BACCALAMEO: 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.
BACCALAMEO
Largest movements
- Cash +€35,412
up €35,412 (+102%), from €34,833 to €70,245
mainly Other debts (+€42,645) and Net result for the year (+€33,840)
- Tangible fixed assets +€23,082
new in 2024: €23,082
- Receivables within one year +€17,264
new in 2024: €17,264
- Intangible fixed assets -€8,286
down €8,286 (-15.6%), from €53,119 to €44,834
- Stocks and contracts +€3,017
new in 2024: €3,017
- Other debts +€42,645
up €42,645 (+879%), from €4,851 to €47,496
- Profit (loss) carried forward +€18,840
up €18,840 (+33.3%), from €56,518 to €75,358
- Trade debts +€5,713
up €5,713 (+875%), from €653 to €6,366
- Tax, wage and social debts +€3,653
up €3,653 (+13.3%), from €27,474 to €31,127
- Gross operating margin -€48,562
down €48,562 (-47.3%), from €102,657 to €54,095
- Taxes -€17,515
down €17,515 (-75.4%), from €23,225 to €5,710
- Staff costs -€12,467
no longer reported in 2024 (was €12,467)
- Depreciation +€4,672
up €4,672 (+78.2%), from €5,973 to €10,644
- Other operating charges -€2,826
down €2,826 (-63.9%), from €4,420 to €1,594
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 | €92,496 | €163,358 | +€70,862 | +76.6% |
| Fixed assets | 21/28 | €57,663 | €71,659 | +€13,997 | +24.3% |
| Intangible fixed assets | 21 | €53,119 | €44,834 | -€8,286 | -15.6% |
| Tangible fixed assets | 22/27 | - | €23,082 | +€23,082 | |
| Other tangible fixed assets | 26 | - | €23,082 | +€23,082 | |
| Financial fixed assets | 28 | €4,543 | €3,743 | -€800 | -17.6% |
| Current assets | 29/58 | €34,833 | €91,699 | +€56,866 | +163% |
| Stocks and contracts in progress | 3 | - | €3,017 | +€3,017 | |
| Stocks | 30/36 | - | €3,017 | +€3,017 | |
| Amounts receivable within one year | 40/41 | - | €17,264 | +€17,264 | |
| Trade receivables | 40 | - | €17,264 | +€17,264 | |
| Cash at bank and in hand | 54/58 | €34,833 | €70,245 | +€35,412 | +102% |
| Deferred charges and accrued income | 490/1 | - | €1,173 | +€1,173 | |
| Total equity and liabilities | 10/49 | €92,496 | €163,358 | +€70,862 | +76.6% |
| Equity | 10/15 | €59,518 | €78,358 | +€18,840 | +31.7% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €56,518 | €75,358 | +€18,840 | +33.3% |
| Amounts payable | 17/49 | €32,978 | €85,001 | +€52,023 | +158% |
| Amounts payable within one year | 42/48 | €32,978 | €84,989 | +€52,011 | +158% |
| Trade debts | 44 | €653 | €6,366 | +€5,713 | +875% |
| Suppliers | 440/4 | €653 | €6,366 | +€5,713 | +875% |
| Taxes, remuneration and social security | 45 | €27,474 | €31,127 | +€3,653 | +13.3% |
| Taxes | 450/3 | €27,474 | €31,127 | +€3,653 | +13.3% |
| Other amounts payable | 47/48 | €4,851 | €47,496 | +€42,645 | +879% |
| Accrued charges and deferred income | 492/3 | - | €11 | +€11 | |
| Remuneration, social security and pensions | 62 | €12,467 | - | -€12,467 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,973 | €10,644 | +€4,672 | +78.2% |
| Other operating charges | 640/8 | €4,420 | €1,594 | -€2,826 | -63.9% |
| Gross operating margin | 9900 | €102,657 | €54,095 | -€48,562 | -47.3% |
| Operating profit (loss) | 9901 | €79,798 | €41,856 | -€37,941 | -47.5% |
| Financial income | 75/76B | €0 | €0 | = | 0.0% |
| Recurring financial income | 75 | €0 | €0 | = | 0.0% |
| Financial charges | 65/66B | €55 | €2,307 | +€2,252 | +4,114% |
| Recurring financial charges | 65 | €55 | €2,307 | +€2,252 | +4,114% |
| Profit (loss) for the period before taxes | 9903 | €79,743 | €39,549 | -€40,194 | -50.4% |
| Income taxes | 67/77 | €23,225 | €5,710 | -€17,515 | -75.4% |
| Profit (loss) for the period | 9904 | €56,518 | €33,840 | -€22,678 | -40.1% |
| Profit (loss) for the period to be appropriated | 9905 | €56,518 | €33,840 | -€22,678 | -40.1% |
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 21 October 2026 via checked.be.