BAUDET INTERNATIONAL: 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.
BAUDET INTERNATIONAL
Largest movements
- Tangible fixed assets -€5,921
down €5,921 (-39.4%), from €15,024 to €9,103
of which Land and buildings: -€3,254
- Deferred charges and accrued income -€1,918
down €1,918 (-95.2%), from €2,014 to €96
- Receivables within one year +€1,625
up €1,625 (+104%), from €1,568 to €3,193
of which Other amounts receivable: +€1,295
- Cash +€370
up €370 (+186%), from €199 to €569
mainly Other debts (+€23,275) and Depreciation (+€5,920)
- Profit (loss) carried forward -€33,136
down €33,136 (-8.5%), from -€392,004 to -€425,140
- Other debts +€23,275
up €23,275 (+7.5%), from €309,982 to €333,257
- Trade debts +€4,017
up €4,017 (+390%), from €1,030 to €5,047
- Depreciation -€1,550
down €1,550 (-20.7%), from €7,470 to €5,920
- Gross operating margin -€1,305
down €1,305 (-5.8%), from -€22,656 to -€23,961
- Other operating charges +€731
up €731 (+31.1%), from €2,354 to €3,085
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 | €18,805 | €12,962 | -€5,843 | -31.1% |
| Fixed assets | 21/28 | €15,024 | €9,103 | -€5,921 | -39.4% |
| Tangible fixed assets | 22/27 | €15,024 | €9,103 | -€5,921 | -39.4% |
| Land and buildings | 22 | €6,800 | €3,546 | -€3,254 | -47.9% |
| Plant, machinery and equipment | 23 | €7,194 | €5,267 | -€1,927 | -26.8% |
| Furniture and vehicles | 24 | €1,030 | €290 | -€740 | -71.9% |
| Current assets | 29/58 | €3,781 | €3,859 | +€78 | +2.1% |
| Amounts receivable within one year | 40/41 | €1,568 | €3,193 | +€1,625 | +104% |
| Trade receivables | 40 | €1,088 | €1,419 | +€331 | +30.4% |
| Other amounts receivable | 41 | €480 | €1,775 | +€1,295 | +270% |
| Cash at bank and in hand | 54/58 | €199 | €569 | +€370 | +186% |
| Deferred charges and accrued income | 490/1 | €2,014 | €96 | -€1,918 | -95.2% |
| Total equity and liabilities | 10/49 | €18,805 | €12,962 | -€5,843 | -31.1% |
| Equity | 10/15 | -€292,207 | -€325,343 | -€33,136 | -11.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | - | -€18,600 | |
| Other | 1109/19 | €18,600 | - | -€18,600 | |
| Reserves | 13 | €81,197 | €81,197 | +€0 | 0.0% |
| Non-distributable reserves | 130/1 | €6,197 | €6,197 | +€0 | 0.0% |
| Reserves not available under the articles | 1311 | €6,197 | €6,197 | +€0 | 0.0% |
| Distributable reserves | 133 | €75,000 | €75,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€392,004 | -€425,140 | -€33,136 | -8.5% |
| Amounts payable | 17/49 | €311,012 | €338,305 | +€27,293 | +8.8% |
| Amounts payable within one year | 42/48 | €311,012 | €338,305 | +€27,293 | +8.8% |
| Trade debts | 44 | €1,030 | €5,047 | +€4,017 | +390% |
| Suppliers | 440/4 | €1,030 | €5,047 | +€4,017 | +390% |
| Other amounts payable | 47/48 | €309,982 | €333,257 | +€23,275 | +7.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,470 | €5,920 | -€1,550 | -20.7% |
| Other operating charges | 640/8 | €2,354 | €3,085 | +€731 | +31.1% |
| Gross operating margin | 9900 | -€22,656 | -€23,961 | -€1,305 | -5.8% |
| Operating profit (loss) | 9901 | -€32,480 | -€32,966 | -€486 | -1.5% |
| Financial charges | 65/66B | €117 | €170 | +€53 | +45.6% |
| Recurring financial charges | 65 | €117 | €170 | +€53 | +45.6% |
| Profit (loss) for the period before taxes | 9903 | -€32,597 | -€33,136 | -€539 | -1.7% |
| Income taxes | 67/77 | €150 | €0 | -€150 | -100% |
| Profit (loss) for the period | 9904 | -€32,747 | -€33,136 | -€389 | -1.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€32,747 | -€33,136 | -€389 | -1.2% |
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 1 November 2026 via checked.be.