BACO SOLUTIONS: 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.
BACO SOLUTIONS
Largest movements
- Cash +€55,425
up €55,425 (+268.9%), from €20,613 to €76,037
mainly Provisions (+€49,111) and Depreciation (+€10,035)
- Receivables within one year -€8,168
down €8,168 (-18.9%), from €43,258 to €35,090
- Tangible fixed assets -€6,599
down €6,599 (-45.4%), from €14,521 to €7,922
of which Furniture and vehicles: -€8,952
- Provisions +€49,111
new in 2024: €49,111
- Tax, wage and social debts -€10,437
down €10,437 (-47.8%), from €21,823 to €11,386
of which Taxes: -€7,587
- Profit (loss) carried forward +€3,914
up €3,914 (+8.5%), from €45,917 to €49,832
- Other debts -€1,317
down €1,317 (-15.1%), from €8,738 to €7,421
- Provisions +€49,111
new in 2024: €49,111
- Gross operating margin +€13,586
up €13,586 (+20.7%), from €65,677 to €79,263
- Depreciation +€4,402
up €4,402 (+78.1%), from €5,633 to €10,035
- Taxes +€2,595
up €2,595 (+20.2%), from €12,815 to €15,410
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.
Cash bridge derived
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 | €79,913 | €121,076 | +€41,163 | +51.5% |
| Fixed assets | 21/28 | €14,521 | €7,922 | -€6,599 | -45.4% |
| Tangible fixed assets | 22/27 | €14,521 | €7,922 | -€6,599 | -45.4% |
| Furniture and vehicles | 24 | €14,521 | €5,570 | -€8,952 | -61.6% |
| Other tangible fixed assets | 26 | - | €2,352 | +€2,352 | |
| Current assets | 29/58 | €65,392 | €113,154 | +€47,762 | +73.0% |
| Amounts receivable within one year | 40/41 | €43,258 | €35,090 | -€8,168 | -18.9% |
| Trade receivables | 40 | €43,258 | €35,090 | -€8,168 | -18.9% |
| Cash at bank and in hand | 54/58 | €20,613 | €76,037 | +€55,425 | +268.9% |
| Deferred charges and accrued income | 490/1 | €1,521 | €2,027 | +€505 | +33.2% |
| Total equity and liabilities | 10/49 | €79,913 | €121,076 | +€41,163 | +51.5% |
| Equity | 10/15 | €48,917 | €52,832 | +€3,914 | +8.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €45,917 | €49,832 | +€3,914 | +8.5% |
| Provisions and deferred taxes | 16 | - | €49,111 | +€49,111 | |
| Provisions for liabilities and charges | 160/5 | - | €49,111 | +€49,111 | |
| Other liabilities and charges | 164/5 | - | €49,111 | +€49,111 | |
| Amounts payable | 17/49 | €30,996 | €19,133 | -€11,863 | -38.3% |
| Amounts payable within one year | 42/48 | €30,756 | €19,133 | -€11,623 | -37.8% |
| Trade debts | 44 | €194 | €326 | +€132 | +67.8% |
| Suppliers | 440/4 | €194 | €326 | +€132 | +67.8% |
| Taxes, remuneration and social security | 45 | €21,823 | €11,386 | -€10,437 | -47.8% |
| Taxes | 450/3 | €18,973 | €11,386 | -€7,587 | -40.0% |
| Remuneration and social security | 454/9 | €2,850 | €0 | -€2,850 | -100.0% |
| Other amounts payable | 47/48 | €8,738 | €7,421 | -€1,317 | -15.1% |
| Accrued charges and deferred income | 492/3 | €240 | €0 | -€240 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,633 | €10,035 | +€4,402 | +78.1% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €49,111 | +€49,111 | |
| Other operating charges | 640/8 | €480 | €64 | -€417 | -86.7% |
| Gross operating margin | 9900 | €65,677 | €79,263 | +€13,586 | +20.7% |
| Operating profit (loss) | 9901 | €59,564 | €20,053 | -€39,511 | -66.3% |
| Financial income | 75/76B | €27 | €204 | +€177 | +664.5% |
| Recurring financial income | 75 | €27 | €204 | +€177 | +664.5% |
| Financial charges | 65/66B | €25 | €73 | +€48 | +192.7% |
| Recurring financial charges | 65 | €25 | €73 | +€48 | +192.7% |
| Profit (loss) for the period before taxes | 9903 | €59,565 | €20,183 | -€39,382 | -66.1% |
| Income taxes | 67/77 | €12,815 | €15,410 | +€2,595 | +20.2% |
| Profit (loss) for the period | 9904 | €46,750 | €4,773 | -€41,977 | -89.8% |
| Profit (loss) for the period to be appropriated | 9905 | €46,750 | €4,773 | -€41,977 | -89.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.