BAFCARE: 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.
BAFCARE
Largest movements
- Cash -€44,631
down €44,631 (-18.2%), from €244,633 to €200,002
mainly Other debts (-€47,652) and Trade debts (-€15,466)
- Intangible fixed assets -€24,060
down €24,060 (-49.7%), from €48,426 to €24,365
- Receivables within one year -€9,743
down €9,743 (-28.2%), from €34,574 to €24,831
of which Trade receivables: -€16,147
- Other debts -€47,652
down €47,652 (-29.0%), from €164,421 to €116,769
- Trade debts -€15,466
down €15,466 (-54.0%), from €28,619 to €13,153
- Reserves -€6,944
down €6,944 (-6.4%), from €108,581 to €101,637
- Tax, wage and social debts -€5,266
down €5,266 (-99.0%), from €5,316 to €51
- Gross operating margin -€32,855
down €32,855 (-65.2%), from €50,409 to €17,555
- Depreciation -€5,677
down €5,677 (-19.1%), from €29,738 to €24,060
- Taxes -€4,295
down €4,295 (-100%), from €4,295 to €0
- Financial charges -€3,104
down €3,104 (-85.9%), from €3,611 to €508
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 | €328,569 | €250,235 | -€78,335 | -23.8% |
| Fixed assets | 21/28 | €48,426 | €24,365 | -€24,060 | -49.7% |
| Intangible fixed assets | 21 | €48,426 | €24,365 | -€24,060 | -49.7% |
| Current assets | 29/58 | €280,144 | €225,869 | -€54,274 | -19.4% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Stocks | 30/36 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €34,574 | €24,831 | -€9,743 | -28.2% |
| Trade receivables | 40 | €31,074 | €14,927 | -€16,147 | -52.0% |
| Other amounts receivable | 41 | €3,500 | €9,904 | +€6,404 | +183% |
| Cash at bank and in hand | 54/58 | €244,633 | €200,002 | -€44,631 | -18.2% |
| Deferred charges and accrued income | 490/1 | €937 | €1,037 | +€99 | +10.6% |
| Total equity and liabilities | 10/49 | €328,569 | €250,235 | -€78,335 | -23.8% |
| Equity | 10/15 | €127,131 | €120,187 | -€6,944 | -5.5% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €108,581 | €101,637 | -€6,944 | -6.4% |
| Distributable reserves | 133 | €108,581 | €101,637 | -€6,944 | -6.4% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €201,438 | €130,047 | -€71,391 | -35.4% |
| Amounts payable within one year | 42/48 | €198,357 | €130,047 | -€68,309 | -34.4% |
| Financial debts | 43 | - | €75 | +€75 | |
| Credit institutions | 430/8 | - | €75 | +€75 | |
| Trade debts | 44 | €28,619 | €13,153 | -€15,466 | -54.0% |
| Suppliers | 440/4 | €28,619 | €13,153 | -€15,466 | -54.0% |
| Taxes, remuneration and social security | 45 | €5,316 | €51 | -€5,266 | -99.0% |
| Taxes | 450/3 | €5,316 | €51 | -€5,266 | -99.0% |
| Other amounts payable | 47/48 | €164,421 | €116,769 | -€47,652 | -29.0% |
| Accrued charges and deferred income | 492/3 | €3,081 | €0 | -€3,081 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,738 | €24,060 | -€5,677 | -19.1% |
| Other operating charges | 640/8 | €528 | €544 | +€16 | +3.0% |
| Gross operating margin | 9900 | €50,409 | €17,555 | -€32,855 | -65.2% |
| Operating profit (loss) | 9901 | €20,144 | -€7,050 | -€27,193 | |
| Financial income | 75/76B | €649 | €613 | -€36 | -5.5% |
| Recurring financial income | 75 | €649 | €613 | -€36 | -5.5% |
| Financial charges | 65/66B | €3,611 | €508 | -€3,104 | -85.9% |
| Recurring financial charges | 65 | €3,611 | €508 | -€3,104 | -85.9% |
| Profit (loss) for the period before taxes | 9903 | €17,181 | -€6,944 | -€24,126 | |
| Income taxes | 67/77 | €4,295 | €0 | -€4,295 | -100% |
| Profit (loss) for the period | 9904 | €12,886 | -€6,944 | -€19,830 | |
| Profit (loss) for the period to be appropriated | 9905 | €12,886 | -€6,944 | -€19,830 |
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 17 October 2026 via checked.be.