BAAK: what changed
Two fiscal 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.
BAAK
Largest movements
- Cash +€67,657
up €67,657 (+117.6%), from €57,509 to €125,166
mainly Net result for the year (+€59,779) and Other debts (+€3,966)
- Tangible fixed assets -€2,219
down €2,219 (-100.0%), from €2,219 to €0
- Receivables within one year -€1,738
down €1,738 (-18.4%), from €9,468 to €7,729
- Reserves +€59,779
up €59,779 (+79.7%), from €74,988 to €134,767
- Other debts +€3,966
up €3,966 (+273.7%), from €1,449 to €5,415
- Gross operating margin +€27,087
up €27,087 (+46.1%), from €58,752 to €85,839
- Taxes +€9,140
up €9,140 (+64.8%), from €14,099 to €23,239
- Depreciation -€5,972
down €5,972 (-72.9%), from €8,191 to €2,219
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.
Cash bridge derived
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 | €104,295 | €167,995 | +€63,700 | +61.1% |
| Fixed assets | 21/28 | €2,319 | €100 | -€2,219 | -95.7% |
| Tangible fixed assets | 22/27 | €2,219 | €0 | -€2,219 | -100.0% |
| Furniture and vehicles | 24 | €2,219 | €0 | -€2,219 | -100.0% |
| Financial fixed assets | 28 | €100 | €100 | = | 0.0% |
| Current assets | 29/58 | €101,977 | €167,895 | +€65,919 | +64.6% |
| Amounts receivable after more than one year | 29 | €35,000 | €35,000 | = | 0.0% |
| Trade receivables | 290 | €35,000 | €0 | -€35,000 | -100.0% |
| Other amounts receivable | 291 | - | €35,000 | +€35,000 | |
| Amounts receivable within one year | 40/41 | €9,468 | €7,729 | -€1,738 | -18.4% |
| Other amounts receivable | 41 | €9,468 | €7,729 | -€1,738 | -18.4% |
| Cash at bank and in hand | 54/58 | €57,509 | €125,166 | +€67,657 | +117.6% |
| Total equity and liabilities | 10/49 | €104,295 | €167,995 | +€63,700 | +61.1% |
| Equity | 10/15 | €93,588 | €153,367 | +€59,779 | +63.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €74,988 | €134,767 | +€59,779 | +79.7% |
| Distributable reserves | 133 | €74,988 | €134,767 | +€59,779 | +79.7% |
| Amounts payable | 17/49 | €10,707 | €14,628 | +€3,921 | +36.6% |
| Amounts payable within one year | 42/48 | €10,707 | €14,628 | +€3,921 | +36.6% |
| Trade debts | 44 | €2,568 | €1,242 | -€1,326 | -51.6% |
| Suppliers | 440/4 | €2,568 | €1,242 | -€1,326 | -51.6% |
| Taxes, remuneration and social security | 45 | €6,690 | €7,971 | +€1,281 | +19.2% |
| Taxes | 450/3 | €6,690 | €7,971 | +€1,281 | +19.2% |
| Other amounts payable | 47/48 | €1,449 | €5,415 | +€3,966 | +273.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,191 | €2,219 | -€5,972 | -72.9% |
| Other operating charges | 640/8 | €1,534 | €1,356 | -€178 | -11.6% |
| Gross operating margin | 9900 | €58,752 | €85,839 | +€27,087 | +46.1% |
| Operating profit (loss) | 9901 | €49,028 | €82,265 | +€33,237 | +67.8% |
| Financial income | 75/76B | €700 | €911 | +€211 | +30.1% |
| Recurring financial income | 75 | €700 | €911 | +€211 | +30.1% |
| Financial charges | 65/66B | €190 | €158 | -€32 | -16.9% |
| Recurring financial charges | 65 | €190 | €158 | -€32 | -16.9% |
| Profit (loss) for the period before taxes | 9903 | €49,538 | €83,018 | +€33,480 | +67.6% |
| Income taxes | 67/77 | €14,099 | €23,239 | +€9,140 | +64.8% |
| Profit (loss) for the period | 9904 | €35,439 | €59,779 | +€24,340 | +68.7% |
| Profit (loss) for the period to be appropriated | 9905 | €35,439 | €59,779 | +€24,340 | +68.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.