BACH MANAGEMENT: 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.
BACH MANAGEMENT
Largest movements
- Receivables within one year +€53,500
new in 2025: €53,500
- Cash -€7,118
down €7,118 (-7.9%), from €89,879 to €82,761
mainly Receivables within one year (-€53,500) and Trade debts (-€2,072)
- Profit (loss) carried forward +€46,852
up €46,852 (+67.7%), from €69,201 to €116,053
- Trade debts -€2,072
no longer reported in 2025 (was €2,072)
- Tax, wage and social debts +€2,029
up €2,029 (+13.2%), from €15,329 to €17,357
- Gross operating margin +€23,958
up €23,958 (+64.6%), from €37,070 to €61,028
- Taxes +€5,083
up €5,083 (+62.4%), from €8,140 to €13,223
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 | €90,029 | €136,411 | +€46,382 | +51.5% |
| Fixed assets | 21/28 | €150 | €150 | = | 0.0% |
| Financial fixed assets | 28 | €150 | €150 | = | 0.0% |
| Current assets | 29/58 | €89,879 | €136,261 | +€46,382 | +51.6% |
| Amounts receivable within one year | 40/41 | - | €53,500 | +€53,500 | |
| Trade receivables | 40 | - | €53,500 | +€53,500 | |
| Cash at bank and in hand | 54/58 | €89,879 | €82,761 | -€7,118 | -7.9% |
| Total equity and liabilities | 10/49 | €90,029 | €136,411 | +€46,382 | +51.5% |
| Equity | 10/15 | €72,201 | €119,053 | +€46,852 | +64.9% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €69,201 | €116,053 | +€46,852 | +67.7% |
| Amounts payable | 17/49 | €17,828 | €17,357 | -€471 | -2.6% |
| Amounts payable within one year | 42/48 | €17,828 | €17,357 | -€471 | -2.6% |
| Trade debts | 44 | €2,072 | - | -€2,072 | |
| Suppliers | 440/4 | €2,072 | - | -€2,072 | |
| Taxes, remuneration and social security | 45 | €15,329 | €17,357 | +€2,029 | +13.2% |
| Taxes | 450/3 | €15,329 | €17,357 | +€2,029 | +13.2% |
| Other amounts payable | 47/48 | €428 | - | -€428 | |
| Other operating charges | 640/8 | €387 | €490 | +€102 | +26.4% |
| Gross operating margin | 9900 | €37,070 | €61,028 | +€23,958 | +64.6% |
| Operating profit (loss) | 9901 | €36,683 | €60,538 | +€23,856 | +65.0% |
| Financial charges | 65/66B | €409 | €463 | +€54 | +13.2% |
| Recurring financial charges | 65 | €409 | €463 | +€54 | +13.2% |
| Profit (loss) for the period before taxes | 9903 | €36,274 | €60,075 | +€23,802 | +65.6% |
| Income taxes | 67/77 | €8,140 | €13,223 | +€5,083 | +62.4% |
| Profit (loss) for the period | 9904 | €28,133 | €46,852 | +€18,719 | +66.5% |
| Profit (loss) for the period to be appropriated | 9905 | €28,133 | €46,852 | +€18,719 | +66.5% |
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 9 October 2026 via checked.be.