BAA INVEST: 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.
BAA INVEST
Largest movements
- Cash -€216,726
down €216,726 (-89.3%), from €242,671 to €25,945
mainly Other debts (-€150,527) and Receivables within one year (-€138,192)
- Receivables within one year +€138,192
up €138,192 (+372%), from €37,100 to €175,292
of which Other amounts receivable: +€142,064
- Other debts -€150,527
down €150,527 (-63.8%), from €235,821 to €85,294
- Profit (loss) carried forward +€75,718
up €75,718 (+3,621%), from €2,091 to €77,809
- Tax, wage and social debts -€3,726
down €3,726 (-7.8%), from €47,719 to €43,993
of which Taxes: -€2,226
- Gross operating margin -€88,512
down €88,512 (-53.8%), from €164,383 to €75,871
- Taxes -€84,192
no longer reported in 2024 (was €84,192)
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 | €306,090 | €227,556 | -€78,534 | -25.7% |
| Fixed assets | 21/28 | €22,000 | €22,000 | = | 0.0% |
| Financial fixed assets | 28 | €22,000 | €22,000 | = | 0.0% |
| Current assets | 29/58 | €284,090 | €205,556 | -€78,534 | -27.6% |
| Amounts receivable after more than one year | 29 | €4,319 | €4,319 | = | 0.0% |
| Other amounts receivable | 291 | €4,319 | €4,319 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €37,100 | €175,292 | +€138,192 | +372% |
| Trade receivables | 40 | €37,100 | €33,228 | -€3,872 | -10.4% |
| Other amounts receivable | 41 | - | €142,064 | +€142,064 | |
| Cash at bank and in hand | 54/58 | €242,671 | €25,945 | -€216,726 | -89.3% |
| Total equity and liabilities | 10/49 | €306,090 | €227,556 | -€78,534 | -25.7% |
| Equity | 10/15 | €22,551 | €98,269 | +€75,718 | +336% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,091 | €77,809 | +€75,718 | +3,621% |
| Amounts payable | 17/49 | €283,539 | €129,287 | -€154,252 | -54.4% |
| Amounts payable within one year | 42/48 | €283,539 | €129,287 | -€154,252 | -54.4% |
| Taxes, remuneration and social security | 45 | €47,719 | €43,993 | -€3,726 | -7.8% |
| Taxes | 450/3 | €46,219 | €43,993 | -€2,226 | -4.8% |
| Remuneration and social security | 454/9 | €1,500 | - | -€1,500 | |
| Other amounts payable | 47/48 | €235,821 | €85,294 | -€150,527 | -63.8% |
| Gross operating margin | 9900 | €164,383 | €75,871 | -€88,512 | -53.8% |
| Operating profit (loss) | 9901 | €164,383 | €75,871 | -€88,512 | -53.8% |
| Financial charges | 65/66B | €564 | €153 | -€411 | -72.9% |
| Recurring financial charges | 65 | €564 | €153 | -€411 | -72.9% |
| Profit (loss) for the period before taxes | 9903 | €163,819 | €75,718 | -€88,101 | -53.8% |
| Income taxes | 67/77 | €84,192 | - | -€84,192 | |
| Profit (loss) for the period | 9904 | €79,627 | €75,718 | -€3,909 | -4.9% |
| Profit (loss) for the period to be appropriated | 9905 | €79,627 | €75,718 | -€3,909 | -4.9% |
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 1 November 2026 via checked.be.