BAUDRIES: what changed
BAUDRIES
Largest movements
- Deferred charges and accrued income -€40,000
no longer reported in 2025 (was €40,000)
- Tangible fixed assets -€34,368
down €34,368 (-1.9%), from €1.9m to €1.8m
of which Land and buildings: -€99,870
- Contributions +€700,000
up €700,000 (+63.2%), from €1.1m to €1.8m
- Debts after one year -€479,251
no longer reported in 2025 (was €479,251)
- Profit (loss) carried forward -€125,449
down €125,449 (-81.3%), from €154,293 to €28,844
- Other debts -€84,172
down €84,172 (-96.3%), from €87,386 to €3,214
- Current portion of long-term debt -€74,566
no longer reported in 2025 (was €74,566)
- Turnover -€389,406
down €389,406 (-86.3%), from €451,206 to €61,800
- Purchases and services -€388,934
down €388,934 (-89.2%), from €436,263 to €47,329
- Financial income -€126,066
no longer reported in 2025 (was €126,066)
of which Financial income: -€126,066
- Financial charges -€14,675
down €14,675 (-37.7%), from €38,924 to €24,249
of which Financial charges: -€9,024
- Depreciation +€4,544
up €4,544 (+4.3%), from €105,788 to €110,332
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,909,210 | €1,840,808 | -€68,402 | -3.6% |
| Fixed assets | 21/28 | €1,852,816 | €1,818,448 | -€34,368 | -1.9% |
| Tangible fixed assets | 22/27 | €1,851,816 | €1,817,448 | -€34,368 | -1.9% |
| Land and buildings | 22 | €1,827,157 | €1,727,287 | -€99,870 | -5.5% |
| Furniture and vehicles | 24 | €24,658 | €90,161 | +€65,503 | +266% |
| Financial fixed assets | 28 | €1,000 | €1,000 | = | 0.0% |
| Current assets | 29/58 | €56,394 | €22,360 | -€34,034 | -60.4% |
| Amounts receivable within one year | 40/41 | €207 | €3,014 | +€2,807 | +1,357% |
| Other amounts receivable | 41 | €207 | €3,014 | +€2,807 | +1,357% |
| Cash at bank and in hand | 54/58 | €16,188 | €19,346 | +€3,158 | +19.5% |
| Deferred charges and accrued income | 490/1 | €40,000 | - | -€40,000 | |
| Total equity and liabilities | 10/49 | €1,909,210 | €1,840,808 | -€68,402 | -3.6% |
| Equity | 10/15 | €1,263,043 | €1,837,594 | +€574,551 | +45.5% |
| Contributions | 10/11 | €1,107,500 | €1,807,500 | +€700,000 | +63.2% |
| Reserves | 13 | €1,250 | €1,250 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,250 | €1,250 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,250 | €1,250 | = | 0.0% |
| Profit (loss) carried forward | 14 | €154,293 | €28,844 | -€125,449 | -81.3% |
| Amounts payable | 17/49 | €646,167 | €3,214 | -€642,953 | -99.5% |
| Amounts payable after more than one year | 17 | €479,251 | - | -€479,251 | |
| Financial debts | 170/4 | €479,251 | - | -€479,251 | |
| Amounts payable within one year | 42/48 | €166,916 | €3,214 | -€163,702 | -98.1% |
| Current portion of amounts payable after more than one year | 42 | €74,566 | - | -€74,566 | |
| Trade debts | 44 | €4,964 | - | -€4,964 | |
| Suppliers | 440/4 | €4,964 | - | -€4,964 | |
| Other amounts payable | 47/48 | €87,386 | €3,214 | -€84,172 | -96.3% |
| Turnover | 70 | €451,206 | €61,800 | -€389,406 | -86.3% |
| Goods, raw materials, services and sundry goods | 60/61 | €436,263 | €47,329 | -€388,934 | -89.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €105,788 | €110,332 | +€4,544 | +4.3% |
| Other operating charges | 640/8 | €5,181 | €5,339 | +€158 | +3.0% |
| Gross operating margin | 9900 | €14,943 | €14,471 | -€472 | -3.2% |
| Operating profit (loss) | 9901 | -€96,027 | -€101,200 | -€5,173 | -5.4% |
| Financial income | 75/76B | €126,066 | - | -€126,066 | |
| Recurring financial income | 75 | €126,066 | - | -€126,066 | |
| Non-recurring financial income | 76B | €126,066 | - | -€126,066 | |
| Financial charges | 65/66B | €38,924 | €24,249 | -€14,675 | -37.7% |
| Recurring financial charges | 65 | €33,273 | €24,249 | -€9,024 | -27.1% |
| Non-recurring financial charges | 66B | €5,651 | - | -€5,651 | |
| Profit (loss) for the period before taxes | 9903 | -€8,885 | -€125,449 | -€116,564 | -1,312% |
| Profit (loss) for the period | 9904 | -€8,885 | -€125,449 | -€116,564 | -1,312% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,885 | -€125,449 | -€116,564 | -1,312% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.