BAFB ARCHITECTURE: 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.
BAFB ARCHITECTURE
Largest movements
- Cash +€14,132
up €14,132 (+697%), from €2,028 to €16,161
mainly Net result for the year (+€12,781) and Depreciation (+€10,153)
- Tangible fixed assets -€9,577
down €9,577 (-21.8%), from €44,006 to €34,429
of which Furniture and vehicles: -€8,863
- Receivables within one year +€4,253
up €4,253 (+21.8%), from €19,525 to €23,778
of which Trade receivables: +€4,165
- Deferred charges and accrued income +€959
up €959 (+65.0%), from €1,477 to €2,436
- Reserves +€12,781
up €12,781 (+51.2%), from €24,946 to €37,727
of which Distributable reserves: +€12,781
- Debts after one year -€3,360
down €3,360 (-10.9%), from €30,954 to €27,594
- Tax, wage and social debts +€1,422
up €1,422 (+21.3%), from €6,668 to €8,090
of which Taxes: +€1,422
- Other debts -€1,287
down €1,287 (-26.7%), from €4,820 to €3,533
- Gross operating margin +€9,681
up €9,681 (+54.5%), from €17,774 to €27,455
- Other operating charges -€4,531
down €4,531 (-79.6%), from €5,689 to €1,159
- Depreciation +€4,502
up €4,502 (+79.7%), from €5,651 to €10,153
- Financial charges +€1,184
up €1,184 (+154%), from €767 to €1,951
- Taxes +€677
up €677 (+92.2%), from €734 to €1,410
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 | €67,036 | €76,804 | +€9,768 | +14.6% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €44,006 | €34,429 | -€9,577 | -21.8% |
| Tangible fixed assets | 22/27 | €44,006 | €34,429 | -€9,577 | -21.8% |
| Plant, machinery and equipment | 23 | €999 | €286 | -€714 | -71.4% |
| Furniture and vehicles | 24 | €43,007 | €34,144 | -€8,863 | -20.6% |
| Current assets | 29/58 | €23,030 | €42,375 | +€19,345 | +84.0% |
| Amounts receivable within one year | 40/41 | €19,525 | €23,778 | +€4,253 | +21.8% |
| Trade receivables | 40 | €16,745 | €20,910 | +€4,165 | +24.9% |
| Other amounts receivable | 41 | €2,780 | €2,868 | +€88 | +3.2% |
| Cash at bank and in hand | 54/58 | €2,028 | €16,161 | +€14,132 | +697% |
| Deferred charges and accrued income | 490/1 | €1,477 | €2,436 | +€959 | +65.0% |
| Total equity and liabilities | 10/49 | €67,036 | €76,804 | +€9,768 | +14.6% |
| Equity | 10/15 | €17,084 | €29,865 | +€12,781 | +74.8% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €24,946 | €37,727 | +€12,781 | +51.2% |
| Tax-exempt reserves | 132 | €7,500 | €7,500 | = | 0.0% |
| Distributable reserves | 133 | €17,446 | €30,227 | +€12,781 | +73.3% |
| Profit (loss) carried forward | 14 | -€26,454 | -€26,454 | = | 0.0% |
| Amounts payable | 17/49 | €49,953 | €46,939 | -€3,013 | -6.0% |
| Amounts payable after more than one year | 17 | €30,954 | €27,594 | -€3,360 | -10.9% |
| Financial debts | 170/4 | €30,954 | €27,594 | -€3,360 | -10.9% |
| Amounts payable within one year | 42/48 | €18,999 | €19,345 | +€347 | +1.8% |
| Current portion of amounts payable after more than one year | 42 | €4,224 | €4,379 | +€155 | +3.7% |
| Trade debts | 44 | €3,287 | €3,343 | +€56 | +1.7% |
| Suppliers | 440/4 | €3,287 | €3,343 | +€56 | +1.7% |
| Taxes, remuneration and social security | 45 | €6,668 | €8,090 | +€1,422 | +21.3% |
| Taxes | 450/3 | €6,668 | €8,090 | +€1,422 | +21.3% |
| Remuneration and social security | 454/9 | €0 | €0 | = | |
| Other amounts payable | 47/48 | €4,820 | €3,533 | -€1,287 | -26.7% |
| Turnover | 70 | €0 | €0 | = | |
| Goods, raw materials, services and sundry goods | 60/61 | €0 | €0 | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,651 | €10,153 | +€4,502 | +79.7% |
| Other operating charges | 640/8 | €5,689 | €1,159 | -€4,531 | -79.6% |
| Gross operating margin | 9900 | €17,774 | €27,455 | +€9,681 | +54.5% |
| Operating profit (loss) | 9901 | €6,434 | €16,143 | +€9,709 | +151% |
| Financial income | 75/76B | €202 | - | -€202 | |
| Recurring financial income | 75 | €202 | - | -€202 | |
| Financial charges | 65/66B | €767 | €1,951 | +€1,184 | +154% |
| Recurring financial charges | 65 | €767 | €1,951 | +€1,184 | +154% |
| Profit (loss) for the period before taxes | 9903 | €5,869 | €14,192 | +€8,323 | +142% |
| Income taxes | 67/77 | €734 | €1,410 | +€677 | +92.2% |
| Profit (loss) for the period | 9904 | €5,136 | €12,781 | +€7,646 | +149% |
| Profit (loss) for the period to be appropriated | 9905 | €5,136 | €12,781 | +€7,646 | +149% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.