BAKHTYARI: 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.
BAKHTYARI
Largest movements
- Cash +€12,724
new in 2025: €12,724
mainly Receivables within one year (+€9,468) and Net result for the year (+€2,558)
- Receivables within one year -€9,468
down €9,468 (-34.1%), from €27,788 to €18,320
of which Other amounts receivable: -€6,312
- Tangible fixed assets -€826
no longer reported in 2025 (was €826)
- Profit (loss) carried forward +€2,558
up €2,558 (+9.6%), from €26,613 to €29,171
- Trade debts +€503
up €503 (+383%), from €131 to €635
- Tax, wage and social debts -€394
no longer reported in 2025 (was €394)
- Turnover +€8,011
up €8,011 (+17.6%), from €45,590 to €53,602
- Purchases and services +€5,771
up €5,771 (+12.8%), from €45,017 to €50,788
- Gross operating margin +€2,233
up €2,233 (+153%), from €1,458 to €3,691
- Depreciation +€826
new in 2025: €826
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 | €28,614 | €31,045 | +€2,431 | +8.5% |
| Fixed assets | 21/28 | €826 | - | -€826 | |
| Tangible fixed assets | 22/27 | €826 | - | -€826 | |
| Furniture and vehicles | 24 | €826 | - | -€826 | |
| Current assets | 29/58 | €27,788 | €31,045 | +€3,256 | +11.7% |
| Amounts receivable within one year | 40/41 | €27,788 | €18,320 | -€9,468 | -34.1% |
| Trade receivables | 40 | €12,046 | €8,891 | -€3,156 | -26.2% |
| Other amounts receivable | 41 | €15,742 | €9,430 | -€6,312 | -40.1% |
| Cash at bank and in hand | 54/58 | - | €12,724 | +€12,724 | |
| Total equity and liabilities | 10/49 | €28,614 | €31,045 | +€2,431 | +8.5% |
| Equity | 10/15 | €27,852 | €30,410 | +€2,558 | +9.2% |
| Contributions | 10/11 | €1,239 | €1,239 | = | 0.0% |
| Profit (loss) carried forward | 14 | €26,613 | €29,171 | +€2,558 | +9.6% |
| Amounts payable | 17/49 | €762 | €635 | -€127 | -16.7% |
| Amounts payable within one year | 42/48 | €762 | €635 | -€127 | -16.7% |
| Financial debts | 43 | €236 | - | -€236 | |
| Credit institutions | 430/8 | €236 | - | -€236 | |
| Trade debts | 44 | €131 | €635 | +€503 | +383% |
| Suppliers | 440/4 | €131 | €635 | +€503 | +383% |
| Taxes, remuneration and social security | 45 | €394 | - | -€394 | |
| Taxes | 450/3 | €394 | - | -€394 | |
| Turnover | 70 | €45,590 | €53,602 | +€8,011 | +17.6% |
| Goods, raw materials, services and sundry goods | 60/61 | €45,017 | €50,788 | +€5,771 | +12.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €826 | +€826 | |
| Other operating charges | 640/8 | €106 | €106 | = | 0.0% |
| Gross operating margin | 9900 | €1,458 | €3,691 | +€2,233 | +153% |
| Operating profit (loss) | 9901 | €1,352 | €2,759 | +€1,408 | +104% |
| Financial charges | 65/66B | €297 | €201 | -€96 | -32.2% |
| Recurring financial charges | 65 | €297 | €201 | -€96 | -32.2% |
| Profit (loss) for the period before taxes | 9903 | €1,054 | €2,558 | +€1,503 | +143% |
| Profit (loss) for the period | 9904 | €1,054 | €2,558 | +€1,503 | +143% |
| Profit (loss) for the period to be appropriated | 9905 | €1,054 | €2,558 | +€1,503 | +143% |
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.