BAISY TEETH: 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.
BAISY TEETH
Largest movements
- Cash -€25,172
down €25,172 (-59.3%), from €42,456 to €17,284
mainly Contributions, distributions and other (-€240,000) and Investment in fixed assets (net) (-€61,423)
- Intangible fixed assets -€25,000
down €25,000 (-80.0%), from €31,250 to €6,250
- Receivables within one year -€9,638
down €9,638 (-66.4%), from €14,515 to €4,877
of which Other amounts receivable: -€8,734
- Other debts +€125,794
up €125,794 (+83.9%), from €150,000 to €275,794
- Profit (loss) carried forward -€120,196
down €120,196 (-96.8%), from €124,174 to €3,978
- Debts after one year -€56,460
down €56,460 (-14.3%), from €395,315 to €338,855
- Current portion of long-term debt -€9,699
down €9,699 (-14.7%), from €66,159 to €56,460
- Gross operating margin -€20,496
down €20,496 (-6.8%), from €301,847 to €281,351
- Taxes -€11,218
down €11,218 (-19.8%), from €56,586 to €45,369
- Depreciation +€7,487
up €7,487 (+9.6%), from €78,129 to €85,616
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 | €760,518 | €701,808 | -€58,710 | -7.7% |
| Fixed assets | 21/28 | €700,462 | €676,269 | -€24,193 | -3.5% |
| Intangible fixed assets | 21 | €31,250 | €6,250 | -€25,000 | -80.0% |
| Tangible fixed assets | 22/27 | €669,212 | €670,019 | +€807 | +0.1% |
| Land and buildings | 22 | €389,265 | €380,660 | -€8,605 | -2.2% |
| Plant, machinery and equipment | 23 | €181,880 | €226,869 | +€44,989 | +24.7% |
| Furniture and vehicles | 24 | €92,604 | €58,870 | -€33,734 | -36.4% |
| Leasing and similar rights | 25 | €5,463 | €3,620 | -€1,843 | -33.7% |
| Current assets | 29/58 | €60,057 | €25,539 | -€34,517 | -57.5% |
| Amounts receivable within one year | 40/41 | €14,515 | €4,877 | -€9,638 | -66.4% |
| Trade receivables | 40 | €1,149 | €246 | -€903 | -78.6% |
| Other amounts receivable | 41 | €13,366 | €4,631 | -€8,734 | -65.3% |
| Cash at bank and in hand | 54/58 | €42,456 | €17,284 | -€25,172 | -59.3% |
| Deferred charges and accrued income | 490/1 | €3,086 | €3,378 | +€292 | +9.5% |
| Total equity and liabilities | 10/49 | €760,518 | €701,808 | -€58,710 | -7.7% |
| Equity | 10/15 | €144,634 | €24,438 | -€120,196 | -83.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €124,174 | €3,978 | -€120,196 | -96.8% |
| Amounts payable | 17/49 | €615,885 | €677,370 | +€61,485 | +10.0% |
| Amounts payable after more than one year | 17 | €395,315 | €338,855 | -€56,460 | -14.3% |
| Financial debts | 170/4 | €395,315 | €338,855 | -€56,460 | -14.3% |
| Amounts payable within one year | 42/48 | €220,570 | €338,515 | +€117,945 | +53.5% |
| Current portion of amounts payable after more than one year | 42 | €66,159 | €56,460 | -€9,699 | -14.7% |
| Trade debts | 44 | €1,791 | €3,570 | +€1,779 | +99.3% |
| Suppliers | 440/4 | €1,791 | €3,570 | +€1,779 | +99.3% |
| Taxes, remuneration and social security | 45 | €2,621 | €2,692 | +€71 | +2.7% |
| Remuneration and social security | 454/9 | €2,621 | €2,692 | +€71 | +2.7% |
| Other amounts payable | 47/48 | €150,000 | €275,794 | +€125,794 | +83.9% |
| Remuneration, social security and pensions | 62 | €22,598 | €22,721 | +€124 | +0.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €78,129 | €85,616 | +€7,487 | +9.6% |
| Other operating charges | 640/8 | €2,649 | €2,150 | -€499 | -18.8% |
| Gross operating margin | 9900 | €301,847 | €281,351 | -€20,496 | -6.8% |
| Operating profit (loss) | 9901 | €198,472 | €170,864 | -€27,608 | -13.9% |
| Financial income | 75/76B | €9 | €200 | +€191 | +2173.6% |
| Recurring financial income | 75 | €9 | €0 | -€9 | -99.1% |
| Non-recurring financial income | 76B | - | €200 | +€200 | |
| Financial charges | 65/66B | €6,948 | €5,891 | -€1,057 | -15.2% |
| Recurring financial charges | 65 | €6,948 | €5,891 | -€1,057 | -15.2% |
| Profit (loss) for the period before taxes | 9903 | €191,533 | €165,173 | -€26,360 | -13.8% |
| Income taxes | 67/77 | €56,586 | €45,369 | -€11,218 | -19.8% |
| Profit (loss) for the period | 9904 | €134,946 | €119,804 | -€15,142 | -11.2% |
| Profit (loss) for the period to be appropriated | 9905 | €134,946 | €119,804 | -€15,142 | -11.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.