BAC AGENCY: 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.
BAC AGENCY
Largest movements
- Cash +€41,695
up €41,695 (+237%), from €17,564 to €59,259
mainly Depreciation (+€26,829) and Receivables within one year (+€17,698)
- Tangible fixed assets -€21,309
down €21,309 (-28.1%), from €75,803 to €54,493
of which Furniture and vehicles: -€16,919
- Receivables within one year -€17,698
down €17,698 (-14.8%), from €119,288 to €101,590
of which Trade receivables: -€21,389
- Deferred charges and accrued income +€9,170
up €9,170 (+98.3%), from €9,329 to €18,498
- Intangible fixed assets -€3,920
down €3,920 (-29.9%), from €13,116 to €9,195
- Debts after one year -€16,039
down €16,039 (-44.5%), from €36,054 to €20,015
- Trade debts +€13,145
up €13,145 (+122%), from €10,777 to €23,922
- Other debts +€11,740
up €11,740 (+371%), from €3,167 to €14,907
- Tax, wage and social debts +€10,583
up €10,583 (+20.1%), from €52,537 to €63,120
of which Taxes: +€8,768
- Current portion of long-term debt -€7,969
down €7,969 (-33.2%), from €24,008 to €16,039
- Staff costs +€38,046
up €38,046 (+15.7%), from €242,112 to €280,159
- Gross operating margin +€33,191
up €33,191 (+10.8%), from €306,745 to €339,936
- Write-downs +€6,685
new in 2025: €6,685
- Depreciation +€6,009
up €6,009 (+28.9%), from €20,819 to €26,829
- Taxes -€4,840
down €4,840 (-36.8%), from €13,169 to €8,329
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 | €236,249 | €244,185 | +€7,936 | +3.4% |
| Fixed assets | 21/28 | €90,068 | €64,839 | -€25,229 | -28.0% |
| Intangible fixed assets | 21 | €13,116 | €9,195 | -€3,920 | -29.9% |
| Tangible fixed assets | 22/27 | €75,803 | €54,493 | -€21,309 | -28.1% |
| Land and buildings | 22 | €2,815 | €1,970 | -€845 | -30.0% |
| Plant, machinery and equipment | 23 | €2,332 | €605 | -€1,727 | -74.0% |
| Furniture and vehicles | 24 | €52,596 | €35,677 | -€16,919 | -32.2% |
| Other tangible fixed assets | 26 | €18,060 | €16,241 | -€1,818 | -10.1% |
| Financial fixed assets | 28 | €1,150 | €1,150 | = | 0.0% |
| Current assets | 29/58 | €146,181 | €179,346 | +€33,166 | +22.7% |
| Amounts receivable within one year | 40/41 | €119,288 | €101,590 | -€17,698 | -14.8% |
| Trade receivables | 40 | €109,603 | €88,213 | -€21,389 | -19.5% |
| Other amounts receivable | 41 | €9,685 | €13,376 | +€3,691 | +38.1% |
| Cash at bank and in hand | 54/58 | €17,564 | €59,259 | +€41,695 | +237% |
| Deferred charges and accrued income | 490/1 | €9,329 | €18,498 | +€9,170 | +98.3% |
| Total equity and liabilities | 10/49 | €236,249 | €244,185 | +€7,936 | +3.4% |
| Equity | 10/15 | €65,084 | €65,084 | = | 0.0% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €13,500 | €13,500 | = | 0.0% |
| Distributable reserves | 133 | €13,500 | €13,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €26,584 | €26,584 | = | 0.0% |
| Amounts payable | 17/49 | €171,165 | €179,102 | +€7,936 | +4.6% |
| Amounts payable after more than one year | 17 | €36,054 | €20,015 | -€16,039 | -44.5% |
| Financial debts | 170/4 | €36,054 | €20,015 | -€16,039 | -44.5% |
| Amounts payable within one year | 42/48 | €131,572 | €159,087 | +€27,515 | +20.9% |
| Current portion of amounts payable after more than one year | 42 | €24,008 | €16,039 | -€7,969 | -33.2% |
| Financial debts | 43 | €41,083 | €41,099 | +€16 | 0.0% |
| Credit institutions | 430/8 | €41,083 | €41,099 | +€16 | 0.0% |
| Trade debts | 44 | €10,777 | €23,922 | +€13,145 | +122% |
| Suppliers | 440/4 | €10,777 | €23,922 | +€13,145 | +122% |
| Taxes, remuneration and social security | 45 | €52,537 | €63,120 | +€10,583 | +20.1% |
| Taxes | 450/3 | €21,322 | €30,090 | +€8,768 | +41.1% |
| Remuneration and social security | 454/9 | €31,215 | €33,030 | +€1,815 | +5.8% |
| Other amounts payable | 47/48 | €3,167 | €14,907 | +€11,740 | +371% |
| Accrued charges and deferred income | 492/3 | €3,540 | - | -€3,540 | |
| Remuneration, social security and pensions | 62 | €242,112 | €280,159 | +€38,046 | +15.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,819 | €26,829 | +€6,009 | +28.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €6,685 | +€6,685 | |
| Other operating charges | 640/8 | €2,733 | €3,037 | +€304 | +11.1% |
| Gross operating margin | 9900 | €306,745 | €339,936 | +€33,191 | +10.8% |
| Operating profit (loss) | 9901 | €41,081 | €23,227 | -€17,854 | -43.5% |
| Financial income | 75/76B | €106 | €170 | +€64 | +60.8% |
| Recurring financial income | 75 | €106 | €170 | +€64 | +60.8% |
| Financial charges | 65/66B | €5,565 | €5,365 | -€200 | -3.6% |
| Recurring financial charges | 65 | €5,565 | €5,365 | -€200 | -3.6% |
| Profit (loss) for the period before taxes | 9903 | €35,622 | €18,032 | -€17,590 | -49.4% |
| Income taxes | 67/77 | €13,169 | €8,329 | -€4,840 | -36.8% |
| Profit (loss) for the period | 9904 | €22,453 | €9,703 | -€12,750 | -56.8% |
| Profit (loss) for the period to be appropriated | 9905 | €22,453 | €9,703 | -€12,750 | -56.8% |
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 19 October 2026 via checked.be.