Baicoluche: 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.
Baicoluche
Largest movements
- Tangible fixed assets -€6,791
down €6,791 (-33.8%), from €20,118 to €13,327
of which Plant, machinery and equipment: -€5,632
- Stocks and contracts -€4,676
down €4,676 (-43.7%), from €10,693 to €6,017
- Receivables within one year +€3,147
up €3,147 (+5.0%), from €63,556 to €66,703
- Trade debts -€23,177
down €23,177 (-69.2%), from €33,499 to €10,323
- Profit (loss) carried forward +€13,243
up €13,243 (+75.9%), from €17,447 to €30,690
- Tax, wage and social debts +€2,733
up €2,733 (+6.4%), from €42,567 to €45,300
of which Remuneration and social security: +€2,340
- Gross operating margin +€34,248
up €34,248 (+16.4%), from €208,614 to €242,862
- Financial charges +€13,098
up €13,098 (+141.8%), from €9,240 to €22,338
- Staff costs +€4,769
up €4,769 (+2.6%), from €186,766 to €191,535
- Other operating charges +€3,686
up €3,686 (+100.6%), from €3,665 to €7,351
- Taxes +€2,959
up €2,959 (+129.5%), from €2,286 to €5,244
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 | €113,973 | €106,772 | -€7,200 | -6.3% |
| Fixed assets | 21/28 | €20,118 | €13,327 | -€6,791 | -33.8% |
| Tangible fixed assets | 22/27 | €20,118 | €13,327 | -€6,791 | -33.8% |
| Land and buildings | 22 | €2,869 | €2,176 | -€693 | -24.2% |
| Plant, machinery and equipment | 23 | €15,428 | €9,796 | -€5,632 | -36.5% |
| Furniture and vehicles | 24 | €1,821 | €1,355 | -€466 | -25.6% |
| Current assets | 29/58 | €93,855 | €93,446 | -€409 | -0.4% |
| Stocks and contracts in progress | 3 | €10,693 | €6,017 | -€4,676 | -43.7% |
| Stocks | 30/36 | €10,693 | €6,017 | -€4,676 | -43.7% |
| Amounts receivable within one year | 40/41 | €63,556 | €66,703 | +€3,147 | +5.0% |
| Other amounts receivable | 41 | €63,556 | €66,703 | +€3,147 | +5.0% |
| Cash at bank and in hand | 54/58 | €19,606 | €20,726 | +€1,120 | +5.7% |
| Total equity and liabilities | 10/49 | €113,973 | €106,772 | -€7,200 | -6.3% |
| Equity | 10/15 | €37,907 | €51,150 | +€13,243 | +34.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €17,447 | €30,690 | +€13,243 | +75.9% |
| Amounts payable | 17/49 | €76,066 | €55,622 | -€20,444 | -26.9% |
| Amounts payable within one year | 42/48 | €76,066 | €55,622 | -€20,444 | -26.9% |
| Trade debts | 44 | €33,499 | €10,323 | -€23,177 | -69.2% |
| Suppliers | 440/4 | €33,499 | €10,323 | -€23,177 | -69.2% |
| Taxes, remuneration and social security | 45 | €42,567 | €45,300 | +€2,733 | +6.4% |
| Taxes | 450/3 | €17,376 | €17,769 | +€393 | +2.3% |
| Remuneration and social security | 454/9 | €25,190 | €27,530 | +€2,340 | +9.3% |
| Remuneration, social security and pensions | 62 | €186,766 | €191,535 | +€4,769 | +2.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,952 | €6,791 | -€161 | -2.3% |
| Other operating charges | 640/8 | €3,665 | €7,351 | +€3,686 | +100.6% |
| Gross operating margin | 9900 | €208,614 | €242,862 | +€34,248 | +16.4% |
| Operating profit (loss) | 9901 | €11,231 | €37,185 | +€25,954 | +231.1% |
| Financial income | 75/76B | €4,202 | €3,641 | -€561 | -13.4% |
| Recurring financial income | 75 | €4,202 | €3,641 | -€561 | -13.4% |
| Financial charges | 65/66B | €9,240 | €22,338 | +€13,098 | +141.8% |
| Recurring financial charges | 65 | €9,240 | €22,338 | +€13,098 | +141.8% |
| Profit (loss) for the period before taxes | 9903 | €6,193 | €18,488 | +€12,294 | +198.5% |
| Income taxes | 67/77 | €2,286 | €5,244 | +€2,959 | +129.5% |
| Profit (loss) for the period | 9904 | €3,908 | €13,243 | +€9,336 | +238.9% |
| Profit (loss) for the period to be appropriated | 9905 | €3,908 | €13,243 | +€9,336 | +238.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.