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BAIMMO: 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

BAIMMO

BE 0541.758.163
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€28,185
2024 · €25,319+€2,866
Equity
€226,070
2024 · €197,885+€28,185
Cash
€17,554
2024 · €32,935-€15,381
Balance sheet total
€380,737
2024 · €377,141+€3,596

Largest movements

2024 to 2025
Assets
  • Receivables within one year +€30,000

    up €30,000 (+166.4%), from €18,029 to €48,029

  • Cash -€15,381

    down €15,381 (-46.7%), from €32,935 to €17,554

    mainly Debts after one year (-€32,997) and Receivables within one year (-€30,000)

  • Tangible fixed assets -€11,023

    down €11,023 (-3.4%), from €326,177 to €315,154

Equity and liabilities
  • Debts after one year -€32,997

    down €32,997 (-30.8%), from €106,998 to €74,001

  • Profit (loss) carried forward +€28,185

    up €28,185 (+15.9%), from €177,425 to €205,610

  • Tax, wage and social debts +€10,260

    up €10,260 (+1245.3%), from €824 to €11,084

Income statement
  • Financial charges -€3,879

    down €3,879 (-38.3%), from €10,124 to €6,245

  • Taxes +€1,436

    up €1,436 (+16.3%), from €8,824 to €10,260

From the 2024 result to the 2025 result

effect on the 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 €25,319
Gross operating margin +€584
Other operating charges -€160
Financial charges +€3,879
Taxes -€1,436
Result 2025 €28,185

Cash bridge derived

cash 2024 to 2025

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 +€15,968
Investment €0
Financing -€31,349
Cash 2024 €32,935
Net result for the year +€28,185
Depreciation +€11,023
Receivables within one year -€30,000
Tax, wage and social debts +€10,260
Other debts -€3,500
Debts after one year -€32,997
Current portion of long-term debt +€1,648
Cash 2025 €17,554
Every line side by side 33 lines
Line Code 2024 2025 Change %
Total assets 20/58 €377,141 €380,737 +€3,596 +1.0%
Fixed assets 21/28 €326,177 €315,154 -€11,023 -3.4%
Tangible fixed assets 22/27 €326,177 €315,154 -€11,023 -3.4%
Land and buildings 22 €326,177 €315,154 -€11,023 -3.4%
Current assets 29/58 €50,964 €65,583 +€14,619 +28.7%
Amounts receivable within one year 40/41 €18,029 €48,029 +€30,000 +166.4%
Other amounts receivable 41 €18,029 €48,029 +€30,000 +166.4%
Cash at bank and in hand 54/58 €32,935 €17,554 -€15,381 -46.7%
Total equity and liabilities 10/49 €377,141 €380,737 +€3,596 +1.0%
Equity 10/15 €197,885 €226,070 +€28,185 +14.2%
Contributions 10/11 €18,600 €18,600 = 0.0%
Reserves 13 €1,860 €1,860 = 0.0%
Non-distributable reserves 130/1 €1,860 €1,860 = 0.0%
Reserves not available under the articles 1311 €1,860 €1,860 = 0.0%
Profit (loss) carried forward 14 €177,425 €205,610 +€28,185 +15.9%
Amounts payable 17/49 €179,256 €154,667 -€24,589 -13.7%
Amounts payable after more than one year 17 €106,998 €74,001 -€32,997 -30.8%
Financial debts 170/4 €106,998 €74,001 -€32,997 -30.8%
Amounts payable within one year 42/48 €72,258 €80,666 +€8,408 +11.6%
Current portion of amounts payable after more than one year 42 €37,113 €38,761 +€1,648 +4.4%
Taxes, remuneration and social security 45 €824 €11,084 +€10,260 +1245.3%
Taxes 450/3 €824 €11,084 +€10,260 +1245.3%
Other amounts payable 47/48 €34,321 €30,821 -€3,500 -10.2%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €11,023 €11,023 = 0.0%
Other operating charges 640/8 €5,412 €5,572 +€160 +3.0%
Gross operating margin 9900 €60,701 €61,285 +€584 +1.0%
Operating profit (loss) 9901 €44,267 €44,690 +€424 +1.0%
Financial charges 65/66B €10,124 €6,245 -€3,879 -38.3%
Recurring financial charges 65 €10,124 €6,245 -€3,879 -38.3%
Profit (loss) for the period before taxes 9903 €34,143 €38,445 +€4,302 +12.6%
Income taxes 67/77 €8,824 €10,260 +€1,436 +16.3%
Profit (loss) for the period 9904 €25,319 €28,185 +€2,866 +11.3%
Profit (loss) for the period to be appropriated 9905 €25,319 €28,185 +€2,866 +11.3%

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 28 September 2026 via checked.be.