BAKER M. TEX: 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.
BAKER M. TEX
Largest movements
- Receivables within one year +€151,113
up €151,113 (+118.6%), from €127,459 to €278,572
of which Trade receivables: +€125,900
- Stocks and contracts -€92,042
down €92,042 (-92.0%), from €100,042 to €8,000
- Cash +€10,214
up €10,214 (+50439.6%), from €20 to €10,234
mainly Net result for the year (+€93,019) and Stocks and contracts (+€92,042)
- Profit (loss) carried forward +€93,019
up €93,019 (+1372.9%), from €6,775 to €99,795
- Trade debts -€44,340
down €44,340 (-34.2%), from €129,700 to €85,360
- Tax, wage and social debts +€14,657
up €14,657 (+68.3%), from €21,454 to €36,111
of which Taxes: +€35,007
- Other debts +€5,948
up €5,948 (+136.8%), from €4,347 to €10,295
- Gross operating margin +€120,568
up €120,568 (+1557.2%), from €7,742 to €128,311
- Taxes +€33,903
up €33,903 (+3071.5%), from €1,104 to €35,007
- Other operating charges -€4,599
no longer reported in 2024 (was €4,599)
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €227,716 | €297,001 | +€69,286 | +30.4% |
| Fixed assets | 21/28 | €195 | €195 | = | 0.0% |
| Financial fixed assets | 28 | €195 | €195 | = | 0.0% |
| Current assets | 29/58 | €227,521 | €296,806 | +€69,286 | +30.5% |
| Stocks and contracts in progress | 3 | €100,042 | €8,000 | -€92,042 | -92.0% |
| Stocks | 30/36 | €100,042 | €8,000 | -€92,042 | -92.0% |
| Amounts receivable within one year | 40/41 | €127,459 | €278,572 | +€151,113 | +118.6% |
| Trade receivables | 40 | €114,195 | €240,095 | +€125,900 | +110.2% |
| Other amounts receivable | 41 | €13,263 | €38,477 | +€25,214 | +190.1% |
| Cash at bank and in hand | 54/58 | €20 | €10,234 | +€10,214 | +50439.6% |
| Total equity and liabilities | 10/49 | €227,716 | €297,001 | +€69,286 | +30.4% |
| Equity | 10/15 | €12,775 | €105,795 | +€93,019 | +728.1% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €6,775 | €99,795 | +€93,019 | +1372.9% |
| Amounts payable | 17/49 | €214,941 | €191,207 | -€23,734 | -11.0% |
| Amounts payable within one year | 42/48 | €214,941 | €191,207 | -€23,734 | -11.0% |
| Trade debts | 44 | €129,700 | €85,360 | -€44,340 | -34.2% |
| Suppliers | 440/4 | €129,700 | €85,360 | -€44,340 | -34.2% |
| Advances received on contracts in progress | 46 | €59,440 | €59,440 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €21,454 | €36,111 | +€14,657 | +68.3% |
| Taxes | 450/3 | €1,104 | €36,111 | +€35,007 | +3171.5% |
| Remuneration and social security | 454/9 | €20,350 | - | -€20,350 | |
| Other amounts payable | 47/48 | €4,347 | €10,295 | +€5,948 | +136.8% |
| Other operating charges | 640/8 | €4,599 | - | -€4,599 | |
| Gross operating margin | 9900 | €7,742 | €128,311 | +€120,568 | +1557.2% |
| Operating profit (loss) | 9901 | €3,144 | €128,311 | +€125,167 | +3981.3% |
| Financial charges | 65/66B | €293 | €284 | -€9 | -3.2% |
| Recurring financial charges | 65 | €293 | €284 | -€9 | -3.2% |
| Profit (loss) for the period before taxes | 9903 | €2,850 | €128,027 | +€125,176 | +4391.5% |
| Income taxes | 67/77 | €1,104 | €35,007 | +€33,903 | +3071.5% |
| Profit (loss) for the period | 9904 | €1,747 | €93,019 | +€91,273 | +5225.7% |
| Profit (loss) for the period to be appropriated | 9905 | €1,747 | €93,019 | +€91,273 | +5225.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.