BAILLI MANAGEMENT: 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.
BAILLI MANAGEMENT
Largest movements
- Receivables within one year +€682,678
up €682,678 (+1553.0%), from €43,959 to €726,637
of which Trade receivables: +€661,622
- Tangible fixed assets +€170,219
up €170,219 (+1624.3%), from €10,479 to €180,699
of which Furniture and vehicles: +€118,121
- Current investments -€150,000
no longer reported in 2025 (was €150,000)
- Cash -€36,912
down €36,912 (-30.1%), from €122,797 to €85,884
mainly Receivables within one year (-€682,678) and Investment in fixed assets (net) (-€205,225)
- Profit (loss) carried forward +€672,297
up €672,297, from -€479,031 to €193,267
- Trade debts +€41,480
up €41,480 (+61.6%), from €67,366 to €108,846
- Other debts -€34,586
down €34,586 (-72.3%), from €47,822 to €13,236
- Gross operating margin +€587,063
up €587,063 (+368.2%), from €159,437 to €746,500
- Depreciation +€25,552
up €25,552 (+270.3%), from €9,453 to €35,005
- Staff costs +€25,171
new in 2025: €25,171
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 | €330,626 | €1,003,315 | +€672,689 | +203.5% |
| Fixed assets | 21/28 | €10,479 | €180,699 | +€170,219 | +1624.3% |
| Tangible fixed assets | 22/27 | €10,479 | €180,699 | +€170,219 | +1624.3% |
| Furniture and vehicles | 24 | €10,479 | €128,601 | +€118,121 | +1127.2% |
| Other tangible fixed assets | 26 | - | €52,098 | +€52,098 | |
| Current assets | 29/58 | €320,147 | €822,616 | +€502,470 | +156.9% |
| Amounts receivable within one year | 40/41 | €43,959 | €726,637 | +€682,678 | +1553.0% |
| Trade receivables | 40 | €43,959 | €705,581 | +€661,622 | +1505.1% |
| Other amounts receivable | 41 | - | €21,057 | +€21,057 | |
| Current investments | 50/53 | €150,000 | - | -€150,000 | |
| Cash at bank and in hand | 54/58 | €122,797 | €85,884 | -€36,912 | -30.1% |
| Deferred charges and accrued income | 490/1 | €3,391 | €10,095 | +€6,704 | +197.7% |
| Total equity and liabilities | 10/49 | €330,626 | €1,003,315 | +€672,689 | +203.5% |
| Equity | 10/15 | €130,969 | €803,267 | +€672,297 | +513.3% |
| Contributions | 10/11 | €600,000 | €600,000 | = | 0.0% |
| Capital | 10 | €600,000 | €600,000 | = | 0.0% |
| Issued capital | 100 | €600,000 | €600,000 | = | 0.0% |
| Reserves | 13 | €10,000 | €10,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €10,000 | €10,000 | = | 0.0% |
| Legal reserve | 130 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€479,031 | €193,267 | +€672,297 | |
| Amounts payable | 17/49 | €199,657 | €200,049 | +€392 | +0.2% |
| Amounts payable after more than one year | 17 | €58,634 | €58,634 | = | 0.0% |
| Financial debts | 170/4 | €58,634 | €58,634 | = | 0.0% |
| Amounts payable within one year | 42/48 | €119,347 | €126,490 | +€7,143 | +6.0% |
| Trade debts | 44 | €67,366 | €108,846 | +€41,480 | +61.6% |
| Suppliers | 440/4 | €67,366 | €108,846 | +€41,480 | +61.6% |
| Taxes, remuneration and social security | 45 | €4,159 | €4,408 | +€249 | +6.0% |
| Taxes | 450/3 | €2,159 | €1,425 | -€734 | -34.0% |
| Remuneration and social security | 454/9 | €2,000 | €2,983 | +€983 | +49.2% |
| Other amounts payable | 47/48 | €47,822 | €13,236 | -€34,586 | -72.3% |
| Accrued charges and deferred income | 492/3 | €21,676 | €14,925 | -€6,751 | -31.1% |
| Remuneration, social security and pensions | 62 | - | €25,171 | +€25,171 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,453 | €35,005 | +€25,552 | +270.3% |
| Other operating charges | 640/8 | €917 | €7,277 | +€6,360 | +693.6% |
| Gross operating margin | 9900 | €159,437 | €746,500 | +€587,063 | +368.2% |
| Operating profit (loss) | 9901 | €149,068 | €679,047 | +€529,979 | +355.5% |
| Financial income | 75/76B | €1,265 | €229 | -€1,036 | -81.9% |
| Recurring financial income | 75 | €1,265 | €229 | -€1,036 | -81.9% |
| Financial charges | 65/66B | €7,605 | €6,850 | -€756 | -9.9% |
| Recurring financial charges | 65 | €7,605 | €6,850 | -€756 | -9.9% |
| Profit (loss) for the period before taxes | 9903 | €142,727 | €672,425 | +€529,699 | +371.1% |
| Income taxes | 67/77 | €134 | €128 | -€6 | -4.5% |
| Profit (loss) for the period | 9904 | €142,593 | €672,297 | +€529,705 | +371.5% |
| Profit (loss) for the period to be appropriated | 9905 | €142,593 | €672,297 | +€529,705 | +371.5% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.