Alain Bauduin Management: 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.
Alain Bauduin Management
Largest movements
- Receivables within one year +€83,101
up €83,101 (+62.0%), from €133,954 to €217,055
of which Other amounts receivable: +€86,731
- Cash +€28,079
up €28,079 (+216%), from €13,029 to €41,108
mainly Other debts (+€260,375) and Net result for the year (+€95,609)
- Deferred charges and accrued income +€10,780
new in 2025: €10,780
- Other debts +€260,375
up €260,375 (+2,517%), from €10,344 to €270,719
- Reserves -€222,884
down €222,884 (-76.1%), from €292,713 to €69,829
- Tax, wage and social debts +€83,538
up €83,538 (+216%), from €38,694 to €122,233
- Gross operating margin +€17,813
up €17,813 (+18.3%), from €97,387 to €115,200
- Financial income +€10,716
up €10,716 (+188%), from €5,690 to €16,406
- Taxes +€3,273
up €3,273 (+10.1%), from €32,539 to €35,812
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 | €346,983 | €468,944 | +€121,960 | +35.1% |
| Current assets | 29/58 | €346,983 | €468,944 | +€121,960 | +35.1% |
| Amounts receivable after more than one year | 29 | €200,000 | €200,000 | = | 0.0% |
| Other amounts receivable | 291 | €200,000 | €200,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €133,954 | €217,055 | +€83,101 | +62.0% |
| Trade receivables | 40 | €3,630 | - | -€3,630 | |
| Other amounts receivable | 41 | €130,324 | €217,055 | +€86,731 | +66.6% |
| Cash at bank and in hand | 54/58 | €13,029 | €41,108 | +€28,079 | +216% |
| Deferred charges and accrued income | 490/1 | - | €10,780 | +€10,780 | |
| Total equity and liabilities | 10/49 | €346,983 | €468,944 | +€121,960 | +35.1% |
| Equity | 10/15 | €296,713 | €73,829 | -€222,884 | -75.1% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €292,713 | €69,829 | -€222,884 | -76.1% |
| Distributable reserves | 133 | €292,713 | €69,829 | -€222,884 | -76.1% |
| Amounts payable | 17/49 | €50,270 | €395,115 | +€344,845 | +686% |
| Amounts payable within one year | 42/48 | €50,270 | €395,115 | +€344,845 | +686% |
| Trade debts | 44 | €1,231 | €2,163 | +€931 | +75.6% |
| Suppliers | 440/4 | €1,231 | €2,163 | +€931 | +75.6% |
| Taxes, remuneration and social security | 45 | €38,694 | €122,233 | +€83,538 | +216% |
| Taxes | 450/3 | €38,694 | €122,233 | +€83,538 | +216% |
| Other amounts payable | 47/48 | €10,344 | €270,719 | +€260,375 | +2,517% |
| Gross operating margin | 9900 | €97,387 | €115,200 | +€17,813 | +18.3% |
| Operating profit (loss) | 9901 | €97,387 | €115,200 | +€17,813 | +18.3% |
| Financial income | 75/76B | €5,690 | €16,406 | +€10,716 | +188% |
| Recurring financial income | 75 | €5,690 | €16,406 | +€10,716 | +188% |
| Financial charges | 65/66B | €708 | €185 | -€523 | -73.9% |
| Recurring financial charges | 65 | €708 | €185 | -€523 | -73.9% |
| Profit (loss) for the period before taxes | 9903 | €102,368 | €131,421 | +€29,053 | +28.4% |
| Income taxes | 67/77 | €32,539 | €35,812 | +€3,273 | +10.1% |
| Profit (loss) for the period | 9904 | €69,829 | €95,609 | +€25,780 | +36.9% |
| Profit (loss) for the period to be appropriated | 9905 | €69,829 | €95,609 | +€25,780 | +36.9% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.