Bakaliko: 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.
Bakaliko
Largest movements
- Cash +€24,996
up €24,996 (+79.9%), from €31,303 to €56,299
mainly Net result for the year (+€22,331) and Depreciation (+€10,533)
- Tangible fixed assets -€9,707
down €9,707 (-68.1%), from €14,265 to €4,557
of which Plant, machinery and equipment: -€9,900
- Stocks and contracts +€4,230
up €4,230 (+27.0%), from €15,655 to €19,884
- Receivables within one year -€1,226
no longer reported in 2025 (was €1,226)
- Trade debts +€6,037
up €6,037 (+699%), from €864 to €6,901
- Other debts +€5,043
new in 2025: €5,043
- Reserves +€4,684
up €4,684 (+12.3%), from €38,067 to €42,751
- Tax, wage and social debts +€2,710
up €2,710 (+12.0%), from €22,539 to €25,249
of which Taxes: +€8,715
- Gross operating margin +€14,165
up €14,165 (+16.8%), from €84,558 to €98,723
- Staff costs -€6,122
down €6,122 (-10.0%), from €61,521 to €55,399
- Taxes +€4,883
up €4,883 (+359%), from €1,360 to €6,244
- Financial charges -€1,681
down €1,681 (-59.6%), from €2,822 to €1,141
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 | €66,650 | €84,944 | +€18,295 | +27.4% |
| Fixed assets | 21/28 | €18,413 | €8,706 | -€9,707 | -52.7% |
| Tangible fixed assets | 22/27 | €14,265 | €4,557 | -€9,707 | -68.1% |
| Plant, machinery and equipment | 23 | €13,125 | €3,225 | -€9,900 | -75.4% |
| Furniture and vehicles | 24 | €1,140 | €1,332 | +€193 | +16.9% |
| Financial fixed assets | 28 | €4,149 | €4,149 | = | 0.0% |
| Current assets | 29/58 | €48,236 | €76,239 | +€28,002 | +58.1% |
| Stocks and contracts in progress | 3 | €15,655 | €19,884 | +€4,230 | +27.0% |
| Stocks | 30/36 | €15,655 | €19,884 | +€4,230 | +27.0% |
| Amounts receivable within one year | 40/41 | €1,226 | - | -€1,226 | |
| Trade receivables | 40 | €1,226 | - | -€1,226 | |
| Cash at bank and in hand | 54/58 | €31,303 | €56,299 | +€24,996 | +79.9% |
| Deferred charges and accrued income | 490/1 | €53 | €55 | +€2 | +4.2% |
| Total equity and liabilities | 10/49 | €66,650 | €84,944 | +€18,295 | +27.4% |
| Equity | 10/15 | €43,067 | €47,751 | +€4,684 | +10.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €38,067 | €42,751 | +€4,684 | +12.3% |
| Distributable reserves | 133 | €38,067 | €42,751 | +€4,684 | +12.3% |
| Amounts payable | 17/49 | €23,582 | €37,193 | +€13,611 | +57.7% |
| Amounts payable within one year | 42/48 | €23,403 | €37,193 | +€13,790 | +58.9% |
| Trade debts | 44 | €864 | €6,901 | +€6,037 | +699% |
| Suppliers | 440/4 | €864 | €6,901 | +€6,037 | +699% |
| Taxes, remuneration and social security | 45 | €22,539 | €25,249 | +€2,710 | +12.0% |
| Taxes | 450/3 | €7,334 | €16,050 | +€8,715 | +119% |
| Remuneration and social security | 454/9 | €15,205 | €9,200 | -€6,005 | -39.5% |
| Other amounts payable | 47/48 | - | €5,043 | +€5,043 | |
| Accrued charges and deferred income | 492/3 | €179 | - | -€179 | |
| Remuneration, social security and pensions | 62 | €61,521 | €55,399 | -€6,122 | -10.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,786 | €10,533 | -€253 | -2.3% |
| Other operating charges | 640/8 | €3,731 | €3,166 | -€565 | -15.2% |
| Gross operating margin | 9900 | €84,558 | €98,723 | +€14,165 | +16.8% |
| Operating profit (loss) | 9901 | €8,519 | €29,625 | +€21,106 | +248% |
| Financial income | 75/76B | €22 | €90 | +€68 | +304% |
| Recurring financial income | 75 | €22 | €90 | +€68 | +304% |
| Financial charges | 65/66B | €2,822 | €1,141 | -€1,681 | -59.6% |
| Recurring financial charges | 65 | €2,822 | €1,141 | -€1,681 | -59.6% |
| Profit (loss) for the period before taxes | 9903 | €5,720 | €28,574 | +€22,855 | +400% |
| Income taxes | 67/77 | €1,360 | €6,244 | +€4,883 | +359% |
| Profit (loss) for the period | 9904 | €4,359 | €22,331 | +€17,972 | +412% |
| Profit (loss) for the period to be appropriated | 9905 | €4,359 | €22,331 | +€17,972 | +412% |
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 21 October 2026 via checked.be.