BAUEN: 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.
BAUEN
Largest movements
- Stocks and contracts -€12.9m
down €12.9m (-100.0%), from €12.9m to €0
- Receivables within one year -€277,473
down €277,473 (-100.0%), from €277,473 to €0
of which Trade receivables: -€273,924
- Advances received -€11.6m
down €11.6m (-100.0%), from €11.6m to €0
- Trade debts -€910,319
down €910,319 (-98.1%), from €927,892 to €17,573
- Profit (loss) carried forward -€701,480
down €701,480 (-478.7%), from -€146,524 to -€848,004
- Gross operating margin -€7,625
down €7,625 (-57.3%), from -€13,303 to -€20,928
- Other operating charges -€235
down €235 (-14.9%), from €1,575 to €1,341
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 | €13,193,186 | €261 | -€13.2m | -100.0% |
| Current assets | 29/58 | €13,193,186 | €261 | -€13.2m | -100.0% |
| Stocks and contracts in progress | 3 | €12,915,593 | €0 | -€12.9m | -100.0% |
| Stocks | 30/36 | €12,915,593 | €0 | -€12.9m | -100.0% |
| Amounts receivable within one year | 40/41 | €277,473 | €0 | -€277,473 | -100.0% |
| Trade receivables | 40 | €273,924 | €0 | -€273,924 | -100.0% |
| Other amounts receivable | 41 | €3,549 | €0 | -€3,549 | -100.0% |
| Cash at bank and in hand | 54/58 | €120 | €261 | +€141 | +117.4% |
| Total equity and liabilities | 10/49 | €13,193,186 | €261 | -€13.2m | -100.0% |
| Equity | 10/15 | -€84,524 | -€786,004 | -€701,480 | -829.9% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€146,524 | -€848,004 | -€701,480 | -478.7% |
| Amounts payable | 17/49 | €13,277,710 | €786,265 | -€12.5m | -94.1% |
| Amounts payable within one year | 42/48 | €13,277,710 | €786,265 | -€12.5m | -94.1% |
| Trade debts | 44 | €927,892 | €17,573 | -€910,319 | -98.1% |
| Suppliers | 440/4 | €927,892 | €17,573 | -€910,319 | -98.1% |
| Advances received on contracts in progress | 46 | €11,587,817 | €0 | -€11.6m | -100.0% |
| Other amounts payable | 47/48 | €762,001 | €768,692 | +€6,691 | +0.9% |
| Other operating charges | 640/8 | €1,575 | €1,341 | -€235 | -14.9% |
| Non-recurring operating charges | 66A | - | €677,246 | +€677,246 | |
| Gross operating margin | 9900 | -€13,303 | -€20,928 | -€7,625 | -57.3% |
| Operating profit (loss) | 9901 | -€14,878 | -€699,514 | -€684,636 | -4601.6% |
| Financial charges | 65/66B | €1,818 | €1,966 | +€148 | +8.1% |
| Recurring financial charges | 65 | €1,818 | €1,966 | +€148 | +8.1% |
| Profit (loss) for the period before taxes | 9903 | -€16,696 | -€701,480 | -€684,784 | -4101.4% |
| Profit (loss) for the period | 9904 | -€16,696 | -€701,480 | -€684,784 | -4101.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€16,696 | -€701,480 | -€684,784 | -4101.4% |
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 10 October 2026 via checked.be.