BAIBUN: 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.
BAIBUN
Largest movements
- Receivables within one year +€870
up €870 (+3.1%), from €27,830 to €28,700
- Profit (loss) carried forward +€1,192
up €1,192 (+9.5%), from -€12,569 to -€11,377
- Accrued charges and deferred income -€571
no longer reported in 2025 (was €571)
- Gross operating margin -€2,226
down €2,226, from €2,075 to -€151
- Depreciation -€2,003
down €2,003 (-90.2%), from €2,220 to €217
- Other operating charges -€686
down €686 (-97.9%), from €701 to €14
- Financial charges -€338
no longer reported in 2025 (was €338)
- Financial income +€167
up €167 (+11.8%), from €1,408 to €1,574
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.
Derived cash bridge
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €29,455 | €30,275 | +€820 | +2.8% |
| Fixed assets | 21/28 | €217 | - | -€217 | |
| Tangible fixed assets | 22/27 | €217 | - | -€217 | |
| Plant, machinery and equipment | 23 | €217 | - | -€217 | |
| Current assets | 29/58 | €29,238 | €30,275 | +€1,037 | +3.5% |
| Amounts receivable within one year | 40/41 | €27,830 | €28,700 | +€870 | +3.1% |
| Other amounts receivable | 41 | €27,830 | €28,700 | +€870 | +3.1% |
| Deferred charges and accrued income | 490/1 | €1,408 | €1,574 | +€167 | +11.8% |
| Total equity and liabilities | 10/49 | €29,455 | €30,275 | +€820 | +2.8% |
| Equity | 10/15 | -€11,569 | -€10,377 | +€1,192 | +10.3% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€12,569 | -€11,377 | +€1,192 | +9.5% |
| Amounts payable | 17/49 | €41,024 | €40,652 | -€372 | -0.9% |
| Amounts payable within one year | 42/48 | €40,453 | €40,652 | +€199 | +0.5% |
| Financial debts | 43 | €4,217 | €4,217 | = | 0.0% |
| Credit institutions | 430/8 | €4,217 | €4,217 | = | 0.0% |
| Trade debts | 44 | €677 | €931 | +€254 | +37.5% |
| Suppliers | 440/4 | €417 | €931 | +€514 | +123% |
| Bills of exchange payable | 441 | €260 | - | -€260 | |
| Taxes, remuneration and social security | 45 | €177 | €122 | -€55 | -30.9% |
| Taxes | 450/3 | €177 | €122 | -€55 | -30.9% |
| Other amounts payable | 47/48 | €35,382 | €35,382 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €571 | - | -€571 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,220 | €217 | -€2,003 | -90.2% |
| Other operating charges | 640/8 | €701 | €14 | -€686 | -97.9% |
| Gross operating margin | 9900 | €2,075 | -€151 | -€2,226 | |
| Operating profit (loss) | 9901 | -€846 | -€383 | +€463 | +54.8% |
| Financial income | 75/76B | €1,408 | €1,574 | +€167 | +11.8% |
| Recurring financial income | 75 | €1,408 | €1,574 | +€167 | +11.8% |
| Financial charges | 65/66B | €338 | - | -€338 | |
| Recurring financial charges | 65 | €338 | - | -€338 | |
| Profit (loss) for the period before taxes | 9903 | €224 | €1,192 | +€968 | +431% |
| Profit (loss) for the period | 9904 | €224 | €1,192 | +€968 | +431% |
| Profit (loss) for the period to be appropriated | 9905 | €224 | €1,192 | +€968 | +431% |
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 1 November 2026 via checked.be.