BACLR: 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.
BACLR
Largest movements
- Cash +€65,105
up €65,105 (+71.1%), from €91,521 to €156,625
mainly Net result for the year (+€50,498) and Receivables within one year (+€16,644)
- Receivables within one year -€16,644
down €16,644 (-17.9%), from €92,906 to €76,263
of which Trade receivables: -€90,000
- Tangible fixed assets +€5,432
new in 2025: €5,432
- Reserves +€50,498
up €50,498 (+44.2%), from €114,332 to €164,830
- Tax, wage and social debts +€7,586
up €7,586 (+12.2%), from €62,344 to €69,930
of which Taxes: +€13,980
- Trade debts -€2,558
down €2,558 (-58.2%), from €4,394 to €1,835
- Gross operating margin -€83,283
down €83,283 (-51.4%), from €161,937 to €78,654
- Taxes -€24,482
down €24,482 (-52.1%), from €47,017 to €22,535
- Other operating charges +€5,680
up €5,680 (+1057.0%), from €537 to €6,217
- Financial income +€2,066
up €2,066 (+27291.4%), from €8 to €2,074
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 | €186,249 | €241,595 | +€55,346 | +29.7% |
| Fixed assets | 21/28 | - | €5,432 | +€5,432 | |
| Tangible fixed assets | 22/27 | - | €5,432 | +€5,432 | |
| Furniture and vehicles | 24 | - | €5,432 | +€5,432 | |
| Current assets | 29/58 | €186,249 | €236,164 | +€49,914 | +26.8% |
| Amounts receivable within one year | 40/41 | €92,906 | €76,263 | -€16,644 | -17.9% |
| Trade receivables | 40 | €90,000 | €0 | -€90,000 | -100.0% |
| Other amounts receivable | 41 | €2,906 | €76,263 | +€73,356 | +2523.9% |
| Cash at bank and in hand | 54/58 | €91,521 | €156,625 | +€65,105 | +71.1% |
| Deferred charges and accrued income | 490/1 | €1,822 | €3,276 | +€1,453 | +79.8% |
| Total equity and liabilities | 10/49 | €186,249 | €241,595 | +€55,346 | +29.7% |
| Equity | 10/15 | €119,332 | €169,830 | +€50,498 | +42.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €114,332 | €164,830 | +€50,498 | +44.2% |
| Distributable reserves | 133 | €114,332 | €164,830 | +€50,498 | +44.2% |
| Amounts payable | 17/49 | €66,917 | €71,765 | +€4,848 | +7.2% |
| Amounts payable within one year | 42/48 | €66,917 | €71,765 | +€4,848 | +7.2% |
| Trade debts | 44 | €4,394 | €1,835 | -€2,558 | -58.2% |
| Suppliers | 440/4 | €4,394 | €1,835 | -€2,558 | -58.2% |
| Taxes, remuneration and social security | 45 | €62,344 | €69,930 | +€7,586 | +12.2% |
| Taxes | 450/3 | €55,950 | €69,930 | +€13,980 | +25.0% |
| Remuneration and social security | 454/9 | €6,394 | €0 | -€6,394 | -100.0% |
| Other amounts payable | 47/48 | €179 | €0 | -€179 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €1,044 | +€1,044 | |
| Other operating charges | 640/8 | €537 | €6,217 | +€5,680 | +1057.0% |
| Gross operating margin | 9900 | €161,937 | €78,654 | -€83,283 | -51.4% |
| Operating profit (loss) | 9901 | €161,400 | €71,394 | -€90,006 | -55.8% |
| Financial income | 75/76B | €8 | €2,074 | +€2,066 | +27291.4% |
| Recurring financial income | 75 | €8 | €2,074 | +€2,066 | +27291.4% |
| Financial charges | 65/66B | €59 | €433 | +€375 | +640.3% |
| Recurring financial charges | 65 | €59 | €433 | +€375 | +640.3% |
| Profit (loss) for the period before taxes | 9903 | €161,349 | €73,034 | -€88,315 | -54.7% |
| Income taxes | 67/77 | €47,017 | €22,535 | -€24,482 | -52.1% |
| Profit (loss) for the period | 9904 | €114,332 | €50,498 | -€63,834 | -55.8% |
| Profit (loss) for the period to be appropriated | 9905 | €114,332 | €50,498 | -€63,834 | -55.8% |
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 11 October 2026 via checked.be.