FG BAT CONSTRUCT: 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.
FG BAT CONSTRUCT
Largest movements
- Receivables within one year +€14,842
up €14,842 (+231.9%), from €6,399 to €21,241
of which Trade receivables: +€15,705
- Tangible fixed assets -€1,566
down €1,566 (-47.9%), from €3,266 to €1,700
- Cash -€1,248
down €1,248 (-18.0%), from €6,919 to €5,671
mainly Receivables within one year (-€14,842) and Deferred charges and accrued income (-€15)
- Trade debts +€4,864
up €4,864 (+854.2%), from €569 to €5,434
- Reserves +€4,643
up €4,643 (+55.6%), from €8,349 to €12,992
- Tax, wage and social debts +€1,480
up €1,480 (+55.5%), from €2,666 to €4,147
of which Taxes: +€1,480
- Other debts +€1,055
new in 2024: €1,055
- Gross operating margin -€10,722
down €10,722 (-57.7%), from €18,575 to €7,853
- Financial charges -€4,985
down €4,985 (-96.8%), from €5,149 to €164
- Taxes -€866
down €866 (-36.9%), from €2,346 to €1,480
- Other operating charges -€747
no longer reported in 2024 (was €747)
- Depreciation -€418
down €418 (-21.1%), from €1,984 to €1,566
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.
Cash bridge derived
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 | €16,585 | €28,627 | +€12,042 | +72.6% |
| Fixed assets | 21/28 | €3,266 | €1,700 | -€1,566 | -47.9% |
| Tangible fixed assets | 22/27 | €3,266 | €1,700 | -€1,566 | -47.9% |
| Furniture and vehicles | 24 | €3,266 | €1,700 | -€1,566 | -47.9% |
| Current assets | 29/58 | €13,319 | €26,927 | +€13,608 | +102.2% |
| Amounts receivable within one year | 40/41 | €6,399 | €21,241 | +€14,842 | +231.9% |
| Trade receivables | 40 | €862 | €16,567 | +€15,705 | +1821.3% |
| Other amounts receivable | 41 | €5,537 | €4,674 | -€863 | -15.6% |
| Cash at bank and in hand | 54/58 | €6,919 | €5,671 | -€1,248 | -18.0% |
| Deferred charges and accrued income | 490/1 | - | €15 | +€15 | |
| Total equity and liabilities | 10/49 | €16,585 | €28,627 | +€12,042 | +72.6% |
| Equity | 10/15 | €13,349 | €17,992 | +€4,643 | +34.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €8,349 | €12,992 | +€4,643 | +55.6% |
| Distributable reserves | 133 | €8,349 | €12,992 | +€4,643 | +55.6% |
| Amounts payable | 17/49 | €3,236 | €10,635 | +€7,400 | +228.7% |
| Amounts payable within one year | 42/48 | €3,236 | €10,635 | +€7,400 | +228.7% |
| Trade debts | 44 | €569 | €5,434 | +€4,864 | +854.2% |
| Suppliers | 440/4 | €569 | €5,434 | +€4,864 | +854.2% |
| Taxes, remuneration and social security | 45 | €2,666 | €4,147 | +€1,480 | +55.5% |
| Taxes | 450/3 | €2,346 | €3,826 | +€1,480 | +63.1% |
| Remuneration and social security | 454/9 | €321 | €321 | = | 0.0% |
| Other amounts payable | 47/48 | - | €1,055 | +€1,055 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,984 | €1,566 | -€418 | -21.1% |
| Other operating charges | 640/8 | €747 | - | -€747 | |
| Gross operating margin | 9900 | €18,575 | €7,853 | -€10,722 | -57.7% |
| Operating profit (loss) | 9901 | €15,844 | €6,287 | -€9,557 | -60.3% |
| Financial income | 75/76B | €0 | €0 | -€0 | -90.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -90.0% |
| Financial charges | 65/66B | €5,149 | €164 | -€4,985 | -96.8% |
| Recurring financial charges | 65 | €5,149 | €164 | -€4,985 | -96.8% |
| Profit (loss) for the period before taxes | 9903 | €10,695 | €6,123 | -€4,571 | -42.7% |
| Income taxes | 67/77 | €2,346 | €1,480 | -€866 | -36.9% |
| Profit (loss) for the period | 9904 | €8,349 | €4,643 | -€3,706 | -44.4% |
| Profit (loss) for the period to be appropriated | 9905 | €8,349 | €4,643 | -€3,706 | -44.4% |
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 6 October 2026 via checked.be.