BAHIA: 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.
BAHIA
Largest movements
- Receivables within one year +€2,388
up €2,388 (+2.8%), from €84,247 to €86,635
of which Other amounts receivable: +€1,431
- Other debts +€78,870
up €78,870 (+56.6%), from €139,278 to €218,148
- Short-term financial debts -€74,724
no longer reported in 2025 (was €74,724)
- Profit (loss) carried forward -€4,622
down €4,622 (-2.5%), from -€188,151 to -€192,773
- Trade debts +€2,894
up €2,894 (+5.7%), from €50,675 to €53,569
- Financial charges -€3,862
down €3,862 (-39.5%), from €9,786 to €5,924
- Gross operating margin -€1,589
down €1,589 (-41.2%), from €3,854 to €2,265
- Taxes -€245
no longer reported in 2025 (was €245)
- Other operating charges -€151
down €151 (-13.5%), from €1,114 to €963
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 | €135,455 | €137,628 | +€2,173 | +1.6% |
| Current assets | 29/58 | €135,455 | €137,628 | +€2,173 | +1.6% |
| Stocks and contracts in progress | 3 | €45,110 | €43,807 | -€1,303 | -2.9% |
| Stocks | 30/36 | €45,110 | €43,807 | -€1,303 | -2.9% |
| Amounts receivable within one year | 40/41 | €84,247 | €86,635 | +€2,388 | +2.8% |
| Trade receivables | 40 | €83,739 | €84,696 | +€957 | +1.1% |
| Other amounts receivable | 41 | €508 | €1,939 | +€1,431 | +281.4% |
| Cash at bank and in hand | 54/58 | €6,098 | €7,186 | +€1,088 | +17.8% |
| Total equity and liabilities | 10/49 | €135,455 | €137,628 | +€2,173 | +1.6% |
| Equity | 10/15 | -€136,292 | -€140,914 | -€4,622 | -3.4% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Contributions outside capital | 11 | €50,000 | €50,000 | = | 0.0% |
| Other | 1109/19 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€188,151 | -€192,773 | -€4,622 | -2.5% |
| Amounts payable | 17/49 | €271,747 | €278,542 | +€6,795 | +2.5% |
| Amounts payable within one year | 42/48 | €271,747 | €278,542 | +€6,795 | +2.5% |
| Financial debts | 43 | €74,724 | - | -€74,724 | |
| Credit institutions | 430/8 | €74,724 | - | -€74,724 | |
| Trade debts | 44 | €50,675 | €53,569 | +€2,894 | +5.7% |
| Suppliers | 440/4 | €50,675 | €53,569 | +€2,894 | +5.7% |
| Advances received on contracts in progress | 46 | €6,580 | €6,580 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €490 | €245 | -€245 | -50.1% |
| Taxes | 450/3 | €490 | €245 | -€245 | -50.1% |
| Other amounts payable | 47/48 | €139,278 | €218,148 | +€78,870 | +56.6% |
| Other operating charges | 640/8 | €1,114 | €963 | -€151 | -13.5% |
| Gross operating margin | 9900 | €3,854 | €2,265 | -€1,589 | -41.2% |
| Operating profit (loss) | 9901 | €2,740 | €1,302 | -€1,438 | -52.5% |
| Financial charges | 65/66B | €9,786 | €5,924 | -€3,862 | -39.5% |
| Recurring financial charges | 65 | €9,786 | €5,924 | -€3,862 | -39.5% |
| Profit (loss) for the period before taxes | 9903 | -€7,046 | -€4,622 | +€2,424 | +34.4% |
| Income taxes | 67/77 | €245 | - | -€245 | |
| Profit (loss) for the period | 9904 | -€7,290 | -€4,622 | +€2,668 | +36.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,290 | -€4,622 | +€2,668 | +36.6% |
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 12 October 2026 via checked.be.