BAPTISTE: 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.
BAPTISTE
Largest movements
- Receivables within one year -€138,046
down €138,046 (-99.6%), from €138,630 to €584
of which Other amounts receivable: -€134,416
- Current investments +€73,779
up €73,779 (+8.3%), from €886,221 to €960,000
- Tangible fixed assets -€44,079
down €44,079 (-13.7%), from €321,537 to €277,458
of which Furniture and vehicles: -€30,927
- Other debts -€129,988
down €129,988 (-40.4%), from €321,587 to €191,599
- Reserves +€68,241
up €68,241 (+19.5%), from €350,641 to €418,883
- Tax, wage and social debts -€30,974
down €30,974 (-85.5%), from €36,217 to €5,243
- Gross operating margin -€99,989
down €99,989 (-79.4%), from €125,924 to €25,935
- Financial income +€63,065
up €63,065 (+390.9%), from €16,135 to €79,200
of which Non-recurring financial income: +€61,301
- Taxes -€25,840
down €25,840 (-72.4%), from €35,680 to €9,841
- Depreciation -€4,356
down €4,356 (-15.8%), from €27,535 to €23,179
- Other operating charges -€2,135
down €2,135 (-42.0%), from €5,082 to €2,947
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.
Cash bridge derived
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 | €1,358,478 | €1,255,840 | -€102,638 | -7.6% |
| Fixed assets | 21/28 | €321,537 | €277,458 | -€44,079 | -13.7% |
| Tangible fixed assets | 22/27 | €321,537 | €277,458 | -€44,079 | -13.7% |
| Land and buildings | 22 | €273,804 | €261,691 | -€12,113 | -4.4% |
| Plant, machinery and equipment | 23 | €1,765 | €726 | -€1,038 | -58.8% |
| Furniture and vehicles | 24 | €45,968 | €15,041 | -€30,927 | -67.3% |
| Current assets | 29/58 | €1,036,940 | €978,381 | -€58,559 | -5.6% |
| Amounts receivable within one year | 40/41 | €138,630 | €584 | -€138,046 | -99.6% |
| Trade receivables | 40 | €3,630 | - | -€3,630 | |
| Other amounts receivable | 41 | €135,000 | €584 | -€134,416 | -99.6% |
| Current investments | 50/53 | €886,221 | €960,000 | +€73,779 | +8.3% |
| Cash at bank and in hand | 54/58 | €10,202 | €15,872 | +€5,671 | +55.6% |
| Deferred charges and accrued income | 490/1 | €1,888 | €1,925 | +€36 | +1.9% |
| Total equity and liabilities | 10/49 | €1,358,478 | €1,255,840 | -€102,638 | -7.6% |
| Equity | 10/15 | €976,169 | €1,044,411 | +€68,241 | +7.0% |
| Contributions | 10/11 | €11,249 | €11,249 | = | 0.0% |
| Reserves | 13 | €350,641 | €418,883 | +€68,241 | +19.5% |
| Distributable reserves | 133 | €350,641 | €418,883 | +€68,241 | +19.5% |
| Profit (loss) carried forward | 14 | €614,279 | €614,279 | = | 0.0% |
| Amounts payable | 17/49 | €382,308 | €211,429 | -€170,879 | -44.7% |
| Amounts payable after more than one year | 17 | €14,149 | €5,074 | -€9,074 | -64.1% |
| Financial debts | 170/4 | €14,149 | €5,074 | -€9,074 | -64.1% |
| Amounts payable within one year | 42/48 | €368,160 | €206,355 | -€161,805 | -43.9% |
| Current portion of amounts payable after more than one year | 42 | €9,000 | €9,000 | = | 0.0% |
| Trade debts | 44 | €1,356 | €513 | -€843 | -62.2% |
| Suppliers | 440/4 | €1,356 | €513 | -€843 | -62.2% |
| Taxes, remuneration and social security | 45 | €36,217 | €5,243 | -€30,974 | -85.5% |
| Taxes | 450/3 | €36,217 | €5,243 | -€30,974 | -85.5% |
| Other amounts payable | 47/48 | €321,587 | €191,599 | -€129,988 | -40.4% |
| Non-recurring operating income | 76A | €105,171 | - | -€105,171 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,535 | €23,179 | -€4,356 | -15.8% |
| Other operating charges | 640/8 | €5,082 | €2,947 | -€2,135 | -42.0% |
| Gross operating margin | 9900 | €125,924 | €25,935 | -€99,989 | -79.4% |
| Operating profit (loss) | 9901 | €93,307 | -€191 | -€93,498 | |
| Financial income | 75/76B | €16,135 | €79,200 | +€63,065 | +390.9% |
| Recurring financial income | 75 | €16,135 | €17,899 | +€1,764 | +10.9% |
| Non-recurring financial income | 76B | - | €61,301 | +€61,301 | |
| Financial charges | 65/66B | €1,542 | €927 | -€615 | -39.9% |
| Recurring financial charges | 65 | €1,542 | €927 | -€615 | -39.9% |
| Profit (loss) for the period before taxes | 9903 | €107,900 | €78,082 | -€29,818 | -27.6% |
| Income taxes | 67/77 | €35,680 | €9,841 | -€25,840 | -72.4% |
| Profit (loss) for the period | 9904 | €72,219 | €68,241 | -€3,978 | -5.5% |
| Profit (loss) for the period to be appropriated | 9905 | €72,219 | €68,241 | -€3,978 | -5.5% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.