BACA: 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.
BACA
Largest movements
- Tangible fixed assets +€9,515
up €9,515 (+147%), from €6,481 to €15,997
of which Furniture and vehicles: +€9,987
- Receivables within one year -€5,490
down €5,490 (-38.0%), from €14,459 to €8,969
of which Other amounts receivable: -€3,779
- Current portion of long-term debt +€6,231
new in 2025: €6,231
- Debts after one year +€5,419
new in 2025: €5,419
- Short-term financial debts -€3,123
no longer reported in 2025 (was €3,123)
- Tax, wage and social debts -€3,055
down €3,055 (-50.5%), from €6,055 to €3,000
of which Taxes: -€3,055
- Profit (loss) carried forward -€2,157
down €2,157 (-106%), from -€2,041 to -€4,199
- Depreciation +€791
up €791 (+33.6%), from €2,354 to €3,145
- Gross operating margin +€646
up €646 (+33.6%), from €1,924 to €2,570
- Financial income +€125
up €125 (+28,452%), from €0 to €126
- Financial charges +€112
up €112 (+17.1%), from €656 to €768
- Taxes -€67
down €67, from €33 to -€33
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 | €87,390 | €92,307 | +€4,917 | +5.6% |
| Fixed assets | 21/28 | €6,481 | €15,997 | +€9,515 | +147% |
| Tangible fixed assets | 22/27 | €6,481 | €15,997 | +€9,515 | +147% |
| Furniture and vehicles | 24 | €4,242 | €14,229 | +€9,987 | +235% |
| Other tangible fixed assets | 26 | €2,239 | €1,768 | -€472 | -21.1% |
| Current assets | 29/58 | €80,909 | €76,310 | -€4,598 | -5.7% |
| Amounts receivable within one year | 40/41 | €14,459 | €8,969 | -€5,490 | -38.0% |
| Trade receivables | 40 | €9,075 | €7,365 | -€1,710 | -18.8% |
| Other amounts receivable | 41 | €5,384 | €1,604 | -€3,779 | -70.2% |
| Cash at bank and in hand | 54/58 | €49,668 | €50,397 | +€729 | +1.5% |
| Deferred charges and accrued income | 490/1 | €16,782 | €16,944 | +€162 | +1.0% |
| Total equity and liabilities | 10/49 | €87,390 | €92,307 | +€4,917 | +5.6% |
| Equity | 10/15 | €75,813 | €73,656 | -€2,157 | -2.8% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €75,854 | €75,854 | = | 0.0% |
| Distributable reserves | 133 | €75,854 | €75,854 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,041 | -€4,199 | -€2,157 | -106% |
| Amounts payable | 17/49 | €11,577 | €18,652 | +€7,075 | +61.1% |
| Amounts payable after more than one year | 17 | - | €5,419 | +€5,419 | |
| Financial debts | 170/4 | - | €5,419 | +€5,419 | |
| Amounts payable within one year | 42/48 | €11,577 | €13,233 | +€1,656 | +14.3% |
| Current portion of amounts payable after more than one year | 42 | - | €6,231 | +€6,231 | |
| Financial debts | 43 | €3,123 | - | -€3,123 | |
| Credit institutions | 430/8 | €3,123 | - | -€3,123 | |
| Trade debts | 44 | €2,318 | €4,001 | +€1,684 | +72.7% |
| Suppliers | 440/4 | €2,318 | €4,001 | +€1,684 | +72.7% |
| Taxes, remuneration and social security | 45 | €6,055 | €3,000 | -€3,055 | -50.5% |
| Taxes | 450/3 | €3,055 | - | -€3,055 | |
| Remuneration and social security | 454/9 | €3,000 | €3,000 | = | 0.0% |
| Other amounts payable | 47/48 | €82 | - | -€82 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,354 | €3,145 | +€791 | +33.6% |
| Other operating charges | 640/8 | €922 | €973 | +€51 | +5.5% |
| Gross operating margin | 9900 | €1,924 | €2,570 | +€646 | +33.6% |
| Operating profit (loss) | 9901 | -€1,353 | -€1,548 | -€196 | -14.5% |
| Financial income | 75/76B | €0 | €126 | +€125 | +28,452% |
| Recurring financial income | 75 | €0 | €126 | +€125 | +28,452% |
| Financial charges | 65/66B | €656 | €768 | +€112 | +17.1% |
| Recurring financial charges | 65 | €656 | €768 | +€112 | +17.1% |
| Profit (loss) for the period before taxes | 9903 | -€2,008 | -€2,191 | -€183 | -9.1% |
| Income taxes | 67/77 | €33 | -€33 | -€67 | |
| Profit (loss) for the period | 9904 | -€2,041 | -€2,157 | -€116 | -5.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,041 | -€2,157 | -€116 | -5.7% |
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.