Baqheera: 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.
What changed
Baqheera
NACE 47.120, Other non-specialised retail sale
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€6,000
2024 · -+€6,000
Equity
€24,607
2024 · €18,607+€6,000
Cash
€107
2024 · €106+€1
Balance sheet total
€26,107
2024 · €18,607+€7,500
Largest movements
Assets
- Deferred charges and accrued income +€7,500
new in 2025: €7,500
Equity and liabilities
- Profit (loss) carried forward +€6,000
up €6,000 (+69.7%), from €8,607 to €14,607
- Tax, wage and social debts +€1,500
new in 2025: €1,500
Income statement
- Gross operating margin +€7,500
new in 2025: €7,500
- Taxes +€1,500
new in 2025: €1,500
From the 2024 result to the 2025 result
The net result is not in both sets of accounts; without it the difference cannot be explained line by line.
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.
From operations
+€1
Investment
€0
Financing
€0
Cash 2024
€106
From operations (derived)
+€1
Net result for the year
+€6,000
Stocks and contracts
+€1
Deferred charges and accrued income
-€7,500
Tax, wage and social debts
+€1,500
Cash 2025
€107
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €18,607 | €26,107 | +€7,500 | +40.3% |
| Current assets | 29/58 | €18,607 | €26,107 | +€7,500 | +40.3% |
| Stocks and contracts in progress | 3 | €6,944 | €6,943 | -€1 | 0.0% |
| Stocks | 30/36 | €6,944 | €6,943 | -€1 | 0.0% |
| Amounts receivable within one year | 40/41 | €11,557 | €11,557 | = | 0.0% |
| Trade receivables | 40 | €11,557 | €11,557 | = | 0.0% |
| Current investments | 50/53 | - | €0 | = | |
| Cash at bank and in hand | 54/58 | €106 | €107 | +€1 | +0.9% |
| Deferred charges and accrued income | 490/1 | - | €7,500 | +€7,500 | |
| Total equity and liabilities | 10/49 | €18,607 | €26,107 | +€7,500 | +40.3% |
| Equity | 10/15 | €18,607 | €24,607 | +€6,000 | +32.2% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €8,607 | €14,607 | +€6,000 | +69.7% |
| Amounts payable | 17/49 | - | €1,500 | +€1,500 | |
| Amounts payable within one year | 42/48 | - | €1,500 | +€1,500 | |
| Taxes, remuneration and social security | 45 | - | €1,500 | +€1,500 | |
| Taxes | 450/3 | - | €1,500 | +€1,500 | |
| Gross operating margin | 9900 | - | €7,500 | +€7,500 | |
| Operating profit (loss) | 9901 | - | €7,500 | +€7,500 | |
| Profit (loss) for the period before taxes | 9903 | - | €7,500 | +€7,500 | |
| Income taxes | 67/77 | - | €1,500 | +€1,500 | |
| Profit (loss) for the period | 9904 | - | €6,000 | +€6,000 | |
| Profit (loss) for the period to be appropriated | 9905 | - | €6,000 | +€6,000 |
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 26 October 2026 via checked.be.