I.S.BATTH: 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.
I.S.BATTH
Largest movements
- Receivables within one year -€16,736
down €16,736 (-92.1%), from €18,164 to €1,428
- Cash -€11,677
down €11,677 (-15.0%), from €77,794 to €66,117
mainly Other debts (-€214,685) and Investment in fixed assets (net) (-€31,385)
- Other debts -€214,685
down €214,685 (-39.1%), from €548,856 to €334,170
- Debts after one year +€174,631
up €174,631 (+380%), from €45,901 to €220,532
- Current portion of long-term debt +€7,308
up €7,308 (+68.6%), from €10,660 to €17,968
- Other operating charges +€41,820
up €41,820 (+12,086%), from €346 to €42,166
- Depreciation +€22,685
up €22,685 (+220%), from €10,324 to €33,009
- Taxes -€8,624
down €8,624 (-79.5%), from €10,843 to €2,220
- Financial charges +€6,717
up €6,717 (+3,143%), from €214 to €6,931
- Gross operating margin +€2,679
up €2,679 (+3.2%), from €85,047 to €87,727
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 | €703,333 | €672,532 | -€30,801 | -4.4% |
| Fixed assets | 21/28 | €603,891 | €602,267 | -€1,624 | -0.3% |
| Tangible fixed assets | 22/27 | €603,891 | €602,267 | -€1,624 | -0.3% |
| Land and buildings | 22 | €475,000 | €461,938 | -€13,063 | -2.8% |
| Plant, machinery and equipment | 23 | €107,889 | €98,457 | -€9,431 | -8.7% |
| Furniture and vehicles | 24 | €21,002 | €41,872 | +€20,870 | +99.4% |
| Current assets | 29/58 | €99,442 | €70,265 | -€29,177 | -29.3% |
| Amounts receivable within one year | 40/41 | €18,164 | €1,428 | -€16,736 | -92.1% |
| Other amounts receivable | 41 | €18,164 | €1,428 | -€16,736 | -92.1% |
| Cash at bank and in hand | 54/58 | €77,794 | €66,117 | -€11,677 | -15.0% |
| Deferred charges and accrued income | 490/1 | €3,485 | €2,720 | -€765 | -21.9% |
| Total equity and liabilities | 10/49 | €703,333 | €672,532 | -€30,801 | -4.4% |
| Equity | 10/15 | €79,667 | €83,124 | +€3,457 | +4.3% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €59,667 | €63,124 | +€3,457 | +5.8% |
| Distributable reserves | 133 | €59,667 | €63,124 | +€3,457 | +5.8% |
| Amounts payable | 17/49 | €623,666 | €589,408 | -€34,258 | -5.5% |
| Amounts payable after more than one year | 17 | €45,901 | €220,532 | +€174,631 | +380% |
| Financial debts | 170/4 | €45,901 | €220,532 | +€174,631 | +380% |
| Amounts payable within one year | 42/48 | €577,765 | €368,625 | -€209,140 | -36.2% |
| Current portion of amounts payable after more than one year | 42 | €10,660 | €17,968 | +€7,308 | +68.6% |
| Trade debts | 44 | €6,942 | €2,889 | -€4,053 | -58.4% |
| Suppliers | 440/4 | €6,942 | €2,889 | -€4,053 | -58.4% |
| Taxes, remuneration and social security | 45 | €11,307 | €13,598 | +€2,291 | +20.3% |
| Taxes | 450/3 | €11,307 | €13,598 | +€2,291 | +20.3% |
| Other amounts payable | 47/48 | €548,856 | €334,170 | -€214,685 | -39.1% |
| Accrued charges and deferred income | 492/3 | - | €250 | +€250 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,324 | €33,009 | +€22,685 | +220% |
| Other operating charges | 640/8 | €346 | €42,166 | +€41,820 | +12,086% |
| Gross operating margin | 9900 | €85,047 | €87,727 | +€2,679 | +3.2% |
| Operating profit (loss) | 9901 | €74,377 | €12,551 | -€61,825 | -83.1% |
| Financial income | 75/76B | - | €56 | +€56 | |
| Recurring financial income | 75 | - | €56 | +€56 | |
| Financial charges | 65/66B | €214 | €6,931 | +€6,717 | +3,143% |
| Recurring financial charges | 65 | €214 | €6,931 | +€6,717 | +3,143% |
| Profit (loss) for the period before taxes | 9903 | €74,163 | €5,677 | -€68,486 | -92.3% |
| Income taxes | 67/77 | €10,843 | €2,220 | -€8,624 | -79.5% |
| Profit (loss) for the period | 9904 | €63,320 | €3,457 | -€59,863 | -94.5% |
| Profit (loss) for the period to be appropriated | 9905 | €63,320 | €3,457 | -€59,863 | -94.5% |
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 14 October 2026 via checked.be.