BACALIA: 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.
BACALIA
Largest movements
- Tangible fixed assets +€1.6m
up €1.6m (+324%), from €479,112 to €2.0m
- Receivables within one year -€261,478
down €261,478 (-72.2%), from €362,397 to €100,919
of which Trade receivables: -€259,081
- Debts after one year +€1.3m
up €1.3m (+450%), from €281,100 to €1.5m
- Other debts -€158,670
down €158,670 (-72.1%), from €220,000 to €61,330
- Reserves +€88,605
up €88,605 (+3.1%), from €2.9m to €2.9m
- Current portion of long-term debt +€73,750
up €73,750 (+254%), from €29,080 to €102,830
- Financial income -€70,630
down €70,630 (-10.1%), from €700,000 to €629,370
- Financial charges +€51,728
up €51,728 (+639%), from €8,100 to €59,828
of which Financial charges: +€51,028
- Depreciation +€36,160
up €36,160 (+319%), from €11,340 to €47,500
- Taxes -€21,350
down €21,350 (-28.9%), from €73,850 to €52,500
- Gross operating margin +€11,226
up €11,226 (+19.9%), from €56,412 to €67,638
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 | €3,505,762 | €4,795,395 | +€1.3m | +36.8% |
| Fixed assets | 21/28 | €3,133,455 | €4,685,956 | +€1.6m | +49.5% |
| Tangible fixed assets | 22/27 | €479,112 | €2,031,613 | +€1.6m | +324% |
| Land and buildings | 22 | €479,112 | €2,031,613 | +€1.6m | +324% |
| Financial fixed assets | 28 | €2,654,343 | €2,654,343 | = | 0.0% |
| Current assets | 29/58 | €372,307 | €109,439 | -€262,868 | -70.6% |
| Amounts receivable within one year | 40/41 | €362,397 | €100,919 | -€261,478 | -72.2% |
| Trade receivables | 40 | €360,000 | €100,919 | -€259,081 | -72.0% |
| Other amounts receivable | 41 | €2,397 | - | -€2,397 | |
| Cash at bank and in hand | 54/58 | €4,448 | €6,771 | +€2,323 | +52.2% |
| Deferred charges and accrued income | 490/1 | €5,462 | €1,749 | -€3,713 | -68.0% |
| Total equity and liabilities | 10/49 | €3,505,762 | €4,795,395 | +€1.3m | +36.8% |
| Equity | 10/15 | €2,898,836 | €2,992,336 | +€93,500 | +3.2% |
| Contributions | 10/11 | €18,700 | €18,700 | = | 0.0% |
| Reserves | 13 | €2,857,483 | €2,946,088 | +€88,605 | +3.1% |
| Distributable reserves | 133 | €2,857,483 | €2,946,088 | +€88,605 | +3.1% |
| Profit (loss) carried forward | 14 | €22,653 | €27,548 | +€4,895 | +21.6% |
| Amounts payable | 17/49 | €606,926 | €1,803,059 | +€1.2m | +197% |
| Amounts payable after more than one year | 17 | €281,100 | €1,546,065 | +€1.3m | +450% |
| Financial debts | 170/4 | €281,100 | €1,546,065 | +€1.3m | +450% |
| Amounts payable within one year | 42/48 | €325,826 | €256,994 | -€68,832 | -21.1% |
| Current portion of amounts payable after more than one year | 42 | €29,080 | €102,830 | +€73,750 | +254% |
| Trade debts | 44 | €107 | €12,535 | +€12,428 | +11,615% |
| Suppliers | 440/4 | €107 | €12,535 | +€12,428 | +11,615% |
| Taxes, remuneration and social security | 45 | €76,639 | €80,299 | +€3,660 | +4.8% |
| Taxes | 450/3 | €76,639 | €80,299 | +€3,660 | +4.8% |
| Other amounts payable | 47/48 | €220,000 | €61,330 | -€158,670 | -72.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,340 | €47,500 | +€36,160 | +319% |
| Other operating charges | 640/8 | €960 | €7,285 | +€6,325 | +659% |
| Gross operating margin | 9900 | €56,412 | €67,638 | +€11,226 | +19.9% |
| Operating profit (loss) | 9901 | €44,112 | €12,853 | -€31,259 | -70.9% |
| Financial income | 75/76B | €700,000 | €629,370 | -€70,630 | -10.1% |
| Recurring financial income | 75 | €700,000 | €629,370 | -€70,630 | -10.1% |
| Financial charges | 65/66B | €8,100 | €59,828 | +€51,728 | +639% |
| Recurring financial charges | 65 | €8,100 | €59,128 | +€51,028 | +630% |
| Non-recurring financial charges | 66B | - | €700 | +€700 | |
| Profit (loss) for the period before taxes | 9903 | €736,012 | €582,395 | -€153,617 | -20.9% |
| Income taxes | 67/77 | €73,850 | €52,500 | -€21,350 | -28.9% |
| Profit (loss) for the period | 9904 | €662,162 | €529,895 | -€132,267 | -20.0% |
| Profit (loss) for the period to be appropriated | 9905 | €662,162 | €529,895 | -€132,267 | -20.0% |
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 13 October 2026 via checked.be.