BAIG GROUP: 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.
BAIG GROUP
Largest movements
- Receivables within one year -€31,491
down €31,491 (-17.0%), from €185,282 to €153,790
of which Trade receivables: -€38,731
- Trade debts -€31,266
down €31,266 (-36.0%), from €86,910 to €55,644
- Profit (loss) carried forward -€6,010
down €6,010 (-119.4%), from -€5,032 to -€11,041
- Other debts +€4,846
up €4,846 (+5.3%), from €90,961 to €95,807
- Gross operating margin -€12,117
down €12,117, from €8,064 to -€4,053
- Taxes -€2,622
no longer reported in 2024 (was €2,622)
- Depreciation -€2,092
down €2,092 (-79.9%), from €2,617 to €525
- Other operating charges +€392
up €392 (+46.3%), from €845 to €1,237
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €188,457 | €154,885 | -€33,571 | -17.8% |
| Fixed assets | 21/28 | €525 | - | -€525 | |
| Tangible fixed assets | 22/27 | €525 | - | -€525 | |
| Furniture and vehicles | 24 | €525 | - | -€525 | |
| Current assets | 29/58 | €187,932 | €154,885 | -€33,046 | -17.6% |
| Amounts receivable within one year | 40/41 | €185,282 | €153,790 | -€31,491 | -17.0% |
| Trade receivables | 40 | €179,746 | €141,015 | -€38,731 | -21.5% |
| Other amounts receivable | 41 | €5,536 | €12,775 | +€7,240 | +130.8% |
| Cash at bank and in hand | 54/58 | €1,187 | €958 | -€229 | -19.3% |
| Deferred charges and accrued income | 490/1 | €1,463 | €137 | -€1,326 | -90.6% |
| Total equity and liabilities | 10/49 | €188,457 | €154,885 | -€33,571 | -17.8% |
| Equity | 10/15 | €7,369 | €1,359 | -€6,010 | -81.6% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Capital | 10 | €12,400 | - | -€12,400 | |
| Issued capital | 100 | €18,600 | - | -€18,600 | |
| Uncalled capital | 101 | €6,200 | - | -€6,200 | |
| Profit (loss) carried forward | 14 | -€5,032 | -€11,041 | -€6,010 | -119.4% |
| Amounts payable | 17/49 | €181,088 | €153,527 | -€27,562 | -15.2% |
| Amounts payable within one year | 42/48 | €181,088 | €153,527 | -€27,562 | -15.2% |
| Trade debts | 44 | €86,910 | €55,644 | -€31,266 | -36.0% |
| Suppliers | 440/4 | €86,910 | €55,644 | -€31,266 | -36.0% |
| Taxes, remuneration and social security | 45 | €3,217 | €2,076 | -€1,141 | -35.5% |
| Taxes | 450/3 | €3,217 | €2,076 | -€1,141 | -35.5% |
| Other amounts payable | 47/48 | €90,961 | €95,807 | +€4,846 | +5.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,617 | €525 | -€2,092 | -79.9% |
| Other operating charges | 640/8 | €845 | €1,237 | +€392 | +46.3% |
| Gross operating margin | 9900 | €8,064 | -€4,053 | -€12,117 | |
| Operating profit (loss) | 9901 | €4,602 | -€5,815 | -€10,417 | |
| Financial charges | 65/66B | €134 | €195 | +€61 | +45.4% |
| Recurring financial charges | 65 | €134 | €195 | +€61 | +45.4% |
| Profit (loss) for the period before taxes | 9903 | €4,468 | -€6,010 | -€10,478 | |
| Income taxes | 67/77 | €2,622 | - | -€2,622 | |
| Profit (loss) for the period | 9904 | €1,846 | -€6,010 | -€7,856 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,846 | -€6,010 | -€7,856 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.