Nico Bati Construct: 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.
Nico Bati Construct
Largest movements
- Receivables within one year +€71,056
up €71,056 (+196%), from €36,297 to €107,352
of which Other amounts receivable: +€63,608
- Cash -€1,830
down €1,830 (-55.9%), from €3,274 to €1,444
mainly Receivables within one year (-€71,056) and Trade debts (-€10,252)
- Advances received +€61,820
new in 2024: €61,820
- Reserves +€12,014
up €12,014 (+4,129%), from €291 to €12,305
of which Distributable reserves: +€12,014
- Trade debts -€10,252
down €10,252 (-86.9%), from €11,794 to €1,542
- Tax, wage and social debts +€5,939
up €5,939 (+71.9%), from €8,256 to €14,196
- Gross operating margin -€9,733
down €9,733 (-31.8%), from €30,579 to €20,846
- Other operating charges +€4,490
up €4,490 (+3,650%), from €123 to €4,613
- Taxes -€2,317
down €2,317 (-28.1%), from €8,256 to €5,939
- Financial income +€2,078
up €2,078 (+1,595%), from €130 to €2,208
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 | €40,096 | €109,618 | +€69,522 | +173% |
| Fixed assets | 21/28 | €525 | €342 | -€183 | -34.9% |
| Tangible fixed assets | 22/27 | €525 | €342 | -€183 | -34.9% |
| Furniture and vehicles | 24 | €525 | €342 | -€183 | -34.9% |
| Current assets | 29/58 | €39,571 | €109,276 | +€69,705 | +176% |
| Amounts receivable within one year | 40/41 | €36,297 | €107,352 | +€71,056 | +196% |
| Trade receivables | 40 | €28,148 | €35,596 | +€7,448 | +26.5% |
| Other amounts receivable | 41 | €8,148 | €71,756 | +€63,608 | +781% |
| Cash at bank and in hand | 54/58 | €3,274 | €1,444 | -€1,830 | -55.9% |
| Deferred charges and accrued income | 490/1 | - | €479 | +€479 | |
| Total equity and liabilities | 10/49 | €40,096 | €109,618 | +€69,522 | +173% |
| Equity | 10/15 | €20,045 | €32,060 | +€12,014 | +59.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €291 | €12,305 | +€12,014 | +4,129% |
| Non-distributable reserves | 130/1 | €291 | €291 | = | 0.0% |
| Reserves not available under the articles | 1311 | €291 | €291 | = | 0.0% |
| Distributable reserves | 133 | - | €12,014 | +€12,014 | |
| Profit (loss) carried forward | 14 | €13,554 | €13,554 | = | 0.0% |
| Amounts payable | 17/49 | €20,051 | €77,558 | +€57,507 | +287% |
| Amounts payable within one year | 42/48 | €20,051 | €77,558 | +€57,507 | +287% |
| Trade debts | 44 | €11,794 | €1,542 | -€10,252 | -86.9% |
| Suppliers | 440/4 | €11,794 | €1,542 | -€10,252 | -86.9% |
| Advances received on contracts in progress | 46 | - | €61,820 | +€61,820 | |
| Taxes, remuneration and social security | 45 | €8,256 | €14,196 | +€5,939 | +71.9% |
| Taxes | 450/3 | €8,256 | €14,196 | +€5,939 | +71.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €345 | €183 | -€162 | -46.9% |
| Other operating charges | 640/8 | €123 | €4,613 | +€4,490 | +3,650% |
| Gross operating margin | 9900 | €30,579 | €20,846 | -€9,733 | -31.8% |
| Operating profit (loss) | 9901 | €30,111 | €16,050 | -€14,061 | -46.7% |
| Financial income | 75/76B | €130 | €2,208 | +€2,078 | +1,595% |
| Recurring financial income | 75 | €130 | €2,208 | +€2,078 | +1,595% |
| Financial charges | 65/66B | €371 | €304 | -€68 | -18.2% |
| Recurring financial charges | 65 | €371 | €304 | -€68 | -18.2% |
| Profit (loss) for the period before taxes | 9903 | €29,870 | €17,954 | -€11,916 | -39.9% |
| Income taxes | 67/77 | €8,256 | €5,939 | -€2,317 | -28.1% |
| Profit (loss) for the period | 9904 | €21,613 | €12,014 | -€9,599 | -44.4% |
| Profit (loss) for the period to be appropriated | 9905 | €21,613 | €12,014 | -€9,599 | -44.4% |
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 15 October 2026 via checked.be.