BAKLOUTI ENGINEERING AND 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.
BAKLOUTI ENGINEERING AND SERVICES
Largest movements
- Receivables within one year +€66,473
up €66,473 (+335%), from €19,834 to €86,307
of which Trade receivables: +€49,509
- Deferred charges and accrued income +€5,488
new in 2023: €5,488
- Tangible fixed assets -€5,198
down €5,198 (-28.2%), from €18,408 to €13,210
of which Furniture and vehicles: -€4,000
- Cash +€1,783
up €1,783 (+46.6%), from €3,824 to €5,607
mainly Tax, wage and social debts (+€66,648) and Trade debts (+€20,223)
- Tax, wage and social debts +€66,648
up €66,648 (+31,290%), from €213 to €66,861
of which Remuneration and social security: +€40,898
- Profit (loss) carried forward -€34,085
down €34,085 (-7,945%), from -€429 to -€34,514
- Trade debts +€20,223
up €20,223 (+150%), from €13,515 to €33,738
- Other debts +€10,063
new in 2023: €10,063
- Current portion of long-term debt +€5,000
up €5,000 (+25.9%), from €19,299 to €24,299
- Purchases and services -€71,093
down €71,093 (-52.7%), from €134,962 to €63,869
- Turnover -€39,569
down €39,569 (-34.0%), from €116,389 to €76,820
- Gross operating margin +€19,524
up €19,524, from -€6,573 to €12,951
- Staff costs +€15,987
up €15,987 (+436%), from €3,666 to €19,653
- Depreciation -€5,198
no longer reported in 2023 (was €5,198)
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €42,524 | €111,373 | +€68,849 | +162% |
| Fixed assets | 21/28 | €18,866 | €13,971 | -€4,895 | -25.9% |
| Tangible fixed assets | 22/27 | €18,408 | €13,210 | -€5,198 | -28.2% |
| Land and buildings | 22 | €12,822 | €12,020 | -€802 | -6.3% |
| Plant, machinery and equipment | 23 | €1,586 | €1,190 | -€396 | -25.0% |
| Furniture and vehicles | 24 | €4,000 | - | -€4,000 | |
| Financial fixed assets | 28 | €458 | €761 | +€303 | +66.1% |
| Current assets | 29/58 | €23,658 | €97,403 | +€73,745 | +312% |
| Amounts receivable within one year | 40/41 | €19,834 | €86,307 | +€66,473 | +335% |
| Trade receivables | 40 | €13,665 | €63,174 | +€49,509 | +362% |
| Other amounts receivable | 41 | €6,169 | €23,133 | +€16,964 | +275% |
| Cash at bank and in hand | 54/58 | €3,824 | €5,607 | +€1,783 | +46.6% |
| Deferred charges and accrued income | 490/1 | - | €5,488 | +€5,488 | |
| Total equity and liabilities | 10/49 | €42,524 | €111,373 | +€68,849 | +162% |
| Equity | 10/15 | €5,768 | -€28,317 | -€34,085 | |
| Contributions | 10/11 | €6,197 | €6,197 | +€0 | 0.0% |
| Capital | 10 | €6,197 | €6,197 | +€0 | 0.0% |
| Issued capital | 100 | €18,592 | €18,592 | +€0 | 0.0% |
| Uncalled capital | 101 | €12,395 | €12,395 | -€0 | 0.0% |
| Profit (loss) carried forward | 14 | -€429 | -€34,514 | -€34,085 | -7,945% |
| Amounts payable | 17/49 | €36,756 | €139,690 | +€102,934 | +280% |
| Amounts payable within one year | 42/48 | €36,756 | €139,690 | +€102,934 | +280% |
| Current portion of amounts payable after more than one year | 42 | €19,299 | €24,299 | +€5,000 | +25.9% |
| Financial debts | 43 | - | €1,000 | +€1,000 | |
| Credit institutions | 430/8 | - | €1,000 | +€1,000 | |
| Trade debts | 44 | €13,515 | €33,738 | +€20,223 | +150% |
| Suppliers | 440/4 | €13,515 | €33,738 | +€20,223 | +150% |
| Advances received on contracts in progress | 46 | €3,729 | €3,729 | +€0 | 0.0% |
| Taxes, remuneration and social security | 45 | €213 | €66,861 | +€66,648 | +31,290% |
| Taxes | 450/3 | - | €25,751 | +€25,751 | |
| Remuneration and social security | 454/9 | €213 | €41,111 | +€40,898 | +19,201% |
| Other amounts payable | 47/48 | - | €10,063 | +€10,063 | |
| Turnover | 70 | €116,389 | €76,820 | -€39,569 | -34.0% |
| Non-recurring operating income | 76A | €12,000 | - | -€12,000 | |
| Goods, raw materials, services and sundry goods | 60/61 | €134,962 | €63,869 | -€71,093 | -52.7% |
| Remuneration, social security and pensions | 62 | €3,666 | €19,653 | +€15,987 | +436% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,198 | - | -€5,198 | |
| Other operating charges | 640/8 | €991 | €3,177 | +€2,186 | +221% |
| Non-recurring operating charges | 66A | €236 | €124 | -€112 | -47.4% |
| Gross operating margin | 9900 | -€6,573 | €12,951 | +€19,524 | |
| Operating profit (loss) | 9901 | -€16,664 | -€10,003 | +€6,661 | +40.0% |
| Financial income | 75/76B | €109 | - | -€109 | |
| Recurring financial income | 75 | €109 | - | -€109 | |
| Financial charges | 65/66B | €3,629 | €70 | -€3,559 | -98.1% |
| Recurring financial charges | 65 | €3,629 | €70 | -€3,559 | -98.1% |
| Profit (loss) for the period before taxes | 9903 | -€20,184 | -€10,073 | +€10,111 | +50.1% |
| Income taxes | 67/77 | €588 | - | -€588 | |
| Profit (loss) for the period | 9904 | -€20,772 | -€10,073 | +€10,699 | +51.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€20,772 | -€10,073 | +€10,699 | +51.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.