BAPTIST: what changed
Two fiscal 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.
What changed
BAPTIST
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
-€16,786
2023 · -€11,051-€5,736
Equity
€234,048
2023 · €250,834-€16,786
Cash
-
2023 · €576-€576
Balance sheet total
€280,801
2023 · €262,142+€18,660
Largest movements
Assets
- Receivables within one year +€20,110
up €20,110 (+911.9%), from €2,205 to €22,315
Equity and liabilities
- Short-term financial debts +€41,743
new in 2024: €41,743
- Profit (loss) carried forward -€16,786
down €16,786 (-16.1%), from -€104,051 to -€120,837
- Other debts -€5,526
down €5,526 (-66.7%), from €8,284 to €2,758
Income statement
- Gross operating margin -€4,974
down €4,974 (-78.1%), from -€6,369 to -€11,343
- Financial charges +€751
up €751 (+463.0%), from €162 to €913
From the 2023 result to the 2024 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.
Result 2023
-€11,051
Gross operating margin
-€4,974
Depreciation
+€100
Other operating charges
-€111
Financial income
-€0
Financial charges
-€751
Result 2024
-€16,786
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
-€41,540
Investment
-€779
Financing
+€41,743
Cash 2023
€576
From operations (derived)
-€41,540
Net result for the year
-€16,786
Depreciation
+€1,684
Receivables within one year
-€20,110
Deferred charges and accrued income
-€31
Trade debts
-€425
Tax, wage and social debts
-€346
Other debts
-€5,526
Investment (derived)
-€779
Investment in fixed assets (net)
-€779
Financing
+€41,743
Short-term financial debts
+€41,743
Cash 2024
€0
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €262,142 | €280,801 | +€18,660 | +7.1% |
| Fixed assets | 21/28 | €258,723 | €257,818 | -€906 | -0.4% |
| Tangible fixed assets | 22/27 | €258,634 | €257,728 | -€906 | -0.4% |
| Land and buildings | 22 | €255,330 | €256,040 | +€710 | +0.3% |
| Furniture and vehicles | 24 | €3,303 | €1,688 | -€1,615 | -48.9% |
| Financial fixed assets | 28 | €90 | €90 | = | 0.0% |
| Current assets | 29/58 | €3,419 | €22,984 | +€19,565 | +572.3% |
| Amounts receivable within one year | 40/41 | €2,205 | €22,315 | +€20,110 | +911.9% |
| Other amounts receivable | 41 | €2,205 | €22,315 | +€20,110 | +911.9% |
| Cash at bank and in hand | 54/58 | €576 | - | -€576 | |
| Deferred charges and accrued income | 490/1 | €638 | €669 | +€31 | +4.9% |
| Total equity and liabilities | 10/49 | €262,142 | €280,801 | +€18,660 | +7.1% |
| Equity | 10/15 | €250,834 | €234,048 | -€16,786 | -6.7% |
| Contributions | 10/11 | €128,905 | €128,905 | = | 0.0% |
| Capital | 10 | €128,905 | €128,905 | = | 0.0% |
| Issued capital | 100 | €128,905 | €128,905 | = | 0.0% |
| Revaluation surpluses | 12 | €193,357 | €193,357 | = | 0.0% |
| Reserves | 13 | €32,624 | €32,624 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,140 | €1,140 | = | 0.0% |
| Legal reserve | 130 | €1,140 | €1,140 | = | 0.0% |
| Distributable reserves | 133 | €31,484 | €31,484 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€104,051 | -€120,837 | -€16,786 | -16.1% |
| Amounts payable | 17/49 | €11,308 | €46,754 | +€35,446 | +313.5% |
| Amounts payable within one year | 42/48 | €11,308 | €46,754 | +€35,446 | +313.5% |
| Financial debts | 43 | - | €41,743 | +€41,743 | |
| Credit institutions | 430/8 | - | €41,743 | +€41,743 | |
| Trade debts | 44 | €454 | €29 | -€425 | -93.6% |
| Suppliers | 440/4 | €454 | €29 | -€425 | -93.6% |
| Taxes, remuneration and social security | 45 | €2,570 | €2,223 | -€346 | -13.5% |
| Remuneration and social security | 454/9 | €2,570 | €2,223 | -€346 | -13.5% |
| Other amounts payable | 47/48 | €8,284 | €2,758 | -€5,526 | -66.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,785 | €1,684 | -€100 | -5.6% |
| Other operating charges | 640/8 | €2,735 | €2,846 | +€111 | +4.0% |
| Gross operating margin | 9900 | -€6,369 | -€11,343 | -€4,974 | -78.1% |
| Operating profit (loss) | 9901 | -€10,888 | -€15,873 | -€4,985 | -45.8% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €162 | €913 | +€751 | +463.0% |
| Recurring financial charges | 65 | €162 | €913 | +€751 | +463.0% |
| Profit (loss) for the period before taxes | 9903 | -€11,051 | -€16,786 | -€5,736 | -51.9% |
| Profit (loss) for the period | 9904 | -€11,051 | -€16,786 | -€5,736 | -51.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€11,051 | -€16,786 | -€5,736 | -51.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.