BAGLIDENT: 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.
BAGLIDENT
Largest movements
- Cash +€34,209
up €34,209 (+23.6%), from €144,769 to €178,978
mainly Net result for the year (+€44,744) and Depreciation (+€11,205)
- Receivables within one year -€9,542
down €9,542 (-94.3%), from €10,120 to €578
of which Other amounts receivable: -€9,517
- Tangible fixed assets -€5,205
down €5,205 (-14.6%), from €35,633 to €30,428
of which Furniture and vehicles: -€4,565
- Reserves +€32,700
up €32,700 (+29.3%), from €111,560 to €144,260
- Other debts -€7,941
down €7,941 (-26.0%), from €30,500 to €22,559
- Debts after one year -€7,790
down €7,790 (-40.2%), from €19,364 to €11,574
- Tax, wage and social debts +€2,315
up €2,315 (+18.4%), from €12,557 to €14,871
of which Taxes: +€2,315
- Turnover +€14,768
up €14,768 (+11.8%), from €124,781 to €139,549
- Gross operating margin +€13,603
up €13,603 (+22.1%), from €61,601 to €75,204
- Taxes +€3,481
up €3,481 (+25.3%), from €13,783 to €17,264
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.
Cash bridge derived
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 | €190,993 | €210,512 | +€19,519 | +10.2% |
| Fixed assets | 21/28 | €35,633 | €30,428 | -€5,205 | -14.6% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €35,633 | €30,428 | -€5,205 | -14.6% |
| Plant, machinery and equipment | 23 | €2,296 | €1,656 | -€640 | -27.9% |
| Furniture and vehicles | 24 | €33,337 | €28,772 | -€4,565 | -13.7% |
| Current assets | 29/58 | €155,360 | €180,084 | +€24,724 | +15.9% |
| Amounts receivable within one year | 40/41 | €10,120 | €578 | -€9,542 | -94.3% |
| Trade receivables | 40 | €603 | €578 | -€25 | -4.1% |
| Other amounts receivable | 41 | €9,517 | €0 | -€9,517 | -100.0% |
| Cash at bank and in hand | 54/58 | €144,769 | €178,978 | +€34,209 | +23.6% |
| Deferred charges and accrued income | 490/1 | €471 | €528 | +€58 | +12.2% |
| Total equity and liabilities | 10/49 | €190,993 | €210,512 | +€19,519 | +10.2% |
| Equity | 10/15 | €120,048 | €152,793 | +€32,744 | +27.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €111,560 | €144,260 | +€32,700 | +29.3% |
| Distributable reserves | 133 | €111,560 | €144,260 | +€32,700 | +29.3% |
| Profit (loss) carried forward | 14 | €2,288 | €2,333 | +€44 | +1.9% |
| Amounts payable | 17/49 | €70,945 | €57,720 | -€13,225 | -18.6% |
| Amounts payable after more than one year | 17 | €19,364 | €11,574 | -€7,790 | -40.2% |
| Financial debts | 170/4 | €19,364 | €11,574 | -€7,790 | -40.2% |
| Amounts payable within one year | 42/48 | €51,580 | €46,145 | -€5,435 | -10.5% |
| Current portion of amounts payable after more than one year | 42 | €7,790 | €7,790 | = | 0.0% |
| Financial debts | 43 | €0 | €3 | +€3 | |
| Credit institutions | 430/8 | €0 | €3 | +€3 | |
| Trade debts | 44 | €734 | €922 | +€188 | +25.7% |
| Suppliers | 440/4 | €734 | €922 | +€188 | +25.7% |
| Taxes, remuneration and social security | 45 | €12,557 | €14,871 | +€2,315 | +18.4% |
| Taxes | 450/3 | €12,557 | €14,871 | +€2,315 | +18.4% |
| Remuneration and social security | 454/9 | €0 | €0 | = | |
| Other amounts payable | 47/48 | €30,500 | €22,559 | -€7,941 | -26.0% |
| Turnover | 70 | €124,781 | €139,549 | +€14,768 | +11.8% |
| Goods, raw materials, services and sundry goods | 60/61 | €68,236 | €69,559 | +€1,324 | +1.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,909 | €11,205 | +€296 | +2.7% |
| Other operating charges | 640/8 | €732 | €757 | +€25 | +3.5% |
| Gross operating margin | 9900 | €61,601 | €75,204 | +€13,603 | +22.1% |
| Operating profit (loss) | 9901 | €49,960 | €63,242 | +€13,282 | +26.6% |
| Financial income | 75/76B | €574 | €0 | -€574 | -99.9% |
| Recurring financial income | 75 | €574 | €0 | -€574 | -99.9% |
| Financial charges | 65/66B | €1,309 | €1,234 | -€74 | -5.7% |
| Recurring financial charges | 65 | €1,309 | €1,234 | -€74 | -5.7% |
| Profit (loss) for the period before taxes | 9903 | €49,226 | €62,008 | +€12,782 | +26.0% |
| Income taxes | 67/77 | €13,783 | €17,264 | +€3,481 | +25.3% |
| Profit (loss) for the period | 9904 | €35,443 | €44,744 | +€9,301 | +26.2% |
| Profit (loss) for the period to be appropriated | 9905 | €35,443 | €44,744 | +€9,301 | +26.2% |
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 11 October 2026 via checked.be.