BACODO: 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.
BACODO
Largest movements
No asset line moved by more than 1% of the balance sheet total.
- Debts after one year -€62,882
no longer reported in 2026 (was €62,882)
- Current portion of long-term debt +€33,772
up €33,772 (+88.6%), from €38,110 to €71,882
- Reserves +€29,800
new in 2026: €29,800
- Other debts -€8,905
down €8,905 (-9.4%), from €94,483 to €85,579
- Financial income -€5,300
down €5,300 (-13.2%), from €40,000 to €34,700
- Taxes +€2,980
new in 2026: €2,980
- Financial charges -€304
down €304 (-17.3%), from €1,756 to €1,452
- Other operating charges +€12
up €12 (+3.2%), from €387 to €400
- Gross operating margin -€2
down €2 (-3.0%), from -€64 to -€66
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €300,023 | €300,000 | -€23 | 0.0% |
| Fixed assets | 21/28 | €300,000 | €300,000 | = | 0.0% |
| Financial fixed assets | 28 | €300,000 | €300,000 | = | 0.0% |
| Current assets | 29/58 | €23 | - | -€23 | |
| Cash at bank and in hand | 54/58 | €23 | - | -€23 | |
| Total equity and liabilities | 10/49 | €300,023 | €300,000 | -€23 | 0.0% |
| Equity | 10/15 | €104,546 | €134,349 | +€29,803 | +28.5% |
| Contributions | 10/11 | €70,000 | €70,000 | = | 0.0% |
| Reserves | 13 | - | €29,800 | +€29,800 | |
| Distributable reserves | 133 | - | €29,800 | +€29,800 | |
| Profit (loss) carried forward | 14 | €34,546 | €34,549 | +€3 | 0.0% |
| Amounts payable | 17/49 | €195,476 | €165,651 | -€29,826 | -15.3% |
| Amounts payable after more than one year | 17 | €62,882 | - | -€62,882 | |
| Financial debts | 170/4 | €62,882 | - | -€62,882 | |
| Amounts payable within one year | 42/48 | €132,594 | €163,128 | +€30,534 | +23.0% |
| Current portion of amounts payable after more than one year | 42 | €38,110 | €71,882 | +€33,772 | +88.6% |
| Financial debts | 43 | - | €2,687 | +€2,687 | |
| Credit institutions | 430/8 | - | €2,687 | +€2,687 | |
| Taxes, remuneration and social security | 45 | - | €2,980 | +€2,980 | |
| Taxes | 450/3 | - | €2,980 | +€2,980 | |
| Other amounts payable | 47/48 | €94,483 | €85,579 | -€8,905 | -9.4% |
| Accrued charges and deferred income | 492/3 | - | €2,523 | +€2,523 | |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | -€64 | -€66 | -€2 | -3.0% |
| Operating profit (loss) | 9901 | -€451 | -€465 | -€14 | -3.2% |
| Financial income | 75/76B | €40,000 | €34,700 | -€5,300 | -13.2% |
| Recurring financial income | 75 | €40,000 | €34,700 | -€5,300 | -13.2% |
| Financial charges | 65/66B | €1,756 | €1,452 | -€304 | -17.3% |
| Recurring financial charges | 65 | €1,756 | €1,452 | -€304 | -17.3% |
| Profit (loss) for the period before taxes | 9903 | €37,793 | €32,783 | -€5,010 | -13.3% |
| Income taxes | 67/77 | - | €2,980 | +€2,980 | |
| Profit (loss) for the period | 9904 | €37,793 | €29,803 | -€7,990 | -21.1% |
| Profit (loss) for the period to be appropriated | 9905 | €37,793 | €29,803 | -€7,990 | -21.1% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2025 and 30 June 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.