BAHLMEN TRADING: what changed
You see two financial years side by side: what moved most in the balance sheet and the result, why the result rose or fell and where the money went.
BAHLMEN TRADING
Largest movements
- Receivables within one year +€19,958
up €19,958 (+45.3%), from €44,061 to €64,019
of which Trade receivables: +€20,587
- Cash -€6,352
down €6,352 (-64.7%), from €9,818 to €3,466
mainly Receivables within one year (-€19,958) and Trade debts (-€1,393)
- Stocks and contracts -€5,413
no longer reported in 2025 (was €5,413)
- Deferred charges and accrued income -€3,876
down €3,876 (-53.1%), from €7,296 to €3,420
- Tangible fixed assets -€2,381
down €2,381 (-82.8%), from €2,876 to €495
- Tax, wage and social debts +€1,792
up €1,792 (+30.6%), from €5,847 to €7,639
of which Taxes: +€1,262
- Profit (loss) carried forward +€1,778
up €1,778 (+12.3%), from €14,442 to €16,220
- Trade debts -€1,393
down €1,393 (-5.3%), from €26,038 to €24,645
- Gross operating margin +€12,615
up €12,615 (+21.1%), from €59,908 to €72,523
- Staff costs +€12,284
up €12,284 (+25.8%), from €47,625 to €59,909
- Other operating charges +€1,469
up €1,469 (+104%), from €1,411 to €2,880
- Depreciation -€1,227
down €1,227 (-34.0%), from €3,607 to €2,380
- Financial charges +€983
up €983 (+21.4%), from €4,593 to €5,576
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €75,444 | €77,380 | +€1,936 | +2.6% |
| Fixed assets | 21/28 | €8,856 | €6,475 | -€2,381 | -26.9% |
| Tangible fixed assets | 22/27 | €2,876 | €495 | -€2,381 | -82.8% |
| Furniture and vehicles | 24 | €2,876 | €495 | -€2,381 | -82.8% |
| Financial fixed assets | 28 | €5,980 | €5,980 | = | 0.0% |
| Current assets | 29/58 | €66,588 | €70,905 | +€4,317 | +6.5% |
| Stocks and contracts in progress | 3 | €5,413 | - | -€5,413 | |
| Stocks | 30/36 | €5,413 | - | -€5,413 | |
| Amounts receivable within one year | 40/41 | €44,061 | €64,019 | +€19,958 | +45.3% |
| Trade receivables | 40 | €41,324 | €61,911 | +€20,587 | +49.8% |
| Other amounts receivable | 41 | €2,737 | €2,108 | -€629 | -23.0% |
| Cash at bank and in hand | 54/58 | €9,818 | €3,466 | -€6,352 | -64.7% |
| Deferred charges and accrued income | 490/1 | €7,296 | €3,420 | -€3,876 | -53.1% |
| Total equity and liabilities | 10/49 | €75,444 | €77,380 | +€1,936 | +2.6% |
| Equity | 10/15 | €33,442 | €35,220 | +€1,778 | +5.3% |
| Contributions | 10/11 | €19,000 | €19,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €14,442 | €16,220 | +€1,778 | +12.3% |
| Amounts payable | 17/49 | €42,002 | €42,160 | +€158 | +0.4% |
| Amounts payable within one year | 42/48 | €42,002 | €42,160 | +€158 | +0.4% |
| Trade debts | 44 | €26,038 | €24,645 | -€1,393 | -5.3% |
| Suppliers | 440/4 | €26,038 | €24,645 | -€1,393 | -5.3% |
| Taxes, remuneration and social security | 45 | €5,847 | €7,639 | +€1,792 | +30.6% |
| Taxes | 450/3 | €2,231 | €3,493 | +€1,262 | +56.6% |
| Remuneration and social security | 454/9 | €3,616 | €4,146 | +€530 | +14.7% |
| Other amounts payable | 47/48 | €10,117 | €9,876 | -€241 | -2.4% |
| Non-recurring operating income | 76A | - | €2,552 | +€2,552 | |
| Remuneration, social security and pensions | 62 | €47,625 | €59,909 | +€12,284 | +25.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,607 | €2,380 | -€1,227 | -34.0% |
| Other operating charges | 640/8 | €1,411 | €2,880 | +€1,469 | +104% |
| Gross operating margin | 9900 | €59,908 | €72,523 | +€12,615 | +21.1% |
| Operating profit (loss) | 9901 | €7,265 | €7,354 | +€89 | +1.2% |
| Financial charges | 65/66B | €4,593 | €5,576 | +€983 | +21.4% |
| Recurring financial charges | 65 | €4,593 | €5,576 | +€983 | +21.4% |
| Profit (loss) for the period before taxes | 9903 | €2,672 | €1,778 | -€894 | -33.5% |
| Profit (loss) for the period | 9904 | €2,672 | €1,778 | -€894 | -33.5% |
| Profit (loss) for the period to be appropriated | 9905 | €2,672 | €1,778 | -€894 | -33.5% |
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 1 November 2026 via checked.be.