A. BAKIJI 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.
A. BAKIJI CONSTRUCT
Largest movements
- Cash -€5,037
down €5,037 (-34.0%), from €14,793 to €9,757
mainly Net result for the year (-€11,546) and Stocks and contracts (-€3,162)
- Stocks and contracts +€3,162
new in 2025: €3,162
- Tangible fixed assets -€1,524
down €1,524 (-47.4%), from €3,216 to €1,692
- Profit (loss) carried forward -€11,546
down €11,546 (-68.6%), from -€16,839 to -€28,384
- Other debts +€9,661
up €9,661 (+35.1%), from €27,522 to €37,183
- Tax, wage and social debts -€1,868
down €1,868 (-92.7%), from €2,014 to €147
of which Remuneration and social security: -€2,003
- Gross operating margin +€1,366
up €1,366 (+11.8%), from -€11,593 to -€10,226
- Depreciation -€274
down €274 (-15.2%), from €1,798 to €1,524
- Financial income +€267
up €267 (+197%), from €136 to €403
- Other operating charges -€127
down €127 (-68.6%), from €185 to €58
From the 2024 result to the 2025 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 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €18,460 | €14,820 | -€3,640 | -19.7% |
| Fixed assets | 21/28 | €3,216 | €1,692 | -€1,524 | -47.4% |
| Tangible fixed assets | 22/27 | €3,216 | €1,692 | -€1,524 | -47.4% |
| Furniture and vehicles | 24 | €3,216 | €1,692 | -€1,524 | -47.4% |
| Current assets | 29/58 | €15,244 | €13,128 | -€2,116 | -13.9% |
| Stocks and contracts in progress | 3 | - | €3,162 | +€3,162 | |
| Stocks | 30/36 | - | €3,162 | +€3,162 | |
| Amounts receivable within one year | 40/41 | €196 | €55 | -€141 | -72.1% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €196 | €55 | -€141 | -72.1% |
| Cash at bank and in hand | 54/58 | €14,793 | €9,757 | -€5,037 | -34.0% |
| Deferred charges and accrued income | 490/1 | €255 | €155 | -€100 | -39.3% |
| Total equity and liabilities | 10/49 | €18,460 | €14,820 | -€3,640 | -19.7% |
| Equity | 10/15 | -€11,129 | -€22,675 | -€11,546 | -104% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €2,709 | €2,709 | = | 0.0% |
| Distributable reserves | 133 | €2,709 | €2,709 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€16,839 | -€28,384 | -€11,546 | -68.6% |
| Amounts payable | 17/49 | €29,589 | €37,495 | +€7,906 | +26.7% |
| Amounts payable within one year | 42/48 | €29,589 | €37,495 | +€7,906 | +26.7% |
| Trade debts | 44 | €53 | €165 | +€112 | +212% |
| Suppliers | 440/4 | €53 | €165 | +€112 | +212% |
| Taxes, remuneration and social security | 45 | €2,014 | €147 | -€1,868 | -92.7% |
| Taxes | 450/3 | €11 | €147 | +€135 | +1,179% |
| Remuneration and social security | 454/9 | €2,003 | €0 | -€2,003 | -100% |
| Other amounts payable | 47/48 | €27,522 | €37,183 | +€9,661 | +35.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,798 | €1,524 | -€274 | -15.2% |
| Other operating charges | 640/8 | €185 | €58 | -€127 | -68.6% |
| Gross operating margin | 9900 | -€11,593 | -€10,226 | +€1,366 | +11.8% |
| Operating profit (loss) | 9901 | -€13,575 | -€11,809 | +€1,767 | +13.0% |
| Financial income | 75/76B | €136 | €403 | +€267 | +197% |
| Recurring financial income | 75 | €136 | €403 | +€267 | +197% |
| Financial charges | 65/66B | €229 | €140 | -€89 | -38.8% |
| Recurring financial charges | 65 | €229 | €140 | -€89 | -38.8% |
| Profit (loss) for the period before taxes | 9903 | -€13,668 | -€11,546 | +€2,123 | +15.5% |
| Income taxes | 67/77 | €4 | €0 | -€4 | -100% |
| Profit (loss) for the period | 9904 | -€13,672 | -€11,546 | +€2,126 | +15.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€13,672 | -€11,546 | +€2,126 | +15.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.