BORDO BATI: 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.
BORDO BATI
Largest movements
- Cash +€88,221
up €88,221 (+4,961%), from €1,778 to €90,000
mainly Net result for the year (+€51,939) and Receivables within one year (+€34,868)
- Receivables within one year -€34,868
down €34,868 (-12.7%), from €273,576 to €238,708
of which Other amounts receivable: -€100,145
- Deferred charges and accrued income +€7,389
up €7,389 (+1,432%), from €516 to €7,905
- Profit (loss) carried forward +€51,939
up €51,939 (+28.7%), from €180,890 to €232,829
- Tax, wage and social debts +€30,748
up €30,748 (+51.8%), from €59,345 to €90,092
of which Taxes: +€23,598
- Trade debts -€29,937
down €29,937 (-63.4%), from €47,217 to €17,280
- Gross operating margin -€38,690
down €38,690 (-30.2%), from €127,964 to €89,274
- Financial income -€18,530
down €18,530 (-98.7%), from €18,778 to €248
- Taxes -€17,423
down €17,423 (-52.2%), from €33,402 to €15,979
- Financial charges +€7,206
up €7,206 (+179%), from €4,020 to €11,225
- Other operating charges -€1,766
down €1,766 (-30.7%), from €5,762 to €3,996
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 | €293,652 | €349,588 | +€55,936 | +19.0% |
| Fixed assets | 21/28 | €17,782 | €12,976 | -€4,806 | -27.0% |
| Intangible fixed assets | 21 | €11,200 | €9,600 | -€1,600 | -14.3% |
| Tangible fixed assets | 22/27 | €6,582 | €3,376 | -€3,206 | -48.7% |
| Plant, machinery and equipment | 23 | - | €656 | +€656 | |
| Furniture and vehicles | 24 | €6,582 | €2,720 | -€3,861 | -58.7% |
| Current assets | 29/58 | €275,870 | €336,612 | +€60,742 | +22.0% |
| Amounts receivable within one year | 40/41 | €273,576 | €238,708 | -€34,868 | -12.7% |
| Trade receivables | 40 | €147,476 | €212,753 | +€65,277 | +44.3% |
| Other amounts receivable | 41 | €126,100 | €25,955 | -€100,145 | -79.4% |
| Cash at bank and in hand | 54/58 | €1,778 | €90,000 | +€88,221 | +4,961% |
| Deferred charges and accrued income | 490/1 | €516 | €7,905 | +€7,389 | +1,432% |
| Total equity and liabilities | 10/49 | €293,652 | €349,588 | +€55,936 | +19.0% |
| Equity | 10/15 | €187,090 | €239,029 | +€51,939 | +27.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €180,890 | €232,829 | +€51,939 | +28.7% |
| Amounts payable | 17/49 | €106,562 | €110,559 | +€3,997 | +3.8% |
| Amounts payable within one year | 42/48 | €106,562 | €110,559 | +€3,997 | +3.8% |
| Trade debts | 44 | €47,217 | €17,280 | -€29,937 | -63.4% |
| Suppliers | 440/4 | €47,217 | €17,280 | -€29,937 | -63.4% |
| Taxes, remuneration and social security | 45 | €59,345 | €90,092 | +€30,748 | +51.8% |
| Taxes | 450/3 | €58,495 | €82,092 | +€23,598 | +40.3% |
| Remuneration and social security | 454/9 | €850 | €8,000 | +€7,150 | +841% |
| Other amounts payable | 47/48 | - | €3,187 | +€3,187 | |
| Remuneration, social security and pensions | 62 | - | €291 | +€291 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,288 | €6,092 | +€804 | +15.2% |
| Other operating charges | 640/8 | €5,762 | €3,996 | -€1,766 | -30.7% |
| Non-recurring operating charges | 66A | €3,200 | - | -€3,200 | |
| Gross operating margin | 9900 | €127,964 | €89,274 | -€38,690 | -30.2% |
| Operating profit (loss) | 9901 | €113,714 | €78,895 | -€34,819 | -30.6% |
| Financial income | 75/76B | €18,778 | €248 | -€18,530 | -98.7% |
| Recurring financial income | 75 | €18,778 | €248 | -€18,530 | -98.7% |
| Financial charges | 65/66B | €4,020 | €11,225 | +€7,206 | +179% |
| Recurring financial charges | 65 | €4,020 | €11,225 | +€7,206 | +179% |
| Profit (loss) for the period before taxes | 9903 | €128,473 | €67,918 | -€60,555 | -47.1% |
| Income taxes | 67/77 | €33,402 | €15,979 | -€17,423 | -52.2% |
| Profit (loss) for the period | 9904 | €95,071 | €51,939 | -€43,132 | -45.4% |
| Profit (loss) for the period to be appropriated | 9905 | €95,071 | €51,939 | -€43,132 | -45.4% |
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 30 October 2026 via checked.be.