Baltique 6074: 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.
Baltique 6074
Largest movements
- Cash -€128,191
down €128,191 (-74.4%), from €172,222 to €44,031
mainly Contributions, distributions and other (-€165,000) and Tax, wage and social debts (-€91,162)
- Deferred charges and accrued income -€85,000
no longer reported in 2025 (was €85,000)
- Receivables within one year +€5,031
up €5,031 (+558,954%), from €1 to €5,031
of which Other amounts receivable: +€5,031
- Reserves -€165,000
no longer reported in 2025 (was €165,000)
- Tax, wage and social debts -€91,162
down €91,162 (-96.8%), from €94,188 to €3,026
- Profit (loss) carried forward +€45,565
up €45,565 (+4,698%), from €970 to €46,535
- Gross operating margin -€146,980
down €146,980 (-71.2%), from €206,555 to €59,576
- Taxes -€35,078
down €35,078 (-74.6%), from €47,047 to €11,969
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 | €262,400 | €52,894 | -€209,506 | -79.8% |
| Fixed assets | 21/28 | €5,178 | €3,832 | -€1,346 | -26.0% |
| Intangible fixed assets | 21 | €133 | - | -€133 | |
| Tangible fixed assets | 22/27 | €5,045 | €3,832 | -€1,214 | -24.1% |
| Furniture and vehicles | 24 | €5,045 | €3,412 | -€1,634 | -32.4% |
| Other tangible fixed assets | 26 | - | €420 | +€420 | |
| Current assets | 29/58 | €257,223 | €49,062 | -€208,160 | -80.9% |
| Amounts receivable within one year | 40/41 | €1 | €5,031 | +€5,031 | +558,954% |
| Trade receivables | 40 | €1 | - | -€1 | |
| Other amounts receivable | 41 | - | €5,031 | +€5,031 | |
| Cash at bank and in hand | 54/58 | €172,222 | €44,031 | -€128,191 | -74.4% |
| Deferred charges and accrued income | 490/1 | €85,000 | - | -€85,000 | |
| Total equity and liabilities | 10/49 | €262,400 | €52,894 | -€209,506 | -79.8% |
| Equity | 10/15 | €167,970 | €48,535 | -€119,435 | -71.1% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €165,000 | - | -€165,000 | |
| Distributable reserves | 133 | €165,000 | - | -€165,000 | |
| Profit (loss) carried forward | 14 | €970 | €46,535 | +€45,565 | +4,698% |
| Amounts payable | 17/49 | €94,431 | €4,359 | -€90,071 | -95.4% |
| Amounts payable within one year | 42/48 | €94,431 | €4,359 | -€90,071 | -95.4% |
| Trade debts | 44 | €14 | - | -€14 | |
| Suppliers | 440/4 | €14 | - | -€14 | |
| Taxes, remuneration and social security | 45 | €94,188 | €3,026 | -€91,162 | -96.8% |
| Taxes | 450/3 | €94,188 | €3,026 | -€91,162 | -96.8% |
| Other amounts payable | 47/48 | €229 | €1,334 | +€1,105 | +483% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,483 | €1,766 | +€283 | +19.1% |
| Gross operating margin | 9900 | €206,555 | €59,576 | -€146,980 | -71.2% |
| Operating profit (loss) | 9901 | €205,072 | €57,810 | -€147,263 | -71.8% |
| Financial income | 75/76B | €1,588 | - | -€1,588 | |
| Recurring financial income | 75 | €1,588 | - | -€1,588 | |
| Financial charges | 65/66B | €178 | €276 | +€99 | +55.7% |
| Recurring financial charges | 65 | €178 | €276 | +€99 | +55.7% |
| Profit (loss) for the period before taxes | 9903 | €206,483 | €57,533 | -€148,950 | -72.1% |
| Income taxes | 67/77 | €47,047 | €11,969 | -€35,078 | -74.6% |
| Profit (loss) for the period | 9904 | €159,437 | €45,565 | -€113,872 | -71.4% |
| Profit (loss) for the period to be appropriated | 9905 | €159,437 | €45,565 | -€113,872 | -71.4% |
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 23 October 2026 via checked.be.