Bakboord services: 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.
Bakboord services
Largest movements
- Cash +€28,510
up €28,510 (+153%), from €18,646 to €47,155
mainly Net result for the year (+€25,423) and Receivables within one year (+€9,369)
- Receivables within one year -€9,369
down €9,369 (-41.2%), from €22,758 to €13,389
of which Trade receivables: -€9,188
- Tangible fixed assets +€2,269
new in 2025: €2,269
- Profit (loss) carried forward +€25,423
up €25,423 (+89.7%), from €28,354 to €53,776
- Tax, wage and social debts -€5,401
down €5,401 (-73.8%), from €7,314 to €1,914
- Other debts +€1,312
up €1,312 (+86.1%), from €1,523 to €2,835
- Gross operating margin -€2,793
down €2,793 (-7.8%), from €35,819 to €33,026
- Taxes -€401
down €401 (-5.5%), from €7,314 to €6,914
- Depreciation +€399
up €399 (+36,316%), from €1 to €401
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 | €41,903 | €63,136 | +€21,234 | +50.7% |
| Fixed assets | 21/28 | €499 | €2,592 | +€2,093 | +419% |
| Intangible fixed assets | 21 | €499 | €323 | -€176 | -35.3% |
| Tangible fixed assets | 22/27 | - | €2,269 | +€2,269 | |
| Plant, machinery and equipment | 23 | - | €2,269 | +€2,269 | |
| Current assets | 29/58 | €41,404 | €60,545 | +€19,141 | +46.2% |
| Amounts receivable within one year | 40/41 | €22,758 | €13,389 | -€9,369 | -41.2% |
| Trade receivables | 40 | €22,088 | €12,900 | -€9,188 | -41.6% |
| Other amounts receivable | 41 | €670 | €489 | -€181 | -27.0% |
| Cash at bank and in hand | 54/58 | €18,646 | €47,155 | +€28,510 | +153% |
| Total equity and liabilities | 10/49 | €41,903 | €63,136 | +€21,234 | +50.7% |
| Equity | 10/15 | €31,354 | €56,776 | +€25,423 | +81.1% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €28,354 | €53,776 | +€25,423 | +89.7% |
| Amounts payable | 17/49 | €10,549 | €6,360 | -€4,189 | -39.7% |
| Amounts payable within one year | 42/48 | €10,549 | €6,360 | -€4,189 | -39.7% |
| Trade debts | 44 | €1,712 | €1,611 | -€100 | -5.9% |
| Suppliers | 440/4 | €1,712 | €1,611 | -€100 | -5.9% |
| Taxes, remuneration and social security | 45 | €7,314 | €1,914 | -€5,401 | -73.8% |
| Taxes | 450/3 | €7,314 | €1,914 | -€5,401 | -73.8% |
| Other amounts payable | 47/48 | €1,523 | €2,835 | +€1,312 | +86.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1 | €401 | +€399 | +36,316% |
| Other operating charges | 640/8 | - | €120 | +€120 | |
| Gross operating margin | 9900 | €35,819 | €33,026 | -€2,793 | -7.8% |
| Operating profit (loss) | 9901 | €35,818 | €32,506 | -€3,312 | -9.2% |
| Financial charges | 65/66B | €150 | €169 | +€19 | +12.5% |
| Recurring financial charges | 65 | €150 | €169 | +€19 | +12.5% |
| Profit (loss) for the period before taxes | 9903 | €35,668 | €32,337 | -€3,331 | -9.3% |
| Income taxes | 67/77 | €7,314 | €6,914 | -€401 | -5.5% |
| Profit (loss) for the period | 9904 | €28,354 | €25,423 | -€2,931 | -10.3% |
| Profit (loss) for the period to be appropriated | 9905 | €28,354 | €25,423 | -€2,931 | -10.3% |
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 20 October 2026 via checked.be.