Bajrami: 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.
Bajrami
Largest movements
- Receivables within one year +€37,802
up €37,802 (+40.0%), from €94,409 to €132,211
of which Other amounts receivable: +€35,887
- Cash +€11,787
up €11,787 (+25.2%), from €46,842 to €58,629
mainly Trade debts (+€24,799) and Net result for the year (+€23,424)
- Stocks and contracts +€2,658
up €2,658 (+443.0%), from €600 to €3,258
- Trade debts +€24,799
up €24,799 (+197.3%), from €12,571 to €37,370
- Profit (loss) carried forward +€23,424
up €23,424 (+25.3%), from €92,581 to €116,005
- Tax, wage and social debts +€5,771
up €5,771 (+35.5%), from €16,239 to €22,010
- Gross operating margin +€12,907
up €12,907 (+51.9%), from €24,888 to €37,794
- Taxes +€4,735
up €4,735 (+106.9%), from €4,430 to €9,165
- Financial income +€3,202
up €3,202 (+69.9%), from €4,580 to €7,782
- Financial charges +€2,469
up €2,469 (+78.0%), from €3,163 to €5,632
- Other operating charges -€1,443
down €1,443 (-16.4%), from €8,798 to €7,356
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 | €141,851 | €195,844 | +€53,993 | +38.1% |
| Current assets | 29/58 | €141,851 | €195,844 | +€53,993 | +38.1% |
| Stocks and contracts in progress | 3 | €600 | €3,258 | +€2,658 | +443.0% |
| Stocks | 30/36 | €600 | €3,258 | +€2,658 | +443.0% |
| Amounts receivable within one year | 40/41 | €94,409 | €132,211 | +€37,802 | +40.0% |
| Trade receivables | 40 | - | €1,915 | +€1,915 | |
| Other amounts receivable | 41 | €94,409 | €130,296 | +€35,887 | +38.0% |
| Cash at bank and in hand | 54/58 | €46,842 | €58,629 | +€11,787 | +25.2% |
| Deferred charges and accrued income | 490/1 | - | €1,746 | +€1,746 | |
| Total equity and liabilities | 10/49 | €141,851 | €195,844 | +€53,993 | +38.1% |
| Equity | 10/15 | €113,041 | €136,465 | +€23,424 | +20.7% |
| 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 | €92,581 | €116,005 | +€23,424 | +25.3% |
| Amounts payable | 17/49 | €28,810 | €59,380 | +€30,569 | +106.1% |
| Amounts payable within one year | 42/48 | €28,810 | €59,380 | +€30,569 | +106.1% |
| Trade debts | 44 | €12,571 | €37,370 | +€24,799 | +197.3% |
| Suppliers | 440/4 | €12,571 | €37,370 | +€24,799 | +197.3% |
| Taxes, remuneration and social security | 45 | €16,239 | €22,010 | +€5,771 | +35.5% |
| Taxes | 450/3 | €16,239 | €22,010 | +€5,771 | +35.5% |
| Other operating charges | 640/8 | €8,798 | €7,356 | -€1,443 | -16.4% |
| Gross operating margin | 9900 | €24,888 | €37,794 | +€12,907 | +51.9% |
| Operating profit (loss) | 9901 | €16,089 | €30,439 | +€14,349 | +89.2% |
| Financial income | 75/76B | €4,580 | €7,782 | +€3,202 | +69.9% |
| Recurring financial income | 75 | €4,580 | €7,782 | +€3,202 | +69.9% |
| Financial charges | 65/66B | €3,163 | €5,632 | +€2,469 | +78.0% |
| Recurring financial charges | 65 | €3,163 | €5,632 | +€2,469 | +78.0% |
| Profit (loss) for the period before taxes | 9903 | €17,506 | €32,589 | +€15,083 | +86.2% |
| Income taxes | 67/77 | €4,430 | €9,165 | +€4,735 | +106.9% |
| Profit (loss) for the period | 9904 | €13,076 | €23,424 | +€10,348 | +79.1% |
| Profit (loss) for the period to be appropriated | 9905 | €13,076 | €23,424 | +€10,348 | +79.1% |
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.