BAGUI-SERVICES: what changed
Two fiscal 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.
BAGUI-SERVICES
Largest movements
- Cash +€11,652
up €11,652 (+55.7%), from €20,921 to €32,573
mainly Trade debts (+€20,328) and Other debts (+€18,749)
- Receivables within one year +€5,770
up €5,770 (+4.7%), from €122,829 to €128,599
of which Trade receivables: +€9,791
- Tax, wage and social debts -€25,964
down €25,964 (-6.9%), from €374,294 to €348,330
of which Taxes: -€22,421
- Trade debts +€20,328
up €20,328 (+499.8%), from €4,067 to €24,395
- Other debts +€18,749
up €18,749 (+46260.0%), from €41 to €18,790
- Current portion of long-term debt +€3,470
up €3,470 (+6.9%), from €50,000 to €53,470
- Turnover +€1.5m
new in 2024: €1.5m
- Gross operating margin +€163,098
up €163,098 (+13.1%), from €1.2m to €1.4m
- Staff costs +€141,368
up €141,368 (+12.3%), from €1.1m to €1.3m
- Purchases and services +€100,231
new in 2024: €100,231
- Taxes +€77,310
up €77,310 (+355.5%), from €21,748 to €99,058
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €167,729 | €184,496 | +€16,767 | +10.0% |
| Fixed assets | 21/28 | €23,980 | €23,323 | -€656 | -2.7% |
| Tangible fixed assets | 22/27 | €21,390 | €20,733 | -€656 | -3.1% |
| Other tangible fixed assets | 26 | €21,390 | €20,733 | -€656 | -3.1% |
| Financial fixed assets | 28 | €2,590 | €2,590 | = | 0.0% |
| Current assets | 29/58 | €143,750 | €161,172 | +€17,423 | +12.1% |
| Amounts receivable within one year | 40/41 | €122,829 | €128,599 | +€5,770 | +4.7% |
| Trade receivables | 40 | €93,569 | €103,360 | +€9,791 | +10.5% |
| Other amounts receivable | 41 | €29,260 | €25,239 | -€4,021 | -13.7% |
| Cash at bank and in hand | 54/58 | €20,921 | €32,573 | +€11,652 | +55.7% |
| Total equity and liabilities | 10/49 | €167,729 | €184,496 | +€16,767 | +10.0% |
| Equity | 10/15 | -€260,673 | -€260,489 | +€184 | +0.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €2,004 | €2,004 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,004 | €2,004 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,004 | €2,004 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€281,277 | -€281,093 | +€184 | +0.1% |
| Amounts payable | 17/49 | €428,402 | €444,985 | +€16,583 | +3.9% |
| Amounts payable within one year | 42/48 | €428,402 | €444,985 | +€16,583 | +3.9% |
| Current portion of amounts payable after more than one year | 42 | €50,000 | €53,470 | +€3,470 | +6.9% |
| Trade debts | 44 | €4,067 | €24,395 | +€20,328 | +499.8% |
| Suppliers | 440/4 | €4,067 | €24,395 | +€20,328 | +499.8% |
| Taxes, remuneration and social security | 45 | €374,294 | €348,330 | -€25,964 | -6.9% |
| Taxes | 450/3 | €241,338 | €218,916 | -€22,421 | -9.3% |
| Remuneration and social security | 454/9 | €132,957 | €129,414 | -€3,543 | -2.7% |
| Other amounts payable | 47/48 | €41 | €18,790 | +€18,749 | +46260.0% |
| Turnover | 70 | - | €1,485,247 | +€1.5m | |
| Non-recurring operating income | 76A | €52 | €1,259 | +€1,207 | +2312.9% |
| Goods, raw materials, services and sundry goods | 60/61 | - | €100,231 | +€100,231 | |
| Remuneration, social security and pensions | 62 | €1,148,441 | €1,289,809 | +€141,368 | +12.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €393 | €656 | +€263 | +67.0% |
| Other operating charges | 640/8 | €85 | €100 | +€15 | +17.6% |
| Non-recurring operating charges | 66A | €91,060 | - | -€91,060 | |
| Gross operating margin | 9900 | €1,243,748 | €1,406,846 | +€163,098 | +13.1% |
| Operating profit (loss) | 9901 | €3,769 | €116,281 | +€112,512 | +2985.3% |
| Financial charges | 65/66B | €59,211 | €3,039 | -€56,172 | -94.9% |
| Recurring financial charges | 65 | €1,020 | €3,039 | +€2,019 | +197.9% |
| Non-recurring financial charges | 66B | €58,191 | - | -€58,191 | |
| Profit (loss) for the period before taxes | 9903 | -€55,442 | €113,242 | +€168,684 | |
| Income taxes | 67/77 | €21,748 | €99,058 | +€77,310 | +355.5% |
| Profit (loss) for the period | 9904 | -€77,190 | €14,184 | +€91,374 | |
| Profit (loss) for the period to be appropriated | 9905 | -€77,190 | €14,184 | +€91,374 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.