BAKRIC: 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.
BAKRIC
Largest movements
- Receivables within one year +€87,434
up €87,434 (+70.8%), from €123,563 to €210,997
of which Trade receivables: +€96,006
- Cash -€22,520
down €22,520 (-40.5%), from €55,589 to €33,069
mainly Receivables within one year (-€87,434) and Trade debts (-€16,147)
- Tangible fixed assets -€14,338
down €14,338 (-18.7%), from €76,803 to €62,465
of which Furniture and vehicles: -€13,383
- Profit (loss) carried forward +€65,067
up €65,067 (+52.0%), from €125,013 to €190,080
- Tax, wage and social debts +€20,734
up €20,734 (+117%), from €17,773 to €38,506
of which Taxes: +€18,571
- Trade debts -€16,147
down €16,147 (-69.5%), from €23,219 to €7,073
- Debts after one year -€10,582
down €10,582 (-23.6%), from €44,806 to €34,224
- Other debts -€5,753
down €5,753 (-18.5%), from €31,025 to €25,272
- Depreciation +€13,697
up €13,697 (+487%), from €2,812 to €16,509
- Gross operating margin +€13,425
up €13,425 (+14.0%), from €95,559 to €108,984
- Taxes +€5,680
up €5,680 (+32.0%), from €17,747 to €23,426
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 | €260,090 | €313,797 | +€53,707 | +20.6% |
| Fixed assets | 21/28 | €77,081 | €62,743 | -€14,338 | -18.6% |
| Tangible fixed assets | 22/27 | €76,803 | €62,465 | -€14,338 | -18.7% |
| Plant, machinery and equipment | 23 | €1,436 | €481 | -€954 | -66.5% |
| Furniture and vehicles | 24 | €75,367 | €61,984 | -€13,383 | -17.8% |
| Financial fixed assets | 28 | €278 | €278 | = | 0.0% |
| Current assets | 29/58 | €183,009 | €251,054 | +€68,045 | +37.2% |
| Stocks and contracts in progress | 3 | - | €3,000 | +€3,000 | |
| Stocks | 30/36 | - | €3,000 | +€3,000 | |
| Amounts receivable within one year | 40/41 | €123,563 | €210,997 | +€87,434 | +70.8% |
| Trade receivables | 40 | €103,913 | €199,918 | +€96,006 | +92.4% |
| Other amounts receivable | 41 | €19,650 | €11,078 | -€8,572 | -43.6% |
| Cash at bank and in hand | 54/58 | €55,589 | €33,069 | -€22,520 | -40.5% |
| Deferred charges and accrued income | 490/1 | €3,857 | €3,988 | +€131 | +3.4% |
| Total equity and liabilities | 10/49 | €260,090 | €313,797 | +€53,707 | +20.6% |
| Equity | 10/15 | €133,073 | €198,140 | +€65,067 | +48.9% |
| Contributions | 10/11 | €8,060 | €8,060 | = | 0.0% |
| Profit (loss) carried forward | 14 | €125,013 | €190,080 | +€65,067 | +52.0% |
| Amounts payable | 17/49 | €127,017 | €115,657 | -€11,360 | -8.9% |
| Amounts payable after more than one year | 17 | €44,806 | €34,224 | -€10,582 | -23.6% |
| Financial debts | 170/4 | €44,806 | €34,224 | -€10,582 | -23.6% |
| Amounts payable within one year | 42/48 | €82,211 | €81,433 | -€778 | -0.9% |
| Current portion of amounts payable after more than one year | 42 | €10,194 | €10,582 | +€388 | +3.8% |
| Trade debts | 44 | €23,219 | €7,073 | -€16,147 | -69.5% |
| Suppliers | 440/4 | €23,219 | €7,073 | -€16,147 | -69.5% |
| Taxes, remuneration and social security | 45 | €17,773 | €38,506 | +€20,734 | +117% |
| Taxes | 450/3 | €17,773 | €36,344 | +€18,571 | +104% |
| Remuneration and social security | 454/9 | - | €2,163 | +€2,163 | |
| Other amounts payable | 47/48 | €31,025 | €25,272 | -€5,753 | -18.5% |
| Non-recurring operating income | 76A | €29,916 | - | -€29,916 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,812 | €16,509 | +€13,697 | +487% |
| Other operating charges | 640/8 | €1,691 | €1,572 | -€120 | -7.1% |
| Non-recurring operating charges | 66A | - | €63 | +€63 | |
| Gross operating margin | 9900 | €95,559 | €108,984 | +€13,425 | +14.0% |
| Operating profit (loss) | 9901 | €91,056 | €90,840 | -€216 | -0.2% |
| Financial income | 75/76B | €41 | €0 | -€41 | -100.0% |
| Recurring financial income | 75 | €41 | €0 | -€41 | -100.0% |
| Financial charges | 65/66B | €1,282 | €2,346 | +€1,064 | +83.0% |
| Recurring financial charges | 65 | €1,282 | €2,346 | +€1,064 | +83.0% |
| Profit (loss) for the period before taxes | 9903 | €89,814 | €88,494 | -€1,321 | -1.5% |
| Income taxes | 67/77 | €17,747 | €23,426 | +€5,680 | +32.0% |
| Profit (loss) for the period | 9904 | €72,068 | €65,067 | -€7,000 | -9.7% |
| Profit (loss) for the period to be appropriated | 9905 | €72,068 | €65,067 | -€7,000 | -9.7% |
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 17 October 2026 via checked.be.