BAH-KONE: what changed
What changed
BAH-KONE
NACE 49.330, On-demand passenger transport by chauffeured vehicle
filed annual accounts (NBB)
Net result for the year
€7,322
2024 · €8,684-€1,362
Equity
€91,527
2024 · €84,205+€7,322
Cash
€1,780
2024 · €1,780
Balance sheet total
€180,722
2024 · €135,176+€45,546
Largest movements
Assets
- Receivables within one year +€50,984
up €50,984 (+63.5%), from €80,228 to €131,212
of which Trade receivables: +€47,428
- Tangible fixed assets -€2,906
down €2,906 (-49.1%), from €5,923 to €3,016
- Stocks and contracts -€2,531
down €2,531 (-11.5%), from €21,956 to €19,425
Equity and liabilities
- Trade debts +€34,565
up €34,565 (+281%), from €12,303 to €46,868
- Profit (loss) carried forward +€7,322
up €7,322 (+10.6%), from €68,809 to €76,131
- Other debts -€6,875
down €6,875 (-22.7%), from €30,232 to €23,357
- Short-term financial debts +€6,694
up €6,694 (+82.5%), from €8,110 to €14,804
- Tax, wage and social debts +€4,166
new in 2025: €4,166
Income statement
- Staff costs -€26,942
down €26,942 (-35.4%), from €76,145 to €49,202
- Gross operating margin -€25,545
down €25,545 (-24.6%), from €103,785 to €78,240
- Purchases and services +€12,991
up €12,991 (+5.5%), from €237,182 to €250,173
- Turnover -€12,554
down €12,554 (-3.7%), from €340,966 to €328,413
- Taxes -€4,378
down €4,378 (-92.7%), from €4,724 to €346
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.
Result 2024
€8,684
Gross operating margin
-€25,545
Staff costs
+€26,942
Other operating charges
-€4,091
Other operating items
-€5,041
Financial charges
+€1,995
Taxes
+€4,378
Result 2025
€7,322
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
-€6,368
Investment
€0
Financing
+€6,368
Cash 2024
€1,780
From operations (derived)
-€6,368
Net result for the year
+€7,322
Depreciation
+€2,906
Stocks and contracts
+€2,531
Receivables within one year
-€50,984
Trade debts
+€34,565
Tax, wage and social debts
+€4,166
Other debts
-€6,875
Financing
+€6,368
Current portion of long-term debt
-€326
Short-term financial debts
+€6,694
Cash 2025
€1,780
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €135,176 | €180,722 | +€45,546 | +33.7% |
| Fixed assets | 21/28 | €9,883 | €6,976 | -€2,906 | -29.4% |
| Tangible fixed assets | 22/27 | €5,923 | €3,016 | -€2,906 | -49.1% |
| Furniture and vehicles | 24 | €5,923 | €3,016 | -€2,906 | -49.1% |
| Financial fixed assets | 28 | €3,960 | €3,960 | = | 0.0% |
| Current assets | 29/58 | €125,293 | €173,746 | +€48,453 | +38.7% |
| Stocks and contracts in progress | 3 | €21,956 | €19,425 | -€2,531 | -11.5% |
| Stocks | 30/36 | €21,956 | €19,425 | -€2,531 | -11.5% |
| Amounts receivable within one year | 40/41 | €80,228 | €131,212 | +€50,984 | +63.5% |
| Trade receivables | 40 | €75,386 | €122,814 | +€47,428 | +62.9% |
| Other amounts receivable | 41 | €4,842 | €8,398 | +€3,556 | +73.4% |
| Cash at bank and in hand | 54/58 | €1,780 | €1,780 | = | 0.0% |
| Deferred charges and accrued income | 490/1 | €21,329 | €21,329 | = | 0.0% |
| Total equity and liabilities | 10/49 | €135,176 | €180,722 | +€45,546 | +33.7% |
| Equity | 10/15 | €84,205 | €91,527 | +€7,322 | +8.7% |
| Contributions | 10/11 | €12,165 | €12,165 | = | 0.0% |
| Reserves | 13 | €3,232 | €3,232 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,232 | €3,232 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,232 | €3,232 | = | 0.0% |
| Profit (loss) carried forward | 14 | €68,809 | €76,131 | +€7,322 | +10.6% |
| Amounts payable | 17/49 | €50,970 | €89,195 | +€38,224 | +75.0% |
| Amounts payable within one year | 42/48 | €50,970 | €89,195 | +€38,224 | +75.0% |
| Current portion of amounts payable after more than one year | 42 | €326 | - | -€326 | |
| Financial debts | 43 | €8,110 | €14,804 | +€6,694 | +82.5% |
| Credit institutions | 430/8 | €8,110 | €14,804 | +€6,694 | +82.5% |
| Trade debts | 44 | €12,303 | €46,868 | +€34,565 | +281% |
| Suppliers | 440/4 | €12,303 | €46,868 | +€34,565 | +281% |
| Taxes, remuneration and social security | 45 | - | €4,166 | +€4,166 | |
| Remuneration and social security | 454/9 | - | €4,166 | +€4,166 | |
| Other amounts payable | 47/48 | €30,232 | €23,357 | -€6,875 | -22.7% |
| Turnover | 70 | €340,966 | €328,413 | -€12,554 | -3.7% |
| Goods, raw materials, services and sundry goods | 60/61 | €237,182 | €250,173 | +€12,991 | +5.5% |
| Remuneration, social security and pensions | 62 | €76,145 | €49,202 | -€26,942 | -35.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,906 | €2,906 | = | 0.0% |
| Other operating charges | 640/8 | €4,316 | €8,408 | +€4,091 | +94.8% |
| Non-recurring operating charges | 66A | - | €5,041 | +€5,041 | |
| Gross operating margin | 9900 | €103,785 | €78,240 | -€25,545 | -24.6% |
| Operating profit (loss) | 9901 | €20,417 | €12,682 | -€7,735 | -37.9% |
| Financial charges | 65/66B | €7,009 | €5,014 | -€1,995 | -28.5% |
| Recurring financial charges | 65 | €7,009 | €5,014 | -€1,995 | -28.5% |
| Profit (loss) for the period before taxes | 9903 | €13,408 | €7,668 | -€5,740 | -42.8% |
| Income taxes | 67/77 | €4,724 | €346 | -€4,378 | -92.7% |
| Profit (loss) for the period | 9904 | €8,684 | €7,322 | -€1,362 | -15.7% |
| Profit (loss) for the period to be appropriated | 9905 | €8,684 | €7,322 | -€1,362 | -15.7% |
Next steps
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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 3 November 2026 via checked.be.