BAKA: what changed
Two financial 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.
BAKA
Largest movements
- Tangible fixed assets -€44,996
down €44,996 (-6.0%), from €752,129 to €707,133
of which Land and buildings: -€25,879
- Receivables within one year +€30,570
up €30,570 (+55.0%), from €55,588 to €86,158
of which Other amounts receivable: +€74,908
- Reserves +€59,122
up €59,122 (+24.8%), from €238,736 to €297,858
- Other debts -€49,679
no longer reported in 2025 (was €49,679)
- Debts after one year -€14,921
down €14,921 (-31.0%), from €48,104 to €33,183
- Taxes +€9,952
up €9,952 (+35.7%), from €27,844 to €37,796
- Gross operating margin +€6,802
up €6,802 (+4.9%), from €139,924 to €146,725
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 | €864,718 | €855,926 | -€8,792 | -1.0% |
| Fixed assets | 21/28 | €753,129 | €707,133 | -€45,996 | -6.1% |
| Tangible fixed assets | 22/27 | €752,129 | €707,133 | -€44,996 | -6.0% |
| Land and buildings | 22 | €674,669 | €648,790 | -€25,879 | -3.8% |
| Furniture and vehicles | 24 | €77,460 | €58,343 | -€19,117 | -24.7% |
| Financial fixed assets | 28 | €1,000 | - | -€1,000 | |
| Current assets | 29/58 | €111,589 | €148,793 | +€37,204 | +33.3% |
| Amounts receivable within one year | 40/41 | €55,588 | €86,158 | +€30,570 | +55.0% |
| Trade receivables | 40 | €55,588 | €11,250 | -€44,338 | -79.8% |
| Other amounts receivable | 41 | - | €74,908 | +€74,908 | |
| Current investments | 50/53 | €18,695 | €18,231 | -€464 | -2.5% |
| Cash at bank and in hand | 54/58 | €36,636 | €42,075 | +€5,439 | +14.8% |
| Deferred charges and accrued income | 490/1 | €670 | €2,329 | +€1,659 | +247.5% |
| Total equity and liabilities | 10/49 | €864,718 | €855,926 | -€8,792 | -1.0% |
| Equity | 10/15 | €734,219 | €793,341 | +€59,122 | +8.1% |
| Contributions | 10/11 | €161,237 | €161,237 | = | 0.0% |
| Reserves | 13 | €238,736 | €297,858 | +€59,122 | +24.8% |
| Distributable reserves | 133 | €238,736 | €297,858 | +€59,122 | +24.8% |
| Profit (loss) carried forward | 14 | €334,246 | €334,246 | = | 0.0% |
| Amounts payable | 17/49 | €130,499 | €62,585 | -€67,914 | -52.0% |
| Amounts payable after more than one year | 17 | €48,104 | €33,183 | -€14,921 | -31.0% |
| Financial debts | 170/4 | €48,104 | €33,183 | -€14,921 | -31.0% |
| Amounts payable within one year | 42/48 | €82,396 | €29,403 | -€52,993 | -64.3% |
| Current portion of amounts payable after more than one year | 42 | €14,304 | €14,921 | +€617 | +4.3% |
| Trade debts | 44 | €569 | €1,345 | +€776 | +136.5% |
| Suppliers | 440/4 | €569 | €1,345 | +€776 | +136.5% |
| Taxes, remuneration and social security | 45 | €17,844 | €13,137 | -€4,707 | -26.4% |
| Taxes | 450/3 | €17,844 | €13,137 | -€4,707 | -26.4% |
| Other amounts payable | 47/48 | €49,679 | - | -€49,679 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €44,004 | €44,996 | +€992 | +2.3% |
| Other operating charges | 640/8 | €2,474 | €2,569 | +€94 | +3.8% |
| Gross operating margin | 9900 | €139,924 | €146,725 | +€6,802 | +4.9% |
| Operating profit (loss) | 9901 | €93,445 | €99,160 | +€5,715 | +6.1% |
| Financial income | 75/76B | - | €781 | +€781 | |
| Recurring financial income | 75 | - | €781 | +€781 | |
| Financial charges | 65/66B | €3,441 | €3,024 | -€417 | -12.1% |
| Recurring financial charges | 65 | €3,441 | €3,024 | -€417 | -12.1% |
| Profit (loss) for the period before taxes | 9903 | €90,005 | €96,918 | +€6,913 | +7.7% |
| Income taxes | 67/77 | €27,844 | €37,796 | +€9,952 | +35.7% |
| Profit (loss) for the period | 9904 | €62,161 | €59,122 | -€3,039 | -4.9% |
| Profit (loss) for the period to be appropriated | 9905 | €62,161 | €59,122 | -€3,039 | -4.9% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.