BAITOKIL: 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.
BAITOKIL
Largest movements
- Cash +€77,581
up €77,581 (+1013.0%), from €7,658 to €85,240
mainly Net result for the year (+€56,214) and Depreciation (+€10,440)
- Tangible fixed assets -€18,201
down €18,201 (-26.0%), from €70,116 to €51,915
of which Furniture and vehicles: -€19,492
- Receivables within one year -€6,306
down €6,306 (-76.5%), from €8,242 to €1,936
of which Trade receivables: -€6,302
- Reserves +€56,214
up €56,214 (+106.6%), from €52,733 to €108,947
- Other debts -€1,878
down €1,878 (-14.4%), from €13,009 to €11,130
- Gross operating margin +€26,035
up €26,035 (+39.6%), from €65,819 to €91,854
- Taxes +€2,650
up €2,650 (+21.9%), from €12,088 to €14,738
- Depreciation +€1,976
up €1,976 (+23.3%), from €8,464 to €10,440
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 | €86,923 | €140,955 | +€54,032 | +62.2% |
| Fixed assets | 21/28 | €70,116 | €51,915 | -€18,201 | -26.0% |
| Tangible fixed assets | 22/27 | €70,116 | €51,915 | -€18,201 | -26.0% |
| Plant, machinery and equipment | 23 | - | €1,291 | +€1,291 | |
| Furniture and vehicles | 24 | €70,116 | €50,623 | -€19,492 | -27.8% |
| Current assets | 29/58 | €16,807 | €89,040 | +€72,233 | +429.8% |
| Amounts receivable within one year | 40/41 | €8,242 | €1,936 | -€6,306 | -76.5% |
| Trade receivables | 40 | €8,237 | €1,936 | -€6,302 | -76.5% |
| Other amounts receivable | 41 | €5 | - | -€5 | |
| Cash at bank and in hand | 54/58 | €7,658 | €85,240 | +€77,581 | +1013.0% |
| Deferred charges and accrued income | 490/1 | €907 | €1,865 | +€958 | +105.6% |
| Total equity and liabilities | 10/49 | €86,923 | €140,955 | +€54,032 | +62.2% |
| Equity | 10/15 | €53,733 | €109,947 | +€56,214 | +104.6% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €52,733 | €108,947 | +€56,214 | +106.6% |
| Distributable reserves | 133 | €52,733 | €108,947 | +€56,214 | +106.6% |
| Amounts payable | 17/49 | €33,190 | €31,008 | -€2,183 | -6.6% |
| Amounts payable within one year | 42/48 | €33,190 | €31,008 | -€2,183 | -6.6% |
| Trade debts | 44 | €1,592 | €813 | -€779 | -48.9% |
| Suppliers | 440/4 | €1,592 | €813 | -€779 | -48.9% |
| Taxes, remuneration and social security | 45 | €18,590 | €19,064 | +€474 | +2.6% |
| Taxes | 450/3 | €18,590 | €19,064 | +€474 | +2.6% |
| Other amounts payable | 47/48 | €13,009 | €11,130 | -€1,878 | -14.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,464 | €10,440 | +€1,976 | +23.3% |
| Other operating charges | 640/8 | €710 | €772 | +€62 | +8.7% |
| Non-recurring operating charges | 66A | - | €9,564 | +€9,564 | |
| Gross operating margin | 9900 | €65,819 | €91,854 | +€26,035 | +39.6% |
| Operating profit (loss) | 9901 | €56,645 | €71,078 | +€14,433 | +25.5% |
| Financial income | 75/76B | - | €6 | +€6 | |
| Recurring financial income | 75 | - | €6 | +€6 | |
| Financial charges | 65/66B | €49 | €132 | +€84 | +171.1% |
| Recurring financial charges | 65 | €49 | €132 | +€84 | +171.1% |
| Profit (loss) for the period before taxes | 9903 | €56,596 | €70,952 | +€14,356 | +25.4% |
| Income taxes | 67/77 | €12,088 | €14,738 | +€2,650 | +21.9% |
| Profit (loss) for the period | 9904 | €44,508 | €56,214 | +€11,706 | +26.3% |
| Profit (loss) for the period to be appropriated | 9905 | €44,508 | €56,214 | +€11,706 | +26.3% |
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 1 October 2026 via checked.be.