BAILLI PROPERTIES: 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.
What changed
BAILLI PROPERTIES
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€801,959
2024 · €287,876+€514,082
Equity
€13.8m
2024 · €13.8m-€24,041
Cash
€646,799
2024 · €487,164+€159,635
Balance sheet total
€33.6m
2024 · €34.2m-€636,702
Largest movements
Assets
- Tangible fixed assets -€615,005
down €615,005 (-2.3%), from €26.5m to €25.9m
Equity and liabilities
- Debts after one year -€1.2m
down €1.2m (-7.5%), from €15.4m to €14.3m
of which Financial debts: -€1.2m
Income statement
- Gross operating margin +€387,257
up €387,257 (+20.6%), from €1.9m to €2.3m
- Financial income +€259,259
up €259,259 (+85.8%), from €302,335 to €561,594
- Taxes +€137,422
up €137,422 (+300.3%), from €45,762 to €183,184
- Financial charges +€36,766
up €36,766 (+8.0%), from €459,808 to €496,574
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.
Result 2024
€287,876
Gross operating margin
+€387,257
Staff costs
+€7,769
Depreciation
+€15,845
Other operating charges
+€2,021
Financial income
+€259,259
Financial charges
-€36,766
Taxes
-€137,422
Deferred taxes and other
+€16,119
Result 2025
€801,959
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.
From operations
+€2.7m
Investment
-€499,916
Financing
-€2.1m
Cash 2024
€487,164
From operations (derived)
+€2.7m
Net result for the year
+€801,959
Depreciation
+€1.2m
Receivables within one year
+€1,203
Deferred charges and accrued income
+€127,270
Provisions
-€91,315
Trade debts
+€177,077
Tax, wage and social debts
+€128,328
Other debts
+€315,970
Accrued charges and deferred income
+€112,679
Investment (derived)
-€499,916
Investment in fixed assets (net)
-€552,775
Current investments
+€52,859
Financing
-€2.1m
Debts after one year
-€1.2m
Current portion of long-term debt
-€91,475
Contributions, distributions and other
-€826,000
Cash 2025
€646,799
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €34,210,895 | €33,574,194 | -€636,702 | -1.9% |
| Fixed assets | 21/28 | €26,527,293 | €25,912,287 | -€615,005 | -2.3% |
| Tangible fixed assets | 22/27 | €26,515,453 | €25,900,447 | -€615,005 | -2.3% |
| Land and buildings | 22 | €26,515,453 | €25,900,447 | -€615,005 | -2.3% |
| Financial fixed assets | 28 | €11,840 | €11,840 | = | 0.0% |
| Current assets | 29/58 | €7,683,603 | €7,661,906 | -€21,697 | -0.3% |
| Amounts receivable within one year | 40/41 | €1,203 | - | -€1,203 | |
| Other amounts receivable | 41 | €1,203 | - | -€1,203 | |
| Current investments | 50/53 | €7,001,086 | €6,948,227 | -€52,859 | -0.8% |
| Cash at bank and in hand | 54/58 | €487,164 | €646,799 | +€159,635 | +32.8% |
| Deferred charges and accrued income | 490/1 | €194,150 | €66,880 | -€127,270 | -65.6% |
| Total equity and liabilities | 10/49 | €34,210,895 | €33,574,194 | -€636,702 | -1.9% |
| Equity | 10/15 | €13,833,031 | €13,808,989 | -€24,041 | -0.2% |
| Contributions | 10/11 | €3,894,108 | €3,894,108 | = | 0.0% |
| Capital | 10 | €3,894,108 | €3,894,108 | = | 0.0% |
| Issued capital | 100 | €3,894,108 | €3,894,108 | = | 0.0% |
| Reserves | 13 | €7,955,893 | €7,681,947 | -€273,946 | -3.4% |
| Non-distributable reserves | 130/1 | €389,411 | €389,411 | = | 0.0% |
| Legal reserve | 130 | €389,411 | €389,411 | = | 0.0% |
| Tax-exempt reserves | 132 | €7,504,991 | €7,231,045 | -€273,946 | -3.7% |
| Distributable reserves | 133 | €61,491 | €61,491 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,983,031 | €2,232,935 | +€249,905 | +12.6% |
| Provisions and deferred taxes | 16 | €2,556,274 | €2,464,959 | -€91,315 | -3.6% |
| Provisions for liabilities and charges | 160/5 | €100,000 | €100,000 | = | 0.0% |
| Other liabilities and charges | 164/5 | €100,000 | €100,000 | = | 0.0% |
| Deferred taxes | 168 | €2,456,274 | €2,364,959 | -€91,315 | -3.7% |
| Amounts payable | 17/49 | €17,821,590 | €17,300,245 | -€521,345 | -2.9% |
| Amounts payable after more than one year | 17 | €15,419,516 | €14,255,592 | -€1.2m | -7.5% |
| Financial debts | 170/4 | €15,283,822 | €14,053,818 | -€1.2m | -8.0% |
| Other amounts payable | 178/9 | €135,694 | €201,774 | +€66,080 | +48.7% |
| Amounts payable within one year | 42/48 | €2,010,942 | €2,540,842 | +€529,900 | +26.4% |
| Current portion of amounts payable after more than one year | 42 | €1,258,907 | €1,167,432 | -€91,475 | -7.3% |
| Trade debts | 44 | €279,942 | €457,019 | +€177,077 | +63.3% |
| Suppliers | 440/4 | €279,942 | €457,019 | +€177,077 | +63.3% |
| Taxes, remuneration and social security | 45 | €58,789 | €187,117 | +€128,328 | +218.3% |
| Taxes | 450/3 | €48,805 | €187,117 | +€138,313 | +283.4% |
| Remuneration and social security | 454/9 | €9,985 | - | -€9,985 | |
| Other amounts payable | 47/48 | €413,303 | €729,274 | +€315,970 | +76.4% |
| Accrued charges and deferred income | 492/3 | €391,133 | €503,812 | +€112,679 | +28.8% |
| Remuneration, social security and pensions | 62 | €95,600 | €87,831 | -€7,769 | -8.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,183,625 | €1,167,780 | -€15,845 | -1.3% |
| Other operating charges | 640/8 | €184,294 | €182,273 | -€2,021 | -1.1% |
| Gross operating margin | 9900 | €1,879,434 | €2,266,691 | +€387,257 | +20.6% |
| Operating profit (loss) | 9901 | €415,916 | €828,808 | +€412,892 | +99.3% |
| Financial income | 75/76B | €302,335 | €561,594 | +€259,259 | +85.8% |
| Recurring financial income | 75 | €302,335 | €561,594 | +€259,259 | +85.8% |
| Financial charges | 65/66B | €459,808 | €496,574 | +€36,766 | +8.0% |
| Recurring financial charges | 65 | €459,808 | €496,574 | +€36,766 | +8.0% |
| Profit (loss) for the period before taxes | 9903 | €258,442 | €893,827 | +€635,385 | +245.9% |
| Transfer from deferred taxes | 780 | €75,197 | €91,315 | +€16,119 | +21.4% |
| Income taxes | 67/77 | €45,762 | €183,184 | +€137,422 | +300.3% |
| Profit (loss) for the period | 9904 | €287,876 | €801,959 | +€514,082 | +178.6% |
| Transfer from tax-exempt reserves | 789 | €225,590 | €273,946 | +€48,356 | +21.4% |
| Profit (loss) for the period to be appropriated | 9905 | €513,466 | €1,075,905 | +€562,438 | +109.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.