BAIDUP: 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.
BAIDUP
Largest movements
- Receivables within one year +€2,651
up €2,651 (+13.0%), from €20,442 to €23,094
of which Trade receivables: +€2,074
- Tangible fixed assets -€2,241
down €2,241 (-3.2%), from €70,915 to €68,674
of which Furniture and vehicles: -€8,809
- Accrued charges and deferred income -€6,766
no longer reported in 2025 (was €6,766)
- Tax, wage and social debts +€6,279
up €6,279 (+2,988%), from €210 to €6,490
- Other debts +€4,959
up €4,959 (+5.9%), from €83,831 to €88,790
- Profit (loss) carried forward -€3,460
down €3,460 (-13.7%), from -€25,316 to -€28,776
- Gross operating margin +€23,936
up €23,936, from -€15,228 to €8,707
- Financial charges -€6,380
down €6,380 (-98.9%), from €6,451 to €71
- Financial income +€1,630
up €1,630 (+650%), from €251 to €1,880
- Other operating charges -€246
down €246 (-23.9%), from €1,030 to €784
- Depreciation -€213
down €213 (-1.6%), from €13,250 to €13,037
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
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 | €150,880 | €151,419 | +€538 | +0.4% |
| Fixed assets | 21/28 | €70,915 | €68,674 | -€2,241 | -3.2% |
| Tangible fixed assets | 22/27 | €70,915 | €68,674 | -€2,241 | -3.2% |
| Plant, machinery and equipment | 23 | €21,849 | €28,418 | +€6,568 | +30.1% |
| Furniture and vehicles | 24 | €49,066 | €40,257 | -€8,809 | -18.0% |
| Current assets | 29/58 | €79,965 | €82,744 | +€2,779 | +3.5% |
| Amounts receivable within one year | 40/41 | €20,442 | €23,094 | +€2,651 | +13.0% |
| Trade receivables | 40 | €19,111 | €21,185 | +€2,074 | +10.9% |
| Other amounts receivable | 41 | €1,331 | €1,908 | +€577 | +43.4% |
| Current investments | 50/53 | €33,457 | €33,457 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €26,065 | €26,193 | +€128 | +0.5% |
| Total equity and liabilities | 10/49 | €150,880 | €151,419 | +€538 | +0.4% |
| Equity | 10/15 | €54,504 | €51,044 | -€3,460 | -6.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €61,220 | €61,220 | = | 0.0% |
| Distributable reserves | 133 | €61,220 | €61,220 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€25,316 | -€28,776 | -€3,460 | -13.7% |
| Amounts payable | 17/49 | €96,376 | €100,375 | +€3,998 | +4.1% |
| Amounts payable within one year | 42/48 | €89,610 | €100,375 | +€10,765 | +12.0% |
| Trade debts | 44 | €5,569 | €5,095 | -€474 | -8.5% |
| Suppliers | 440/4 | €5,569 | €5,095 | -€474 | -8.5% |
| Taxes, remuneration and social security | 45 | €210 | €6,490 | +€6,279 | +2,988% |
| Taxes | 450/3 | €210 | €6,490 | +€6,279 | +2,988% |
| Other amounts payable | 47/48 | €83,831 | €88,790 | +€4,959 | +5.9% |
| Accrued charges and deferred income | 492/3 | €6,766 | - | -€6,766 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,250 | €13,037 | -€213 | -1.6% |
| Other operating charges | 640/8 | €1,030 | €784 | -€246 | -23.9% |
| Gross operating margin | 9900 | -€15,228 | €8,707 | +€23,936 | |
| Operating profit (loss) | 9901 | -€29,509 | -€5,114 | +€24,395 | +82.7% |
| Financial income | 75/76B | €251 | €1,880 | +€1,630 | +650% |
| Recurring financial income | 75 | €251 | €1,880 | +€1,630 | +650% |
| Financial charges | 65/66B | €6,451 | €71 | -€6,380 | -98.9% |
| Recurring financial charges | 65 | €6,451 | €71 | -€6,380 | -98.9% |
| Profit (loss) for the period before taxes | 9903 | -€35,709 | -€3,305 | +€32,404 | +90.7% |
| Income taxes | 67/77 | €240 | €156 | -€84 | -35.2% |
| Profit (loss) for the period | 9904 | -€35,949 | -€3,460 | +€32,489 | +90.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€35,949 | -€3,460 | +€32,489 | +90.4% |
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 20 October 2026 via checked.be.