BADUM: 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.
BADUM
Largest movements
- Receivables within one year +€24,410
up €24,410 (+44.6%), from €54,761 to €79,171
of which Other amounts receivable: +€17,126
- Tangible fixed assets -€5,345
down €5,345 (-95.3%), from €5,608 to €263
- Cash +€1,191
up €1,191 (+14.9%), from €7,984 to €9,175
mainly Net result for the year (+€17,965) and Advances received (+€5,880)
- Profit (loss) carried forward +€17,965
up €17,965 (+39.4%), from €45,601 to €63,566
- Advances received +€5,880
new in 2025: €5,880
- Tax, wage and social debts -€3,618
down €3,618 (-20.3%), from €17,781 to €14,163
- Gross operating margin +€20,065
up €20,065 (+75.6%), from €26,524 to €46,589
- Taxes +€6,727
up €6,727 (+148.0%), from €4,544 to €11,271
- Financial charges +€2,140
up €2,140 (+140.8%), from €1,519 to €3,659
- Other operating charges -€1,940
down €1,940 (-18.8%), from €10,294 to €8,354
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 | €68,446 | €88,609 | +€20,163 | +29.5% |
| Fixed assets | 21/28 | €5,608 | €263 | -€5,345 | -95.3% |
| Tangible fixed assets | 22/27 | €5,608 | €263 | -€5,345 | -95.3% |
| Furniture and vehicles | 24 | €5,608 | €263 | -€5,345 | -95.3% |
| Current assets | 29/58 | €62,839 | €88,346 | +€25,507 | +40.6% |
| Amounts receivable within one year | 40/41 | €54,761 | €79,171 | +€24,410 | +44.6% |
| Trade receivables | 40 | €12,621 | €19,905 | +€7,284 | +57.7% |
| Other amounts receivable | 41 | €42,140 | €59,266 | +€17,126 | +40.6% |
| Cash at bank and in hand | 54/58 | €7,984 | €9,175 | +€1,191 | +14.9% |
| Deferred charges and accrued income | 490/1 | €94 | - | -€94 | |
| Total equity and liabilities | 10/49 | €68,446 | €88,609 | +€20,163 | +29.5% |
| Equity | 10/15 | €50,601 | €68,566 | +€17,965 | +35.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €45,601 | €63,566 | +€17,965 | +39.4% |
| Amounts payable | 17/49 | €17,845 | €20,043 | +€2,198 | +12.3% |
| Amounts payable within one year | 42/48 | €17,845 | €20,043 | +€2,198 | +12.3% |
| Advances received on contracts in progress | 46 | - | €5,880 | +€5,880 | |
| Taxes, remuneration and social security | 45 | €17,781 | €14,163 | -€3,618 | -20.3% |
| Taxes | 450/3 | €17,781 | €14,163 | -€3,618 | -20.3% |
| Other amounts payable | 47/48 | €64 | - | -€64 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,312 | €5,345 | +€33 | +0.6% |
| Other operating charges | 640/8 | €10,294 | €8,354 | -€1,940 | -18.8% |
| Non-recurring operating charges | 66A | €11 | - | -€11 | |
| Gross operating margin | 9900 | €26,524 | €46,589 | +€20,065 | +75.6% |
| Operating profit (loss) | 9901 | €10,907 | €32,890 | +€21,983 | +201.6% |
| Financial income | 75/76B | €1 | €5 | +€4 | +244.8% |
| Recurring financial income | 75 | €1 | €5 | +€4 | +244.8% |
| Financial charges | 65/66B | €1,519 | €3,659 | +€2,140 | +140.8% |
| Recurring financial charges | 65 | €1,519 | €3,659 | +€2,140 | +140.8% |
| Profit (loss) for the period before taxes | 9903 | €9,389 | €29,236 | +€19,847 | +211.4% |
| Income taxes | 67/77 | €4,544 | €11,271 | +€6,727 | +148.0% |
| Profit (loss) for the period | 9904 | €4,845 | €17,965 | +€13,120 | +270.8% |
| Profit (loss) for the period to be appropriated | 9905 | €4,845 | €17,965 | +€13,120 | +270.8% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.