BAIE VERTE: 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.
BAIE VERTE
Largest movements
- Cash +€7,324
up €7,324 (+39.2%), from €18,691 to €26,014
mainly Other debts (+€4,827) and Depreciation (+€4,771)
- Tangible fixed assets -€4,771
down €4,771 (-23.5%), from €20,269 to €15,498
- Deferred charges and accrued income +€1,863
new in 2025: €1,863
- Receivables within one year +€447
up €447 (+54.3%), from €824 to €1,271
- Other debts +€4,827
up €4,827 (+3,684%), from €131 to €4,958
- Accrued charges and deferred income +€1,100
up €1,100 (+200%), from €550 to €1,650
- Trade debts -€1,029
down €1,029 (-47.0%), from €2,190 to €1,162
- Depreciation +€1,877
up €1,877 (+64.9%), from €2,894 to €4,771
- Gross operating margin -€1,354
down €1,354 (-17.8%), from €7,615 to €6,261
- Taxes -€1,045
down €1,045 (-93.4%), from €1,119 to €74
- Financial charges +€621
up €621 (+108%), from €573 to €1,193
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 | €39,784 | €44,646 | +€4,862 | +12.2% |
| Fixed assets | 21/28 | €20,269 | €15,498 | -€4,771 | -23.5% |
| Tangible fixed assets | 22/27 | €20,269 | €15,498 | -€4,771 | -23.5% |
| Furniture and vehicles | 24 | €20,269 | €15,498 | -€4,771 | -23.5% |
| Current assets | 29/58 | €19,515 | €29,149 | +€9,634 | +49.4% |
| Amounts receivable within one year | 40/41 | €824 | €1,271 | +€447 | +54.3% |
| Trade receivables | 40 | €824 | €1,271 | +€447 | +54.3% |
| Cash at bank and in hand | 54/58 | €18,691 | €26,014 | +€7,324 | +39.2% |
| Deferred charges and accrued income | 490/1 | - | €1,863 | +€1,863 | |
| Total equity and liabilities | 10/49 | €39,784 | €44,646 | +€4,862 | +12.2% |
| Equity | 10/15 | €13,039 | €13,207 | +€167 | +1.3% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €3,039 | €3,039 | = | 0.0% |
| Distributable reserves | 133 | €3,039 | €3,039 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €167 | +€167 | |
| Amounts payable | 17/49 | €26,745 | €31,440 | +€4,695 | +17.6% |
| Amounts payable after more than one year | 17 | €22,000 | €22,000 | = | 0.0% |
| Financial debts | 170/4 | €22,000 | €22,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €4,195 | €7,790 | +€3,595 | +85.7% |
| Trade debts | 44 | €2,190 | €1,162 | -€1,029 | -47.0% |
| Suppliers | 440/4 | €2,190 | €1,162 | -€1,029 | -47.0% |
| Taxes, remuneration and social security | 45 | €1,873 | €1,671 | -€203 | -10.8% |
| Taxes | 450/3 | €1,873 | €1,671 | -€203 | -10.8% |
| Other amounts payable | 47/48 | €131 | €4,958 | +€4,827 | +3,684% |
| Accrued charges and deferred income | 492/3 | €550 | €1,650 | +€1,100 | +200% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,894 | €4,771 | +€1,877 | +64.9% |
| Other operating charges | 640/8 | €143 | €200 | +€57 | +40.1% |
| Gross operating margin | 9900 | €7,615 | €6,261 | -€1,354 | -17.8% |
| Operating profit (loss) | 9901 | €4,578 | €1,289 | -€3,289 | -71.8% |
| Financial income | 75/76B | €153 | €146 | -€7 | -4.3% |
| Recurring financial income | 75 | €153 | €146 | -€7 | -4.3% |
| Financial charges | 65/66B | €573 | €1,193 | +€621 | +108% |
| Recurring financial charges | 65 | €573 | €1,193 | +€621 | +108% |
| Profit (loss) for the period before taxes | 9903 | €4,158 | €242 | -€3,916 | -94.2% |
| Income taxes | 67/77 | €1,119 | €74 | -€1,045 | -93.4% |
| Profit (loss) for the period | 9904 | €3,039 | €167 | -€2,872 | -94.5% |
| Profit (loss) for the period to be appropriated | 9905 | €3,039 | €167 | -€2,872 | -94.5% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.