BAIJOT DISTRIBUTION: 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.
BAIJOT DISTRIBUTION
Largest movements
- Tangible fixed assets -€39,419
down €39,419 (-6.1%), from €642,392 to €602,973
of which Land and buildings: -€28,655
- Receivables within one year -€16,921
down €16,921 (-44.1%), from €38,406 to €21,486
of which Trade receivables: -€16,249
- Profit (loss) carried forward -€187,275
down €187,275 (-21.8%), from -€858,291 to -€1.0m
- Trade debts +€131,399
up €131,399 (+199%), from €65,991 to €197,390
- Other debts +€30,474
up €30,474 (+6.5%), from €465,431 to €495,906
- Current portion of long-term debt -€21,487
down €21,487 (-100%), from €21,487 to €0
- Gross operating margin -€157,582
down €157,582, from €138,778 to -€18,804
- Financial income +€32,451
up €32,451 (+2,600%), from €1,248 to €33,699
- Staff costs +€8,020
up €8,020 (+6.2%), from €128,582 to €136,602
- Financial charges -€4,912
down €4,912 (-40.8%), from €12,048 to €7,136
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 | €895,628 | €845,573 | -€50,055 | -5.6% |
| Fixed assets | 21/28 | €648,736 | €609,317 | -€39,419 | -6.1% |
| Tangible fixed assets | 22/27 | €642,392 | €602,973 | -€39,419 | -6.1% |
| Land and buildings | 22 | €616,365 | €587,710 | -€28,655 | -4.6% |
| Plant, machinery and equipment | 23 | €3,379 | €2,250 | -€1,129 | -33.4% |
| Furniture and vehicles | 24 | €22,648 | €13,013 | -€9,634 | -42.5% |
| Financial fixed assets | 28 | €6,344 | €6,344 | = | 0.0% |
| Current assets | 29/58 | €246,892 | €236,256 | -€10,637 | -4.3% |
| Stocks and contracts in progress | 3 | €195,233 | €200,294 | +€5,062 | +2.6% |
| Stocks | 30/36 | €195,233 | €200,294 | +€5,062 | +2.6% |
| Amounts receivable within one year | 40/41 | €38,406 | €21,486 | -€16,921 | -44.1% |
| Trade receivables | 40 | €32,741 | €16,492 | -€16,249 | -49.6% |
| Other amounts receivable | 41 | €5,665 | €4,993 | -€672 | -11.9% |
| Cash at bank and in hand | 54/58 | €11,561 | €12,969 | +€1,409 | +12.2% |
| Deferred charges and accrued income | 490/1 | €1,693 | €1,506 | -€186 | -11.0% |
| Total equity and liabilities | 10/49 | €895,628 | €845,573 | -€50,055 | -5.6% |
| Equity | 10/15 | €337,376 | €150,101 | -€187,275 | -55.5% |
| Contributions | 10/11 | €1,047,300 | €1,047,300 | = | 0.0% |
| Reserves | 13 | €148,368 | €148,368 | = | 0.0% |
| Non-distributable reserves | 130/1 | €766 | €766 | = | 0.0% |
| Reserves not available under the articles | 1311 | €766 | €766 | = | 0.0% |
| Distributable reserves | 133 | €147,602 | €147,602 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€858,291 | -€1,045,566 | -€187,275 | -21.8% |
| Amounts payable | 17/49 | €558,252 | €695,472 | +€137,220 | +24.6% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €558,239 | €695,459 | +€137,220 | +24.6% |
| Current portion of amounts payable after more than one year | 42 | €21,487 | €0 | -€21,487 | -100% |
| Trade debts | 44 | €65,991 | €197,390 | +€131,399 | +199% |
| Suppliers | 440/4 | €65,991 | €197,390 | +€131,399 | +199% |
| Taxes, remuneration and social security | 45 | €5,330 | €2,163 | -€3,167 | -59.4% |
| Taxes | 450/3 | €1,789 | €2,163 | +€374 | +20.9% |
| Remuneration and social security | 454/9 | €3,541 | €0 | -€3,541 | -100% |
| Other amounts payable | 47/48 | €465,431 | €495,906 | +€30,474 | +6.5% |
| Accrued charges and deferred income | 492/3 | €13 | €13 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €128,582 | €136,602 | +€8,020 | +6.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €50,135 | €49,853 | -€282 | -0.6% |
| Other operating charges | 640/8 | €7,300 | €7,729 | +€429 | +5.9% |
| Gross operating margin | 9900 | €138,778 | -€18,804 | -€157,582 | |
| Operating profit (loss) | 9901 | -€47,238 | -€212,987 | -€165,749 | -351% |
| Financial income | 75/76B | €1,248 | €33,699 | +€32,451 | +2,600% |
| Recurring financial income | 75 | €1,248 | €33,699 | +€32,451 | +2,600% |
| Financial charges | 65/66B | €12,048 | €7,136 | -€4,912 | -40.8% |
| Recurring financial charges | 65 | €12,048 | €7,136 | -€4,912 | -40.8% |
| Profit (loss) for the period before taxes | 9903 | -€58,039 | -€186,424 | -€128,385 | -221% |
| Income taxes | 67/77 | €666 | €851 | +€185 | +27.8% |
| Profit (loss) for the period | 9904 | -€58,705 | -€187,275 | -€128,570 | -219% |
| Profit (loss) for the period to be appropriated | 9905 | -€58,705 | -€187,275 | -€128,570 | -219% |
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 17 October 2026 via checked.be.