BALDI BEHEER: 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.
BALDI BEHEER
Largest movements
- Stocks and contracts +€29,277
new in 2025: €29,277
- Receivables within one year +€5,082
up €5,082 (+464%), from €1,095 to €6,177
of which Trade receivables: +€4,840
- Tangible fixed assets -€1,831
down €1,831 (-55.9%), from €3,273 to €1,442
- Other debts +€26,778
up €26,778 (+106%), from €25,223 to €52,001
- Trade debts +€5,771
new in 2025: €5,771
- Gross operating margin +€15,479
up €15,479, from -€1,345 to €14,134
- Financial income -€12,011
no longer reported in 2025 (was €12,011)
of which Non-recurring financial income: -€11,067
- Financial charges +€10,980
up €10,980 (+5,602%), from €196 to €11,176
of which Non-recurring financial charges: +€10,994
- Taxes -€10,334
no longer reported in 2025 (was €10,334)
- Other operating charges +€910
new in 2025: €910
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 | €4,375 | €36,929 | +€32,554 | +744% |
| Fixed assets | 21/28 | €3,273 | €1,442 | -€1,831 | -55.9% |
| Tangible fixed assets | 22/27 | €3,273 | €1,442 | -€1,831 | -55.9% |
| Furniture and vehicles | 24 | €3,273 | €1,442 | -€1,831 | -55.9% |
| Current assets | 29/58 | €1,102 | €35,487 | +€34,385 | +3,120% |
| Stocks and contracts in progress | 3 | - | €29,277 | +€29,277 | |
| Stocks | 30/36 | - | €29,277 | +€29,277 | |
| Amounts receivable within one year | 40/41 | €1,095 | €6,177 | +€5,082 | +464% |
| Trade receivables | 40 | - | €4,840 | +€4,840 | |
| Other amounts receivable | 41 | €1,095 | €1,337 | +€242 | +22.1% |
| Cash at bank and in hand | 54/58 | €7 | €33 | +€26 | +371% |
| Total equity and liabilities | 10/49 | €4,375 | €36,929 | +€32,554 | +744% |
| Equity | 10/15 | -€20,848 | -€20,843 | +€5 | 0.0% |
| Contributions | 10/11 | €34,176 | €34,176 | = | 0.0% |
| Capital | 10 | €34,176 | €34,176 | = | 0.0% |
| Issued capital | 100 | €34,176 | €34,176 | = | 0.0% |
| Reserves | 13 | €32,191 | €32,191 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,532 | €2,532 | = | 0.0% |
| Legal reserve | 130 | €2,532 | €2,532 | = | 0.0% |
| Distributable reserves | 133 | €29,659 | €29,659 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€87,215 | -€87,210 | +€5 | 0.0% |
| Amounts payable | 17/49 | €25,223 | €57,772 | +€32,549 | +129% |
| Amounts payable within one year | 42/48 | €25,223 | €57,772 | +€32,549 | +129% |
| Trade debts | 44 | - | €5,771 | +€5,771 | |
| Suppliers | 440/4 | - | €5,771 | +€5,771 | |
| Other amounts payable | 47/48 | €25,223 | €52,001 | +€26,778 | +106% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,018 | €2,043 | +€25 | +1.2% |
| Other operating charges | 640/8 | - | €910 | +€910 | |
| Gross operating margin | 9900 | -€1,345 | €14,134 | +€15,479 | |
| Operating profit (loss) | 9901 | -€3,363 | €11,181 | +€14,544 | |
| Financial income | 75/76B | €12,011 | - | -€12,011 | |
| Recurring financial income | 75 | €944 | - | -€944 | |
| Non-recurring financial income | 76B | €11,067 | - | -€11,067 | |
| Financial charges | 65/66B | €196 | €11,176 | +€10,980 | +5,602% |
| Recurring financial charges | 65 | €123 | €109 | -€14 | -11.4% |
| Non-recurring financial charges | 66B | €73 | €11,067 | +€10,994 | +15,060% |
| Profit (loss) for the period before taxes | 9903 | €8,452 | €5 | -€8,447 | -99.9% |
| Income taxes | 67/77 | €10,334 | - | -€10,334 | |
| Profit (loss) for the period | 9904 | -€1,882 | €5 | +€1,887 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,882 | €5 | +€1,887 |
Source: filed annual accounts (NBB), financial years ended 30 December 2024 and 30 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.