BAITA: 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
BAITA
NACE 81.220, Other building cleaning and industrial cleaning
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€400,799
2024 · €305,078+€95,721
Equity
€2.4m
2024 · €2.0m+€382,005
Cash
€1.0m
2024 · €729,444+€318,177
Balance sheet total
€4.7m
2024 · €4.6m+€87,778
Largest movements
Assets
- Cash +€318,177
up €318,177 (+43.6%), from €729,444 to €1.0m
mainly Debts after one year (+€467,482) and Net result for the year (+€400,799)
- Receivables within one year -€233,478
down €233,478 (-26.8%), from €870,396 to €636,919
of which Other amounts receivable: -€250,027
Equity and liabilities
- Debts within one year -€808,508
down €808,508 (-51.5%), from €1.6m to €761,041
of which Trade debts: -€871,203
- Debts after one year +€467,482
up €467,482 (+52.7%), from €886,791 to €1.4m
- Profit (loss) carried forward +€260,799
up €260,799 (+25.6%), from €1.0m to €1.3m
- Reserves +€140,000
up €140,000 (+20.5%), from €684,029 to €824,029
- Provisions +€46,798
up €46,798 (+52.9%), from €88,522 to €135,320
Income statement
- Gross operating margin +€113,136
up €113,136 (+3.9%), from €2.9m to €3.0m
- Staff costs +€38,188
up €38,188 (+1.6%), from €2.4m to €2.4m
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
€305,078
Gross operating margin
+€113,136
Staff costs
-€38,188
Depreciation
-€4,880
Write-downs
-€1,352
Other operating charges
-€20,304
Other operating items
+€73,798
Financial income
-€10,690
Financial charges
-€15,798
Result 2025
€400,799
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
+€2,195
Investment
-€132,708
Financing
+€448,689
Cash 2024
€729,444
From operations (derived)
+€2,195
Net result for the year
+€400,799
Depreciation
+€124,491
Stocks and contracts
-€5,242
Receivables within one year
+€233,478
Deferred charges and accrued income
+€10,380
Provisions
+€46,798
Debts within one year
-€808,508
Investment (derived)
-€132,708
Investment in fixed assets (net)
-€132,708
Financing
+€448,689
Debts after one year
+€467,482
Contributions, distributions and other
-€18,793
Cash 2025
€1.0m
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,581,282 | €4,669,060 | +€87,778 | +1.9% |
| Fixed assets | 21/28 | €2,797,100 | €2,805,318 | +€8,217 | +0.3% |
| Tangible fixed assets | 22/27 | €2,738,263 | €2,746,456 | +€8,192 | +0.3% |
| Land and buildings | 22 | €2,678,816 | €2,659,401 | -€19,416 | -0.7% |
| Furniture and vehicles | 24 | €59,447 | €68,324 | +€8,877 | +14.9% |
| Leasing and similar rights | 25 | - | €18,731 | +€18,731 | |
| Financial fixed assets | 28 | €58,837 | €58,862 | +€25 | 0.0% |
| Current assets | 29/58 | €1,784,182 | €1,863,743 | +€79,561 | +4.5% |
| Stocks and contracts in progress | 3 | €12,923 | €18,165 | +€5,242 | +40.6% |
| Stocks | 30/36 | €12,923 | €18,165 | +€5,242 | +40.6% |
| Amounts receivable within one year | 40/41 | €870,396 | €636,919 | -€233,478 | -26.8% |
| Trade receivables | 40 | €371,311 | €387,860 | +€16,549 | +4.5% |
| Other amounts receivable | 41 | €499,086 | €249,059 | -€250,027 | -50.1% |
| Cash at bank and in hand | 54/58 | €729,444 | €1,047,621 | +€318,177 | +43.6% |
| Deferred charges and accrued income | 490/1 | €171,418 | €161,038 | -€10,380 | -6.1% |
| Total equity and liabilities | 10/49 | €4,581,282 | €4,669,060 | +€87,778 | +1.9% |
| Equity | 10/15 | €2,036,421 | €2,418,426 | +€382,005 | +18.8% |
| Contributions | 10/11 | €70,000 | €70,000 | = | 0.0% |
| Capital | 10 | €70,000 | €70,000 | = | 0.0% |
| Reserves | 13 | €684,029 | €824,029 | +€140,000 | +20.5% |
| Profit (loss) carried forward | 14 | €1,017,491 | €1,278,290 | +€260,799 | +25.6% |
| Investment grants | 15 | €264,901 | €246,108 | -€18,793 | -7.1% |
| Provisions and deferred taxes | 16 | €88,522 | €135,320 | +€46,798 | +52.9% |
| Provisions for liabilities and charges | 160/5 | €88,522 | €135,320 | +€46,798 | +52.9% |
| Other liabilities and charges | 164/5 | €88,522 | €135,320 | +€46,798 | +52.9% |
| Amounts payable | 17/49 | €2,456,339 | €2,115,314 | -€341,025 | -13.9% |
| Amounts payable after more than one year | 17 | €886,791 | €1,354,273 | +€467,482 | +52.7% |
| Financial debts | 170/4 | €886,791 | €1,354,273 | +€467,482 | +52.7% |
| Amounts payable within one year | 42/48 | €1,569,549 | €761,041 | -€808,508 | -51.5% |
| Current portion of amounts payable after more than one year | 42 | €105,934 | €132,521 | +€26,586 | +25.1% |
| Trade debts | 44 | €922,926 | €51,723 | -€871,203 | -94.4% |
| Suppliers | 440/4 | €922,926 | €51,723 | -€871,203 | -94.4% |
| Advances received on contracts in progress | 46 | - | €65,086 | +€65,086 | |
| Taxes, remuneration and social security | 45 | €422,416 | €403,831 | -€18,585 | -4.4% |
| Taxes | 450/3 | €69,573 | €60,706 | -€8,867 | -12.7% |
| Remuneration and social security | 454/9 | €352,843 | €343,124 | -€9,718 | -2.8% |
| Non-recurring operating income | 76A | €75 | €97,738 | +€97,663 | +130443.4% |
| Remuneration, social security and pensions | 62 | €2,409,475 | €2,447,663 | +€38,188 | +1.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €119,611 | €124,491 | +€4,880 | +4.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €14,729 | €16,082 | +€1,352 | +9.2% |
| Other operating charges | 640/8 | €2,118 | €22,422 | +€20,304 | +958.5% |
| Non-recurring operating charges | 66A | - | €14,724 | +€14,724 | |
| Gross operating margin | 9900 | €2,915,343 | €3,028,479 | +€113,136 | +3.9% |
| Operating profit (loss) | 9901 | €280,889 | €403,098 | +€122,209 | +43.5% |
| Financial income | 75/76B | €45,082 | €34,392 | -€10,690 | -23.7% |
| Recurring financial income | 75 | €45,082 | €34,392 | -€10,690 | -23.7% |
| Financial charges | 65/66B | €20,893 | €36,691 | +€15,798 | +75.6% |
| Recurring financial charges | 65 | €20,893 | €36,691 | +€15,798 | +75.6% |
| Profit (loss) for the period before taxes | 9903 | €305,078 | €400,799 | +€95,721 | +31.4% |
| Profit (loss) for the period | 9904 | €305,078 | €400,799 | +€95,721 | +31.4% |
| Profit (loss) for the period to be appropriated | 9905 | €305,078 | €400,799 | +€95,721 | +31.4% |
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 7 October 2026 via checked.be.