BAJATE: 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.
BAJATE
Largest movements
- Tangible fixed assets -€4,220
down €4,220 (-1.6%), from €270,962 to €266,742
of which Land and buildings: -€4,220
- Receivables within one year -€4,076
down €4,076 (-4.4%), from €93,613 to €89,538
of which Other amounts receivable: -€8,763
- Trade debts -€3,948
down €3,948 (-20.8%), from €18,973 to €15,024
- Gross operating margin -€2,503
down €2,503 (-32.0%), from €7,831 to €5,328
- Taxes -€1,310
no longer reported in 2025 (was €1,310)
- Financial charges +€372
up €372 (+73.0%), from €510 to €882
- Other operating charges +€140
up €140 (+2.3%), from €6,145 to €6,285
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 | €365,294 | €357,457 | -€7,837 | -2.1% |
| Fixed assets | 21/28 | €270,962 | €266,742 | -€4,220 | -1.6% |
| Tangible fixed assets | 22/27 | €270,962 | €266,742 | -€4,220 | -1.6% |
| Land and buildings | 22 | €270,962 | €266,742 | -€4,220 | -1.6% |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Current assets | 29/58 | €94,332 | €90,715 | -€3,617 | -3.8% |
| Amounts receivable within one year | 40/41 | €93,613 | €89,538 | -€4,076 | -4.4% |
| Trade receivables | 40 | €31,779 | €36,467 | +€4,688 | +14.8% |
| Other amounts receivable | 41 | €61,834 | €53,071 | -€8,763 | -14.2% |
| Cash at bank and in hand | 54/58 | €66 | €519 | +€453 | +686.6% |
| Deferred charges and accrued income | 490/1 | €653 | €658 | +€5 | +0.8% |
| Total equity and liabilities | 10/49 | €365,294 | €357,457 | -€7,837 | -2.1% |
| Equity | 10/15 | €345,012 | €342,433 | -€2,579 | -0.7% |
| Contributions | 10/11 | €62,938 | €62,938 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Outside capital | 11 | €1,438 | €1,438 | = | 0.0% |
| Share premium | 1100/10 | €1,438 | €1,438 | = | 0.0% |
| Reserves | 13 | €278,864 | €278,864 | = | 0.0% |
| Non-distributable reserves | 130/1 | €4,195 | €4,195 | = | 0.0% |
| Legal reserve | 130 | €4,195 | €4,195 | = | 0.0% |
| Distributable reserves | 133 | €274,669 | €274,669 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,210 | €631 | -€2,579 | -80.4% |
| Amounts payable | 17/49 | €20,283 | €15,024 | -€5,258 | -25.9% |
| Amounts payable within one year | 42/48 | €20,283 | €15,024 | -€5,258 | -25.9% |
| Trade debts | 44 | €18,973 | €15,024 | -€3,948 | -20.8% |
| Suppliers | 440/4 | €18,973 | €15,024 | -€3,948 | -20.8% |
| Taxes, remuneration and social security | 45 | €1,310 | €0 | -€1,310 | -100.0% |
| Taxes | 450/3 | €1,310 | €0 | -€1,310 | -100.0% |
| Other amounts payable | 47/48 | €0 | €0 | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,220 | €4,220 | = | 0.0% |
| Other operating charges | 640/8 | €6,145 | €6,285 | +€140 | +2.3% |
| Gross operating margin | 9900 | €7,831 | €5,328 | -€2,503 | -32.0% |
| Operating profit (loss) | 9901 | -€2,534 | -€5,177 | -€2,643 | -104.3% |
| Financial income | 75/76B | €3,492 | €3,480 | -€12 | -0.3% |
| Recurring financial income | 75 | €3,492 | €3,480 | -€12 | -0.3% |
| Financial charges | 65/66B | €510 | €882 | +€372 | +73.0% |
| Recurring financial charges | 65 | €510 | €882 | +€372 | +73.0% |
| Profit (loss) for the period before taxes | 9903 | €448 | -€2,579 | -€3,027 | |
| Income taxes | 67/77 | €1,310 | - | -€1,310 | |
| Profit (loss) for the period | 9904 | -€862 | -€2,579 | -€1,717 | -199.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€862 | -€2,579 | -€1,717 | -199.2% |
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 4 October 2026 via checked.be.