BAJUCO: 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.
BAJUCO
Largest movements
- Receivables within one year -€13,900
down €13,900 (-60.2%), from €23,101 to €9,200
of which Trade receivables: -€15,538
- Cash +€9,432
up €9,432 (+334.4%), from €2,820 to €12,252
mainly Receivables within one year (+€13,900) and Tax, wage and social debts (+€5,338)
- Other debts -€17,406
down €17,406 (-17.8%), from €98,039 to €80,634
- Tax, wage and social debts +€5,338
up €5,338 (+67.1%), from €7,955 to €13,293
- Trade debts +€4,574
up €4,574 (+320.7%), from €1,426 to €6,000
- Gross operating margin -€9,157
down €9,157 (-46.1%), from €19,856 to €10,699
- Taxes -€3,888
down €3,888 (-81.8%), from €4,750 to €862
- Other operating charges +€918
up €918 (+174.0%), from €528 to €1,446
- Financial charges +€569
up €569 (+11.1%), from €5,112 to €5,682
- Depreciation -€261
down €261 (-100.0%), from €261 to €0
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €288,710 | €284,242 | -€4,469 | -1.5% |
| Fixed assets | 21/28 | €262,790 | €262,790 | = | 0.0% |
| Tangible fixed assets | 22/27 | €0 | - | = | |
| Furniture and vehicles | 24 | €0 | - | = | |
| Financial fixed assets | 28 | €262,790 | €262,790 | = | 0.0% |
| Current assets | 29/58 | €25,921 | €21,452 | -€4,469 | -17.2% |
| Amounts receivable within one year | 40/41 | €23,101 | €9,200 | -€13,900 | -60.2% |
| Trade receivables | 40 | €23,101 | €7,563 | -€15,538 | -67.3% |
| Other amounts receivable | 41 | €0 | €1,638 | +€1,638 | |
| Cash at bank and in hand | 54/58 | €2,820 | €12,252 | +€9,432 | +334.4% |
| Total equity and liabilities | 10/49 | €288,710 | €284,242 | -€4,469 | -1.5% |
| Equity | 10/15 | €176,431 | €179,140 | +€2,709 | +1.5% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €5,000 | €5,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €121,431 | €124,140 | +€2,709 | +2.2% |
| Amounts payable | 17/49 | €112,280 | €105,102 | -€7,178 | -6.4% |
| Amounts payable within one year | 42/48 | €107,420 | €99,926 | -€7,494 | -7.0% |
| Trade debts | 44 | €1,426 | €6,000 | +€4,574 | +320.7% |
| Suppliers | 440/4 | €1,426 | €6,000 | +€4,574 | +320.7% |
| Taxes, remuneration and social security | 45 | €7,955 | €13,293 | +€5,338 | +67.1% |
| Taxes | 450/3 | €7,955 | €13,293 | +€5,338 | +67.1% |
| Other amounts payable | 47/48 | €98,039 | €80,634 | -€17,406 | -17.8% |
| Accrued charges and deferred income | 492/3 | €4,859 | €5,175 | +€316 | +6.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €261 | €0 | -€261 | -100.0% |
| Other operating charges | 640/8 | €528 | €1,446 | +€918 | +174.0% |
| Gross operating margin | 9900 | €19,856 | €10,699 | -€9,157 | -46.1% |
| Operating profit (loss) | 9901 | €19,067 | €9,253 | -€9,814 | -51.5% |
| Financial charges | 65/66B | €5,112 | €5,682 | +€569 | +11.1% |
| Recurring financial charges | 65 | €5,112 | €5,682 | +€569 | +11.1% |
| Profit (loss) for the period before taxes | 9903 | €13,955 | €3,571 | -€10,383 | -74.4% |
| Income taxes | 67/77 | €4,750 | €862 | -€3,888 | -81.8% |
| Profit (loss) for the period | 9904 | €9,205 | €2,709 | -€6,496 | -70.6% |
| Profit (loss) for the period to be appropriated | 9905 | €9,205 | €2,709 | -€6,496 | -70.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.