BM BAT: 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.
BM BAT
Largest movements
- Receivables within one year +€25,477
up €25,477 (+70.0%), from €36,373 to €61,850
of which Trade receivables: +€25,092
- Cash +€10,729
up €10,729 (+3,155,515%), from €0 to €10,729
mainly Trade debts (+€35,474) and Depreciation (+€6,696)
- Tangible fixed assets -€6,696
down €6,696 (-32.7%), from €20,479 to €13,783
of which Plant, machinery and equipment: -€3,533
- Trade debts +€35,474
up €35,474 (+567%), from €6,258 to €41,732
- Tax, wage and social debts -€4,241
down €4,241 (-34.1%), from €12,445 to €8,204
- Profit (loss) carried forward -€889
down €889 (-2.6%), from €34,316 to €33,426
- Gross operating margin +€13,084
up €13,084, from -€6,673 to €6,410
- Financial charges -€503
down €503 (-70.1%), from €717 to €214
- Financial income -€493
no longer reported in 2024 (was €493)
- Depreciation +€307
up €307 (+4.8%), from €6,389 to €6,696
- Other operating charges +€274
up €274 (+238%), from €115 to €389
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 | €56,852 | €86,362 | +€29,510 | +51.9% |
| Fixed assets | 21/28 | €20,479 | €13,783 | -€6,696 | -32.7% |
| Tangible fixed assets | 22/27 | €20,479 | €13,783 | -€6,696 | -32.7% |
| Plant, machinery and equipment | 23 | €8,553 | €5,020 | -€3,533 | -41.3% |
| Furniture and vehicles | 24 | €3,639 | €1,373 | -€2,266 | -62.3% |
| Other tangible fixed assets | 26 | €8,287 | €7,390 | -€896 | -10.8% |
| Current assets | 29/58 | €36,373 | €72,579 | +€36,206 | +99.5% |
| Amounts receivable within one year | 40/41 | €36,373 | €61,850 | +€25,477 | +70.0% |
| Trade receivables | 40 | €13,291 | €38,383 | +€25,092 | +189% |
| Other amounts receivable | 41 | €23,081 | €23,467 | +€385 | +1.7% |
| Cash at bank and in hand | 54/58 | €0 | €10,729 | +€10,729 | +3,155,515% |
| Total equity and liabilities | 10/49 | €56,852 | €86,362 | +€29,510 | +51.9% |
| Equity | 10/15 | €37,316 | €36,426 | -€889 | -2.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €34,316 | €33,426 | -€889 | -2.6% |
| Amounts payable | 17/49 | €19,536 | €49,936 | +€30,400 | +156% |
| Amounts payable within one year | 42/48 | €19,536 | €49,936 | +€30,400 | +156% |
| Trade debts | 44 | €6,258 | €41,732 | +€35,474 | +567% |
| Suppliers | 440/4 | €6,258 | €41,732 | +€35,474 | +567% |
| Taxes, remuneration and social security | 45 | €12,445 | €8,204 | -€4,241 | -34.1% |
| Taxes | 450/3 | €12,445 | €8,204 | -€4,241 | -34.1% |
| Other amounts payable | 47/48 | €833 | - | -€833 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,389 | €6,696 | +€307 | +4.8% |
| Other operating charges | 640/8 | €115 | €389 | +€274 | +238% |
| Gross operating margin | 9900 | -€6,673 | €6,410 | +€13,084 | |
| Operating profit (loss) | 9901 | -€13,178 | -€675 | +€12,503 | +94.9% |
| Financial income | 75/76B | €493 | - | -€493 | |
| Recurring financial income | 75 | €493 | - | -€493 | |
| Financial charges | 65/66B | €717 | €214 | -€503 | -70.1% |
| Recurring financial charges | 65 | €717 | €214 | -€503 | -70.1% |
| Profit (loss) for the period before taxes | 9903 | -€13,401 | -€889 | +€12,512 | +93.4% |
| Profit (loss) for the period | 9904 | -€13,401 | -€889 | +€12,512 | +93.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€13,401 | -€889 | +€12,512 | +93.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.