BAES ERIK: 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.
BAES ERIK
Largest movements
- Cash -€12,696
down €12,696 (-10.9%), from €116,802 to €104,106
mainly Tax, wage and social debts (-€28,761) and Receivables within one year (-€3,093)
- Receivables within one year +€3,093
new in 2025: €3,093
- Deferred charges and accrued income -€1,448
no longer reported in 2025 (was €1,448)
- Tax, wage and social debts -€28,761
down €28,761 (-84.0%), from €34,254 to €5,494
of which Taxes: -€28,921
- Reserves +€21,958
up €21,958 (+29.2%), from €75,249 to €97,207
- Other debts -€3,007
no longer reported in 2025 (was €3,007)
- Trade debts -€1,585
no longer reported in 2025 (was €1,585)
- Gross operating margin -€72,479
down €72,479 (-67.1%), from €108,076 to €35,597
- Taxes -€21,098
down €21,098 (-68.6%), from €30,744 to €9,646
- Financial charges +€1,589
up €1,589 (+105%), from €1,507 to €3,096
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.
Derived cash bridge
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 | €119,096 | €107,701 | -€11,395 | -9.6% |
| Fixed assets | 21/28 | €846 | €501 | -€345 | -40.8% |
| Tangible fixed assets | 22/27 | €846 | €501 | -€345 | -40.8% |
| Furniture and vehicles | 24 | €846 | €501 | -€345 | -40.8% |
| Current assets | 29/58 | €118,249 | €107,199 | -€11,050 | -9.3% |
| Amounts receivable within one year | 40/41 | - | €3,093 | +€3,093 | |
| Other amounts receivable | 41 | - | €3,093 | +€3,093 | |
| Cash at bank and in hand | 54/58 | €116,802 | €104,106 | -€12,696 | -10.9% |
| Deferred charges and accrued income | 490/1 | €1,448 | - | -€1,448 | |
| Total equity and liabilities | 10/49 | €119,096 | €107,701 | -€11,395 | -9.6% |
| Equity | 10/15 | €80,249 | €102,207 | +€21,958 | +27.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €75,249 | €97,207 | +€21,958 | +29.2% |
| Distributable reserves | 133 | €75,249 | €97,207 | +€21,958 | +29.2% |
| Amounts payable | 17/49 | €38,847 | €5,494 | -€33,353 | -85.9% |
| Amounts payable within one year | 42/48 | €38,847 | €5,494 | -€33,353 | -85.9% |
| Trade debts | 44 | €1,585 | - | -€1,585 | |
| Suppliers | 440/4 | €1,585 | - | -€1,585 | |
| Taxes, remuneration and social security | 45 | €34,254 | €5,494 | -€28,761 | -84.0% |
| Taxes | 450/3 | €34,254 | €5,334 | -€28,921 | -84.4% |
| Remuneration and social security | 454/9 | - | €160 | +€160 | |
| Other amounts payable | 47/48 | €3,007 | - | -€3,007 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €190 | €345 | +€155 | +81.6% |
| Other operating charges | 640/8 | €386 | €552 | +€166 | +43.0% |
| Gross operating margin | 9900 | €108,076 | €35,597 | -€72,479 | -67.1% |
| Operating profit (loss) | 9901 | €107,500 | €34,700 | -€72,800 | -67.7% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €1,507 | €3,096 | +€1,589 | +105% |
| Recurring financial charges | 65 | €1,507 | €3,096 | +€1,589 | +105% |
| Profit (loss) for the period before taxes | 9903 | €105,993 | €31,604 | -€74,389 | -70.2% |
| Income taxes | 67/77 | €30,744 | €9,646 | -€21,098 | -68.6% |
| Profit (loss) for the period | 9904 | €75,249 | €21,958 | -€53,291 | -70.8% |
| Profit (loss) for the period to be appropriated | 9905 | €75,249 | €21,958 | -€53,291 | -70.8% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.