Bachelard Mathilde: what changed
Two fiscal 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.
Bachelard Mathilde
Largest movements
- Cash +€17,682
up €17,682 (+178.8%), from €9,890 to €27,572
mainly Net result for the year (+€20,649) and Depreciation (+€3,178)
- Tangible fixed assets -€3,178
down €3,178 (-47.6%), from €6,679 to €3,502
of which Furniture and vehicles: -€1,716
- Receivables within one year -€2,633
down €2,633 (-11.3%), from €23,270 to €20,637
- Deferred charges and accrued income +€767
new in 2025: €767
- Profit (loss) carried forward +€20,649
up €20,649 (+153.4%), from €13,464 to €34,113
- Tax, wage and social debts -€4,087
down €4,087 (-45.1%), from €9,060 to €4,973
- Debts after one year -€2,636
no longer reported in 2025 (was €2,636)
- Other debts -€859
no longer reported in 2025 (was €859)
- Current portion of long-term debt -€735
down €735 (-21.8%), from €3,371 to €2,636
- Gross operating margin +€5,283
up €5,283 (+21.2%), from €24,910 to €30,193
- Depreciation -€3,149
down €3,149 (-49.8%), from €6,327 to €3,178
- Taxes +€1,860
up €1,860 (+41.1%), from €4,528 to €6,388
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 | €39,840 | €52,477 | +€12,638 | +31.7% |
| Fixed assets | 21/28 | €6,679 | €3,502 | -€3,178 | -47.6% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €6,679 | €3,502 | -€3,178 | -47.6% |
| Plant, machinery and equipment | 23 | €4,536 | €3,075 | -€1,461 | -32.2% |
| Furniture and vehicles | 24 | €2,143 | €427 | -€1,716 | -80.1% |
| Current assets | 29/58 | €33,161 | €48,976 | +€15,815 | +47.7% |
| Amounts receivable within one year | 40/41 | €23,270 | €20,637 | -€2,633 | -11.3% |
| Other amounts receivable | 41 | €23,270 | €20,637 | -€2,633 | -11.3% |
| Cash at bank and in hand | 54/58 | €9,890 | €27,572 | +€17,682 | +178.8% |
| Deferred charges and accrued income | 490/1 | - | €767 | +€767 | |
| Total equity and liabilities | 10/49 | €39,840 | €52,477 | +€12,638 | +31.7% |
| Equity | 10/15 | €23,464 | €44,113 | +€20,649 | +88.0% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €8,000 | €8,000 | = | 0.0% |
| Distributable reserves | 133 | €8,000 | €8,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €13,464 | €34,113 | +€20,649 | +153.4% |
| Amounts payable | 17/49 | €16,376 | €8,365 | -€8,011 | -48.9% |
| Amounts payable after more than one year | 17 | €2,636 | - | -€2,636 | |
| Financial debts | 170/4 | €2,636 | - | -€2,636 | |
| Amounts payable within one year | 42/48 | €13,438 | €8,365 | -€5,073 | -37.8% |
| Current portion of amounts payable after more than one year | 42 | €3,371 | €2,636 | -€735 | -21.8% |
| Trade debts | 44 | €148 | €756 | +€608 | +410.6% |
| Suppliers | 440/4 | €148 | €756 | +€608 | +410.6% |
| Taxes, remuneration and social security | 45 | €9,060 | €4,973 | -€4,087 | -45.1% |
| Taxes | 450/3 | €9,060 | €4,973 | -€4,087 | -45.1% |
| Other amounts payable | 47/48 | €859 | - | -€859 | |
| Accrued charges and deferred income | 492/3 | €303 | - | -€303 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,327 | €3,178 | -€3,149 | -49.8% |
| Other operating charges | 640/8 | €727 | €751 | +€24 | +3.3% |
| Non-recurring operating charges | 66A | €34 | - | -€34 | |
| Gross operating margin | 9900 | €24,910 | €30,193 | +€5,283 | +21.2% |
| Operating profit (loss) | 9901 | €17,822 | €26,264 | +€8,442 | +47.4% |
| Financial income | 75/76B | €876 | €1,159 | +€284 | +32.4% |
| Recurring financial income | 75 | €876 | €1,159 | +€284 | +32.4% |
| Financial charges | 65/66B | €564 | €387 | -€177 | -31.4% |
| Recurring financial charges | 65 | €564 | €387 | -€177 | -31.4% |
| Profit (loss) for the period before taxes | 9903 | €18,134 | €27,037 | +€8,903 | +49.1% |
| Income taxes | 67/77 | €4,528 | €6,388 | +€1,860 | +41.1% |
| Profit (loss) for the period | 9904 | €13,606 | €20,649 | +€7,043 | +51.8% |
| Profit (loss) for the period to be appropriated | 9905 | €13,606 | €20,649 | +€7,043 | +51.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.