Badeux: 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.
Badeux
Largest movements
- Financial fixed assets +€160,540
up €160,540 (+42.2%), from €380,000 to €540,540
- Receivables within one year +€20,884
up €20,884 (+1082.0%), from €1,930 to €22,814
- Cash -€14,105
down €14,105 (-87.4%), from €16,130 to €2,025
mainly Investment in fixed assets (net) (-€160,540) and Net result for the year (-€35,571)
- Other debts +€160,540
new in 2024: €160,540
- Advances received +€40,000
new in 2024: €40,000
- Profit (loss) carried forward -€35,571
down €35,571 (-1833.5%), from -€1,940 to -€37,511
- Gross operating margin -€34,273
down €34,273 (-1788.1%), from -€1,917 to -€36,190
- Financial income +€734
new in 2024: €734
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 | €398,060 | €566,068 | +€168,008 | +42.2% |
| Fixed assets | 21/28 | €380,000 | €540,540 | +€160,540 | +42.2% |
| Financial fixed assets | 28 | €380,000 | €540,540 | +€160,540 | +42.2% |
| Current assets | 29/58 | €18,060 | €25,528 | +€7,468 | +41.4% |
| Amounts receivable within one year | 40/41 | €1,930 | €22,814 | +€20,884 | +1082.0% |
| Other amounts receivable | 41 | €1,930 | €22,814 | +€20,884 | +1082.0% |
| Cash at bank and in hand | 54/58 | €16,130 | €2,025 | -€14,105 | -87.4% |
| Deferred charges and accrued income | 490/1 | - | €690 | +€690 | |
| Total equity and liabilities | 10/49 | €398,060 | €566,068 | +€168,008 | +42.2% |
| Equity | 10/15 | €398,060 | €362,489 | -€35,571 | -8.9% |
| Contributions | 10/11 | €400,000 | €400,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,940 | -€37,511 | -€35,571 | -1833.5% |
| Amounts payable | 17/49 | - | €203,579 | +€203,579 | |
| Amounts payable within one year | 42/48 | - | €203,579 | +€203,579 | |
| Trade debts | 44 | - | €2,559 | +€2,559 | |
| Suppliers | 440/4 | - | €2,559 | +€2,559 | |
| Advances received on contracts in progress | 46 | - | €40,000 | +€40,000 | |
| Taxes, remuneration and social security | 45 | - | €480 | +€480 | |
| Taxes | 450/3 | - | €480 | +€480 | |
| Other amounts payable | 47/48 | - | €160,540 | +€160,540 | |
| Gross operating margin | 9900 | -€1,917 | -€36,190 | -€34,273 | -1788.1% |
| Operating profit (loss) | 9901 | -€1,917 | -€36,190 | -€34,273 | -1788.1% |
| Financial income | 75/76B | - | €734 | +€734 | |
| Recurring financial income | 75 | - | €734 | +€734 | |
| Financial charges | 65/66B | €23 | €115 | +€91 | +390.8% |
| Recurring financial charges | 65 | €23 | €115 | +€91 | +390.8% |
| Profit (loss) for the period before taxes | 9903 | -€1,940 | -€35,571 | -€33,631 | -1733.5% |
| Profit (loss) for the period | 9904 | -€1,940 | -€35,571 | -€33,631 | -1733.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,940 | -€35,571 | -€33,631 | -1733.5% |
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.