BAOBAB Consult: 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.
BAOBAB Consult
Largest movements
- Receivables within one year +€3,442
up €3,442 (+18.5%), from €18,615 to €22,056
of which Trade receivables: +€4,260
- Tangible fixed assets -€3,174
down €3,174 (-100%), from €3,174 to €0
of which Furniture and vehicles: -€3,174
- Other debts +€3,755
up €3,755 (+18.2%), from €20,674 to €24,429
- Profit (loss) carried forward -€2,857
down €2,857 (-5.6%), from -€50,855 to -€53,712
- Trade debts -€453
down €453 (-45.4%), from €998 to €545
- Gross operating margin +€5,519
up €5,519, from -€4,630 to €888
- Depreciation -€2,835
down €2,835 (-47.2%), from €6,009 to €3,174
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 | €21,838 | €22,284 | +€445 | +2.0% |
| Fixed assets | 21/28 | €3,174 | €0 | -€3,174 | -100% |
| Tangible fixed assets | 22/27 | €3,174 | €0 | -€3,174 | -100% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €3,174 | €0 | -€3,174 | -100% |
| Current assets | 29/58 | €18,665 | €22,284 | +€3,619 | +19.4% |
| Amounts receivable within one year | 40/41 | €18,615 | €22,056 | +€3,442 | +18.5% |
| Trade receivables | 40 | €17,520 | €21,780 | +€4,260 | +24.3% |
| Other amounts receivable | 41 | €1,095 | €276 | -€818 | -74.8% |
| Cash at bank and in hand | 54/58 | €50 | €228 | +€178 | +355% |
| Total equity and liabilities | 10/49 | €21,838 | €22,284 | +€445 | +2.0% |
| Equity | 10/15 | €167 | -€2,690 | -€2,857 | |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €44,822 | €44,822 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €42,962 | €42,962 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€50,855 | -€53,712 | -€2,857 | -5.6% |
| Amounts payable | 17/49 | €21,672 | €24,974 | +€3,302 | +15.2% |
| Amounts payable within one year | 42/48 | €21,672 | €24,974 | +€3,302 | +15.2% |
| Trade debts | 44 | €998 | €545 | -€453 | -45.4% |
| Suppliers | 440/4 | €998 | €545 | -€453 | -45.4% |
| Other amounts payable | 47/48 | €20,674 | €24,429 | +€3,755 | +18.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,009 | €3,174 | -€2,835 | -47.2% |
| Other operating charges | 640/8 | €387 | €425 | +€37 | +9.6% |
| Gross operating margin | 9900 | -€4,630 | €888 | +€5,519 | |
| Operating profit (loss) | 9901 | -€11,027 | -€2,710 | +€8,317 | +75.4% |
| Financial charges | 65/66B | €157 | €147 | -€11 | -6.7% |
| Recurring financial charges | 65 | €157 | €147 | -€11 | -6.7% |
| Profit (loss) for the period before taxes | 9903 | -€11,184 | -€2,857 | +€8,327 | +74.5% |
| Profit (loss) for the period | 9904 | -€11,184 | -€2,857 | +€8,327 | +74.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€11,184 | -€2,857 | +€8,327 | +74.5% |
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 15 October 2026 via checked.be.