Bagins: what changed
Bagins
Largest movements
- Financial fixed assets -€25,000
down €25,000 (-98.6%), from €25,363 to €363
- Cash +€16,170
up €16,170 (+14.1%), from €114,834 to €131,004
mainly Investment in fixed assets (net) (+€25,000) and Tax, wage and social debts (+€10,332)
- Receivables within one year +€10,913
up €10,913 (+328%), from €3,332 to €14,245
of which Other amounts receivable: +€10,946
- Reserves -€13,349
down €13,349 (-13.0%), from €102,416 to €89,066
- Tax, wage and social debts +€10,332
up €10,332 (+36.9%), from €27,962 to €38,294
of which Remuneration and social security: +€10,059
- Trade debts +€6,120
up €6,120 (+88.1%), from €6,950 to €13,070
- Staff costs +€110,211
up €110,211 (+40.6%), from €271,759 to €381,971
- Gross operating margin +€65,182
up €65,182 (+21.6%), from €302,460 to €367,642
- Taxes -€8,418
down €8,418 (-99.9%), from €8,428 to €10
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €143,528 | €146,630 | +€3,102 | +2.2% |
| Fixed assets | 21/28 | €25,363 | €363 | -€25,000 | -98.6% |
| Financial fixed assets | 28 | €25,363 | €363 | -€25,000 | -98.6% |
| Current assets | 29/58 | €118,165 | €146,267 | +€28,102 | +23.8% |
| Amounts receivable within one year | 40/41 | €3,332 | €14,245 | +€10,913 | +328% |
| Trade receivables | 40 | €1,759 | €1,727 | -€33 | -1.9% |
| Other amounts receivable | 41 | €1,572 | €12,518 | +€10,946 | +696% |
| Cash at bank and in hand | 54/58 | €114,834 | €131,004 | +€16,170 | +14.1% |
| Deferred charges and accrued income | 490/1 | - | €1,019 | +€1,019 | |
| Total equity and liabilities | 10/49 | €143,528 | €146,630 | +€3,102 | +2.2% |
| Equity | 10/15 | €108,616 | €95,266 | -€13,349 | -12.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €102,416 | €89,066 | -€13,349 | -13.0% |
| Distributable reserves | 133 | €102,416 | €89,066 | -€13,349 | -13.0% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €34,912 | €51,364 | +€16,451 | +47.1% |
| Amounts payable within one year | 42/48 | €34,912 | €51,364 | +€16,451 | +47.1% |
| Trade debts | 44 | €6,950 | €13,070 | +€6,120 | +88.1% |
| Suppliers | 440/4 | €6,950 | €13,070 | +€6,120 | +88.1% |
| Taxes, remuneration and social security | 45 | €27,962 | €38,294 | +€10,332 | +36.9% |
| Taxes | 450/3 | €41 | €313 | +€273 | +669% |
| Remuneration and social security | 454/9 | €27,921 | €37,980 | +€10,059 | +36.0% |
| Remuneration, social security and pensions | 62 | €271,759 | €381,971 | +€110,211 | +40.6% |
| Other operating charges | 640/8 | €428 | €572 | +€144 | +33.6% |
| Gross operating margin | 9900 | €302,460 | €367,642 | +€65,182 | +21.6% |
| Operating profit (loss) | 9901 | €30,272 | -€14,901 | -€45,173 | |
| Financial income | 75/76B | - | €1,817 | +€1,817 | |
| Recurring financial income | 75 | - | €1,817 | +€1,817 | |
| Financial charges | 65/66B | €252 | €255 | +€3 | +1.3% |
| Recurring financial charges | 65 | €252 | €255 | +€3 | +1.3% |
| Profit (loss) for the period before taxes | 9903 | €30,020 | -€13,339 | -€43,359 | |
| Income taxes | 67/77 | €8,428 | €10 | -€8,418 | -99.9% |
| Profit (loss) for the period | 9904 | €21,592 | -€13,349 | -€34,942 | |
| Profit (loss) for the period to be appropriated | 9905 | €21,592 | -€13,349 | -€34,942 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.