BAG.Y TM: 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.
BAG.Y TM
Largest movements
- Cash +€26,111
up €26,111 (+65,278%), from €40 to €26,151
mainly Other debts (+€24,344) and Net result for the year (+€22,453)
- Receivables within one year -€8,389
down €8,389 (-48.0%), from €17,495 to €9,106
of which Other amounts receivable: -€6,736
- Tangible fixed assets -€6,927
down €6,927 (-8.9%), from €78,090 to €71,163
of which Furniture and vehicles: -€6,327
- Trade debts -€32,217
down €32,217 (-41.0%), from €78,589 to €46,372
- Other debts +€24,344
up €24,344 (+779%), from €3,126 to €27,470
- Profit (loss) carried forward +€22,453
up €22,453 (+61.2%), from -€36,679 to -€14,226
- Tax, wage and social debts -€4,698
down €4,698 (-44.9%), from €10,474 to €5,776
- Gross operating margin +€34,551
up €34,551 (+394%), from €8,772 to €43,323
- Depreciation +€8,709
up €8,709 (+206%), from €4,223 to €12,932
- Taxes +€5,837
up €5,837 (+354%), from €1,648 to €7,485
- Other operating charges -€724
down €724 (-92.1%), from €786 to €62
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 | €98,114 | €107,996 | +€9,882 | +10.1% |
| Fixed assets | 21/28 | €78,090 | €71,163 | -€6,927 | -8.9% |
| Tangible fixed assets | 22/27 | €78,090 | €71,163 | -€6,927 | -8.9% |
| Land and buildings | 22 | €42,982 | €39,559 | -€3,423 | -8.0% |
| Plant, machinery and equipment | 23 | €1,050 | €3,873 | +€2,823 | +269% |
| Furniture and vehicles | 24 | €34,058 | €27,731 | -€6,327 | -18.6% |
| Current assets | 29/58 | €20,024 | €36,833 | +€16,809 | +83.9% |
| Stocks and contracts in progress | 3 | €1,313 | €1,313 | = | 0.0% |
| Stocks | 30/36 | €1,313 | €1,313 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €17,495 | €9,106 | -€8,389 | -48.0% |
| Trade receivables | 40 | €10,648 | €8,995 | -€1,653 | -15.5% |
| Other amounts receivable | 41 | €6,847 | €111 | -€6,736 | -98.4% |
| Cash at bank and in hand | 54/58 | €40 | €26,151 | +€26,111 | +65,278% |
| Deferred charges and accrued income | 490/1 | €1,176 | €263 | -€913 | -77.6% |
| Total equity and liabilities | 10/49 | €98,114 | €107,996 | +€9,882 | +10.1% |
| Equity | 10/15 | -€24,075 | -€1,622 | +€22,453 | +93.3% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €204 | €204 | = | 0.0% |
| Non-distributable reserves | 130/1 | €204 | €204 | = | 0.0% |
| Reserves not available under the articles | 1311 | €204 | €204 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€36,679 | -€14,226 | +€22,453 | +61.2% |
| Amounts payable | 17/49 | €122,189 | €109,618 | -€12,571 | -10.3% |
| Amounts payable after more than one year | 17 | €30,000 | €30,000 | = | 0.0% |
| Other amounts payable | 178/9 | €30,000 | €30,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €92,189 | €79,618 | -€12,571 | -13.6% |
| Trade debts | 44 | €78,589 | €46,372 | -€32,217 | -41.0% |
| Suppliers | 440/4 | €78,589 | €46,372 | -€32,217 | -41.0% |
| Taxes, remuneration and social security | 45 | €10,474 | €5,776 | -€4,698 | -44.9% |
| Taxes | 450/3 | €10,474 | €5,776 | -€4,698 | -44.9% |
| Other amounts payable | 47/48 | €3,126 | €27,470 | +€24,344 | +779% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,223 | €12,932 | +€8,709 | +206% |
| Other operating charges | 640/8 | €786 | €62 | -€724 | -92.1% |
| Gross operating margin | 9900 | €8,772 | €43,323 | +€34,551 | +394% |
| Operating profit (loss) | 9901 | €3,763 | €30,329 | +€26,566 | +706% |
| Financial income | 75/76B | €82 | - | -€82 | |
| Recurring financial income | 75 | €82 | - | -€82 | |
| Financial charges | 65/66B | €415 | €391 | -€24 | -5.8% |
| Recurring financial charges | 65 | €415 | €391 | -€24 | -5.8% |
| Profit (loss) for the period before taxes | 9903 | €3,430 | €29,938 | +€26,508 | +773% |
| Income taxes | 67/77 | €1,648 | €7,485 | +€5,837 | +354% |
| Profit (loss) for the period | 9904 | €1,782 | €22,453 | +€20,671 | +1,160% |
| Profit (loss) for the period to be appropriated | 9905 | €1,782 | €22,453 | +€20,671 | +1,160% |
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 25 October 2026 via checked.be.