Baubo: 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.
Baubo
Largest movements
- Cash +€53,250
up €53,250 (+127%), from €42,042 to €95,292
mainly Depreciation (+€36,469) and Net result for the year (+€27,424)
- Tangible fixed assets -€31,469
down €31,469 (-3.2%), from €984,138 to €952,669
of which Land and buildings: -€24,672
- Contributions +€27,424
up €27,424 (+3.4%), from €803,420 to €830,844
- Debts within one year -€25,266
down €25,266 (-11.5%), from €220,359 to €195,093
of which Short-term financial debts: -€18,000
- Accrued charges and deferred income +€18,234
new in 2024: €18,234
- Gross operating margin +€36,074
up €36,074 (+100%), from €35,909 to €71,983
- Depreciation +€2,063
up €2,063 (+6.0%), from €34,406 to €36,469
- Financial income -€1,873
down €1,873 (-97.7%), from €1,916 to €43
of which Non-recurring financial income: -€1,867
- Other operating charges +€1,530
up €1,530 (+73.8%), from €2,074 to €3,604
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.
Derived cash bridge
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.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,047,047 | €1,060,032 | +€12,986 | +1.2% |
| Fixed assets | 21/28 | €986,138 | €954,669 | -€31,469 | -3.2% |
| Tangible fixed assets | 22/27 | €984,138 | €952,669 | -€31,469 | -3.2% |
| Land and buildings | 22 | €910,259 | €885,586 | -€24,672 | -2.7% |
| Plant, machinery and equipment | 23 | €67,543 | €63,234 | -€4,310 | -6.4% |
| Furniture and vehicles | 24 | €6,336 | €3,849 | -€2,487 | -39.2% |
| Financial fixed assets | 28 | €2,000 | €2,000 | = | 0.0% |
| Current assets | 29/58 | €60,909 | €105,364 | +€44,455 | +73.0% |
| Amounts receivable within one year | 40/41 | €9,124 | €440 | -€8,685 | -95.2% |
| Trade receivables | 40 | €169 | €335 | +€166 | +98.3% |
| Other amounts receivable | 41 | €8,955 | €105 | -€8,851 | -98.8% |
| Cash at bank and in hand | 54/58 | €42,042 | €95,292 | +€53,250 | +127% |
| Deferred charges and accrued income | 490/1 | €9,742 | €9,632 | -€111 | -1.1% |
| Total equity and liabilities | 10/49 | €1,047,047 | €1,060,032 | +€12,986 | +1.2% |
| Equity | 10/15 | €803,420 | €830,844 | +€27,424 | +3.4% |
| Contributions | 10/11 | €803,420 | €830,844 | +€27,424 | +3.4% |
| Capital | 10 | €803,420 | €830,844 | +€27,424 | +3.4% |
| Amounts payable | 17/49 | €243,626 | €229,188 | -€14,438 | -5.9% |
| Amounts payable after more than one year | 17 | €23,267 | €15,862 | -€7,406 | -31.8% |
| Financial debts | 170/4 | €23,267 | €15,862 | -€7,406 | -31.8% |
| Amounts payable within one year | 42/48 | €220,359 | €195,093 | -€25,266 | -11.5% |
| Current portion of amounts payable after more than one year | 42 | €7,274 | €7,406 | +€132 | +1.8% |
| Financial debts | 43 | €200,000 | €182,000 | -€18,000 | -9.0% |
| Other loans | 439 | €200,000 | €182,000 | -€18,000 | -9.0% |
| Trade debts | 44 | €6,063 | €2,790 | -€3,273 | -54.0% |
| Suppliers | 440/4 | €6,063 | €2,790 | -€3,273 | -54.0% |
| Advances received on contracts in progress | 46 | €508 | €508 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €3,849 | - | -€3,849 | |
| Taxes | 450/3 | €3,849 | - | -€3,849 | |
| Accrued charges and deferred income | 492/3 | - | €18,234 | +€18,234 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,406 | €36,469 | +€2,063 | +6.0% |
| Other operating charges | 640/8 | €2,074 | €3,604 | +€1,530 | +73.8% |
| Non-recurring operating charges | 66A | €3,029 | - | -€3,029 | |
| Gross operating margin | 9900 | €35,909 | €71,983 | +€36,074 | +100% |
| Operating profit (loss) | 9901 | -€3,599 | €31,910 | +€35,509 | |
| Financial income | 75/76B | €1,916 | €43 | -€1,873 | -97.7% |
| Recurring financial income | 75 | €48 | €43 | -€5 | -10.8% |
| Non-recurring financial income | 76B | €1,867 | - | -€1,867 | |
| Financial charges | 65/66B | €987 | €888 | -€99 | -10.0% |
| Recurring financial charges | 65 | €987 | €888 | -€99 | -10.0% |
| Profit (loss) for the period before taxes | 9903 | -€2,670 | €31,065 | +€33,736 | |
| Income taxes | 67/77 | €3,849 | €3,641 | -€207 | -5.4% |
| Profit (loss) for the period | 9904 | -€6,519 | €27,424 | +€33,943 | |
| Profit (loss) for the period to be appropriated | 9905 | -€6,519 | €27,424 | +€33,943 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.