BAKA HOLDING: 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 HOLDING
Largest movements
- Cash -€37,992
down €37,992 (-92.2%), from €41,227 to €3,235
mainly Net result for the year (-€63,853) and Tax, wage and social debts (-€5,018)
- Financial fixed assets -€27,000
down €27,000 (-3.0%), from €905,240 to €878,240
- Profit (loss) carried forward -€41,943
down €41,943, from €0 to -€41,943
- Reserves -€21,911
down €21,911 (-100%), from €21,911 to €0
- Financial charges -€72,743
down €72,743 (-72.7%), from €100,039 to €27,296
of which Non-recurring financial charges: -€73,000
- Gross operating margin +€3,293
up €3,293 (+8.6%), from -€38,431 to -€35,138
- Financial income -€1,032
down €1,032 (-27.9%), from €3,699 to €2,667
of which Financial income: -€1,032
- Staff costs -€396
down €396 (-100%), from €396 to €0
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.
Derived cash bridge
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 | €1,041,298 | €973,561 | -€67,737 | -6.5% |
| Fixed assets | 21/28 | €944,891 | €915,942 | -€28,949 | -3.1% |
| Tangible fixed assets | 22/27 | €39,651 | €37,702 | -€1,949 | -4.9% |
| Land and buildings | 22 | €38,641 | €37,101 | -€1,540 | -4.0% |
| Plant, machinery and equipment | 23 | €1,009 | €601 | -€408 | -40.5% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Financial fixed assets | 28 | €905,240 | €878,240 | -€27,000 | -3.0% |
| Current assets | 29/58 | €96,408 | €57,619 | -€38,789 | -40.2% |
| Amounts receivable within one year | 40/41 | €54,799 | €50,361 | -€4,438 | -8.1% |
| Trade receivables | 40 | €2,140 | €2,263 | +€123 | +5.8% |
| Other amounts receivable | 41 | €52,659 | €48,098 | -€4,561 | -8.7% |
| Cash at bank and in hand | 54/58 | €41,227 | €3,235 | -€37,992 | -92.2% |
| Deferred charges and accrued income | 490/1 | €382 | €4,023 | +€3,641 | +953% |
| Total equity and liabilities | 10/49 | €1,041,298 | €973,561 | -€67,737 | -6.5% |
| Equity | 10/15 | €1,033,911 | €970,057 | -€63,853 | -6.2% |
| Contributions | 10/11 | €1,012,000 | €1,012,000 | = | 0.0% |
| Reserves | 13 | €21,911 | €0 | -€21,911 | -100% |
| Distributable reserves | 133 | €21,911 | €0 | -€21,911 | -100% |
| Profit (loss) carried forward | 14 | €0 | -€41,943 | -€41,943 | |
| Amounts payable | 17/49 | €7,388 | €3,504 | -€3,884 | -52.6% |
| Amounts payable within one year | 42/48 | €7,300 | €3,504 | -€3,796 | -52.0% |
| Trade debts | 44 | €2,128 | €3,350 | +€1,222 | +57.4% |
| Suppliers | 440/4 | €2,128 | €3,350 | +€1,222 | +57.4% |
| Taxes, remuneration and social security | 45 | €5,172 | €154 | -€5,018 | -97.0% |
| Taxes | 450/3 | €5,172 | €154 | -€5,018 | -97.0% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €88 | €0 | -€88 | -100% |
| Non-recurring operating income | 76A | - | €939 | +€939 | |
| Remuneration, social security and pensions | 62 | €396 | €0 | -€396 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,949 | €1,949 | = | 0.0% |
| Other operating charges | 640/8 | €1,689 | €2,055 | +€366 | +21.7% |
| Non-recurring operating charges | 66A | €650 | €0 | -€650 | -100% |
| Gross operating margin | 9900 | -€38,431 | -€35,138 | +€3,293 | +8.6% |
| Operating profit (loss) | 9901 | -€43,115 | -€39,142 | +€3,973 | +9.2% |
| Financial income | 75/76B | €3,699 | €2,667 | -€1,032 | -27.9% |
| Recurring financial income | 75 | €3,699 | €2,667 | -€1,032 | -27.9% |
| Non-recurring financial income | 76B | €0 | - | = | |
| Financial charges | 65/66B | €100,039 | €27,296 | -€72,743 | -72.7% |
| Recurring financial charges | 65 | €39 | €296 | +€257 | +659% |
| Non-recurring financial charges | 66B | €100,000 | €27,000 | -€73,000 | -73.0% |
| Profit (loss) for the period before taxes | 9903 | -€139,455 | -€63,771 | +€75,684 | +54.3% |
| Income taxes | 67/77 | €72 | €82 | +€11 | +14.7% |
| Profit (loss) for the period | 9904 | -€139,527 | -€63,853 | +€75,673 | +54.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€139,527 | -€63,853 | +€75,673 | +54.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.