BAIONENSE: 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.
BAIONENSE
Largest movements
- Receivables within one year -€203,860
down €203,860 (-96.9%), from €210,280 to €6,420
of which Other amounts receivable: -€176,033
- Receivables after one year +€176,321
new in 2024: €176,321
- Cash +€5,555
up €5,555 (+82.6%), from €6,725 to €12,279
mainly Receivables within one year (+€203,860) and Depreciation (+€1,109)
- Trade debts -€12,771
down €12,771 (-58.2%), from €21,944 to €9,172
- Tax, wage and social debts -€7,345
down €7,345 (-35.0%), from €21,013 to €13,668
of which Remuneration and social security: -€6,000
- Gross operating margin -€37,148
down €37,148 (-94.4%), from €39,347 to €2,199
- Taxes -€11,797
no longer reported in 2024 (was €11,797)
- Financial income -€8,949
down €8,949 (-100.0%), from €8,949 to €0
- Depreciation -€4,963
down €4,963 (-81.7%), from €6,072 to €1,109
- Other operating charges -€1,554
down €1,554 (-56.7%), from €2,741 to €1,187
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €219,455 | €196,349 | -€23,106 | -10.5% |
| Fixed assets | 21/28 | €1,903 | €795 | -€1,109 | -58.2% |
| Tangible fixed assets | 22/27 | €1,903 | €795 | -€1,109 | -58.2% |
| Plant, machinery and equipment | 23 | €403 | €140 | -€264 | -65.4% |
| Furniture and vehicles | 24 | €1,500 | €655 | -€845 | -56.3% |
| Current assets | 29/58 | €217,552 | €195,555 | -€21,997 | -10.1% |
| Amounts receivable after more than one year | 29 | - | €176,321 | +€176,321 | |
| Other amounts receivable | 291 | - | €176,321 | +€176,321 | |
| Amounts receivable within one year | 40/41 | €210,280 | €6,420 | -€203,860 | -96.9% |
| Trade receivables | 40 | €30,661 | €2,834 | -€27,827 | -90.8% |
| Other amounts receivable | 41 | €179,619 | €3,586 | -€176,033 | -98.0% |
| Cash at bank and in hand | 54/58 | €6,725 | €12,279 | +€5,555 | +82.6% |
| Deferred charges and accrued income | 490/1 | €547 | €534 | -€13 | -2.3% |
| Total equity and liabilities | 10/49 | €219,455 | €196,349 | -€23,106 | -10.5% |
| Equity | 10/15 | €174,325 | €173,509 | -€817 | -0.5% |
| 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 | €153,865 | €153,049 | -€817 | -0.5% |
| Amounts payable | 17/49 | €45,130 | €22,841 | -€22,289 | -49.4% |
| Amounts payable within one year | 42/48 | €45,130 | €22,841 | -€22,289 | -49.4% |
| Current portion of amounts payable after more than one year | 42 | €2,173 | - | -€2,173 | |
| Trade debts | 44 | €21,944 | €9,172 | -€12,771 | -58.2% |
| Suppliers | 440/4 | €21,944 | €9,172 | -€12,771 | -58.2% |
| Taxes, remuneration and social security | 45 | €21,013 | €13,668 | -€7,345 | -35.0% |
| Taxes | 450/3 | €15,013 | €13,668 | -€1,345 | -9.0% |
| Remuneration and social security | 454/9 | €6,000 | - | -€6,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,072 | €1,109 | -€4,963 | -81.7% |
| Other operating charges | 640/8 | €2,741 | €1,187 | -€1,554 | -56.7% |
| Gross operating margin | 9900 | €39,347 | €2,199 | -€37,148 | -94.4% |
| Operating profit (loss) | 9901 | €30,534 | -€97 | -€30,631 | |
| Financial income | 75/76B | €8,949 | €0 | -€8,949 | -100.0% |
| Recurring financial income | 75 | €8,949 | €0 | -€8,949 | -100.0% |
| Financial charges | 65/66B | €858 | €720 | -€138 | -16.1% |
| Recurring financial charges | 65 | €858 | €720 | -€138 | -16.1% |
| Profit (loss) for the period before taxes | 9903 | €38,625 | -€817 | -€39,442 | |
| Income taxes | 67/77 | €11,797 | - | -€11,797 | |
| Profit (loss) for the period | 9904 | €26,828 | -€817 | -€27,644 | |
| Profit (loss) for the period to be appropriated | 9905 | €26,828 | -€817 | -€27,644 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.