BAHIA: 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.
BAHIA
Largest movements
- Tangible fixed assets +€27,038
up €27,038 (+5.1%), from €530,516 to €557,553
of which Land and buildings: +€18,338
- Profit (loss) carried forward +€38,726
up €38,726 (+18.2%), from -€213,304 to -€174,579
- Trade debts +€34,527
up €34,527 (+22.0%), from €156,685 to €191,211
- Other debts -€28,134
down €28,134 (-5.9%), from €479,162 to €451,028
- Tax, wage and social debts -€13,351
down €13,351 (-36.3%), from €36,772 to €23,422
of which Remuneration and social security: -€10,891
- Accrued charges and deferred income -€8,712
down €8,712 (-96.8%), from €9,004 to €292
- Gross operating margin -€33,030
down €33,030 (-11.0%), from €300,993 to €267,964
- Staff costs -€20,804
down €20,804 (-11.5%), from €180,147 to €159,343
- Financial charges +€10,614
up €10,614 (+174.4%), from €6,085 to €16,699
of which Non-recurring financial charges: +€8,600
- Financial income +€6,716
up €6,716 (+2261.1%), from €297 to €7,014
of which Non-recurring financial income: +€7,014
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 | €581,664 | €604,719 | +€23,056 | +4.0% |
| Formation expenses | 20 | €4,900 | €0 | -€4,900 | -100.0% |
| Fixed assets | 21/28 | €530,516 | €557,553 | +€27,038 | +5.1% |
| Tangible fixed assets | 22/27 | €530,516 | €557,553 | +€27,038 | +5.1% |
| Land and buildings | 22 | €503,992 | €522,330 | +€18,338 | +3.6% |
| Plant, machinery and equipment | 23 | €19,318 | €30,851 | +€11,533 | +59.7% |
| Furniture and vehicles | 24 | €7,205 | €4,372 | -€2,833 | -39.3% |
| Current assets | 29/58 | €46,248 | €47,166 | +€918 | +2.0% |
| Stocks and contracts in progress | 3 | €9,873 | €13,015 | +€3,141 | +31.8% |
| Stocks | 30/36 | €9,873 | €13,015 | +€3,141 | +31.8% |
| Amounts receivable within one year | 40/41 | €15,903 | €16,719 | +€816 | +5.1% |
| Trade receivables | 40 | €0 | €816 | +€816 | |
| Other amounts receivable | 41 | €15,903 | €15,903 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €19,926 | €15,673 | -€4,253 | -21.3% |
| Deferred charges and accrued income | 490/1 | €546 | €1,760 | +€1,214 | +222.4% |
| Total equity and liabilities | 10/49 | €581,664 | €604,719 | +€23,056 | +4.0% |
| Equity | 10/15 | -€99,960 | -€61,234 | +€38,726 | +38.7% |
| Contributions | 10/11 | €49,579 | €49,579 | = | 0.0% |
| Capital | 10 | €49,579 | €49,579 | = | 0.0% |
| Issued capital | 100 | €49,579 | €49,579 | = | 0.0% |
| Reserves | 13 | €63,765 | €63,765 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,015 | €2,015 | = | 0.0% |
| Legal reserve | 130 | €2,015 | €2,015 | = | 0.0% |
| Distributable reserves | 133 | €61,750 | €61,750 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€213,304 | -€174,579 | +€38,726 | +18.2% |
| Amounts payable | 17/49 | €681,624 | €665,954 | -€15,670 | -2.3% |
| Amounts payable within one year | 42/48 | €672,619 | €665,661 | -€6,958 | -1.0% |
| Trade debts | 44 | €156,685 | €191,211 | +€34,527 | +22.0% |
| Suppliers | 440/4 | €156,685 | €191,211 | +€34,527 | +22.0% |
| Taxes, remuneration and social security | 45 | €36,772 | €23,422 | -€13,351 | -36.3% |
| Taxes | 450/3 | €10,344 | €7,884 | -€2,460 | -23.8% |
| Remuneration and social security | 454/9 | €26,429 | €15,538 | -€10,891 | -41.2% |
| Other amounts payable | 47/48 | €479,162 | €451,028 | -€28,134 | -5.9% |
| Accrued charges and deferred income | 492/3 | €9,004 | €292 | -€8,712 | -96.8% |
| Remuneration, social security and pensions | 62 | €180,147 | €159,343 | -€20,804 | -11.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €56,582 | €56,559 | -€22 | 0.0% |
| Other operating charges | 640/8 | €3,900 | €3,650 | -€250 | -6.4% |
| Gross operating margin | 9900 | €300,993 | €267,964 | -€33,030 | -11.0% |
| Operating profit (loss) | 9901 | €60,365 | €48,411 | -€11,953 | -19.8% |
| Financial income | 75/76B | €297 | €7,014 | +€6,716 | +2261.1% |
| Recurring financial income | 75 | €297 | €0 | -€297 | -100.0% |
| Non-recurring financial income | 76B | - | €7,014 | +€7,014 | |
| Financial charges | 65/66B | €6,085 | €16,699 | +€10,614 | +174.4% |
| Recurring financial charges | 65 | €3,685 | €5,699 | +€2,014 | +54.6% |
| Non-recurring financial charges | 66B | €2,400 | €11,000 | +€8,600 | +358.3% |
| Profit (loss) for the period before taxes | 9903 | €54,576 | €38,726 | -€15,851 | -29.0% |
| Income taxes | 67/77 | €2,662 | €0 | -€2,662 | -100.0% |
| Profit (loss) for the period | 9904 | €51,914 | €38,726 | -€13,189 | -25.4% |
| Profit (loss) for the period to be appropriated | 9905 | €51,914 | €38,726 | -€13,189 | -25.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.