LE BATELEUR: 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.
LE BATELEUR
Largest movements
- Cash -€46,747
down €46,747 (-55.3%), from €84,592 to €37,845
mainly Receivables within one year (-€39,158) and Net result for the year (-€12,746)
- Receivables within one year +€39,158
up €39,158 (+27.1%), from €144,402 to €183,560
of which Other amounts receivable: +€134,667
- Equity -€12,746
down €12,746 (-4.3%), from €295,184 to €282,438
of which Profit (loss) carried forward: -€12,746
- Gross operating margin +€8,395
up €8,395 (+49.8%), from -€16,871 to -€8,476
- Other operating charges +€2,035
new in 2021: €2,035
- Financial income +€1,109
new in 2021: €1,109
- Financial charges +€1,068
new in 2021: €1,068
- Taxes +€171
up €171, from -€18 to €153
From the 2020 result to the 2021 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 2020 and 2021 balance sheets and the 2021 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2020 | 2021 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €451,566 | €442,059 | -€9,507 | -2.1% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €222,358 | €220,435 | -€1,923 | -0.9% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €222,333 | €220,210 | -€2,123 | -1.0% |
| Land and buildings | 22 | - | €220,095 | +€220,095 | |
| Plant, machinery and equipment | 23 | - | €115 | +€115 | |
| Furniture and vehicles | 24 | - | €0 | = | |
| Financial fixed assets | 28 | €25 | €225 | +€200 | +806.8% |
| Current assets | 29/58 | €229,209 | €221,625 | -€7,584 | -3.3% |
| Amounts receivable within one year | 40/41 | €144,402 | €183,560 | +€39,158 | +27.1% |
| Trade receivables | 40 | - | €48,893 | +€48,893 | |
| Other amounts receivable | 41 | - | €134,667 | +€134,667 | |
| Cash at bank and in hand | 54/58 | €84,592 | €37,845 | -€46,747 | -55.3% |
| Deferred charges and accrued income | 490/1 | - | €220 | +€220 | |
| Total equity and liabilities | 10/49 | €451,566 | €442,059 | -€9,507 | -2.1% |
| Equity | 10/15 | €295,184 | €282,438 | -€12,746 | -4.3% |
| Contributions | 10/11 | €400,000 | €400,000 | = | 0.0% |
| Capital | 10 | - | €400,000 | +€400,000 | |
| Issued capital | 100 | - | €400,000 | +€400,000 | |
| Revaluation surpluses | 12 | - | €210,179 | +€210,179 | |
| Reserves | 13 | €58,750 | €58,750 | = | 0.0% |
| Non-distributable reserves | 130/1 | - | €40,000 | +€40,000 | |
| Legal reserve | 130 | - | €40,000 | +€40,000 | |
| Tax-exempt reserves | 132 | - | €18,750 | +€18,750 | |
| Profit (loss) carried forward | 14 | -€373,745 | -€386,491 | -€12,746 | -3.4% |
| Amounts payable | 17/49 | €156,383 | €159,622 | +€3,239 | +2.1% |
| Amounts payable within one year | 42/48 | €156,383 | €159,622 | +€3,239 | +2.1% |
| Trade debts | 44 | €1,377 | €4,415 | +€3,038 | +220.6% |
| Suppliers | 440/4 | - | €4,415 | +€4,415 | |
| Taxes, remuneration and social security | 45 | - | €207 | +€207 | |
| Taxes | 450/3 | - | €207 | +€207 | |
| Other amounts payable | 47/48 | - | €155,000 | +€155,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,123 | €2,123 | +€0 | 0.0% |
| Other operating charges | 640/8 | - | €2,035 | +€2,035 | |
| Gross operating margin | 9900 | -€16,871 | -€8,476 | +€8,395 | +49.8% |
| Operating profit (loss) | 9901 | -€41,190 | -€12,634 | +€28,556 | +69.3% |
| Financial income | 75/76B | - | €1,109 | +€1,109 | |
| Recurring financial income | 75 | €2,722 | €1,109 | -€1,613 | -59.2% |
| Financial charges | 65/66B | - | €1,068 | +€1,068 | |
| Recurring financial charges | 65 | €1,097 | €1,068 | -€29 | -2.6% |
| Profit (loss) for the period before taxes | 9903 | -€39,565 | -€12,593 | +€26,972 | +68.2% |
| Income taxes | 67/77 | -€18 | €153 | +€171 | |
| Profit (loss) for the period | 9904 | -€39,547 | -€12,746 | +€26,801 | +67.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€39,547 | -€12,746 | +€26,801 | +67.8% |
Source: filed annual accounts (NBB), financial years ended 30 September 2020 and 30 September 2021. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.