Bailey: 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.
Bailey
Largest movements
- Cash +€82,787
up €82,787 (+106.9%), from €77,409 to €160,197
mainly Net result for the year (+€160,532) and Other debts (+€160,532)
- Receivables within one year +€61,493
up €61,493 (+26.9%), from €228,534 to €290,027
of which Other amounts receivable: +€61,493
- Tangible fixed assets -€4,737
down €4,737 (-29.3%), from €16,151 to €11,414
of which Furniture and vehicles: -€4,381
- Other debts +€160,532
new in 2025: €160,532
- Tax, wage and social debts -€20,961
down €20,961 (-25.4%), from €82,628 to €61,667
of which Taxes: -€19,804
- Gross operating margin -€21,717
down €21,717 (-9.8%), from €221,726 to €200,009
- Taxes -€19,882
down €19,882 (-29.5%), from €67,300 to €47,418
- Financial income +€5,415
up €5,415 (+73.0%), from €7,423 to €12,838
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 | €322,742 | €462,314 | +€139,572 | +43.2% |
| Fixed assets | 21/28 | €16,151 | €11,414 | -€4,737 | -29.3% |
| Tangible fixed assets | 22/27 | €16,151 | €11,414 | -€4,737 | -29.3% |
| Plant, machinery and equipment | 23 | €1,001 | €646 | -€355 | -35.5% |
| Furniture and vehicles | 24 | €15,150 | €10,769 | -€4,381 | -28.9% |
| Current assets | 29/58 | €306,591 | €450,899 | +€144,308 | +47.1% |
| Amounts receivable within one year | 40/41 | €228,534 | €290,027 | +€61,493 | +26.9% |
| Trade receivables | 40 | €22,385 | €22,385 | = | 0.0% |
| Other amounts receivable | 41 | €206,149 | €267,642 | +€61,493 | +29.8% |
| Cash at bank and in hand | 54/58 | €77,409 | €160,197 | +€82,787 | +106.9% |
| Deferred charges and accrued income | 490/1 | €647 | €676 | +€28 | +4.4% |
| Total equity and liabilities | 10/49 | €322,742 | €462,314 | +€139,572 | +43.2% |
| Equity | 10/15 | €239,551 | €239,551 | = | 0.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €234,551 | €234,551 | = | 0.0% |
| Distributable reserves | 133 | €234,551 | €234,551 | = | 0.0% |
| Amounts payable | 17/49 | €83,190 | €222,762 | +€139,572 | +167.8% |
| Amounts payable within one year | 42/48 | €83,190 | €222,762 | +€139,572 | +167.8% |
| Trade debts | 44 | €562 | €563 | +€1 | +0.2% |
| Suppliers | 440/4 | €562 | €563 | +€1 | +0.2% |
| Taxes, remuneration and social security | 45 | €82,628 | €61,667 | -€20,961 | -25.4% |
| Taxes | 450/3 | €79,115 | €59,311 | -€19,804 | -25.0% |
| Remuneration and social security | 454/9 | €3,513 | €2,356 | -€1,157 | -32.9% |
| Other amounts payable | 47/48 | - | €160,532 | +€160,532 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,446 | €4,737 | +€291 | +6.5% |
| Other operating charges | 640/8 | €174 | €120 | -€54 | -31.0% |
| Gross operating margin | 9900 | €221,726 | €200,009 | -€21,717 | -9.8% |
| Operating profit (loss) | 9901 | €217,106 | €195,153 | -€21,954 | -10.1% |
| Financial income | 75/76B | €7,423 | €12,838 | +€5,415 | +73.0% |
| Recurring financial income | 75 | €7,423 | €12,838 | +€5,415 | +73.0% |
| Financial charges | 65/66B | €64 | €40 | -€24 | -36.9% |
| Recurring financial charges | 65 | €64 | €40 | -€24 | -36.9% |
| Profit (loss) for the period before taxes | 9903 | €224,465 | €207,950 | -€16,515 | -7.4% |
| Income taxes | 67/77 | €67,300 | €47,418 | -€19,882 | -29.5% |
| Profit (loss) for the period | 9904 | €157,165 | €160,532 | +€3,367 | +2.1% |
| Profit (loss) for the period to be appropriated | 9905 | €157,165 | €160,532 | +€3,367 | +2.1% |
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 7 October 2026 via checked.be.