (+26.3%), from €3.4m to €4.3m
- Staff costs +€106,972
up €106,972 (+87.3%), from €122,488 to €229,460
- Gross operating margin +€96,659
up €96,659 (+61.2%), from €158,001 to €254,660
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.
Derived cash bridge
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 | €1,270,576 | €1,084,843 | -€185,733 | -14.6% |
| Fixed assets | 21/28 | €18,879 | €16,888 | -€1,991 | -10.5% |
| Tangible fixed assets | 22/27 | €18,879 | €16,888 | -€1,991 | -10.5% |
| Land and buildings | 22 | €15,867 | €15,067 | -€800 | -5.0% |
| Plant, machinery and equipment | 23 | €3,013 | - | -€3,013 | |
| Furniture and vehicles | 24 | - | €1,822 | +€1,822 | |
| Current assets | 29/58 | €1,251,696 | €1,067,954 | -€183,742 | -14.7% |
| Amounts receivable after more than one year | 29 | €1,218,464 | €928,160 | -€290,304 | -23.8% |
| Trade receivables | 290 | €1,069,770 | €829,837 | -€239,933 | -22.4% |
| Other amounts receivable | 291 | €148,694 | €98,323 | -€50,371 | -33.9% |
| Cash at bank and in hand | 54/58 | €20,326 | €127,522 | +€107,196 | +527% |
| Deferred charges and accrued income | 490/1 | €12,907 | €12,273 | -€633 | -4.9% |
| Total equity and liabilities | 10/49 | €1,270,576 | €1,084,843 | -€185,733 | -14.6% |
| Equity | 10/15 | -€9,979 | -€8,398 | +€1,580 | +15.8% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€59,979 | -€58,398 | +€1,580 | +2.6% |
| Amounts payable | 17/49 | €1,280,554 | €1,093,241 | -€187,313 | -14.6% |
| Amounts payable within one year | 42/48 | €1,280,554 | €1,093,241 | -€187,313 | -14.6% |
| Financial debts | 43 | €50,000 | - | -€50,000 | |
| Credit institutions | 430/8 | €50,000 | - | -€50,000 | |
| Trade debts | 44 | €903,835 | €669,252 | -€234,583 | -26.0% |
| Suppliers | 440/4 | €903,835 | €669,252 | -€234,583 | -26.0% |
| Advances received on contracts in progress | 46 | €318,710 | €383,070 | +€64,360 | +20.2% |
| Taxes, remuneration and social security | 45 | €8,009 | €40,919 | +€32,910 | +411% |
| Taxes | 450/3 | €2,235 | €1,647 | -€588 | -26.3% |
| Remuneration and social security | 454/9 | €5,774 | €39,272 | +€33,498 | +580% |
| Turnover | 70 | €3,563,822 | €4,554,514 | +€990,692 | +27.8% |
| Goods, raw materials, services and sundry goods | 60/61 | €3,405,821 | €4,301,355 | +€895,534 | +26.3% |
| Remuneration, social security and pensions | 62 | €122,488 | €229,460 | +€106,972 | +87.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €984 | €1,991 | +€1,007 | +102% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €2,726 | €3,159 | +€434 | +15.9% |
| Gross operating margin | 9900 | €158,001 | €254,660 | +€96,659 | +61.2% |
| Operating profit (loss) | 9901 | €31,803 | €20,050 | -€11,753 | -37.0% |
| Financial income | 75/76B | €41 | €99 | +€58 | +141% |
| Recurring financial income | 75 | €41 | €99 | +€58 | +141% |
| Financial charges | 65/66B | €9,778 | €18,568 | +€8,791 | +89.9% |
| Recurring financial charges | 65 | €9,778 | €18,568 | +€8,791 | +89.9% |
| Profit (loss) for the period before taxes | 9903 | €22,067 | €1,581 | -€20,486 | -92.8% |
| Income taxes | 67/77 | - | €1 | +€1 | |
| Profit (loss) for the period | 9904 | €22,067 | €1,580 | -€20,487 | -92.8% |
| Profit (loss) for the period to be appropriated | 9905 | €22,067 | €1,580 | -€20,487 | -92.8% |
Source: filed annual accounts (NBB), financial years ended 31 March 2023 and 31 March 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.