BAGNO HOME CONSTRUCT: 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.
BAGNO HOME CONSTRUCT
Largest movements
- Cash -€9,649
down €9,649 (-20.1%), from €47,932 to €38,283
mainly Investment in fixed assets (net) (-€15,810) and Receivables within one year (-€8,494)
- Receivables within one year +€8,494
up €8,494 (+90.4%), from €9,397 to €17,891
of which Trade receivables: +€10,743
- Stocks and contracts -€7,280
no longer reported in 2025 (was €7,280)
- Tangible fixed assets +€7,098
up €7,098 (+39.9%), from €17,787 to €24,885
of which Land and buildings: +€14,010
- Trade debts -€3,434
down €3,434 (-30.8%), from €11,143 to €7,709
- Reserves +€3,250
up €3,250 (+19.4%), from €16,750 to €20,000
- Current portion of long-term debt -€2,074
down €2,074 (-66.1%), from €3,140 to €1,066
- Tax, wage and social debts +€1,645
new in 2025: €1,645
- Debts after one year -€1,066
no longer reported in 2025 (was €1,066)
- Staff costs -€4,308
down €4,308, from €4,193 to -€115
- Gross operating margin +€1,645
up €1,645 (+14.0%), from €11,773 to €13,418
- Taxes +€325
new in 2025: €325
- Financial charges -€148
down €148 (-27.0%), from €547 to €399
- Financial income -€135
down €135 (-72.8%), from €186 to €51
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 | €82,462 | €81,185 | -€1,278 | -1.5% |
| Fixed assets | 21/28 | €17,787 | €24,885 | +€7,098 | +39.9% |
| Tangible fixed assets | 22/27 | €17,787 | €24,885 | +€7,098 | +39.9% |
| Land and buildings | 22 | - | €14,010 | +€14,010 | |
| Plant, machinery and equipment | 23 | €12,390 | €6,144 | -€6,246 | -50.4% |
| Furniture and vehicles | 24 | €5,397 | €4,730 | -€667 | -12.4% |
| Current assets | 29/58 | €64,675 | €56,300 | -€8,375 | -12.9% |
| Stocks and contracts in progress | 3 | €7,280 | - | -€7,280 | |
| Stocks | 30/36 | €7,280 | - | -€7,280 | |
| Amounts receivable within one year | 40/41 | €9,397 | €17,891 | +€8,494 | +90.4% |
| Trade receivables | 40 | €1,783 | €12,526 | +€10,743 | +603% |
| Other amounts receivable | 41 | €7,614 | €5,365 | -€2,249 | -29.5% |
| Cash at bank and in hand | 54/58 | €47,932 | €38,283 | -€9,649 | -20.1% |
| Deferred charges and accrued income | 490/1 | €66 | €126 | +€60 | +89.9% |
| Total equity and liabilities | 10/49 | €82,462 | €81,185 | -€1,278 | -1.5% |
| Equity | 10/15 | €42,693 | €46,046 | +€3,353 | +7.9% |
| Contributions | 10/11 | €8,060 | €8,060 | = | 0.0% |
| Reserves | 13 | €16,750 | €20,000 | +€3,250 | +19.4% |
| Distributable reserves | 133 | €16,750 | €20,000 | +€3,250 | +19.4% |
| Profit (loss) carried forward | 14 | €17,883 | €17,986 | +€103 | +0.6% |
| Amounts payable | 17/49 | €39,770 | €35,139 | -€4,630 | -11.6% |
| Amounts payable after more than one year | 17 | €1,066 | - | -€1,066 | |
| Financial debts | 170/4 | €1,066 | - | -€1,066 | |
| Amounts payable within one year | 42/48 | €38,703 | €35,139 | -€3,564 | -9.2% |
| Current portion of amounts payable after more than one year | 42 | €3,140 | €1,066 | -€2,074 | -66.1% |
| Financial debts | 43 | €110 | - | -€110 | |
| Credit institutions | 430/8 | €110 | - | -€110 | |
| Trade debts | 44 | €11,143 | €7,709 | -€3,434 | -30.8% |
| Suppliers | 440/4 | €11,143 | €7,709 | -€3,434 | -30.8% |
| Taxes, remuneration and social security | 45 | - | €1,645 | +€1,645 | |
| Taxes | 450/3 | - | €1,645 | +€1,645 | |
| Other amounts payable | 47/48 | €24,310 | €24,720 | +€409 | +1.7% |
| Remuneration, social security and pensions | 62 | €4,193 | -€115 | -€4,308 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,594 | €8,713 | +€118 | +1.4% |
| Other operating charges | 640/8 | €805 | €793 | -€12 | -1.5% |
| Gross operating margin | 9900 | €11,773 | €13,418 | +€1,645 | +14.0% |
| Operating profit (loss) | 9901 | -€1,820 | €4,027 | +€5,846 | |
| Financial income | 75/76B | €186 | €51 | -€135 | -72.8% |
| Recurring financial income | 75 | €186 | €51 | -€135 | -72.8% |
| Financial charges | 65/66B | €547 | €399 | -€148 | -27.0% |
| Recurring financial charges | 65 | €547 | €399 | -€148 | -27.0% |
| Profit (loss) for the period before taxes | 9903 | -€2,181 | €3,678 | +€5,859 | |
| Income taxes | 67/77 | - | €325 | +€325 | |
| Profit (loss) for the period | 9904 | -€2,181 | €3,353 | +€5,534 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,181 | €3,353 | +€5,534 |
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 18 October 2026 via checked.be.