BakerHicks: what changed
Two fiscal 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.
BakerHicks
Largest movements
- Cash +€36,171
up €36,171 (+2865.3%), from €1,262 to €37,433
mainly Other debts (+€195,737) and Trade debts (+€33,031)
- Receivables within one year -€20,186
down €20,186 (-47.8%), from €42,249 to €22,063
of which Other amounts receivable: -€13,867
- Profit (loss) carried forward -€209,135
down €209,135 (-49.8%), from -€420,297 to -€629,432
- Other debts +€195,737
up €195,737 (+49.1%), from €398,934 to €594,671
- Trade debts +€33,031
up €33,031 (+205.2%), from €16,099 to €49,130
- Tax, wage and social debts -€4,141
down €4,141 (-100.0%), from €4,141 to €0
of which Taxes: -€3,099
- Staff costs -€58,634
down €58,634 (-44.5%), from €131,865 to €73,232
- Gross operating margin -€30,281
down €30,281 (-37.7%), from -€80,258 to -€110,540
- Financial charges +€7,460
up €7,460 (+38.1%), from €19,581 to €27,041
- Financial income +€2,040
up €2,040 (+416.5%), from €490 to €2,530
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 | €60,376 | €75,869 | +€15,493 | +25.7% |
| Fixed assets | 21/28 | €7,995 | €7,542 | -€453 | -5.7% |
| Tangible fixed assets | 22/27 | €501 | €48 | -€453 | -90.5% |
| Furniture and vehicles | 24 | €501 | €48 | -€453 | -90.5% |
| Financial fixed assets | 28 | €7,494 | €7,494 | = | 0.0% |
| Current assets | 29/58 | €52,381 | €68,327 | +€15,946 | +30.4% |
| Amounts receivable within one year | 40/41 | €42,249 | €22,063 | -€20,186 | -47.8% |
| Trade receivables | 40 | €24,385 | €18,067 | -€6,319 | -25.9% |
| Other amounts receivable | 41 | €17,863 | €3,996 | -€13,867 | -77.6% |
| Cash at bank and in hand | 54/58 | €1,262 | €37,433 | +€36,171 | +2865.3% |
| Deferred charges and accrued income | 490/1 | €8,870 | €8,831 | -€39 | -0.4% |
| Total equity and liabilities | 10/49 | €60,376 | €75,869 | +€15,493 | +25.7% |
| Equity | 10/15 | -€358,797 | -€567,932 | -€209,135 | -58.3% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€420,297 | -€629,432 | -€209,135 | -49.8% |
| Amounts payable | 17/49 | €419,173 | €643,801 | +€224,628 | +53.6% |
| Amounts payable within one year | 42/48 | €419,173 | €643,801 | +€224,628 | +53.6% |
| Trade debts | 44 | €16,099 | €49,130 | +€33,031 | +205.2% |
| Suppliers | 440/4 | €16,099 | €49,130 | +€33,031 | +205.2% |
| Taxes, remuneration and social security | 45 | €4,141 | €0 | -€4,141 | -100.0% |
| Taxes | 450/3 | €3,099 | €0 | -€3,099 | -100.0% |
| Remuneration and social security | 454/9 | €1,042 | €0 | -€1,042 | -100.0% |
| Other amounts payable | 47/48 | €398,934 | €594,671 | +€195,737 | +49.1% |
| Non-recurring operating income | 76A | €1,242 | €0 | -€1,242 | -100.0% |
| Remuneration, social security and pensions | 62 | €131,865 | €73,232 | -€58,634 | -44.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €453 | €453 | = | 0.0% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | -€80,258 | -€110,540 | -€30,281 | -37.7% |
| Operating profit (loss) | 9901 | -€212,964 | -€184,624 | +€28,340 | +13.3% |
| Financial income | 75/76B | €490 | €2,530 | +€2,040 | +416.5% |
| Recurring financial income | 75 | €490 | €2,530 | +€2,040 | +416.5% |
| Financial charges | 65/66B | €19,581 | €27,041 | +€7,460 | +38.1% |
| Recurring financial charges | 65 | €19,581 | €27,041 | +€7,460 | +38.1% |
| Profit (loss) for the period before taxes | 9903 | -€232,055 | -€209,135 | +€22,921 | +9.9% |
| Profit (loss) for the period | 9904 | -€232,055 | -€209,135 | +€22,921 | +9.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€232,055 | -€209,135 | +€22,921 | +9.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.